BW vs FPS vs HYLN Stock Comparison

Babcock & Wilcox Enterprises, Forgent Power Solutions and Hyliion Holdings Prices as of Oct 27, 2026 Peers: Industry group
HYLN Hyliion Holdings Corp.
$3.29 -22.0% 1M +48.2% 1Y
Market cap
$599.56M
P/E
–
Revenue (TTM)
$9.25M
Div. yield
–
Power Equipment Industrials
3 wins

Head to Head

8 decided of 12

Forgent Power Solutions leads on 3 of the 12 questions below (Forgent Power Solutions 3, Hyliion Holdings 3, Babcock & Wilcox Enterprises 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBWFPSHYLNLeader
Larger companyMarket capitalisation $644.05M $7.07B $599.56M FPS
Cheaper on earningsLower P/E, profitable companies only -19.4x 80.3x -11.5x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 32.5x 19.4x — FPS
Faster revenue growthRevenue growth, trailing twelve months +42.6% — +163.2% HYLN
More profitableNet margin, trailing twelve months -4.0% — -564.3% BW
Better return on capitalReturn on invested capital 14.3% — — –
Less leveragedLower net debt / EBITDA -2.8x — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +39.6% — +48.2% HYLN
Better 5-year returnAnnualised price return, 5 years -7.6%/yr — -16.4%/yr BW
Less volatileAnnualised volatility, 1 year 114.7% 91.0% 99.0% FPS
Higher overall scoreMean of the five percentile scores vs peers 51/100 — 57/100 HYLN

Percentile Scorecard

BWFPSHYLN

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBWFPSHYLN
Valuation 63 #23 of 61 5 #194 of 203 33 #41 of 61
Growth 70 #18 of 58 – 88 #8 of 58
Profitability 72 #16 of 55 – 13 #48 of 55
Financial Health 37 #45 of 71 20 #173 of 217 93 #6 of 71
Shareholder Returns 10 #27 of 30 – –
Overall 51 – 57
  • BW ranked among 71 companies in Clean Energy Equipment
  • FPS ranked among 222 companies in Machinery
  • HYLN ranked among 71 companies in Clean Energy Equipment

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBWFPSHYLNSPY
1 month -27.5%-30.7%-22.0% -0.2%
3 months -48.4%-16.6%-7.1% +3.9%
6 months -68.9%-26.9%+81.8% +8.2%
Year to date -28.2%—+78.8% +12.9%
1 year +39.6%—+48.2% +12.3%
3 years +93.6%—+483.2% +87.4%
3 years, per year +24.7%—+80.1% +23.3%
5 years -32.8%—-59.1% +67.9%
5 years, per year -7.6%—-16.4% +10.9%
10 years -97.1%—— +261.1%
10 years, per year -29.7%—— +13.7%

Risk

MeasureBWFPSHYLNSPY
Volatility, 1Y 114.7%91.0%99.0% 12.7%
Downside volatility, 1Y 103.5%90.8%92.7% 12.7%
Beta vs S&P 500, 1Y 3.333.613.17 1.00
Return / volatility, 1Y 0.34—0.49 0.97
Max drawdown, 5Y -97.4%-62.5%-94.0% -25.4%
From 52-week high -79.2%-58.2%-59.4% -1.2%
52-week high $21.85$64.59$8.10 $779.14
52-week low $3.16$24.22$1.58 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBWFPSHYLN
P/E now vs peer median -19.5xmedian 27.2x 80.3xmedian 25.2x -11.2xmedian 27.2x
P/S now vs peer median 0.8xmedian 2.4x 5.2xmedian 1.9x 63.5xmedian 2.4x
EV/EBITDA now vs peer median 16.1xmedian 18.4x —median 14.0x -10.3xmedian 18.4x
P/FCF now vs peer median -11.7xmedian 28.6x -1,085xmedian 21.7x -10.4xmedian 28.6x
P/B now vs peer median 11.8xmedian 1.7x 11.0xmedian 2.3x 3.5xmedian 1.7x
PEG now vs peer median -0.79median 0.79 —median 1.32 -0.37median 0.79

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBWFPSHYLN
Revenue $821.95M – $9.25M
Gross profit $160.14M – $603.00K
Operating income $22.49M – -$58.73M
Net income -$18.35M – -$52.19M
Free cash flow -$58.17M – -$56.62M
R&D – – $37.27M
EPS (diluted) $-0.21 – $-0.29
Cash & equivalents $308.63M $97.48M $13.20M
Total debt $209.43M $582.18M –
Shares (diluted) 154.51M 243.80M 178.44M
Enterprise value $115.02M $7.07B $265.46M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBWFPSHYLN
P/E -19.5x 80.3x -11.2x
P/FCF -11.7x -1,085x -10.4x
P/Operating cash flow -19.5x – -13.9x
P/S 0.8x 5.2x 63.5x
P/B 11.8x 11.0x 3.5x
P/Tangible book 15.4x 19.4x 3.5x
EV/EBITDA 16.1x – -10.3x
EV/EBIT 25.7x – -8.9x
EV/Revenue 0.7x – 56.6x
EV/FCF -9.9x – -9.2x
EV/Operating cash flow -16.7x – -12.4x
PEG (3Y EPS CAGR) -0.79 – -0.37

Growth

14 metrics
MetricBWFPSHYLN
Revenue growth (1Y) 42.6% – 163.2%
Revenue CAGR (3Y) 3.5% – 62.1%
Gross profit growth (1Y) 20.7% – 154.4%
Gross profit CAGR (3Y) -2.8% – 29.7%
Operating income growth (1Y) 879.4% – 11.9%
Operating income CAGR (3Y) 17.5% – 29.6%
Net income growth (1Y) 87.7% – 7.3%
Net income CAGR (3Y) 17.3% – 30.7%
EPS growth (1Y) 87.1% – 8.9%
EPS CAGR (3Y) 24.6% – 30.4%
Operating cash flow growth (1Y) 72.4% – 10.5%
Operating cash flow CAGR (3Y) -73.7% – 30.3%
Free cash flow growth (1Y) 57.3% – 16.0%
Free cash flow CAGR (3Y) -120.7% – 24.4%

Profitability

14 metrics
MetricBWFPSHYLN
Gross margin 19.5% – 6.5%
EBITDA margin 4.4% – -551.3%
Operating margin 2.7% – -635.2%
Pretax margin -8.8% – -564.5%
Net margin -4.0% – -564.3%
FCF margin -7.1% – -612.3%
Operating cash flow margin -4.2% – -458.2%
Return on equity – – -29.7%
Return on assets -8.9% – -28.2%
Return on invested capital 14.3% – –
Return on capital employed 5.9% – -33.4%
Asset turnover 0.9x – 0.0x
Cash conversion (OCF / net income) 1.9x – 0.8x
Stock comp / revenue 2.0% – 64.8%

Financial Health

11 metrics
MetricBWFPSHYLN
Debt / assets 21.0% 26.1% –
Debt / equity 3.7x 0.9x –
Net debt / EBITDA -2.8x – –
Debt / FCF -3.6x – –
Liabilities / assets 94.3% 69.9% 5.6%
Equity / assets 5.7% 30.1% 94.4%
Interest coverage 0.9x – –
Current ratio 1.5x 1.5x 7.6x
Quick ratio 1.1x 1.0x 7.1x
Cash ratio 0.6x 0.2x 6.8x
Altman Z-score -0.88 – 32.65

Shareholder Returns

7 metrics
MetricBWFPSHYLN
Dividend yield – – –
Net buyback yield -56.7% – –
Shareholder yield -56.7% – –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBWFPSHYLN
Forward P/E 32.5xFY2026 19.4xFY2027 –
EPS, next fiscal year $0.14FY2026 $1.39FY2027 $-0.32FY2026
EPS growth, next FY – +104.4%FY2027 –
EPS growth, the year after +221.4% +53.2% –
Revenue, next fiscal year $1.01BFY2026 $2.41BFY2027 $14.80MFY2026
Revenue growth, next FY +71.1%FY2026 +69.5%FY2027 +325.2%FY2026
Revenue growth, the year after +35.9% +38.0% +127.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBWFPSHYLN
Held by institutions 88.0% 64.9% 33.4%
Institutions holding 200 369 168
Change in shares held, QoQ +24.0% +46.0% +19.5%
Institutions buying 146 296 106
Institutions selling 41 63 38
Buyers to sellers 3.56 4.70 2.79

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BWFPSHYLN
BW 1.00 0.51 0.33
FPS 0.51 1.00 0.37
HYLN 0.33 0.37 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BW, FPS and HYLN?

Forgent Power Solutions (FPS) is the largest by market capitalisation: Babcock & Wilcox Enterprises (BW) $644.05M, Forgent Power Solutions (FPS) $7.07B, Hyliion Holdings (HYLN) $599.56M.

Which company is growing faster?

Hyliion Holdings (HYLN) grew revenue fastest over the trailing twelve months: Babcock & Wilcox Enterprises (BW) +42.6%, Hyliion Holdings (HYLN) +163.2%.

Which company is more profitable?

Babcock & Wilcox Enterprises (BW) has the highest net margin (Babcock & Wilcox Enterprises (BW) -4.0%, Hyliion Holdings (HYLN) -564.3%).

Which stock has performed better?

Over the past year Hyliion Holdings (HYLN) returned the most: Babcock & Wilcox Enterprises (BW) +39.6%, Hyliion Holdings (HYLN) +48.2%. Over five years, Babcock & Wilcox Enterprises (BW) compounded fastest (Babcock & Wilcox Enterprises (BW) -7.6%/yr, Hyliion Holdings (HYLN) -16.4%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Forgent Power Solutions (FPS) has been the steadiest (Babcock & Wilcox Enterprises (BW) 114.7%, Forgent Power Solutions (FPS) 91.0%, Hyliion Holdings (HYLN) 99.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BW, FPS and HYLN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Forgent Power Solutions (FPS) leads on 3. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.