BW
Babcock & Wilcox Enterprises, Inc.
BW's outlook is improving, though it still trails on the overall score.
VRT
Vertiv Holdings Co
VRT has the edge over BW overall, supported by stronger valuation and lower modeled downside.
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.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
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.
VRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $210 | — |
| Current | 39x | $210 | — |
| Cheap | 58x | $308 | +47% |
| Fair | 72x | $383 | +83% |
| Expensive | 88x | $472 | +125% |
Historical ranges are pointers, not guarantees.
VRT's PE is in its cheap range at 39x. If earnings grow as analysts expect, today's price would be 23x next year's earnings.
BW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect BW to return to profit, with revenue growing.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect strong earnings and revenue growth for VRT, with profitability improving.
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 is still losing money, but far less than before: $0.40 per share over the past year, against $2.43 at its worst in early 2024.
VRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.14 | +71% |
| Q3 2026 | $5.35 | +102% |
| Q2 2026 | $4.42 | +111% |
| Q1 2026 | $3.98 | +131% |
| Q4 2025 | $3.41 | +166% |
| Q3 2025 | $2.65 | +75% |
| Q2 2025 | $2.09 | +62% |
| Q1 2025 | $1.72 | +64% |
| Q4 2024 | $1.28 | +7.6% |
VRT has the edge over BW on earnings quality, reporting a profit while its opponent remains loss making.
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's operating margin was 4.7% last quarter, about level with the same quarter a year ago.
VRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.3B | +61% |
| Q2 2026 | $3.3B | +24% |
| Q1 2026 | $2.6B | +30% |
| Q4 2025 | $2.9B | +23% |
| Q3 2025 | $2.7B | +29% |
| Q2 2025 | $2.6B | +35% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +26% |
VRT has the edge over BW on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +3.5 points |
| Q2 2026 | 19% | +2.7 points |
| Q1 2026 | 17% | +2.3 points |
| Q4 2025 | 20% | +0.7 points |
| Q3 2025 | 19% | +1.4 points |
| Q2 2025 | 17% | -0.4 points |
| Q1 2025 | 14% | +1.9 points |
| Q4 2024 | 19% | +4.2 points |
VRT has the edge over BW on profitability, with a higher operating margin.
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 burned cash in most quarters: −$156M over the past year, against −$102M the year before.
VRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $654.9M | +41% |
| Q2 2026 | $926.5M | +233% |
| Q1 2026 | $654.2M | +145% |
| Q4 2025 | $885.6M | +143% |
| Q3 2025 | $463.5M | +36% |
| Q2 2025 | $277.9M | -19% |
| Q1 2025 | $266.8M | +162% |
| Q4 2024 | $364.5M | +18% |
VRT has the edge over BW on cash generation, producing positive trailing cash flow while its opponent burns cash.
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 159M diluted shares, up 61% from a year ago.
| 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 |
VRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -64.9K shares |
| 1 year | +0.4% | +1.8M shares |
| 3 years | +1.1% | +4.4M shares |
| 5 years | +10% | +36M shares |
| Available history | +63% | +152M shares |
VRT has the edge over BW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $599.9M |
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 the edge over VRT on leverage, with a lower net debt burden relative to earnings.
VRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 1.0x | Healthy |
VRT has more cash than debt.
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).
VRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 26.4 | Neutral |
VRT's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
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.
VRT PE vs Industrials Sector
| Metric | VRT | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 24x | 63% above |
| PE % | 3 | 58 | 55 pts below |
VRT is trading at 39x earnings, a 63% premium to the Industrials sector's median of 24x.
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's trend is mixed: it's above two of its five weekly moving averages, and 5% above its 200-week average.
VRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.8 | 5.5% below |
| 20 week MA | $254.4 | 18% below |
| 50 week MA | $253.9 | 17% below |
| 100 week MA | $189.1 | 11% above |
| 200 week MA | $123.5 | 70% above |
VRT has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 70% above 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.
VRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $18.9 | +73% |
| 2021 | $18.9 | $24.9 | +31% |
| 2022 | $24.9 | $12.8 | -48% |
| 2023 | $12.8 | $48.0 | +275% |
| 2024 | $48.0 | $115.1 | +140% |
| 2025 | $115.1 | $167.6 | +46% |
| 2026 YTD | $167.6 | $209.6 | +25% |
VRT has the edge over BW on returns for 2026, with the stronger performance.