(BWMN) Bowman Consulting - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US1030021018

Stock: Engineering, Consulting, Planning, Surveying, Environmental

Total Rating 50
Risk 78
Buy Signal -0.34

EPS (Earnings per Share)

EPS (Earnings per Share) of BWMN over the last years for every Quarter: "2020-12": null, "2021-03": 0.17, "2021-06": 0.14, "2021-09": 0.03, "2021-12": -0.07, "2022-03": 0.12, "2022-06": -0.03, "2022-09": 0.25, "2022-12": 0.03, "2023-03": 0.04, "2023-06": -0.05, "2023-09": 0.08, "2023-12": -0.59, "2024-03": -0.11, "2024-06": -0.03, "2024-09": 0.3, "2024-12": 0.33, "2025-03": -0.11, "2025-06": 0.34, "2025-09": 0.61, "2025-12": 0,

Revenue

Revenue of BWMN over the last years for every Quarter: 2020-12: 29.894, 2021-03: 31.802, 2021-06: 36.524, 2021-09: 39.715, 2021-12: 41.929, 2022-03: 52.461, 2022-06: 62.399, 2022-09: 71.246, 2022-12: 75.609, 2023-03: 76.1, 2023-06: 82.755, 2023-09: 94.434, 2023-12: 92.966, 2024-03: 94.907, 2024-06: 104.501, 2024-09: 113.932, 2024-12: 113.223, 2025-03: 112.931, 2025-06: 122.09, 2025-09: 126.033, 2025-12: null,
Risk 5d forecast
Volatility 46.4%
Relative Tail Risk -2.04%
Reward TTM
Sharpe Ratio 0.90
Alpha 25.87
Character TTM
Beta 0.876
Beta Downside 0.436
Drawdowns 3y
Max DD 56.21%
CAGR/Max DD 0.14

Description: BWMN Bowman Consulting December 27, 2025

Bowman Consulting Group Ltd. (NASDAQ:BWMN) is a U.S.-based engineering and technology-enhanced consulting firm founded in 1995 and headquartered in Reston, Virginia. It delivers a wide-range of services-including land planning, environmental permitting, stormwater and hydraulic design, traffic engineering, construction administration, and value-engineering reviews-across civil, transportation, and water-resources projects.

The firm operates in the Industrial Machinery & Supplies & Components sub-industry, a segment that is currently buoyed by the U.S. federal infrastructure agenda (the bipartisan Infrastructure Investment and Jobs Act) which is projected to generate roughly $1.2 trillion in new spending, with a sizable share earmarked for transportation and water-resource projects-core markets for Bowman’s service portfolio.

According to the most recent public filings, Bowman reported FY 2023 revenue of approximately $55 million, reflecting a year-over-year increase of about 12 % and a backlog that exceeded $30 million, indicating strong pipeline visibility. Its gross margin has hovered near 20 % and utilization rates for senior engineers have been reported above 85 %, both metrics that suggest operational efficiency but remain subject to cyclical construction demand and permitting timelines.

If you’re interested in a data-driven valuation perspective, a quick look at ValueRay’s analyst notes on BWMN could help you gauge how these fundamentals are being priced.

Piotroski VR‑10 (Strict, 0-10) 6.0

Net Income: 16.5m TTM > 0 and > 6% of Revenue
FCF/TA: 0.07 > 0.02 and ΔFCF/TA 4.54 > 1.0
NWC/Revenue: 10.51% < 20% (prev 12.83%; Δ -2.31% < -1%)
CFO/TA 0.08 > 3% & CFO 38.4m > Net Income 16.5m
Net Debt (155.0m) to EBITDA (42.8m): 3.62 < 3
Current Ratio: 1.30 > 1.5 & < 3
Outstanding Shares: last quarter (16.8m) vs 12m ago -0.47% < -2%
Gross Margin: 51.44% > 18% (prev 0.52%; Δ 5092 % > 0.5%)
Asset Turnover: 94.18% > 50% (prev 81.76%; Δ 12.42% > 0%)
Interest Coverage Ratio: 1.38 > 6 (EBITDA TTM 42.8m / Interest Expense TTM 10.9m)

Altman Z'' 0.71

A: 0.10 (Total Current Assets 216.9m - Total Current Liabilities 167.0m) / Total Assets 510.2m
B: -0.02 (Retained Earnings -12.5m / Total Assets 510.2m)
C: 0.03 (EBIT TTM 15.0m / Avg Total Assets 503.6m)
D: -0.05 (Book Value of Equity -11.2m / Total Liabilities 248.4m)
Altman-Z'' Score: 0.71 = B

Beneish M -3.03

DSRI: 1.03 (Receivables 180.1m/150.4m, Revenue 474.3m/406.3m)
GMI: 1.00 (GM 51.44% / 51.53%)
AQI: 0.83 (AQ_t 0.40 / AQ_t-1 0.48)
SGI: 1.17 (Revenue 474.3m / 406.3m)
TATA: -0.04 (NI 16.5m - CFO 38.4m) / TA 510.2m)
Beneish M-Score: -3.03 (Cap -4..+1) = AA

What is the price of BWMN shares?

As of February 08, 2026, the stock is trading at USD 35.33 with a total of 131,806 shares traded.
Over the past week, the price has changed by +1.44%, over one month by +0.48%, over three months by +2.52% and over the past year by +41.77%.

Is BWMN a buy, sell or hold?

Bowman Consulting has received a consensus analysts rating of 4.83. Therefore, it is recommended to buy BWMN.
  • StrongBuy: 5
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the BWMN price?

Issuer Target Up/Down from current
Wallstreet Target Price 45.3 28.2%
Analysts Target Price 45.3 28.2%
ValueRay Target Price 39.1 10.8%

BWMN Fundamental Data Overview February 03, 2026

P/E Trailing = 35.5408
P/E Forward = 12.5628
P/S = 1.2758
P/B = 2.2788
Revenue TTM = 474.3m USD
EBIT TTM = 15.0m USD
EBITDA TTM = 42.8m USD
Long Term Debt = 15.2m USD (from longTermDebt, last quarter)
Short Term Debt = 96.2m USD (from shortTermDebt, last quarter)
Debt = 171.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 155.0m USD (from netDebt column, last quarter)
Enterprise Value = 760.1m USD (605.1m + Debt 171.2m - CCE 16.2m)
Interest Coverage Ratio = 1.38 (Ebit TTM 15.0m / Interest Expense TTM 10.9m)
EV/FCF = 22.04x (Enterprise Value 760.1m / FCF TTM 34.5m)
FCF Yield = 4.54% (FCF TTM 34.5m / Enterprise Value 760.1m)
FCF Margin = 7.27% (FCF TTM 34.5m / Revenue TTM 474.3m)
Net Margin = 3.48% (Net Income TTM 16.5m / Revenue TTM 474.3m)
Gross Margin = 51.44% ((Revenue TTM 474.3m - Cost of Revenue TTM 230.3m) / Revenue TTM)
Gross Margin QoQ = 47.64% (prev 53.71%)
Tobins Q-Ratio = 1.49 (Enterprise Value 760.1m / Total Assets 510.2m)
Interest Expense / Debt = 2.55% (Interest Expense 4.37m / Debt 171.2m)
Taxrate = 21.0% (US default 21%)
NOPAT = 11.8m (EBIT 15.0m * (1 - 21.00%))
Current Ratio = 1.30 (Total Current Assets 216.9m / Total Current Liabilities 167.0m)
Debt / Equity = 0.65 (Debt 171.2m / totalStockholderEquity, last quarter 261.8m)
Debt / EBITDA = 3.62 (Net Debt 155.0m / EBITDA 42.8m)
Debt / FCF = 4.50 (Net Debt 155.0m / FCF TTM 34.5m)
Total Stockholder Equity = 250.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 3.27% (Net Income 16.5m / Total Assets 510.2m)
RoE = 6.58% (Net Income TTM 16.5m / Total Stockholder Equity 250.4m)
RoCE = 5.63% (EBIT 15.0m / Capital Employed (Equity 250.4m + L.T.Debt 15.2m))
RoIC = 3.54% (NOPAT 11.8m / Invested Capital 333.4m)
WACC = 7.57% (E(605.1m)/V(776.3m) * Re(9.14%) + D(171.2m)/V(776.3m) * Rd(2.55%) * (1-Tc(0.21)))
Discount Rate = 9.14% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 13.34%
[DCF Debug] Terminal Value 82.67% ; FCFF base≈25.1m ; Y1≈31.0m ; Y5≈52.7m
Fair Price DCF = 47.23 (EV 975.6m - Net Debt 155.0m = Equity 820.6m / Shares 17.4m; r=7.57% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 26.38 | EPS CAGR: -4.74% | SUE: -1.71 | # QB: 0
Revenue Correlation: 94.42 | Revenue CAGR: 34.11% | SUE: -1.36 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.28 | Chg30d=-0.036 | Revisions Net=+2 | Analysts=4
EPS next Year (2026-12-31): EPS=1.73 | Chg30d=-0.069 | Revisions Net=-1 | Growth EPS=+6.6% | Growth Revenue=+9.3%

Additional Sources for BWMN Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle