BWNB vs GBDC

Comparison between Babcock & Wilcox Enterprises Inc (BWNB, Company) and Golub Capital BDC Inc (GBDC, Company).

5-Year PerformanceBWNB has outperformed GBDC, delivering a return of +7.5% compared to +7.0%

BWNB vs GBDC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BWNB(COMPANY)	GBDC(COMPANY)
Market Cap	$3.40B	$3.40B
Max Drawdown	73.11%	53.13%
Sharpe Ratio	2.26	-0.17
5Y Beta	0.35	0.60
Industry	N/A	Asset Management
P/E Ratio	-32.58	20.15
Forward P/E	N/A	10.30
PEG Ratio	-2.16	N/A
Dividend Yield	N/A	10.90%
5Y Dividends CAGR	N/A	4.42%
Debt to Equity	0.00%	122.48%
Free Cash Flow Yield	-1.83%	27.02%

Market Cap

Winner

BWNB

$3.40B

GBDC

$3.40B

Max Drawdown

BWNB

73.11%

Winner

GBDC

53.13%

Sharpe Ratio

Winner

BWNB

2.26

GBDC

-0.17

5Y Beta

Winner

BWNB

0.35

GBDC

0.60

Industry

BWNB

N/A

GBDC

Asset Management

P/E Ratio

Winner

BWNB

-32.58

GBDC

20.15

Forward P/E

BWNB

N/A

GBDC

10.30

PEG Ratio

BWNB

-2.16

GBDC

N/A

Dividend Yield

BWNB

N/A

GBDC

10.90%

5Y Dividends CAGR

BWNB

N/A

GBDC

4.42%

Debt to Equity

Winner

BWNB

0.00%

GBDC

122.48%

Free Cash Flow Yield

BWNB

-1.83%

Winner

GBDC

27.02%

BWNB vs GBDC - Historical Returns

Returns include dividend reinvestment.

Period	BWNB	GBDC
1 month	+1.01%	+3.72%
3 months	+3.02%	+5.02%
6 months	+5.60%	+11.85%
1 year	+38.57%	+0.27%
5 years(CAGR)	+7.47%	+7.01%
10 years(CAGR)	N/A	+6.25%
Max(CAGR)	+7.47%	+8.41%

BWNB

+1.01%

Winner

GBDC

+3.72%

BWNB

+3.02%

Winner

GBDC

+5.02%

BWNB

+5.60%

Winner

GBDC

+11.85%

Winner

BWNB

+38.57%

GBDC

+0.27%

5Y(CAGR)

Winner

BWNB

+7.47%

GBDC

+7.01%

10Y(CAGR)

BWNB

N/A

GBDC

+6.25%

Max(CAGR)

BWNB

+7.47%

Winner

GBDC

+8.41%

BWNB vs GBDC - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	BWNB	GBDC
2026	+7.22%	+4.10%
2025	+34.43%	-1.11%
2024	+25.53%	+13.64%
2023	-16.72%	+27.67%
2022	-13.60%	-6.92%
2021	+0.20%	+17.19%
2020	N/A	-14.35%
2019	N/A	+20.08%
2018	N/A	-1.64%
2017	N/A	+6.26%
2016	N/A	+18.96%
2015	N/A	+0.75%
2014	N/A	+3.12%
2013	N/A	+27.92%
2012	N/A	+12.24%
2011	N/A	-4.31%
2010	N/A	+23.10%

BWNB vs GBDC Drawdown Comparison

The maximum drawdown for BWNB was -69.03%, occurring on May 5, 2025. Recovery took 216 trading sessions.

The maximum drawdown for GBDC was -47.30%, occurring on Apr 2, 2020. Recovery took 441 trading sessions.

The current GBDC drawdown is -3.55%.

Rank	BWNB	GBDC
#1	-69.03% Oct 15, 2024 - Aug 27, 2025	-47.30% Dec 30, 2019 - Sep 29, 2021
#2	-47.64% Dec 30, 2021 - Sep 19, 2024	-19.26% Feb 10, 2022 - Aug 7, 2023
#3	-3.04% Oct 17, 2025 - Nov 5, 2025	-18.70% Dec 30, 2010 - Sep 12, 2012
#4	-2.04% Jan 22, 2026 - Mar 13, 2026	-18.14% Jul 17, 2025 - Feb 27, 2026
#5	-1.67% Oct 2, 2025 - Oct 14, 2025	-16.72% Mar 14, 2014 - Dec 30, 2014
#6	-1.62% Nov 12, 2025 - Dec 15, 2025	-16.54% Apr 29, 2024 - Jul 14, 2025
#7	-1.12% Sep 27, 2024 - Oct 1, 2024	-13.47% Apr 20, 2010 - Jun 24, 2010
#8	-1.06% Sep 19, 2025 - Sep 29, 2025	-11.72% Nov 9, 2018 - Feb 26, 2019
#9	-1.01% Dec 17, 2021 - Dec 23, 2021	-11.17% Dec 1, 2015 - Mar 7, 2016
#10	-1.01% Oct 7, 2024 - Oct 10, 2024	-9.65% Aug 30, 2016 - Jan 24, 2017
#11	-0.95% Apr 2, 2026 - Jun 15, 2026	-9.62% Oct 5, 2012 - Dec 21, 2012
#12	-0.90% Dec 24, 2025 - Dec 31, 2025	-9.41% Jul 23, 2013 - Nov 20, 2013
#13	-0.81% Dec 31, 2025 - Jan 9, 2026	-9.02% May 5, 2017 - Jul 17, 2018
#14	-0.75% Sep 16, 2025 - Sep 19, 2025	-8.74% Apr 23, 2015 - Nov 24, 2015
#15	-0.74% Sep 20, 2024 - Sep 26, 2024	-7.52% Nov 26, 2010 - Dec 30, 2010

Correlation

Correlation between BWNB and GBDC is 0.29 which considered as a very weak or no correlation - the stocks move independently of each other.

0.29

-101

Dividend Comparison (2010 - 2026)

BWNB vs GBDC dividend yield comparison.

Year	BWNB	GBDC
2026	4.00%	4.93%
2025	6.61%	11.50%
2024	8.17%	12.73%
2023	9.99%	10.00%
2022	3.94%	9.35%
2021	0.00%	7.58%
2020	0.00%	8.44%
2019	0.00%	7.70%
2018	0.00%	8.49%
2017	0.00%	7.47%
2016	0.00%	8.32%
2015	0.00%	7.70%
2014	0.00%	7.14%
2013	0.00%	6.70%
2012	0.00%	8.01%
2011	0.00%	8.26%
2010	0.00%	5.02%