Bowman Consulting Group Ltd. logo BWMN - Bowman Consulting Group Ltd.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 6
HOLD 1
SELL 0
STRONG
SELL 0
| PRICE TARGET: $58.00 DETAILS
HIGH: $58.00
LOW: $58.00
MEDIAN: $58.00
CONSENSUS: $58.00
UPSIDE: 82.79%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019
Revenue
Revenue 490.0 426.6 346.3 261.7 150.0 122.0 113.7
Cost of Revenue 256.0 203.8 170.2 126.6 74.5 66.5 58.6
Gross Profit 234.0 222.8 176.0 135.1 75.4 55.5 55.2
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0
SG&A Expenses 215.1 197.5 158.4 117.8 69.0 51.5 51.5
Other Expenses 0 27.4 18.3 12.2 6.2 2.2 0.8
Operating Expenses 215.1 224.8 176.7 130.0 75.3 53.6 52.3
Operating Income
Operating Income 18.9 (2) (0.7) 5.1 0.2 1.9 3.0
Interest Expense 0 8.0 5.3 3.2 0.9 0.6 0.6
Interest Income 0 0 5.3 2.5 0.9 0.6 0
Profitability
EBITDA 46.5 26.0 17.7 17.3 6.4 4.0 3.7
EBIT 18.9 (2.5) (1.1) 5.0 0.0 1.8 2.9
Income Before Tax 11.2 (8.9) (6.4) 1.7 (1.3) 2.0 2.6
Income Tax Expense (1.1) (12.0) 0.2 (3.3) (1.6) 1.0 1.0
Net Income 12.2 2.8 (6.6) 5.0 0.3 1.0 1.5
Per Share Data
EPS (Basic) 0.74 0.18 -0.53 0.39 0.02 0.09 0.15
EPS (Diluted) 0.73 0.17 -0.53 0.37 0.02 0.09 0.15
Shares Outstanding 16.4 15.8 12.5 10.9 11.5 10.0 9.5
Metric 2025 2024 2023 2022 2021 2020 2019
Current Assets
Cash & Cash Equivalents 11.1 6.7 20.7 13.3 20.6 0.4 0.5
Short-Term Investments 0 0 0 0 0 0 0
Net Receivables 184.2 150.4 122.3 81.8 48.9 32.4 40.1
Inventory 0 0 0 0 0 0 0
Other Current Assets 17.7 19.6 11.8 7.1 0 0 0
Total Current Assets 213.0 176.6 154.8 102.1 74.4 35.1 42.9
Non-Current Assets
Property, Plant & Equipment 95.0 84.1 68.3 55.4 20.2 15.4 4.8
Goodwill 173.6 134.7 96.4 53.2 28.5 9.2 9.2
Intangible Assets 88.6 65.4 46.3 27.9 12.3 1.1 0.7
Long-Term Investments 2.0 1.6 0 0 0 0 0
Other Non-Current Assets 1.7 1.5 3.2 3.3 2.8 2.9 9.3
Total Non-Current Assets 366.7 329.3 248.0 153.6 63.8 28.5 23.9
Total Assets 579.7 505.9 402.8 255.8 138.2 63.6 66.8
Current Liabilities
Account Payables 60.0 51.6 44.0 0 0 0 0
Short-Term Debt 48.4 54.1 59.3 10.2 4.5 5.1 10.1
Deferred Revenue 11.0 7.9 7.5 6.4 4.6 1.9 7.9
Other Current Liabilities 95.0 0 0.4 40.3 18.6 12.8 14.5
Total Current Liabilities 214.7 135.0 126.8 69.1 32.9 23.3 32.6
Non-Current Liabilities
Long-Term Debt 34.3 20.0 13.7 16.3 8.4 2.8 1.9
Deferred Tax Liabilities 0.3 0 0 0 4.3 6.5 6.0
Other Non-Current Liabilities 5.1 49.8 46.9 5.2 4.2 6.4 48.9
Total Non-Current Liabilities 103.8 124.8 112.7 63.8 26.9 23.2 57.5
Total Liabilities 318.6 259.8 239.5 132.9 59.8 46.5 90.1
Stockholders' Equity
Common Stock 0.2 0.2 0.2 0.2 0.1 0.0 0
Retained Earnings (10.5) (23.4) (26.4) (19.8) (24.8) (25.1) (17.4)
Accumulated Other Comprehensive Income 0.9 1.1 0.6 0.6 0 0 0
Total Stockholders' Equity 261.1 246.1 163.3 122.9 78.4 17.1 (23.3)
Total Liabilities & Equity 579.7 505.9 402.8 255.8 138.2 63.6 66.8
Debt Metrics
Total Debt 146.8 150.4 140.7 81.0 28.0 18.9 12.7
Net Debt 135.8 143.7 120 67.7 7.4 18.5 12.2
Metric 2025 2024 2023 2022 2021 2020 2019
Operating Activities
Net Income 12.2 3.0 (6.6) 5.0 0.3 1.0 1.5
Depreciation & Amortization 27.6 28.4 18.7 12.3 6.4 2.3 0.8
Stock-Based Compensation 18.8 25.7 24.7 15.1 8.2 5.1 4.3
Change in Working Capital (61.6) (14.5) (0.3) (6.1) (8.4) (1.3) (2.8)
Other Non-Cash Items 2.4 1.6 0.7 0.9 0.4 3.4 3.9
Operating Cash Flow 35.8 24.3 11.7 9.2 4.7 10.8 8.2
Investing Activities
Capital Expenditure (2.4) (0.6) (2.1) (0.9) (0.9) (0.9) (3.4)
Acquisitions (35.2) (24.4) (25.7) (18.0) (20.3) (0.4) 0.1
Purchases of Investments 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0
Other Investing Activities 1.8 (2.4) 0.6 0.2 (0.3) (1.1) (1.0)
Investing Cash Flow (35.8) (27.5) (27.2) (18.8) (21.5) (2.4) (4.3)
Financing Activities
Net Debt Issuance 27.9 (23.1) 26.8 (11.4) (9.9) (6.3) (3.6)
Stock Repurchased (24.0) (34.5) (5.6) (3.3) (0.6) (1.3) (0.0)
Dividends Paid 0 0 0 0 0 0 0
Other Financing Activities (1.4) (2.3) 1.6 0 (0.1) (1.0) (0.1)
Financing Cash Flow 4.3 (10.8) 22.8 2.2 37.0 (8.5) (3.6)
Cash Position
Net Change in Cash 4.4 (14.0) 7.4 (7.3) 20.2 (0.1) 0.3
Cash at Beginning 6.7 20.7 13.3 20.6 0.4 0.5 0.2
Cash at End 11.1 6.7 20.7 13.3 20.6 0.4 0.5
Free Cash Flow 33.4 23.7 9.6 8.3 3.8 9.8 4.9
Key Metrics 2025 2024 2023 2022 2021 2020 2019
Income Statement
Revenue 490.0 426.6 346.3 261.7 150.0 122.0 113.7
Gross Profit 234.0 222.8 176.0 135.1 75.4 55.5 55.2
Operating Income 18.9 (2) (0.7) 5.1 0.2 1.9 3.0
Net Income 12.2 2.8 (6.6) 5.0 0.3 1.0 1.5
EPS (Diluted) 0.73 0.17 -0.53 0.37 0.02 0.09 0.15
Balance Sheet
Cash & Equivalents 11.1 6.7 20.7 13.3 20.6 0.4 0.5
Total Assets 579.7 505.9 402.8 255.8 138.2 63.6 66.8
Total Debt 146.8 150.4 140.7 81.0 28.0 18.9 12.7
Stockholders' Equity 261.1 246.1 163.3 122.9 78.4 17.1 (23.3)
Cash Flow
Operating Cash Flow 35.8 24.3 11.7 9.2 4.7 10.8 8.2
Capital Expenditure (2.4) (0.6) (2.1) (0.9) (0.9) (0.9) (3.4)
Free Cash Flow 33.4 23.7 9.6 8.3 3.8 9.8 4.9