BWX Technologies : BWXT 1Q25 Investor Briefing

Published: 2025-05-12 10:09:06 ET BWXT

Published on 05/12/2025 at 10:09

May 2025

Aircraft carrier?

$550M - $570M

Estimated 2025 Adj. EBITDA(1)

~$3.0B

Estimated 2025 Revenue

~8,700

Employees

$4.8B

2024 Backlog

OUR MISSION

We provide safe and effective solutions for global security, clean energy, environmental restoration, nuclear medicine and space exploration.

We maintain a commitment to innovation, operational excellence, safety and the highest ESG standards.

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(1) Non-GAAP figures exclude any mark-to-market adjustment for pension and postretirement benefits recognized and other one-time items. A reconciliation and definition of GAAP to adjusted, non-GAAP measures can be found in the Appendix section of this presentation.

Global Security

Manufacturing of highly engineered naval nuclear propulsion components

Special Materials

Uranium & national security materials, including downblending, conversion and purification

Government Operations (GO)

Adjusted EBITDA Margin(1)

Backlog

Technical Services

Space and Defense Microreactors

2024 Revenue

by Operating Segment

Including design, prototype and production Nuclear Environmental Management (EM)

and Management & Operations (M&O) services

Employees

Commercial Operations (CO)

Clean Energy

Manufacturing and field service of highly engineered commercial nuclear components and uranium fuel

Radioisotopes used in diagnostic and therapeutic radiopharmaceutical products

Nuclear Medicine

Adjusted EBITDA Margin(1)

Backlog

Employees

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* Adjusted EBITDA margin, Backlog,and Employees are as of December 31, 2024.

(1) See Appendix for reconciliation of GAAP to adjusted non-GAAP measures.

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Scale and differentiation create the right-to-win in a highly technical market

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Major secular themes underpinning long-term end-market demand in Government and Commercial markets

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Strong visibility across multiple business lines…with emerging demand in key growth vectors

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Disciplined capital allocation to fund growth and drive value creation

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Pathway to mid-single to high-single EBITDA and double-digit Free Cash Flow growth over the medium-term

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Disclaimer

BWX Technologies Inc. published this content on May 12, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 12, 2025 at 14:08 UTC.