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BWX Technologies vs Cummins: revenue, profit, margins and growth compared

BWX Technologies brought in $3.2B of revenue in fiscal 2025, Cummins $33.7B in fiscal 2025. Revenue changed by +18.3% at BWX Technologies and -1.3% at Cummins on the year before, so BWX Technologies grew faster. BWX Technologies kept 10.3% of its revenue as net profit, Cummins 8.4%. Free cash flow was $295.3M at BWX Technologies and $2.4B at Cummins.

Side by side, latest fiscal year

BWXTCMI
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$3.2B$33.7B
Revenue growth+18.3%-1.3%
Net income$328.9M$2.8B
Net margin10.3%8.4%
Free cash flow$295.3M$2.4B
Free cash flow margin9.2%7.1%
Earnings per share (diluted)$3.58$20.50
Cash$499.8M$2.8B
Debt$2B$6.9B
Price to earnings38.725.6
Market value$12.7B$72.3B
Dividend yield0.69%1.46%
Rank by revenue in sector#172 of 451 · Industrials#18 of 451 · Industrials

Over the years

Revenue
BWXT FY2018: $1.8BBWXT FY2019: $1.9BBWXT FY2020: $2.1BBWXT FY2021: $2.1BBWXT FY2022: $2.2BBWXT FY2023: $2.5BBWXT FY2024: $2.7BBWXT FY2025: $3.2BCMI FY2018: $23.8BCMI FY2019: $23.6BCMI FY2020: $19.8BCMI FY2021: $24BCMI FY2022: $28.1BCMI FY2023: $34.1BCMI FY2024: $34.1BCMI FY2025: $33.7BFY18FY19FY20FY21FY22FY23FY24FY25
BWXT $3.2BCMI $33.7B
Net income
BWXT FY2018: $227MBWXT FY2019: $244.1MBWXT FY2020: $278.7MBWXT FY2021: $305.9MBWXT FY2022: $238.2MBWXT FY2023: $245.8MBWXT FY2024: $281.9MBWXT FY2025: $328.9MCMI FY2018: $2.1BCMI FY2019: $2.3BCMI FY2020: $1.8BCMI FY2021: $2.1BCMI FY2022: $2.2BCMI FY2023: $735MCMI FY2024: $3.9BCMI FY2025: $2.8BFY18FY19FY20FY21FY22FY23FY24FY25
BWXT $328.9MCMI $2.8B
Net margin
BWXT FY2018: 12.6%BWXT FY2019: 12.9%BWXT FY2020: 13.1%BWXT FY2021: 14.4%BWXT FY2022: 10.7%BWXT FY2023: 9.8%BWXT FY2024: 10.4%BWXT FY2025: 10.3%CMI FY2018: 9.0%CMI FY2019: 9.6%CMI FY2020: 9.0%CMI FY2021: 8.9%CMI FY2022: 7.7%CMI FY2023: 2.2%CMI FY2024: 11.6%CMI FY2025: 8.4%FY18FY19FY20FY21FY22FY23FY24FY25
BWXT 10.3%CMI 8.4%
Revenue growth
BWXT FY2019: +5.3%BWXT FY2020: +12.1%BWXT FY2021: +0.0%BWXT FY2022: +5.1%BWXT FY2023: +11.8%BWXT FY2024: +8.3%BWXT FY2025: +18.3%CMI FY2019: -0.8%CMI FY2020: -16.0%CMI FY2021: +21.3%CMI FY2022: +16.9%CMI FY2023: +21.3%CMI FY2024: +0.1%CMI FY2025: -1.3%FY19FY20FY21FY22FY23FY24FY25
BWXT +18.3%CMI -1.3%
Free cash flow
BWXT FY2018: $60MBWXT FY2019: $97.2MBWXT FY2020: -$58.6MBWXT FY2021: $75MBWXT FY2022: $46.4MBWXT FY2023: $212.4MBWXT FY2024: $254.8MBWXT FY2025: $295.3MCMI FY2018: $1.7BCMI FY2019: $2.5BCMI FY2020: $2.2BCMI FY2021: $1.5BCMI FY2022: $1BCMI FY2023: $2.8BCMI FY2024: $279MCMI FY2025: $2.4BFY18FY19FY20FY21FY22FY23FY24FY25
BWXT $295.3MCMI $2.4B

Fiscal years as each company reports them; the two may end in different months.

Questions about BWX Technologies and Cummins

Which is bigger by revenue, BWX Technologies or Cummins?

Cummins is bigger by revenue: $33.7B in fiscal 2025, against $3.2B for BWX Technologies in fiscal 2025.

Which keeps more of its revenue as profit, BWX Technologies or Cummins?

BWX Technologies had a net margin of 10.3% in fiscal 2025; Cummins had 8.4% in fiscal 2025.

Which grew revenue faster, BWX Technologies or Cummins?

In their latest fiscal years revenue changed by +18.3% at BWX Technologies and -1.3% at Cummins.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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