Bowman Consulting Group (BWMN) AI Stock Analysis

• Market Cap: $629.08M
• Dividend Yield: N/A
• Average Volume (3M): 137.66K
• Price to Earnings (P/E): 37.7
• Beta (1Y): 1.17
• Revenue Growth: 16.73%
• EPS Growth: N/A
• Country: US
• Employees: 2,300
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 0.61
• Shares Outstanding: 17,373,129
• 10 Day Avg. Volume: 138,064
• 30 Day Avg. Volume: 137,659
• PEG Ratio: -1.05
• Price to Book (P/B): 1.60
• Price to Sales (P/S): 0.92
• P/FCF Ratio: 16.60
• Enterprise Value/Market Cap: 1.38
• Enterprise Value/Revenue: 1.84
• Enterprise Value/Gross Profit: 3.57
• Enterprise Value/Ebitda: 20.35
• 1Y Price Target: $45.75
• Price Target Upside: 27.69% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): 1.58
• Revenue Forecast (FY): $433.71M

• Rating: 57 Neutral
• Price Target: $34.00 ▼(-5.11% Downside)

Bowman Consulting Group's overall stock score is primarily impacted by its financial performance challenges, including declining revenue and modest profitability margins. The technical analysis indicates bearish trends, further weighing down the score. However, positive sentiment from the earnings call and strategic corporate events provide some optimism for future growth. The stock's valuation appears high, limiting its attractiveness.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, supporting long-term financial health.

Strategic Acquisitions

Acquisitions like RPT Alliance expand Bowman's service offerings and market presence, enhancing competitive positioning in the energy sector.

Backlog Expansion

A growing backlog suggests sustained demand and provides revenue visibility, supporting future growth and stability.

Negative Factors

Declining Revenue

Declining revenue can hinder growth prospects and operational efficiency, necessitating strategic adjustments to reverse the trend.

Low Profit Margins

Low profit margins limit profitability and financial flexibility, potentially affecting the company's ability to invest in growth initiatives.

Government Shutdown Impact

Government shutdowns can disrupt project timelines and cash flow, impacting short-term operations and financial performance.

Bowman Consulting Group Business Overview & Revenue Model

Company Description

Bowman Consulting Group Ltd. provides a range of real estate, energy, infrastructure, and environmental management solutions in the United States. It offers civil and site engineering services, such as conceptual land planning, environmental consulting and permitting, planning/zoning and entitlements, roadway and highway designs, erosion and sediment designs, stormwater management designs, construction administration, traffic studies, floodplain studies, and utility relocation designs; and commissioning and energy efficiency services comprise construction observation, direct systems functional performance testing, system development readiness checklist, post occupancy review, review of construction documents, deferred/seasonal functional testing, final commissioning report, and commissioning review of submittals. The company also provides construction management services, including constructability review, value engineering, budgeting and cost estimating, interagency and utility coordination, onsite observation and report evaluation, public communication and outreach, and resident engineer services, as well as bid solicitation, documentation, and preparation services; and environmental consulting services consisting of wetlands and waters of the U.S. delineations, natural resources inventories, wildlife and vegetation surveys, threatened and endangered species surveys, endangered species conservation and management, wetland creation and enhancement design, NEPA documentation, section 404/401 permitting and compliance, NPDES permitting, and phase I environmental site assessment. In addition, it offers landscape architecture, land procurement and right-of-way acquisition, structural engineering, surveying and geospatial engineering, and transportation and water resources engineering services, as well as mechanical, electrical, and plumbing engineering services. Bowman Consulting Group Ltd. was incorporated in 1995 and is headquartered in Reston, Virginia.

How the Company Makes Money

Bowman Consulting Group generates revenue primarily through its consulting services, which encompass engineering, planning, environmental assessments, and land surveying. The company charges clients on a fee-for-service basis, where fees are determined by the scope and complexity of projects. Key revenue streams include contracts with government agencies for public infrastructure projects, private sector projects in real estate and development, and specialized environmental consulting services. Additionally, Bowman may enter into strategic partnerships with other firms or government entities, which can enhance its service offerings and expand its project portfolio, further contributing to its earnings.

Bowman Consulting Group Financial Statement Overview

Summary

Bowman Consulting Group faces challenges with declining revenue and modest profitability margins, impacting its income statement score. The balance sheet is stable with a balanced debt-to-equity ratio, but returns on equity are low. The cash flow statement is a strong point, showing positive free cash flow growth and efficient cash conversion. Overall, the company needs to focus on reversing revenue declines and improving profitability to enhance its financial position.

Income Statement

Bowman Consulting Group's income statement shows a significant decline in revenue, with a TTM revenue growth rate of -75.5%. The gross profit margin remains relatively stable at around 51%, but the net profit margin is low at 2.37%. The EBIT and EBITDA margins are also modest, indicating limited operational efficiency. The company needs to address its revenue decline to improve profitability.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio of 0.45, indicating a balanced capital structure. The return on equity is low at 4.45%, suggesting limited returns for shareholders. The equity ratio is not explicitly calculated, but the company's equity position appears stable relative to its assets. Overall, the balance sheet is stable but shows room for improvement in generating shareholder returns.

Cash Flow

The cash flow statement shows positive free cash flow growth of 11.46% in the TTM period, indicating improved cash generation. The operating cash flow to net income ratio is 0.23, and the free cash flow to net income ratio is 0.88, suggesting efficient cash conversion. The company demonstrates strong cash flow management, which is a positive aspect of its financial health.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	474.28M	426.56M	346.26M	261.71M	149.97M	122.02M
Gross Profit	243.95M	222.80M	176.03M	135.13M	75.44M	55.51M
EBITDA	42.78M	25.97M	17.66M	17.29M	6.41M	4.04M
Net Income	16.48M	2.80M	-6.62M	5.00M	299.00K	990.00K
Balance Sheet
Total Assets	510.18M	505.88M	402.79M	255.76M	138.17M	63.64M
Cash, Cash Equivalents and Short-Term Investments	16.22M	6.70M	20.69M	13.28M	20.62M	386.00K
Total Debt	171.22M	150.44M	140.69M	81.03M	28.01M	18.90M
Total Liabilities	248.37M	259.77M	239.50M	132.90M	59.76M	46.50M
Stockholders Equity	261.81M	246.12M	163.28M	122.86M	78.41M	17.14M
Cash Flow
Free Cash Flow	34.48M	23.68M	9.63M	8.27M	3.81M	9.85M
Operating Cash Flow	38.39M	24.30M	11.72M	9.17M	4.72M	10.77M
Investing Cash Flow	-5.26M	-27.47M	-27.16M	-18.75M	-21.53M	-2.41M
Financing Cash Flow	-28.57M	-10.82M	22.84M	2.25M	37.05M	-8.48M

Bowman Consulting Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 35.83
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BWMN, the sentiment is Positive. The current price of 35.83 is above the 20-day moving average (MA) of 34.61, below the 50-day MA of 38.44, and above the 200-day MA of 32.18, indicating a neutral trend. The MACD of -0.62 indicates Negative momentum. The RSI at 49.65 is Neutral, neither overbought nor oversold. The STOCH value of 80.69 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BWMN.

Bowman Consulting Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GLDD	81 Outperform	$937.03M	11.72	17.37%	―	12.53%	35.68%
LMB	73 Outperform	$883.06M	26.10	22.61%	―	16.56%	35.80%
ORN	66 Neutral	$432.53M	45.21	6.31%	―	7.02%	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
BBCP	58 Neutral	$359.81M	43.04	3.32%	―	-8.98%	-38.23%
BWMN	57 Neutral	$629.08M	37.68	6.31%	―	16.73%	―
MTRX	47 Neutral	$342.56M	-14.44	-16.33%	―	17.16%	24.10%

Bowman Consulting Group Corporate Events

Bowman Consulting Group Expands Credit Agreement for Growth

On October 30, 2025, Bowman Consulting Group Ltd. announced a Second Amendment to its Credit Agreement, increasing its revolving commitment to $210 million and allowing for the dissolution of inactive subsidiaries. This amendment, involving Bank of America, TD Bank, and PNC Bank, is expected to support Bowman’s strategic growth initiatives. Additionally, Bowman reported strong financial results for the third quarter of 2025, with significant revenue and net income growth compared to the previous year. The company also expanded its power and data center practices through acquisitions, enhancing its service offerings and positioning for future growth. Bowman’s financial guidance for 2025 and 2026 indicates continued confidence in scaling its operations and increasing shareholder value.