vs

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

GERMAN AMERICAN BANCORP, INC. is the larger business by last-quarter revenue ($126.7M vs $113.4M, roughly 1.1× Babcock & Wilcox Enterprises, Inc.). On growth, GERMAN AMERICAN BANCORP, INC. posted the faster year-over-year revenue change (39.7% vs 0.6%). GERMAN AMERICAN BANCORP, INC. produced more free cash flow last quarter ($154.0M vs $-7.2M). Over the past eight quarters, GERMAN AMERICAN BANCORP, INC.'s revenue compounded faster (22.7% 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.

American Express Company or Amex is an American bank holding company and multinational financial services corporation that specializes in payment cards. It is headquartered at 200 Vesey Street, also known as American Express Tower, in the Battery Park City neighborhood of Lower Manhattan.

BW vs GABC — Head-to-Head

Bigger by revenue
GABC
GABC
1.1× larger
GABC
$126.7M
$113.4M
BW
Growing faster (revenue YoY)
GABC
GABC
+39.1% gap
GABC
39.7%
0.6%
BW
More free cash flow
GABC
GABC
$161.2M more FCF
GABC
$154.0M
$-7.2M
BW
Faster 2-yr revenue CAGR
GABC
GABC
Annualised
GABC
22.7%
-16.9%
BW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BW
BW
GABC
GABC
Revenue
$113.4M
$126.7M
Net Profit
$35.7M
Gross Margin
20.6%
Operating Margin
0.2%
34.6%
Net Margin
28.2%
Revenue YoY
0.6%
39.7%
Net Profit YoY
53.7%
EPS (diluted)
$0.11
$0.98

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
GABC
GABC
Q4 25
$113.4M
$126.7M
Q3 25
$149.0M
$126.5M
Q2 25
$144.1M
$123.2M
Q1 25
$181.2M
$111.1M
Q4 24
$112.7M
$90.7M
Q3 24
$152.6M
$88.5M
Q2 24
$151.4M
$90.5M
Q1 24
$164.3M
$84.1M
Net Profit
BW
BW
GABC
GABC
Q4 25
$35.7M
Q3 25
$35.1M
$35.1M
Q2 25
$-58.5M
$31.4M
Q1 25
$-22.0M
$10.5M
Q4 24
$-63.1M
$23.2M
Q3 24
$-5.3M
$21.0M
Q2 24
$25.4M
$20.5M
Q1 24
$-16.8M
$19.0M
Gross Margin
BW
BW
GABC
GABC
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
GABC
GABC
Q4 25
0.2%
34.6%
Q3 25
4.4%
34.6%
Q2 25
5.6%
31.8%
Q1 25
3.2%
12.0%
Q4 24
-8.1%
31.6%
Q3 24
1.0%
29.0%
Q2 24
-2.9%
29.4%
Q1 24
3.5%
27.6%
Net Margin
BW
BW
GABC
GABC
Q4 25
28.2%
Q3 25
23.5%
27.7%
Q2 25
-40.6%
25.5%
Q1 25
-12.1%
9.5%
Q4 24
-56.0%
25.6%
Q3 24
-3.5%
23.8%
Q2 24
16.8%
22.7%
Q1 24
-10.2%
22.6%
EPS (diluted)
BW
BW
GABC
GABC
Q4 25
$0.11
$0.98
Q3 25
$0.30
$0.94
Q2 25
$-0.63
$0.84
Q1 25
$-0.26
$0.30
Q4 24
$-0.73
$0.79
Q3 24
$-0.10
$0.71
Q2 24
$0.24
$0.69
Q1 24
$-0.23
$0.64

Balance Sheet & Financial Strength

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

Metric
BW
BW
GABC
GABC
Cash + ST InvestmentsLiquidity on hand
$89.5M
Total DebtLower is stronger
$100.0M
Stockholders' EquityBook value
$-131.5M
$1.2B
Total Assets
$662.9M
$8.4B
Debt / EquityLower = less leverage
0.09×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BW
BW
GABC
GABC
Q4 25
$89.5M
Q3 25
$25.2M
Q2 25
$23.4M
Q1 25
$23.5M
Q4 24
$26.9M
Q3 24
$30.6M
Q2 24
$95.5M
Q1 24
$43.9M
Total Debt
BW
BW
GABC
GABC
Q4 25
$100.0M
Q3 25
Q2 25
Q1 25
Q4 24
$114.6M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BW
BW
GABC
GABC
Q4 25
$-131.5M
$1.2B
Q3 25
$-232.2M
$1.1B
Q2 25
$-309.2M
$1.1B
Q1 25
$-303.0M
$1.0B
Q4 24
$-283.8M
$715.1M
Q3 24
$-203.7M
$744.6M
Q2 24
$-198.9M
$687.8M
Q1 24
$-223.0M
$655.3M
Total Assets
BW
BW
GABC
GABC
Q4 25
$662.9M
$8.4B
Q3 25
$657.9M
$8.4B
Q2 25
$703.5M
$8.3B
Q1 25
$719.7M
$8.4B
Q4 24
$727.0M
$6.3B
Q3 24
$804.6M
$6.3B
Q2 24
$849.1M
$6.2B
Q1 24
$795.5M
$6.1B
Debt / Equity
BW
BW
GABC
GABC
Q4 25
0.09×
Q3 25
Q2 25
Q1 25
Q4 24
0.16×
Q3 24
Q2 24
Q1 24

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
GABC
GABC
Operating Cash FlowLast quarter
$-3.0M
$159.3M
Free Cash FlowOCF − Capex
$-7.2M
$154.0M
FCF MarginFCF / Revenue
-6.3%
121.6%
Capex IntensityCapex / Revenue
3.7%
4.2%
Cash ConversionOCF / Net Profit
4.46×
TTM Free Cash FlowTrailing 4 quarters
$-85.7M
$267.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BW
BW
GABC
GABC
Q4 25
$-3.0M
$159.3M
Q3 25
$-32.1M
$51.8M
Q2 25
$-25.3M
$26.9M
Q1 25
$-8.5M
$37.9M
Q4 24
$-22.5M
$95.8M
Q3 24
$-69.5M
$24.5M
Q2 24
$-11.8M
$18.7M
Q1 24
$-14.9M
$23.9M
Free Cash Flow
BW
BW
GABC
GABC
Q4 25
$-7.2M
$154.0M
Q3 25
$-37.6M
$50.1M
Q2 25
$-28.1M
$26.2M
Q1 25
$-12.8M
$36.7M
Q4 24
$-23.6M
$90.7M
Q3 24
$-71.6M
$23.0M
Q2 24
$-16.4M
$17.0M
Q1 24
$-18.3M
$22.6M
FCF Margin
BW
BW
GABC
GABC
Q4 25
-6.3%
121.6%
Q3 25
-25.3%
39.6%
Q2 25
-19.5%
21.2%
Q1 25
-7.1%
33.0%
Q4 24
-20.9%
100.1%
Q3 24
-46.9%
26.0%
Q2 24
-10.8%
18.8%
Q1 24
-11.2%
26.9%
Capex Intensity
BW
BW
GABC
GABC
Q4 25
3.7%
4.2%
Q3 25
3.7%
1.3%
Q2 25
1.9%
0.6%
Q1 25
2.4%
1.1%
Q4 24
1.0%
5.6%
Q3 24
1.4%
1.7%
Q2 24
3.0%
1.8%
Q1 24
2.1%
1.5%
Cash Conversion
BW
BW
GABC
GABC
Q4 25
4.46×
Q3 25
-0.92×
1.48×
Q2 25
0.86×
Q1 25
3.61×
Q4 24
4.13×
Q3 24
1.16×
Q2 24
-0.46×
0.91×
Q1 24
1.25×

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%

GABC
GABC

Segment breakdown not available.

Related Comparisons