vs

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

Mirum Pharmaceuticals, Inc. is the larger business by last-quarter revenue ($148.9M vs $113.4M, roughly 1.3× Babcock & Wilcox Enterprises, Inc.). On growth, Mirum Pharmaceuticals, Inc. posted the faster year-over-year revenue change (49.8% vs 0.6%). Mirum Pharmaceuticals, Inc. produced more free cash flow last quarter ($5.5M vs $-7.2M). Over the past eight quarters, Mirum Pharmaceuticals, Inc.'s revenue compounded faster (46.7% 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.

Mirum Pharmaceuticals, Inc. is a late-stage biopharmaceutical company focused on developing and commercializing innovative therapies for patients with rare, debilitating liver diseases that have high unmet medical needs, serving both pediatric and adult patient groups across North America, Europe and other global regions.

BW vs MIRM — Head-to-Head

Bigger by revenue
MIRM
MIRM
1.3× larger
MIRM
$148.9M
$113.4M
BW
Growing faster (revenue YoY)
MIRM
MIRM
+49.2% gap
MIRM
49.8%
0.6%
BW
More free cash flow
MIRM
MIRM
$12.6M more FCF
MIRM
$5.5M
$-7.2M
BW
Faster 2-yr revenue CAGR
MIRM
MIRM
Annualised
MIRM
46.7%
-16.9%
BW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BW
BW
MIRM
MIRM
Revenue
$113.4M
$148.9M
Net Profit
$-5.7M
Gross Margin
20.6%
Operating Margin
0.2%
-3.1%
Net Margin
-3.8%
Revenue YoY
0.6%
49.8%
Net Profit YoY
75.9%
EPS (diluted)
$0.11
$-0.10

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
MIRM
MIRM
Q4 25
$113.4M
$148.9M
Q3 25
$149.0M
$133.0M
Q2 25
$144.1M
$127.8M
Q1 25
$181.2M
$111.6M
Q4 24
$112.7M
$99.4M
Q3 24
$152.6M
$90.4M
Q2 24
$151.4M
$77.9M
Q1 24
$164.3M
$69.2M
Net Profit
BW
BW
MIRM
MIRM
Q4 25
$-5.7M
Q3 25
$35.1M
$2.9M
Q2 25
$-58.5M
$-5.9M
Q1 25
$-22.0M
$-14.7M
Q4 24
$-63.1M
$-23.8M
Q3 24
$-5.3M
$-14.2M
Q2 24
$25.4M
$-24.6M
Q1 24
$-16.8M
$-25.3M
Gross Margin
BW
BW
MIRM
MIRM
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
MIRM
MIRM
Q4 25
0.2%
-3.1%
Q3 25
4.4%
2.0%
Q2 25
5.6%
-3.9%
Q1 25
3.2%
-13.6%
Q4 24
-8.1%
-24.4%
Q3 24
1.0%
-14.0%
Q2 24
-2.9%
-31.1%
Q1 24
3.5%
-38.2%
Net Margin
BW
BW
MIRM
MIRM
Q4 25
-3.8%
Q3 25
23.5%
2.2%
Q2 25
-40.6%
-4.6%
Q1 25
-12.1%
-13.2%
Q4 24
-56.0%
-23.9%
Q3 24
-3.5%
-15.8%
Q2 24
16.8%
-31.6%
Q1 24
-10.2%
-36.5%
EPS (diluted)
BW
BW
MIRM
MIRM
Q4 25
$0.11
$-0.10
Q3 25
$0.30
$0.05
Q2 25
$-0.63
$-0.12
Q1 25
$-0.26
$-0.30
Q4 24
$-0.73
$-0.49
Q3 24
$-0.10
$-0.30
Q2 24
$0.24
$-0.52
Q1 24
$-0.23
$-0.54

Balance Sheet & Financial Strength

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

Metric
BW
BW
MIRM
MIRM
Cash + ST InvestmentsLiquidity on hand
$89.5M
$383.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$-131.5M
$314.7M
Total Assets
$662.9M
$842.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BW
BW
MIRM
MIRM
Q4 25
$89.5M
$383.3M
Q3 25
$25.2M
$375.5M
Q2 25
$23.4M
$304.6M
Q1 25
$23.5M
$277.7M
Q4 24
$26.9M
$280.3M
Q3 24
$30.6M
$284.4M
Q2 24
$95.5M
$278.4M
Q1 24
$43.9M
$302.8M
Stockholders' Equity
BW
BW
MIRM
MIRM
Q4 25
$-131.5M
$314.7M
Q3 25
$-232.2M
$292.0M
Q2 25
$-309.2M
$255.2M
Q1 25
$-303.0M
$233.3M
Q4 24
$-283.8M
$225.6M
Q3 24
$-203.7M
$232.0M
Q2 24
$-198.9M
$229.0M
Q1 24
$-223.0M
$234.6M
Total Assets
BW
BW
MIRM
MIRM
Q4 25
$662.9M
$842.8M
Q3 25
$657.9M
$785.1M
Q2 25
$703.5M
$725.8M
Q1 25
$719.7M
$690.2M
Q4 24
$727.0M
$670.8M
Q3 24
$804.6M
$667.9M
Q2 24
$849.1M
$660.8M
Q1 24
$795.5M
$652.0M

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
MIRM
MIRM
Operating Cash FlowLast quarter
$-3.0M
$6.1M
Free Cash FlowOCF − Capex
$-7.2M
$5.5M
FCF MarginFCF / Revenue
-6.3%
3.7%
Capex IntensityCapex / Revenue
3.7%
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-85.7M
$54.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BW
BW
MIRM
MIRM
Q4 25
$-3.0M
$6.1M
Q3 25
$-32.1M
$39.7M
Q2 25
$-25.3M
$12.0M
Q1 25
$-8.5M
$-2.0M
Q4 24
$-22.5M
$-5.1M
Q3 24
$-69.5M
$4.0M
Q2 24
$-11.8M
$-3.8M
Q1 24
$-14.9M
$15.2M
Free Cash Flow
BW
BW
MIRM
MIRM
Q4 25
$-7.2M
$5.5M
Q3 25
$-37.6M
$39.5M
Q2 25
$-28.1M
$11.9M
Q1 25
$-12.8M
$-2.0M
Q4 24
$-23.6M
$-5.1M
Q3 24
$-71.6M
$3.8M
Q2 24
$-16.4M
$-4.6M
Q1 24
$-18.3M
$15.2M
FCF Margin
BW
BW
MIRM
MIRM
Q4 25
-6.3%
3.7%
Q3 25
-25.3%
29.7%
Q2 25
-19.5%
9.3%
Q1 25
-7.1%
-1.8%
Q4 24
-20.9%
-5.1%
Q3 24
-46.9%
4.2%
Q2 24
-10.8%
-5.9%
Q1 24
-11.2%
22.0%
Capex Intensity
BW
BW
MIRM
MIRM
Q4 25
3.7%
0.4%
Q3 25
3.7%
0.1%
Q2 25
1.9%
0.1%
Q1 25
2.4%
0.0%
Q4 24
1.0%
0.0%
Q3 24
1.4%
0.2%
Q2 24
3.0%
1.0%
Q1 24
2.1%
0.0%
Cash Conversion
BW
BW
MIRM
MIRM
Q4 25
Q3 25
-0.92×
13.66×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
-0.46×
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%

MIRM
MIRM

Livmarli$106.4M71%
Bile Acid Medicines$42.5M29%

Related Comparisons