Estados financieros detallados de Bowman Consulting Group Ltd. (BWMN): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Bowman Consulting Group Ltd. registró ingresos de $490.0M en el último ejercicio fiscal, con un CAGR de 5 años del 32.1%. El beneficio neto alcanzó $12.2M, con un CAGR a 5 años del 65.3%.
Márgenes de los últimos 12 meses: margen bruto 46.5%, margen operativo 3.9%, margen neto 1.3%. El flujo de caja libre creció a un CAGR del 27.7% en 5 años.
Al precio actual de $42.46, BWMN cotiza a un P/E de 101.07 y un ROE del 2.75%. La capitalización bursátil es de $743M.
Cuenta de Resultados (10 años)
| Año | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $113.7M | $122.0M | $150.0M | $261.7M | $346.3M | $426.6M | $490.0M |
| Coste de Ventas | $58.6M | $66.5M | $74.5M | $126.6M | $170.2M | $203.8M | $256.0M |
| Beneficio Bruto | $55.2M | $55.5M | $75.4M | $135.1M | $176.0M | $222.8M | $234.0M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $51.5M | $51.5M | $69.0M | $117.8M | $158.4M | $197.5M | $215.1M |
| Gastos Operativos | $52.3M | $53.6M | $75.3M | $130.0M | $176.7M | $224.8M | $215.1M |
| Beneficio Operativo | $3.0M | $1.9M | $160000 | $5.1M | -$656000 | -$2.0M | $18.9M |
| EBITDA | $3.7M | $4.0M | $6.4M | $17.3M | $17.7M | $26.0M | $38.7M |
| Gastos por Intereses | $600000 | $600000 | $918000 | $3.2M | $5.3M | $8.0M | 0 |
| Beneficio Antes de Impuestos | $2.6M | $2.0M | -$1.3M | $1.7M | -$6.4M | -$8.9M | $11.2M |
| Impuestos | $1.0M | $989000 | -$1.6M | -$3.3M | $177000 | -$12.0M | -$1.1M |
| Beneficio Neto | $1.5M | $990000 | $299000 | $5.0M | -$6.6M | $2.8M | $12.2M |
| BPA | $0.15 | $0.09 | $0.02 | $0.39 | $-0.53 | $0.18 | $0.74 |
| BPA Diluido | $0.15 | $0.09 | $0.02 | $0.37 | $-0.53 | $0.17 | $0.73 |
| Acciones en Circulación (Diluidas) | $9.5M | $10.0M | $11.5M | $11.7M | $12.5M | $16.1M | $16.7M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $126.0M | $129.0M | $126.5M | $146.1M |
| Beneficio Bruto | $60.0M | $50.3M | $57.5M | $77.7M |
| Beneficio Operativo | $4.9M | $3.7M | $3.9M | $8.1M |
| EBITDA | $10.2M | $11.7M | $8.4M | $2.3M |
| Beneficio Neto | $6.3M | $2.0M | -$3.7M | $2.5M |
| BPA | $0.38 | $0.11 | $-0.22 | $0.15 |
| BPA Diluido | $0.38 | $0.11 | $-0.22 | $0.14 |
Balance (10 años)
| Año | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $509000 | $386000 | $20.6M | $13.3M | $20.7M | $6.7M | $11.1M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $40.1M | $32.4M | $48.9M | $81.8M | $122.3M | $150.4M | $184.2M |
| Inventario | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | $42.9M | $35.1M | $74.4M | $102.1M | $154.8M | $176.6M | $213.0M |
| Inmovilizado Material | $4.8M | $15.4M | $20.2M | $55.4M | $68.3M | $84.1M | $95.0M |
| Fondo de Comercio | $9.2M | $9.2M | $28.5M | $53.2M | $96.4M | $134.7M | $173.6M |
| Activos Intangibles | $691000 | $1.1M | $12.3M | $27.9M | $46.3M | $65.4M | $88.6M |
| Activos Totales | $66.8M | $63.6M | $138.2M | $255.8M | $402.8M | $505.9M | $579.7M |
| Cuentas por Pagar | 0 | 0 | 0 | 0 | $44.0M | $51.6M | $60.0M |
| Deuda a Corto | $10.1M | $5.1M | $4.5M | $10.2M | $59.3M | $54.1M | $48.4M |
| Pasivos Corrientes | $32.6M | $23.3M | $32.9M | $69.1M | $126.8M | $135.0M | $214.7M |
| Deuda a Largo | $1.9M | $2.8M | $8.4M | $16.3M | $13.7M | $20.0M | $34.3M |
| Pasivos Totales | $90.1M | $46.5M | $59.8M | $132.9M | $239.5M | $259.8M | $318.6M |
| Reservas | -$17.4M | -$25.1M | -$24.8M | -$19.8M | -$26.4M | -$23.4M | -$10.5M |
| Patrimonio Neto | -$23.3M | $17.1M | $78.4M | $122.9M | $163.3M | $246.1M | $261.1M |
| Deuda Total | $12.7M | $18.9M | $28.0M | $81.0M | $140.7M | $150.4M | $146.8M |
| Deuda Neta | $12.2M | $18.5M | $7.4M | $67.7M | $120.0M | $143.7M | $135.8M |
| Capital Circulante | $10.3M | $11.8M | $41.6M | $33.1M | $28.0M | $41.6M | -$1.8M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $16.2M | $11.1M | $12.0M | $10.5M |
| Activos Totales | $510.2M | $579.7M | $589.8M | $620.1M |
| Pasivos Totales | $248.4M | $318.6M | $338.9M | $363.6M |
| Patrimonio Neto | $261.8M | $261.1M | $250.9M | $256.5M |
| Deuda Total | $171.2M | $242.2M | $251.4M | $284.6M |
Flujo de Caja (10 años)
| Año | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $1.5M | $990000 | $299000 | $5.0M | -$6.6M | $3.0M | $12.2M |
| Amortizaciones | $797000 | $2.3M | $6.4M | $12.3M | $18.7M | $28.4M | $27.6M |
| Compensación en Acciones | $4.3M | $5.1M | $8.2M | $15.1M | $24.7M | $25.7M | $18.8M |
| Cambio en Capital Circulante | -$2.8M | -$1.3M | -$8.4M | -$6.1M | -$332000 | -$14.5M | -$61.6M |
| Flujo de Caja Operativo | $8.2M | $10.8M | $4.7M | $9.2M | $11.7M | $24.3M | $35.8M |
| Inversiones (CapEx) | -$3.4M | -$924000 | -$905000 | -$902000 | -$2.1M | -$626000 | -$2.4M |
| Adquisiciones | $118000 | -$416000 | -$20.3M | -$18.0M | -$25.7M | -$24.4M | -$35.2M |
| Recompra de Acciones | -$24000 | -$1.3M | -$582000 | -$3.3M | -$5.6M | -$34.5M | -$24.0M |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | $4.9M | $9.8M | $3.8M | $8.3M | $9.6M | $23.7M | $33.4M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | $10.2M | $9.4M | $11.6M | -$7.9M |
| Inversiones (CapEx) | -$57000 | -$1.2M | -$2.3M | -$7.8M |
| Flujo de Caja Libre | $10.1M | $8.1M | $9.3M | -$15.6M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $4.5M | $4.6M | 0 | $5.4M |
Crecimiento y Márgenes (10 años)
| Año | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +7.3% | +22.9% | +74.5% | +32.3% | +23.2% | +14.9% |
| Crecimiento Beneficio Neto (anual) | | -35.1% | -69.8% | +1573.9% | -232.3% | +142.3% | +336.1% |
| Crecimiento BPA (anual) | | -37.8% | -77.3% | +1739.6% | -235.9% | +134.0% | +311.1% |
| Cambio en Acciones (anual) | | +5.8% | +14.7% | +1.7% | +6.9% | +29.1% | +3.8% |
| Crecimiento FCF (anual) | | +102.9% | -61.3% | +116.9% | +16.5% | +145.9% | +41.2% |
| Margen Bruto | 48.5% | 45.5% | 50.3% | 51.6% | 50.8% | 52.2% | 47.7% |
| Margen Operativo | 2.6% | 1.5% | 0.1% | 2.0% | -0.2% | -0.5% | 3.9% |
| Margen EBITDA | 3.2% | 3.3% | 4.3% | 6.6% | 5.1% | 6.1% | 7.9% |
| Margen Neto | 1.3% | 0.8% | 0.2% | 1.9% | -1.9% | 0.7% | 2.5% |
| Margen FCF | 4.3% | 8.1% | 2.5% | 3.2% | 2.8% | 5.6% | 6.8% |
| Tasa Impositiva Efectiva | 40.5% | 50.0% | 123.4% | -188.3% | -2.7% | 133.9% | -9.6% |
Datos por Acción (10 años)
| Año | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $0.51 | $0.98 | $0.33 | $0.71 | $0.77 | $1.47 | $2.00 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $9.5M | $10.0M | $11.5M | $10.9M | $12.5M | $15.8M | $16.4M |
Qué mirar en Industrials
Aeroespacial, defensa, maquinaria, transporte. Semi-cíclicos. Clave: backlog, márgenes operativos, y conversión de FCF.
- Crecimiento ingresos 5y — Sin crecimiento, no hay creación de valor a largo plazo
- Margen operativo — El mejor indicador de disciplina operativa en industriales
- ROIC — Industriales de calidad tienen ROIC >15% — el resto destruyen capital
- FCF conversion — FCF / Net Income — en industriales bueno >85%
- Deuda neta / EBITDA — Industriales cíclicos con deuda alta sufren mucho en recesión
- Capex / Ingresos — Mantener la maquinaria. <4% = posible infraversión (deterioro futuro)
- Altman Z-Score — Modelo de bankruptcy (NYU 1968) — combina liquidez, apalancamiento y rentabilidad. Clave en cíclicos
Rentabilidad
| Rentabilidad sobre capital | 2.75% |
| Rentabilidad sobre capital invertido | 3.78% |
| Rentabilidad sobre activos | 1.14% |
| Margen bruto | 46.54% |
| Margen operativo | 3.91% |
| Margen neto | 1.34% |
Salud financiera
| Deuda / Patrimonio | 1.11 |
| Ratio corriente | 0.90 |
Ratios Clave (10 años)
| Año | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 93.33 | 150.05 | 1002.12 | 56.03 | -67.02 | 138.61 | 44.62 |
| P/VC | -5.69 | 8.18 | 3.11 | 1.94 | 2.72 | 1.60 | 2.08 |
| P/V | 1.17 | 1.15 | 1.63 | 0.91 | 1.28 | 0.92 | 1.11 |
| Margen Bruto | 48.5% | 45.5% | 50.3% | 51.6% | 50.8% | 52.2% | 47.7% |
| Margen Operativo | 2.6% | 1.5% | 0.1% | 2.0% | -0.2% | -0.5% | 3.9% |
| Margen Neto | 1.3% | 0.8% | 0.2% | 1.9% | -1.9% | 0.7% | 2.5% |