Babcock & Wilcox Enterprises, Inc. (BW) Financial Ratios
13 years of historical data (2013–2025) · Industrials · Industrial - Machinery
EV/EBITDA
↑
68.60
↑+186% vs avg
5yr avg: 24.03
30Y Low13.9·High36.9
P/FCF
N/A
—
5yr avg: N/A
30Y Low20.5·High20.5
P/B Ratio
N/A
—
5yr avg: 12.86
30Y Low2.8·High12.9
ROE
↓
N/A
—
5yr avg: -14.1%
30Y Low-101%·High53%
Debt/EBITDA
↑
11.16
↓-13% vs avg
5yr avg: 12.84
30Y Low0.0·High25.8
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
BW Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Babcock & Wilcox Enterprises, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.0B | $668M | $150M | $130M | $509M | $754M | $171M | $115M | $54M | $535M | $1.7B |
| Enterprise Value | $2.3B | $947M | $665M | $524M | $844M | $932M | $503M | $397M | $187M | $742M | $1.6B |
| P/E Ratio → | -36.21 | — | — | — | — | 34.69 | — | — | — | — | — |
| P/S Ratio | 3.38 | 1.14 | 0.21 | 0.18 | 0.84 | 1.06 | 0.30 | 0.13 | 0.05 | 0.34 | 1.06 |
| P/B Ratio | — | — | — | — | — | 12.86 | — | — | — | 2.80 | 2.97 |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — | — | — | 725.34 |
P/E links to full P/E history page with 30-year chart
BW EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Babcock & Wilcox Enterprises, Inc.'s enterprise value stands at 68.6x EBITDA, 186% above its 5-year average of 24.0x. The Industrials sector median is 13.9x, placing the stock at a 395% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.61 | 0.93 | 0.72 | 1.38 | 1.31 | 0.89 | 0.46 | 0.18 | 0.48 | 1.01 |
| EV / EBITDA | 68.60 | 28.67 | 15.91 | 13.94 | 36.94 | 24.68 | 33.37 | — | — | — | — |
| EV / EBIT | 98.95 | 59.07 | — | — | 24.32 | 15.32 | 12.76 | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — | — | — |
BW Profitability
Margins and return-on-capital ratios measuring operating efficiency
Babcock & Wilcox Enterprises, Inc. earns an operating margin of 3.9%, roughly in line with the Industrials sector average. Operating margins have expanded from 2.3% to 3.9% over the past 3 years, signaling improving operational efficiency. ROIC of 9.1% represents adequate returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 24.5% | 24.5% | 24.7% | 24.3% | 23.8% | 24.6% | 29.3% | 18.7% | -12.2% | 6.4% | 11.4% |
| Operating Margin | 3.9% | 3.9% | 3.5% | 2.3% | -0.2% | 2.7% | -0.3% | -3.4% | -40.2% | -18.1% | -6.5% |
| Net Profit Margin | -6.2% | -6.2% | -8.4% | -27.1% | -3.8% | 4.3% | -1.8% | -14.2% | -68.3% | -24.4% | -7.3% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | -80.9% | 52.7% | — | — | — | -101.1% | -17.7% |
| ROA | -5.2% | -5.2% | -8.0% | -23.0% | -2.5% | 4.1% | -1.7% | -17.8% | -70.2% | -26.6% | -7.2% |
| ROIC | 9.1% | 9.1% | 8.8% | 4.7% | -0.3% | 12.3% | -142.1% | — | -252.6% | -48.2% | -17.8% |
| ROCE | 7.5% | 7.5% | 6.6% | 3.3% | -0.2% | 3.9% | -1.0% | -102.1% | -139.5% | -37.8% | -10.2% |
BW Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Babcock & Wilcox Enterprises, Inc. carries a Debt/EBITDA ratio of 11.2x, which is highly leveraged (245% above the sector average of 3.2x). Net debt stands at $279M ($369M total debt minus $90M cash). Interest coverage of just 0.4x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | 6.87 | — | — | — | 1.38 | 0.03 |
| Debt / EBITDA | 11.16 | 11.16 | 12.87 | 11.55 | 17.96 | 10.67 | 25.83 | — | — | — | — |
| Net Debt / Equity | — | — | — | — | — | 3.03 | — | — | — | 1.09 | -0.15 |
| Net Debt / EBITDA | 8.45 | 8.45 | 12.31 | 10.49 | 14.63 | 4.71 | 22.03 | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | 0.39 | 0.39 | -0.32 | -0.55 | 0.87 | 1.81 | 0.66 | -0.84 | -10.20 | -11.49 | -30.87 |
BW Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.22x means Babcock & Wilcox Enterprises, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.42x to 1.22x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.22 | 1.22 | 1.26 | 1.42 | 1.50 | 2.30 | 1.46 | 0.68 | 0.77 | 0.98 | 1.26 |
| Quick Ratio | 1.06 | 1.06 | 0.98 | 1.14 | 1.22 | 1.98 | 1.19 | 0.58 | 0.69 | 0.87 | 1.12 |
| Cash Ratio | 0.23 | 0.23 | 0.06 | 0.11 | 0.21 | 0.89 | 0.21 | 0.07 | 0.06 | 0.08 | 0.16 |
| Asset Turnover | — | 0.89 | 0.99 | 0.94 | 0.65 | 0.78 | 0.95 | 1.37 | 1.43 | 1.18 | 1.03 |
| Inventory Turnover | 7.29 | 7.29 | 4.96 | 5.64 | 4.52 | 6.74 | 5.38 | 11.07 | 19.44 | 17.74 | 16.31 |
| Days Sales Outstanding | — | 118.75 | 99.26 | 76.14 | 188.68 | 126.72 | 143.77 | 109.21 | 117.48 | 92.35 | 105.70 |
BW Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Babcock & Wilcox Enterprises, Inc. returns 0.8% to shareholders annually — split between a 0.8% dividend yield and 0.0% buyback yield.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.8% | 2.2% | 12.3% | 8.6% | 2.9% | 1.2% | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | 2.9% | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.1% | 0.2% | 1.1% | 0.6% | 0.7% | 0.2% | 0.1% | 1.5% | 3.3% | 4.7% |
| Total Shareholder Yield | 0.8% | 2.3% | 12.6% | 9.7% | 3.5% | 1.9% | 0.2% | 0.1% | 1.5% | 3.3% | 4.7% |
| Shares Outstanding | — | $105M | $92M | $89M | $88M | $84M | $49M | $32M | $14M | $9M | $10M |
Peer Comparison
Compare BW with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 BWYou | $2B | -36.2 | 68.6 | — | 24.5% | 3.9% | — | 9.1% | 11.2 |
 AMSC | $2B | 14.2 | 76.2 | 113.4 | 29.8% | 5.6% | 35.6% | 4.7% | 0.2 |
 CECO | $4B | 71.8 | 46.0 | — | 32.7% | 6.7% | 17.4% | 10.0% | 0.3 |
 PESI | $204M | -14.7 | — | — | 9.6% | -19.0% | -24.5% | -21.7% | — |
 GE | $374B | 43.8 | 38.2 | 51.4 | 36.8% | 19.1% | 45.3% | 24.7% | 2.1 |
 SWK | $13B | 32.7 | 12.4 | 19.6 | 29.9% | 7.6% | 4.5% | 5.8% | 3.8 |
 BWXT | $19B | 57.2 | 47.0 | 63.7 | 22.9% | 10.1% | 28.5% | 10.1% | 4.7 |
 CW | $28B | 60.0 | 46.1 | 51.5 | 37.2% | 18.2% | 19.4% | 14.1% | 2.1 |
 HUBB | $28B | 31.7 | 22.0 | 31.8 | 35.5% | 20.8% | 24.8% | 17.1% | 1.9 |
 ERII | $486M | 22.4 | 15.8 | 27.8 | 65.2% | 18.2% | 11.0% | 10.3% | 0.3 |
 CLNE | $410M | -1.8 | 74.1 | 6.8 | 4.2% | -22.0% | -34.6% | -9.4% | 20.9 |
| Industrials Median | — | 25.5 | 13.9 | 20.1 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 13 years · Updated daily
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BW — Frequently Asked Questions
Quick answers to the most common questions about buying BW stock.
What is Babcock & Wilcox Enterprises, Inc.'s P/E ratio?
Babcock & Wilcox Enterprises, Inc.'s current P/E ratio is -36.2x. The historical average is 76.0x.
What is Babcock & Wilcox Enterprises, Inc.'s EV/EBITDA?
Babcock & Wilcox Enterprises, Inc.'s current EV/EBITDA is 68.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 26.7x.
Is BW stock overvalued?
Based on historical data, Babcock & Wilcox Enterprises, Inc. is trading at a P/E of -36.2x. Compare with industry peers and growth rates for a complete picture.
What is Babcock & Wilcox Enterprises, Inc.'s dividend yield?
Babcock & Wilcox Enterprises, Inc.'s current dividend yield is 0.81%.
What are Babcock & Wilcox Enterprises, Inc.'s profit margins?
Babcock & Wilcox Enterprises, Inc. has 24.5% gross margin and 3.9% operating margin.
How much debt does Babcock & Wilcox Enterprises, Inc. have?
Babcock & Wilcox Enterprises, Inc.'s Debt/EBITDA ratio is 11.2x, indicating high leverage. A ratio above 4x may signal elevated financial risk.