AeroVironment vs BWX Technologies
Add, change or remove companies; up to four.
KIRA’s take AI analyst
I put AeroVironment and BWX Technologies side by side, using each one’s latest annual report. Here is what stands out:
- BWX Technologies is the larger business, with $3.2B of revenue in fiscal 2025 against $2.0B for AeroVironment, about 1.6 times as much.
- AeroVironment grew revenue faster (140.9%, against 18.3%).
- BWX Technologies kept more of each dollar of sales as operating profit (12.7% operating margin, against −15.7%).
- BWX Technologies turned more of its sales into free cash flow (9.2% FCF margin, against −7.1%).
- BWX Technologies earned a higher return on the capital invested in it (13.9%, against −9.1%).
Who comes out ahead
Of the 10 measures where higher (or lower) is clearly better, how many each company leads.
AeroVironment
AVAV
3/10
Revenue growth5-year growthGross margin
BWX Technologies
BWXT
7/10
Operating marginNet marginFCF marginReturn on capitalReturn on equityPiotroski F-scoreShare count change
Side by side
Best in the row
| Latest fiscal year | AVAV FY26 | BWXT FY25 |
|---|---|---|
| Size | ||
| Market cap | $6.2B | $12.1B |
| Revenue | $2.0B | $3.2B |
| Free cash flow | −$141M | $295M |
| Net income | −$265M | $329M |
| Growth | ||
| Revenue growth | 140.9% | 18.3% |
| 5-year growth | 38.0% | 8.5% |
| Share count change | 74.2% | 0.0% |
| Profitability | ||
| Gross margin | 25.3% | 22.9% |
| Operating margin | −15.7% | 12.7% |
| Net margin | −13.4% | 10.3% |
| FCF margin | −7.1% | 9.2% |
| Return on capital | −9.1% | 13.9% |
| Return on equity | −10.0% | 28.4% |
| Balance sheet | ||
| Net debt | $115M | $1.5B |
| Net debt / EBITDA | — | 3.0x |
| Dividends and buybacks | $0.0M | $123M |
| Valuation & quality | ||
| P/E | — | 34.0x |
| Piotroski F-score | 3 | 7 |
Ten years
Revenue
Operating margin
Free cash flow
Return on capital
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.