BW
Babcock & Wilcox Enterprises, Inc.
BW's outlook is improving, though it still trails on the overall score.
RDW
Redwire Corporation
RDW has the edge over BW overall, supported by stronger fundamentals.
BW Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Weak | |
| Strong |
BW's revenue and balance sheet are currently strong, and its profitability is stable, but its cash flow is weak.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
BW PE Valuation
BW has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 12x next year's earnings.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
BW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect BW to return to profit, with revenue growing. However, they disagree widely on these estimates.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect RDW's losses to shrink, with revenue growing.
BW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.40 | — |
| Q3 2026 | -$0.40 | +$0.92 |
| Q2 2026 | -$0.12 | +$1.60 |
| Q1 2026 | -$0.82 | +$0.03 |
| Q4 2025 | -$0.48 | +$0.34 |
| Q3 2025 | -$1.32 | -$0.48 |
| Q2 2025 | -$1.72 | +$0.37 |
| Q1 2025 | -$0.85 | +$1.58 |
| Q4 2024 | -$0.82 | +$1.56 |
BW has the edge over RDW on earnings, with more consistent year-over-year improvement.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
BW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $290.8M | +95% |
| Q2 2026 | $319.7M | +122% |
| Q1 2026 | $214.4M | +18% |
| Q4 2025 | $138.8M | +109% |
| Q3 2025 | $149M | -29% |
| Q2 2025 | $144.1M | -38% |
| Q1 2025 | $181.2M | -13% |
| Q4 2024 | $66.3M | -71% |
BW's revenue has grown year over year for four quarters in a row: $291M last quarter, up 95% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 4.7% | +0.4 points |
| Q2 2026 | 3.7% | -2 points |
| Q1 2026 | -0.8% | -4 points |
| Q4 2025 | 4.2% | +34 points |
| Q3 2025 | 4.4% | +5.1 points |
| Q2 2025 | 5.6% | -12 points |
| Q1 2025 | 3.2% | +1.1 points |
| Q4 2024 | -30% | -30 points |
BW has the edge over RDW on profitability, with a higher operating margin.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW has the edge over BW on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 points from the same quarter a year ago.
BW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$135.5M | -$97.9M |
| Q2 2026 | -$24M | +$4M |
| Q1 2026 | $10.7M | +$23.5M |
| Q4 2025 | -$7.2M | +$16.4M |
| Q3 2025 | -$37.6M | +$34.2M |
| Q2 2025 | -$28.1M | -$11.8M |
| Q1 2025 | -$12.8M | +$5.5M |
| Q4 2024 | -$23.6M | -363% |
BW has the edge over RDW on cash flow, with more consistent year-over-year improvement.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
BW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.7% | +4.2M shares |
| 1 year | +61% | +60M shares |
| 3 years | +79% | +70M shares |
| 5 years | +82% | +71.7M shares |
| Available history | +242% | +112M shares |
BW has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $37.9M |
| Q4 2025 | — |
| Q3 2025 | $386,000 |
| Q4 2024 | $62,000 |
| Q3 2024 | $258,000 |
| Q2 2024 | $16,000 |
| Q1 2024 | — |
| Q4 2023 | $13,000 |
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
BW Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.8x | Net Cash |
| Q2 2026 | -9.4x | Net Cash |
| Q1 2026 | -3.7x | Net Cash |
| Q4 2025 | -2.5x | Net Cash |
| Q3 2025 | -2.3x | Net Cash |
| Q2 2025 | -5.4x | Net Cash |
| Q1 2025 | 5.1x | High |
| Q4 2024 | 7.5x | High |
BW has more cash than debt.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
BW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.8 | Neutral |
| Stochastic | 8.3 | Oversold |
BW's weekly RSI is 38 (neutral) and its Stochastic is 8 (oversold).
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
BW PE vs Industrials Sector
| Metric | BW | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
BW has no meaningful PE right now: it lost money over the past year.
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
BW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.82 | 0.8% above |
| 20 week MA | $7.42 | 35% below |
| 50 week MA | $10.4 | 53% below |
| 100 week MA | $6.13 | 21% below |
| 200 week MA | $4.63 | 5% above |
BW has the edge over RDW on trend strength, trading above more of its moving averages.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
BW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $3.59 | $3.42 | -4.7% |
| 2021 | $3.42 | $9.25 | +170% |
| 2022 | $9.25 | $5.17 | -44% |
| 2023 | $5.17 | $1.46 | -72% |
| 2024 | $1.46 | $1.70 | +16% |
| 2025 | $1.70 | $5.25 | +209% |
| 2026 YTD | $5.25 | $4.86 | -7.4% |
BW's yearly returns have swung widely, from +209% in 2025 to −72% in 2023. It's down 7.4% so far in 2026.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW has the edge over BW on returns for 2026, with the stronger performance.