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Discontinued — last reported Q1 '26

Net debt at other companies

Cabot Corporation logo
Cabot CorporationCBT
1.1×-0.3×
Travel + Leisure logo
Travel + LeisureTNL
+1.6×
Unifirst logo
UnifirstUNF
-0.2×-0.1×
HES
Hess MidstreamHESM
3.1×-0.1×
Andersons Inc. logo
Andersons Inc.ANDE
+2.1×
Seadrill logo
SeadrillSDRL
+0.6×

Other financials

Income statement

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Revenue$214.4M+44.3%
Gross profit$43.5M+56.5%
Operating income-$1.7M+10.1%
Net income-$76.9M-250%
EPS (diluted)-$0.60-131%

Balance sheet

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Cash & equivalents$194.8M+64.3%
Total debt$46.1M-26.4%
Total equity-$172.1M+43.2%
Total assets$757.8M+5.3%

Cash flow

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Operating cash flow$17.8M+310%
CapEx$7.1M+64.7%
Free cash flow$10.7M+183%

Valuation

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Market cap$2.37B+3,033%
Enterprise value$2.22B+24,866%
P/S3.7×+3.5×

Profitability

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Gross margin24.3%+3.1pp
Operating margin2.9%+2.2pp
Net margin-18.8%
FCF margin-9.6%-3.4pp

Returns & leverage

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Return on equity-266.6%
Debt / equity8.5×
Current ratio0.0×

Where this comes from

Calculated from Babcock & Wilcox Enterprises’s reported figures.

The official record: Babcock & Wilcox Enterprises’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Babcock & Wilcox Enterprises's net debt?
Babcock & Wilcox Enterprises (BW) reported net debt of -$148.76M in Q1 2026.
How has Babcock & Wilcox Enterprises's net debt changed year-over-year?
Babcock & Wilcox Enterprises's net debt decreased by 165.4% year-over-year, from -$56.06M to -$148.76M.
What is the long-term trend for Babcock & Wilcox Enterprises's net debt?
Over 5 years (2020 to 2025), Babcock & Wilcox Enterprises's net debt has grown at a -0.7% compound annual growth rate (CAGR), from $157.51M to -$151.89M.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.