The Moat Index

BWX TECHNOLOGIES, INC.

BWXT · Industrials · $15.9B mkt cap · FY2025 filings · Narrow moat

On the watchlist

61/ 100
Narrow moat

The four filters

Pricing power41

Median gross margin 26.5% over 10y, stable.

Returns on capital87

Median ROIC 17.1%, above the 9% hurdle in 100% of years.

Balance-sheet safety32

Net debt/EBITDA 3.0x, interest coverage 9x.

Capital discipline77

Owner earnings +6.7%/yr, share count shrinking (buybacks).

Margin of safety

Above valueOn sale
303% above value
Owner earnings (normalized)
$281.9M
Est. intrinsic value / share
$43.03
Recent price
$173.61
Discount to value
303% above value

Conservative model: 9% discount rate, 2% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).

Moat Score history

Score history begins 2026-07-17. Check back as the record builds.

Scores are logged append-only and never overwritten — this record can't be backfilled, which is exactly why it's worth keeping.

Embed this score on your site

One iframe, no script. The badge shows BWXT’s live Moat Score, updates itself as new filings are scored, and links back here. How it works.

<iframe
  src="https://buylikebuffett.com/embed/BWXT"
  width="340" height="150" style="border:0"
  title="BWXT Moat Score — The Moat Index"
  loading="lazy"></iframe>
BWX TECHNOLOGIES, INC. (BWXT) Moat Score — The Moat Index · Buy Like Buffett