BWX Technologies vs Leonardo DRS
BWX Technologies and Leonardo DRS are similar in size: $3.20bn and $3.65bn of revenue in their latest fiscal years. BWX Technologies grew faster (18.3% against 12.8%). BWX Technologies kept more of each dollar of sales as profit: a net margin of 10.3% against 7.6%. Leonardo DRS carries less debt relative to equity (12.9% against 163.6%).
| Latest fiscal year | BWX TechnologiesBWXT, 2025 | Leonardo DRSDRS, 2025 |
|---|---|---|
| Revenue | $3.20bn | $3.65bn |
| Revenue growth | 18.3% | 12.8% |
| Net income | $329m | $278m |
| Operating margin | 12.6% | 9.5% |
| Net margin | 10.3% | 7.6% |
| Return on equity | 28.4% | 10.5% |
| Free cash flow | $295m | $227m |
| Cash | $500m | $647m |
| Total debt | $2.02bn | $353m |
| Debt to equity | 163.6% | 12.9% |
| Dividend per share | $0.96 | — |
| Dividend yield | 0.8% | — |
| Share buybacks | $30.0m | $35.0m |
| Employees | — | 6,400 |
| Market value | $12.20bn | $10.38bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 71 (Strong) | 48 (Moderate) |
| Insider trades, 12 months | 0 buys, 22 sales | 1 buys, 22 sales |