BABCOCK & WILCOX ENTERPRISES, INC

The business, in plain English

BABCOCK & WILCOX ENTERPRISES, INC booked $588M of revenue in FY2025 in the Industrials sector and kept 24.5% of it as gross profit — a moderate-margin business by that measure. After every other cost, −6.2% of each revenue dollar reached the bottom line.

Across the filed record, revenue shrank from $1.8B (FY2013) to $588M (FY2025) — about −8.8% a year compounded over 12 years.

ROIC is not available for the latest filed year, FY2025. Across the full 5-year measurable filed record, median ROIC was −6.4%. Over the v3 recent window (2 measurable filed years), median ROIC was −99.7%. The Returns on Capital filter above scores it 0/100.

BW's latest filed year, FY2025, doesn't disclose total debt in a form the methodology can use, so current leverage is treated as unmeasured — never assumed to be zero.

Put together: Capital Allocation is the strongest of the five filters (44/100) and Returns on Capital the weakest (0/100), which is how BW lands at 22/100 — a None moat.

This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.