NV5 Global (NVEE) Financials

$22.56 0.00 (0.00%)

As of 08/4/2025

Annual Income Statements for NV5 Global

This table shows NV5 Global's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/30/2017	12/29/2018	12/28/2019	1/2/2021	1/1/2022	12/31/2022	12/30/2023	12/28/2024
Net Income / (Loss) Attributable to Common Shareholders	4.89	8.49	12	24	27	24	21	47	50	44	28
Consolidated Net Income / (Loss)	4.89	8.49	12	24	27	24	21	47	50	44	28
Net Income / (Loss) Continuing Operations	4.89	8.49	12	24	27	24	21	47	50	44	28
Total Pre-Tax Income	7.97	13	18	25	34	29	29	62	62	47	26
Total Operating Income	8.24	14	18	27	36	31	44	68	66	60	43
Total Gross Profit	45	69	108	165	201	245	335	359	386	426	483
Total Revenue	108	155	224	333	418	509	659	707	787	857	941
Operating Revenue	108	155	224	333	418	509	659	707	787	857	941
Total Cost of Revenue	63	86	116	168	217	264	325	347	401	431	458
Operating Cost of Revenue	53	75	116	168	217	264	325	347	401	431	458
Total Operating Expenses	37	55	89	139	166	214	290	291	320	366	440
Selling, General & Admin Expense	8.87	12	19	27	32	43	50	54	66	68	87
Depreciation Expense	1.99	3.47	6.23	13	17	26	42	40	39	50	61
Other Operating Expenses / (Income)	26	40	64	99	117	146	198	197	215	249	292
Total Other Income / (Expense), net	-0.27	-0.21	-0.26	-1.94	-1.97	-2.28	-15	-6.24	-3.81	-13	-17
Interest Expense	0.27	0.21	0.26	1.94	1.97	2.28	15	6.24	3.81	13	17
Income Tax Expense	3.08	5.00	6.54	0.63	6.86	5.18	7.95	15	12	3.28	-1.73
Basic Earnings per Share	$0.96	$1.25	$1.27	$2.36	$2.44	$1.96	$1.70	$3.34	$0.85	$0.72	$0.45
Weighted Average Basic Shares Outstanding	5.10M	6.77M	9.13M	10.18M	10.99M	12.12M	12.36M	14.14M	59.01M	60.34M	61.64M
Diluted Earnings per Share	$0.87	$1.18	$1.22	$2.23	$2.33	$1.90	$1.65	$3.22	$0.82	$0.71	$0.44
Weighted Average Diluted Shares Outstanding	5.59M	7.22M	9.54M	10.78M	11.51M	12.51M	12.71M	14.66M	61.04M	61.90M	62.88M
Weighted Average Basic & Diluted Shares Outstanding	5.10M	6.80M	9.10M	10.20M	11M	12.89M	13.30M	15.45M	15.53M	15.92M	65.23M

This table shows NV5 Global's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	4/1/2023	7/1/2023	9/30/2023	12/30/2023	3/30/2024	6/29/2024	9/28/2024	12/28/2024	3/29/2025	6/28/2025
Net Income / (Loss) Attributable to Common Shareholders	8.00	5.95	15	13	9.31	0.08	5.39	17	2.59	0.43	12
Consolidated Net Income / (Loss)	8.00	5.95	15	13	9.31	0.08	5.39	17	2.59	0.43	12
Net Income / (Loss) Continuing Operations	8.00	5.95	15	13	9.31	0.08	5.39	17	2.59	0.43	12
Total Pre-Tax Income	12	7.40	17	11	12	0.11	4.22	16	2.49	0.83	13
Total Operating Income	13	8.99	20	15	16	4.30	8.83	21	6.33	4.38	5.22
Total Gross Profit	93	96	110	114	106	112	120	130	118	123	127
Total Revenue	190	184	223	238	213	213	231	251	241	234	252
Operating Revenue	190	184	223	238	213	213	231	251	241	234	252
Total Cost of Revenue	97	88	112	123	107	101	112	121	123	111	125
Operating Cost of Revenue	97	88	112	123	107	101	112	121	123	111	125
Total Operating Expenses	80	87	90	100	90	107	111	109	111	119	121
Selling, General & Admin Expense	19	18	12	20	18	22	21	21	23	24	26
Depreciation Expense	9.57	11	14	13	12	14	16	15	15	16	15
Other Operating Expenses / (Income)	52	58	65	66	60	71	74	73	74	79	81
Total Other Income / (Expense), net	-1.00	-1.58	-3.65	-3.88	-3.86	-4.19	-4.61	-4.55	-3.84	-3.55	7.94
Interest Expense	1.00	1.58	3.65	3.88	3.86	4.19	4.61	4.55	3.84	3.55	3.44
Other Income / (Expense), net	-	-	-	-	-	-	0.00	-	-	-	11
Income Tax Expense	3.70	1.46	1.38	-2.19	2.63	0.03	-1.17	-1.11	-0.09	0.40	1.47
Basic Earnings per Share	$0.14	$0.40	$1.03	$0.21	$0.15	$0.00	$0.09	$0.28	$0.04	$0.01	$0.19
Weighted Average Basic Shares Outstanding	59.01M	14.88M	15.01M	60.84M	60.34M	61.07M	61.45M	61.98M	61.64M	62.25M	62.65M
Diluted Earnings per Share	$0.14	$0.39	$1.00	$0.21	$0.15	$0.00	$0.09	$0.27	$0.04	$0.01	$0.18
Weighted Average Diluted Shares Outstanding	61.04M	15.38M	15.45M	61.99M	61.90M	62.54M	62.68M	63.04M	62.88M	63.25M	63.79M
Weighted Average Basic & Diluted Shares Outstanding	15.53M	15.71M	15.89M	15.90M	15.92M	16.15M	16.28M	65.07M	65.23M	65.65M	67.04M

This table details how cash moves in and out of NV5 Global's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/30/2017	12/29/2018	12/28/2019	1/2/2021	1/1/2022	12/31/2022	12/30/2023	12/28/2024
Net Change in Cash & Equivalents	-7.00	17	12	-17	22	-8.91	33	-17	-9.44	6.28	5.54
Net Cash From Operating Activities	1.42	5.97	15	18	35	40	96	101	94	62	57
Net Cash From Continuing Operating Activities	1.42	5.97	15	18	35	40	96	101	94	62	57
Net Income / (Loss) Continuing Operations	4.89	8.49	12	24	27	24	21	47	50	44	28
Consolidated Net Income / (Loss)	4.89	8.49	12	24	27	24	21	47	50	44	28
Depreciation Expense	1.99	3.47	6.23	13	17	26	45	45	44	55	67
Amortization Expense	-	-	-	0.00	0.00	0.13	0.90	1.21	0.72	0.76	0.74
Non-Cash Adjustments To Reconcile Net Income	0.68	0.32	-13	2.15	4.71	4.97	52	18	28	22	8.80
Changes in Operating Assets and Liabilities, net	-6.14	-6.31	11	-22	-14	-15	-23	-9.95	-29	-60	-47
Net Cash From Investing Activities	-5.48	-11	-47	-63	-60	-351	-9.07	-80	-22	-206	-80
Net Cash From Continuing Investing Activities	-5.48	-11	-47	-63	-60	-351	-9.07	-80	-22	-206	-80
Purchase of Property, Plant & Equipment	-0.83	-0.60	-0.99	-2.24	-2.20	-2.63	-9.86	-14	-16	-17	-17
Acquisitions	-4.65	-10	-46	-61	-58	-348	-0.88	-68	-5.91	-189	-64
Sale of Property, Plant & Equipment	-	-	-	-	0.00	0.00	1.67	1.64	0.09	0.72	0.68
Net Cash From Financing Activities	-2.94	22	44	28	47	302	-54	-38	-82	150	29
Net Cash From Continuing Financing Activities	-2.94	22	44	28	47	302	-54	-38	-82	150	29
Repayment of Debt	-2.03	-11	-4.98	-18	-46	-27	-52	-337	-80	-37	-39
Issuance of Debt	-	0.00	0.00	47	0.00	330	0.00	139	0.00	188	69
Other Financing Activities, net	-0.92	3.04	1.60	-0.56	0.37	-1.20	-1.58	-1.38	-1.46	-1.07	-1.72
Effect of Exchange Rate Changes	-	-	-	-	-	-	-	-	0.00	0.01	-0.20
Cash Interest Paid	0.19	0.19	0.27	1.51	1.90	1.22	16	5.91	4.22	13	17
Cash Income Taxes Paid	1.77	4.37	7.33	7.61	14	16	20	26	30	30	10

This table details how cash moves in and out of NV5 Global's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	4/1/2023	7/1/2023	9/30/2023	12/30/2023	3/30/2024	6/29/2024	9/28/2024	12/28/2024	3/29/2025	6/28/2025
Net Change in Cash & Equivalents	-16	-7.20	-2.51	18	-1.62	-0.06	-15	44	-23	2.85	-14
Net Cash From Operating Activities	14	11	14	20	17	20	-11	49	0.21	38	12
Net Cash From Continuing Operating Activities	14	11	14	20	17	20	-11	49	0.21	38	12
Net Income / (Loss) Continuing Operations	8.00	5.95	15	12	10	0.08	7.91	14	5.43	0.43	12
Consolidated Net Income / (Loss)	8.00	5.95	15	12	10	0.08	7.91	14	5.43	0.43	12
Depreciation Expense	11	12	15	13	15	15	18	16	17	17	17
Amortization Expense	0.17	0.19	0.17	0.21	0.19	0.19	0.19	0.19	0.19	0.19	0.19
Non-Cash Adjustments To Reconcile Net Income	14	-0.76	-0.28	5.59	18	3.94	-15	8.47	12	24	4.89
Changes in Operating Assets and Liabilities, net	-19	-6.40	-16	-11	-26	-0.01	-22	10	-35	-3.99	-22
Net Cash From Investing Activities	-1.70	-124	-72	-6.89	-2.72	-49	-14	-4.88	-13	-15	-8.32
Net Cash From Continuing Investing Activities	-1.70	-124	-72	-6.89	-2.72	-49	-14	-4.88	-13	-15	-8.32
Purchase of Property, Plant & Equipment	-0.82	-6.11	-4.13	-4.02	-2.91	-3.67	-5.23	-4.51	-3.51	-11	-4.76
Acquisitions	-0.89	-118	-69	-2.87	-0.24	-45	-8.61	-0.40	-9.57	-4.44	-3.71
Sale of Property, Plant & Equipment	-	0.00	0.30	-	0.43	0.02	0.23	0.02	0.41	0.27	0.15
Net Cash From Financing Activities	-28	105	56	4.65	-16	30	9.55	-0.85	-9.73	-20	-18
Net Cash From Continuing Financing Activities	-28	105	56	4.65	-16	30	9.55	-0.85	-9.73	-20	-18
Repayment of Debt	-28	-4.09	-14	-3.27	-16	-4.38	-13	-0.85	-21	-28	-35
Issuance of Debt	-	110	70	8.00	-	35	23	-	11	8.00	18
Other Financing Activities, net	0.13	-0.70	-0.09	-0.08	-0.20	-1.03	-0.56	-	-0.14	-0.76	-0.13
Effect of Exchange Rate Changes	-	0.00	-	-	0.21	-0.22	-0.03	0.77	-0.71	0.08	0.29

This table presents NV5 Global's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/30/2017	12/29/2018	12/28/2019	1/2/2021	1/1/2022	12/31/2022	12/30/2023	12/28/2024
Total Assets	55	112	221	306	439	893	881	962	936	1,184	1,315
Total Current Assets	35	74	113	131	185	251	289	304	291	327	411
Cash & Equivalents	6.87	23	36	19	41	32	65	48	39	45	50
Accounts Receivable	27	48	76	110	142	210	217	244	238	153	199
Prepaid Expenses	1.22	1.09	1.87	2.56	2.58	8.91	6.80	12	14	18	20
Other Current Assets	-	-	-	-	-	-	-	-	-	111	142
Plant, Property, & Equipment, net	1.63	3.09	6.68	8.73	12	0.00	0.00	0.00	0.00	50	57
Total Noncurrent Assets	18	35	102	166	243	642	592	658	645	807	848
Goodwill	11	22	59	99	141	309	344	390	401	550	579
Intangible Assets	5.22	12	41	66	100	256	175	188	160	211	207
Noncurrent Deferred & Refundable Income Taxes	1.12	-	-	-	-	-	-	-	-	6.39	27
Other Noncurrent Operating Assets	0.81	0.88	1.51	1.00	2.00	30	30	36	44	40	34
Total Liabilities & Shareholders' Equity	55	112	221	306	439	893	881	962	936	1,184	1,315
Total Liabilities	20	31	73	126	122	537	487	337	241	409	482
Total Current Liabilities	16	22	44	56	73	114	136	164	161	177	210
Short-Term Debt	3.50	4.81	11	12	19	27	26	27	26	13	17
Accounts Payable	5.34	6.66	14	18	23	36	40	56	58	54	82
Accrued Expenses	4.76	9.56	17	19	21	47	45	50	44	48	52
Current Deferred Revenue	0.28	0.29	0.23	0.67	7.63	3.30	25	29	31	59	57
Other Current Liabilities	0.37	-	-	-	-	-	0.38	1.55	1.60	2.26	2.49
Total Noncurrent Liabilities	4.26	8.76	30	69	49	423	351	173	81	233	272
Long-Term Debt	3.38	6.36	22	57	30	333	283	111	40	205	242
Other Noncurrent Operating Liabilities	0.89	0.82	1.88	0.91	2.85	37	40	37	34	27	30
Commitments & Contingencies	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	36	81	148	180	318	356	394	625	694	775	833
Total Preferred & Common Equity	36	81	148	180	318	356	394	625	694	775	833
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	36	81	148	180	318	356	394	625	694	775	833
Common Stock	26	62	118	126	237	251	268	452	471	508	539
Retained Earnings	9.93	18	30	54	81	105	126	173	223	267	294
Accumulated Other Comprehensive Income / (Loss)	-	-	-	-	-	-	-	-	0.00	-0.02	-0.69

This table presents NV5 Global's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2022	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025
Period end date	7/2/2022	10/1/2022	4/1/2023	7/1/2023	9/30/2023	3/30/2024	6/29/2024	9/28/2024	3/29/2025	6/28/2025
Total Assets	947	962	1,090	1,168	1,218	1,229	1,246	1,293	1,312	1,305
Total Current Assets	291	314	302	306	350	330	346	399	401	394
Cash & Equivalents	44	54	31	29	46	45	29	73	53	39
Accounts Receivable	233	239	257	256	167	149	162	164	195	201
Prepaid Expenses	13	21	13	21	14	17	24	18	23	27
Other Current Assets	-	-	-	-	123	119	132	143	130	127
Plant, Property, & Equipment, net	0.00	0.00	49	0.00	50	54	56	56	64	66
Total Noncurrent Assets	656	648	739	862	818	845	843	838	847	845
Goodwill	395	399	483	527	552	562	569	570	581	586
Intangible Assets	178	168	214	244	220	231	223	211	197	187
Noncurrent Deferred & Refundable Income Taxes	-	-	-	-	3.42	11	13	20	32	35
Other Noncurrent Operating Assets	42	43	42	53	43	40	38	36	37	38
Total Liabilities & Shareholders' Equity	947	962	1,090	1,168	1,218	1,229	1,246	1,293	1,312	1,305
Total Liabilities	286	280	370	427	459	447	447	470	469	441
Total Current Liabilities	156	164	169	167	213	180	170	195	215	203
Short-Term Debt	29	27	25	19	17	13	11	11	18	20
Accounts Payable	52	49	48	56	67	53	60	72	69	80
Accrued Expenses	51	58	56	53	65	54	44	53	67	50
Current Deferred Revenue	23	28	37	37	62	59	52	56	59	50
Other Current Liabilities	1.45	1.42	1.56	2.07	2.29	2.17	2.35	2.75	2.62	2.45
Total Noncurrent Liabilities	130	116	201	260	247	266	277	275	254	238
Long-Term Debt	74	63	153	209	216	237	249	248	225	209
Other Noncurrent Operating Liabilities	34	32	31	30	31	29	28	27	29	30
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	661	682	720	741	759	782	799	823	843	865
Total Preferred & Common Equity	661	682	720	741	759	782	799	823	843	865
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	661	682	720	741	759	782	799	823	843	865
Common Stock	462	468	491	497	503	516	528	533	548	558
Retained Earnings	199	215	229	244	256	267	272	289	295	307
Accumulated Other Comprehensive Income / (Loss)	-	-	-	-0.19	-0.61	-0.52	-0.70	0.65	-0.32	0.50

This table displays calculated financial ratios and metrics derived from NV5 Global's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/30/2017	12/29/2018	12/28/2019	1/2/2021	1/1/2022	12/31/2022	12/30/2023	12/28/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	58.84%	42.69%	44.78%	48.74%	25.54%	21.73%	29.54%	7.19%	11.33%	8.95%	9.81%
EBITDA Growth	89.11%	67.79%	43.48%	61.16%	33.69%	7.70%	58.40%	26.50%	-3.11%	4.39%	-4.36%
EBIT Growth	111.58%	66.19%	34.34%	44.37%	34.32%	-12.55%	41.47%	54.80%	-3.16%	-9.38%	-27.58%
NOPAT Growth	71.06%	70.42%	36.47%	119.95%	9.77%	-9.84%	25.01%	61.97%	2.20%	5.22%	-17.03%
Net Income Growth	77.35%	73.55%	36.68%	106.82%	11.87%	-11.54%	-11.53%	124.32%	5.99%	-12.50%	-36.01%
EPS Growth	24.29%	35.63%	3.39%	82.79%	4.48%	-18.45%	-13.16%	95.15%	5.99%	-12.50%	-38.03%
Operating Cash Flow Growth	-58.49%	320.56%	154.74%	15.85%	98.58%	14.00%	140.62%	5.66%	-7.36%	-33.81%	-7.86%
Free Cash Flow Firm Growth	-14,011.00%	-119.29%	-169.33%	8.74%	-11.42%	-402.05%	123.51%	-131.22%	288.04%	-473.21%	73.20%
Invested Capital Growth	82.59%	92.24%	112.49%	58.73%	41.04%	110.14%	-6.76%	11.96%	0.99%	31.51%	9.73%
Revenue Q/Q Growth	12.25%	9.63%	10.19%	10.25%	5.39%	3.51%	4.53%	4.03%	0.16%	2.74%	2.56%
EBITDA Q/Q Growth	22.25%	14.60%	7.56%	13.91%	8.10%	-3.98%	8.63%	12.19%	-7.66%	6.24%	-8.98%
EBIT Q/Q Growth	26.06%	14.27%	4.60%	13.72%	5.43%	-10.56%	7.80%	20.70%	-11.48%	5.44%	-19.73%
NOPAT Q/Q Growth	19.77%	16.98%	5.57%	56.41%	-14.55%	-11.87%	9.34%	21.29%	-12.22%	8.14%	-11.29%
Net Income Q/Q Growth	21.75%	17.47%	5.61%	52.03%	-12.53%	-14.67%	4.98%	30.01%	-12.98%	3.08%	-21.39%
EPS Q/Q Growth	26.09%	12.38%	-3.17%	49.66%	-15.88%	-14.80%	3.13%	28.80%	-12.98%	3.08%	-22.81%
Operating Cash Flow Q/Q Growth	504.26%	209.27%	-10.65%	72.83%	18.54%	2.34%	5.78%	-0.22%	-9.43%	5.39%	-22.42%
Free Cash Flow Firm Q/Q Growth	4.46%	16.56%	-207.85%	45.83%	-255.92%	-397.25%	132.23%	-161.58%	1,044.77%	1.68%	-270.22%
Invested Capital Q/Q Growth	1.52%	-4.23%	40.11%	0.27%	15.41%	80.93%	-1.91%	9.31%	0.36%	0.41%	3.13%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	41.69%	44.47%	48.05%	49.62%	48.17%	48.21%	50.74%	50.84%	49.06%	49.73%	51.34%
EBITDA Margin	9.44%	11.10%	11.00%	11.92%	12.69%	11.23%	13.73%	16.21%	14.10%	13.51%	11.77%
Operating Margin	7.61%	8.86%	8.22%	7.98%	8.54%	6.13%	6.70%	9.67%	8.41%	7.00%	4.61%
EBIT Margin	7.61%	8.86%	8.22%	7.98%	8.54%	6.13%	6.70%	9.67%	8.41%	7.00%	4.61%
Profit (Net Income) Margin	4.51%	5.49%	5.18%	7.21%	6.42%	4.67%	3.19%	6.67%	6.35%	5.10%	2.97%
Tax Burden Percent	61.40%	62.96%	63.96%	97.45%	79.65%	82.11%	72.56%	75.92%	80.12%	93.02%	106.57%
Interest Burden Percent	96.68%	98.45%	98.60%	92.72%	94.49%	92.71%	65.61%	90.87%	94.25%	78.37%	60.44%
Effective Tax Rate	38.60%	37.04%	36.04%	2.55%	20.35%	17.89%	27.44%	24.09%	19.88%	6.98%	-6.57%
Return on Invested Capital (ROIC)	18.37%	16.58%	11.01%	13.76%	10.21%	5.07%	4.85%	7.67%	7.39%	6.68%	4.65%
ROIC Less NNEP Spread (ROIC-NNEP)	21.98%	18.75%	13.20%	5.92%	4.90%	3.96%	1.00%	4.83%	2.16%	-5.32%	-4.94%
Return on Net Nonoperating Assets (RNNOA)	-3.18%	-1.98%	-0.87%	0.87%	0.58%	1.98%	0.76%	1.58%	0.19%	-0.73%	-1.17%
Return on Equity (ROE)	15.19%	14.60%	10.14%	14.63%	10.79%	7.05%	5.60%	9.26%	7.58%	5.95%	3.48%
Cash Return on Invested Capital (CROIC)	-40.08%	-46.55%	-60.99%	-31.64%	-23.84%	-65.95%	11.84%	-3.62%	6.40%	-20.54%	-4.62%
Operating Return on Assets (OROA)	16.44%	16.39%	11.04%	10.08%	9.58%	4.68%	4.98%	7.42%	6.98%	5.66%	3.48%
Return on Assets (ROA)	9.76%	10.16%	6.97%	9.11%	7.21%	3.57%	2.37%	5.12%	5.27%	4.13%	2.24%
Return on Common Equity (ROCE)	15.19%	14.60%	10.14%	14.63%	10.79%	7.05%	5.60%	9.26%	7.58%	5.95%	3.48%
Return on Equity Simple (ROE_SIMPLE)	13.74%	10.51%	7.83%	13.33%	8.46%	6.67%	5.33%	7.55%	7.20%	5.64%	3.36%
Net Operating Profit after Tax (NOPAT)	5.06	8.63	12	26	28	26	32	52	53	56	46
NOPAT Margin	4.67%	5.58%	5.26%	7.77%	6.80%	5.03%	4.86%	7.34%	6.74%	6.51%	4.92%
Net Nonoperating Expense Percent (NNEP)	-3.62%	-2.17%	-2.19%	7.84%	5.32%	1.11%	3.85%	2.84%	5.22%	12.01%	9.59%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	6.98%	5.62%	4.24%
Cost of Revenue to Revenue	58.31%	55.53%	51.95%	50.38%	51.83%	51.79%	49.26%	49.16%	50.94%	50.27%	48.66%
SG&A Expenses to Revenue	8.18%	7.71%	8.64%	8.03%	7.59%	8.38%	7.62%	7.64%	8.40%	7.89%	9.24%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	34.08%	35.61%	39.83%	41.64%	39.64%	42.08%	44.05%	41.17%	40.65%	42.73%	46.72%
Earnings before Interest and Taxes (EBIT)	8.24	14	18	27	36	31	44	68	66	60	43
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	10	17	25	40	53	57	91	115	111	116	111
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	2.34	3.24	2.29	1.74	2.65	3.41	2.97	2.28	1.48
Price to Tangible Book Value (P/TBV)	0.00	0.00	7.25	37.82	9.46	0.00	0.00	45.67	15.50	122.25	26.17
Price to Revenue (P/Rev)	0.00	0.00	1.55	1.75	1.74	1.22	1.58	3.01	2.62	2.06	1.31
Price to Earnings (P/E)	0.00	0.00	29.91	24.33	27.06	26.07	49.65	45.12	41.20	40.40	44.05
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	3.34%	4.11%	3.70%	3.84%	2.01%	2.22%	2.43%	2.48%	2.27%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	2.37	2.75	2.26	1.38	2.02	3.10	2.89	2.05	1.38
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	1.54	1.91	1.76	1.86	1.95	3.14	2.65	2.26	1.53
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	13.99	15.99	13.85	16.58	14.22	19.36	18.80	16.75	13.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	18.72	23.89	20.59	30.36	29.16	32.44	31.52	32.35	33.16
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	29.27	24.52	25.85	36.98	40.19	42.73	39.34	34.78	31.12
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	22.64	36.02	21.00	23.75	13.41	21.85	22.20	31.19	25.13
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	16.44	0.00	45.38	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.19	0.14	0.22	0.39	0.15	1.01	0.78	0.22	0.09	0.28	0.31
Long-Term Debt to Equity	0.09	0.08	0.15	0.32	0.09	0.94	0.72	0.18	0.06	0.27	0.29
Financial Leverage	-0.14	-0.11	-0.07	0.15	0.12	0.50	0.76	0.33	0.09	0.14	0.24
Leverage Ratio	1.56	1.44	1.46	1.61	1.50	1.98	2.37	1.81	1.44	1.44	1.55
Compound Leverage Factor	1.50	1.41	1.44	1.49	1.42	1.83	1.55	1.64	1.36	1.13	0.94
Debt to Total Capital	16.18%	12.15%	18.20%	27.85%	13.33%	50.29%	43.94%	18.05%	8.65%	22.01%	23.67%
Short-Term Debt to Total Capital	8.23%	5.23%	6.25%	4.85%	5.18%	3.81%	3.63%	3.48%	3.43%	1.33%	1.53%
Long-Term Debt to Total Capital	7.95%	6.92%	11.94%	23.01%	8.15%	46.48%	40.31%	14.57%	5.22%	20.68%	22.14%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	83.82%	87.85%	81.80%	72.15%	86.67%	49.71%	56.06%	81.95%	91.35%	77.99%	76.33%
Debt to EBITDA	0.67	0.65	1.34	1.75	0.92	6.30	3.41	1.20	0.59	1.89	2.33
Net Debt to EBITDA	0.00	-0.72	-0.11	1.28	0.15	5.74	2.69	0.78	0.24	1.50	1.88
Long-Term Debt to EBITDA	0.33	0.37	0.88	1.45	0.56	5.82	3.13	0.97	0.36	1.77	2.18
Debt to NOPAT	1.36	1.29	2.80	2.69	1.72	14.05	9.64	2.65	1.24	3.92	5.58
Net Debt to NOPAT	0.00	-1.43	-0.23	1.96	0.28	12.81	7.62	1.73	0.51	3.12	4.49
Long-Term Debt to NOPAT	0.67	0.74	1.84	2.22	1.05	12.99	8.84	2.14	0.75	3.68	5.22
Altman Z-Score	0.00	0.00	4.69	4.71	5.36	1.72	2.61	5.18	6.69	3.95	2.85
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.29	3.32	2.59	2.33	2.54	2.20	2.12	1.85	1.81	1.85	1.95
Quick Ratio	2.18	3.20	2.55	2.28	2.50	2.12	2.07	1.78	1.72	1.12	1.18
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-11	-24	-65	-60	-66	-333	78	-24	46	-172	-46
Operating Cash Flow to CapEx	172.12%	993.68%	1,544.47%	787.18%	1,588.70%	1,520.00%	1,172.99%	827.15%	602.36%	378.25%	353.02%
Free Cash Flow to Firm to Interest Expense	-40.31	-114.24	-253.82	-30.77	-33.74	-146.38	5.16	-3.92	12.07	-13.23	-2.68
Operating Cash Flow to Interest Expense	5.18	28.17	59.19	9.11	17.80	17.54	6.32	16.26	24.68	4.80	3.34
Operating Cash Flow Less CapEx to Interest Expense	2.17	25.33	55.36	7.95	16.68	16.38	5.79	14.29	20.58	3.53	2.39
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.16	1.85	1.34	1.26	1.12	0.76	0.74	0.77	0.83	0.81	0.75
Accounts Receivable Turnover	4.96	4.14	3.63	3.59	3.32	2.89	3.08	3.07	3.26	4.38	5.36
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	73.85	65.59	45.82	43.21	40.97	0.00	0.00	0.00	0.00	0.00	17.60
Accounts Payable Turnover	13.87	14.32	11.54	10.53	10.58	8.98	8.53	7.24	7.05	7.68	6.72
Days Sales Outstanding (DSO)	73.65	88.22	100.46	101.71	109.92	126.30	118.37	118.97	111.82	83.27	68.09
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	26.32	25.49	31.64	34.68	34.50	40.65	42.77	50.40	51.78	47.51	54.32
Cash Conversion Cycle (CCC)	47.33	62.74	68.82	67.03	75.42	85.65	75.61	68.57	60.03	35.76	13.76
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	36	68	145	231	326	684	638	714	721	949	1,041
Invested Capital Turnover	3.93	2.97	2.09	1.77	1.50	1.01	1.00	1.05	1.10	1.03	0.95
Increase / (Decrease) in Invested Capital	16	33	77	85	95	359	-46	76	7.06	227	92
Enterprise Value (EV)	0.00	0.00	344	635	735	948	1,288	2,217	2,086	1,940	1,440
Market Capitalization	0.00	0.00	347	584	727	619	1,044	2,127	2,059	1,766	1,232
Book Value per Share	$6.98	$11.92	$14.25	$16.70	$25.45	$27.77	$29.75	$40.56	$44.62	$48.75	$12.80
Tangible Book Value per Share	$3.77	$6.90	$4.61	$1.43	$6.16	($16.32)	($9.41)	$3.02	$8.54	$0.91	$0.72
Total Capital	42	92	181	250	366	716	703	762	760	994	1,091
Total Debt	6.87	11	33	70	49	360	309	138	66	219	258
Total Long-Term Debt	3.38	6.36	22	57	30	333	283	111	40	205	242
Net Debt	0.00	-12	-2.71	51	8.09	328	244	90	27	174	208
Capital Expenditures (CapEx)	0.83	0.60	0.99	2.24	2.20	2.63	8.19	12	16	16	16
Debt-free, Cash-free Net Working Capital (DFCFNWC)	17	33	45	68	90	132	113	119	117	119	167
Debt-free Net Working Capital (DFNWC)	23	56	81	87	131	164	178	167	156	164	218
Net Working Capital (NWC)	20	52	69	75	112	137	153	140	130	150	201
Net Nonoperating Expense (NNE)	0.17	0.13	0.16	1.89	1.57	1.87	11	4.74	3.05	12	18
Net Nonoperating Obligations (NNO)	0.00	-12	-2.71	51	8.09	328	244	90	27	174	208
Total Depreciation and Amortization (D&A)	1.99	3.47	6.23	13	17	26	46	46	45	56	67
Debt-free, Cash-free Net Working Capital to Revenue	15.29%	21.24%	20.14%	20.51%	21.61%	26.00%	17.19%	16.78%	14.91%	13.85%	17.76%
Debt-free Net Working Capital to Revenue	21.63%	36.41%	36.07%	26.14%	31.35%	32.25%	27.03%	23.57%	19.80%	19.08%	23.11%
Net Working Capital to Revenue	18.41%	33.31%	31.01%	22.51%	26.81%	26.89%	23.16%	19.81%	16.50%	17.54%	21.33%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.96	$1.25	$1.27	$2.36	$2.44	$1.96	$1.70	$3.34	$0.85	$0.74	$0.45
Adjusted Weighted Average Basic Shares Outstanding	5.10M	6.77M	9.13M	10.18M	10.99M	12.12M	12.36M	14.14M	59.01M	60.34M	61.64M
Adjusted Diluted Earnings per Share	$0.87	$1.18	$1.22	$2.23	$2.33	$1.90	$1.65	$3.22	$0.82	$0.72	$0.44
Adjusted Weighted Average Diluted Shares Outstanding	5.59M	7.22M	9.54M	10.78M	11.51M	12.51M	12.71M	14.66M	61.04M	61.90M	62.88M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	6.35M	8.14M	10.59M	10.84M	12.59M	12.89M	13.30M	15.45M	62.12M	63.67M	65.23M
Normalized Net Operating Profit after Tax (NOPAT)	5.06	8.63	12	26	28	26	32	52	53	56	30
Normalized NOPAT Margin	4.67%	5.58%	5.26%	7.77%	6.80%	5.03%	4.86%	7.34%	6.74%	6.51%	3.23%
Pre Tax Income Margin	7.35%	8.72%	8.10%	7.40%	8.07%	5.68%	4.39%	8.79%	7.93%	5.48%	2.79%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	30.08	64.62	71.61	13.73	18.15	13.72	2.91	10.95	17.38	4.62	2.53
NOPAT to Interest Expense	18.47	40.69	45.80	13.38	14.46	11.26	2.11	8.32	13.92	4.30	2.69
EBIT Less CapEx to Interest Expense	27.07	61.78	67.77	12.57	17.03	12.56	2.37	8.99	13.28	3.36	1.58
NOPAT Less CapEx to Interest Expense	15.46	37.85	41.97	12.22	13.34	10.11	1.57	6.35	9.83	3.03	1.75
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	31.19%	35.95%	0.00%	25.55%	0.00%	0.00%	22.60%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from NV5 Global's official financial filings.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	4/1/2023	7/1/2023	9/30/2023	12/30/2023	3/30/2024	6/29/2024	9/28/2024	12/28/2024	3/29/2025	6/28/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.67%	-3.07%	9.82%	16.40%	12.03%	15.32%	6.15%	5.62%	13.22%	10.11%	8.94%
EBITDA Growth	-27.85%	-10.14%	5.45%	-4.55%	28.54%	-7.60%	-16.49%	28.92%	-22.23%	10.52%	28.21%
EBIT Growth	-40.32%	-28.43%	-9.57%	-19.48%	24.34%	-52.13%	-41.87%	39.06%	-59.93%	1.72%	88.01%
NOPAT Growth	-46.12%	-22.57%	4.39%	4.27%	41.79%	-58.28%	-31.17%	23.83%	-46.69%	-25.07%	-58.92%
Net Income Growth	-48.24%	-31.18%	-10.74%	-18.72%	16.35%	-98.71%	-48.70%	30.81%	-72.22%	455.84%	116.69%
EPS Growth	-48.24%	-31.58%	-11.50%	-18.72%	16.35%	-98.71%	-50.00%	30.81%	-73.33%	0.00%	100.00%
Operating Cash Flow Growth	-41.86%	-75.75%	83.67%	-23.72%	23.42%	73.32%	-179.55%	145.17%	-98.75%	96.24%	204.00%
Free Cash Flow Firm Growth	102.70%	-266.92%	-269.47%	-331.58%	-13,312.19%	32.14%	60.79%	79.53%	60.14%	63.91%	73.87%
Invested Capital Growth	0.99%	26.29%	30.80%	31.45%	31.51%	13.91%	9.82%	6.84%	9.73%	4.52%	2.42%
Revenue Q/Q Growth	-6.99%	-2.90%	20.79%	6.70%	-10.48%	-0.05%	10.80%	6.16%	-4.04%	-2.79%	7.66%
EBITDA Q/Q Growth	-19.28%	-9.91%	65.32%	-20.59%	8.69%	-35.24%	41.65%	22.58%	-34.43%	-7.97%	52.99%
EBIT Q/Q Growth	-30.66%	-29.28%	127.47%	-27.82%	7.08%	-72.77%	152.28%	72.69%	-69.14%	-30.88%	279.29%
NOPAT Q/Q Growth	-48.88%	-16.92%	159.97%	-5.56%	-30.49%	-75.56%	248.17%	69.90%	-70.07%	-65.64%	105.44%
Net Income Q/Q Growth	-50.20%	-25.66%	159.17%	-15.29%	-28.71%	-99.17%	1,837.99%	115.99%	-84.86%	-83.45%	2,630.84%
EPS Q/Q Growth	-50.20%	-25.00%	156.41%	-15.29%	-28.71%	-99.17%	1,566.67%	115.99%	-85.19%	-75.00%	1,700.00%
Operating Cash Flow Q/Q Growth	-48.00%	-16.98%	26.04%	40.18%	-15.86%	16.59%	-157.85%	532.01%	-99.57%	18,259.81%	-69.34%
Free Cash Flow Firm Q/Q Growth	103.37%	-10,746.56%	-16.98%	-2.79%	-3.20%	45.32%	32.70%	46.33%	-100.91%	50.49%	52.34%
Invested Capital Q/Q Growth	0.36%	20.19%	8.47%	0.46%	0.41%	4.10%	4.45%	-2.27%	3.13%	-0.83%	2.10%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	48.98%	52.08%	49.54%	48.10%	49.70%	52.57%	52.16%	51.62%	48.86%	52.64%	50.28%
EBITDA Margin	12.56%	11.65%	15.95%	11.87%	14.41%	9.34%	12.55%	14.49%	9.90%	9.37%	13.32%
Operating Margin	6.69%	4.87%	9.18%	6.21%	7.43%	2.02%	5.03%	8.18%	2.63%	1.87%	2.07%
EBIT Margin	6.69%	4.87%	9.18%	6.21%	7.43%	2.02%	5.03%	8.18%	2.63%	1.87%	6.59%
Profit (Net Income) Margin	4.21%	3.23%	6.92%	5.50%	4.38%	0.04%	3.35%	6.81%	1.07%	0.18%	4.64%
Tax Burden Percent	68.37%	80.32%	91.80%	120.10%	77.97%	70.00%	108.70%	106.95%	103.73%	51.57%	88.82%
Interest Burden Percent	92.10%	82.40%	82.15%	73.69%	75.57%	2.56%	61.23%	77.84%	39.38%	18.97%	79.30%
Effective Tax Rate	31.63%	19.68%	8.20%	-20.10%	22.03%	30.00%	-8.70%	-6.95%	-3.73%	48.43%	11.18%
Return on Invested Capital (ROIC)	5.02%	3.94%	8.13%	7.48%	5.95%	1.35%	5.01%	8.21%	2.58%	0.92%	1.74%
ROIC Less NNEP Spread (ROIC-NNEP)	3.84%	2.63%	5.53%	3.29%	2.95%	-0.31%	2.68%	5.60%	0.50%	-0.01%	5.10%
Return on Net Nonoperating Assets (RNNOA)	0.34%	0.38%	1.02%	0.51%	0.40%	-0.07%	0.75%	1.32%	0.12%	0.00%	1.29%
Return on Equity (ROE)	5.36%	4.31%	9.15%	7.99%	6.35%	1.28%	5.75%	9.53%	2.70%	0.92%	3.02%
Cash Return on Invested Capital (CROIC)	6.40%	-16.68%	-20.47%	-20.98%	-20.54%	-7.32%	-4.50%	-1.27%	-4.62%	0.10%	1.31%
Operating Return on Assets (OROA)	5.55%	3.71%	6.95%	4.75%	6.01%	1.55%	3.79%	5.98%	1.98%	1.42%	5.08%
Return on Assets (ROA)	3.49%	2.46%	5.24%	4.21%	3.54%	0.03%	2.52%	4.97%	0.81%	0.14%	3.58%
Return on Common Equity (ROCE)	5.36%	4.31%	9.15%	7.99%	6.35%	1.28%	5.75%	9.53%	2.70%	0.92%	3.02%
Return on Equity Simple (ROE_SIMPLE)	0.00%	6.57%	6.13%	5.59%	0.00%	4.84%	3.93%	4.32%	0.00%	3.36%	0.00%
Net Operating Profit after Tax (NOPAT)	8.69	7.22	19	18	12	3.01	13	22	6.57	2.26	4.63
NOPAT Margin	4.58%	3.92%	8.43%	7.46%	5.79%	1.42%	5.46%	8.75%	2.73%	0.96%	1.84%
Net Nonoperating Expense Percent (NNEP)	1.18%	1.31%	2.60%	4.19%	2.99%	1.66%	2.33%	2.61%	2.08%	0.93%	-3.36%
Return On Investment Capital (ROIC_SIMPLE)	1.14%	-	-	-	1.24%	0.29%	-	-	0.60%	0.21%	0.42%
Cost of Revenue to Revenue	51.02%	47.92%	50.46%	51.90%	50.30%	47.43%	47.84%	48.38%	51.14%	47.36%	49.72%
SG&A Expenses to Revenue	9.75%	9.72%	5.19%	8.53%	8.44%	10.46%	8.96%	8.33%	9.41%	10.23%	10.28%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	42.29%	47.21%	40.36%	41.89%	42.27%	50.55%	47.13%	43.44%	46.23%	50.77%	48.21%
Earnings before Interest and Taxes (EBIT)	13	8.99	20	15	16	4.30	12	21	6.33	4.38	17
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	24	21	36	28	31	20	30	36	24	22	34
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.97	2.24	2.35	2.02	2.28	1.99	1.87	1.85	1.48	1.49	1.73
Price to Tangible Book Value (P/TBV)	15.50	69.85	0.00	0.00	122.25	0.00	71.13	36.14	26.17	19.42	16.30
Price to Revenue (P/Rev)	2.62	2.07	2.17	1.83	2.06	1.76	1.66	1.66	1.31	1.30	1.52
Price to Earnings (P/E)	41.20	34.15	38.31	36.05	40.40	41.16	47.55	42.68	44.05	44.32	43.21
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	2.43%	2.93%	2.61%	2.77%	2.48%	2.43%	2.10%	2.34%	2.27%	2.26%	2.31%
Enterprise Value to Invested Capital (EV/IC)	2.89	2.03	2.06	1.82	2.05	1.79	1.68	1.69	1.38	1.40	1.60
Enterprise Value to Revenue (EV/Rev)	2.65	2.26	2.42	2.06	2.26	1.99	1.91	1.86	1.53	1.50	1.71
Enterprise Value to EBITDA (EV/EBITDA)	18.80	16.23	17.57	15.73	16.75	15.44	15.25	14.01	13.00	12.80	15.48
Enterprise Value to EBIT (EV/EBIT)	31.52	28.14	32.08	30.15	32.35	31.90	35.81	31.52	33.16	33.21	42.24
Enterprise Value to NOPAT (EV/NOPAT)	39.34	34.60	37.58	33.25	34.78	33.46	36.08	32.69	31.12	31.62	43.81
Enterprise Value to Operating Cash Flow (EV/OCF)	22.20	29.99	29.73	29.06	31.19	25.02	38.52	23.09	25.13	18.98	16.99
Enterprise Value to Free Cash Flow (EV/FCFF)	45.38	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1,429.44	123.82
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.09	0.25	0.31	0.31	0.28	0.32	0.32	0.32	0.31	0.29	0.26
Long-Term Debt to Equity	0.06	0.21	0.28	0.28	0.27	0.30	0.31	0.30	0.29	0.27	0.24
Financial Leverage	0.09	0.14	0.18	0.15	0.14	0.23	0.28	0.24	0.24	0.24	0.25
Leverage Ratio	1.44	1.51	1.51	1.51	1.44	1.54	1.56	1.59	1.55	1.56	1.53
Compound Leverage Factor	1.33	1.24	1.24	1.11	1.09	0.04	0.95	1.24	0.61	0.30	1.22
Debt to Total Capital	8.65%	19.87%	23.54%	23.45%	22.01%	24.25%	24.44%	23.99%	23.67%	22.34%	20.92%
Short-Term Debt to Total Capital	3.43%	2.83%	1.95%	1.70%	1.33%	1.27%	1.03%	1.04%	1.53%	1.62%	1.84%
Long-Term Debt to Total Capital	5.22%	17.04%	21.59%	21.75%	20.68%	22.98%	23.41%	22.95%	22.14%	20.73%	19.09%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	91.35%	80.13%	76.46%	76.55%	77.99%	75.75%	75.56%	76.01%	76.33%	77.66%	79.08%
Debt to EBITDA	0.59	1.64	2.07	2.13	1.89	2.19	2.29	2.13	2.33	2.15	2.10
Net Debt to EBITDA	0.24	1.36	1.81	1.71	1.50	1.80	2.03	1.53	1.88	1.68	1.74
Long-Term Debt to EBITDA	0.36	1.41	1.90	1.98	1.77	2.08	2.19	2.04	2.18	1.99	1.92
Debt to NOPAT	1.24	3.51	4.42	4.51	3.92	4.75	5.41	4.98	5.58	5.31	5.95
Net Debt to NOPAT	0.51	2.89	3.86	3.61	3.12	3.90	4.80	3.57	4.49	4.14	4.92
Long-Term Debt to NOPAT	0.75	3.01	4.06	4.18	3.68	4.50	5.18	4.76	5.22	4.92	5.42
Altman Z-Score	6.50	3.80	3.63	3.15	3.82	3.28	3.36	3.20	2.76	2.84	3.34
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.81	1.79	1.84	1.65	1.85	1.83	2.29	2.05	1.95	1.86	1.95
Quick Ratio	1.72	1.71	1.71	1.00	1.12	1.08	1.24	1.22	1.18	1.15	1.19
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1.63	-173	-203	-208	-215	-118	-79	-43	-86	-42	-20
Operating Cash Flow to CapEx	1,667.36%	184.65%	370.89%	496.09%	675.20%	535.58%	-226.01%	1,089.85%	6.75%	356.35%	254.85%
Free Cash Flow to Firm to Interest Expense	1.62	-109.59	-55.56	-53.67	-55.72	-28.05	-17.26	-9.38	-22.34	-11.97	-5.89
Operating Cash Flow to Interest Expense	13.53	7.14	3.90	5.13	4.35	4.67	-2.46	10.75	0.05	10.82	3.42
Operating Cash Flow Less CapEx to Interest Expense	12.72	3.27	2.85	4.10	3.70	3.79	-3.54	9.76	-0.75	7.79	2.08
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.83	0.76	0.76	0.77	0.81	0.76	0.75	0.73	0.75	0.76	0.77
Accounts Receivable Turnover	3.26	3.29	3.27	4.11	4.38	4.36	4.33	5.54	5.36	5.60	5.42
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	17.10	0.00	17.26	17.60	16.25	16.13
Accounts Payable Turnover	7.05	8.14	7.45	7.29	7.68	8.78	7.56	6.37	6.72	7.69	6.89
Days Sales Outstanding (DSO)	111.82	110.95	111.61	88.86	83.27	83.76	84.39	65.87	68.09	65.17	67.36
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	51.78	44.82	49.02	50.05	47.51	41.57	48.25	57.30	54.32	47.49	52.99
Cash Conversion Cycle (CCC)	60.03	66.13	62.58	38.81	35.76	42.19	36.14	8.58	13.76	17.69	14.37
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	721	867	941	945	949	988	1,033	1,009	1,041	1,032	1,054
Invested Capital Turnover	1.10	1.01	0.97	1.00	1.03	0.95	0.92	0.94	0.95	0.95	0.94
Increase / (Decrease) in Invested Capital	7.06	180	221	226	227	121	92	65	92	45	25
Enterprise Value (EV)	2,086	1,762	1,939	1,715	1,940	1,764	1,731	1,706	1,440	1,445	1,686
Market Capitalization	2,059	1,615	1,740	1,529	1,766	1,558	1,501	1,519	1,232	1,256	1,496
Book Value per Share	$44.62	$46.35	$47.18	$47.75	$48.75	$12.81	$49.71	$50.55	$12.80	$12.92	$13.80
Tangible Book Value per Share	$8.54	$1.49	($1.86)	($0.82)	$0.91	($0.18)	$1.31	$2.58	$0.72	$0.99	$1.47
Total Capital	760	898	969	991	994	1,032	1,062	1,083	1,091	1,086	1,093
Total Debt	66	179	228	232	219	250	260	260	258	243	229
Total Long-Term Debt	40	153	209	216	205	237	249	248	242	225	209
Net Debt	27	147	199	186	174	206	230	186	208	189	189
Capital Expenditures (CapEx)	0.82	6.11	3.83	4.02	2.48	3.65	5.01	4.48	3.10	11	4.62
Debt-free, Cash-free Net Working Capital (DFCFNWC)	117	127	129	108	119	118	181	142	167	150	172
Debt-free Net Working Capital (DFNWC)	156	158	158	154	164	163	210	216	218	203	212
Net Working Capital (NWC)	130	133	139	137	150	150	199	204	201	186	192
Net Nonoperating Expense (NNE)	0.69	1.27	3.35	4.66	3.01	2.93	5.01	4.86	3.98	1.83	-7.05
Net Nonoperating Obligations (NNO)	27	147	199	186	174	206	230	186	208	189	189
Total Depreciation and Amortization (D&A)	11	12	15	13	15	16	18	16	18	18	17
Debt-free, Cash-free Net Working Capital to Revenue	14.91%	16.27%	16.14%	12.91%	13.85%	13.34%	20.02%	15.51%	17.76%	15.59%	17.52%
Debt-free Net Working Capital to Revenue	19.80%	20.28%	19.74%	18.48%	19.08%	18.40%	23.26%	23.49%	23.11%	21.12%	21.53%
Net Working Capital to Revenue	16.50%	17.03%	17.37%	16.46%	17.54%	16.92%	22.05%	22.26%	21.33%	19.30%	19.48%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.04	$0.40	$1.03	$0.22	$0.04	$0.01	$0.51	$0.28	$0.04	$0.01	$0.19
Adjusted Weighted Average Basic Shares Outstanding	236.06M	14.88M	15.01M	60.84M	241.38M	61.07M	15.36M	61.98M	61.64M	62.25M	62.65M
Adjusted Diluted Earnings per Share	$0.04	$0.39	$1.00	$0.22	$0.04	$0.01	$0.50	$0.27	$0.04	$0.01	$0.18
Adjusted Weighted Average Diluted Shares Outstanding	244.16M	15.38M	15.45M	61.99M	247.59M	62.54M	15.67M	63.04M	62.88M	63.25M	63.79M
Adjusted Basic & Diluted Earnings per Share	$0.04	$0.00	$0.00	$0.00	$0.04	$0.00	$0.00	$0.00	$0.04	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	62.12M	15.71M	15.89M	63.58M	63.67M	64.58M	16.28M	65.07M	65.23M	65.65M	67.04M
Normalized Net Operating Profit after Tax (NOPAT)	8.69	7.22	19	10	12	3.01	8.32	14	4.43	2.26	4.63
Normalized NOPAT Margin	4.58%	3.92%	8.43%	4.35%	5.79%	1.42%	3.52%	5.72%	1.84%	0.96%	1.84%
Pre Tax Income Margin	6.16%	4.02%	7.54%	4.58%	5.61%	0.05%	3.08%	6.36%	1.04%	0.35%	5.22%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	12.65	5.68	5.60	3.80	4.09	1.03	2.58	4.51	1.65	1.23	4.83
NOPAT to Interest Expense	8.65	4.56	5.14	4.56	3.19	0.72	2.80	4.83	1.71	0.64	1.35
EBIT Less CapEx to Interest Expense	11.84	1.82	4.55	2.77	3.45	0.16	1.49	3.53	0.84	-1.80	3.49
NOPAT Less CapEx to Interest Expense	7.84	0.70	4.09	3.53	2.55	-0.15	1.72	3.84	0.90	-2.40	0.01
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Key Financial Trends

NV5 Global, Inc. (NASDAQ: NVEE) has demonstrated meaningful financial progress over the past several quarters, with several positive trends accompanied by a few cautious points to consider.

Revenue Growth: Operating revenue increased from $212.6 million in Q4 2023 to $252.0 million in Q2 2025, reflecting a strong upward revenue trend over the 6-quarter span.
Net Income Improvement: The company significantly improved net income from $9.3 million in Q4 2023 to $11.7 million in Q2 2025, with Q2 2025 marking one of the highest net incomes in this period.
Gross Profit Expansion: Gross profit expanded from approximately $105.7 million in Q4 2023 to $126.7 million in Q2 2025, indicating improved operational efficiency or favorable pricing.
Consistent Operating Expenses Management: Although "Other Operating Expenses" remain sizable (e.g., around $80.7 million in Q2 2025), total operating expenses increased proportionate with revenues, implying controlled spending.
Strong Operating Cash Flow in Recent Quarters: Net cash from operating activities showed strong positive inflows in recent quarters, especially noteworthy was $11.8 million in Q2 2025 and $38.4 million in Q1 2025 after some prior quarters of flat or negative amounts.
Solid Equity Position: Total common equity has steadily grown from $682 million in Q1 2023 to $865 million in Q2 2025, providing a solid equity base for the company.
Controlled Interest Expense: Interest expense remained relatively stable, ranging roughly between $1.5 million and $4.6 million quarterly, without sharp spikes despite increases in long-term debt.
Debt Level Fluctuations: Long-term debt rose from $153 million in Q1 2023 to about $209 million in Q2 2024 and further fluctuated, reaching $209 million in Q2 2025. Debt management appears active, with significant repayments and issuances noted.
Capex and Acquisitions Activity: NV5 Global invested consistently in property, plant, and equipment, and acquisitions have been significant - e.g., acquisitions cash outflows of $37 million in Q2 2025 and as high as $117.6 million in Q1 2023, indicating strategic growth investments but with cash flow impacts.
Working Capital Movements: Changes in operating assets and liabilities negatively impacted operating cash flow in several quarters (e.g., -$21.8 million in Q2 2025), reflecting fluctuations in working capital requirements.
Negative Operating Cash Flow in Some Periods: The company experienced negative net cash from operating activities in some quarters, such as Q2 2024 where it was -$11.3 million, which is a concern if persistent.
Decline in Cash & Equivalents: Cash and equivalents fluctuated across quarters, with notable drops seen, e.g., from $53.2 million in Q1 2025 to $39.4 million in Q2 2025, possibly pressured by debt repayments and acquisitions.
Fluctuating Pre-Tax Income: Pre-tax income showed volatility, with low points like $0.83 million in Q1 2025 versus highs of $13.2 million in Q2 2025, implying some earnings inconsistency quarter over quarter.

Overall, NV5 Global has grown its revenues and profitability over the recent periods, showing strength in top-line growth and net income progression. The company is actively investing in acquisitions and capital expenditures to fuel growth, which impacts cash flows. Debt levels and interest expenses are manageable but should be monitored due to issuance and repayment activities. Working capital changes and some volatile quarters in operating cash flow and pre-tax income suggest variability in operational efficiency. Retail investors should consider NV5's growth investments and cash flow cycles when evaluating the stock.

08/23/25 07:02 PMAI Generated. May Contain Errors.

Frequently Asked Questions About NV5 Global's Financials

When does NV5 Global's fiscal year end?

According to the most recent income statement we have on file, NV5 Global's financial year ends in December. Their financial year 2024 ended on December 28, 2024.

How has NV5 Global's net income changed over the last 10 years?

NV5 Global's net income appears to be on an upward trend, with a most recent value of $27.98 million in 2024, rising from $4.89 million in 2014. The previous period was $43.72 million in 2023. Find out what analysts predict for NV5 Global in the coming months.

What is NV5 Global's operating income?

NV5 Global's total operating income in 2024 was $43.43 million, based on the following breakdown:

Total Gross Profit: $483.23 million
Total Operating Expenses: $439.80 million

How has NV5 Global's revenue changed over the last 10 years?

Over the last 10 years, NV5 Global's total revenue changed from $108.38 million in 2014 to $941.27 million in 2024, a change of 768.5%.

How much debt does NV5 Global have?

NV5 Global's total liabilities were at $482.34 million at the end of 2024, a 17.8% increase from 2023, and a 2,337.9% increase since 2014.

How much cash does NV5 Global have?

In the past 10 years, NV5 Global's cash and equivalents has ranged from $6.87 million in 2014 to $64.91 million in 2020, and is currently $50.36 million as of their latest financial filing in 2024.

How has NV5 Global's book value per share changed over the last 10 years?

Over the last 10 years, NV5 Global's book value per share changed from 6.98 in 2014 to 12.80 in 2024, a change of 83.4%.

Related Companies

This page (NASDAQ:NVEE) was last updated on 8/23/2025 by MarketBeat.com Staff

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NV5 Global (NVEE) Financials

Key Financial Trends

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NV5 Global (NVEE) Financials

Annual Income Statements for NV5 Global

Quarterly Income Statements for NV5 Global

Annual Cash Flow Statements for NV5 Global

Quarterly Cash Flow Statements for NV5 Global

Annual Balance Sheets for NV5 Global

Quarterly Balance Sheets for NV5 Global

Annual Metrics And Ratios for NV5 Global

Quarterly Metrics And Ratios for NV5 Global

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