BWMN · Bowman Consulting Group Ltd. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Revenue | $490.02M | $426.56M | $346.26M | $149.97M | - |
| Cost of Revenue | $228.48M | $203.76M | $170.22M | $126.59M | $66.51M |
| Gross Profit | $261.54M | $222.80M | $176.03M | $23.38M | - |
| R&D | - | - | - | - | - |
| SG&A | $215.06M | $197.45M | $158.38M | $117.84M | $51.47M |
| Total Operating Expenses | $241.88M | $224.80M | $176.69M | $130.01M | $53.64M |
| D&A | $17.20M | $14.46M | $9.73M | $8.36M | $2.04M |
| Operating Income | $19.66M | ($2.00M) | ($656.0K) | $5.12M | $1.87M |
| Interest Expense | - | - | - | - | - |
| Income Tax | ($1.69M) | ($11.98M) | $177.0K | ($3.27M) | $989.0K |
| Net Income | $12.85M | $3.03M | ($6.62M) | $5.00M | $990.0K |
| EPS - Basic | $0.74 | $0.18 | ($0.53) | $0.39 | $0.17 |
| EPS - Diluted | $0.73 | $0.17 | ($0.53) | $0.37 | $0.17 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Cash & Equivalents | $11.07M | $6.70M | $20.69M | $13.28M | $20.62M |
| Accounts Receivable | $130.63M | $105.11M | $87.56M | $64.44M | $38.49M |
| Inventory | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - |
| Current Assets | $212.96M | $176.62M | $154.78M | $102.13M | $74.41M |
| Total Assets | $579.68M | $505.88M | $402.79M | $255.76M | $138.17M |
| Current Liabilities | $214.73M | $134.98M | $126.76M | $69.08M | $32.85M |
| Long-term Debt | $57.60M | $38.14M | $28.77M | $27.20M | $12.86M |
| Total Liabilities | $318.58M | $259.77M | $239.50M | $132.90M | $59.76M |
| Stockholders' Equity | $261.11M | $246.12M | $163.28M | $122.86M | $78.41M |
| Retained Earnings | ($10.54M) | ($23.39M) | ($26.42M) | ($24.80M) | ($24.80M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | $35.83M | $24.30M | $11.72M | $9.17M | $10.77M |
| Investing Cash Flow | ($35.76M) | ($27.47M) | ($27.16M) | ($18.75M) | ($2.41M) |
| Financing Cash Flow | $4.30M | ($10.82M) | $22.84M | $2.25M | ($8.48M) |
| CapEx | $2.39M | $626.0K | $2.09M | $902.0K | $924.0K |
| Free Cash Flow | $33.43M | $23.68M | $9.63M | $8.27M | $9.85M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 53.4% | 52.2% | 50.8% | 15.6% | - |
| Operating margin | 4.0% | -0.5% | -0.2% | 3.4% | - |
| EBITDA margin | 7.5% | 2.9% | 2.6% | 9.0% | - |
| Net margin | 2.6% | 0.7% | -1.9% | 3.3% | - |
| Free cash flow margin | 6.8% | 5.6% | 2.8% | 5.5% | - |
| FCF / Net income | 2.60 | 7.80 | -1.45 | 1.65 | 9.95 |
| R&D / Revenue | - | - | - | - | - |
| SG&A / Revenue | 43.9% | 46.3% | 45.7% | 78.6% | - |
| Effective tax rate | -15.2% | - | - | -188.3% | 50.0% |
| Return on assets | 2.2% | 0.6% | -1.6% | 2.0% | 0.7% |
| Return on equity | 4.9% | 1.2% | -4.1% | 4.1% | 1.3% |
| Return on invested capital | 6.2% | -0.6% | -0.3% | 3.4% | 1.0% |
| Liquidity | |||||
| Current ratio | 0.99 | 1.31 | 1.22 | 1.48 | 2.26 |
| Quick ratio | 0.99 | 1.31 | 1.22 | 1.48 | 2.26 |
| Cash ratio | 0.05 | 0.05 | 0.16 | 0.19 | 0.63 |
| Leverage | |||||
| Debt / Equity | 0.22 | 0.15 | 0.18 | 0.22 | 0.16 |
| Debt / Assets | 0.10 | 0.08 | 0.07 | 0.11 | 0.09 |
| Debt / EBITDA | 1.56 | 3.06 | 3.17 | 2.02 | 3.29 |
| Interest coverage | - | - | - | - | - |
| Equity multiplier | 2.22 | 2.06 | 2.47 | 2.08 | 1.76 |
| Liabilities / Assets | 0.55 | 0.51 | 0.59 | 0.52 | 0.43 |
| Efficiency | |||||
| Asset turnover | 0.85 | 0.84 | 0.86 | 0.59 | - |
| Inventory turnover | - | - | - | - | - |
| Days sales outstanding | 97d | 90d | 92d | 157d | - |
| Days inventory outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - |
| Valuation | |||||
| P / E | 45.2x | 146.8x | - | 59.1x | 125.0x |
| P / B | 2.1x | 1.6x | 2.7x | 2.1x | 1.5x |
| P / S | 1.1x | 0.9x | 1.3x | 1.7x | - |
| EV / EBITDA | 16.3x | 34.8x | 49.8x | 20.0x | 27.5x |
| Growth | |||||
| Revenue growth (YoY) | 14.9% | 23.2% | 130.9% | - | - |
| Revenue CAGR (3y) | 48.4% | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - |
| Gross profit growth (YoY) | 17.4% | 26.6% | 652.8% | - | - |
| Operating income growth (YoY) | - | -204.9% | - | 173.9% | - |
| Net income growth (YoY) | 323.5% | - | - | 405.6% | - |
| EPS growth (YoY) | 329.4% | - | - | 117.6% | - |
| EPS CAGR (3y) | 25.4% | 0.0% | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - |
| FCF growth (YoY) | 41.2% | 145.9% | 16.5% | -16.0% | - |
| FCF CAGR (5y) | - | - | - | - | - |
| Book value growth (YoY) | 6.1% | 50.7% | 32.9% | 56.7% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$490.02M totalReportable Segment$490.02M · 100.0%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.28
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✗Current ratio improved
- ✗No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Services-Management Consulting Services
Comparing Bowman Consulting Group Ltd. against the 5 most active filers in the same SIC group.