Babcock & Wilcox Enterprises, Inc. R&D Expense History
BW / Industrials|8 years of SEC 10-K data (FY2015-FY2022)
$4M in FY2022 with a 5-year CAGR of -13.0%.
Declined from $4M to $4M over the past 2 years.
Among 173 Industrials companies, Babcock & Wilcox Enterprises, Inc. is in the bottom 2% for r&d expense. R&D Expense has fluctuated over the past 8 years, ranging from $2M in FY2021 to $17M in FY2015.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 1.07 (distress zone, below 1.8 threshold)
- Negative profit margin: -15.0%
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- +9.4%
- 5-Year CAGR
- -13.0%
- 10-Year CAGR
- -
R&D Expense Trend
Bottom 2% in IndustrialsTop 98% of 173This company $3.8M Sector average $273.2M
▼
-98.6% below sector average
Key Insights
- 5-year CAGR of -13.0%, indicating a declining trend.
- In FY2022, r&d expense increased 137.5% year-over-year.
- Ranks #169 out of 173 companies in the Industrials sector.
- Peak r&d expense was recorded in FY2015.
Annual Data
| Year | R&D Expense | YoY Growth |
|---|---|---|
| FY2024 | - | - |
| FY2023 | - | - |
| FY2022 | $3.8M | +137.5% |
| FY2021 | $1.6M | -63.6% |
| FY2020 | $4.4M | +51.7% |
| FY2019 | $2.9M | -23.3% |
| FY2018 | $3.8M | -50.4% |
| FY2017 | $7.6M | -14.0% |
| FY2016 | $8.8M | -46.4% |
| FY2015 | $16.5M | -10.7% |
As of FY2022 · SEC 10-K · Updated Feb 28, 2026