vs

Side-by-side financial comparison of Babcock & Wilcox Enterprises, Inc. (BW) and TFS Financial CORP (TFSL). 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 $83.7M, roughly 1.4× TFS Financial CORP). On growth, TFS Financial CORP posted the faster year-over-year revenue change (11.9% vs 0.6%). TFS Financial CORP produced more free cash flow last quarter ($57.1M vs $-7.2M). Over the past eight quarters, TFS Financial CORP's revenue compounded faster (4.2% 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.

TFS Financial Corporation is a US-based financial holding company primarily operating through its retail banking subsidiary. It offers residential mortgage loans, savings accounts, and other consumer financial products, with its core customer base concentrated in Ohio and Florida, mainly serving individual and family clients.

BW vs TFSL — Head-to-Head

Bigger by revenue
BW
BW
1.4× larger
BW
$113.4M
$83.7M
TFSL
Growing faster (revenue YoY)
TFSL
TFSL
+11.3% gap
TFSL
11.9%
0.6%
BW
More free cash flow
TFSL
TFSL
$64.3M more FCF
TFSL
$57.1M
$-7.2M
BW
Faster 2-yr revenue CAGR
TFSL
TFSL
Annualised
TFSL
4.2%
-16.9%
BW

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BW
BW
TFSL
TFSL
Revenue
$113.4M
$83.7M
Net Profit
$22.3M
Gross Margin
20.6%
Operating Margin
0.2%
34.0%
Net Margin
26.6%
Revenue YoY
0.6%
11.9%
Net Profit YoY
-0.7%
EPS (diluted)
$0.11
$0.08

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
TFSL
TFSL
Q4 25
$113.4M
$83.7M
Q3 25
$149.0M
$85.5M
Q2 25
$144.1M
$82.0M
Q1 25
$181.2M
$79.1M
Q4 24
$112.7M
$74.8M
Q3 24
$152.6M
$75.1M
Q2 24
$151.4M
$75.5M
Q1 24
$164.3M
$77.1M
Net Profit
BW
BW
TFSL
TFSL
Q4 25
$22.3M
Q3 25
$35.1M
$26.0M
Q2 25
$-58.5M
$21.5M
Q1 25
$-22.0M
$21.0M
Q4 24
$-63.1M
$22.4M
Q3 24
$-5.3M
$18.2M
Q2 24
$25.4M
$20.0M
Q1 24
$-16.8M
$20.7M
Gross Margin
BW
BW
TFSL
TFSL
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
TFSL
TFSL
Q4 25
0.2%
34.0%
Q3 25
4.4%
37.9%
Q2 25
5.6%
33.3%
Q1 25
3.2%
33.5%
Q4 24
-8.1%
37.9%
Q3 24
1.0%
30.7%
Q2 24
-2.9%
33.4%
Q1 24
3.5%
33.6%
Net Margin
BW
BW
TFSL
TFSL
Q4 25
26.6%
Q3 25
23.5%
30.4%
Q2 25
-40.6%
26.2%
Q1 25
-12.1%
26.6%
Q4 24
-56.0%
30.0%
Q3 24
-3.5%
24.2%
Q2 24
16.8%
26.4%
Q1 24
-10.2%
26.9%
EPS (diluted)
BW
BW
TFSL
TFSL
Q4 25
$0.11
$0.08
Q3 25
$0.30
$0.09
Q2 25
$-0.63
$0.08
Q1 25
$-0.26
$0.07
Q4 24
$-0.73
$0.08
Q3 24
$-0.10
$0.07
Q2 24
$0.24
$0.07
Q1 24
$-0.23
$0.07

Balance Sheet & Financial Strength

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

Metric
BW
BW
TFSL
TFSL
Cash + ST InvestmentsLiquidity on hand
$89.5M
$456.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$-131.5M
$1.9B
Total Assets
$662.9M
$17.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BW
BW
TFSL
TFSL
Q4 25
$89.5M
$456.7M
Q3 25
$25.2M
$429.4M
Q2 25
$23.4M
$452.6M
Q1 25
$23.5M
$463.6M
Q4 24
$26.9M
$465.9M
Q3 24
$30.6M
$463.7M
Q2 24
$95.5M
$560.4M
Q1 24
$43.9M
$594.3M
Stockholders' Equity
BW
BW
TFSL
TFSL
Q4 25
$-131.5M
$1.9B
Q3 25
$-232.2M
$1.9B
Q2 25
$-309.2M
$1.9B
Q1 25
$-303.0M
$1.9B
Q4 24
$-283.8M
$1.9B
Q3 24
$-203.7M
$1.9B
Q2 24
$-198.9M
$1.9B
Q1 24
$-223.0M
$1.9B
Total Assets
BW
BW
TFSL
TFSL
Q4 25
$662.9M
$17.5B
Q3 25
$657.9M
$17.5B
Q2 25
$703.5M
$17.4B
Q1 25
$719.7M
$17.1B
Q4 24
$727.0M
$17.1B
Q3 24
$804.6M
$17.1B
Q2 24
$849.1M
$17.0B
Q1 24
$795.5M
$17.0B

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
TFSL
TFSL
Operating Cash FlowLast quarter
$-3.0M
$58.7M
Free Cash FlowOCF − Capex
$-7.2M
$57.1M
FCF MarginFCF / Revenue
-6.3%
68.2%
Capex IntensityCapex / Revenue
3.7%
2.0%
Cash ConversionOCF / Net Profit
2.64×
TTM Free Cash FlowTrailing 4 quarters
$-85.7M
$167.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BW
BW
TFSL
TFSL
Q4 25
$-3.0M
$58.7M
Q3 25
$-32.1M
$82.4M
Q2 25
$-25.3M
$26.8M
Q1 25
$-8.5M
$21.2M
Q4 24
$-22.5M
$45.5M
Q3 24
$-69.5M
$88.6M
Q2 24
$-11.8M
$96.7M
Q1 24
$-14.9M
$14.2M
Free Cash Flow
BW
BW
TFSL
TFSL
Q4 25
$-7.2M
$57.1M
Q3 25
$-37.6M
$71.0M
Q2 25
$-28.1M
$25.0M
Q1 25
$-12.8M
$14.3M
Q4 24
$-23.6M
$44.9M
Q3 24
$-71.6M
$85.5M
Q2 24
$-16.4M
$95.9M
Q1 24
$-18.3M
$13.4M
FCF Margin
BW
BW
TFSL
TFSL
Q4 25
-6.3%
68.2%
Q3 25
-25.3%
83.0%
Q2 25
-19.5%
30.5%
Q1 25
-7.1%
18.0%
Q4 24
-20.9%
60.0%
Q3 24
-46.9%
113.8%
Q2 24
-10.8%
127.0%
Q1 24
-11.2%
17.4%
Capex Intensity
BW
BW
TFSL
TFSL
Q4 25
3.7%
2.0%
Q3 25
3.7%
13.4%
Q2 25
1.9%
2.1%
Q1 25
2.4%
8.8%
Q4 24
1.0%
0.9%
Q3 24
1.4%
4.1%
Q2 24
3.0%
1.1%
Q1 24
2.1%
1.1%
Cash Conversion
BW
BW
TFSL
TFSL
Q4 25
2.64×
Q3 25
-0.92×
3.17×
Q2 25
1.24×
Q1 25
1.01×
Q4 24
2.03×
Q3 24
4.86×
Q2 24
-0.46×
4.85×
Q1 24
0.69×

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%

TFSL
TFSL

Segment breakdown not available.

Related Comparisons