BWX Technologies vs Hexcel
BWX Technologies reported revenue of $3.2 billion in fiscal 2025, 1.7 times Hexcel's $1.9 billion in fiscal 2025. BWX Technologies' revenue grew 18.3% in its latest year, and Hexcel's fell 0.5%. BWX Technologies had an operating margin of 12.7%, against 9.1% at Hexcel. Free cash flow was $295 million at BWX Technologies and $157 million at Hexcel.
Side by side
| BWX Technologies | Hexcel | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $3.2B | $1.9B |
| Revenue growth | 18.3% | −0.5% |
| Revenue growth a year, last 5 years | 8.5% | 4.7% |
| Gross margin | 22.9% | 23.0% |
| Operating margin | 12.7% | 9.1% |
| Net margin | 10.3% | 5.8% |
| Free cash flow | $295M | $157M |
| Free cash flow margin | 9.2% | 8.3% |
| Return on capital | 13.9% | 6.5% |
| Net debt to EBITDA | 3.0x | 3.1x |
| Dividends and buybacks | $122M | $508M |
| Change in diluted share count | −0.0% | −3.6% |
| Last close | $131.20 | $79.74 |
| P/E at the last close | 34.0× | 35.9× |
| Insider trades, last 12 months | sold $9.0 million | sold $2.8 million |
| Piotroski F-score | 7 of 9 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
BWX TechnologiesHexcel
Operating margin
Percent of revenue
BWX TechnologiesHexcel
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
BWX TechnologiesHexcel
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the BWX Technologies and Hexcel pages.