Bowman Consulting Group Ltd. (BWMN) Key Metrics
BWMN valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $709.6M
- Enterprise value
- $1.01B
- P/E (TTM)
- 104.3 10-yr median 97.3
- Forward P/E
- 29.9
- PEG ratio
- —
- Price / sales
- 1.3 10-yr median 1.1
- Price / book
- 2.9 10-yr median 2.1
- EV / EBITDA
- 21.7 10-yr median 21.0
- Dividend yield
- —
- Beta
- 1.48
BWMN key metrics, 2019–2025
Fiscal year ended December 31, 2025 · U.S. dollarsBWMN valuation Price multiples at each fiscal year-end price.
BWMN returns How much profit the business earns on the capital it uses.
BWMN per-share figures Results divided by the shares outstanding at year-end.
BWMN financial health Debt, liquidity and how easily interest is covered.
BWMN efficiency & capital use Working capital cycle and where the cash goes.
BWMN valuation history
BWMN returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BWMN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BWMN cash returned to shareholders
BWMN price vs earnings per share
BWMN key metrics
2019–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Valuation | |||||||
| Market capitalization | $553.0M | $402.5M | $443.7M | $255.3M | $244.1M | — | — |
| Enterprise value | $688.8M | $546.2M | $563.7M | $323.0M | $251.5M | — | — |
| P/E ratio | 45.2 | 143.5 | — | 51.0 | 816.4 | — | — |
| Price / sales | 1.1 | 0.9 | 1.3 | 1.0 | 1.6 | — | — |
| Price / book | 2.1 | 1.6 | 2.7 | 2.1 | 3.1 | — | — |
| Price / free cash flow | 16.5 | 17.0 | 46.1 | 30.9 | 64.0 | — | — |
| Price / operating cash flow | 15.4 | 16.6 | 37.9 | 27.8 | 51.8 | — | — |
| EV / sales | 1.4 | 1.3 | 1.6 | 1.2 | 1.7 | — | — |
| EV / EBITDA | 17.8 | 21.0 | 31.9 | 18.7 | 39.2 | — | — |
| EV / free cash flow | 20.6 | 23.1 | 58.5 | 39.1 | 66.0 | — | — |
| Earnings yield | 2.2% | 0.7% | −1.5% | 2.0% | 0.1% | — | — |
| Free cash flow yield | 6.0% | 5.9% | 2.2% | 3.2% | 1.6% | — | — |
| Dividend yield | — | — | 5.1% | 2.8% | — | — | — |
| Shareholder yield (dividends + buybacks) | 4.3% | 8.6% | 6.4% | 4.1% | 0.2% | — | — |
| Share price at fiscal year-end | $33.02 | $24.95 | $35.52 | $21.85 | $21.25 | — | — |
| Per share | |||||||
| Revenue per share | $29.26 | $26.44 | $27.72 | $22.40 | $13.05 | $12.18 | $12.02 |
| Earnings per share | $0.73 | $0.17 | −$0.53 | $0.43 | $0.03 | $0.10 | $0.16 |
| Operating cash flow per share | $2.14 | $1.51 | $0.94 | $0.78 | $0.41 | $1.08 | $0.87 |
| Free cash flow per share | $2.00 | $1.47 | $0.77 | $0.71 | $0.33 | $0.98 | $0.51 |
| Cash per share | $0.66 | $0.42 | $1.66 | $1.14 | $1.79 | $0.04 | $0.05 |
| Book value per share | $15.59 | $15.26 | $13.07 | $10.52 | $6.82 | $1.71 | −$2.46 |
| Tangible book value per share | −$0.06 | $2.85 | $1.65 | $3.57 | $3.28 | $0.68 | −$3.50 |
| Dividends per share | — | — | $1.83 | $0.62 | — | — | — |
| Capex per share | $0.14 | $0.04 | $0.17 | $0.08 | $0.08 | $0.09 | $0.36 |
| Debt per share | $8.77 | $9.33 | $11.26 | $6.94 | $2.44 | $1.89 | $1.34 |
| Shares outstanding | 16.7M | 16.1M | 12.5M | 11.7M | 11.5M | 10.0M | 9.5M |
| Change in shares outstanding | +3.8% | +29.1% | +6.9% | +1.7% | +14.7% | +5.8% | — |
| Returns & profitability | |||||||
| Return on equity (ROE) | 4.8% | 1.4% | −4.6% | 5.0% | 0.6% | — | — |
| Return on invested capital (ROIC) | 4.8% | −0.5% | −0.2% | 3.7% | 0.2% | 7.6% | — |
| Return on assets (ROA) | 2.3% | 0.6% | −2.0% | 2.5% | 0.3% | 1.5% | 2.3% |
| Return on tangible assets | 3.9% | 0.9% | −2.5% | 2.9% | 0.3% | 1.9% | 2.7% |
| Free cash flow margin | 6.8% | 5.6% | 2.8% | 3.2% | 2.5% | 8.1% | 4.3% |
| Income quality (OCF / net income) | 2.93 | 8.67 | — | 1.83 | 15.78 | 10.88 | 5.39 |
| Financial health | |||||||
| Total debt | $146.8M | $150.4M | $140.7M | $81.0M | $28.0M | $18.9M | $12.7M |
| Cash & short-term investments | $11.1M | $6.7M | $20.7M | $13.3M | $20.6M | $386,000 | $509,000 |
| Net debt | $135.8M | $143.7M | $120.0M | $67.7M | $7.4M | $18.5M | $12.2M |
| Debt / equity | 0.56 | 0.61 | 0.86 | 0.66 | 0.36 | 1.10 | — |
| Debt / assets | 0.25 | 0.30 | 0.35 | 0.32 | 0.20 | 0.30 | 0.19 |
| Net debt / EBITDA | 3.51 | 5.54 | 6.80 | 3.92 | 1.15 | 4.58 | 3.33 |
| Current ratio | 0.99 | 1.31 | 1.22 | 1.48 | 2.26 | 1.50 | 1.32 |
| Quick ratio | 0.99 | 1.31 | 1.22 | 1.48 | 2.26 | 1.50 | 1.32 |
| Interest coverage | — | -0.3 | -0.1 | 1.6 | 0.2 | 3.1 | 5.0 |
| Working capital | −$1.8M | $41.6M | $28.0M | $33.1M | $41.6M | $11.8M | $10.3M |
| Invested capital | $396.9M | $389.9M | $283.3M | $190.6M | $85.8M | $35.7M | −$11.1M |
| Tangible asset value | −$1.1M | $46.1M | $20.6M | $41.7M | $37.7M | $6.8M | −$33.2M |
| Net current asset value | −$105.6M | −$83.1M | −$84.7M | −$30.8M | $14.7M | −$11.4M | −$47.2M |
| Graham number | $16.00 | $7.72 | — | $10.07 | $2.00 | $1.95 | — |
| Graham net-net per share | −$10.11 | −$8.70 | −$10.18 | −$4.99 | −$0.21 | −$2.17 | −$6.29 |
| Capital allocation | |||||||
| Dividends paid | — | — | $22.8M | $7.2M | — | — | — |
| Share buybacks (net) | $24.0M | $34.5M | $5.6M | $3.3M | $582,000 | $1.3M | $24,000 |
| Dividend payout ratio | — | — | — | 143.9% | — | — | — |
| Dividends + buybacks / free cash flow | 71.9% | 145.7% | 295.1% | 127.5% | 15.3% | 12.8% | 0.5% |
| Capex / revenue | 0.5% | 0.1% | 0.6% | 0.3% | 0.6% | 0.8% | 3.0% |
| Capex / operating cash flow | 6.7% | 2.6% | 17.9% | 9.8% | 19.2% | 8.6% | 41.0% |
| Capex / depreciation | 0.09 | 0.02 | 0.11 | 0.07 | 0.14 | 0.41 | 4.22 |
| Stock-based compensation / revenue | 3.8% | 6.0% | 7.1% | 5.8% | 5.5% | 4.2% | 3.8% |
| SG&A / revenue | 43.9% | 46.3% | 43.0% | 45.0% | 46.0% | 42.2% | 45.3% |
| Efficiency | |||||||
| Days sales outstanding | 124.6 | 116.6 | 107.6 | 91.2 | 99.0 | 108.5 | 128.7 |
| Days of inventory on hand | — | — | 0.0 | — | — | 0.0 | — |
| Days payables outstanding | 79.6 | 85.6 | 90.4 | 83.9 | 68.4 | 61.1 | 76.5 |
| Cash conversion cycle (days) | 45.0 | 31.0 | 17.2 | 7.2 | 30.7 | 47.4 | 52.2 |
| Receivables turnover | 2.93 | 3.13 | 3.39 | 4.00 | 3.69 | 3.36 | 2.84 |
| Payables turnover | 4.59 | 4.26 | 4.04 | 4.35 | 5.34 | 5.97 | 4.77 |
| Inventory turnover | — | — | 170,223,000.00 | — | — | 66,512,000.00 | — |
| Asset turnover | 0.90 | 0.94 | 1.05 | 1.33 | 1.49 | 1.87 | 1.70 |
| Average receivables | $167.3M | $136.3M | $102.0M | $65.4M | $40.7M | $36.3M | $40.1M |
| Average payables | $55.8M | $47.8M | $42.1M | $29.1M | $14.0M | $11.1M | $12.3M |
| Average inventory | — | — | $1 | — | — | $1 | — |
| Intangibles / total assets | 45.2% | 39.5% | 35.4% | 31.7% | 29.5% | 16.2% | 14.8% |
Computed from BWMN's annual financial statements (latest annual report filed March 5, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
BWMN valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Bowman Consulting traded at 45.2 times earnings, against a 7-year median of 97.3. Based on the latest twelve months, the trailing P/E is 104.3 and the forward P/E is 29.9. Bowman Consulting earned a return on equity of 4.8% and a return on invested capital of 4.8% in fiscal 2025. It ended the year with $146.8 million of debt and $11.1 million in cash and short-term investments, net debt of $135.8 million. It returned $24.0 million to shareholders: $0 in dividends and $24.0 million in share buybacks, 72% of free cash flow. The share count rose 76.9% from 9.5M to 16.7M over 6 years.
See the BWMN income statement, the BWMN chart for price history, or the BWMN stock overview for the latest quote and news.
BWMN key metrics FAQ
What is Bowman Consulting's P/E ratio?
Bowman Consulting's trailing P/E ratio is 104.3 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 29.9. At the end of fiscal 2025 it was 45.2, compared with a 7-year median of 97.3.
What is Bowman Consulting's EV/EBITDA?
Bowman Consulting's enterprise value was 17.8 times EBITDA at the end of fiscal 2025 (enterprise value $688.8 million, EBITDA $38.7 million); the current EV/EBITDA is 21.7.
What is Bowman Consulting's return on equity?
Bowman Consulting's return on equity (ROE) was 4.8% in fiscal 2025: net income of $12.2 million on average shareholders' equity of $253.6 million.
What is Bowman Consulting's ROIC?
Bowman Consulting's return on invested capital was 4.8% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Bowman Consulting have?
Bowman Consulting had total debt of $146.8 million at the end of fiscal 2025, a debt-to-equity ratio of 0.56 and $135.8 million of net debt (3.51 times EBITDA).
Does Bowman Consulting buy back its shares?
Yes. Bowman Consulting spent $24.0 million on net share repurchases in fiscal 2025 Shares outstanding changed +3.8% over the year, to 16.7M..
What is Bowman Consulting's free cash flow yield?
Bowman Consulting generated $33.4 million of free cash flow in fiscal 2025, a free cash flow yield of 6.0% on its market value at year-end ($553.0 million).
What is Bowman Consulting's current ratio?
Bowman Consulting's current ratio was 0.99 at the end of fiscal 2025: current assets were 0.99 times current liabilities.