Babcock & Wilcox Enterprises, Inc. (BW) Stock Analysis
Industrials · Specialty Industrial Machinery · NYSE
Babcock & Wilcox Enterprises, Inc. (BW) posted $587.68M in revenue for fiscal 2025 (up 1.1% year over year), with a net loss of $36.16M, and has compounded revenue about 0.7%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Babcock & Wilcox Enterprises, Inc.
Babcock & Wilcox Enterprises, Inc. has grown revenue from $1.42B to $587.68M over the last 10 fiscal years, compounding about 0.7% a year. The most recent year was up 1.1%, roughly in line with its longer-run pace.
Net margin sits at -6.2%, up 4.1 points year over year on a 24.5% gross margin. It carries about $321.08M of total debt.
The one thing worth a second look in the filings is share count rising (dilution).
Synthesised from Babcock & Wilcox Enterprises, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Babcock & Wilcox Enterprises, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.42B | $1.34B | $1.06B | $859.11M | $566.32M | $710.87M | $609.44M | $587.45M | $581.04M | $587.68M |
| Gross profit | $138.27M | $24.22M | $-129.64M | $160.26M | $165.85M | $175.05M | $145.13M | $121.47M | $126.71M | $143.85M |
| Net income | $-115.65M | $-379.82M | $-725.29M | $-121.97M | $-10.32M | $30.89M | $-22.86M | $-197.21M | $-59.91M | $-36.16M |
| Net margin | -8.1% | -28.3% | -68.3% | -14.2% | -1.8% | 4.3% | -3.8% | -33.6% | -10.3% | -6.2% |
Source: Babcock & Wilcox Enterprises, Inc. SEC filings (10-K). 13 years of history available in the interactive view.
Babcock & Wilcox Enterprises, Inc.: 3 potential red flags in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Share count rising (dilution)Shares outstanding grew 51.2% over 4 years (86.3M → 130.4M) — existing holders' stakes are being diluted.
- Debt with negative operating cash flowCarries $472.3M of debt while last year's operating cash flow was negative ($-68.9M).
- Currently unprofitableThe latest fiscal year was a net loss (net margin -6.2%).
Explore 13 years of Babcock & Wilcox Enterprises, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
Open the interactive view — freeBabcock & Wilcox Enterprises, Inc. financial history by metric
Compare Babcock & Wilcox Enterprises, Inc. with peers
About Babcock & Wilcox Enterprises, Inc.
Babcock & Wilcox Enterprises, Inc., together with its subsidiaries, provides energy and emissions control solutions to industrial, electrical utility, municipal, and other customers in the United States, Canada, the United Kingdom, Indonesia, and the Philippines. The company offers BrightLoop chemical looping technology, which produces steam, hydrogen, or syngas for applications in the energy, industrial, and agricultural sectors. It also provides steam generation equipment, including aftermarket parts, construction, maintenance, and field services; steam generation systems, such as package boilers, watertube and firetube waste heat boilers, and other boilers to medium and heavy industrial customers. The company was founded in 1867 and is headquartered in Akron, Ohio.
Babcock & Wilcox Enterprises, Inc. — frequently asked questions
What is Babcock & Wilcox Enterprises, Inc.'s revenue?
Babcock & Wilcox Enterprises, Inc. (BW) reported revenue of $587.68M for fiscal year 2025, up 1.1% from the prior year, according to its SEC filings.
Is Babcock & Wilcox Enterprises, Inc. profitable?
No — BW reported a net loss of $-36.16M in fiscal 2025.
What is BW's P/E ratio?
Babcock & Wilcox Enterprises, Inc. trades at a price-to-earnings ratio of about 0.0 based on the latest data in our nightly-refreshed cache.
How fast is Babcock & Wilcox Enterprises, Inc. growing?
BW's revenue grew at roughly 0.7% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Babcock & Wilcox Enterprises, Inc. have?
As of fiscal year 2025, BW carried roughly $321.08M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Babcock & Wilcox Enterprises, Inc.'s gross margin?
BW's gross margin was 24.5% in fiscal 2025 — gross profit of $143.85M on revenue of $587.68M.
What is Babcock & Wilcox Enterprises, Inc.'s market cap?
Babcock & Wilcox Enterprises, Inc. (BW) has a market capitalization of about $2.28B, based on the latest data in our nightly-refreshed cache.
When does Babcock & Wilcox Enterprises, Inc.'s fiscal year end?
BW's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
Where does this data come from?
All figures are computed from Babcock & Wilcox Enterprises, Inc.'s official SEC filings (10-K and 10-Q), covering 13 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.