Stocks · Industrials · Services-Management Consulting Services

Bowman Consulting Group Ltd.

BWMN Clue Score68
United States CIK 0001847590
$42.70 -0.19% Close, 9 Oct 2026
Price $42.70 +210.55% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 7 May 2021. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2020Revenue122.0Operating income1.9Net income1.0EPS, diluted0.17Fiscal year 2021Revenue150.0 +22.9%Operating income0.2Net income0.3 −69.8%EPS, diluted0.03Fiscal year 2022Revenue261.7 +74.5%Operating income5.1Net income5.0 +1,573.9%EPS, diluted0.37Fiscal year 2023Revenue346.3 +32.3%Operating income−0.7Net income−6.6 −232.3%EPS, diluted−0.53Fiscal year 2024Revenue426.6 +23.2%Operating income−2.0Net income3.0EPS, diluted0.17Fiscal year 2025Revenue490.0 +14.9%Operating income19.7Net income12.8 +323.5%EPS, diluted0.73
FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 122.0 150.0 261.7 346.3 426.6 490.0
Growth +22.9% +74.5% +32.3% +23.2% +14.9%
Operating income 1.9 0.2 5.1 −0.7 −2.0 19.7
Net income 1.0 0.3 5.0 −6.6 3.0 12.8
Growth −69.8% +1,573.9% −232.3% +323.5%
EPS, diluted 0.17 0.03 0.37 −0.53 0.17 0.73

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2020Operating margin1.5%Net margin0.8%Free cash flow margin8.1%Fiscal year 2021Operating margin0.1%Net margin0.2%Free cash flow margin2.5%Fiscal year 2022Operating margin2.0%Net margin1.9%Free cash flow margin3.2%Fiscal year 2023Operating margin−0.2%Net margin−1.9%Free cash flow margin2.8%Fiscal year 2024Operating margin−0.5%Net margin0.7%Free cash flow margin5.6%Fiscal year 2025Operating margin4.0%Net margin2.6%Free cash flow margin6.8%
FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 1.5% 0.1% 2.0% −0.2% −0.5% 4.0%
Net margin 0.8% 0.2% 1.9% −1.9% 0.7% 2.6%
Free cash flow margin 8.1% 2.5% 3.2% 2.8% 5.6% 6.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2020Operating cash flow10.8Capital expenditure−0.9Free cash flow9.8Buybacks−1.3Fiscal year 2021Operating cash flow4.7Capital expenditure−0.9Free cash flow3.8 −61.3%Buybacks−0.6Fiscal year 2022Operating cash flow9.2Capital expenditure−0.9Free cash flow8.3 +116.9%Buybacks0.0Fiscal year 2023Operating cash flow11.7Capital expenditure−2.1Free cash flow9.6 +16.5%Buybacks−0.7Fiscal year 2024Operating cash flow24.3Capital expenditure−0.6Free cash flow23.7 +145.9%Buybacks−23.3Fiscal year 2025Operating cash flow35.8Capital expenditure−2.4Free cash flow33.4 +41.2%Buybacks−18.8
FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 10.8 4.7 9.2 11.7 24.3 35.8
Capital expenditure −0.9 −0.9 −0.9 −2.1 −0.6 −2.4
Free cash flow 9.8 3.8 8.3 9.6 23.7 33.4
Growth −61.3% +116.9% +16.5% +145.9% +41.2%
Buybacks −1.3 −0.6 0.0 −0.7 −23.3 −18.8

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2020Cash0.4Shareholders’ equity17.1Fiscal year 2021Cash20.6Total debt12.9Net cash (debt)7.8Shareholders’ equity78.4Debt to equity0.16Fiscal year 2022Cash13.3Total debt27.2Net cash (debt)−13.9Shareholders’ equity122.9Debt to equity0.22Fiscal year 2023Cash20.7Total debt28.8Net cash (debt)−8.1Shareholders’ equity163.3Debt to equity0.18Fiscal year 2024Cash6.7Total debt38.1Net cash (debt)−31.4Shareholders’ equity246.1Debt to equity0.15Fiscal year 2025Cash11.1Total debt57.6Net cash (debt)−46.5Shareholders’ equity261.1Debt to equity0.22
FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.4 20.6 13.3 20.7 6.7 11.1
Total debt n/a 12.9 27.2 28.8 38.1 57.6
Net cash (debt) n/a 7.8 −13.9 −8.1 −31.4 −46.5
Shareholders’ equity 17.1 78.4 122.9 163.3 246.1 261.1
Debt to equity n/a 0.16 0.22 0.18 0.15 0.22

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022† 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
122.0 150.0 261.7 346.3 426.6 490.0
Growth +22.9% +74.5% +32.3% +23.2% +14.9%
66.5 74.5 126.6 170.2 203.8 228.5
51.5 69.0 117.8 158.4 197.5 215.1
1.9 0.2 5.1 −0.7 −2.0 19.7
Growth −91.4% +3,100.0% −112.8%
2.0 −1.3 1.7 −6.4 −8.9 11.2
1.0 −1.6 −3.3 0.2 −12.0 −1.7
1.0 0.3 5.0 −6.6 3.0 12.8
Growth −69.8% +1,573.9% −232.3% +323.5%
Per share
0.17 0.03 0.39 −0.53 0.18 0.74
0.17 0.03 0.37 −0.53 0.17 0.73
Growth −82.4% +1,133.3% −243.2% +329.4%
5.4 7.5 10.9 12.5 15.8 16.4
5.4 7.6 11.7 12.5 16.1 16.7
Growth +41.1% +53.0% +6.9% +29.2% +3.8%

† The diluted share count jumps at 2022, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 32.1% a year over five years.
  • Operating margin is up 2.5 points on five years ago, at 4.0%.
  • A net loss in 1 of 6 years on file.