Babcock & Wilcox Enterprises, Inc.
Babcock & Wilcox Enterprises, Inc.
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash And Cash Equivalents At Carrying Value | - | - | - | - | - | - | - | - | - | - | - | 48 | |||||
Senior Notes Due Excluding2030 Notes | - | - | 84 | -10 | 109 | - | 0 | - | - | - | - | - | |||||
Senior Notes8.75 Due2030 | - | - | 151 | 20 | 125 | - | 0 | - | - | - | - | - | |||||
Restricted Cash And Cash Equivalents At Carrying V… | - | - | - | - | - | - | 94 | 63 | 75 | 17 | 4 | 7 | |||||
Restricted Cash Current | 39 | 54 | 85 | 166 | 77 | 85 | 94 | 63 | 75 | 17 | - | - | |||||
Other Receivables | - | - | - | - | - | - | - | 27 | 26 | 30 | 36 | 44 | |||||
Accounts Receivable Net Current | 171 | 126 | 118 | 102 | 97 | 105 | 92 | 90 | 98 | 124 | 101 | 154 | |||||
Contract With Customer Asset Net Current | 91 | 91 | 73 | 71 | 71 | 64 | 79 | 101 | 89 | 107 | 50 | 123 | |||||
Inventory Net | 61 | 61 | 61 | 65 | 66 | 111 | 58 | 117 | 110 | 112 | 98 | 114 | |||||
Capitalized Contract Cost Net Current | 12 | 11 | - | - | - | - | - | - | - | - | - | - | |||||
Other Assets Current | 43 | 42 | 44 | 27 | 24 | 29 | 24 | 22 | 25 | 23 | 42 | 23 | |||||
Assets Of Disposal Group Including Discontinued Op… | - | - | 0 | 26 | 169 | 42 | 183 | 27 | 29 | 24 | 162 | 30 | |||||
Assets Current | 725 | 491 | 471 | 480 | 527 | 483 | 553 | 530 | 575 | 482 | 498 | 542 | |||||
Property Plant And Equipment And Finance Lease Rig… | - | 71 | 66 | 67 | 64 | 71 | 61 | 74 | 78 | 79 | 69 | 84 | |||||
Goodwill | 52 | 53 | 53 | 53 | 53 | 82 | 51 | 85 | 84 | 101 | 85 | 100 | |||||
Intangible Assets Net Excluding Goodwill | - | 14 | 15 | 17 | 18 | 15 | 18 | 24 | 31 | 43 | 24 | 46 | |||||
Operating Lease Right Of Use Asset | 17 | 17 | 18 | 18 | 16 | 32 | 17 | 30 | 28 | 29 | 26 | 28 | |||||
Restricted Cash And Cash Equivalents Noncurrent | 35 | 34 | 27 | 10 | 10 | 10 | 10 | 34 | 31 | 42 | 0 | 10 | |||||
Disposal Group Including Discontinued Operation As… | - | - | - | - | - | - | 0 | - | - | - | 51 | 0 | |||||
Deferred Income Tax Assets Net | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 6 | 2 | 2 | 2 | 5 | |||||
Capitalized Contract Cost Net Noncurrent | 57 | 61 | - | - | - | - | - | - | - | - | - | - | |||||
Other Assets Noncurrent | 25 | 16 | 13 | 14 | 15 | 23 | 16 | 22 | 21 | 19 | 21 | 22 | |||||
Assets | 1,000 | 758 | 663 | 658 | 703 | 720 | 727 | 805 | 849 | 796 | 776 | 837 | |||||
Accounts Payable Current | 170 | 109 | 69 | 76 | 97 | 119 | 88 | 122 | 147 | 130 | 83 | 144 | |||||
Employee Related Liabilities Current | 10 | 11 | 5 | 6 | 5 | 5 | 4 | 12 | 12 | 11 | 4 | 12 | |||||
Contract With Customer Liability Current | 82 | 106 | 112 | 79 | 56 | 51 | 56 | 59 | 63 | 75 | 59 | 95 | |||||
Product Warranty Accrual Classified Current | 4 | 3 | 4 | 3 | 3 | 3 | 3 | 7 | 7 | 7 | 4 | 9 | |||||
Liabilities Current | |||||||||||||||||
Finance Lease Liability Current | - | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | |||||
Operating Lease Liability Current | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 3 | 4 | |||||
Warrants And Rights Outstanding | 137 | 143 | - | - | - | - | - | - | - | - | - | - | |||||
Accrued Liabilities Current | 31 | 47 | 40 | 29 | 35 | 41 | 28 | 53 | 54 | 65 | 51 | 72 | |||||
Senior Notes Current | 61 | 69 | - | - | - | 108 | - | - | - | - | - | - | |||||
Loans Payable Current | 0 | 1 | 67 | 70 | 127 | 124 | 125 | 3 | 3 | 4 | 6 | 5 | |||||
Liabilities Of Disposal Group Including Discontinu… | - | - | 0 | 34 | 91 | 52 | 98 | 37 | 43 | 35 | 138 | 51 | |||||
Liabilities Current | 500 | 495 | 387 | 401 | 529 | 511 | 407 | 298 | 334 | 333 | 350 | 394 | |||||
Senior Notes | - | - | - | - | - | 233 | 340 | 340 | 339 | 338 | 338 | 337 | |||||
Long Term Loans Payable | 67 | 57 | 19 | 13 | 9 | 9 | 9 | 133 | 134 | 99 | 35 | 35 | |||||
Senior Long Term Notes | - | 149 | - | - | - | - | - | - | - | - | - | - | |||||
Other Postretirement Defined Benefit Plan Liabilit… | 168 | 169 | 176 | 179 | 186 | 190 | 193 | 164 | 168 | 172 | 173 | 135 | |||||
Finance Lease Liability Noncurrent | - | 26 | 27 | 27 | 28 | 28 | 29 | 26 | 25 | 26 | 26 | 27 | |||||
Liabilities Of Disposal Group Including Discontinu… | - | - | - | - | - | - | 0 | - | - | - | 5 | 0 | |||||
Operating Lease Liability Noncurrent | 14 | 14 | 15 | 15 | 13 | 30 | 14 | 27 | 25 | 26 | 24 | 25 | |||||
Deferred Income Tax Liabilities Net | 10 | 11 | 11 | 11 | 11 | 12 | 10 | 11 | 11 | 13 | 10 | 9 | |||||
Other Liabilities Noncurrent | 9 | 9 | 9 | 10 | 9 | 11 | 10 | 10 | 11 | 11 | 14 | 18 | |||||
Liabilities | 942 | 930 | 794 | 890 | 1,012 | 1,022 | 1,010 | 1,008 | 1,047 | 1,018 | 976 | 979 | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | |||||
Additional Paid In Capital Common Stock | 1,965 | 1,738 | 1,691 | 1,593 | 1,566 | 1,565 | 1,559 | 1,552 | 1,551 | 1,548 | 1,546 | 1,545 | |||||
Treasury Stock Common Value | -129 | -122 | -116 | -116 | -116 | -116 | -116 | -115 | -115 | -115 | -115 | -115 | |||||
Retained Earnings Accumulated Deficit | -1,767 | -1,777 | -1,697 | -1,702 | -1,734 | -1,671 | -1,646 | -1,579 | -1,570 | -1,591 | -1,571 | -1,504 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -18 | -17 | -16 | -13 | -31 | -86 | -87 | -67 | -70 | -69 | -66 | -73 | |||||
Stockholders Equity | 57 | -172 | -132 | -232 | -309 | -303 | -284 | -203 | -198 | -223 | -200 | -142 | |||||
Minority Interest | - | - | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Liabilities And Stockholders Equity | 1,000 | 758 | 663 | 658 | 703 | 720 | 727 | 805 | 849 | 796 | 776 | 837 | |||||
Allowance For Doubtful Accounts Receivable Current | 2 | 3 | 2 | 1 | 1 | 2 | 1 | - | - | 2 | - | - | |||||
Preferred Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Preferred Stock Shares Authorized | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | |||||
Preferred Stock Shares Issued | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | |||||
Preferred Stock Shares Outstanding | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | |||||
Common Stock Shares Issued | 149 | 136 | 130 | - | - | 98 | 95 | - | - | 89 | 89 | 89 | |||||
Shares Outstanding | 149 | 136 | 130 | 111 | 99 | 98 | 95 | 92 | 92 | 89 | 89 | 89 | |||||
Treasury Stock Common Shares | 4 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -13.48% | -37.92% | -50.71% | - | - | - | - | - | - | - | - | - |
| 2025 | 94.44% | 58.95% | 43.98% | 67.72% | 125.20% | 184.25% | -17.68% | -7.97% | 39.71% | 48.55% | 23.85% | 39.35% |
| 2024 | -4.10% | 18.85% | 33.61% | 6.31% | 71.17% | 111.71% | -23.72% | -29.64% | -46.25% | -41.82% | -3.27% | 44.64% |
| 2023 | - | - | - | - | - | - | -27.71% | -36.80% | -40.26% | 14.14% | 9.09% | 18.18% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.45 | 0.99 | 1.22 | 1.20 | 1.00 | 0.94 | 1.36 | 1.78 | 1.72 | 1.45 | 1.42 | 1.38 | |||||
| Quick Ratio | 1.33 | 0.87 | 1.06 | 1.04 | 0.87 | 0.73 | 1.22 | 1.39 | 1.39 | 1.11 | 1.14 | 1.09 | |||||
| Working Capital | 225.14M | -3.25M | 83.98M | 78.75M | -2.39M | -28.34M | 146.81M | 232.30M | 240.67M | 149.30M | 147.37M | 148.76M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 16.42 | -5.40 | -6.04 | -3.83 | -3.28 | -3.38 | -3.57 | -4.96 | -5.28 | -4.56 | -4.87 | -6.91 | |||||
| Interest Coverage TTM | 1.03 | 0.68 | 0.55 | 0.06 | -0.06 | -0.31 | -0.13 | 0.00 | 0.08 | 0.42 | 0.33 | 0.71 | |||||
| Debt Ratio | 0.94 | 1.23 | 1.20 | 1.35 | 1.44 | 1.42 | 1.39 | 1.25 | 1.23 | 1.28 | 1.26 | 1.17 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.98 | 0.88 | 0.85 | 0.75 | 0.71 | 0.75 | 0.77 | 0.52 | 0.56 | 0.74 | 0.85 | 1.14 | |||||
| Days Sales Outstanding TTM | 58.54 | 64.66 | 65.26 | 63.70 | 64.19 | 74.11 | 60.68 | 105.22 | 97.94 | 83.67 | 65.18 | 55.79 | |||||
| Receivables Turnover TTM | 6.24 | 5.64 | 5.59 | 5.73 | 5.69 | 4.93 | 6.02 | 3.47 | 3.73 | 4.36 | 5.60 | 6.54 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.12 | -0.68 | -0.34 | -1.13 | -1.58 | -0.70 | -0.65 | -0.73 | -2.00 | -2.42 | -2.38 | -1.49 | |||||
| Free Cash Flow Per Share TTM | -0.59 | -0.46 | -0.81 | -0.91 | -1.29 | -1.27 | -1.42 | -1.07 | -0.66 | -0.63 | -0.60 | -0.32 | |||||
| Dividend Per Share TTM | 0.13 | 0.17 | 0.21 | 0.18 | 0.19 | 0.19 | 0.20 | 0.20 | 0.12 | 0.12 | 0.13 | 0.13 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 19.74% | 24.41% | 24.48% | 22.79% | 22.45% | 20.47% | 21.81% | 27.43% | 26.15% | 25.14% | 24.30% | 22.30% | |||||
| Operating Profit Margin TTM | 3.08% | 3.20% | 3.53% | 0.45% | -0.44% | -2.46% | -1.09% | 0.05% | 0.82% | 3.24% | 2.28% | 3.55% | |||||
| Net Profit Margin TTM | -2.20% | -13.94% | -6.15% | -21.12% | -28.30% | -12.18% | -10.31% | -15.81% | -35.71% | -33.27% | -29.16% | -13.47% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 50.93% | 15.59% | 1.14% | 29.69% | 8.34% | -13.07% | -20.11% | -56.94% | -46.61% | -26.53% | -14.22% | 18.62% | |||||
| Net Income Growth (1Y) | -88.27% | 32.32% | -39.65% | 73.26% | -14.16% | -68.18% | -71.75% | -49.45% | 446.93% | 602.65% | 697.72% | 1,952.27% | |||||
| EPS Growth (1Y) | -91.86% | -3.12% | -47.49% | 55.11% | -20.83% | -70.93% | -72.58% | -51.16% | 433.32% | 596.79% | 690.95% | 1,933.76% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -109.37 | -21.57 | -18.48 | -2.58 | -0.61 | -0.96 | -2.51 | -2.81 | -0.72 | -0.47 | -0.61 | -2.83 | |||||
| P/B TTM | 34.98 | -11.42 | -5.08 | -1.29 | -0.31 | -0.22 | -0.53 | -0.93 | -0.67 | -0.45 | -0.65 | -2.65 | |||||
| P/S TTM | 2.41 | 3.01 | 1.14 | 0.54 | 0.17 | 0.12 | 0.26 | 0.44 | 0.26 | 0.16 | 0.18 | 0.38 | |||||
| Market Cap | 2.01B | 1.96B | 668.37M | 298.84M | 94.97M | 65.81M | 150.42M | 188.19M | 132.02M | 101.11M | 129.96M | 375.22M | |||||
| Enterprise Value | 1.70B | 1.80B | 563.02M | 372.94M | 140.77M | 333.64M | 514.86M | 430.15M | 299.33M | 368.76M | 436.24M | 680.50M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -84.44M | -62.19M | -85.66M | -93.62M | -127.61M | -124.41M | -129.94M | -98.89M | -60.43M | -56.81M | -53.56M | -28.57M | |||||
| Net Debt | -308.48M | -165.82M | -105.35M | 74.11M | 45.81M | 267.83M | 364.45M | 241.96M | 167.31M | 267.65M | 306.28M | 305.28M | |||||
Per-Share and Margin | |||||||||||||||||
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| Adjusted EPS TTM | |||||||||||||||||
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| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
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| Average Inventory | |||||||||||||||||
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| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
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| Total Assets Growth (5Y) | |||||||||||||||||
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| EPS Growth (3Y) | |||||||||||||||||
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| Net Income Growth (3Y) | |||||||||||||||||
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| Net Profit Margin Growth (1Y) | |||||||||||||||||
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| Net Profit Margin Growth (5Y) | |||||||||||||||||
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| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
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| NOPAT TTM | |||||||||||||||||
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| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
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| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
Babcock & Wilcox Enterprises, Inc. (BW) — SEC Financial Statements & Analysis
Babcock & Wilcox Enterprises, Inc. (BW) is a heating equipment, except electric & warm air furnaces company, incorporated in DE. Babcock & Wilcox Enterprises, Inc. trades on NYSE as: BW, BWNB, BW-PA. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), Babcock & Wilcox Enterprises, Inc. reported a 50.93% year-over-year revenue growth, a Gross Profit Margin of 19.74% (TTM), a Debt-to-Equity ratio of 16.42x, a Price-to-Sales (P/S) ratio of 2.41x (TTM), a Price-to-Book (P/B) ratio of 34.98x (TTM), at a market cap of $2.01B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 50.93%
- Gross Profit Margin TTM
- 19.74%
- Debt To Equity
- 16.42x
- P/S TTM
- 2.41x
- P/B TTM
- 34.98x
- Market Cap
- $2.01B
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Babcock & Wilcox Enterprises, Inc. in?
Babcock & Wilcox Enterprises, Inc. (BW) operates in the Heating Equipment, Except Electric & Warm Air Furnaces industry.
What is BW's market cap?
Babcock & Wilcox Enterprises, Inc. (BW) has a market capitalization of $2.01B as of 2026-06-30.
What exchange does BW trade on?
Babcock & Wilcox Enterprises, Inc. (BW) trades on the NYSE.
Where is Babcock & Wilcox Enterprises, Inc. incorporated?
Babcock & Wilcox Enterprises, Inc. is incorporated in DE.