Babcock & Wilcox Enterprises, Inc. (BW) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
BW currently has 149M outstanding shares. with significant dilution risk as 327M authorized shares could dilute existing holders by 219.7%. The company has significantly diluted shareholders by 55.74% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 21, 2026 |
S-3 filing: Resale offering of up to 11,657,221 shares of common stock by selling stockholders, including 1,197,221 shares and 10,460,000 shares issuable upon the exercise of warrants. |
150M | 330M |
| May 18, 2026 |
8-K filing: Babcock & Wilcox Enterprises, Inc. completed an underwritten public offering of 12,432,432 shares of common stock, including 1,621,621 shares issued upon full exercise of the underwriters' option. |
130M | 320M |
| May 11, 2026 |
10-Q filing | 133.8M shares outstanding |
130M | 320M |
| Mar 16, 2026 |
10-K filing | 135.3M shares outstanding |
140M | 320M |
| Nov 10, 2025 |
10-Q filing | 103.0M shares outstanding |
100M | 320M |
| May 12, 2025 |
10-Q filing | 97.9M shares outstanding |
98M | 320M |
| Mar 31, 2025 |
10-K filing | 91.7M shares outstanding |
92M | 320M |
| Nov 21, 2024 |
S-3 filing: Babcock& Wilcox Enterprises, Inc. may offer and sell from time to time our common stock, preferred stock, depositary shares, warrants, subscription rights, debt securities and purchase contracts, as well as units that include any of these securities with an aggregate initial offering price of $600,000,000. |
92M | 320M |
| Nov 12, 2024 |
10-Q filing | 92.3M shares outstanding |
92M | 11M |
| Aug 08, 2024 |
10-Q filing | 91.2M shares outstanding |
91M | 11M |
| May 09, 2024 |
10-Q filing | 89.5M shares outstanding |
89M | 11M |
| Mar 15, 2024 |
10-K filing | 89.0M shares outstanding |
89M | 11M |
| Jan 05, 2024 |
8-K filing: The Babcock & Wilcox Company extended its consulting agreement with Henry E. Bartoli, a board member, and granted him 30,000 restricted stock units as consideration for his consulting services. |
89M | 11M |
| Nov 09, 2023 |
10-Q filing | 89.1M shares outstanding |
89M | 11M |
| Aug 08, 2023 |
10-Q filing | 88.8M shares outstanding |
89M | 11M |
| May 10, 2023 |
10-Q filing | 88.7M shares outstanding |
89M | 11M |
| Mar 16, 2023 |
10-K filing | 88.3M shares outstanding |
88M | 11M |
| Nov 08, 2022 |
10-Q filing | 88.3M shares outstanding |
88M | 11M |
| Aug 08, 2022 |
10-Q filing | 88.0M shares outstanding |
88M | 11M |
| May 09, 2022 |
10-Q filing | 88.0M shares outstanding |
88M | 11M |
| Mar 08, 2022 |
10-K filing | 83.6M shares outstanding |
84M | 11M |
| Jan 07, 2022 |
8-K filing: The Babcock & Wilcox Company amended a Consultant Agreement with Henry E. Bartoli, extending the term through December 31, 2023, and providing compensation including monthly fees, restricted stock units, and incentive awards. |
86M | 11M |
| Nov 10, 2021 |
10-Q filing | 86.0M shares outstanding |
86M | 11M |
| Nov 08, 2021 |
S-3 filing: Babcock & Wilcox Enterprises, Inc. files an S-3 registration statement for the potential offering of common stock, preferred stock, depositary shares, warrants, subscription rights, debt securities, purchase contracts, and units, with an aggregate initial offering price of $500,000,000. |
86M | 11M |
| Aug 12, 2021 |
10-Q filing | 85.7M shares outstanding |
86M | 11M |
| Jun 22, 2021 |
S-3 filing: This prospectus relates to the resale by the selling securityholders identified in this prospectus under the heading "Selling Securityholders," from time to time, of up to 2,916,880 shares of Preferred Stock and 10,720,785 shares of Common Stock. |
86M | 11M |
| Jun 04, 2021 |
8-K filing: Babcock & Wilcox Enterprises, Inc. issued 2,916,880 shares of its 7.75% Series A Cumulative Perpetual Preferred Stock and paid $850,171.45 in cash to B. Riley Financial, Inc. in exchange for a deemed prepayment of $73,330,152.36 of the Company's existing term loans. |
86M | 0 |
| Jun 01, 2021 |
8-K filing: Babcock & Wilcox Enterprises, Inc. closed an underwritten public offering of 4,000,000 shares of its 7.75% Series A Cumulative Perpetual Preferred Stock on May 7, 2021, and completed the issuance of an additional 444,700 shares on May 26, 2021, after the Underwriters exercised their option, receiving net proceeds of $10,672,800 from the option exercise. |
86M | 0 |
| May 13, 2021 |
10-Q filing | 85.7M shares outstanding |
86M | 0 |
| May 07, 2021 |
8-K filing: Babcock & Wilcox Enterprises, Inc. closed its underwritten public offering of 4,000,000 shares of its 7.75% Series A Cumulative Perpetual Preferred Stock on May 7, 2021. |
86M | 0 |
| Apr 22, 2021 |
S-3 filing: Babcock & Wilcox Enterprises, Inc. files an S-3 registration statement for the potential offering of various securities, including common stock, preferred stock, depositary shares, warrants, subscription rights, debt securities, purchase contracts, and units, up to an aggregate initial offering price of $350,000,000. |
86M | 0 |
| Mar 09, 2021 |
S-3 filing: Babcock & Wilcox Enterprises, Inc. files an S-3 registration statement for $150,000,000 of Debt Securities. |
86M | 0 |
| Mar 09, 2021 |
S-3 filing: This prospectus relates to the resale of up to $35,000,000 aggregate principal amount of our 8.125% senior notes due 2026. |
86M | 0 |
| Mar 08, 2021 |
10-K filing | 85.6M shares outstanding |
86M | 0 |
| Feb 12, 2021 |
8-K filing: Babcock & Wilcox Enterprises, Inc. closed its underwritten public offering of common stock, issuing 29,487,180 shares, and also closed its underwritten public offering of $125 million aggregate principal amount of 8.125% senior notes due 2026. |
52M | 0 |
| Nov 13, 2020 |
10-Q filing | 52.0M shares outstanding |
52M | 0 |
| Aug 12, 2020 |
10-Q filing | 49.3M shares outstanding |
49M | 0 |
| May 15, 2020 |
10-Q filing | 46.4M shares outstanding |
46M | 0 |
| Mar 30, 2020 |
10-K filing | 46.4M shares outstanding |
46M | 0 |
| Feb 04, 2020 |
S-3 filing: Babcock & Wilcox Enterprises, Inc. files an S-3 registration statement for the potential offering of common stock, preferred stock, depositary shares, warrants, subscription rights, debt securities, purchase contracts, and units, with a total offering price of $300,000,000. |
N/A | 0 |