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Side-by-side financial comparison of American Assets Trust, Inc. (AAT) and Bowman Consulting Group Ltd. (BWMN). Click either name above to swap in a different company.

Bowman Consulting Group Ltd. is the larger business by last-quarter revenue ($129.0M vs $110.6M, roughly 1.2× American Assets Trust, Inc.). American Assets Trust, Inc. runs the higher net margin — 6.1% vs 1.5%, a 4.6% gap on every dollar of revenue. On growth, Bowman Consulting Group Ltd. posted the faster year-over-year revenue change (13.9% vs 1.8%). Over the past eight quarters, Bowman Consulting Group Ltd.'s revenue compounded faster (16.6% CAGR vs -0.1%).

Personal Assets Trust is a large British investment trust. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The chairman is Iain Ferguson CBE.

SLR Consulting is a privately owned international sustainability consultancy with offices in Europe, North America, South America, Australasia, and Africa. In 2019, it reported revenues of £150.8 million. Its purpose is ‘Making Sustainability Happen’, which it achieves through its global team of expert advisors and technicians, who partner with clients to tackle some of the world’s most complex sustainability challenges. Its ultimate owner is Solar Holdings Topco Limited.

AAT vs BWMN — Head-to-Head

Bigger by revenue
BWMN
BWMN
1.2× larger
BWMN
$129.0M
$110.6M
AAT
Growing faster (revenue YoY)
BWMN
BWMN
+12.1% gap
BWMN
13.9%
1.8%
AAT
Higher net margin
AAT
AAT
4.6% more per $
AAT
6.1%
1.5%
BWMN
Faster 2-yr revenue CAGR
BWMN
BWMN
Annualised
BWMN
16.6%
-0.1%
AAT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AAT
AAT
BWMN
BWMN
Revenue
$110.6M
$129.0M
Net Profit
$6.7M
$2.0M
Gross Margin
55.0%
Operating Margin
23.4%
3.2%
Net Margin
6.1%
1.5%
Revenue YoY
1.8%
13.9%
Net Profit YoY
-16.3%
-66.7%
EPS (diluted)
$0.08
$0.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AAT
AAT
BWMN
BWMN
Q1 26
$110.6M
Q4 25
$110.1M
$129.0M
Q3 25
$109.6M
$126.0M
Q2 25
$107.9M
$122.1M
Q1 25
$108.6M
$112.9M
Q4 24
$113.5M
$113.2M
Q3 24
$122.8M
$113.9M
Q2 24
$110.9M
$104.5M
Net Profit
AAT
AAT
BWMN
BWMN
Q1 26
$6.7M
Q4 25
$2.0M
Q3 25
$4.5M
$6.6M
Q2 25
$5.5M
$6.0M
Q1 25
$42.5M
$-1.7M
Q4 24
$5.9M
Q3 24
$16.7M
$771.0K
Q2 24
$11.9M
$-2.1M
Gross Margin
AAT
AAT
BWMN
BWMN
Q1 26
Q4 25
59.4%
55.0%
Q3 25
60.5%
53.1%
Q2 25
62.6%
53.7%
Q1 25
62.0%
51.4%
Q4 24
61.3%
53.2%
Q3 24
65.5%
52.4%
Q2 24
63.6%
52.5%
Operating Margin
AAT
AAT
BWMN
BWMN
Q1 26
23.4%
Q4 25
21.1%
3.2%
Q3 25
22.6%
4.2%
Q2 25
24.1%
7.4%
Q1 25
66.3%
1.0%
Q4 24
26.5%
1.2%
Q3 24
30.8%
0.4%
Q2 24
27.8%
-1.2%
Net Margin
AAT
AAT
BWMN
BWMN
Q1 26
6.1%
Q4 25
1.5%
Q3 25
4.1%
5.3%
Q2 25
5.1%
4.9%
Q1 25
39.2%
-1.5%
Q4 24
5.2%
Q3 24
13.6%
0.7%
Q2 24
10.7%
-2.0%
EPS (diluted)
AAT
AAT
BWMN
BWMN
Q1 26
$0.08
Q4 25
$0.06
$0.13
Q3 25
$0.07
$0.37
Q2 25
$0.09
$0.34
Q1 25
$0.70
$-0.11
Q4 24
$0.14
$0.37
Q3 24
$0.28
$0.04
Q2 24
$0.20
$-0.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AAT
AAT
BWMN
BWMN
Cash + ST InvestmentsLiquidity on hand
$118.3M
$11.1M
Total DebtLower is stronger
$57.6M
Stockholders' EquityBook value
$1.1B
$261.1M
Total Assets
$2.9B
$579.7M
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAT
AAT
BWMN
BWMN
Q1 26
$118.3M
Q4 25
$129.4M
$11.1M
Q3 25
$138.7M
$16.2M
Q2 25
$143.7M
$15.5M
Q1 25
$143.9M
$10.7M
Q4 24
$425.7M
$6.7M
Q3 24
$533.0M
$11.7M
Q2 24
$114.9M
$23.1M
Total Debt
AAT
AAT
BWMN
BWMN
Q1 26
Q4 25
$1.7B
$57.6M
Q3 25
$29.8M
Q2 25
$32.0M
Q1 25
$36.4M
Q4 24
$2.0B
$38.1M
Q3 24
$36.4M
Q2 24
$38.8M
Stockholders' Equity
AAT
AAT
BWMN
BWMN
Q1 26
$1.1B
Q4 25
$1.2B
$261.1M
Q3 25
$1.2B
$261.8M
Q2 25
$1.2B
$249.6M
Q1 25
$1.2B
$244.1M
Q4 24
$1.2B
$246.1M
Q3 24
$1.2B
$243.2M
Q2 24
$1.2B
$235.6M
Total Assets
AAT
AAT
BWMN
BWMN
Q1 26
$2.9B
Q4 25
$2.9B
$579.7M
Q3 25
$2.9B
$510.2M
Q2 25
$3.0B
$538.2M
Q1 25
$3.0B
$528.7M
Q4 24
$3.3B
$505.9M
Q3 24
$3.4B
$497.0M
Q2 24
$3.0B
$463.4M
Debt / Equity
AAT
AAT
BWMN
BWMN
Q1 26
Q4 25
1.48×
0.22×
Q3 25
0.11×
Q2 25
0.13×
Q1 25
0.15×
Q4 24
1.72×
0.15×
Q3 24
0.15×
Q2 24
0.16×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AAT
AAT
BWMN
BWMN
Operating Cash FlowLast quarter
$9.4M
Free Cash FlowOCF − Capex
$8.1M
FCF MarginFCF / Revenue
6.3%
Capex IntensityCapex / Revenue
14.5%
0.9%
Cash ConversionOCF / Net Profit
4.76×
TTM Free Cash FlowTrailing 4 quarters
$33.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAT
AAT
BWMN
BWMN
Q1 26
Q4 25
$167.1M
$9.4M
Q3 25
$40.5M
$10.2M
Q2 25
$49.2M
$4.3M
Q1 25
$36.9M
$12.0M
Q4 24
$207.1M
$11.9M
Q3 24
$52.4M
$6.8M
Q2 24
$59.3M
$3.1M
Free Cash Flow
AAT
AAT
BWMN
BWMN
Q1 26
Q4 25
$94.9M
$8.1M
Q3 25
$23.1M
$10.1M
Q2 25
$28.4M
$4.2M
Q1 25
$20.4M
$11.0M
Q4 24
$136.9M
$11.7M
Q3 24
$28.0M
$6.6M
Q2 24
$43.6M
$2.7M
FCF Margin
AAT
AAT
BWMN
BWMN
Q1 26
Q4 25
86.2%
6.3%
Q3 25
21.1%
8.0%
Q2 25
26.3%
3.4%
Q1 25
18.8%
9.7%
Q4 24
120.7%
10.4%
Q3 24
22.8%
5.8%
Q2 24
39.3%
2.6%
Capex Intensity
AAT
AAT
BWMN
BWMN
Q1 26
14.5%
Q4 25
65.6%
0.9%
Q3 25
15.9%
0.0%
Q2 25
19.3%
0.1%
Q1 25
15.1%
0.9%
Q4 24
61.9%
0.2%
Q3 24
19.9%
0.2%
Q2 24
14.1%
0.3%
Cash Conversion
AAT
AAT
BWMN
BWMN
Q1 26
Q4 25
4.76×
Q3 25
8.98×
1.54×
Q2 25
9.01×
0.71×
Q1 25
0.87×
Q4 24
2.02×
Q3 24
3.15×
8.81×
Q2 24
4.98×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AAT
AAT

Rental income$104.4M94%
Other$6.2M6%

BWMN
BWMN

Segment breakdown not available.

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