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

Empire State Realty Trust, Inc. is the larger business by last-quarter revenue ($190.3M vs $129.0M, roughly 1.5× Bowman Consulting Group Ltd.). Empire State Realty Trust, Inc. runs the higher net margin — 1.6% vs 1.5%, a 0.0% gap on every dollar of revenue. On growth, Bowman Consulting Group Ltd. posted the faster year-over-year revenue change (13.9% vs 5.7%). Over the past eight quarters, Bowman Consulting Group Ltd.'s revenue compounded faster (16.6% CAGR vs 0.2%).

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.

Empire State Realty Trust is a leading real estate investment trust that owns, manages, and operates a portfolio of premium commercial, residential, and retail properties primarily in the New York City metropolitan area, including the iconic Empire State Building. It serves corporate tenants, retail partners, and residential occupants, focusing on sustainable property operations and long-term asset value growth.

BWMN vs ESRT — Head-to-Head

Bigger by revenue
ESRT
ESRT
1.5× larger
ESRT
$190.3M
$129.0M
BWMN
Growing faster (revenue YoY)
BWMN
BWMN
+8.2% gap
BWMN
13.9%
5.7%
ESRT
Higher net margin
ESRT
ESRT
0.0% more per $
ESRT
1.6%
1.5%
BWMN
Faster 2-yr revenue CAGR
BWMN
BWMN
Annualised
BWMN
16.6%
0.2%
ESRT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BWMN
BWMN
ESRT
ESRT
Revenue
$129.0M
$190.3M
Net Profit
$2.0M
$3.0M
Gross Margin
55.0%
Operating Margin
3.2%
15.5%
Net Margin
1.5%
1.6%
Revenue YoY
13.9%
5.7%
Net Profit YoY
-66.7%
-73.7%
EPS (diluted)
$0.13
$0.20

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
BWMN
BWMN
ESRT
ESRT
Q1 26
$190.3M
Q4 25
$129.0M
$199.2M
Q3 25
$126.0M
$197.7M
Q2 25
$122.1M
$191.3M
Q1 25
$112.9M
$180.1M
Q4 24
$113.2M
$197.6M
Q3 24
$113.9M
$199.6M
Q2 24
$104.5M
$189.5M
Net Profit
BWMN
BWMN
ESRT
ESRT
Q1 26
$3.0M
Q4 25
$2.0M
$32.2M
Q3 25
$6.6M
$13.6M
Q2 25
$6.0M
$11.4M
Q1 25
$-1.7M
$15.8M
Q4 24
$5.9M
$18.8M
Q3 24
$771.0K
$22.8M
Q2 24
$-2.1M
$28.6M
Gross Margin
BWMN
BWMN
ESRT
ESRT
Q1 26
Q4 25
55.0%
Q3 25
53.1%
Q2 25
53.7%
Q1 25
51.4%
Q4 24
53.2%
Q3 24
52.4%
Q2 24
52.5%
Operating Margin
BWMN
BWMN
ESRT
ESRT
Q1 26
15.5%
Q4 25
3.2%
17.8%
Q3 25
4.2%
19.9%
Q2 25
7.4%
18.4%
Q1 25
1.0%
14.3%
Q4 24
1.2%
21.7%
Q3 24
0.4%
22.7%
Q2 24
-1.2%
20.8%
Net Margin
BWMN
BWMN
ESRT
ESRT
Q1 26
1.6%
Q4 25
1.5%
16.1%
Q3 25
5.3%
6.9%
Q2 25
4.9%
6.0%
Q1 25
-1.5%
8.8%
Q4 24
5.2%
9.5%
Q3 24
0.7%
11.4%
Q2 24
-2.0%
15.1%
EPS (diluted)
BWMN
BWMN
ESRT
ESRT
Q1 26
$0.20
Q4 25
$0.13
$0.11
Q3 25
$0.37
$0.05
Q2 25
$0.34
$0.04
Q1 25
$-0.11
$0.05
Q4 24
$0.37
$0.07
Q3 24
$0.04
$0.08
Q2 24
$-0.13
$0.10

Balance Sheet & Financial Strength

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

Metric
BWMN
BWMN
ESRT
ESRT
Cash + ST InvestmentsLiquidity on hand
$11.1M
$68.8M
Total DebtLower is stronger
$57.6M
Stockholders' EquityBook value
$261.1M
$1.8B
Total Assets
$579.7M
$4.4B
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BWMN
BWMN
ESRT
ESRT
Q1 26
$68.8M
Q4 25
$11.1M
$132.7M
Q3 25
$16.2M
$154.1M
Q2 25
$15.5M
$94.6M
Q1 25
$10.7M
$187.8M
Q4 24
$6.7M
$385.5M
Q3 24
$11.7M
$421.9M
Q2 24
$23.1M
$535.5M
Total Debt
BWMN
BWMN
ESRT
ESRT
Q1 26
Q4 25
$57.6M
Q3 25
$29.8M
Q2 25
$32.0M
Q1 25
$36.4M
Q4 24
$38.1M
Q3 24
$36.4M
Q2 24
$38.8M
Stockholders' Equity
BWMN
BWMN
ESRT
ESRT
Q1 26
$1.8B
Q4 25
$261.1M
$1.1B
Q3 25
$261.8M
$1.0B
Q2 25
$249.6M
$1.0B
Q1 25
$244.1M
$1.0B
Q4 24
$246.1M
$1.0B
Q3 24
$243.2M
$1.0B
Q2 24
$235.6M
$1.0B
Total Assets
BWMN
BWMN
ESRT
ESRT
Q1 26
$4.4B
Q4 25
$579.7M
$4.5B
Q3 25
$510.2M
$4.1B
Q2 25
$538.2M
$4.1B
Q1 25
$528.7M
$4.1B
Q4 24
$505.9M
$4.5B
Q3 24
$497.0M
$4.4B
Q2 24
$463.4M
$4.4B
Debt / Equity
BWMN
BWMN
ESRT
ESRT
Q1 26
Q4 25
0.22×
Q3 25
0.11×
Q2 25
0.13×
Q1 25
0.15×
Q4 24
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
BWMN
BWMN
ESRT
ESRT
Operating Cash FlowLast quarter
$9.4M
Free Cash FlowOCF − Capex
$8.1M
FCF MarginFCF / Revenue
6.3%
Capex IntensityCapex / Revenue
0.9%
10.0%
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
BWMN
BWMN
ESRT
ESRT
Q1 26
Q4 25
$9.4M
$249.1M
Q3 25
$10.2M
$105.3M
Q2 25
$4.3M
$26.7M
Q1 25
$12.0M
$83.1M
Q4 24
$11.9M
$260.9M
Q3 24
$6.8M
$102.8M
Q2 24
$3.1M
$37.1M
Free Cash Flow
BWMN
BWMN
ESRT
ESRT
Q1 26
Q4 25
$8.1M
$50.6M
Q3 25
$10.1M
$72.8M
Q2 25
$4.2M
$-55.1M
Q1 25
$11.0M
$41.1M
Q4 24
$11.7M
$88.0M
Q3 24
$6.6M
$-65.1M
Q2 24
$2.7M
$19.5M
FCF Margin
BWMN
BWMN
ESRT
ESRT
Q1 26
Q4 25
6.3%
25.4%
Q3 25
8.0%
36.8%
Q2 25
3.4%
-28.8%
Q1 25
9.7%
22.8%
Q4 24
10.4%
44.5%
Q3 24
5.8%
-32.6%
Q2 24
2.6%
10.3%
Capex Intensity
BWMN
BWMN
ESRT
ESRT
Q1 26
10.0%
Q4 25
0.9%
99.6%
Q3 25
0.0%
16.5%
Q2 25
0.1%
42.8%
Q1 25
0.9%
23.4%
Q4 24
0.2%
87.5%
Q3 24
0.2%
84.1%
Q2 24
0.3%
9.3%
Cash Conversion
BWMN
BWMN
ESRT
ESRT
Q1 26
Q4 25
4.76×
7.74×
Q3 25
1.54×
7.72×
Q2 25
0.71×
2.35×
Q1 25
5.27×
Q4 24
2.02×
13.88×
Q3 24
8.81×
4.51×
Q2 24
1.30×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BWMN
BWMN

Segment breakdown not available.

ESRT
ESRT

Rental revenue (1)$166.1M87%
Observatory revenue$18.5M10%
Other revenue and fees$4.1M2%
Lease termination fees$1.4M1%
Third-party management and other fees$277.0K0%

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