BW vs GEV vs ORA Stock Comparison

Babcock & Wilcox Enterprises, GE Vernova and Ormat Technologies Prices as of Nov 3, 2026 Peers: Industry group
GEV GE Vernova Inc.
$918.04 -7.2% 1M +57.9% 1Y
Market cap
$221.79B
P/E
21.4x
Revenue (TTM)
$44.04B
Div. yield
–
Power Equipment Industrials
7 wins
ORA Ormat Technologies, Inc.
$94.28 +1.5% 1M -12.6% 1Y
Market cap
$5.80B
P/E
45.8x
Revenue (TTM)
$1.19B
Div. yield
0.01%
Renewable Power Producers Utilities
2 wins

Head to Head

11 decided of 12

GE Vernova leads on 7 of the 12 questions below (GE Vernova 7, Babcock & Wilcox Enterprises 2, Ormat Technologies 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBWGEVORALeader
Larger companyMarket capitalisation $521.03M $221.79B $5.80B GEV
Cheaper on earningsLower P/E, profitable companies only -15.7x 21.4x 45.8x GEV
Cheaper on forward earningsLower price / next fiscal year consensus EPS 30.3x — 37.4x BW
Faster revenue growthRevenue growth, trailing twelve months +42.6% +16.9% +31.1% BW
More profitableNet margin, trailing twelve months -4.0% 23.5% 10.7% GEV
Better return on capitalReturn on invested capital 14.3% 18.1% 6.4% GEV
Less leveragedLower net debt / EBITDA -2.8x -3.3x -0.3x GEV
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.01% –
Better 1-year returnPrice return, last 12 months +8.2% +57.9% -12.6% GEV
Better 5-year returnAnnualised price return, 5 years -10.2%/yr — +4.3%/yr ORA
Less volatileAnnualised volatility, 1 year 114.6% 54.3% 37.9% ORA
Higher overall scoreMean of the five percentile scores vs peers 50/100 83/100 59/100 GEV

Percentile Scorecard

BWGEVORA

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

AxisBWGEVORA
Valuation 58 #27 of 63 71 #19 of 63 39 #15 of 24
Growth 68 #20 of 60 98 #2 of 60 46 #13 of 23
Profitability 71 #17 of 57 93 #5 of 57 73 #7 of 23
Financial Health 41 #43 of 72 58 #31 of 72 78 #6 of 24
Shareholder Returns 9 #30 of 33 94 #3 of 33 61 #8 of 19
Overall 50 83 59
  • BW ranked among 72 companies in Clean Energy Equipment
  • GEV ranked among 72 companies in Clean Energy Equipment
  • ORA ranked among 24 companies in Power Generation

Price Performance

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

Returns

PeriodBWGEVORASPY
1 month -25.6%-7.2%+1.5% -2.0%
3 months -58.2%-9.8%-5.8% -2.2%
6 months -72.6%-16.2%-18.3% +4.2%
Year to date -33.1%+40.5%-14.7% +10.6%
1 year +8.2%+57.9%-12.6% +10.4%
3 years +66.3%—+43.8% +73.6%
3 years, per year +18.5%—+12.9% +20.2%
5 years -41.5%—+23.4% +61.6%
5 years, per year -10.2%—+4.3% +10.1%
10 years -97.0%—+98.5% +261.3%
10 years, per year -29.5%—+7.1% +13.7%

Risk

MeasureBWGEVORASPY
Volatility, 1Y 114.6%54.3%37.9% 12.8%
Downside volatility, 1Y 103.6%54.4%39.9% 12.8%
Beta vs S&P 500, 1Y 3.402.160.90 1.00
Return / volatility, 1Y 0.071.07-0.33 0.81
Max drawdown, 5Y -97.4%-38.3%-41.5% -25.4%
From 52-week high -80.6%-21.9%-35.0% -3.2%
52-week high $21.85$1,174.86$145.10 $779.14
52-week low $3.74$547.96$86.61 $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.

MultipleBWGEVORA
P/E now vs peer median -18.2xmedian 28.1x 23.6xmedian 28.1x 45.8xmedian 26.0x
P/S now vs peer median 0.8xmedian 2.6x 5.5xmedian 2.6x 4.9xmedian 2.6x
EV/EBITDA now vs peer median 14.8xmedian 18.9x 53.8xmedian 18.9x 11.2xmedian 11.5x
P/FCF now vs peer median -10.9xmedian 29.8x 14.2xmedian 29.8x -21.9xmedian 13.2x
P/B now vs peer median 11.0xmedian 1.9x 19.4xmedian 1.9x 2.1xmedian 2.1x
PEG now vs peer median -0.74median 0.77 —median 0.77 4.10median 0.76

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 monthsBWGEVORA
Revenue $821.95M $44.04B $1.19B
Gross profit $160.14M $9.57B $331.93M
Operating income $22.49M $2.83B $197.45M
Net income -$18.35M $10.37B $129.46M
Free cash flow -$58.17M $17.12B -$264.77M
R&D – $1.36B $4.96M
EPS (diluted) $-0.21 $38.69 $2.03
Cash & equivalents $308.63M $16.76B $513.75M
Total debt $209.43M $2.80B $360.60M
Shares (diluted) 154.51M 268.00M 62.53M
Enterprise value -$8.00M $172.89B $4.40B

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
MetricBWGEVORA
P/E -18.2x 23.6x 45.8x
P/FCF -10.9x 14.2x -21.9x
P/Operating cash flow -18.2x 12.6x 20.8x
P/S 0.8x 5.5x 4.9x
P/B 11.0x 19.4x 2.1x
P/Tangible book 14.4x 29.7x 2.3x
EV/EBITDA 14.8x 53.8x 11.2x
EV/EBIT 23.7x 81.0x 28.6x
EV/Revenue 0.6x 5.2x 4.7x
EV/FCF -9.2x 13.4x -21.3x
EV/Operating cash flow -15.3x 11.9x 20.2x
PEG (3Y EPS CAGR) -0.74 – 4.10

Growth

14 metrics
MetricBWGEVORA
Revenue growth (1Y) 42.6% 16.9% 31.1%
Revenue CAGR (3Y) 3.5% – 16.0%
Gross profit growth (1Y) 20.7% 30.5% 26.6%
Gross profit CAGR (3Y) -2.8% – 7.5%
Operating income growth (1Y) 879.4% 104.9% 15.5%
Operating income CAGR (3Y) 17.5% – 10.5%
Net income growth (1Y) 87.7% 504.8% -4.9%
Net income CAGR (3Y) 17.3% – 9.7%
EPS growth (1Y) 87.1% 524.3% -5.9%
EPS CAGR (3Y) 24.6% – 11.2%
Operating cash flow growth (1Y) 72.4% 460.4% -37.9%
Operating cash flow CAGR (3Y) -73.7% – -1.9%
Free cash flow growth (1Y) 57.3% 592.1% -130.3%
Free cash flow CAGR (3Y) -120.7% – 0.7%

Profitability

14 metrics
MetricBWGEVORA
Gross margin 19.5% 21.7% 27.9%
EBITDA margin 4.4% 9.7% 42.6%
Operating margin 2.7% 6.4% 16.6%
Pretax margin -8.8% 20.2% 7.7%
Net margin -4.0% 23.5% 10.7%
FCF margin -7.1% 38.9% -22.3%
Operating cash flow margin -4.2% 43.6% 23.5%
Return on equity – 80.8% 4.7%
Return on assets -8.9% 12.4% 1.9%
Return on invested capital 14.3% 18.1% 6.4%
Return on capital employed 5.9% 13.4% 3.4%
Asset turnover 0.9x 0.5x 0.2x
Cash conversion (OCF / net income) 1.9x 1.9x 2.2x
Stock comp / revenue 2.0% – 1.8%

Financial Health

11 metrics
MetricBWGEVORA
Debt / assets 21.0% 3.2% 5.3%
Debt / equity 3.7x 0.2x 0.1x
Net debt / EBITDA -2.8x -3.3x -0.3x
Debt / FCF -3.6x 0.2x -1.4x
Liabilities / assets 94.3% 85.5% 59.7%
Equity / assets 5.7% 14.5% 40.3%
Interest coverage 0.9x 13.0x 1.2x
Current ratio 1.5x 0.8x 1.0x
Quick ratio 1.1x 0.6x 0.7x
Cash ratio 0.6x 0.3x 0.5x
Altman Z-score -0.91 2.65 1.34

Shareholder Returns

7 metrics
MetricBWGEVORA
Dividend yield – 0.2% 0.5%
Net buyback yield -60.8% 2.6% 0.4%
Shareholder yield -60.8% 2.8% 0.9%
Payout ratio (earnings) – – 22.6%
Payout ratio (FCF) – – -11.1%
Dividend growth (1Y) – – 0.6%
Dividend CAGR (3Y) – – 1.9%

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.

ConsensusBWGEVORA
Forward P/E 30.3xFY2026 – 37.4xFY2026
EPS, next fiscal year $0.14FY2026 – $2.52FY2026
EPS growth, next FY – – +12.5%FY2026
EPS growth, the year after +221.4% – -6.7%
Revenue, next fiscal year $1.01BFY2026 – $1.25BFY2026
Revenue growth, next FY +71.1%FY2026 – +26.3%FY2026
Revenue growth, the year after +35.9% – -3.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBWGEVORA
Held by institutions 88.0% 79.1% 86.4%
Institutions holding 200 3,421 440
Change in shares held, QoQ +24.0% +4.0% +2.1%
Institutions buying 146 1,954 255
Institutions selling 41 985 113
Buyers to sellers 3.56 1.98 2.26

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.

BWGEVORA
BW 1.00 0.41 0.26
GEV 0.41 1.00 0.31
ORA 0.26 0.31 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BW, GEV and ORA?

GE Vernova (GEV) is the largest by market capitalisation: Babcock & Wilcox Enterprises (BW) $521.03M, GE Vernova (GEV) $221.79B, Ormat Technologies (ORA) $5.80B.

Which stock is cheaper, BW, GEV and ORA?

GE Vernova (GEV) trades on the lowest price-to-earnings ratio (Babcock & Wilcox Enterprises (BW) -15.7x, GE Vernova (GEV) 21.4x, Ormat Technologies (ORA) 45.8x). On next year's consensus earnings, Babcock & Wilcox Enterprises (BW) is cheapest (Babcock & Wilcox Enterprises (BW) 30.3x, Ormat Technologies (ORA) 37.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Babcock & Wilcox Enterprises (BW) grew revenue fastest over the trailing twelve months: Babcock & Wilcox Enterprises (BW) +42.6%, GE Vernova (GEV) +16.9%, Ormat Technologies (ORA) +31.1%.

Which company is more profitable?

GE Vernova (GEV) has the highest net margin (Babcock & Wilcox Enterprises (BW) -4.0%, GE Vernova (GEV) 23.5%, Ormat Technologies (ORA) 10.7%). On return on invested capital, GE Vernova (GEV) leads (Babcock & Wilcox Enterprises (BW) 14.3%, GE Vernova (GEV) 18.1%, Ormat Technologies (ORA) 6.4%).

Which stock has performed better?

Over the past year GE Vernova (GEV) returned the most: Babcock & Wilcox Enterprises (BW) +8.2%, GE Vernova (GEV) +57.9%, Ormat Technologies (ORA) -12.6%. Over five years, Ormat Technologies (ORA) compounded fastest (Babcock & Wilcox Enterprises (BW) -10.2%/yr, Ormat Technologies (ORA) +4.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Babcock & Wilcox Enterprises (BW) 0.00%, GE Vernova (GEV) 0.00%, Ormat Technologies (ORA) 0.01%. Babcock & Wilcox Enterprises (BW) and GE Vernova (GEV) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Ormat Technologies (ORA) has been the steadiest (Babcock & Wilcox Enterprises (BW) 114.6%, GE Vernova (GEV) 54.3%, Ormat Technologies (ORA) 37.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BW, GEV and ORA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, GE Vernova (GEV) leads on 7. 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.