Saturday 17 October 2026 Export BWMN’s income statement to Excel — free account

Bowman Consulting Group Ltd.

BWMN Industrials Engineering & Construction

Bowman Consulting Group Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $490.0 million, up 14.9% from fiscal 2024. In the quarter to June 2026, revenue grew 19.7%, EPS fell 57.1%, free cash flow fell 457.9% and total debt rose 103.2%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three.

42.79 0.00 0.00%

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Market cap: $741.7M
P/E: 102×
Fwd P/E: 37.7×
Dividend yield: —
F-score: 5/9
Altman Z: 1.95
Beneish M: −2.58
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 5.57

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	1	1	1	—	1	1	1	—	2	1	—

Insider Ownership 14.50%

Capital & Financial Ratios $m

Market Cap 741.71

Revenue 527.60

Net Income 7.38

Free Cash Flow 13.38

Net Debt 183.06

Current Ratio 0.90

Debt/Equity 0.75

P/E ratio 101.88

Fwd P/E 37.70

P/S ratio 1.33

P/B ratio 2.74

Past 5Y EPS Growth 31.89%

This Y EPS Growth 15.98%

Next Y EPS Growth 26.94%

Next Y revenue growth 21.26%

Next 5Y EPS Growth 21.36%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 57.93%

10-year low 10-year high

P/S against its own 10 years 90.79%

10-year low 10-year high

P/B against its own 10 years 91.45%

10-year low 10-year high

EV/Sales against its own 10 years 99.27%

10-year low 10-year high

EV/FCF against its own 10 years 92.18%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	21	7	11	10
Receivables	88	105	131	140
Inventory	—	—	—	—
Other	45	63	71	84
	155	177	213	236

	2023	2024	2025	Q'26
Payables	44	52	60	60
ST’ Debt	45	37	95	136
Other	7	8	11	14
	127	135	215	261

Compound Annual Growth %

	10y	5y	3y
Sales	—	32.06%	23.25%
Cash Flow	—	27.17%	57.50%
Earnings	—	67.23%	42.54%
Book Value	—	72.42%	28.57%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	126	146	—	—	—
’25	113	122	126	129	490
’24	95	105	114	113	427
’23	76	83	94	93	346
’22	52	62	71	76	262
’21	32	37	40	42	150
’20	29	32	32	30	122

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	12	(8)	—	—	—
’25	12	4	10	9	36
’24	3	3	7	12	24
’23	6	(4)	10	(1)	12
’22	2	2	8	(3)	9
’21	0	(1)	4	1	5
’20	(2)	10	1	2	11

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	10	(15)	—	—	—
’25	11	4	11	8	34
’24	3	3	7	12	21
’23	6	(4)	9	0	10
’22	2	2	7	(3)	8
’21	0	(1)	4	1	4
’20	(2)	9	1	2	10

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.22)	0.14	—	—	—
’25	(0.11)	0.34	0.37	0.11	0.73
’24	(0.11)	(0.13)	0.04	0.33	0.17
’23	0.04	(0.05)	0.08	(0.59)	(0.53)
’22	0.12	(0.03)	0.25	0.03	0.37
’21	0.17	(0.06)	0.03	(0.07)	0.03
’20	0.08	0.29	(0.22)	0.04	0.18

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	12.60	10.76	20.03	19.93	17.90	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	22.82	22.46	36.74	42.90	45.83
People
People	Employees	—	—	—	—	750	1,000	1,600	2,000	2,200	2,300
	Revenue/emp, $m	—	—	—	0.00	0.16	0.15	0.16	0.17	0.19	0.21
Income, $m
Income, $m	Revenue	—	—	—	114	122	150	262	346	427	490
	Gross margin, %	—	—	—	47.80	45.49	50.30	51.63	50.84	52.23	53.37
	EBT	—	—	—	3	2	(1)	2	(6)	(9)	11
	EBT margin, %	—	—	—	2.25	1.62	(0.85)	0.66	(1.86)	(2.10)	2.28
	Net income	—	0	—	1	1	0	5	(7)	3	13
	Depreciation	—	—	—	1	2	6	13	19	29	29
Per share, $
Per share, $	Revenue	—	—	—	11.35	22.60	19.93	24.04	27.72	27.08	29.85
	Earnings	—	—	—	0.15	0.18	0.03	0.39	(0.53)	0.18	0.74
	Cash flow	—	—	—	0.82	1.99	0.63	0.84	0.94	1.54	2.18
	Capex	—	—	—	0.00	(0.15)	(0.10)	(0.08)	(0.13)	(0.20)	(0.11)
	Free cash flow	—	—	—	0.82	1.84	0.52	0.76	0.80	1.35	2.08
	Book value	—	—	—	1.33	3.17	10.42	11.28	13.07	15.62	15.91
	Shares, m	—	—	—	10	5	8	11	12	16	16
Valuation, ×
Valuation, ×	P/E	—	—	—	50.52	50.52	303.57	53.95	0.00	178.21	45.23
	P/S	—	—	—	0.57	0.57	1.07	0.85	1.25	0.92	1.11
	P/B	—	—	—	3.87	3.87	2.04	1.82	2.64	1.60	2.08
	EV/Sales	—	—	—	0.71	0.71	1.12	1.00	1.40	1.08	1.40
	EV/FCF	—	—	—	7.94	7.94	42.47	31.66	48.25	19.10	20.07
Cash, $m
Cash, $m	Operating cash flow	—	—	—	8	11	5	9	12	24	36
	Capex	—	—	—	(3)	(1)	(1)	(1)	(2)	(3)	(2)
	Free cash flow	—	—	—	8	10	4	8	10	21	34
Balance, $m
Balance, $m	Working capital	—	—	—	10	12	42	33	28	42	(2)
	Total debt	—	—	—	13	14	28	53	73	75	153
	Net debt	—	—	—	12	13	7	40	53	68	142
	Shareholders’ equity	—	—	—	13	17	78	123	163	246	261
Returns, %
Returns, %	ROA	—	—	—	4.34	1.42	0.24	2.14	(2.01)	0.62	2.25
	ROIC	—	—	—	0.00	3.82	0.12	1.97	(0.19)	(0.40)	3.05
	ROE	—	—	—	(53.46)	(30.43)	0.51	4.20	(4.63)	1.37	4.82

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
CDLR Cadeler A/S Sponsored ADR	$2.1B	— (loss-making)	—	+122.12% (above 0%: growing)	n/m	+99.04% (above 0%: growing)	21.46%	6.24%	Compare
WLDN Willdan Group, Inc.	$1.1B	16.4×	25.9×	+33.18% (above 0%: growing)	+51.40% (above 0%: growing)	+82.02% (above 0%: growing)	37.85%	8.54%	Compare
AMRC Ameresco, Inc.	$1.1B	36.8×	27.6×	+9.14% (above 0%: growing)	−25.00% (below 0%: shrinking)	−81.22% (below 0%: shrinking)	17.71%	8.57%	Compare
CDNL Cardinal Infrastructure Group Inc.	$755.8M	—	—	—	—	−728.05% (below 0%: shrinking)	15.88%	6.82%	Compare
BWMN Bowman Consulting Group Ltd.	$741.7M	102×	37.7×	+19.69% (above 0%: growing)	−57.14% (below 0%: shrinking)	−457.88% (below 0%: shrinking)	53.20%	5.57%
BBCP CONCRETE PUMPING HOLDINGS, INC.	$459.6M	53.4×	61.4×	+12.63% (above 0%: growing)	+28.57% (above 0%: growing)	−28.85% (below 0%: shrinking)	38.74%	12.92%	Compare
ORN Orion Group Holdings, Inc.	$355.1M	89.8×	41.8×	+8.08% (above 0%: growing)	n/m	−140.87% (below 0%: shrinking)	10.33%	(0.59%)	Compare
PHOE Phoenix Asia Holdings Limited	$351.2M	—	—	—	—	−1,148.32% (below 0%: shrinking)	—	—	Compare
MTRX Matrix Service Company	$286.9M	— (loss-making)	19.5×	+13.01% (above 0%: growing)	n/m	−125.30% (below 0%: shrinking)	7.97%	(0.36%)	Compare
Median of peers	$607.7M	45.1×	27.6×	+12.82%	+28.57%	−103.26%	17.71%	6.82%

All 51 Engineering & Construction stocks →

Bowman Consulting Group Ltd. (BWMN) key facts

Strength: Bowman Consulting Group Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $490.0 million, up 14.9% from fiscal 2024.
Bowman Consulting Group Ltd. (BWMN) is an Engineering & Construction company in the Industrials sector, listed on Nasdaq.
As of October 16, 2026, BWMN traded at $42.79, a market capitalization of $741.7 million.
Return on equity was 4.82% and debt-to-equity 0.75.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 1.95 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.