# Babcock & Wilcox Enterprises, Inc. (BW)

> Source: Nexqual · https://nexqual.com/BW · data as of 2026-10-15 20:00 UTC · cite as "Nexqual, Babcock & Wilcox Enterprises, Inc. (BW), nexqual.com/BW" · informational, not investment advice.

**Price:** USD 4.96 (+2.27% on the day) · last close of Oct 15, 2026; US market closed, not a live price. Prev close 4.85 · day 4.52–5 · 52w 3.06–22.03 · market cap $739M · NYQ

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $822M, net income -$18.4M (-2.2% margin), free cash flow -$58.2M (SEC filings).
- 1 of 80 tracked superinvestors hold BW (13F, Q2 2026): 0 new, 0 added, 1 reduced, 0 unchanged.
- Analysts: Buy (mean 1.75 on a 1–5 scale) (4 analysts), mean target USD 22 (range 20–25).
- Total return with dividends: 1Y +37.4% vs S&P 500 +18.1%; 5Y -21.3% vs S&P 500 +85.1%.
- Next earnings: 2026-11-03, EPS estimate USD 0.03, revenue estimate $226M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $711M | $609M | $587M | $581M | $588M | $822M |
| Gross profit | $175M | $145M | $121M | $127M | $144M | — |
| Operating income | $19.4M | -$1.2M | -$20.1M | -$6.3M | $20.7M | $22.5M |
| Net income | $30.9M | -$22.9M | -$197M | -$59.9M | -$36.2M | -$18.4M |
| EPS (diluted) | $0.26 | -$0.43 | -$2.38 | -$0.82 | -$0.48 | — |
| Free cash flow | -$118M | -$43.9M | -$52.1M | -$130M | -$85.7M | -$58.2M |
| Gross margin | 24.6% | 23.8% | 20.7% | 21.8% | 24.5% | — |
| Operating margin | 2.7% | -0.2% | -3.4% | -1.1% | 3.5% | 2.7% |
| Net margin | 4.3% | -3.8% | -33.6% | -10.3% | -6.2% | -2.2% |
| Revenue growth | +25.5% | -14.3% | -3.6% | -1.1% | +1.1% | — |
| Cash + short-term investments | $225M | $76.7M | $65.3M | $26.9M | $96.0M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/S 0.9x · P/B 12.9x · FCF yield -7.87% · Earnings yield -2.48%

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold BW. Change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Polen Capital | Polen Capital Management | 0.03% | $3.5M | Reduced -8.1% |

## Analysts
Consensus Buy (mean 1.75 on a 1–5 scale), 4 analysts; mean target USD 22 (low 20, high 25).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-31 | Needham | Initiated | Buy | $20 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-16) | 5Y (from 2021-10-11) |
|---|---|---|
| Total return | +37.4% | -21.3% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | +37.5% | -4.7% |
| Volatility (annualized) | 114.8% | 111.7% |
| Max drawdown | -77.8% (May 2026→Oct 2026) | -97.0% (Nov 2021→Apr 2025) |

## Peers (Specialty Industrial Machinery)
GNRC (Generac Holdlings Inc.) USD 198.4 -7.42% · WTS (Watts Water Technologies, Inc.) USD 355.08 +1.14% · CR (Crane Company) USD 205.73 +0.97% · INIO (INNIO N.V.) USD 16.5 -9.89% · GGG (Graco Inc.) USD 81.78 +2.46% · IEX (IDEX Corporation) USD 236.42 -0.32%

## More
Full page: https://nexqual.com/BW · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt