BW
Babcock & Wilcox Enterprises, Inc. Industrials Heating Equipment, Except Electric & Warm Air Furnaces Russell 3000
$4.27Close
$557.0MMarket cap
$3.46 – $21.8552-week range
Nov 9, 2026Next report · after the close
Highlights
Cautions
- Not in an uptrend 1 of 8 trend conditions
- Lagging the market RS 4 · weaker than 96% of stocks over 12 months
- Far from its high 80% below its 52-week high
- Distribution down-day volume 1.6× up-day volume over 50 sessions
- Results soon Nov 9, 2026, in 8 days
- Financial distress Altman Z″ in the distress zone
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
80%
1wk
up 2.9%
price change
1mo
down 26.9%
price change
12-month return
up 23%
market up 11% ·
its own up 19%
F-score
3 / 9
Weak
Altman Z
-2.02
Elevated risk
P/E
—
price / earnings
PEG
—
P/E / EPS growth
P/B
—
price / book
Earnings yield
up 3.4%
EBIT / enterprise value
Cheaper than
27%
of the market · expensive
Revenue growth
up 1%
year on year
EPS growth
—
latest quarter
Sales growth
up 130%
latest quarter · +86 pts
ROE
—
return on equity
Free cash margin
down 15%
-$85.7M FCF
D/E
—
long-term debt / equity
Net debt / EBITDA
2.0×
Interest cover
4.6×EBIT / interest
Piotroski tests
- not yet profitable on its assets
- operating cash flow is negative
- profits not fully backed by cash
- took on more long-term debt
- short-term liquidity weakened
- issued more shares
- profitability improving
- gross margin widened
- assets working harder
Repair signals
- Gross margin 21.8% → 24.5%
- Revenue reaccelerating (-1% then +1%)
Trade setup
ATR%
8.7%
$0.37 a day · 2×ATR $3.52
RS
4 / 99
vs the universe
Trend
1 / 8
trend template
Relative volume
0.7×
vs 50-day average
Up/down volume
0.63
50 sessions
Implied move
—
no option chain · report Nov 9, 2026
Trend template · 1 of 8
- 150-day average above the 200-day: passes
Screen verdict
Did not qualify for any screen.
Warning signs
- Liabilities exceed assets Shareholders' equity is negative at -$131.5M as of Dec 31, 2025. What is left for shareholders after creditors is, on the balance sheet, less than nothing.
- Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
- Shareholders diluted The share count rose 37.1% over the year, from 95m to 130m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
Last reported
Aug 10, 2026
Results reaction
Aug 10, 2026-1% vs market2 sessions after results
Financials
- Gross 24%
- Net -6%
- Free cash -15%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $566.3M | $710.9M | $609.4M | $587.4M | $581.0M | $587.7M |
| Gross margin | 29% | 25% | 24% | 21% | 22% | 24% |
| Operating income | -$1.7M | $19.4M | -$1.2M | -$20.1M | -$6.3M | $20.7M |
| Net income | -$10.3M | $32.0M | -$14.2M | -$75.8M | -$72.9M | -$32.8M |
| Net margin | -2% | 5% | -2% | -13% | -13% | -6% |
| Earnings per share | -$0.21 | $0.38 | -$0.16 | -$0.85 | -$0.79 | -$0.31 |
| Free cash flow | -$49.0M | -$117.9M | -$43.9M | -$52.1M | -$129.9M | -$85.7M |
| Free cash margin | -9% | -17% | -7% | -9% | -22% | -15% |
| Cash | $57.3M | $224.9M | $76.7M | $65.3M | $26.9M | $89.5M |
| Long-term debt | $183.3M | $1.5M | $13.2M | $35.4M | $8.6M | $151.0M |
| Shareholders' equity | -$332.1M | $33.1M | -$2.6M | -$201.0M | -$283.8M | -$131.5M |
| Shares outstanding | 54.45m | 86.29m | 88.70m | 89.45m | 95.14m | 130.45m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 10, 2026 | Quarterly ↗ | Jun 30, 2026 | 41d |
| May 11, 2026 | Quarterly ↗ | Mar 31, 2026 | 41d |
| Mar 16, 2026 | Annual ↗ | Dec 31, 2025 | 75d |
| Nov 10, 2025 | Quarterly ↗ | Sep 30, 2025 | 41d |
| Aug 11, 2025 | Quarterly ↗ | Jun 30, 2025 | 42d |
| May 12, 2025 | Quarterly ↗ | Mar 31, 2025 | 42d |
| Mar 31, 2025 | Annual ↗ | Dec 31, 2024 | 90d |
| Nov 12, 2024 | Quarterly ↗ | Sep 30, 2024 | 43d |
| Aug 8, 2024 | Quarterly ↗ | Jun 30, 2024 | 39d |
| May 9, 2024 | Quarterly ↗ | Mar 31, 2024 | 39d |
| Mar 15, 2024 | Annual ↗ | Dec 31, 2023 | 75d |
| Nov 9, 2023 | Quarterly ↗ | Sep 30, 2023 | 40d |
Current reports
| Filed | Disclosed |
|---|---|
| Sep 8, 2026 | Other events ↗ |
| Aug 10, 2026 | Results · Regulation FD ↗ |
| Jul 13, 2026 | Regulation FD · Other events ↗ |
| Jun 8, 2026 | Other events ↗ |
| May 22, 2026 | Director or officer change · Shareholder vote ↗ |
| May 18, 2026 | Material agreement · Regulation FD ↗ |
| May 14, 2026 | Regulation FD ↗ |
| May 11, 2026 | Regulation FD ↗ |
| May 11, 2026 | Results ↗ |
| Mar 16, 2026 | Regulation FD ↗ |
| Mar 11, 2026 | Other events ↗ |
| Mar 4, 2026 | Material agreement · Results · Regulation FD · Other events ↗ |