MIR vs. BWXT
MIR (Mirion Technologies, Inc.) and BWXT (BWX Technologies, Inc.) are both stocks. Both are in the Industrials sector — MIR in Specialty Industrial Machinery, BWXT in Aerospace & Defense. Over the past 5 years, MIR returned 12.98%/yr vs 30.45%/yr for BWXT. At a 0.37 correlation, their price movements are largely independent.
Performance
MIR vs. BWXT - Performance Comparison
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Returns By Period
In the year-to-date period, MIR achieves a -20.84% return, which is significantly lower than BWXT's 21.83% return.
MIR
- 1D
- -0.38%
- 1M
- 1.04%
- YTD
- -20.84%
- 6M
- -22.13%
- 1Y
- -5.60%
- 3Y*
- 31.04%
- 5Y*
- 12.98%
- 10Y*
- —
BWXT
- 1D
- 2.24%
- 1M
- 3.49%
- YTD
- 21.83%
- 6M
- 18.03%
- 1Y
- 48.38%
- 3Y*
- 47.17%
- 5Y*
- 30.45%
- 10Y*
- 20.97%
MIR vs. BWXT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MIR Mirion Technologies, Inc. | -20.84% | 34.21% | 70.24% | 55.07% | -36.87% | -3.94% | 8.46% |
BWXT BWX Technologies, Inc. | 21.83% | 56.37% | 46.53% | 33.87% | 23.30% | -19.40% | 3.71% |
Correlation
The correlation between MIR and BWXT is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Aug 20, 2020 | 0.37 |
Over the past year, MIR and BWXT have become more correlated (0.58) than their long-term average of 0.37, meaning their price movements have been converging.
Fundamentals
MIR:
$4.54B
BWXT:
$19.30B
MIR:
$0.10
BWXT:
$3.75
MIR:
185.60
BWXT:
55.94
MIR:
4.75
BWXT:
5.71
MIR:
2.40
BWXT:
15.08
MIR:
$981.00M
BWXT:
$3.38B
MIR:
$461.60M
BWXT:
$566.27M
MIR:
$160.50M
BWXT:
$534.48M
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Return for Risk
MIR vs. BWXT — Risk / Return Rank
MIR
BWXT
MIR vs. BWXT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mirion Technologies, Inc. (MIR) and BWX Technologies, Inc. (BWXT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MIR | BWXT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.18 | ||
| Sortino ratioReturn per unit of downside risk | -1.44 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.22 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.12 | 2.10 | -2.22 |
| Martin ratioReturn relative to average drawdown | -0.24 | 4.64 | -4.89 |
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Drawdowns
MIR vs. BWXT - Drawdown Comparison
The maximum MIR drawdown since its inception was -62.20%, which is greater than BWXT's maximum drawdown of -47.88%. Use the drawdown chart below to compare losses from any high point for MIR and BWXT.
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Drawdown Indicators
| MIR | BWXT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.20% | -47.88% | -14.32% |
Max Drawdown (1Y)Largest decline over 1 year | -46.82% | -23.14% | -23.68% |
Max Drawdown (3Y)Largest decline over 3 years | -46.82% | -32.87% | -13.95% |
Max Drawdown (5Y)Largest decline over 5 years | -51.79% | -32.87% | -18.92% |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.74% | — |
Current DrawdownCurrent decline from peak | -37.68% | -11.80% | -25.88% |
Average DrawdownAverage peak-to-trough decline | -29.79% | -13.17% | -16.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.08% | 10.45% | +12.63% |
Volatility
MIR vs. BWXT - Volatility Comparison
Mirion Technologies, Inc. (MIR) has a higher volatility of 16.88% compared to BWX Technologies, Inc. (BWXT) at 10.88%. This indicates that MIR's price experiences larger fluctuations and is considered to be riskier than BWXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MIR | BWXT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.88% | 10.88% | +6.00% |
Volatility (6M)Calculated over the trailing 6-month period | 34.47% | 33.90% | +0.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.57% | 45.32% | +9.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.24% | 33.04% | +13.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.98% | 30.88% | +14.10% |
Dividends
MIR vs. BWXT - Dividend Comparison
MIR has not paid dividends to shareholders, while BWXT's dividend yield for the trailing twelve months is around 0.50%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BWXT BWX Technologies, Inc. | 0.50% | 0.58% | 0.86% | 1.20% | 1.52% | 1.75% | 1.26% | 1.10% | 1.67% | 0.69% | 0.91% | 30.37% |
MIR Mirion Technologies, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
MIR vs. BWXT - Financials Comparison
This section allows you to compare key financial metrics between Mirion Technologies, Inc. and BWX Technologies, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
MIR vs. BWXT - Profitability Comparison
MIR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mirion Technologies, Inc. reported a gross profit of 119.10M and revenue of 257.60M. Therefore, the gross margin over that period was 46.2%.
BWXT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, BWX Technologies, Inc. reported a gross profit of 0.00 and revenue of 860.22M. Therefore, the gross margin over that period was 0.0%.
MIR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mirion Technologies, Inc. reported an operating income of 3.70M and revenue of 257.60M, resulting in an operating margin of 1.4%.
BWXT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BWX Technologies, Inc. reported an operating income of 106.69M and revenue of 860.22M, resulting in an operating margin of 12.4%.
MIR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mirion Technologies, Inc. reported a net income of -3.40M and revenue of 257.60M, resulting in a net margin of -1.3%.
BWXT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BWX Technologies, Inc. reported a net income of 91.19M and revenue of 860.22M, resulting in a net margin of 10.6%.
Frequently Asked Questions
MIR and BWXT have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MIR has higher volatility (16.88%) compared to BWXT (10.88%). In terms of maximum drawdown, MIR dropped -62.20% vs BWXT's -47.88%.
BWXT currently has the higher Sharpe Ratio (1.07 vs -0.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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