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Side-by-side financial comparison of Babcock & Wilcox Enterprises, Inc. (BW) and BYLINE BANCORP, INC. (BY). Click either name above to swap in a different company.

Babcock & Wilcox Enterprises, Inc. is the larger business by last-quarter revenue ($113.4M vs $112.4M, roughly 1.0× BYLINE BANCORP, INC.). On growth, BYLINE BANCORP, INC. posted the faster year-over-year revenue change (9.0% vs 0.6%). Over the past eight quarters, BYLINE BANCORP, INC.'s revenue compounded faster (6.4% CAGR vs -16.9%).

Babcock & Wilcox Enterprises, Inc. is an American energy technology and service provider that is active and has operations in many international markets with its headquarters in Akron, Ohio. Historically, the company is best known for their steam boilers.

Byline Bank is a bank headquartered in Chicago, Illinois, United States. It is the primary subsidiary of Byline Bancorp, Inc., a bank holding company, and the 4th largest SBA 7(a) lender.

BW vs BY — Head-to-Head

Bigger by revenue
BW
BW
1.0× larger
BW
$113.4M
$112.4M
BY
Growing faster (revenue YoY)
BY
BY
+8.4% gap
BY
9.0%
0.6%
BW
Faster 2-yr revenue CAGR
BY
BY
Annualised
BY
6.4%
-16.9%
BW

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BW
BW
BY
BY
Revenue
$113.4M
$112.4M
Net Profit
$37.6M
Gross Margin
20.6%
Operating Margin
0.2%
Net Margin
33.4%
Revenue YoY
0.6%
9.0%
Net Profit YoY
33.0%
EPS (diluted)
$0.11
$0.83

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BW
BW
BY
BY
Q1 26
$112.4M
Q4 25
$113.4M
$117.0M
Q3 25
$149.0M
$115.7M
Q2 25
$144.1M
$110.5M
Q1 25
$181.2M
$103.1M
Q4 24
$112.7M
$104.7M
Q3 24
$152.6M
$101.8M
Q2 24
$151.4M
$99.4M
Net Profit
BW
BW
BY
BY
Q1 26
$37.6M
Q4 25
$34.5M
Q3 25
$35.1M
$37.2M
Q2 25
$-58.5M
$30.1M
Q1 25
$-22.0M
$28.2M
Q4 24
$-63.1M
$30.3M
Q3 24
$-5.3M
$30.3M
Q2 24
$25.4M
$29.7M
Gross Margin
BW
BW
BY
BY
Q1 26
Q4 25
20.6%
Q3 25
24.9%
Q2 25
30.0%
Q1 25
22.1%
Q4 24
16.7%
Q3 24
23.7%
Q2 24
21.8%
Operating Margin
BW
BW
BY
BY
Q1 26
Q4 25
0.2%
40.1%
Q3 25
4.4%
43.1%
Q2 25
5.6%
35.2%
Q1 25
3.2%
36.4%
Q4 24
-8.1%
38.6%
Q3 24
1.0%
39.3%
Q2 24
-2.9%
40.4%
Net Margin
BW
BW
BY
BY
Q1 26
33.4%
Q4 25
34.1%
Q3 25
23.5%
32.1%
Q2 25
-40.6%
27.2%
Q1 25
-12.1%
27.4%
Q4 24
-56.0%
34.3%
Q3 24
-3.5%
29.8%
Q2 24
16.8%
29.9%
EPS (diluted)
BW
BW
BY
BY
Q1 26
$0.83
Q4 25
$0.11
$0.77
Q3 25
$0.30
$0.82
Q2 25
$-0.63
$0.66
Q1 25
$-0.26
$0.64
Q4 24
$-0.73
$0.68
Q3 24
$-0.10
$0.69
Q2 24
$0.24
$0.68

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BW
BW
BY
BY
Cash + ST InvestmentsLiquidity on hand
$89.5M
$198.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$-131.5M
$1.3B
Total Assets
$662.9M
$9.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BW
BW
BY
BY
Q1 26
$198.4M
Q4 25
$89.5M
$149.1M
Q3 25
$25.2M
$259.0M
Q2 25
$23.4M
$218.3M
Q1 25
$23.5M
$421.3M
Q4 24
$26.9M
$563.1M
Q3 24
$30.6M
$452.6M
Q2 24
$95.5M
$730.5M
Stockholders' Equity
BW
BW
BY
BY
Q1 26
$1.3B
Q4 25
$-131.5M
$1.3B
Q3 25
$-232.2M
$1.2B
Q2 25
$-309.2M
$1.2B
Q1 25
$-303.0M
$1.1B
Q4 24
$-283.8M
$1.1B
Q3 24
$-203.7M
$1.1B
Q2 24
$-198.9M
$1.0B
Total Assets
BW
BW
BY
BY
Q1 26
$9.9B
Q4 25
$662.9M
$9.7B
Q3 25
$657.9M
$9.8B
Q2 25
$703.5M
$9.7B
Q1 25
$719.7M
$9.6B
Q4 24
$727.0M
$9.5B
Q3 24
$804.6M
$9.4B
Q2 24
$849.1M
$9.6B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BW
BW
BY
BY
Operating Cash FlowLast quarter
$-3.0M
Free Cash FlowOCF − Capex
$-7.2M
FCF MarginFCF / Revenue
-6.3%
Capex IntensityCapex / Revenue
3.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-85.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BW
BW
BY
BY
Q1 26
Q4 25
$-3.0M
$140.3M
Q3 25
$-32.1M
$38.3M
Q2 25
$-25.3M
$16.3M
Q1 25
$-8.5M
$27.1M
Q4 24
$-22.5M
$175.2M
Q3 24
$-69.5M
$19.8M
Q2 24
$-11.8M
$40.1M
Free Cash Flow
BW
BW
BY
BY
Q1 26
Q4 25
$-7.2M
$136.3M
Q3 25
$-37.6M
$38.0M
Q2 25
$-28.1M
$15.2M
Q1 25
$-12.8M
$25.0M
Q4 24
$-23.6M
$171.2M
Q3 24
$-71.6M
$19.1M
Q2 24
$-16.4M
$39.4M
FCF Margin
BW
BW
BY
BY
Q1 26
Q4 25
-6.3%
116.5%
Q3 25
-25.3%
32.8%
Q2 25
-19.5%
13.7%
Q1 25
-7.1%
24.3%
Q4 24
-20.9%
163.5%
Q3 24
-46.9%
18.8%
Q2 24
-10.8%
39.7%
Capex Intensity
BW
BW
BY
BY
Q1 26
Q4 25
3.7%
3.4%
Q3 25
3.7%
0.3%
Q2 25
1.9%
1.0%
Q1 25
2.4%
2.0%
Q4 24
1.0%
3.8%
Q3 24
1.4%
0.6%
Q2 24
3.0%
0.7%
Cash Conversion
BW
BW
BY
BY
Q1 26
Q4 25
4.06×
Q3 25
-0.92×
1.03×
Q2 25
0.54×
Q1 25
0.96×
Q4 24
5.78×
Q3 24
0.65×
Q2 24
-0.46×
1.35×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BW
BW

Construction$98.8M87%
Other$14.6M13%

BY
BY

Segment breakdown not available.

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