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Babcock & Wilcox Enterprises, Inc. (BW) stock

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NYSE: BW NYSE Industrial Machinery & Supplies & Components Next results ~November 9, 2026

Babcock & Wilcox Enterprises, Inc. is a US-listed company in the industrial machinery & supplies & components industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: data-quality checks not passed.

Price vs value

Under review: data-quality checks not passed. We'll show the comparison once resolved.

Babcock & Wilcox Enterprises, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders3 buying, 1 selling7 purchases and 1 sale by directors and officers, last 12 monthsInsider trades
  • Funds145 adding, 75 cuttingOf 51 active managers that changed their stake, 30 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Babcock & Wilcox Enterprises files

Where Babcock & Wilcox Enterprises stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $822m, up 42.6% on a year earlier, faster than the 8.9% growth a quarter earlier. Free-cash-flow margin rose to -7.1% from -23.6% a year earlier. Operating margin widened to 2.7% from 0.4%. The diluted share count is up 34.1% on a year earlier, which dilutes existing holders. It passes 2 of our 3 financial-health checks.

Our model value for Babcock & Wilcox Enterprises is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 10, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 9, 2026 (estimated)

Babcock & Wilcox Enterprises, Inc.'s trailing-twelve-month revenue grew 42.6% year on year, with a free-cash-flow margin of -7.1%.

Current signal Revenue growth accelerating: TTM revenue growth rose to 42.6% (+33.8pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 42.6% over the last 12 months.
  • Growth speeding up. The growth rate is 33.8 points higher than a quarter earlier.
  • Net cash. Cash exceeds long-term debt by $0.3bn.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Results due soon. Results are expected around 3 November; the share price can move sharply on the day.
  • Burning cash. Free cash flow was -7.1% of revenue over the last 12 months.
  • Share dilution. Diluted shares rose 34.1% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 120% and a beta of 3.4 against the S&P 500.
  • Gross margin slipping. Gross margin is down 3.5 points on a year ago.
  • Heavily shorted. 14.5% of the shares available to trade are sold short (3.2 days of average volume to cover).

Latest results: FY2026 Q2

Filed August 10, 2026
Earnings per share
$0.07 against an average estimate of $0.03: beat by 179.6%
Revenue
$320m, up 130.3% on a year earlier
Share reaction
-1.9% in the first session after the results on August 10, 2026, against -0.3% for the S&P 500
Next report
November 9, 2026; average EPS estimate $0.03

Babcock & Wilcox Enterprises' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-4.7%
  • 1 week-2.4%
  • 1 month-28.6%
  • This year-35.8%
  • 1 year+12.7%
  • 5 years-44.1%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$822M
Operating margin
2.7%
Net margin
-2.2%
EPS (TTM, diluted)
$-0.14

Growth

Revenue growth
+42.6%
Change in growth rate
+33.8 pts
Share count change
+34.1%

Cash

Free cash flow (TTM)
-$58.2M
FCF margin
-7.1%

Earnings

Last results
August 10, 2026
Next results (est.)
November 3, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Results
  3. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Babcock & Wilcox Enterprises, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: data-quality checks not passed.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Babcock & Wilcox Enterprises, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 12.6%: the 10-year Treasury yield (4.9%) plus a beta of 1.69 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: This model is withheld pending its input or assumption review.
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$7.9 ~$7.0–$10 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: This model is withheld pending its input or assumption review.
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: This model is withheld pending its input or assumption review.
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: This model is withheld pending its input or assumption review.
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: This model is withheld pending its input or assumption review.
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Babcock & Wilcox Enterprises, Inc. with Industrial Machinery & Supplies & Components in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$208.70$165.90$56.80$3.90$3.64$3.51$9.02$5.77$1.46$1.64$6.34$4.07
Market value$3.4bn$2.5bn$800m$54m$115m$171m$754m$509m$130m$150m$668m$522m
+ Net debt (− = net cash)−$363m−$63m$116m$164m$239m$126m−$222m−$77m−$65m−$27m$62m−$161m
Enterprise value$3.0bn$2.4bn$916m$218m$354m$297m$532m$433m$65m$124m$730m$362m
Multiples
Price / sales 1.9x1.8x0.6x0.1x0.1x0.3x1.1x0.8x0.2x0.3x1.1x0.6x
Price / earnings 175.7x—————24.4x—————
Price / free cash flow 24.9x———————————
EV / EBITDA 52.8x————19.7x14.1x18.9x69.4x11.9x23.6x11.0x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

16 /100

Weak moat

How hard Babcock & Wilcox Enterprises's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Cash operating profit has been a median -2.7% of total assets over 10 years.

  • Pricing power 1 / 20

    Gross margin has been a median 22.0%, moving by 9.7 percentage points (standard deviation) across 10 years.

  • Durability 10 / 20

    Operating margin has been a median -0.6%; its worst year was -32.7%.

  • Cash conversion 0 / 20

    Free cash flow was positive in 0 of 10 years, at a median -12.9% of revenue.

  • Discipline 5 / 20

    The diluted share count rose 97.4% over five years.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 9, 2026, after the close. Analysts expect revenue of $226m and EPS of $0.03 (range $0.00 to $0.05) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.14 +158% $1.0bn +79%
Next $0.45 +227% $1.3bn +22%

Next year's EPS estimate has moved −5.8% in 90 days, across 4 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −8.9% on 90 days ago. In the last 30 days, 0 analysts raised Babcock & Wilcox Enterprises, Inc.'s forecast and 1 cut it.

Consensus EPS forecast Babcock & Wilcox Enterprises, Inc., last 90 days
$0.00 $0.20 $0.40 $0.60 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.15 Current fiscal year, 60 days ago: $0.15 Current fiscal year, 30 days ago: $0.15 Current fiscal year, 7 days ago: $0.14 Current fiscal year, Now: $0.14 $0.14 Next fiscal year, 90 days ago: $0.47 Next fiscal year, 60 days ago: $0.47 Next fiscal year, 30 days ago: $0.47 Next fiscal year, 7 days ago: $0.45 Next fiscal year, Now: $0.45 $0.45

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.15$0.47
60 days ago $0.15$0.47
30 days ago $0.15$0.47
7 days ago $0.14$0.45
Now $0.14$0.45

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.03 $0.07 +179.6%
Mar 2026 −$0.03 −$0.01 +66.4%
Dec 2025 −$0.05 $0.02 +134.4%
Sept 2025 −$0.10 $0.33 +418.1%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

4 analysts, Oct 2026
Buy4100%
Hold00%
Sell00%

Monthly trend

  1. Oct 2026134
  2. Sep 2026134
  3. Aug 202633

Counts of recommendations published by analysts covering Babcock & Wilcox Enterprises, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
14.5%
of tradable shares
Days to cover
3.25
at average volume
Short interest, 1 month
−29%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
3.3%
of shares
Employees
1,600
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +12.7%

$3.61 on October 31, 2025 to $4.07

ThenNowEffect
Revenue (last 12 months) $576m $822m +42.6%
P/S multiple 0.6x 0.6x +6.0%
Share count 96m 128m −25.4%

Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.

Last 3 years +59.6%

$2.55 on November 3, 2023 to $4.07

ThenNowEffect
Revenue (last 12 months) $742m $822m +10.7%
P/S multiple 0.3x 0.6x +108.7%
Share count 89m 128m −30.9%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
BW+157%−36%−75%+12%+287%−36%
Industry peers (median)+19%−13%+21%+2%+9%+5%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
BW50%33%33%33%67%36%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
BW−38%−56%−85%−53%−86%−81%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 100% from April 28, 2016 to April 21, 2025. Getting back needed a 89862% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$3.74 – $21.85
From 52-week high
−81.4%
vs 50-day average
−32.8%
vs 200-day average
−64.5%
Volatility (1 year)
120%
Beta vs S&P 500
3.44

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±28.0%
After a week
7 up, 5 down
typical move ±32.4%
After a month
8 up, 4 down
typical move ±44.9%
Results releasedNext dayS&P 500 next day5 days21 days
August 10, 2026 −1.9% −0.3% +5.9% −20.7%
May 11, 2026 +35.8% +0.1% +38.6% +0.7%
March 4, 2026 +64.1% +0.1% +82.2% +94.1%
November 4, 2025 +22.4% −0.8% +74.5% +72.2%
August 11, 2025 +11.4% +0.9% +14.4% +99.2%
May 12, 2025 +90.2% +4.0% +64.1% +145.0%
March 31, 2025 −35.4% +1.0% −49.6% −36.4%
November 12, 2024 −31.2% −0.3% −24.3% −31.2%
August 8, 2024 +6.3% +2.8% −8.1% +2.7%
May 9, 2024 +10.3% +0.7% +2.6% +13.7%
April 10, 2024 −8.0% −0.3% −10.7% +8.9%
March 14, 2024 −19.5% −0.9% −13.8% −14.6%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Revenue (TTM) Babcock & Wilcox Enterprises, Inc.
$0 $500M $1B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $770.1M Revenue (TTM), FY23 Q4: $587.4M Revenue (TTM), FY24 Q1: $510.5M Revenue (TTM), FY24 Q2: $370.4M Revenue (TTM), FY24 Q3: $283.6M Revenue (TTM), FY24 Q4: $604.5M Revenue (TTM), FY25 Q1: $588.8M Revenue (TTM), FY25 Q2: $576.2M Revenue (TTM), FY25 Q3: $572.6M Revenue (TTM), FY25 Q4: $575.3M Revenue (TTM), FY26 Q1: $641.1M Revenue (TTM), FY26 Q2: $821.9M $821.9M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $770.1M
FY23 Q4 $587.4M
FY24 Q1 $510.5M
FY24 Q2 $370.4M
FY24 Q3 $283.6M
FY24 Q4 $604.5M
FY25 Q1 $588.8M
FY25 Q2 $576.2M
FY25 Q3 $572.6M
FY25 Q4 $575.3M
FY26 Q1 $641.1M
FY26 Q2 $821.9M
Revenue growth, TTM YoY Babcock & Wilcox Enterprises, Inc.
-100% -50% 0% 50% 100% 150% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: -5.7% Revenue growth, TTM YoY, FY23 Q4: -7.4% Revenue growth, TTM YoY, FY24 Q1: -24.0% Revenue growth, TTM YoY, FY24 Q2: -50.1% Revenue growth, TTM YoY, FY24 Q3: -63.2% Revenue growth, TTM YoY, FY24 Q4: 2.9% Revenue growth, TTM YoY, FY25 Q1: 15.3% Revenue growth, TTM YoY, FY25 Q2: 55.6% Revenue growth, TTM YoY, FY25 Q3: 101.9% Revenue growth, TTM YoY, FY25 Q4: -4.8% Revenue growth, TTM YoY, FY26 Q1: 8.9% Revenue growth, TTM YoY, FY26 Q2: 42.6% 42.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 -5.7%
FY23 Q4 -7.4%
FY24 Q1 -24.0%
FY24 Q2 -50.1%
FY24 Q3 -63.2%
FY24 Q4 2.9%
FY25 Q1 15.3%
FY25 Q2 55.6%
FY25 Q3 101.9%
FY25 Q4 -4.8%
FY26 Q1 8.9%
FY26 Q2 42.6%
Operating margin (TTM) Babcock & Wilcox Enterprises, Inc.
-15% -10% -5% 0% 5% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 2.9% Operating margin (TTM), FY23 Q4: -3.4% Operating margin (TTM), FY24 Q1: -3.1% Operating margin (TTM), FY24 Q2: -8.8% Operating margin (TTM), FY24 Q3: -12.9% Operating margin (TTM), FY24 Q4: -0.3% Operating margin (TTM), FY25 Q1: -1.6% Operating margin (TTM), FY25 Q2: 0.4% Operating margin (TTM), FY25 Q3: 1.3% Operating margin (TTM), FY25 Q4: 3.1% Operating margin (TTM), FY26 Q1: 2.8% Operating margin (TTM), FY26 Q2: 2.7% 2.7%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 2.9%
FY23 Q4 -3.4%
FY24 Q1 -3.1%
FY24 Q2 -8.8%
FY24 Q3 -12.9%
FY24 Q4 -0.3%
FY25 Q1 -1.6%
FY25 Q2 0.4%
FY25 Q3 1.3%
FY25 Q4 3.1%
FY26 Q1 2.8%
FY26 Q2 2.7%
FCF margin (TTM) Babcock & Wilcox Enterprises, Inc.
-40% -30% -20% -10% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: -3.7% FCF margin (TTM), FY23 Q4: -8.9% FCF margin (TTM), FY24 Q1: -10.8% FCF margin (TTM), FY24 Q2: -15.9% FCF margin (TTM), FY24 Q3: -34.3% FCF margin (TTM), FY24 Q4: -21.5% FCF margin (TTM), FY25 Q1: -21.1% FCF margin (TTM), FY25 Q2: -23.6% FCF margin (TTM), FY25 Q3: -17.8% FCF margin (TTM), FY25 Q4: -14.9% FCF margin (TTM), FY26 Q1: -9.7% FCF margin (TTM), FY26 Q2: -7.1% -7.1%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 -3.7%
FY23 Q4 -8.9%
FY24 Q1 -10.8%
FY24 Q2 -15.9%
FY24 Q3 -34.3%
FY24 Q4 -21.5%
FY25 Q1 -21.1%
FY25 Q2 -23.6%
FY25 Q3 -17.8%
FY25 Q4 -14.9%
FY26 Q1 -9.7%
FY26 Q2 -7.1%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 1,768 1,486 1,757 1,421 1,341 1,062 859 566 711 609 587 581 588 822
Gross profit 436 −219 308 138 24 −130 160 166 175 145 121 127 144 160
EBITDA 233 −6 57 −70 −276 −395 −6 15 38 23 1 10 31 33
Operating income 210 −38 22 −110 −316 −427 −29 −2 19 −1 −20 −6 21 22
Net income 175 −27 19 −116 −380 −725 −122 −10 31 −23 −197 −60 −36 −18
Diluted EPS $10.33 −$1.63 $0.12 −$0.77 −$26.97 −$52.45 −$3.87 −$0.21 $0.26 −$0.43 −$2.38 −$0.82 −$0.48 −$0.14
Growth (year on year)
Revenue — −15.9% +18.3% −19.1% −5.6% −20.8% −19.1% −34.1% +25.5% −14.3% −3.6% −1.1% +1.1% +42.6%
EBITDA — −102.4% — −224.0% — — — — +150.6% −39.5% −95.9% — — +158.2%
Operating income — −118.1% — — — — — — — −105.9% — — — —
Net income — −115.2% — — — — — — — −174.0% — — — —
Diluted EPS — −115.8% — — — — — — — −265.4% — — — —
Margins
Gross margin 24.7% −14.7% 17.5% 9.7% 1.8% −12.2% 18.7% 29.3% 24.6% 23.8% 20.7% 21.8% 24.5% 19.5%
EBITDA margin 13.2% −0.4% 3.2% −5.0% −20.6% −37.1% −0.7% 2.7% 5.3% 3.7% 0.2% 1.8% 5.3% 4.0%
Operating margin 11.9% −2.6% 1.2% −7.7% −23.6% −40.2% −3.4% −0.3% 2.7% −0.2% −3.4% −1.1% 3.5% 2.7%
Net margin 9.9% −1.8% 1.1% −8.1% −28.3% −68.3% −14.2% −1.8% 4.3% −3.8% −33.6% −10.3% −6.2% −2.2%
Free-cash-flow margin 0.3% −2.7% 7.7% −1.4% −15.2% −27.0% −21.0% −8.7% −16.6% −7.2% −8.9% −22.4% −14.6% −7.1%
Cash flow
Cash from operations 16 −24 170 2 −190 −282 −176 −41 −111 −31 −42 −119 −69 −35
Capital spending 12 15 35 22 14 5 4 8 7 13 10 11 17 23
Free cash flow 5 −40 135 −20 −204 −287 −180 −49 −118 −44 −52 −130 −86 −58
Stock-based pay −0 −0 8 — — — — — — — — — — —
Free cash flow after stock pay 5 −40 127 — — — — — — — — — — —
Balance sheet
Cash 191 219 365 87 44 43 44 57 225 77 65 27 89 309
Total debt 0 3 2 24 160 207 283 183 3 — 0 0 151 148
Net debt (negative = net cash) −191 −215 −363 −63 116 164 239 126 −222 −77 −65 −27 62 −161
Diluted shares 17m 16m 16m 15m 14m 14m 32m 49m 84m 88m 89m 92m 105m 128m
Returned to shareholders
Buybacks 0 0 25 78 1 1 0 0 5 3 1 0 0 —
Total returned 0 0 25 78 1 1 0 0 5 3 1 0 0 —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 3 checks passed · June 30, 2026
What it owns · $1000m
Short-term assets $725mLonger-term assets $274m
What it owes, and who funded it · $1000m
Short-term liabilities $500mLonger-term liabilities $442mShareholders' equity $57m
  • Short-term assets cover short-term liabilities $725m of assets due within a year against $500m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $725m short-term assets against $442m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Operating income of $22m against $25m of interest.

From Babcock & Wilcox Enterprises, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Buybacks, last 3 fiscal years
$2.1M
Diluted share count
+34.1%
year over year
Sales & admin spending
16.4%
of revenue
Days sales outstanding
76 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in industrial machinery & supplies & components
Last 12 months unless stated BW HLIO SXI GRC PSIX EPAC Median
Revenue, last 12 months $822m $891m $907m $722m $676m $652m $1.3bn
Revenue growth, last 12 months 42.6% 14.0% 8.3% 6.5% 13.2% 5.7% 8.3%
Revenue growth, 3-year average 3.5% 1.8% 6.8% 3.9% 10.6% 2.9% 3.9%
Revenue growth, latest quarter 130.3% 9.1% 7.0% 11.8% −20.5% 10.9% 9.4%
Gross margin 19.5% 33.5% 42.4% 32.5% 23.9% 49.2% 34.9%
Operating margin 2.7% 10.0% 22.5% 16.1% 13.0% 19.8% 13.0%
Operating margin, 3-year average −1.9% 9.4% 16.1% 14.6% 14.8% 20.7% 13.7%
Net margin −2.2% 8.0% 12.5% 10.2% 10.0% 13.8% 8.8%
Cash from operations / revenue −4.2% 15.4% 9.7% 18.0% 11.0% 20.0% 11.7%
Free-cash-flow margin −7.1% 12.0% 6.9% 15.3% 9.9% 18.3% 8.5%
Free-cash-flow margin, 3-year average −15.5% 11.1% 7.3% 12.9% 11.1% 15.0% 9.6%
Stock pay / revenue — 0.7% 1.2% 0.7% 0.1% 1.9% 0.8%
Change in share count 34.1% −0.2% 0.4% 0.4% 0.0% −4.2% 0.0%

Median of all 77 companies we cover in industrial machinery & supplies & components. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Where the revenue comes from

Fiscal year to December 31, 2025
Geography
Region Revenue Share YoY
United States $418M 71.1% ▲ 7.7%
Canada $90.6M 15.4% ▲ 29.6%
All Other Countries $36.4M 6.2% ▼ 26.6%
ID $16.3M 2.8% ▲ 23.3%
United Kingdom $15.5M 2.6% ▼ 68.9%
PH $10.9M 1.9% ▲ 4.4%

From Babcock & Wilcox Enterprises, Inc.'s 10-K filed March 16, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$1.8B
Institutions reporting
201
Shares held vs prior quarter
▲ 22.6%
Positions opened / closed
83 / 34

Top buyers and sellers, Q2 2026: 145 institutions bought and 75 sold ; the biggest buyer was Blackrock, Inc (+9.7M shares) and the biggest seller Jane Street Group, LLC (−3.0M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Brc Group Holdings, Inc. $387M 27.4M 20.9% 0.0%
Hood River Capital Management LLC $193M 13.7M 10.4% ▲ 18.0%
Blackrock, Inc. $160M 11.4M 8.7% ▲ 601.5%
Ameriprise Financial Inc $108M 7.7M 5.8% ▲ 112.6%
Vanguard Capital Management LLC $84.4M 6.0M 4.6% ▲ 34.5%
Gendell Jeffrey L $72.5M 5.1M 3.9% ▲ 0.3%
Marshall Wace, LLP $55.2M 3.9M 3.0% ▲ 14.7%
Neuberger Berman Group LLC $46.3M 3.3M 2.5% ▼ 35.0%
Geode Capital Management, LLC $45.3M 3.2M 2.4% ▲ 237.5%
State Street Corp $41.7M 3.0M 2.3% ▲ 617.3%
Driehaus Capital Management LLC $33M 2.3M 1.8% ▼ 1.8%
Value Aligned Research Advisors, LLC $31.6M 2.2M 1.7% New

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Babcock & Wilcox Enterprises, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $282,868 7 trades by 3 insiders, last 12 months Insider sales History → $10.4M 1 trade by 1 insider · 0% under pre-set plans
Net ▼ $10.1M net selling
Insider Date Trade Shares Price Value
Moeller Philip D Director August 13, 2026 Buy 5,000 $9.50 $47,500
Young Kenneth M Chief Executive Officer August 12, 2026 Buy 7,000 $9.65 $67,550
Young Kenneth M Chief Executive Officer March 18, 2026 Buy 7,000 $15.15 $106,050
Frymyer Cameron M Chief Financial Officer March 18, 2026 Buy 1,285 $14.76 $18,967
Brc Group Holdings, Inc. 10% owner February 11, 2026 Sell 1,155,382 $9.00 $10.4M
Young Kenneth M Chief Executive Officer November 12, 2025 Buy 1,500 $7.13 $10,695
Young Kenneth M Chief Executive Officer November 12, 2025 Buy 1,675 $7.16 $11,993
Frymyer Cameron M Chief Financial Officer November 12, 2025 Buy 2,853 $7.05 $20,114

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 1 trade and filings

No trades in Babcock & Wilcox Enterprises, Inc. disclosed in the last 12 months; 1 earlier trade on record.

  • Lois Frankel(D-FL 22):Sale (full), $1,001 - $15,000, traded July 22, 2015, filed August 18, 2015

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 3, 2026 estimated from the company's past filing pattern, not announced

  • August 10, 2026
  • May 11, 2026
  • March 4, 2026
  • November 4, 2025
  • August 11, 2025
  • May 12, 2025

Recent SEC filings

Data status

When each part of this page on Babcock & Wilcox Enterprises, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Babcock & Wilcox Enterprises, Inc. in brief

What does Babcock & Wilcox Enterprises, Inc. do?
Babcock & Wilcox Enterprises, Inc. is a US-listed company in the industrial machinery & supplies & components industry. Its financial year ends in December.
What is Babcock & Wilcox Enterprises, Inc.'s stock ticker?
Babcock & Wilcox Enterprises, Inc. trades under the ticker BW on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Babcock & Wilcox Enterprises, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Babcock & Wilcox Enterprises, Inc. reported revenue of $822M, 42.6% higher than a year earlier, according to its SEC filings.
What is Babcock & Wilcox Enterprises, Inc.'s free cash flow?
Babcock & Wilcox Enterprises, Inc.'s free-cash-flow margin is -7.1% of revenue over the trailing twelve months.
Who are Babcock & Wilcox Enterprises, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Brc Group Holdings, Inc., Hood River Capital Management LLC and Blackrock, Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Babcock & Wilcox Enterprises, Inc.'s market cap?
On November 2, 2026, Babcock & Wilcox Enterprises, Inc.'s market capitalisation was about $522M and net debt of -$161M. Market figures come from third-party market data and may be delayed.
Who are Babcock & Wilcox Enterprises, Inc.'s competitors?
In our Industrial Machinery & Supplies & Components peer group, the companies closest to Babcock & Wilcox Enterprises, Inc. are Helios Technologies, Inc., Standex International Corp, Gorman Rupp Co, Power Solutions International, Inc. and Enerpac Tool Group Corp. The side-by-side comparison below sets their revenue, margins and growth against Babcock & Wilcox Enterprises, Inc.'s.
Are insiders buying or selling Babcock & Wilcox Enterprises, Inc. stock?
Over the last 12 months, Babcock & Wilcox Enterprises, Inc.'s directors and officers reported 7 open-market purchases and 1 sales on Form 4. The insider trading page charts every trade.
When is Babcock & Wilcox Enterprises, Inc.'s next earnings date?
Around November 9, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Babcock & Wilcox Enterprises, Inc. announces its own schedule.