Bowman Consulting Group Ltd. (BWMN) intrinsic value & 10-year financials
Bowman Consulting Group Ltd. (BWMN) has a Graham intrinsic value of $24.25 per share. At $42.77 on Oct 17, 2026, the stock trades 76% above that value. Over the last 7 fiscal years revenue grew 32.1% a year to $490.0M, with an average return on invested capital of -3.5%.
- Graham intrinsic value
- $24.25
- Share price (Oct 17, 2026)
- $42.77
- Price vs Graham value
- 76% above
- Market cap
- $716.3M
- Revenue (FY2025)
- $490.0M
- Revenue growth (7-yr CAGR)
- 32.1%
- ROIC (10-yr avg)
- -3.5%
- Free cash flow (FY2025)
- $33.4M
BWMN 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $490.0M | $12.8M | $0.73 | $33.4M | 4.0% | 5.6% |
| FY2024 | $426.6M | $3.0M | $0.17 | $23.7M | -0.5% | -0.4% |
| FY2023 | $346.3M | -$6.6M | -$0.53 | $9.6M | -0.2% | -0.3% |
| FY2022 | $261.7M | $5.0M | $0.37 | $8.3M | 2.0% | 4.1% |
| FY2021 | $150.0M | $299.0K | $0.03 | $3.8M | 0.1% | 0.1% |
| FY2020 | $122.0M | $990.0K | $0.17 | $9.8M | 1.5% | -30.4% |
| FY2019 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Bowman Consulting Group Ltd. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Bowman Consulting Group Ltd. has historically struggled to out-earn its cost of capital, averaging just -3.6% ROIC.
Bowman Consulting Group Ltd. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Bowman Consulting Group Ltd. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $24.25 per share.