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Side-by-side financial comparison of Babcock & Wilcox Enterprises, Inc. (BW) and Metropolitan Bank Holding Corp. (MCB). 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 $88.5M, roughly 1.3× Metropolitan Bank Holding Corp.). On growth, Metropolitan Bank Holding Corp. posted the faster year-over-year revenue change (25.4% vs 0.6%). Over the past eight quarters, Metropolitan Bank Holding Corp.'s revenue compounded faster (14.3% 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.

Sandy Spring Bancorp, Inc. was a bank holding company headquartered in Olney, Maryland and operating in the Washington metropolitan area. In addition to banking services, the company offered commercial and personal lines of insurance, surety bonds, workers compensation insurance, and professional liability insurance protection as well as financial planning, wealth management, and asset management for high-net-worth individuals, businesses, and associations. In April 2025, the company was acqu...

BW vs MCB — Head-to-Head

Bigger by revenue
BW
BW
1.3× larger
BW
$113.4M
$88.5M
MCB
Growing faster (revenue YoY)
MCB
MCB
+24.7% gap
MCB
25.4%
0.6%
BW
Faster 2-yr revenue CAGR
MCB
MCB
Annualised
MCB
14.3%
-16.9%
BW

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BW
BW
MCB
MCB
Revenue
$113.4M
$88.5M
Net Profit
$31.4M
Gross Margin
20.6%
Operating Margin
0.2%
Net Margin
35.5%
Revenue YoY
0.6%
25.4%
Net Profit YoY
92.2%
EPS (diluted)
$0.11
$2.92

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
MCB
MCB
Q1 26
$88.5M
Q4 25
$113.4M
$88.4M
Q3 25
$149.0M
$79.8M
Q2 25
$144.1M
$76.3M
Q1 25
$181.2M
$70.6M
Q4 24
$112.7M
$71.0M
Q3 24
$152.6M
$71.5M
Q2 24
$151.4M
$67.7M
Net Profit
BW
BW
MCB
MCB
Q1 26
$31.4M
Q4 25
$28.9M
Q3 25
$35.1M
$7.1M
Q2 25
$-58.5M
$18.8M
Q1 25
$-22.0M
$16.4M
Q4 24
$-63.1M
$21.4M
Q3 24
$-5.3M
$12.3M
Q2 24
$25.4M
$16.8M
Gross Margin
BW
BW
MCB
MCB
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
MCB
MCB
Q1 26
Q4 25
0.2%
46.6%
Q3 25
4.4%
12.8%
Q2 25
5.6%
35.1%
Q1 25
3.2%
33.1%
Q4 24
-8.1%
44.1%
Q3 24
1.0%
24.6%
Q2 24
-2.9%
35.3%
Net Margin
BW
BW
MCB
MCB
Q1 26
35.5%
Q4 25
32.6%
Q3 25
23.5%
8.9%
Q2 25
-40.6%
24.6%
Q1 25
-12.1%
23.2%
Q4 24
-56.0%
30.2%
Q3 24
-3.5%
17.2%
Q2 24
16.8%
24.8%
EPS (diluted)
BW
BW
MCB
MCB
Q1 26
$2.92
Q4 25
$0.11
$2.74
Q3 25
$0.30
$0.67
Q2 25
$-0.63
$1.76
Q1 25
$-0.26
$1.45
Q4 24
$-0.73
$1.89
Q3 24
$-0.10
$1.08
Q2 24
$0.24
$1.50

Balance Sheet & Financial Strength

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

Metric
BW
BW
MCB
MCB
Cash + ST InvestmentsLiquidity on hand
$89.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$-131.5M
$948.3M
Total Assets
$662.9M
$8.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BW
BW
MCB
MCB
Q1 26
Q4 25
$89.5M
$393.6M
Q3 25
$25.2M
$385.9M
Q2 25
$23.4M
$152.5M
Q1 25
$23.5M
$196.5M
Q4 24
$26.9M
$200.3M
Q3 24
$30.6M
$318.5M
Q2 24
$95.5M
$244.7M
Stockholders' Equity
BW
BW
MCB
MCB
Q1 26
$948.3M
Q4 25
$-131.5M
$743.1M
Q3 25
$-232.2M
$732.0M
Q2 25
$-309.2M
$723.0M
Q1 25
$-303.0M
$737.8M
Q4 24
$-283.8M
$729.8M
Q3 24
$-203.7M
$715.2M
Q2 24
$-198.9M
$692.4M
Total Assets
BW
BW
MCB
MCB
Q1 26
$8.8B
Q4 25
$662.9M
$8.3B
Q3 25
$657.9M
$8.2B
Q2 25
$703.5M
$7.9B
Q1 25
$719.7M
$7.6B
Q4 24
$727.0M
$7.3B
Q3 24
$804.6M
$7.4B
Q2 24
$849.1M
$7.3B

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
MCB
MCB
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
MCB
MCB
Q1 26
Q4 25
$-3.0M
$88.7M
Q3 25
$-32.1M
$31.8M
Q2 25
$-25.3M
$18.4M
Q1 25
$-8.5M
$7.8M
Q4 24
$-22.5M
$148.5M
Q3 24
$-69.5M
$4.8M
Q2 24
$-11.8M
$35.3M
Free Cash Flow
BW
BW
MCB
MCB
Q1 26
Q4 25
$-7.2M
Q3 25
$-37.6M
Q2 25
$-28.1M
Q1 25
$-12.8M
Q4 24
$-23.6M
Q3 24
$-71.6M
Q2 24
$-16.4M
FCF Margin
BW
BW
MCB
MCB
Q1 26
Q4 25
-6.3%
Q3 25
-25.3%
Q2 25
-19.5%
Q1 25
-7.1%
Q4 24
-20.9%
Q3 24
-46.9%
Q2 24
-10.8%
Capex Intensity
BW
BW
MCB
MCB
Q1 26
Q4 25
3.7%
Q3 25
3.7%
Q2 25
1.9%
Q1 25
2.4%
Q4 24
1.0%
Q3 24
1.4%
Q2 24
3.0%
Cash Conversion
BW
BW
MCB
MCB
Q1 26
Q4 25
3.07×
Q3 25
-0.92×
4.47×
Q2 25
0.98×
Q1 25
0.47×
Q4 24
6.93×
Q3 24
0.39×
Q2 24
-0.46×
2.10×

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%

MCB
MCB

Segment breakdown not available.

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