Event-Driven Stocks

Babcock & Wilcox Enterprises, Inc.

BWNYSE

Industrials · Heating Equipment, Except Electric & Warm Air Furnaces · DE · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 4 good● 3 warning● 3 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$587.7M$581.0M$587.4M$609.4M$710.9M$566.3M
Operating income$20.7M−$6.3M−$20.1M−$1.2M$19.4M−$1.7M
Net income−$36.2M−$59.9M−$197.2M−$22.9M$30.9M−$10.3M
Total assets$662.9M$727.0M$775.7M$941.7M$913.3M$599.1M
Total liabilities$794.5M$1.01B$976.0M$943.8M$854.6M$930.1M
Equity−$131.5M−$283.8M−$201.0M−$2.6M$33.1M−$332.1M
EPS (diluted)$-0.48$-0.82$-2.38$-0.43$0.26$-0.21
Shares out.98.4M89.5M88.7M86.3M85.6M46.4M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
3.5%
Net margin
−6.2%
Return on equity
27.5%
Return on assets
−5.5%
Return on capital (ROCE)
7.5%
Liabilities / assets
119.8%
Debt / equity
—
Book value / share
$-1.34
Revenue growth (YoY)
1.1%
Net income growth (YoY)
—

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
-7.48distress
Accruals / assets
4.9%clean
Beneish M-Score
-1.84normal
Piotroski F-Score
4/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
57
/ 100
Profitability 60Growth 100Catalyst 67Earnings quality 33Financial strength 25

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 3 severe● 3 warning● 4 good
  • Negative shareholder equity
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Reported a net loss
  • High leverage (liabilities > 70% of assets)
  • Negative operating cash flow
  • Operating margin is positive
  • Strong return on equity (>15%)
  • Revenue is growing year-over-year
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Insider transactions

SEC Form 4 · most recent
12 acquisitions0 disposalsnet +1.2M shares · last 12
InsiderDateTypeSharesPrice
Boness Naomi LouiseDirectorMay 15, 2026Option exercise85,000$21.22
Stahl Rebecca LDirectorMay 15, 2026Option exercise85,000$21.22
Howe Alan BDirectorMay 15, 2026Option exercise85,000$21.22
Akbari Dr. HomairaDirectorMay 15, 2026Option exercise3,021$21.22
Moeller Philip DDirectorMay 15, 2026Option exercise85,000$21.22
Tato Joseph ADirectorMay 15, 2026Option exercise85,000$21.22
Frymyer Cameron MOfficer — Chief Financial OfficerMar 16, 2026Option exercise225,000$10.51
Young Kenneth MOfficer — Chief Executive OfficerMar 16, 2026Option exercise250,000$10.51
Dziewisz John JOfficer — General Counsel &amp; SecretaryMar 16, 2026Option exercise25,000$10.51
Young Kenneth MOfficer — Chief Executive OfficerMar 5, 2026Option exercise150,000$13.29
Frymyer Cameron MOfficer — Chief Financial OfficerMar 5, 2026Option exercise75,000$13.29
Dziewisz John JOfficer — General Counsel &amp; SecretaryMar 5, 2026Option exercise75,000$13.29

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 202610.0M2.1+3.7%
Apr 30, 20269.7M3.1+14.3%
Apr 15, 20268.5M2.8+2.3%
Mar 31, 20268.3M1.6+30.3%
Mar 13, 20266.4M1.0+84.9%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)