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Overview

Babcock & Wilcox Enterprises, Inc.

BWNYSEIndustrialsHeating Equipment, Except Electric & Warm Air FurnacesCIK 0001630805

Latest 10-K: FY2025, filed Mar 16, 2026 · Open the 10-K (Inline XBRL) ↗

Revenue
$0.59B
1.1%YoYup from FY2024
TotalRevenue
Gross profit
$0.14B
13.5%YoYup from FY2024
GrossProfit
Operating income
$0.02B
n/mYoY
OperatingIncome
Net income
-$0.04B
n/mYoY
NetIncome
Diluted EPS
-$0.48
n/mYoY
EPSDiluted
Diluted shares
105.4M
14.9%YoYup from FY2024
WeightedAvgSharesDiluted

At a glance

Growth

  • Babcock & Wilcox Enterprises, Inc. reported revenue of $0.59B for fiscal 2025, up 1.1% from fiscal 2024.
  • Revenue grew faster than the median S&P 500 member in 1 of the last 5 fiscal years.

Profitability

  • Operating margin was 3.5% and net margin was -6.2%, against a median net margin of 12.8% across S&P 500 members for the same fiscal year.

Per share

  • Diluted EPS was -$0.48.
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Written from the filed figures on this page by fixed rules — no AI.

Data as of Oct 23, 2026 · Sources: SEC EDGAR 10-K

Financial statements

Annual figures from the 10-K, most recent fiscal year first.

Income Statement

5 annual periods

Chip: YoY change.

Income Statement, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: S&P 500 median change. Line under a label: how many S&P 500 companies its median rests on.
Line itemFY2025FY2024FY2023FY2022FY20214Y CAGR
Revenue
$587.68M1.1%up
S&P 500 6.4%
$581.04M1.1%down
S&P 500 4.5%
$587.45M3.6%down
S&P 500 4.8%
$609.44M14.3%down
S&P 500 10.3%
$710.87M25.5%up
S&P 500 13.8%
-4.6%
S&P 500 6.6%
Gross Profit
Median of 315 / 498
$143.85M13.5%up
S&P 500 6.8%
$126.71M4.3%up
S&P 500 5.5%
$121.47M16.3%down
S&P 500 5.2%
$145.13M17.1%down
S&P 500 8.3%
$175.05M5.5%up
S&P 500 15.7%
-4.8%
S&P 500 6.2%
Operating Income
Median of 373 / 498
$20.74Mn/m
S&P 500 7.3%
negative: -$6.34Mn/m
S&P 500 7.4%
negative: -$20.07Mn/m
S&P 500 4.9%
negative: -$1.15M105.9%down
S&P 500 7.5%
$19.42Mn/m
S&P 500 23.5%
1.7%
S&P 500 7.2%
Net Income
negative: -$36.16Mn/m
S&P 500 4.8%
negative: -$59.91Mn/m
S&P 500 5.7%
negative: -$197.21Mn/m
S&P 500 1.9%
negative: -$22.86M174.0%down
S&P 500 1.3%
$30.89Mn/m
S&P 500 33.9%
n/m
S&P 500 4.1%
EPS (Diluted)
negative: -$0.48n/m
S&P 500 6.2%
negative: -$0.82n/m
S&P 500 7.9%
negative: -$2.38n/m
S&P 500 1.9%
negative: -$0.43265.4%down
S&P 500 1.5%
$0.26n/m
S&P 500 34.8%
n/m
S&P 500 5.6%

Balance Sheet

5 annual periods

Chip: YoY change.

Balance Sheet, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: S&P 500 median change. Line under a label: how many S&P 500 companies its median rests on.
Line itemFY2025FY2024FY2023FY2022FY20214Y CAGR
Total Assets
$662.94M8.8%down
S&P 500 5.6%
$726.99M6.3%down
S&P 500 3.4%
$775.70M17.6%down
S&P 500 4.1%
$941.69M3.1%up
S&P 500 2.2%
$913.26M52.4%up
S&P 500 6.7%
-7.7%
S&P 500 4.7%
Total Liabilities
Median of 357 / 498
$0.79B21.4%down
S&P 500 6.4%
$1.01B3.5%up
S&P 500 1.9%
$0.98B3.4%up
S&P 500 2.9%
$0.94B10.4%up
S&P 500 2.0%
$0.85B8.1%down
S&P 500 5.2%
-1.8%
S&P 500 4.4%
Stockholders' Equity
negative: -$131.54Mn/m
S&P 500 6.8%
negative: -$283.17Mn/m
S&P 500 5.4%
negative: -$200.35Mn/m
S&P 500 7.3%
negative: -$2.09M103.6%down
S&P 500 2.5%
$58.62Mn/m
S&P 500 9.0%
n/m
S&P 500 6.1%
Cash & Equivalents
$89.46M233.1%up
S&P 500 5.2%
$26.86M58.9%down
S&P 500 1.9%
$65.33M14.8%down
S&P 500 6.7%
$76.73M65.9%down
S&P 500 -8.6%
$224.87M292.2%up
S&P 500 -2.9%
-20.6%
S&P 500 2.0%
Total Debt
Median of 393 / 498
—
—
—
—
—
—
S&P 500 3.7%

Cash Flow Statement

5 annual periods

Chip: YoY change.

Cash Flow Statement, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: S&P 500 median change. Line under a label: how many S&P 500 companies its median rests on.
Line itemFY2025FY2024FY2023FY2022FY20214Y CAGR
Operating Cash Flow
negative: -$68.89Mn/m
S&P 500 6.3%
negative: -$118.73Mn/m
S&P 500 4.8%
negative: -$42.27Mn/m
S&P 500 9.9%
negative: -$30.64Mn/m
S&P 500 -0.7%
negative: -$111.20Mn/m
S&P 500 10.7%
n/m
S&P 500 7.0%
Capital Expenditures
$16.77M49.7%up
S&P 500 5.4%
$11.21M14.3%up
S&P 500 2.8%
$9.80M26.0%down
S&P 500 11.3%
$13.24M98.2%up
S&P 500 14.0%
$6.68M18.8%down
S&P 500 8.1%
25.9%
S&P 500 9.0%
Free Cash Flow
Median of 378 / 498
negative: -$85.66Mn/m
S&P 500 7.3%
negative: -$129.94Mn/m
S&P 500 6.1%
negative: -$52.07Mn/m
S&P 500 8.8%
negative: -$43.88Mn/m
S&P 500 -11.3%
negative: -$117.88Mn/m
S&P 500 10.2%
n/m
S&P 500 4.9%

n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.

S&P 500 median = median of the companies in the index on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-20. This compares reported figures, not share-price returns. Methodology

Ratios & valuation

FY2025

Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.

Valuation · Earnings yield

What a dollar of market value earned

n/m

Wall Street

on net earnings

FY2024 n/m

negative: −12.8%

Value investor

on free cash flow

FY2024 negative: −86.4%

How it’s calculated

Wall Street · on net earnings

Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)

pe_ratio (ratio table)

P/E n/m

Value investor · on free cash flow

(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)

free cash flow ÷ market cap

Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.

Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.

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Smart money

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Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.

Peers, filings & research

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Research Reports

No published research on BW yet.

Reports appear here as analysts publish research on this company — built with Valuein's agentic workflows on data pinned to its SEC filing. Be the first: run equity_research_brief on BW and publish the result to your public profile.

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Cite this page

Data as of Oct 23, 2026. Canonical address: https://valuein.biz/data/BW

APA-style text
Valuein. (2026, October 23). Babcock & Wilcox Enterprises, Inc. (BW) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/BW
BibTeX
@misc{valuein_bw_2026,
  author = {{Valuein}},
  title = {Babcock \& Wilcox Enterprises, Inc. (BW) financial statements, earnings power and smart-money summary},
  year = {2026},
  howpublished = {\url{https://valuein.biz/data/BW}},
  note = {Data as of 2026-10-23; source: SEC EDGAR filings}
}
Open 10-K in SEC Inline XBRL viewer

10-K filed Mar 16, 2026 · accession 0001630805-26-000018

Agents: every figure Valuein's tools return carries a fact_id that traces to its SEC filing.

point-in-time · survivorship-free · every number traceable to its SEC filing