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Employees: 2,300
Size Bowman Consulting (BWMN) is a United States Industrials company (Engineering & Construction) with a market value of $745M, the 2440th largest of 3,117 United States companies the cockpit tracks. Shares closed at $27.23 on 6 Nov 2026.
Performance Over six months the shares fell 18.8%, against -14.1% for the median peer and -1.1% for the United States market (cap-weighted) — 7th lowest of 20 in its peer set.
Growth Revenue grew 14.2% over the last twelve months (peer median +11.1%); the operating margin is 4.8% (peer median 9.1%).
Valuation It trades at 18.8× forward earnings against a peer median of 13.9× (3rd most expensive of 14).
Price implies For today's price to make sense, revenue must grow about 30% a year for seven years (Req g). Recent delivered growth is +32%, so the hurdle is -2 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 6.6 points below its cost of capital (10.4% WACC).
Backlog Backlog (remaining performance obligations) was $442M at 30 Sep 2026, up 32% on a year earlier — 0.8 years of trailing revenue. Backlog detail →
Short interest Short interest is 2.9% of the free float (15 Oct 2026).
Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $528M | $490M | $427M | $346M | $262M |
| Revenue growth | — | +15% | +23% | +32% | — |
| Gross profit | $251M | $234M | $195M | $157M | $123M |
| EBITDA | $56.2M | $47.7M | $25.4M | $17.7M | $17.3M |
| Net income | $6.88M | $12.2M | $2.80M | -$6.62M | $4.22M |
| Free cash flow | $11.9M | $33.4M | $23.7M | $9.63M | $8.27M |
| Capital expenditure | $11.3M | $2.76M | $3.55M | $2.09M | $902,000 |
| Total debt | $285M | $242M | $150M | $141M | $81.4M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | BWMN | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.4% | -6.2% | 8th highest of 21 |
| 6-month return | -18.8% | -14.1% | 7th lowest of 20 |
| Distance from 52-week high | -40.6% | -31.5% | 6th lowest of 21 |
| Revenue growth (TTM) | +14.2% | +11.1% | 9th highest of 21 |
| Operating margin | 4.8% | 9.1% | 5th lowest of 21 |
| Forward P/E | 18.8× | 13.9× | 3rd most expensive of 14 |
| Growth the price implies (Req g, 7 yrs) | 30.3% | -0.2% | most demanding of 12 |
| Growth delivered (Del g) | +32.1% | +6.3% | 2nd highest of 12 |
| Hurdle (Req g minus delivered) | -1.8 pp | -8.6 pp | 5th most demanding of 12 |
| ROIC minus cost of capital | -6.6 pp | -0.2 pp | 2nd lowest of 20 |
| EV / EBITDA | 18.1× | 10.1× | most expensive of 13 |
| Net debt / EBITDA | 4.9× | -0.3× | 2nd most indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Bowman Consulting BWMN | United States | $745M | -19% | +14% | 5% | 18.8× | 30.3% | +32.1% |
| ISGEC Heavy Engineering ISGEC.NS | India | $746M | -11% | +21% | 6% | n/a | 22.1% | +5.0% |
| Suzhou West Deane New Power Electric 603312.SS | China | $750M | -18% | -8% | 9% | 20.2× | 7.1% | +62.0% |
| Shanghai Pudong Construction 600284.SS | China | $739M | -28% | -17% | 1% | n/a | n/a | n/a |
| Hj Shipbuilding & Construction 097230.KS | South Korea | $752M | -61% | +27% | 6% | 5.7× | n/a | n/a |
| Hibiya Engineering,Ltd 1982.T | Japan | $753M | -8% | +2% | 12% | 11.4× | -3.4% | +5.2% |
| Southern Cross Electrical Engineering SXE.AX | Australia | $755M | -14% | -10% | 9% | 16.9× | -4.8% | +14.2% |
| Shinnihon 1879.T | Japan | $759M | +6% | +7% | 14% | n/a | -21.3% | +6.3% |
| Power Mech Projects POWERMECH.NS | India | $761M | -12% | +16% | 10% | 16.1× | n/a | n/a |
| GMR Power and Urban Infra GMRP&UI.NS | India | $763M | -17% | +4% | 14% | 14.6× | n/a | n/a |
| FDC Consolidated FDC.AX | Australia | $763M | n/a | +13% | -1% | 13.9× | -6.2% | +12.9% |
| Ceigall India CEIGALL.NS | India | $708M | +5% | +20% | 13% | 18.5× | n/a | n/a |
| Shanghai CDXJ Digital Technology 603887.SS | China | $705M | -49% | +79% | 3% | n/a | n/a | n/a |
| Anhui Orivie Technology 300692.SZ | China | $702M | -7% | -6% | 21% | n/a | 10.9% | +0.1% |
| United Testing Inspection And Certification Technology 301115.SZ | China | $702M | +22% | +5% | -1% | 135.5× | n/a | n/a |
| Zhejiang Yasha Decoration 002375.SZ | China | $695M | -16% | -25% | 6% | n/a | -0.2% | -3.3% |
| Da-Cin Construction 2535.TW | Taiwan | $693M | +23% | +36% | 8% | n/a | -10.6% | +7.9% |
| G R Infraprojects GRINFRA.NS | India | $803M | -21% | +25% | 16% | 8.9× | n/a | n/a |
| Shenzhen Investment Holdings Bay Area Development 0737.HK | Hong Kong | $803M | -4% | +11% | 30% | 8.9× | 14.6% | -2.4% |
| Shin Nippon Air Technologies 1952.T | Japan | $803M | -25% | +11% | 9% | 8.7× | 1.3% | +7.6% |
| Cardinal Infrastructure CDNL | United States | $691M | -73% | +90% | 8% | 6.8× | n/a | n/a |
Bowman Consulting reported $442M of remaining performance obligations at 30 Sep 2026, up 32% from a year earlier and up 0% from the previous quarter. That is 0.8 years of trailing revenue already under contract. Book-to-bill last quarter: 1.01.