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Bowman Consulting Group (Bowman Consulting Group) Operating Income : $-5.3 Mil (TTM As of Mar. 2024)


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What is Bowman Consulting Group Operating Income?

Bowman Consulting Group's Operating Income for the three months ended in Mar. 2024 was $-2.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-5.3 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Bowman Consulting Group's Operating Income for the three months ended in Mar. 2024 was $-2.7 Mil. Bowman Consulting Group's Revenue for the three months ended in Mar. 2024 was $94.9 Mil. Therefore, Bowman Consulting Group's Operating Margin % for the quarter that ended in Mar. 2024 was -2.85%.

Bowman Consulting Group's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bowman Consulting Group's annualized ROC % for the quarter that ended in Mar. 2024 was -0.96%. Bowman Consulting Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -9.00%.


Bowman Consulting Group Operating Income Historical Data

The historical data trend for Bowman Consulting Group's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bowman Consulting Group Operating Income Chart

Bowman Consulting Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
2.87 1.76 0.04 5.04 -1.07

Bowman Consulting Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.53 -1.34 2.51 -3.76 -2.71

Bowman Consulting Group Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bowman Consulting Group  (NAS:BWMN) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Bowman Consulting Group's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-10.824 * ( 1 - 68.91% )/( (337.704 + 359.85)/ 2 )
=-3.3651816/348.777
=-0.96 %

where

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=402.785 - 44.394 - ( 20.687 - max(0, 126.756 - 154.777+20.687))
=337.704

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Bowman Consulting Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-10.824/( ( (68.344 + max(47.496, 0)) + (68.358 + max(56.37, 0)) )/ 2 )
=-10.824/( ( 115.84 + 124.728 )/ 2 )
=-10.824/120.284
=-9.00 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(87.565 + 0 + 11.806) - (44.394 + 7.481 + 0)
=47.496

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(95.975 + 0 + 17.365) - (49.015 + 7.955 + 0)
=56.37

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Bowman Consulting Group's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-2.706/94.907
=-2.85 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Bowman Consulting Group Operating Income Related Terms

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Bowman Consulting Group (Bowman Consulting Group) Business Description

Traded in Other Exchanges
N/A
Address
12355 Sunrise Valley Drive, Suite 520, Reston, VA, USA, 20191
Bowman Consulting Group Ltd is a multi-faceted consulting firm offering a broad range of real estate, energy, infrastructure, and environmental management solutions to both public and private clients across the country. From large commercial developments, to master planned communities, to local transportation projects, Bowman delivers outstanding project results, builds long-lasting relationships and leverages the growth of the organization to serve the constantly changing needs of clients.
Executives
Gary Bowman director, 10 percent owner 12355 SUNRISE VALLEY DRIVE, SUITE 520, RESTON VA 20191
Bruce J Labovitz officer: Chief Financial Officer 11465 SUNSET HILLS ROAD, SUITE 510, RESTON VA 20910
Michael Bruen director, officer: Chief Operating Officer 12355 SUNRISE VALLEY DRIVE, SUITE 520, RESTON VA 20191
Robert Alan Hickey officer: Chief Legal Officer 12355 SUNRISE VALLEY DRIVE, SUITE 520, RESTON VA 20191
Patricia Mulroy director C/O WYNN RESORTS LIMITED, 3131 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Stephen A Riddick director C/O TENABLE HOLDINGS, INC., 6100 MERRIWEATHER DRIVE, COLUMBIA MD 21044
Raymond Jr. Vicks director C/O ACCESS GOHEALTH ONDEMAND, INC., 5555 GLENRIDGE CONNECTOR, SUITE 700, ATLANTA GA 30342
James P Laurito director C/O ENERGY EAST CORPORATION, PO BOX 3287, ITHACA NY 14852-3287
Daniel Lefaivre director 12355 SUNRISE VALLEY DRIVE, SUITE 520, RESTON VA 20131
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6