Babcock & Wilcox Enterprises Inc (N:BW)

Sector:  Industrials Industry:  Heavy Electrical Equipment
 
See Regulatory Filings on SEC
Company Contact
Address: 1200 E. MARKET STREET, SUITE 650
AKRON OH 44305
Tel: N/A
Website: https://www.babcock.com
IR: See website
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Key People
Kenneth M. Young
Chairman of the Board, Chief Executive Officer
Louis Salamone
Chief Financial Officer, Executive Vice President, Chief Accounting Officer
Jimmy B. Morgan
Chief Operating Officer, Executive Vice President
John J. Dziewisz
Executive Vice President, General Counsel, Corporate Secretary
Christopher S. Riker
Senior Vice President - Thermal
 
Business Overview
Babcock & Wilcox Enterprises, Inc. is a provider of renewable, environmental and thermal technologies for industrial, electrical utility, municipal and other customers. The Company operates through three segments: Babcock & Wilcox Renewable, Babcock & Wilcox Environmental, and Babcock & Wilcox Thermal. Its Babcock & Wilcox Renewable segment offers technologies for environmentally sustainable power and heat generation, including waste-to-energy, biomass-to-energy and black liquor systems for the pulp and paper industry. Its Babcock & Wilcox Environmental segment provides emissions control and environmental technology solutions for utility, waste-to-energy, biomass-to-energy, carbon black, and industrial steam generation applications around the world. Its Babcock & Wilcox Thermal segment provides steam generation equipment, aftermarket parts, construction, maintenance and field services for plants in the power generation, oil and gas, and industrial sectors.
Financial Overview
For the fiscal year ended 31 December 2023, Babcock & Wilcox Enterprises Inc revenues increased 18% to $999.4M. Net loss applicable to common stockholders excluding extraordinary items increased from $31.1M to $93.7M. Revenues reflect B&W Thermal segment increase of 20% to $499.2M, B&W Environmental segment increase of 31% to $202.9M, United Kingdom segment increase from $30.2M to $82.7M, United States segment increase of 11% to $505.1M.
Employees: 2,200 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $431.31M as of Dec 31, 2023
Annual revenue (TTM): $999.35M as of Dec 31, 2023
EBITDA (TTM): $46.91M as of Dec 31, 2023
Net annual income (TTM): -$93.73M as of Dec 31, 2023
Free cash flow (TTM): -$63.21M as of Dec 31, 2023
Net Debt Last Fiscal Year: $341.75M as of Dec 31, 2023
Shares outstanding: 89,480,435 as of Mar 8, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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