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Babcock & Wilcox
AddedFeb 19, 2024
UpdatedJun 18, 2026
Babcock & Wilcox

Babcock & Wilcox

Public

Babcock & Wilcox, an Akron-based energy company, provides global power generation equipment and services.

HQ
Akron, OH, US
Founded
1867
Overview
Compare
Fundraising
Employees
Website

Babcock & Wilcox, founded in 1867 by Stephen Wilcox and George Herman Babcock in Providence, Rhode Island, is a public energy company headquartered in Akron, Ohio. The company provides power generation equipment and services, including water-tube boilers, environmental systems, and steam solutions. With a mission to support a net-zero future, Babcock & Wilcox focuses on delivering clean power production technologies to meet the evolving demands of the global energy market.

Key figures include Chairman and CEO Kenny Young. Babcock & Wilcox is traded on the NYSE under the ticker BW and is a component of the Russell 2000. The company reported a revenue of $999 million in 2023 and employs approximately 2,250 people. Notable achievements include significant contributions to the energy transition through innovative clean-energy solutions, reinforcing its impact on the global push towards sustainability.

Babcock & Wilcox - Quick Facts

When was Babcock & Wilcox founded?

Babcock & Wilcox was founded in 1867.

Where is Babcock & Wilcox's headquarters located?

Babcock & Wilcox's headquarters is located in Akron, OH, US.

When was Babcock & Wilcox's last funding round?

Babcock & Wilcox's most recent funding round was for $150M (USD) in January 2024.

How much has Babcock & Wilcox raised to-date?

As of Jan 18, 2024, Babcock & Wilcox has raised a total of $150M (USD).

How many employees does Babcock & Wilcox have?

Babcock & Wilcox has 2,163 employees as of Feb 6, 2024.

Babcock & Wilcox - Classification

Industry
  • Hardware
Ownership
  • Public
Technology
  • Cleantech
Geographic Exposure
  • Global
Revenue
  • Transactional
Customer
  • Enterprise
  • Government
Main Product
  • Power Generation
Tags
  • Cleantech
  • Industrial
Unique IDs
  • ein: 472783641
  • secCik: 0001630805
  • ticker: BW
  • ticker: BWNB
  • ticker: BW-PA
NAICS
  • 220000Utilities
  • 221000Utilities
  • 221100Electric Power Generation, Transmission and Distribution
  • 221110Electric Power Generation
  • 221113Nuclear Electric Power Generation
SIC
  • 3400Fabricated Metal Products, Except Machinery And Transportation Equipment
  • 3433Heating Equipment, Except Electric and Warm Air Furnaces
ISIC
  • 2811Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
  • 7020Management consultancy activities
Show 33 more industry codes
NAICS
  • 230000Construction
  • 238000Specialty Trade Contractors
  • 238900Other Specialty Trade Contractors
  • 238910Site Preparation Contractors
  • 333400Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing
  • 333410Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing
  • 333414Heating Equipment (except Warm Air Furnaces) Manufacturing
  • 333600Engine, Turbine, and Power Transmission Equipment Manufacturing
  • 333610Engine, Turbine, and Power Transmission Equipment Manufacturing
  • 333611Turbine and Turbine Generator Set Units Manufacturing
  • 540000Professional, Scientific, and Technical Services
  • 541611Administrative Management and General Management Consulting Services
  • 330000Manufacturing
  • 333000Machinery Manufacturing
  • 541000Professional, Scientific, and Technical Services
  • 541600Management, Scientific, and Technical Consulting Services
  • 541610Management Consulting Services
SIC
  • 1300Oil And Gas Extraction
  • 1380Oil And Gas Field Services
  • 1382Oil And Gas Field Exploration Services
  • 1600Heavy Construction Other Than Building Construction-contractors
  • 1620Heavy Construction, Except Highway And Street Construction
  • 1629Heavy Construction, Not Elsewhere Classified
  • 3510Engines And Turbines
  • 3511Steam, Gas, and Hydraulic Turbines, and Turbine Generator Set Units
  • 4900Electric, Gas, And Sanitary Services
  • 4910Electric Services
  • 4911Electric Services
  • 3500Industrial And Commercial Machinery And Computer Equipment
  • 4000Railroad Transportation
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8740Management And Public Relations Services
  • 8742Management Consulting Services