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BWMN (Bowman Consulting Group) Altman Z2-Score : 1.27 (As of Mar. 13, 2025)


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What is Bowman Consulting Group Altman Z2-Score?

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Bowman Consulting Group has a Altman Z2-Score of 1.27, indicating it is in Grey Zones. This implies that Bowman Consulting Group is in some kind of financial stress. If it is below 1.1, the company may face bankrupcy risk.

The zones of discrimination were as such:

When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.

The historical rank and industry rank for Bowman Consulting Group's Altman Z2-Score or its related term are showing as below:

BWMN' s Altman Z2-Score Range Over the Past 10 Years
Min: 0.52   Med: 1.23   Max: 2.7
Current: 1.27

During the past 6 years, Bowman Consulting Group's highest Altman Z2-Score was 2.70. The lowest was 0.52. And the median was 1.23.


Bowman Consulting Group Altman Z2-Score Historical Data

The historical data trend for Bowman Consulting Group's Altman Z2-Score 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 Altman Z2-Score Chart

Bowman Consulting Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Altman Z2-Score
Get a 7-Day Free Trial 0.52 2.70 1.61 0.85 1.27

Bowman Consulting Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Altman Z2-Score 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 Premium Member Only Premium Member Only 0.85 0.73 0.83 1.30 1.27

Competitive Comparison of Bowman Consulting Group's Altman Z2-Score

For the Engineering & Construction subindustry, Bowman Consulting Group's Altman Z2-Score, along with its competitors' market caps and Altman Z2-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bowman Consulting Group's Altman Z2-Score Distribution in the Construction Industry

For the Construction industry and Industrials sector, Bowman Consulting Group's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Bowman Consulting Group's Altman Z2-Score falls into.



Bowman Consulting Group Altman Z2-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.

Bowman Consulting Group's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*0.0823+3.26*-0.0462+6.72*-0.0177+1.05*0.9474
=1.27

* 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. GuruFocus does not calculate Altman Z2-Score when X4_2 value is 0.

Trailing Twelve Months (TTM) ended in Dec. 2024:
Total Assets was $505.9 Mil.
Total Current Assets was $176.6 Mil.
Total Current Liabilities was $135.0 Mil.
Retained Earnings was $-23.4 Mil.
Pre-Tax Income was 0.466 + -1.139 + -3.262 + -5.011 = $-8.9 Mil.
Interest Expense was 0 + 0 + 0 + 0 = $0.0 Mil.
Total Liabilities was $259.8 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(176.621 - 134.979)/505.881
=0.0823

X2=Retained Earnings/Total Assets
=-23.386/505.881
=-0.0462

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-8.946 - 0)/505.881
=-0.0177

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(246.115 - 0)/259.766
=0.9474

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

Bowman Consulting Group has a Altman Z2-Score of 1.27 indicating it is in Grey Zones.


Bowman Consulting Group  (NAS:BWMN) Altman Z2-Score Explanation

The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


Bowman Consulting Group Altman Z2-Score Related Terms

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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 professional services firm delivering engineering solutions to customers who own, develop, and maintain the built environment. It provides planning, engineering, construction management, commissioning, environmental consulting, geospatial, survey, land procurement, and other technical services to customers operating in a diverse set of end markets. Its services include Civil & Site Engineering, Transportation Engineering, MEP Engineering, Commissioning & Energy Efficiency, Energy Services, Water/Wastewater, Fire Protection, Construction Management, Survey/Geospatial, Environmental Consulting, Structural Engineering, Land Procurement & Right-of-Way, Landscape, and Architecture/Planning.
Executives
Robert Alan Hickey officer: Chief Legal Officer 12355 SUNRISE VALLEY DRIVE, SUITE 520, RESTON VA 20191
Stephen A Riddick director C/O TENABLE HOLDINGS, INC., 6100 MERRIWEATHER DRIVE, COLUMBIA MD 21044
Patricia Mulroy director C/O WYNN RESORTS LIMITED, 3131 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Gary Bowman director, 10 percent owner 12355 SUNRISE VALLEY DRIVE, SUITE 520, RESTON VA 20191
Michael Bruen director, officer: Chief Operating Officer 12355 SUNRISE VALLEY DRIVE, SUITE 520, RESTON VA 20191
Raymond Jr. Vicks director C/O ACCESS GOHEALTH ONDEMAND, INC., 5555 GLENRIDGE CONNECTOR, SUITE 700, ATLANTA GA 30342
Bruce J Labovitz officer: Chief Financial Officer 11465 SUNSET HILLS ROAD, SUITE 510, RESTON VA 20910
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