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

PARK NATIONAL CORP is the larger business by last-quarter revenue ($168.3M vs $113.4M, roughly 1.5× Babcock & Wilcox Enterprises, Inc.). On growth, PARK NATIONAL CORP posted the faster year-over-year revenue change (2.2% vs 0.6%). PARK NATIONAL CORP produced more free cash flow last quarter ($191.9M vs $-7.2M). Over the past eight quarters, PARK NATIONAL CORP's revenue compounded faster (4.9% 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.

National Retail Systems, Inc. (NRS) includes Keystone Freight Corp. & National Retail Transportation, Inc. (NRT). NRS is an asset based 3PL founded in 1952. It is headquartered in Lyndhurst, New Jersey, United States.

BW vs PRK — Head-to-Head

Bigger by revenue
PRK
PRK
1.5× larger
PRK
$168.3M
$113.4M
BW
Growing faster (revenue YoY)
PRK
PRK
+1.5% gap
PRK
2.2%
0.6%
BW
More free cash flow
PRK
PRK
$199.1M more FCF
PRK
$191.9M
$-7.2M
BW
Faster 2-yr revenue CAGR
PRK
PRK
Annualised
PRK
4.9%
-16.9%
BW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BW
BW
PRK
PRK
Revenue
$113.4M
$168.3M
Net Profit
$42.6M
Gross Margin
20.6%
Operating Margin
0.2%
Net Margin
25.3%
Revenue YoY
0.6%
2.2%
Net Profit YoY
10.4%
EPS (diluted)
$0.11
$2.62

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
PRK
PRK
Q4 25
$113.4M
$168.3M
Q3 25
$149.0M
$169.5M
Q2 25
$144.1M
$168.7M
Q1 25
$181.2M
$157.9M
Q4 24
$112.7M
$164.7M
Q3 24
$152.6M
$170.3M
Q2 24
$151.4M
$157.7M
Q1 24
$164.3M
$152.8M
Net Profit
BW
BW
PRK
PRK
Q4 25
$42.6M
Q3 25
$35.1M
$47.2M
Q2 25
$-58.5M
$48.1M
Q1 25
$-22.0M
$42.2M
Q4 24
$-63.1M
$38.6M
Q3 24
$-5.3M
$38.2M
Q2 24
$25.4M
$39.4M
Q1 24
$-16.8M
$35.2M
Gross Margin
BW
BW
PRK
PRK
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
PRK
PRK
Q4 25
0.2%
Q3 25
4.4%
34.3%
Q2 25
5.6%
35.2%
Q1 25
3.2%
32.4%
Q4 24
-8.1%
Q3 24
1.0%
27.4%
Q2 24
-2.9%
30.6%
Q1 24
3.5%
27.8%
Net Margin
BW
BW
PRK
PRK
Q4 25
25.3%
Q3 25
23.5%
27.8%
Q2 25
-40.6%
28.5%
Q1 25
-12.1%
26.7%
Q4 24
-56.0%
23.5%
Q3 24
-3.5%
22.4%
Q2 24
16.8%
25.0%
Q1 24
-10.2%
23.0%
EPS (diluted)
BW
BW
PRK
PRK
Q4 25
$0.11
$2.62
Q3 25
$0.30
$2.92
Q2 25
$-0.63
$2.97
Q1 25
$-0.26
$2.60
Q4 24
$-0.73
$2.38
Q3 24
$-0.10
$2.35
Q2 24
$0.24
$2.42
Q1 24
$-0.23
$2.17

Balance Sheet & Financial Strength

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

Metric
BW
BW
PRK
PRK
Cash + ST InvestmentsLiquidity on hand
$89.5M
$233.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$-131.5M
$1.4B
Total Assets
$662.9M
$9.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BW
BW
PRK
PRK
Q4 25
$89.5M
$233.5M
Q3 25
$25.2M
$218.9M
Q2 25
$23.4M
$193.1M
Q1 25
$23.5M
$237.6M
Q4 24
$26.9M
$160.6M
Q3 24
$30.6M
$201.7M
Q2 24
$95.5M
$261.5M
Q1 24
$43.9M
$306.1M
Stockholders' Equity
BW
BW
PRK
PRK
Q4 25
$-131.5M
$1.4B
Q3 25
$-232.2M
$1.3B
Q2 25
$-309.2M
$1.3B
Q1 25
$-303.0M
$1.3B
Q4 24
$-283.8M
$1.2B
Q3 24
$-203.7M
$1.2B
Q2 24
$-198.9M
$1.2B
Q1 24
$-223.0M
$1.2B
Total Assets
BW
BW
PRK
PRK
Q4 25
$662.9M
$9.8B
Q3 25
$657.9M
$9.9B
Q2 25
$703.5M
$9.9B
Q1 25
$719.7M
$9.9B
Q4 24
$727.0M
$9.8B
Q3 24
$804.6M
$9.9B
Q2 24
$849.1M
$9.9B
Q1 24
$795.5M
$9.9B

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
PRK
PRK
Operating Cash FlowLast quarter
$-3.0M
$198.3M
Free Cash FlowOCF − Capex
$-7.2M
$191.9M
FCF MarginFCF / Revenue
-6.3%
114.1%
Capex IntensityCapex / Revenue
3.7%
3.8%
Cash ConversionOCF / Net Profit
4.65×
TTM Free Cash FlowTrailing 4 quarters
$-85.7M
$328.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BW
BW
PRK
PRK
Q4 25
$-3.0M
$198.3M
Q3 25
$-32.1M
$52.6M
Q2 25
$-25.3M
$49.7M
Q1 25
$-8.5M
$37.9M
Q4 24
$-22.5M
$178.8M
Q3 24
$-69.5M
$43.8M
Q2 24
$-11.8M
$50.9M
Q1 24
$-14.9M
$35.0M
Free Cash Flow
BW
BW
PRK
PRK
Q4 25
$-7.2M
$191.9M
Q3 25
$-37.6M
$51.1M
Q2 25
$-28.1M
$48.4M
Q1 25
$-12.8M
$36.8M
Q4 24
$-23.6M
$169.7M
Q3 24
$-71.6M
$41.7M
Q2 24
$-16.4M
$49.0M
Q1 24
$-18.3M
$31.9M
FCF Margin
BW
BW
PRK
PRK
Q4 25
-6.3%
114.1%
Q3 25
-25.3%
30.1%
Q2 25
-19.5%
28.7%
Q1 25
-7.1%
23.3%
Q4 24
-20.9%
103.0%
Q3 24
-46.9%
24.5%
Q2 24
-10.8%
31.1%
Q1 24
-11.2%
20.8%
Capex Intensity
BW
BW
PRK
PRK
Q4 25
3.7%
3.8%
Q3 25
3.7%
0.9%
Q2 25
1.9%
0.8%
Q1 25
2.4%
0.7%
Q4 24
1.0%
5.6%
Q3 24
1.4%
1.2%
Q2 24
3.0%
1.2%
Q1 24
2.1%
2.1%
Cash Conversion
BW
BW
PRK
PRK
Q4 25
4.65×
Q3 25
-0.92×
1.11×
Q2 25
1.03×
Q1 25
0.90×
Q4 24
4.63×
Q3 24
1.14×
Q2 24
-0.46×
1.29×
Q1 24
0.99×

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%

PRK
PRK

Segment breakdown not available.

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