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Babcock & Wilcox Enterprises, I (BWNB) 10-Year Financial Performance & Capital Metrics

BWNB • • Industrial / General
TechnologyConsumer ElectronicsDisplay & Component ManufacturingControl Systems & Components
AboutBabcock & Wilcox Enterprises, Inc., together with its subsidiaries, provides energy and emissions control solutions to a range of industrial, electrical utility, municipal, and other customers worldwide. The company operates through three segments: Babcock & Wilcox Renewable; Babcock & Wilcox Environmental; and Babcock & Wilcox Thermal. The Babcock & Wilcox Renewable segment offers technologies for waste-to-energy, solar construction and installation, and biomass energy systems, as well as black liquor systems for the pulp and paper industry. This segment provides technologies support solutions for diverting waste from landfills to use for power generation and replacing fossil fuels while recovering metals and reducing emissions. The Babcock & Wilcox Environmental segment offers a range of emissions control and environmental technology solutions for utility, waste to energy, biomass, carbon black, and industrial steam generation applications. This segment provides systems for cooling, ash handling, particulate control, nitrogen oxides and sulfur dioxides removal, chemical looping for carbon control, and mercury control. The Babcock & Wilcox Thermal segment offers steam generation equipment; aftermarket parts; and construction, maintenance, and field services for plants in the power generation, oil and gas, and industrial sectors. This segment has an installed equipment for utilities and general industrial applications, including refining, petrochemical, food processing, metals, and others. Babcock & Wilcox Enterprises, Inc. was founded in 1867 and is headquartered in Akron, Ohio.Show more
  • Revenue $717M -1.4%
  • EBITDA $42M +11.1%
  • Net Income -$60M +69.6%
  • EPS (Diluted) -0.82 +65.5%
  • Gross Margin 24.68% +1.6%
  • EBITDA Margin 5.83% +12.7%
  • Operating Margin 3.5% +53.2%
  • Net Margin -8.35% +69.2%
  • ROE -
  • ROIC 8.85% +86.8%
  • Debt/Equity -
  • Interest Coverage 0.54 +39.4%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Momentum leader: RS Rating 89 (top 11%)
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Trading near 52-week high

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9
  • ✗Negative free cash flow

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-7.65%
5Y-3.54%
3Y0.3%
TTM-35.26%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-82.02%

EPS CAGR

10Y-
5Y-
3Y-
TTM-56.63%

ROCE

10Y Avg-27.5%
5Y Avg2.53%
3Y Avg3.24%
Latest6.57%

Peer Comparison

Control Systems & Components
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Valuation
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Technical
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
NXTNextpower Inc.14.64B98.6528.4318.38%17.08%29.01%4.25%0.02
UEICUniversal Electronics Inc.53.46M4.00-2.16-6.08%-5.64%-15.08%11.96%0.32
BWNBBabcock & Wilcox Enterprises, I2.38B25.00-30.49-1.37%-20.07%
BWSNBabcock & Wilcox Enterprises, I2.4B25.18-30.71-1.37%-20.07%

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+1.76B1.58B1.56B1.06B859.11M566.32M710.87M609.44M727.32M717.33M
Revenue Growth %0.11%-0.1%-0.01%-0.32%-0.19%-0.34%0.26%-0.14%0.19%-0.01%
Cost of Goods Sold+1.45B1.4B1.46B1.19B698.85M400.46M535.83M464.3M550.61M540.31M
COGS % of Revenue0.82%0.89%0.94%1.12%0.81%0.71%0.75%0.76%0.76%0.75%
Gross Profit+308.16M179.2M99.88M-129.64M160.26M165.85M175.05M145.13M176.7M177.03M
Gross Margin %0.18%0.11%0.06%-0.12%0.19%0.29%0.25%0.24%0.24%0.25%
Gross Profit Growth %0.37%-0.42%-0.44%-2.3%2.24%0.03%0.06%-0.17%0.22%0%
Operating Expenses+256.51M257.5M269.21M227.11M189.64M167.59M155.63M146.29M160.1M151.94M
OpEx % of Revenue0.15%0.16%0.17%0.21%0.22%0.3%0.22%0.24%0.22%0.21%
Selling, General & Admin239.97M247.1M259.8M223.33M179.01M154.62M164.85M152.7M150.15M141.48M
SG&A % of Revenue0.14%0.16%0.17%0.21%0.21%0.27%0.23%0.25%0.21%0.2%
Research & Development16.54M10.4M9.41M3.78M2.86M4.38M1.59M2.56M7.2M5.79M
R&D % of Revenue0.01%0.01%0.01%0%0%0.01%0%0%0.01%0.01%
Other Operating Expenses-1.22M-2.4M007.77M8.59M-10.82M-8.96M2.75M4.67M
Operating Income+21.86M-102.8M-281.56M-426.6M-29.38M-1.74M19.42M-1.15M16.61M25.08M
Operating Margin %0.01%-0.07%-0.18%-0.4%-0.03%-0%0.03%-0%0.02%0.03%
Operating Income Growth %1.38%-5.7%-1.74%-0.52%0.93%0.94%12.18%-1.06%15.39%0.51%
EBITDA+56.79M-63.22M-251.12M-398.08M-5.78M15.07M37.76M22.84M37.6M41.79M
EBITDA Margin %0.03%-0.04%-0.16%-0.37%-0.01%0.03%0.05%0.04%0.05%0.06%
EBITDA Growth %3.7%-2.11%-2.97%-0.59%0.99%3.61%1.51%-0.4%0.65%0.11%
D&A (Non-Cash Add-back)34.93M39.58M30.45M28.52M23.61M16.8M18.34M23.99M21M16.71M
EBIT21.41M-117.17M-297.89M-506.19M-80.06M39.41M60.81M34.68M-23.41M-14.64M
Net Interest Income+-441K-2.99M-25.43M-49.37M-93.98M-59.15M-33M-39.21M-41.49M-45.33M
Interest Income618K810K507K244K923K646K531K586K1.08M814K
Interest Expense1.06M3.8M25.93M49.61M94.9M59.8M33.53M39.8M42.57M46.15M
Other Income/Expense-1.66M-16.83M-35.98M-129.2M-95.06M-2.18M7.86M-3.96M-82.58M-85.87M
Pretax Income+20.2M-108.1M-314.2M-555.8M-124.45M-3.92M27.29M-5.12M-65.98M-60.79M
Pretax Margin %0.01%-0.07%-0.2%-0.52%-0.14%-0.01%0.04%-0.01%-0.09%-0.08%
Income Tax+3.67M6.9M64.82M102.22M5.29M8.18M-2.03M9.07M9.82M12.17M
Effective Tax Rate %0.95%1.07%1.21%1.3%0.98%2.63%1.13%4.47%2.99%0.99%
Net Income+19.14M-115.6M-379.82M-725.29M-121.97M-10.32M30.89M-22.86M-197.21M-59.91M
Net Margin %0.01%-0.07%-0.24%-0.68%-0.14%-0.02%0.04%-0.04%-0.27%-0.08%
Net Income Growth %1.72%-7.04%-2.29%-0.91%0.83%0.92%3.99%-1.74%-7.63%0.7%
Net Income (Continuing)16.53M-122.33M-381.26M-658.02M-129.73M-12.1M29.31M-14.19M-75.79M-72.96M
Discontinued Operations2.8M02.24M0694K1.8M2.23M-12.4M-121.18M13.18M
Minority Interest719K8.8M8.6M8.83M1.42M1.1M25.47M485K611K591K
EPS (Diluted)+1.78-11.50-40.34-52.45-3.87-0.210.26-0.43-2.38-0.82
EPS Growth %1.72%-7.46%-2.51%-0.3%0.93%0.95%2.24%-2.65%-4.53%0.66%
EPS (Basic)1.78-11.50-40.34-52.45-3.87-0.210.260.43-2.38-0.82
Diluted Shares Outstanding10.77M10.06M9.42M13.83M31.5M48.7M83.6M88.3M89M91.72M
Basic Shares Outstanding10.73M10.06M9.42M13.83M31.5M48.7M82.4M88.3M89M91.72M
Dividend Payout Ratio0.01%---------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+978.18M777.5M732.26M549.62M412.22M396.08M582.43M557.61M497.59M490.19M
Cash & Short-Term Investments369.19M95.9M56.67M43.21M43.77M57.34M224.87M76.24M39.86M23.4M
Cash Only365.19M95.9M56.67M43.21M43.77M57.34M224.87M76.24M39.86M23.4M
Short-Term Investments4M000000000
Accounts Receivable427.32M457.06M394.12M341.93M257.04M223.07M246.8M315.04M151.73M195.08M
Days Sales Outstanding88.76105.792.35117.48109.21143.77126.72188.6876.1499.26
Inventory90.12M85.8M82.16M61.32M63.1M74.45M79.53M102.64M97.58M108.89M
Days Inventory Outstanding22.722.3820.5718.7832.9667.8554.1780.6864.6973.56
Other Current Assets95.56M138.78M221.5M103.15M48.3M41.23M31.24M63.7M208.43M162.82M
Total Non-Current Assets+684.86M751.6M589.97M195.88M214.3M202.99M330.83M384.08M278.11M236.8M
Property, Plant & Equipment145.72M133.6M141.93M90.89M109.55M95.89M115.79M113.25M95.44M102.38M
Fixed Asset Turnover12.06x11.81x10.98x11.69x7.84x5.91x6.14x5.38x7.62x7.01x
Goodwill201.07M267.4M204.4M47.11M47.16M47.36M116.46M100.44M85.12M82.14M
Intangible Assets37.84M71M76.78M30.79M25.3M23.91M43.8M51.56M23.58M19.05M
Long-Term Investments93.29M98.7M43.28M15.75M000000
Other Non-Current Assets16.29M17.5M25.76M27.09M32.29M35.83M54.78M116.82M71.86M33.19M
Total Assets+1.66B1.53B1.32B745.5M626.52M599.08M913.26M941.69M775.7M726.99M
Asset Turnover1.06x1.03x1.18x1.43x1.37x0.95x0.78x0.65x0.94x0.99x
Asset Growth %0.09%-0.08%-0.14%-0.44%-0.16%-0.04%0.52%0.03%-0.18%-0.06%
Total Current Liabilities+561.35M617.5M744.33M711.99M602.49M270.83M253.38M371.53M350.22M388.49M
Accounts Payable175.17M220.74M203.57M199.88M109.91M73.48M85.93M131.22M83.15M101.03M
Days Payables Outstanding44.1257.5950.9761.257.4166.9758.53103.1655.1268.25
Short-Term Debt2M14.24M169.31M176.16M282.95M012.38M3.83M6.17M125.14M
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Liabilities103.31M253.36M293.68M167.27M27.79M22.21M12.99M37.26M141.68M59.26M
Current Ratio1.74x1.26x0.98x0.77x0.68x1.46x2.30x1.50x1.42x1.26x
Quick Ratio1.58x1.12x0.87x0.69x0.58x1.19x1.98x1.22x1.14x0.98x
Cash Conversion Cycle67.3370.561.9575.0584.76144.65122.36166.2185.71104.57
Total Non-Current Liabilities+353.27M350.6M387.2M310.81M318.96M659.22M601.26M572.24M625.83M621.67M
Long-Term Debt09.8M94.3M00347.63M327.91M348.69M373.31M348.78M
Capital Lease Obligations000038.84M36.72M56.05M53.07M50.08M58.82M
Deferred Tax Liabilities0000001.4M12.06M10.22M11.03M
Other Non-Current Liabilities353.27M340.85M292.9M310.81M280.12M274.87M215.9M158.42M192.21M203.04M
Total Liabilities914.62M968.1M1.13B1.02B921.46M930.05M854.64M943.78M976.05M1.01B
Total Debt+2M14.2M263.61M176.16M326.12M389.23M402.74M410.27M434.23M537.93M
Net Debt-363.19M-81.7M206.95M132.94M282.35M331.89M177.86M334.03M394.37M514.53M
Debt / Equity0.00x0.03x1.38x---6.87x---
Debt / EBITDA0.04x----25.83x10.67x17.96x11.55x12.87x
Net Debt / EBITDA-6.39x----22.03x4.71x14.63x10.49x12.31x
Interest Coverage20.64x-27.08x-10.86x-8.60x-0.31x-0.03x0.58x-0.03x0.39x0.54x
Total Equity+748.43M560.9M190.7M-277.3M-294.94M-330.98M58.62M-2.09M-200.35M-283.17M
Equity Growth %0.08%-0.25%-0.66%-2.45%-0.06%-0.12%1.18%-1.04%-94.91%-0.41%
Book Value per Share69.4855.7820.25-20.05-9.36-6.800.70-0.02-2.25-3.09
Total Shareholders' Equity747.71M552.1M182.1M-286.13M-296.36M-332.08M33.15M-2.57M-200.96M-283.76M
Common Stock540K500K499K1.75M4.7M4.78M5.11M5.14M5.15M5.21M
Retained Earnings965K-114.7M-492.15M-1.22B-1.34B-1.34B-1.32B-1.36B-1.57B-1.65B
Treasury Stock-25.41M-103.82M-104.78M-105.59M-105.71M-105.99M-110.93M-113.75M-115.16M-115.5M
Accumulated OCI-18.85M-36.5M-22.43M-11.43M1.93M-52.39M-58.82M-72.79M-66.36M-86.66M
Minority Interest719K8.8M8.6M8.83M1.42M1.1M25.47M485K611K591K

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+145.21M2.3M-189.83M-281.88M-176.32M-40.8M-111.2M-30.64M-42.27M-118.73M
Operating CF Margin %0.08%0%-0.12%-0.27%-0.21%-0.07%-0.16%-0.05%-0.06%-0.17%
Operating CF Growth %6.06%-0.98%-83.54%-0.48%0.37%0.77%-1.73%0.72%-0.38%-1.81%
Net Income19.34M-115.1M-379.01M-652.55M-129.04M-10.3M31.54M-26.58M-78.87M-59.78M
Depreciation & Amortization34.93M39.6M40.14M32M23.61M16.8M18.34M23.99M21M16.71M
Stock-Based Compensation7.77M16.1M11.81M2.25M3.08M4.56M7.8M9.98M8.7M4.69M
Deferred Taxes-32.12M-9M50.3M98.06M-855K1.8M-7.75M5.9M-1.46M7.1M
Other Non-Cash Items40.37M36.2M142.51M158.41M76.11M2.54M-17.83M-4.09M-6.5M12.42M
Working Capital Changes74.91M34.5M-55.58M79.93M-149.22M-56.2M-143.3M-39.83M14.87M-99.88M
Change in Receivables-33.98M58.9M9.41M80.38M112.41M21.7M-19.87M-82.33M71.39M-54.97M
Change in Inventory6.06M2.9M11.87M10.34M-4.14M-4.1M-3.05M-19M-8.13M-6.41M
Change in Payables17.86M4.5M-14.66M-4.36M-80.46M-42M7.08M52.68M12.93M8.14M
Cash from Investing+-45.88M-180.8M-62.14M179.22M8.78M2.2M-33.54M-68.8M-7.94M109.96M
Capital Expenditures-35.4M-22.5M-14.28M-5.47M-3.8M-8.2M-6.68M-13.24M-9.8M-11.21M
CapEx % of Revenue0.02%0.01%0.01%0.01%0%0.01%0.01%0.02%0.01%0.02%
Acquisitions----------
Investments----------
Other Investing5.69M10.2M-1.55M534K2.5M4.9M0466K-102K34K
Cash from Financing+53.61M-83.4M206.13M82.61M167.02M44.1M302.81M-11.16M8.56M69.73M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid-242K00000-9.13M-14.86M-11.14M-18.57M
Share Repurchases----------
Other Financing80.34M-246K-16.08M31.57M22.66M-10.93M-24.78M-1.5M-3.61M-11.61M
Net Change in Cash----------
Free Cash Flow+109.81M-20.2M-204.11M-287.36M-180.12M-49M-117.88M-43.88M-52.07M-129.94M
FCF Margin %0.06%-0.01%-0.13%-0.27%-0.21%-0.09%-0.17%-0.07%-0.07%-0.18%
FCF Growth %3.36%-1.18%-9.1%-0.41%0.37%0.73%-1.41%0.63%-0.19%-1.5%
FCF per Share10.19-2.01-21.68-20.78-5.72-1.01-1.41-0.50-0.59-1.42
FCF Conversion (FCF/Net Income)7.59x-0.02x0.50x0.39x1.45x3.95x-3.60x1.34x0.21x1.98x
Interest Paid0000017.82M20.23M25.67M23.07M37.32M
Taxes Paid000006.96M4.99M7.95M6.73M7.76M

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)2.65%-17.66%-101.07%---52.7%-80.88%--
Return on Invested Capital (ROIC)3.8%-17.84%-48.17%-252.63%--142.07%12.27%-0.3%4.74%8.85%
Gross Margin17.54%11.35%6.41%-12.2%18.65%29.29%24.62%23.81%24.3%24.68%
Net Margin1.09%-7.32%-24.38%-68.27%-14.2%-1.82%4.35%-3.75%-27.11%-8.35%
Debt / Equity0.00x0.03x1.38x---6.87x---
Interest Coverage20.64x-27.08x-10.86x-8.60x-0.31x-0.03x0.58x-0.03x0.39x0.54x
FCF Conversion7.59x-0.02x0.50x0.39x1.45x3.95x-3.60x1.34x0.21x1.98x
Revenue Growth10.54%-10.19%-1.3%-31.8%-19.13%-34.08%25.53%-14.27%19.34%-1.37%

Revenue by Segment

201520162017201820192020202120222023
B&W Thermal------866.66M830.21M499.22M
B&W Thermal Growth--------4.21%-39.87%
B&W Renewable------313.64M661.14M318.61M
B&W Renewable Growth-------110.79%-51.81%
B&W Environmental------268.05M308.79M202.93M
B&W Environmental Growth-------15.20%-34.28%
Babcock & Wilcox---1.67B1.42B304.97M---
Babcock & Wilcox Growth-----15.08%-78.53%---
Babcock & Wilcox Renewable-----156.19M---
Babcock & Wilcox Renewable Growth---------
Babcock & Wilcox Environmental-----107.97M---
Babcock & Wilcox Environmental Growth---------
Volund & Other Renewable---363.25M244.45M----
Volund & Other Renewable Growth-----32.70%----
SPIG---326.65M169.93M----
SPIG Growth-----47.98%----
Power-975.48M821.06M------
Power Growth---15.83%------
Global Services1.87B--------
Global Services Growth---------
Global Power1.28B--------
Global Power Growth---------
Industrial Environmental367.39M--------
Industrial Environmental Growth---------

Revenue by Geography

201520162017201820192020202120222023
UNITED STATES1.03B--652.88M460.48M310.96M431.54M498.43M505.08M
UNITED STATES Growth-----29.47%-32.47%38.78%15.50%1.33%
CANADA134.28M--90.46M113.66M43.94M48.21M83.73M90.61M
CANADA Growth----25.65%-61.34%9.72%73.69%8.22%
All Other Countries---65.83M55.73M106.83M104.35M88.22M87.82M
All Other Countries Growth-----15.35%91.70%-2.33%-15.46%-0.45%
DENMARK116.06M--12.43M27.31M28.59M30.31M50.86M58.19M
DENMARK Growth----119.79%4.68%6.02%67.79%14.42%
SWEDEN18.3M--34.58M18.79M11.43M22.39M35.3M36.09M
SWEDEN Growth-----45.66%-39.17%95.90%57.67%2.22%
SAUDI ARABIA4.22M--8.04M5.24M-12.53M21.43M23.1M
SAUDI ARABIA Growth-----34.75%--71.03%7.82%
CHINA41.92M--23.43M18.43M8.46M10.03M25.89M20.36M
CHINA Growth-----21.35%-54.09%18.52%158.18%-21.37%
BRAZIL2.18M--9.04M4.8M--15.05M16.96M
BRAZIL Growth-----46.91%---12.69%
INDONESIA1.73M---16.74M19.64M1.85M11.72M16.01M
INDONESIA Growth-----17.35%-90.57%532.70%36.57%
Korea (South), Won--------15.06M
Korea (South), Won Growth---------
GREECE--------13.02M
GREECE Growth---------
TAIWAN-------12.43M12.48M
TAIWAN Growth--------0.36%
BELGIUM---8.23M9.14M---10.84M
BELGIUM Growth----11.17%----
FRANCE6.38M------12.55M9.7M
FRANCE Growth---------22.77%
ISRAEL------14.11M3.08M1.29M
ISRAEL Growth--------78.16%-58.14%
HONG KONG------11.06M896K9K
HONG KONG Growth--------91.90%-99.00%
KOREA, REPUBLIC OF4.36M--5.68M14.44M4.05M3.96M--
KOREA, REPUBLIC OF Growth----154.37%-71.96%-2.20%--
PHILIPPINES----6.7M----
PHILIPPINES Growth---------
TAIWAN, PROVINCE OF CHINA2.14M--11.69M6.15M----
TAIWAN, PROVINCE OF CHINA Growth-----47.36%----
INDIA13.11M--5.64M6.09M----
INDIA Growth----8.03%----
ITALY4.67M--14.16M6.01M----
ITALY Growth-----57.55%----
GERMANY19.23M--14.69M5.9M----
GERMANY Growth-----59.86%----
SOUTH AFRICA4.49M---5.03M----
SOUTH AFRICA Growth---------
VIET NAM46.8M--5.76M3.8M----
VIET NAM Growth-----34.06%----
CHILE19.5M--5.6M2.53M----
CHILE Growth-----54.74%----
NIGERIA---12.21M1.02M----
NIGERIA Growth-----91.66%----
EGYPT---2.13M-----
EGYPT Growth---------
DOMINICAN REPUBLIC82.92M--------
DOMINICAN REPUBLIC Growth---------
Other Countries33.09M--------
Other Countries Growth---------
POLAND5.44M--------
POLAND Growth---------
COLOMBIA4.9M--------
COLOMBIA Growth---------
NETHERLANDS4.65M--------
NETHERLANDS Growth---------
THAILAND4.61M--------
THAILAND Growth---------
GREENLAND3.17M--------
GREENLAND Growth---------
MEXICO2.93M--------
MEXICO Growth---------
AUSTRALIA2.82M--------
AUSTRALIA Growth---------
SPAIN2.31M--------
SPAIN Growth---------
MALAYSIA2.17M--------
MALAYSIA Growth---------
TUNISIA1.87M--------
TUNISIA Growth---------

Frequently Asked Questions

Growth & Financials

Babcock & Wilcox Enterprises, I (BWNB) reported $540.5M in revenue for fiscal year 2024. This represents a 69% decrease from $1.77B in 2013.

Babcock & Wilcox Enterprises, I (BWNB) saw revenue decline by 1.4% over the past year.

Babcock & Wilcox Enterprises, I (BWNB) reported a net loss of $108.5M for fiscal year 2024.

Dividend & Returns

Yes, Babcock & Wilcox Enterprises, I (BWNB) pays a dividend with a yield of 0.81%. This makes it attractive for income-focused investors.

Babcock & Wilcox Enterprises, I (BWNB) had negative free cash flow of $102.0M in fiscal year 2024, likely due to heavy capital investments.

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