Babcock & Wilcox Enterprises Debt-to-EBITDA Ratio Growth & History (BW)
Babcock & Wilcox Enterprises's debt-to-ebitda ratio was 1.54 for fiscal 2025.
View full Babcock & Wilcox Enterprises company overviewBabcock & Wilcox Enterprises annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.54 | −4.63 | −75.03% |
| 2024 | 2024-12-31 | 6.17 | −54.90 | −89.90% |
| 2023 | 2023-12-31 | 61.07 | 58.49 | +2270.31% |
| 2022 | 2022-12-31 | 2.58 | 0.92 | +55.78% |
| 2021 | 2021-12-31 | 1.65 | −13.27 | −88.92% |
| 2020 | 2020-12-31 | 14.93 | — | — |
| 2015 | 2015-12-31 | 0.04 | — | — |
Babcock & Wilcox Enterprises quarterly debt-to-ebitda ratio
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.25 | −2.84 | −69.39% |
| Q1 2026 | 2026-03-31 | 1.48 | −140.38 | −98.96% |
| Q4 2025 | 2025-12-31 | 1.54 | −4.63 | −75.03% |
| Q3 2025 | 2025-09-30 | 2.93 | — | — |
| Q2 2025 | 2025-06-30 | 4.10 | — | — |
| Q1 2025 | 2025-03-31 | 141.87 | 130.09 | +1105.17% |
| Q4 2024 | 2024-12-31 | 6.17 | −54.90 | −89.90% |
| Q1 2024 | 2024-03-31 | 11.77 | 9.85 | +511.50% |
| Q4 2023 | 2023-12-31 | 61.07 | 58.49 | +2270.31% |
| Q3 2023 | 2023-09-30 | 1.11 | −1.71 | −60.68% |
| Q2 2023 | 2023-06-30 | 1.48 | 0.02 | +1.65% |
| Q1 2023 | 2023-03-31 | 1.93 | 0.35 | +22.55% |
| Q4 2022 | 2022-12-31 | 2.58 | 0.92 | +55.78% |
| Q3 2022 | 2022-09-30 | 2.81 | −5.29 | −65.29% |
| Q2 2022 | 2022-06-30 | 1.46 | −5.80 | −79.95% |
| Q1 2022 | 2022-03-31 | 1.57 | −9.06 | −85.22% |
| Q4 2021 | 2021-12-31 | 1.65 | −13.27 | −88.92% |
| Q3 2021 | 2021-09-30 | 8.11 | 6.31 | +350.72% |
| Q2 2021 | 2021-06-30 | 7.26 | 1.03 | +16.46% |
| Q1 2021 | 2021-03-31 | 10.63 | 7.22 | +211.84% |
| Q4 2020 | 2020-12-31 | 14.93 | — | — |
| Q3 2020 | 2020-09-30 | 1.80 | — | — |
| Q2 2020 | 2020-06-30 | 6.23 | — | — |
| Q1 2020 | 2020-03-31 | 3.41 | — | — |
| Q1 2016 | 2016-03-31 | 0.06 | — | — |
| Q4 2015 | 2015-12-31 | 0.04 | — | — |
Babcock & Wilcox Enterprises debt-to-ebitda ratio trends
Over the last five fiscal years, Babcock & Wilcox Enterprises's debt-to-ebitda ratio decreased from 14.93 to 1.54, a change of −13.39. The latest reported quarter, Q2 2026, shows 1.25.
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Babcock & Wilcox Enterprises source filings ↗Community posts
Babcock & Wilcox receives an early-work award for a roughly $130 million project
Babcock & Wilcox ($BW) received a limited notice to proceed on an air-quality project at a US coal-fired power plant with an estimated total value of approximately $130 million. The initial authorization covers activities including engineer ...