Symbols / BAER Stock $1.76 -0.76% Bridger Aerospace Group Holdings, Inc.

Industrials • Security & Protection Services • United States • NGM
BAER (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Industrials
Industry Security & Protection Services
CEO Mr. Sam Davis
Exch · Country NGM · United States
Market Cap 101.25M
Enterprise Value 755.21M
Income -39.17M
Sales 115.70M
FCF (ttm) -62.48M
Book/sh -6.88
Cash/sh 0.16
Employees 235
Insider 10d —
IPO Mar 17, 2021
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E —
PEG —
P/S 0.88
P/B -0.26
P/C —
EV/EBITDA 48.19
EV/Sales 6.53
Quick Ratio 0.74
Current Ratio 0.90
Debt/Eq 737.73
LT Debt/Eq —
EPS (ttm) -0.70
EPS next Y —
EPS Growth —
Revenue Growth -45.60%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-08-06
Earnings (prior) 2026-05-05
ROA 0.03%
ROE -31.62%
ROIC —
Gross Margin 38.64%
Oper. Margin -296.83%
Profit Margin -10.05%
Shs Outstand 57.64M
Shs Float 35.48M
Insider Own 15.31%
Instit Own 40.41%
Short Float 3.24%
Short Ratio 2.49
Short Interest 1.18M
52W High 3.44
vs 52W High -48.94%
52W Low 1.22
vs 52W Low 43.87%
Beta —
Impl. Vol. —
Rel Volume 0.10
Avg Volume 587.03K
Volume 61.03K
Target (mean) $3.92
Tgt Median $3.92
Tgt Low $3.35
Tgt High $4.50
# Analysts 2
Recom Strong_buy
Prev Close $1.77
Price $1.76
Change -0.76%
About

Bridger Aerospace Group Holdings, Inc. provides aerial wildfire surveillance, relief and suppression, and aerial firefighting services in the United States. The company offers fire suppression services, such as aerial firefighting support for ground crews by operating the Viking CL-415EAF (Super Scooper) aircraft to drop water as part of the initial and direct attack to slow, contain, and extinguish wildfires. It also provides aerial surveillance services via manned (Air Attack) aircraft for fire suppression over an incident and providing tactical coordination with the incident commander, and decision-makers rapid, current intelligence from useful aerial vantage points, giving access to information to support ground firefighters and safety for the public. In addition, the company offers maintenance, repair, and overhaul (MRO) that provides maintenance and repair services for return-to-service upgrades of the Spanish scoopers, as well as airframe modification and integration solutions for governmental and commercial customers. Further, it operates an aircraft fleet of nineteen planes. The company was founded in 2014 and is headquartered in Belgrade, Montana.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$3.93
Mean price target
2. Current target
$1.76
Latest analyst target
3. DCF / Fair value
$-19.51
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.76
Low
$3.35
High
$4.50
Mean
$3.93

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-09 main Canaccord Genuity Buy → Buy $5
2025-11-25 main Canaccord Genuity Buy → Buy $5
2025-05-28 main Canaccord Genuity Buy → Buy $5
2025-03-17 main Canaccord Genuity Buy → Buy $5
2025-01-15 main Canaccord Genuity Buy → Buy $6
2024-11-13 main Canaccord Genuity Buy → Buy $6
2024-08-13 main Canaccord Genuity Buy → Buy $5
2024-07-02 main Canaccord Genuity Buy → Buy $5
2024-06-24 init Canaccord Genuity — → Buy $6
News
RSS: Latest BAER news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-09 KELTER JEFFREY E Director — 100,000 $0.00 $0
2026-03-09 ANDREWS ADOLPHUS WILLIAM Chief Operating Officer — 210,624 $0.00 $0
2025-12-03 KELTER JEFFREY E Director — 300,000 $1.80 $540,210
2025-11-25 FASCITELLI ELIZABETH COGAN Director — 154,145 $0.00 $0
2025-11-25 KELTER JEFFREY E Director — 400,000 $0.00 $0
2025-11-25 SAVAGE ROBERT F JR Director — 208,290 $0.00 $0
2025-11-25 FREEDMAN ERNEST MICHAEL Director — 106,768 $0.00 $0
2025-11-25 HELLER DEAN Director — 154,145 $0.00 $0
2025-11-25 HOWARD HUGH WYMAN III Director — 23,799 $0.00 $0
2025-11-25 SCHELLENBERG DAVID ALFRED Director — 154,145 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
122.83
+24.56%
98.61
+47.83%
66.71
+43.80%
46.39
Operating Revenue
118.76
+26.69%
93.75
+42.47%
65.80
+42.85%
46.06
Cost Of Revenue
71.15
+23.79%
57.48
+39.03%
41.34
+22.00%
33.89
Reconciled Cost Of Revenue
71.15
+23.79%
57.48
+39.03%
41.34
+22.00%
33.89
Gross Profit
51.68
+25.63%
41.14
+62.16%
25.37
+102.91%
12.50
Operating Expense
36.28
+1.29%
35.82
-56.77%
82.86
+135.89%
35.13
Research And Development
—
—
—
—
Selling General And Administration
36.28
+1.29%
35.82
-56.77%
82.86
+135.89%
35.13
General And Administrative Expense
—
—
—
—
Other Gand A
—
—
—
—
Total Expenses
107.43
+15.15%
93.30
-24.89%
124.20
+79.97%
69.01
Operating Income
15.40
+189.58%
5.32
+109.25%
-57.49
-154.11%
-22.63
Total Operating Income As Reported
—
5.32
+109.25%
-57.49
-154.11%
-22.63
EBITDA
42.66
+71.76%
24.84
+157.29%
-43.35
-233.13%
-13.01
Normalized EBITDA
42.66
+71.76%
24.84
+157.29%
-43.35
-233.13%
-13.01
Reconciled Depreciation
15.47
-11.35%
17.45
+57.37%
11.09
+21.98%
9.09
EBIT
27.19
+268.15%
7.38
+113.56%
-54.44
-146.29%
-22.11
Net Income
4.14
+126.59%
-15.57
+79.88%
-77.36
-83.64%
-42.12
Pretax Income
3.92
+124.04%
-16.33
+78.97%
-77.66
-84.36%
-42.12
Net Non Operating Interest Income Expense
-23.26
+1.90%
-23.71
-2.14%
-23.22
-15.97%
-20.02
Interest Expense Non Operating
23.26
-1.90%
23.71
+2.14%
23.22
+15.97%
20.02
Net Interest Income
-23.26
+1.90%
-23.71
-2.14%
-23.22
-15.97%
-20.02
Interest Expense
23.26
-1.90%
23.71
+2.14%
23.22
+15.97%
20.02
Other Income Expense
11.79
+470.30%
2.07
-32.30%
3.05
+485.99%
0.52
Other Non Operating Income Expenses
11.79
+470.30%
2.07
-32.30%
3.05
+485.99%
0.52
Tax Provision
-0.21
+71.78%
-0.76
-152.32%
-0.30
0.00
Tax Rate For Calcs
0.00
+346.81%
0.00
+1108.54%
0.00
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
4.14
+126.59%
-15.57
+79.88%
-77.36
-83.64%
-42.12
Net Income From Continuing Operation Net Minority Interest
4.14
+126.59%
-15.57
+79.88%
-77.36
-83.64%
-42.12
Net Income From Continuing And Discontinued Operation
4.14
+126.59%
-15.57
+79.88%
-77.36
-83.64%
-42.12
Net Income Continuous Operations
4.14
+126.59%
-15.57
+79.88%
-77.36
-83.64%
-42.12
Normalized Income
4.14
+126.59%
-15.57
+79.88%
-77.36
-83.64%
-42.12
Net Income Common Stockholders
-22.94
+43.93%
-40.91
-579.89%
8.52
+102.58%
-330.48
Otherunder Preferred Stock Dividend
27.08
+6.86%
25.34
+118.88%
-134.18
-146.53%
288.35
Diluted EPS
—
-0.81
-836.36%
0.11
+101.46%
-7.55
Basic EPS
—
-0.81
-526.32%
0.19
+102.52%
-7.55
Basic Average Shares
—
50.52
+11.61%
45.27
+3.43%
43.77
Diluted Average Shares
—
50.52
-35.97%
78.91
+80.28%
43.77
Diluted NI Availto Com Stockholders
-22.94
+43.93%
-40.91
+47.02%
-77.20
+76.64%
-330.48
Average Dilution Earnings
—
0.00
+100.00%
-85.73
0.00
Preferred Stock Dividends
—
—
48.30
—
Line Item Trend 2023-12-31
Total Assets
273.47
Current Assets
45.20
Cash Cash Equivalents And Short Term Investments
23.96
Cash And Cash Equivalents
22.96
Cash Financial
22.96
Other Short Term Investments
1.01
Receivables
4.11
Accounts Receivable
0.68
Other Receivables
0.20
Taxes Receivable
0.24
Prepaid Assets
2.56
Current Deferred Assets
0.00
Restricted Cash
13.98
Other Current Assets
0.58
Total Non Current Assets
228.28
Net PPE
204.18
Gross PPE
233.00
Accumulated Depreciation
-28.83
Properties
0.00
Buildings And Improvements
1.12
Machinery Furniture Equipment
189.16
Construction In Progress
0.01
Other Properties
7.90
Leases
34.82
Goodwill And Other Intangible Assets
15.10
Goodwill
13.16
Other Intangible Assets
1.94
Investments And Advances
5.00
Other Investments
5.00
Non Current Deferred Assets
—
Non Current Prepaid Assets
2.88
Other Non Current Assets
—
Total Liabilities Net Minority Interest
246.54
Current Liabilities
25.40
Payables And Accrued Expenses
21.15
Payables
3.98
Accounts Payable
3.98
Current Accrued Expenses
17.17
Current Debt And Capital Lease Obligation
4.25
Current Debt
2.10
Other Current Borrowings
2.10
Current Capital Lease Obligation
2.15
Other Current Liabilities
—
Total Non Current Liabilities Net Minority Interest
221.14
Long Term Debt And Capital Lease Obligation
210.36
Long Term Debt
204.59
Long Term Capital Lease Obligation
5.78
Preferred Securities Outside Stock Equity
354.84
Stockholders Equity
26.93
Common Stock Equity
-327.91
Capital Stock
354.85
Common Stock
0.01
Preferred Stock
354.84
Share Issued
44.78
Ordinary Shares Number
44.78
Treasury Shares Number
0.00
Additional Paid In Capital
84.77
Retained Earnings
-413.67
Gains Losses Not Affecting Retained Earnings
0.99
Other Equity Adjustments
0.99
Total Equity Gross Minority Interest
26.93
Total Capitalization
231.52
Working Capital
19.80
Invested Capital
-121.22
Total Debt
214.62
Net Debt
183.73
Capital Lease Obligations
7.93
Net Tangible Assets
11.83
Tangible Book Value
-343.01
Financial Assets
1.12
Non Current Accrued Expenses
10.78
Notes Receivable
3.00
Preferred Stock Equity
354.84
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
16.73
+78.86%
9.36
+134.90%
-26.81
-170.30%
-9.92
Cash Flow From Continuing Operating Activities
16.73
+78.86%
9.36
+134.90%
-26.81
-170.30%
-9.92
Net Income From Continuing Operations
4.14
+126.59%
-15.57
+79.88%
-77.36
-83.64%
-42.12
Depreciation Amortization Depletion
15.47
-11.35%
17.45
+57.37%
11.09
+21.98%
9.09
Depreciation And Amortization
15.47
-11.35%
17.45
+57.37%
11.09
+21.98%
9.09
Other Non Cash Items
-18.07
-3384.55%
0.55
-51.54%
1.14
-72.90%
4.19
Stock Based Compensation
7.10
-56.08%
16.16
-66.19%
47.80
+530966.67%
0.01
Asset Impairment Charge
0.18
0.00
-100.00%
2.53
0.00
Deferred Tax
-0.37
+67.34%
-1.14
-233.92%
-0.34
0.00
Deferred Income Tax
-0.37
+67.34%
-1.14
-233.92%
-0.34
0.00
Operating Gains Losses
11.31
+324.26%
-5.04
-28127.78%
0.02
-99.51%
3.66
Gain Loss On Investment Securities
3.62
+166.75%
-5.43
-366.18%
-1.17
-211.80%
1.04
Unrealized Gain Loss On Investment Securities
—
—
0.00
-100.00%
3.92
Gain Loss On Sale Of PPE
-0.09
-122.54%
0.39
-67.37%
1.18
-33.16%
1.77
Change In Working Capital
-3.03
+0.69%
-3.05
+73.86%
-11.68
-202.93%
11.34
Change In Receivables
2.75
+229.16%
-2.13
-96.59%
-1.08
-18183.33%
0.01
Changes In Account Receivables
2.75
+229.16%
-2.13
-96.59%
-1.08
-18183.33%
0.01
Change In Inventory
-0.80
-666.35%
-0.10
-108.17%
1.27
+595.63%
0.18
Change In Prepaid Assets
2.35
+2.58%
2.29
+196.01%
-2.38
-540.05%
-0.37
Change In Payables And Accrued Expense
-7.33
-136.50%
-3.10
+67.30%
-9.48
-182.27%
11.53
Change In Payable
-7.33
-136.50%
-3.10
+67.30%
-9.48
-182.27%
11.53
Change In Account Payable
-7.33
-136.50%
-3.10
+67.30%
-9.48
-182.27%
11.53
Change In Other Current Assets
—
—
—
0.18
Investing Cash Flow
-34.44
-1775.24%
2.06
-92.43%
27.16
+130.24%
-89.81
Cash Flow From Continuing Investing Activities
-34.44
-1775.24%
2.06
-92.43%
27.16
+130.24%
-89.81
Net PPE Purchase And Sale
-33.12
-864.10%
-3.44
+82.76%
-19.92
+43.25%
-35.11
Purchase Of PPE
-80.94
-1881.93%
-4.08
+80.31%
-20.74
+41.40%
-35.39
Sale Of PPE
47.83
+7269.03%
0.65
-20.56%
0.82
+185.66%
0.29
Capital Expenditure
-82.27
-1470.00%
-5.24
+75.13%
-21.07
+40.48%
-35.39
Capital Expenditure Reported
-1.33
-14.71%
-1.16
-252.44%
-0.33
0.00
Net Investment Purchase And Sale
0.00
-100.00%
1.05
-97.91%
50.41
+192.14%
-54.71
Purchase Of Investment
—
0.00
+100.00%
-5.00
+91.70%
-60.21
Sale Of Investment
0.00
-100.00%
1.05
-98.10%
55.41
+907.38%
5.50
Net Business Purchase And Sale
0.00
-100.00%
2.59
0.00
—
Net Intangibles Purchase And Sale
—
—
—
—
Purchase Of Intangibles
—
—
—
—
Net Other Investing Changes
—
3.00
+200.00%
-3.00
—
Financing Cash Flow
-4.32
-192.45%
4.67
+180.14%
-5.83
-104.67%
124.93
Cash Flow From Continuing Financing Activities
-4.32
-192.45%
4.67
+180.14%
-5.83
-104.67%
124.93
Net Issuance Payments Of Debt
9.28
+407.96%
-3.01
-35.10%
-2.23
-101.48%
150.59
Issuance Of Debt
220.25
0.00
0.00
-100.00%
160.20
Repayment Of Debt
-210.97
-6899.64%
-3.01
-35.10%
-2.23
+76.79%
-9.61
Long Term Debt Issuance
220.25
0.00
0.00
-100.00%
160.20
Long Term Debt Payments
-210.97
-6899.64%
-3.01
-35.10%
-2.23
+76.79%
-9.61
Net Long Term Debt Issuance
9.28
+407.96%
-3.01
-35.10%
-2.23
-101.48%
150.59
Net Common Stock Issuance
0.00
-100.00%
9.34
+192.33%
3.19
0.00
Repurchase Of Capital Stock
—
—
0.00
+100.00%
-306.25
Net Other Financing Charges
-13.60
-724.36%
-1.65
+75.71%
-6.79
+14.29%
-7.93
Changes In Cash
-22.03
-236.97%
16.08
+393.45%
-5.48
-121.75%
25.20
Effect Of Exchange Rate Changes
0.33
+430.65%
0.06
+247.62%
-0.04
0.00
Beginning Cash Position
53.08
+43.71%
36.94
-13.01%
42.46
+145.99%
17.26
End Cash Position
31.38
-20.22%
39.34
+71.35%
22.96
-23.89%
30.16
Free Cash Flow
-65.54
-1692.61%
4.12
+108.60%
-47.87
-5.66%
-45.31
Interest Paid Supplemental Data
28.84
+24.64%
23.14
-0.36%
23.22
+82.16%
12.75
Income Tax Paid Supplemental Data
0.43
0.00
—
—
Common Stock Issuance
0.00
-100.00%
9.34
+192.33%
3.19
0.00
Earnings Losses From Equity Investments
—
—
—
—
Issuance Of Capital Stock
0.00
-100.00%
9.34
+192.33%
3.19
-98.89%
288.52
Net Preferred Stock Issuance
—
—
0.00
+100.00%
-17.73
Other Cash Adjustment Outside Changein Cash
0.00
+100.00%
-13.75
+1.67%
-13.98
-13.69%
-12.30
Preferred Stock Issuance
—
—
0.00
-100.00%
288.52
Preferred Stock Payments
—
—
0.00
+100.00%
-306.25
Sale Of Business
0.00
-100.00%
2.59
0.00
—
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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