Babcock & Wilcox Enterprises, Inc. (BW)

BW Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	999.35	847.92	710.87	566.32	859.11
Revenue Growth (YoY)	17.86%	19.28%	25.53%	-34.08%	-19.13%
Cost of Revenue	775.27	660.98	535.83	400.47	698.85
Gross Profit	224.09	186.94	175.05	165.85	160.26
Selling, General & Admin	190.52	180.55	151.76	141.75	151.07
Research & Development	8.44	3.81	1.6	4.38	2.86
Other Operating Expenses	5.22	0.32	2.27	21.46	35.71
Operating Expenses	204.19	184.67	155.63	167.59	189.64
Operating Income	19.9	2.27	19.42	-1.74	-29.38
Interest Expense / Income	49.9	44.86	39.52	59.8	94.9
Other Expense / Income	158.73	-30.79	-48.97	-59.39	-7.6
Pretax Income	-188.73	-11.8	28.87	-2.14	-116.69
Income Tax	8.48	11.06	-2.03	8.18	5.29
Net Income	-197.21	-22.86	30.89	-10.32	-121.97
Preferred Dividends	14.86	14.86	9.13	0	0
Net Income Common	-212.07	-37.72	21.77	-10.32	-121.97
Shares Outstanding (Basic)	89	88	82	49	32
Shares Outstanding (Diluted)	89	88	84	49	32
Shares Change	0.86%	5.59%	71.59%	54.57%	127.88%
EPS (Basic)	-2.38	-0.43	0.26	-0.21	-3.87
EPS (Diluted)	-2.38	-0.43	0.26	-0.21	-3.87
Free Cash Flow	-52.07	-43.88	-117.88	-49.04	-180.12
Free Cash Flow Per Share	-0.58	-0.50	-1.43	-1.01	-5.72
Gross Margin	22.42%	22.05%	24.62%	29.29%	18.65%
Operating Margin	1.99%	0.27%	2.73%	-0.31%	-3.42%
Profit Margin	-21.22%	-4.45%	3.06%	-1.82%	-14.20%
Free Cash Flow Margin	-5.21%	-5.17%	-16.58%	-8.66%	-20.97%
Effective Tax Rate	-	-	-7.03%	-	-
EBITDA	-111.08	64.33	90.88	79.23	7.17
EBITDA Margin	-11.12%	7.59%	12.78%	13.99%	0.84%
Depreciation & Amortization	27.75	31.27	22.49	21.57	28.96
EBIT	-138.83	33.06	68.39	57.66	-21.79
EBIT Margin	-13.89%	3.90%	9.62%	10.18%	-2.54%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).