Babcock & Wilcox Enterprises annual free cash flow
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Babcock & Wilcox Enterprises Free Cash Flow (FCF) History (BW)
Babcock & Wilcox Enterprises reported −$85.7M in free cash flow for fiscal 2025, an increase of $44.3M from the previous fiscal year, with a free cash flow margin of −14.58%.
View full Babcock & Wilcox Enterprises company overviewBabcock & Wilcox Enterprises free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −$85.7M | $44.3M | — | −14.58% |
| 2024 | 2024-12-31 | −$129.9M | −$77.9M | — | −22.36% |
| 2023 | 2023-12-31 | −$52.1M | −$8.2M | — | −8.86% |
| 2022 | 2022-12-31 | −$43.9M | $74.0M | — | −7.20% |
| 2021 | 2021-12-31 | −$117.9M | −$68.8M | — | −16.58% |
| 2020 | 2020-12-31 | −$49.0M | $131.1M | — | −8.66% |
| 2019 | 2019-12-31 | −$180.1M | $107.2M | — | −20.97% |
| 2018 | 2018-12-31 | −$287.4M | −$83.2M | — | −27.05% |
| 2017 | 2017-12-31 | −$204.1M | −$183.9M | — | −15.22% |
| 2016 | 2016-12-31 | −$20.2M | −$155.2M | — | −1.42% |
| 2015 | 2015-12-31 | $135.0M | $174.7M | — | +7.68% |
| 2014 | 2014-12-31 | −$39.7M | −$44.5M | — | −2.67% |
| 2013 | 2013-12-31 | $4.8M | — | — | +0.27% |
Babcock & Wilcox Enterprises quarterly free cash flow
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Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$24.0M | $4.0M | — | −7.52% |
| Q1 2026 | 2026-03-31 | $10.7M | $23.5M | — | +4.97% |
| Q4 2025 | 2025-12-31 | −$7.2M | $16.4M | — | −4.74% |
| Q3 2025 | 2025-09-30 | −$37.6M | $34.0M | — | −25.25% |
| Q2 2025 | 2025-06-30 | −$28.1M | −$11.7M | — | −20.21% |
| Q1 2025 | 2025-03-31 | −$12.8M | $5.5M | — | −8.62% |
| Q4 2024 | 2024-12-31 | −$23.6M | −$31.1M | — | −20.94% |
| Q3 2024 | 2024-09-30 | −$71.6M | −$38.5M | — | −46.93% |
| Q2 2024 | 2024-06-30 | −$16.4M | −$3.6M | — | −10.82% |
| Q1 2024 | 2024-03-31 | −$18.3M | −$3.2M | — | −11.16% |
| Q4 2023 | 2023-12-31 | $7.5M | −$25.0M | −77.02% | — |
| Q3 2023 | 2023-09-30 | −$33.2M | −$23.2M | — | −13.86% |
| Q2 2023 | 2023-06-30 | −$12.8M | $10.6M | — | −4.38% |
| Q1 2023 | 2023-03-31 | −$15.1M | $27.9M | — | −6.25% |
| Q4 2022 | 2022-12-31 | $32.5M | $38.3M | — | — |
| Q3 2022 | 2022-09-30 | −$10.0M | $13.8M | — | −4.73% |
| Q2 2022 | 2022-06-30 | −$23.3M | $9.6M | — | −10.55% |
| Q1 2022 | 2022-03-31 | −$43.0M | $12.4M | — | −21.07% |
| Q4 2021 | 2021-12-31 | −$5.8M | −$26.4M | — | −3.24% |
| Q3 2021 | 2021-09-30 | −$23.8M | −$5.2M | — | −14.88% |
| Q2 2021 | 2021-06-30 | −$32.9M | −$18.3M | — | −16.21% |
| Q1 2021 | 2021-03-31 | −$55.4M | −$17.5M | — | −32.91% |
| Q4 2020 | 2020-12-31 | $20.5M | −$2.1M | −9.26% | +13.70% |
| Q3 2020 | 2020-09-30 | −$18.6M | −$9.3M | — | −14.02% |
| Q2 2020 | 2020-06-30 | −$14.6M | $140.9M | — | −10.77% |
| Q1 2020 | 2020-03-31 | −$37.9M | $129,000 | — | −25.48% |
| Q4 2019 | 2019-12-31 | $22.6M | $91.5M | — | +12.54% |
| Q3 2019 | 2019-09-30 | −$9.3M | $54.2M | — | −4.68% |
| Q2 2019 | 2019-06-30 | −$155.5M | −$88.5M | — | −62.66% |
| Q1 2019 | 2019-03-31 | −$38.0M | $50.1M | — | −16.38% |
| Q4 2018 | 2018-12-31 | −$68.8M | −$26.2M | — | −30.89% |
| Q3 2018 | 2018-09-30 | −$63.5M | $8.5M | — | −21.53% |
| Q2 2018 | 2018-06-30 | −$67.0M | −$56.7M | — | −22.98% |
| Q1 2018 | 2018-03-31 | −$88.0M | −$8.8M | — | −34.77% |
| Q4 2017 | 2017-12-31 | −$42.7M | −$82.6M | — | −12.92% |
| Q3 2017 | 2017-09-30 | −$72.0M | −$41.3M | — | −20.18% |
| Q2 2017 | 2017-06-30 | −$10.2M | −$22.8M | — | −3.33% |
| Q1 2017 | 2017-03-31 | −$79.2M | −$37.2M | — | −22.76% |
| Q4 2016 | 2016-12-31 | $40.0M | −$23.9M | −37.46% | +10.51% |
| Q3 2016 | 2016-09-30 | −$30.7M | −$61.4M | — | −7.47% |
| Q2 2016 | 2016-06-30 | $12.6M | $18.8M | — | +3.28% |
| Q1 2016 | 2016-03-31 | −$42.0M | −$88.6M | — | −10.39% |
| Q4 2015 | 2015-12-31 | $63.9M | — | — | +12.71% |
| Q3 2015 | 2015-09-30 | $30.7M | $81.2M | — | +7.31% |
| Q2 2015 | 2015-06-30 | −$6.2M | — | — | −1.43% |
| Q1 2015 | 2015-03-31 | $46.7M | — | — | +11.75% |
| Q3 2014 | 2014-09-30 | −$50.5M | — | — | −12.56% |
Babcock & Wilcox Enterprises free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from −$49.0M to −$85.7M, a net decrease of $36.6M. Babcock & Wilcox Enterprises's latest reported quarter, Q2 2026, generated −$24.0M in free cash flow, an increase of $4.0M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
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 ...
