BWXT vs. MAIR: BWX Technologies vs. Madison Air Stock Comparison
How do BWX Technologies (BWXT) and Madison Air (MAIR) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
BWX Technologies (BWXT) and Madison Air (MAIR) both fall under the Capital Goods industry group, but BWXT is classified in Aerospace & Defense while MAIR is classified in Building Products.
BWX Technologies (BWXT) has been public since August 2, 2010 with a meaningfully longer listed history, while Madison Air (MAIR) only listed on April 16, 2026 — long-window metrics on the MAIR side should be interpreted with caution.
| Profile Item | BWXT | MAIR |
|---|---|---|
| Name | BWX Technologies, Inc. | Madison Air Solutions Corporation Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Aerospace & Defense | Building Products |
| GICS Sub-Industry | Aerospace & Defense | Building Products |
| Market Capitalization | 10.95 billion USD | 11.56 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | August 2, 2010 | April 16, 2026 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BWXT | MAIR |
|---|---|---|
| Total Return (1Y) | -33.33% | -- |
| Total Return (3Y, Annualized) | 20.43% | -- |
| Total Return (5Y, Annualized) | 20.57% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BWXT | MAIR |
|---|---|---|
| Volatility (1Y, Annualized) | 45.97% | 57.10% |
| Beta (5Y) | 0.73 | 1.60 |
| Max Drawdown (5Y) | -51.64% | -51.16% |
| Avg. Volume (3M) | 1.19M | 2.60M |
Risk-Adjusted Performance
Risk-Return Positioning
Both BWXT and MAIR need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | BWXT | MAIR |
|---|---|---|
| Sharpe Ratio (1Y) | -0.82 | -- |
| Sortino Ratio (1Y) | -1.11 | -- |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: BWX Technologies (BWXT) earns 28.27% on shareholders’ equity, ranked against its industry; Madison Air (MAIR) has no ROE this period.
BWXT
Capital Goods industry group
28.27%
- Max
- 40.55%
- BWXT
- 28.27%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
MAIR
Capital Goods industry group
--
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
- MAIR
- --
Net Margin (TTM)
Both BWX Technologies (BWXT) at 10.41% and Madison Air (MAIR) at 3.73% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
BWXT
Capital Goods industry group
10.41%
- Max
- 27.47%
- Q3
- 12.10%
- BWXT
- 10.41%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
MAIR
Capital Goods industry group
3.73%
- Max
- 27.47%
- Q3
- 12.10%
- Median
- 6.30%
- MAIR
- 3.73%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Madison Air (MAIR) at 19.76% operates in the top operating margin quartile, ahead of BWX Technologies (BWXT) at 11.55%, which runs around its industry’s norm.
BWXT
Capital Goods industry group
11.55%
- Max
- 36.60%
- Q3
- 18.33%
- BWXT
- 11.55%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
MAIR
Capital Goods industry group
19.76%
- Max
- 36.60%
- MAIR
- 19.76%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | BWXT | MAIR |
|---|---|---|
| ROE (TTM) | 28.27% | -- |
| ROA (TTM) | 5.49% | -- |
| Net Margin (TTM) | 10.41% | 3.73% |
| Operating Margin (TTM) | 11.55% | 19.76% |
| Gross Margin (TTM) | 22.61% | 39.06% |
Growth
Revenue Growth
Madison Air (MAIR) at 34.07% sits in the top revenue growth quartile, while BWX Technologies (BWXT) at 18.30% is closer to the peer norm — faster top-line expansion for MAIR.
EPS Growth
Both BWX Technologies (BWXT) at 16.61% and Madison Air (MAIR) at -2.32% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | BWXT | MAIR |
|---|---|---|
| Revenue Growth (YoY) | 18.30% | 34.07% |
| Revenue Growth (3Y CAGR) | 12.73% | -- |
| EPS Growth (YoY) | 16.61% | -2.32% |
| EPS Growth (3Y CAGR) | 11.25% | -- |
Financial Strength
Current Ratio (MRQ)
Both BWX Technologies (BWXT) at 1.88 and Madison Air (MAIR) at 1.82 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
BWXT
Capital Goods industry group
1.88
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- BWXT
- 1.88
- Q1
- 1.43
- Min
- 0.36
MAIR
Capital Goods industry group
1.82
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- MAIR
- 1.82
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Madison Air (MAIR) at 0.87 carries an industry-typical debt-to-equity mix, while BWX Technologies (BWXT) at 1.43 uses more debt funding than most peers.
BWXT
Capital Goods industry group
1.43
- Max
- 2.33
- BWXT
- 1.43
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
MAIR
Capital Goods industry group
0.87
- Max
- 2.33
- Q3
- 1.12
- MAIR
- 0.87
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | BWXT | MAIR |
|---|---|---|
| Current Ratio (MRQ) | 1.88 | 1.82 |
| Debt / Equity (MRQ) | 1.43 | 0.87 |
| Net Debt / EBITDA | 2.92 | 3.37 |
Dividends
Dividend Yield (TTM)
Madison Air (MAIR) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile BWX Technologies (BWXT) reports a yield of 0.92%, ranking against industry peers normally.
BWXT
Capital Goods industry group
0.92%
- Max
- 2.66%
- Q3
- 1.14%
- BWXT
- 0.92%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
MAIR
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- MAIR
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Madison Air (MAIR) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile BWX Technologies (BWXT) reports a payout of 26.04%, ranking against industry peers normally.
BWXT
Capital Goods industry group
26.04%
- Max
- 67.39%
- Q3
- 28.02%
- BWXT
- 26.04%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
MAIR
Capital Goods industry group
0.00%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- MAIR
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BWXT | MAIR |
|---|---|---|
| Dividend Yield (TTM) | 0.92% | 0.00% |
| Dividend Payout Ratio (TTM) | 26.04% | 0.00% |
Valuation
P/E Ratio (TTM)
BWX Technologies (BWXT) at 29.37 is near its industry’s usual P/E ratio, while Madison Air (MAIR) at 164.57 sits above its peer range — an unusually expensive price for MAIR’s trailing earnings.
BWXT
Capital Goods industry group
29.37
- Max
- 59.38
- Q3
- 35.92
- BWXT
- 29.37
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
MAIR
Capital Goods industry group
164.57
- MAIR
- 164.57
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
On P/S ratio, both BWX Technologies (BWXT) at 3.04 and Madison Air (MAIR) at 3.09 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
BWXT
Capital Goods industry group
3.04
- Max
- 7.54
- Q3
- 3.76
- BWXT
- 3.04
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
MAIR
Capital Goods industry group
3.09
- Max
- 7.54
- Q3
- 3.76
- MAIR
- 3.09
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Madison Air (MAIR) at 3.17 is valued about in line with its industry on P/B ratio, while BWX Technologies (BWXT) at 7.72 carries an above-peer premium to book — BWXT is pricier on assets.
BWXT
Capital Goods industry group
7.72
- Max
- 9.66
- BWXT
- 7.72
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
MAIR
Capital Goods industry group
3.17
- Max
- 9.66
- Q3
- 5.00
- MAIR
- 3.17
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | BWXT | MAIR |
|---|---|---|
| P/E Ratio (TTM) | 29.37 | 164.57 |
| P/S Ratio (TTM) | 3.04 | 3.09 |
| P/B Ratio (MRQ) | 7.72 | 3.17 |
| Free Cash Flow Yield (TTM) | 2.64% | -- |