Bowman Consulting Group (BWMN) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Bowman Consulting Group

NasdaqGM•Industrials•Engineering & Construction

$42.42-0.09(<0.01%)Pre-market

Market Cap

$697.77M

P/E

94.6x

P/S

1.3x

P/B

2.7x

Bowman Consulting Group Ltd., provides engineering, technical consulting, and program management services in the United States. The company offers planning, engineering, program management, commissioning, environmental consulting, geospatial imaging, surveying, land procurement, and other infrastructure management services. It also provides site and civil design and planning, structural engineering, landscape architecture, mechanical, electrical and plumbing, fire prevention engineering, construction management, procurement and oversight, program and asset management, and environmental consulting; LNG pipeline systems, power generation facility design, utility undergrounding, grid resiliency planning, mission critical planning, data center feasibility and design, bridging power design and procurement, utility scale on-site energization, grid interconnect engineering, and transmission corridor design; and road, highway and bridge design, ports and harbors engineering, asset controls, aviation facility engineering, logistics management, bridge inspections and underwater assessments, easement acquisition, and ADA compliance and certifications solutions. In addition, the company offers ALTA boundary, topographic, route, and land title surveys, as well as right of way mapping and underground utility location services; drone inspection of transmission lines, high altitude aerial orthoimaging, laser scanning and LiDAR imaging, reality capture, GIS map, digital underwater scanning and survey, marine asset condition assessment, and hydrology and geoscience; and land services. Further, it provides digital delivery and advisory services, such as GIS-enabled asset control kits, AI-enabled feasibility and due diligence studies, asset conditions monitoring and controls, predictive lifecycle cost analysis, rate studies, and interactive digital twin. The company was incorporated in 1995 and is headquartered in Reston, Virginia.

How this company scores

AverageMetricSide Score: 50/100

Strongest: Growth (15/25); weakest: Profitability (7/25).

Profitability7/25

Growth15/25

Balance Sheet & Red Flags13/25

Cash & Earnings Quality15/25

Strengths

Low leverageCash-backed earningsConsistent growthImproving margins

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 94.6x5y range 40.9x – 540.7x

Currently near its 15-quarter median.

P/S · 1.3x5y range 0.7x – 1.4x

Currently near its 19-quarter median.

P/B · 2.7x5y range 1.2x – 2.8x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Leverage Risk

Watch

Debt-to-equity has risen 38.0% recently — increasing financial risk even if the current ratio is manageable.

Price & Volume

Market Cap $697.77M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $527.60M
Q. Revenue: $146.13M
TTM EBITDA: $48.43M
TTM Op. Income: $17.72M
Q. Op. Income: $8.13M
TTM Net Income: $7.38M
Q. Net Income: $2.50M
EPS: $0.15
Shares Out.: $16.43M

$527.60M in TTM revenue grew 14.2% YoY, reaching $146.13M last quarter. TTM EBITDA of $48.43M and TTM operating income of $17.72M show growth is flowing through to the bottom line. TTM net income of $7.38M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 53.2%
EBITDA Margin: 10.9%
Op. Margin: 5.6%
Net Margin: 1.7%

Op. margin of 5.6% is down 1.8% YoY — costs are rising relative to revenue. Net margin at 1.7% and gross margin of 53.2% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 25% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 94.6x
P/S Ratio: 1.3x
P/B Ratio: 2.7x

At 94.6x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 1.3x and P/B of 2.7x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 120% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $620.06M
Cash: $10.49M
Long-Term Debt: $22.69M
Book Value: $256.49M
D/E Ratio: 0.1
Debt/EBITDA: 1.4

With $620.06M in assets and $22.69M in long-term debt, D/E is 0.1and book value is $256.49M — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-7.87M
TTM Free Cash Flow: $12.56M
FCF Margin: 2.4%
FCF / Net Income: 1.7

TTM FCF of $12.56M on $-7.87M in operating cash flow. The FCF / Net Income ratio of 1.7x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 3 consecutive quarters — a weakening trend.