BAER
Neutral signal
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Supports a bullish reading. Open-market purchases outweigh sales
- Congress Unavailable or mixed. No purchase disclosures in the stored window
- Financial indicators Supports a bullish reading. Current ratio 2.43 · operating margin 13%
- Narrative Unavailable or mixed. Stored narrative reading is in the neutral band
- Timing Unavailable or mixed. No stored price series
ACHAT TOTAL: 100 000 titres (~118 030,00 $ US)
- Insiders
- KELTER JEFFREY E
- Total bought
-
$118,030
Avg buy (VWAP, 90d window) $1.14 vs last close —
- Total sold
-
—
Avg sell (VWAP, 90d window) —
- Last activity
- 2026-08-20
- Last synced
-
2026-08-26 03:23:35
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-09-01 | KELTER JEFFREY E | Buy | 100,000 | $1.10 | $109,700 | Form 4 |
| 2026-08-20 | KELTER JEFFREY E | Buy | 50,000 | $1.16 | $57,870 | Form 4 |
| 2026-08-19 | KELTER JEFFREY E | Buy | 50,000 | $1.20 | $60,160 | Form 4 |
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
Market snapshot
Signal
Neutral signalScored 2026-08-22
BAER shows an encouraging operational turnaround with improving margins and positive cash flow trajectory, but the structural fragility — interest coverage below 1 and persistent negative free cash flow — undermines the…
The first sentence of the analysis written for BAER on 2026-08-22 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.
Financial ratios
| Metric | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 42.1% | 41.7% | 38.0% | 27.0% | 32.5% | |
| Ebit Margin | 22.1% | 7.5% | -81.6% | -47.7% | 7.0% | |
| Ebitda Margin | 34.7% | 25.2% | -65.0% | -28.1% | 23.9% | |
| Operating Profit Margin | 12.5% | 5.4% | -86.2% | -48.8% | 4.0% | |
| Pretax Profit Margin | 3.2% | -16.6% | -116.4% | -90.8% | -16.6% | |
| Continuous Operations Profit Margin | 3.4% | -15.8% | -116.0% | -90.8% | -16.6% | |
| Net Profit Margin | 3.4% | -15.8% | -116.0% | -90.8% | -16.6% | |
| Bottom Line Profit Margin | -18.7% | -41.5% | -115.7% | -712.4% | -57.0% | |
| Current Ratio | 2.434 | 2.728 | 1.779 | 4.396 | 0.302 | |
| Quick Ratio | 2.434 | 2.691 | 1.779 | 4.396 | 0.302 | |
| Solvency Ratio | 0.074 | 0.008 | -0.269 | -0.143 | 0.001 | |
| Cash Ratio | 1.899 | 1.682 | 0.904 | 1.241 | 0.187 | |
| Price To Earnings Ratio | -4.357 | -2.630 | -4.041 | -1.342 | -19.137 | |
| Price To Earnings Growth Ratio | 0.090 | 0.050 | 0.052 | -0.001 | -0.233 | |
| Forward Price To Earnings Growth Ratio | 0.090 | 0.050 | 0.052 | -0.001 | -0.233 | |
| Price To Earnings Diluted Ratio | -4.357 | -2.630 | -7.051 | -1.342 | -17.429 | |
| Price To Earnings Diluted Growth Ratio | 0.090 | 0.152 | 0.081 | -0.001 | -0.174 | |
| Price To Book Ratio | 1.536 | 2.012 | 11.615 | 5.880 | 6.906 | |
| Price To Sales Ratio | 0.809 | 1.091 | 4.689 | 9.558 | 10.847 | |
| Price To Free Cash Flow Ratio | -1.547 | 20.417 | -6.534 | -12.490 | -25.818 | |
| Price To Operating Cash Flow Ratio | 5.937 | 11.504 | -11.668 | -44.705 | 70.951 | |
| Debt To Assets Ratio | 0.741 | 0.731 | 0.785 | 0.682 | 0.312 | |
| Debt To Equity Ratio | 3.786 | 3.975 | 7.969 | 2.768 | 0.984 | |
| Debt To Capital Ratio | 0.791 | 0.799 | 0.889 | 0.735 | 0.496 | |
| Long Term Debt To Capital Ratio | 0.767 | 0.791 | 0.884 | 0.732 | 0.484 | |
| Financial Leverage Ratio | 5.108 | 5.438 | 10.154 | 4.058 | 3.154 | |
| Working Capital Turnover Ratio | 3.832 | 3.275 | 1.303 | 2.940 | -1.726 | |
| Operating Cash Flow Ratio | 1.013 | 0.400 | -1.056 | -0.408 | 0.082 | |
| Operating Cash Flow Sales Ratio | 0.136 | 0.095 | -0.402 | -0.214 | 0.153 | |
| Free Cash Flow Operating Cash Flow Ratio | -3.838 | 0.563 | 1.786 | 3.579 | -2.748 | |
| Debt Service Coverage Ratio | 1.772 | 0.989 | -1.700 | -0.579 | 0.823 | |
| Interest Coverage Ratio | 0.662 | 0.224 | -2.476 | -1.130 | 0.171 | |
| Short Term Operating Cash Flow Coverage Ratio | 18.069 | 4.311 | -12.772 | -4.055 | 2.793 | |
| Operating Cash Flow Coverage Ratio | 0.068 | 0.044 | -0.125 | -0.048 | 0.099 | |
| Capital Expenditure Coverage Ratio | 0.207 | 2.291 | -1.273 | -0.388 | 0.267 | |
| Dividend Paid And Capex Coverage Ratio | 0.207 | 2.291 | -1.273 | -0.388 | 0.267 | |
| Dividend Payout Ratio | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |
| Enterprise Value Multiple | 7.333 | 11.308 | -11.636 | -47.788 | 50.323 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 42.1% | ▲0.4% | ▲5.8% |
| Ebit Margin | 22.1% | ▲14.6% | ▲40.7% |
| Ebitda Margin | 34.7% | ▲9.5% | ▲36.6% |
| Operating Profit Margin | 12.5% | ▲7.1% | ▲35.1% |
| Pretax Profit Margin | 3.2% | ▲19.8% | ▲50.6% |
| Continuous Operations Profit Margin | 3.4% | ▲19.2% | ▲50.5% |
| Net Profit Margin | 3.4% | ▲19.2% | ▲50.5% |
| Bottom Line Profit Margin | -18.7% | ▲22.8% | ▲170.4% |
| Current Ratio | 2.434 | ▼-0.293 | ▲0.106 |
| Quick Ratio | 2.434 | ▼-0.257 | ▲0.114 |
| Solvency Ratio | 0.074 | ▲0.066 | ▲0.140 |
| Cash Ratio | 1.899 | ▲0.218 | ▲0.717 |
| Price To Earnings Ratio | -4.357 | ▼-1.728 | ▲1.944 |
| Price To Earnings Growth Ratio | 0.090 | ▲0.041 | ▲0.099 |
| Forward Price To Earnings Growth Ratio | 0.090 | ▲0.041 | ▲0.099 |
| Price To Earnings Diluted Ratio | -4.357 | ▼-1.728 | ▲2.204 |
| Price To Earnings Diluted Growth Ratio | 0.090 | ▼-0.061 | ▲0.061 |
| Price To Book Ratio | 1.536 | ▼-0.476 | ▼-4.054 |
| Price To Sales Ratio | 0.809 | ▼-0.283 | ▼-4.590 |
| Price To Free Cash Flow Ratio | -1.547 | ▼-21.964 | ▲3.647 |
| Price To Operating Cash Flow Ratio | 5.937 | ▼-5.567 | ▼-0.467 |
| Debt To Assets Ratio | 0.741 | ▲0.010 | ▲0.091 |
| Debt To Equity Ratio | 3.786 | ▼-0.188 | ▼-0.110 |
| Debt To Capital Ratio | 0.791 | ▼-0.008 | ▲0.049 |
| Long Term Debt To Capital Ratio | 0.767 | ▼-0.025 | ▲0.035 |
| Financial Leverage Ratio | 5.108 | ▼-0.330 | ▼-0.475 |
| Working Capital Turnover Ratio | 3.832 | ▲0.556 | ▲1.907 |
| Operating Cash Flow Ratio | 1.013 | ▲0.613 | ▲1.006 |
| Operating Cash Flow Sales Ratio | 0.136 | ▲0.041 | ▲0.183 |
| Free Cash Flow Operating Cash Flow Ratio | -3.838 | ▼-4.401 | ▼-3.706 |
| Debt Service Coverage Ratio | 1.772 | ▲0.783 | ▲1.512 |
| Interest Coverage Ratio | 0.662 | ▲0.438 | ▲1.172 |
| Short Term Operating Cash Flow Coverage Ratio | 18.069 | ▲13.758 | ▲16.400 |
| Operating Cash Flow Coverage Ratio | 0.068 | ▲0.024 | ▲0.061 |
| Capital Expenditure Coverage Ratio | 0.207 | ▼-2.084 | ▼-0.014 |
| Dividend Paid And Capex Coverage Ratio | 0.207 | ▼-2.084 | ▼-0.014 |
| Dividend Payout Ratio | 0.000 | 0.000 | 0.000 |
| Enterprise Value Multiple | 7.333 | ▼-3.975 | ▲5.425 |
Key metrics
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Market cap | $99.3M | $107.6M | $312.8M | $443.4M | $427.2M | |
| Enterprise value | $312.8M | $280.8M | $504.5M | $621.9M | $474.4M | |
| EV / Sales | 2.55x | 2.85x | 7.56x | 13.41x | 12.04x | |
| EV / Op. cash flow | 18.70x | 30.02x | -18.82x | -62.70x | 78.79x | |
| EV / Free cash flow | -4.87x | 53.28x | -10.54x | -17.52x | -28.67x | |
| EV / EBITDA | 7.33x | 11.31x | -11.64x | -47.79x | 50.32x | |
| Net debt / EBITDA | 5.00x | 6.97x | -4.42x | -13.72x | 5.01x | |
| Current ratio | 2.43x | 2.73x | 1.78x | 4.40x | 0.30x | |
| Income quality | 4.04x | -0.60x | 0.35x | 0.23x | -0.92x | |
| Graham number | $1 | — | — | — | — | |
| Graham net-net | -$4 | -$4 | -$5 | -$3 | -$3 | |
| Tax burden | 105.5% | 95.3% | 99.6% | 100.0% | 100.0% | |
| Interest burden | 14.4% | -221.1% | 142.6% | 190.6% | -237.6% | |
| Working capital | $23.7M | $40.4M | $19.8M | $82.6M | -$51.0M | |
| Invested capital | $269.4M | $258.7M | $239.1M | $278.0M | $121.0M | |
| Return on assets | 1.3% | -5.4% | -28.3% | -13.8% | -3.4% | |
| Operating ROA | 5.0% | 1.9% | -19.8% | -9.0% | 1.0% | |
| Return on tangible assets | 1.4% | -5.9% | -29.9% | -13.9% | -3.4% | |
| Return on equity | 6.4% | -29.1% | -287.2% | -55.9% | -10.6% | |
| Return on invested capital | 4.9% | 1.9% | -22.7% | -8.0% | 1.3% | |
| Return on capital employed | 4.9% | 2.0% | -23.2% | -8.0% | 1.3% | |
| Earnings yield | 4.2% | -14.5% | -24.7% | -9.5% | -1.5% | |
| Free cash flow yield | -64.6% | 4.9% | -15.3% | -8.0% | -3.9% | |
| Capex / Op. cash flow | 483.8% | 43.7% | -78.6% | -257.9% | 374.8% | |
| Capex / Depreciation | 523.2% | 23.4% | 190.0% | 281.4% | 338.2% | |
| Capex / Sales | 65.9% | 4.1% | 31.6% | 55.1% | 57.3% | |
| SG&A / Sales | 29.5% | 36.3% | 124.2% | 75.7% | 27.5% | |
| R&D / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.9% | |
| Stock comp / Sales | 5.8% | 16.4% | 71.6% | 0.0% | 0.0% | |
| Intangibles / Total assets | 8.1% | 9.2% | 5.5% | 0.9% | 1.4% | |
| Days sales outstanding | 9d | 22d | 23d | 0d | 0d | |
| Days payables outstanding | 18d | 34d | 35d | 34d | 55d | |
| Operating cycle | 9d | 27d | 23d | 0d | 0d | |
| Cash conversion cycle | -8d | -6d | -13d | -34d | -55d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Valuation
Market cap ▼-7.7%EV / Sales ▼-10.6%EV / EBITDA ▼-35.2%EV / Op. cash flow ▼-11.325Earnings yield ▲+0.186
Profitability
Return on equity ▲+0.355Return on assets ▲+0.066Return on invested capital ▲+0.030Return on capital employed ▲+0.029Operating ROA ▲+0.031Income quality ▲+4.642Tax burden ▲+0.101
Efficiency
Days sales outstanding ▼-12.525Days payables outstanding ▼-16.319Operating cycle ▼-17.968Cash conversion cycle ▼-1.649Capex / Sales ▲+0.618R&D / Sales n/a
Balance-sheet strength
Current ratio ▼-0.293Net debt / EBITDA ▼-1.970Working capital ▼-16719000.000Invested capital ▲+10687360.000Intangibles / Total assets ▼-0.011
Change over 5 years
Valuation
Market cap ▼-76.7%EV / Sales ▼-78.9%EV / EBITDA ▼-85.4%EV / Op. cash flow ▼-60.095Earnings yield ▲+0.057
Profitability
Return on equity ▲+0.170Return on assets ▲+0.046Return on invested capital ▲+0.036Return on capital employed ▲+0.036Operating ROA ▲+0.040Income quality ▲+4.962Tax burden ▲+0.055
Efficiency
Days sales outstanding ▲+9.155Days payables outstanding ▼-37.691Operating cycle ▲+9.155Cash conversion cycle ▲+46.846Capex / Sales ▲+0.086R&D / Sales ▼-0.009
Balance-sheet strength
Current ratio ▲+2.132Net debt / EBITDA ▼-0.003Working capital ▲+74700886.000Invested capital ▲+148405600.000Intangibles / Total assets ▲+0.067
Employee count
Peer market caps
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Recent news
- 2026-08-21 Analyzing Bridger Aerospace Group (NASDAQ:BAER) & Civeo (NYSE:CVEO) Civeo (NYSE: CVEO - Get Free Report) and Bridger Aerospace Group (NASDAQ: BAER - Get Free Report) are both small-cap industrials companies, but which is the better stock? We will compare the two businesses based on the strength of their institutional ownership, risk, valuation, earnings, analyst recommendations, profitability and dividends. Analyst Ratings This is a summary of
- 2026-08-11 Bridger Aerospace Expands Super Scooper Fleet as Wildfire Contracts Extend Bridger Aerospace Group NASDAQ: BAER is expanding its aerial firefighting fleet and pursuing longer-term government contracts as wildfire activity extends further into the year, Chief Executive Officer Sam Davis said during a discussion hosted by Canaccord Genuity Senior Aerospace and Defense Technology Analyst Austin Moeller.
- 2026-08-07 Bridger Aerospace Group Holdings, Inc. (BAER) Q2 2026 Earnings Call Transcript Bridger Aerospace Group Holdings, Inc. (BAER) Q2 2026 Earnings Call Transcript
- 2026-08-06 Bridger Aerospace Group Holdings, Inc. (BAER) Reports Q2 Loss, Misses Revenue Estimates Bridger Aerospace Group Holdings, Inc. (BAER) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to a loss of $0.12 per share a year ago.
- 2026-08-06 Bridger Aerospace Group Q2 Earnings Call Highlights Bridger Aerospace Group NASDAQ: BAER reported second-quarter revenue that was essentially unchanged from a year earlier, while reiterating its full-year outlook and citing increasing wildfire activity, longer-duration government task orders and expansion into aircraft modification and intelligence services.
- 2026-08-04 Wildfire and Emergency Response Drones Are Reshaping a Billion-Dollar Market /PRNewswire/ -- The frequency of wildfires is on the rise, along with their intensity and containment costs. This has led to a shift in emergency response
- 2026-07-27 Bridger Aerospace Awarded $58 Million Contract with Texas A&M Forest Service to Build State Wildfire Aviation Surveillance Program Contract covers acquisition, modification, and delivery of three King Air 360 multi-mission aircraft Contract covers acquisition, modification, and delivery of three King Air 360 multi-mission aircraft
- 2026-07-23 Avincis and Bridger strengthen Europe''s aerial firefighting capacity with two leased Super Scoopers Two Super Scoopers mobilized to fight wildfires in Europe during its worst heatwave in a decade Two Super Scoopers mobilized to fight wildfires in Europe during its worst heatwave in a decade
- 2026-07-23 Bridger Aerospace Announces Schedule for its Second Quarter 2026 Earnings Release and Conference Call BELGRADE, Mont., July 23, 2026 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger” or the “Company”) (NASDAQ: BAER, BAERW), one of the nation''s leading aerial firefighting companies, today announced that it will release financial results for the second quarter ended June 30, 2026 on Thursday, August 6, 2026, after the market close.
- 2026-07-20 Bridger Aerospace and TracPlus Bring Aerial Firefighting Activity Into the IGNIS Platform, Giving Operational Teams on the Fireline a Unified View The integration pairs TracPlus''s aircraft and mission data with Bridger''s wildfire intelligence to support wildland firefighting The integration pairs TracPlus''s aircraft and mission data with Bridger''s wildfire intelligence to support wildland firefighting