BW
Babcock & Wilcox Enterprises Inc
NYSE: BW · INDUSTRIALS · SPECIALTY INDUSTRIAL MACHINERY
$15.67
+6.02% today
Updated 2026-04-30
Market cap
$1.97B
P/E ratio
—
P/S ratio
3.35x
EPS (TTM)
$-0.45
Dividend yield
—
52W range
$0 – $19
Volume
4.3M
Babcock & Wilcox Enterprises Inc (BW) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.04B | $1.77B | $1.59B | $1.76B | $1.58B | $1.56B | $1.06B | $859.11M | $566.32M | $710.87M | $609.44M | $727.32M | $717.33M | $587.70M |
| Revenue growth (YoY) | — | -13.3% | -10.1% | +10.5% | -10.2% | -1.3% | -31.8% | -19.1% | -34.1% | +25.5% | -14.3% | +19.3% | -1.4% | -18.1% |
| Cost of revenue | $1.57B | $1.33B | $1.36B | $1.45B | $1.40B | $1.46B | $1.19B | $698.85M | $400.46M | $535.83M | $464.30M | $550.61M | $540.31M | $443.80M |
| Gross profit | $465.71M | $436.48M | $225.36M | $308.16M | $179.20M | $99.88M | $-129.64M | $160.26M | $165.85M | $175.05M | $145.13M | $176.70M | $177.03M | $143.90M |
| Gross margin | 22.8% | 24.7% | 14.2% | 17.5% | 11.4% | 6.4% | -12.2% | 18.7% | 29.3% | 24.6% | 23.8% | 24.3% | 24.7% | 24.5% |
| R&D | $26.02M | $21.04M | $18.75M | $16.54M | $10.40M | $9.41M | $3.78M | $2.86M | $4.38M | $1.59M | $2.56M | $7.20M | $5.79M | $1.50M |
| SG&A | $247.93M | $204.07M | $241.70M | $239.97M | $247.10M | $259.80M | $223.33M | $179.01M | $154.62M | $164.85M | $152.70M | $150.15M | $141.48M | $119.48M |
| Operating income | $205.89M | $210.23M | $-57.52M | $21.86M | $-102.80M | $-281.56M | $-426.60M | $-29.38M | $-1.74M | $19.42M | $-1.15M | $16.61M | $25.08M | $22.90M |
| Operating margin | 10.1% | 11.9% | -3.6% | 1.2% | -6.5% | -18.1% | -40.2% | -3.4% | -0.3% | 2.7% | -0.2% | 2.3% | 3.5% | 3.9% |
| EBITDA | $229.64M | $234.40M | $12.38M | $86.58M | $-64.76M | $-281.56M | $-477.67M | $-56.45M | $56.21M | $79.15M | $58.67M | $-2.41M | $2.06M | $33.00M |
| EBITDA margin | 11.3% | 13.3% | 0.8% | 4.9% | -4.1% | -18.1% | -45.0% | -6.6% | 9.9% | 11.1% | 9.6% | -0.3% | 0.3% | 5.6% |
| EBIT | $205.78M | $211.37M | $-24.08M | $51.65M | $-104.34M | $-312.01M | $-506.19M | $-80.06M | $39.41M | $60.81M | $34.68M | $-23.41M | $-14.64M | $22.90M |
| Interest expense | $567000.00 | $462000.00 | $492000.00 | $1.06M | $3.80M | $25.93M | $49.61M | $94.90M | $59.80M | $33.53M | $39.80M | $42.57M | $46.15M | $37.50M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $140.75M | $174.53M | $-26.53M | $19.14M | $-115.60M | $-379.82M | $-725.29M | $-121.97M | $-10.32M | $30.89M | $-22.86M | $-197.21M | $-59.91M | $-36.10M |
| Net income growth (YoY) | — | +24.0% | -115.2% | +172.2% | -703.9% | -228.6% | -91.0% | +83.2% | +91.5% | +399.4% | -174.0% | -762.6% | +69.6% | +39.7% |
| Profit margin | 6.9% | 9.9% | -1.7% | 1.1% | -7.3% | -24.4% | -68.3% | -14.2% | -1.8% | 4.3% | -3.8% | -27.1% | -8.4% | -6.1% |