Financial Snapshot

Revenue
$386.8M
TTM
Gross Margin
51.28%
TTM
Net Earnings
-$10.03M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
125.92%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$235.6M
Q2 2024
Cash
Q2 2024
P/E
-43.57
Sep 13, 2024 EST
Free Cash Flow
$13.18M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $346.3M $261.7M $150.0M $122.0M $113.7M
YoY Change 32.3% 74.51% 22.91% 7.32%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $346.3M $261.7M $150.0M $122.0M $113.7M
Cost Of Revenue $170.2M $126.6M $74.53M $66.50M $58.60M
Gross Profit $176.0M $135.1M $75.44M $55.50M $55.20M
Gross Profit Margin 50.84% 51.63% 50.3% 45.48% 48.55%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $158.4M $117.8M $69.03M $51.50M $51.50M
YoY Change 34.4% 70.71% 34.04% 0.0%
% of Gross Profit 89.97% 87.21% 91.5% 92.79% 93.3%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.732M $8.363M $5.974M $2.036M $790.0K
YoY Change 16.37% 39.99% 193.42% 157.72%
% of Gross Profit 5.53% 6.19% 7.92% 3.67% 1.43%
Operating Expenses $176.7M $130.0M $75.28M $53.64M $52.20M
YoY Change 35.91% 72.7% 40.34% 2.76%
Operating Profit -$656.0K $5.120M $160.0K $1.869M $3.000M
YoY Change -112.81% 3100.0% -91.44% -37.7%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense -$3.600M -$44.00M -$300.0K -$500.0K -$600.0K
YoY Change -91.82% 14566.67% -40.0% -16.67%
% of Operating Profit -859.38% -187.5% -26.75% -20.0%
Other Income/Expense, Net -$5.791M -$3.384M -$1.440M $110.0K $200.0K
YoY Change 71.13% 135.0% -1409.09% -45.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$6.447M $1.736M -$1.280M $1.979M $2.600M
YoY Change -471.37% -235.63% -164.68% -23.88%
Income Tax $177.0K -$3.269M -$1.579M $989.0K $1.000M
% Of Pretax Income -188.31% 49.97% 38.46%
Net Earnings -$6.624M $5.005M $299.0K $990.0K $1.500M
YoY Change -232.35% 1573.91% -69.8% -34.0%
Net Earnings / Revenue -1.91% 1.91% 0.2% 0.81% 1.32%
Basic Earnings Per Share -$0.53 $0.39 $0.03 $0.17
Diluted Earnings Per Share -$0.53 $0.37 $0.03 $0.17 $157.9K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $20.69M $13.28M $20.62M $390.0K $510.0K
YoY Change 55.75% -35.58% 5186.92% -23.53%
Cash & Equivalents $20.69M $13.28M $20.62M $390.0K $510.0K
Short-Term Investments
Other Short-Term Assets $11.81M $7.068M $4.850M $2.270M $2.290M
YoY Change 67.03% 45.73% 113.66% -0.87%
Inventory
Prepaid Expenses
Receivables $121.1M $80.76M $47.68M $31.26M $38.66M
Other Receivables $1.199M $1.016M $1.260M $1.190M $1.430M
Total Short-Term Assets $154.8M $102.1M $74.41M $35.10M $42.89M
YoY Change 51.55% 37.25% 111.99% -18.16%
Property, Plant & Equipment $68.34M $55.37M $20.20M $15.36M $4.770M
YoY Change 23.44% 174.07% 31.52% 222.01%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $34.96M $14.78M $681.0K $670.0K $800.0K
YoY Change 136.52% 2070.19% 1.64% -16.25%
Total Long-Term Assets $248.0M $153.6M $63.76M $28.54M $23.91M
YoY Change 61.44% 140.94% 123.41% 19.36%
Total Assets $402.8M $255.8M $138.2M $63.64M $66.80M
YoY Change
Accounts Payable $44.39M $40.29M $17.92M $12.20M $14.17M
YoY Change 10.18% 124.84% 46.89% -13.9%
Accrued Expenses $9.016M $6.949M
YoY Change 29.75%
Deferred Revenue
YoY Change
Short-Term Debt $45.29M $0.00 $0.00 $3.480M $8.350M
YoY Change -100.0% -58.32%
Long-Term Debt Due $20.58M $15.47M $9.586M $5.090M $1.890M
YoY Change 33.04% 61.33% 88.33% 169.31%
Total Short-Term Liabilities $126.8M $69.08M $32.85M $23.33M $32.60M
YoY Change 83.5% 110.25% 40.82% -28.44%
Long-Term Debt $28.15M $30.53M $18.43M $10.33M $2.490M
YoY Change -7.81% 65.68% 78.38% 314.86%
Other Long-Term Liabilities $84.60M $33.29M $4.186M $6.360M $12.32M
YoY Change 154.13% 695.29% -34.18% -48.38%
Total Long-Term Liabilities $112.7M $63.82M $22.61M $16.69M $14.81M
YoY Change 76.66% 182.23% 35.49% 12.69%
Total Liabilities $239.5M $132.9M $59.76M $46.50M $53.46M
YoY Change 80.22% 122.4% 28.51% -13.02%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 12.49M shares 10.89M shares 7.525M 5.399M
Diluted Shares Outstanding 12.49M shares 11.68M shares 7.636M 5.412M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $436.92 Million

About Bowman Consulting Group Ltd

Bowman Consulting Group Ltd. operates as a professional services firm delivering innovative engineering solutions to customers who own, develop, and maintain the built environment. The company is headquartered in Reston, Virginia and currently employs 2,000 full-time employees. The company went IPO on 2021-05-06. The company provides a variety of planning, engineering, geospatial, construction management, commissioning, environmental consulting, land procurement and other technical services to customers operating in a diverse set of regulated end markets. The company works as both a prime and sub-consultant for a broad base of public and private sector customers that generally operate in regulated environments. Its public sector assignments originate from customers that are transportation departments, utilities, government agencies (federal, state, and local), military branches, school systems, water authorities and other general infrastructure operators. Its private sector customers include owners and operators from multiple industries, such as investor-owned utilities, participants in the renewable energy and others.

Industry: Services-Management Consulting Services Peers: Limbach Holdings Inc Concrete Pumping Holdings Inc Matrix Service Co Northwest Pipe Co Orion Group Holdings Inc Tutor Perini Corp QualTek Services Inc. Quanta Services Inc Emeren Group Ltd