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May 18, 2026·SEC
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May 11, 2026·SEC
Babcock & Wilcox Enterprises, Inc.(BW)Earnings, Financials & Key Ratios
BW•NYSE
$10.73
Price updated Jul 7, 2026
AboutBabcock & Wilcox Enterprises, Inc., together with its subsidiaries, provides energy and emissions control solutions to a range of industrial, electrical utility, municipal, and other customers worldwide. It operates through three segments: Babcock & Wilcox Renewable; Babcock & Wilcox Environmental; and Babcock & Wilcox Thermal. The Babcock & Wilcox Renewable segment offers technologies for waste-to-energy, solar construction and installation, and biomass energy systems, as well as black liquor systems for the pulp and paper industry. This segment provides technologies support solutions for diverting waste from landfills to use for power generation and replacing fossil fuels while recovering metals and reducing emissions. The Babcock & Wilcox Environmental segment offers a range of emissions control and environmental technology solutions for utility, waste to energy, biomass, carbon black, and industrial steam generation applications. This segment provides systems for cooling, ash handling, particulate control, nitrogen oxides and sulfur dioxides removal, chemical looping for carbon control, and mercury control. The Babcock & Wilcox Thermal segment offers steam generation equipment; aftermarket parts; and construction, maintenance, and field services for plants in the power generation, oil and gas, and industrial sectors. This segment has an installed equipment for utilities and general industrial applications, including refining, petrochemical, food processing, metals, and others. The company was founded in 1867 and is headquartered in Akron, Ohio.Show more
- Revenue$588M-18.1%
- EBITDA$33M-20.9%
- Net Income-$36M+39.6%
- EPS (Diluted)-0.48+41.5%
- Gross Margin24.48%-0.8%
- EBITDA Margin5.62%-3.5%
- Operating Margin3.9%+11.5%
- Net Margin-6.15%+26.3%
BW Price & Volume
Babcock & Wilcox Enterprises, Inc. (BW) stock price & volume — 10-year historical chart
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Persistent Operational Volatility Masks Structural Equity Deficit
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Mixed
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Liquidity and project execution
Key Thesis Takeaways
- Babcock & Wilcox faces a challenging fundamental outlook characterized by erratic revenue swings, such as the 142.9% growth in 2025Q4 followed by a 29.0% contraction in 2025Q3, which complicates long-term earnings visibility.
- The company's inability to achieve consistent operating leverage, evidenced by a -0.5% operating margin in 2026Q1 despite $43.5M in gross profit, suggests fundamental difficulties in managing overhead costs.
- Investors should remain cautious given the precarious balance sheet, where a negative $172.1 million equity position and a current ratio of 0.99 limit the firm's financial flexibility.
Verdict Logic
the company's inability to generate positive net income, culminating in a $76.9M loss in 2026Q1, combined with a negative equity position, presents significant risks to long-term shareholder value.
BW Growth Metrics
Babcock & Wilcox Enterprises, Inc. (BW) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-10.37%
5 Years0.74%
3 Years-1.2%
TTM1.53%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-94.99%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-6.6%
Return on Capital
10 Years-26.96%
5 Years4.22%
3 Years5.79%
Last Year7.46%
BW Recent Earnings
Babcock & Wilcox Enterprises, Inc. (BW) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/12 qtrs (25%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
May 11, 2026Metric
Actual
Est
EPS
$0.01+66.7%
$0.03
Rev
$214M+43.2%
$150M
Q2 2026
Mar 4, 2026Metric
Actual
Est
EPS
$0.05-25.0%
$0.04
Rev
$161M+3.5%
$156M
Q4 2025
Nov 4, 2025Metric
Actual
Est
EPS
$0.06+30.8%
$0.09
Rev
$149M-4.2%
$156M
Q3 2025
Aug 11, 2025Metric
Actual
Est
EPS
$0.10-66.7%
$0.06
Rev
$144M-3.3%
$149M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 11, 2026 | $0.01vs $0.03+66.7% | $214Mvs $150M+43.2% |
| Q2 2026 | Mar 4, 2026 | $0.05vs $0.04-25.0% | $161Mvs $156M+3.5% |
| Q4 2025 | Nov 4, 2025 | $0.06vs $0.09+30.8% | $149Mvs $156M-4.2% |
| Q3 2025 | Aug 11, 2025 | $0.10vs $0.06-66.7% | $144Mvs $149M-3.3% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Babcock & Wilcox Enterprises, Inc. (BW)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $10.73 | $1.23B | -22.35 | -18.07% | -6.15% | — | 1.32% | |
| $35.55 | $1.7B | 11.66 | 34.26% | 44.73% | 30.28% | — | |
| $78.84 | $2.83B | 57.55 | 38.79% | 2.11% | 5.45% | — | |
| $14.34 | $266.22M | -19.12 | 4.33% | -30.06% | -34.48% | — | |
| $366.98 | $383.43B | 44.97 | 18.48% | 17.91% | 45.85% | — | |
| $91.34 | $14.2B | 34.47 | -1.53% | 2.44% | 4.12% | — |
Compare BW vs Peers
Babcock & Wilcox Enterprises, Inc. (BW) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BW SEC Filings & Documents
Babcock & Wilcox Enterprises, Inc. (BW) SEC filings — annual & quarterly reports (10-K, 10-Q)
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BW Frequently Asked Questions
Babcock & Wilcox Enterprises, Inc. (BW) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Babcock & Wilcox Enterprises, Inc.'s revenue?
Babcock & Wilcox Enterprises, Inc. (BW) reported $668.5M in revenue for fiscal year 2025. This represents a 62% decrease from $1.77B in 2013.
How fast is Babcock & Wilcox Enterprises, Inc. growing?
Babcock & Wilcox Enterprises, Inc. (BW) saw revenue decline by 18.1% over the past year.
Is BW profitable?
Babcock & Wilcox Enterprises, Inc. (BW) reported a net loss of $128.9M for fiscal year 2025.
Dividend & Returns
Does BW pay dividends?
Yes, Babcock & Wilcox Enterprises, Inc. (BW) pays a dividend with a yield of 1.32%. This makes it attractive for income-focused investors.
What is Babcock & Wilcox Enterprises, Inc.'s free cash flow?
Babcock & Wilcox Enterprises, Inc. (BW) had negative free cash flow of $62.2M in fiscal year 2025, likely due to heavy capital investments.