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Side-by-side financial comparison of Babcock & Wilcox Enterprises, Inc. (BW) and DigitalBridge Group, Inc. (DBRG). 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 $105.7M, roughly 1.1× DigitalBridge Group, Inc.). On growth, DigitalBridge Group, Inc. posted the faster year-over-year revenue change (4.1% vs 0.6%). DigitalBridge Group, Inc. produced more free cash flow last quarter ($258.0M vs $-7.2M). Over the past eight quarters, DigitalBridge Group, Inc.'s revenue compounded faster (19.2% 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.

DigitalBridge Group, Inc. is a global digital infrastructure investment firm. The company owns, invests in and operates businesses such as cell towers, data centers, fiber, small cells, and edge infrastructure. Headquartered in Boca Raton, DigitalBridge has offices in Los Angeles, New York, Denver, London, and Singapore. As of June 2025, DigitalBridge had US$106 billion of assets under management.

BW vs DBRG — Head-to-Head

Bigger by revenue
BW
BW
1.1× larger
BW
$113.4M
$105.7M
DBRG
Growing faster (revenue YoY)
DBRG
DBRG
+3.5% gap
DBRG
4.1%
0.6%
BW
More free cash flow
DBRG
DBRG
$265.1M more FCF
DBRG
$258.0M
$-7.2M
BW
Faster 2-yr revenue CAGR
DBRG
DBRG
Annualised
DBRG
19.2%
-16.9%
BW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BW
BW
DBRG
DBRG
Revenue
$113.4M
$105.7M
Net Profit
$65.1M
Gross Margin
20.6%
Operating Margin
0.2%
Net Margin
61.5%
Revenue YoY
0.6%
4.1%
Net Profit YoY
EPS (diluted)
$0.11
$0.28

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
DBRG
DBRG
Q4 25
$113.4M
$105.7M
Q3 25
$149.0M
$93.3M
Q2 25
$144.1M
$85.3M
Q1 25
$181.2M
$90.1M
Q4 24
$112.7M
$101.6M
Q3 24
$152.6M
$76.6M
Q2 24
$151.4M
$390.3M
Q1 24
$164.3M
$74.4M
Net Profit
BW
BW
DBRG
DBRG
Q4 25
$65.1M
Q3 25
$35.1M
$31.4M
Q2 25
$-58.5M
$31.6M
Q1 25
$-22.0M
$13.8M
Q4 24
$-63.1M
Q3 24
$-5.3M
$13.8M
Q2 24
$25.4M
$91.4M
Q1 24
$-16.8M
$-29.6M
Gross Margin
BW
BW
DBRG
DBRG
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%
Q1 24
23.6%
Operating Margin
BW
BW
DBRG
DBRG
Q4 25
0.2%
Q3 25
4.4%
-13.9%
Q2 25
5.6%
-31.2%
Q1 25
3.2%
-11.5%
Q4 24
-8.1%
5.7%
Q3 24
1.0%
62.4%
Q2 24
-2.9%
33.5%
Q1 24
3.5%
-20.7%
Net Margin
BW
BW
DBRG
DBRG
Q4 25
61.5%
Q3 25
23.5%
33.7%
Q2 25
-40.6%
37.1%
Q1 25
-12.1%
15.3%
Q4 24
-56.0%
Q3 24
-3.5%
18.0%
Q2 24
16.8%
23.4%
Q1 24
-10.2%
-39.8%
EPS (diluted)
BW
BW
DBRG
DBRG
Q4 25
$0.11
$0.28
Q3 25
$0.30
$0.09
Q2 25
$-0.63
$0.10
Q1 25
$-0.26
$-0.01
Q4 24
$-0.73
Q3 24
$-0.10
$-0.01
Q2 24
$0.24
$0.44
Q1 24
$-0.23
$-0.28

Balance Sheet & Financial Strength

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

Metric
BW
BW
DBRG
DBRG
Cash + ST InvestmentsLiquidity on hand
$89.5M
$382.5M
Total DebtLower is stronger
$298.8M
Stockholders' EquityBook value
$-131.5M
$2.1B
Total Assets
$662.9M
$3.4B
Debt / EquityLower = less leverage
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BW
BW
DBRG
DBRG
Q4 25
$89.5M
$382.5M
Q3 25
$25.2M
$358.4M
Q2 25
$23.4M
$340.7M
Q1 25
$23.5M
$349.9M
Q4 24
$26.9M
$302.2M
Q3 24
$30.6M
$294.4M
Q2 24
$95.5M
$261.2M
Q1 24
$43.9M
$247.4M
Total Debt
BW
BW
DBRG
DBRG
Q4 25
$298.8M
Q3 25
$327.9M
Q2 25
$298.0M
Q1 25
$296.9M
Q4 24
$296.4M
Q3 24
$295.8M
Q2 24
$295.3M
Q1 24
$366.5M
Stockholders' Equity
BW
BW
DBRG
DBRG
Q4 25
$-131.5M
$2.1B
Q3 25
$-232.2M
$2.1B
Q2 25
$-309.2M
$2.0B
Q1 25
$-303.0M
$2.0B
Q4 24
$-283.8M
$2.0B
Q3 24
$-203.7M
$2.0B
Q2 24
$-198.9M
$2.0B
Q1 24
$-223.0M
$1.8B
Total Assets
BW
BW
DBRG
DBRG
Q4 25
$662.9M
$3.4B
Q3 25
$657.9M
$3.5B
Q2 25
$703.5M
$3.4B
Q1 25
$719.7M
$3.4B
Q4 24
$727.0M
$3.5B
Q3 24
$804.6M
$3.5B
Q2 24
$849.1M
$3.5B
Q1 24
$795.5M
$3.5B
Debt / Equity
BW
BW
DBRG
DBRG
Q4 25
0.14×
Q3 25
0.16×
Q2 25
0.15×
Q1 25
0.15×
Q4 24
0.15×
Q3 24
0.15×
Q2 24
0.15×
Q1 24
0.20×

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
DBRG
DBRG
Operating Cash FlowLast quarter
$-3.0M
$259.3M
Free Cash FlowOCF − Capex
$-7.2M
$258.0M
FCF MarginFCF / Revenue
-6.3%
244.0%
Capex IntensityCapex / Revenue
3.7%
1.3%
Cash ConversionOCF / Net Profit
3.99×
TTM Free Cash FlowTrailing 4 quarters
$-85.7M
$440.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BW
BW
DBRG
DBRG
Q4 25
$-3.0M
$259.3M
Q3 25
$-32.1M
$56.5M
Q2 25
$-25.3M
$77.0M
Q1 25
$-8.5M
$50.3M
Q4 24
$-22.5M
$60.1M
Q3 24
$-69.5M
$35.9M
Q2 24
$-11.8M
$22.5M
Q1 24
$-14.9M
$-27.0M
Free Cash Flow
BW
BW
DBRG
DBRG
Q4 25
$-7.2M
$258.0M
Q3 25
$-37.6M
$56.1M
Q2 25
$-28.1M
$76.4M
Q1 25
$-12.8M
$50.0M
Q4 24
$-23.6M
$56.5M
Q3 24
$-71.6M
Q2 24
$-16.4M
$22.3M
Q1 24
$-18.3M
$-30.1M
FCF Margin
BW
BW
DBRG
DBRG
Q4 25
-6.3%
244.0%
Q3 25
-25.3%
60.2%
Q2 25
-19.5%
89.5%
Q1 25
-7.1%
55.5%
Q4 24
-20.9%
55.7%
Q3 24
-46.9%
Q2 24
-10.8%
5.7%
Q1 24
-11.2%
-40.4%
Capex Intensity
BW
BW
DBRG
DBRG
Q4 25
3.7%
1.3%
Q3 25
3.7%
0.4%
Q2 25
1.9%
0.7%
Q1 25
2.4%
0.3%
Q4 24
1.0%
3.5%
Q3 24
1.4%
0.0%
Q2 24
3.0%
0.1%
Q1 24
2.1%
4.1%
Cash Conversion
BW
BW
DBRG
DBRG
Q4 25
3.99×
Q3 25
-0.92×
1.80×
Q2 25
2.43×
Q1 25
3.65×
Q4 24
Q3 24
2.61×
Q2 24
-0.46×
0.25×
Q1 24

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%

DBRG
DBRG

Segment breakdown not available.

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