Saturday 17 October 2026
Export BW’s income statement to Excel — free account
Babcock
BW Industrials Specialty Industrial Machinery
In the quarter to June 2026, revenue grew 130.3%, EPS grew 111.1%, free cash flow grew 14.3% and total debt fell 39.4%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
4.62
0.34
−6.85%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 129.00 | 16.10 | 3.30 | 1.94 | 0.77 | 3.19 | 3.89 | 0.96 | 0.75 | 0.22 |
Analyst estimates 2026–2028 Powerpack |
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| High | 239.90 | 175.00 | 76.60 | 8.18 | 5.16 | 10.37 | 9.48 | 6.83 | 2.99 | 7.77 | |||||
| People | |||||||||||||||
| People | Employees | 5,000 | 4,800 | 4,000 | 2,400 | 2,100 | 1,800 | 2,163 | 2,250 | 1,950 | 1,650 | ||||
| Revenue/emp, $m | 0.28 | 0.28 | 0.27 | 0.36 | 0.27 | 0.39 | 0.28 | 0.26 | 0.30 | 0.36 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 1,421 | 1,341 | 1,062 | 859 | 566 | 711 | 609 | 587 | 581 | 588 | ||||
| Gross margin, % | 9.73 | 1.81 | (12.20) | 18.65 | 29.29 | 24.62 | 23.81 | 20.68 | 21.81 | 24.48 | |||||
| EBT | (120) | (318) | (556) | (124) | (4) | 27 | (5) | (104) | (91) | (25) | |||||
| EBT margin, % | (8.42) | (23.67) | (52.32) | (14.49) | (0.69) | 3.84 | (0.84) | (17.64) | (15.74) | (4.18) | |||||
| Net income | (115) | (379) | (725) | (129) | (10) | 29 | (14) | (109) | (104) | (33) | |||||
| Depreciation | 41 | 47 | 58 | 85 | 35 | 28 | 30 | 28 | 25 | 14 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 283.46 | 285.81 | 76.82 | 27.26 | 11.63 | 8.63 | 6.91 | 6.60 | 6.34 | 5.57 | ||||
| Earnings | (23.10) | (80.90) | (52.71) | (3.87) | (0.21) | 0.26 | (0.43) | (2.38) | (0.82) | (0.48) | |||||
| Cash flow | 0.45 | (40.45) | (20.38) | (5.59) | (0.84) | (1.35) | (0.35) | (0.47) | (1.29) | (0.65) | |||||
| Capex | (4.48) | (3.04) | (0.40) | 0.12 | (0.17) | (0.08) | (0.15) | (0.11) | 1.20 | 1.89 | |||||
| Free cash flow | (4.02) | (43.49) | (20.78) | (5.48) | (1.01) | (1.43) | (0.50) | (0.58) | (0.10) | 1.24 | |||||
| Book value | 111.90 | 40.63 | (20.05) | (9.36) | (6.79) | 0.71 | (0.02) | (2.25) | (3.09) | (1.25) | |||||
| Shares, m | 5 | 5 | 14 | 32 | 49 | 82 | 88 | 89 | 92 | 105 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 41.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| P/S | 0.59 | 0.20 | 0.05 | 0.13 | 0.30 | 1.05 | 0.81 | 0.22 | 0.26 | 1.14 | |||||
| P/B | 1.50 | 1.43 | 0.00 | 0.00 | 0.00 | 12.69 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| EV/Sales | 0.52 | 0.35 | 0.36 | 0.43 | 0.86 | 1.25 | 1.29 | 0.84 | 0.92 | 1.43 | |||||
| EV/FCF | (36.88) | (2.28) | (1.32) | (2.15) | (9.89) | (7.52) | (17.86) | (9.46) | (59.25) | 6.44 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 2 | (190) | (282) | (176) | (41) | (111) | (31) | (42) | (119) | (69) | ||||
| Capex | (22) | (14) | (5) | 4 | (8) | (7) | (13) | (10) | 110 | 199 | |||||
| Free cash flow | (20) | (204) | (287) | (173) | (49) | (118) | (44) | (52) | (9) | 131 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 160 | (12) | (162) | (190) | 125 | 329 | 186 | 147 | 147 | 84 | ||||
| Total debt | 24 | 264 | 176 | 313 | 382 | 370 | 380 | 406 | 502 | 264 | |||||
| Net debt | (100) | 194 | 116 | 256 | 315 | 143 | 288 | 362 | 385 | 90 | |||||
| Shareholders’ equity | 561 | 191 | (277) | (295) | (331) | 59 | (2) | (200) | (283) | (132) | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | (7.25) | (26.64) | (70.15) | (17.78) | (1.68) | 2.88 | (4.07) | (24.70) | (9.95) | (7.34) | ||||
| ROIC | (14.90) | (51.41) | 0.00 | 0.00 | 0.00 | 6.02 | (0.25) | (7.76) | (3.89) | 0.00 | |||||
| ROE | (17.66) | (101.06) | 1,675.16 | 42.63 | 3.30 | (15.98) | (133.81) | 209.35 | 30.92 | 24.59 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Babcock vs peers in Specialty Industrial Machinery (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| AMSC American Superconductor Corporation | $1.3B | 8.3× | 71.0× | +30.01% (above 0%: growing) | +23.53% (above 0%: growing) | +68.38% (above 0%: growing) | 26.28% | 10.45% | Compare |
| PSIX Power Solutions International, Inc. | $1.2B | 15.6× | 16.0× | −20.51% (below 0%: shrinking) | −67.26% (below 0%: shrinking) | +280.84% (above 0%: growing) | 27.12% | 15.68% | Compare |
| TNC Tennant Company | $1.1B | 62.8× | 22.2× | +1.69% (above 0%: growing) | −59.09% (below 0%: shrinking) | −101.60% (below 0%: shrinking) | 39.48% | 4.91% | Compare |
| GHM Graham Corporation | $835.1M | 64.3× | 56.0× | +28.57% (above 0%: growing) | −19.05% (below 0%: shrinking) | −64.73% (below 0%: shrinking) | 24.95% | 5.82% | Compare |
| BW Babcock | $738.9M | — (loss-making) | — (loss-making) | +130.25% (above 0%: growing) | n/m | +14.34% (above 0%: growing) | 14.59% | 3.68% | |
| KRNT Kornit Digital Ltd. | $737.7M | — (loss-making) | — (loss-making) | +11.19% (above 0%: growing) | n/m | +113.86% (above 0%: growing) | 45.31% | (26.91%) | Compare |
| NNE Nano Nuclear Energy Inc. | $729.8M | — (loss-making) | — | — | n/m | −13.05% (below 0%: shrinking) | 29.07% | (7,395.14%) | Compare |
| PKOH Park-Ohio Holdings Corp. | $669.3M | 24.0× | 10.4× | +10.00% (above 0%: growing) | +29.85% (above 0%: growing) | +91.47% (above 0%: growing) | 17.93% | 5.57% | Compare |
| LXFR Luxfer Holdings PLC | $465.3M | 57.5× | 17.5× | −10.23% (below 0%: shrinking) | +80.00% (above 0%: growing) | +100.00% (above 0%: growing) | 25.60% | 8.15% | Compare |
| Median of peers | $786.4M | 40.7× | 19.9× | +10.00% | +2.24% | +79.93% | 26.70% | 5.70% |
Babcock (BW) key facts
- Babcock (BW) is a Specialty Industrial Machinery company in the Industrials sector, listed on the New York Stock Exchange.
- As of October 16, 2026, BW traded at $4.62, a market capitalization of $738.9 million.
- Return on equity was 24.6% and debt-to-equity 5.28.
- Its Piotroski F-score is 4 out of 9 and its Altman Z-score is −1.94 (distress zone) for fiscal 2025.