YOLFTbeta
Construction Partners Inc

Construction Partners Inc

ROAD · NASDAQ · Industrials / Engineering & Construction

80.75USD-0.27 (-0.33%)

Price History

Full chart

Market Stats

Previous Close81.02
Open81.58
Day Range79.55 – 82.60
52-Week Range74.51 – 151.00
Volume567.06K
Market Cap4.60B
P/E (TTM)31.77
Forward P/E22.03
EPS2.55
Dividend Yield0.00%
Beta0.93
50-Day Avg90.43
200-Day Avg110.05

About

Construction Partners, Inc., a civil infrastructure company, constructs and maintains roadways in Alabama, Florida, Georgia, North Carolina, Oklahoma, South Carolina, Tennessee, and Texas. The company provides various products and services to public and private infrastructure projects, such as highways, roads, bridges, airports, and commercial and residential developments. It also engages in manufacturing and distributing hot mix asphalt (HMA) for internal use and sales to third parties in connection with construction projects; and paving activities, including the construction of roadway base layers and application of asphalt pavement. In addition, the company is involved in site development, including the installation of utility and drainage systems; mining aggregates, such as sand, gravel, and construction stones that are used as raw materials in the production of HMA; and distributing liquid asphalt cement for internal use and sales to third parties in connection with HMA production. The company was formerly known as SunTx CPI Growth Company, Inc. and changed its name to Construction Partners, Inc. in September 2017. Construction Partners, Inc. was incorporated in 2007 and is headquartered in Dothan, Alabama.

Company Details

  • SectorIndustrials
  • IndustryEngineering & Construction
  • CEOMr. Fred J. Smith III
  • Employees1.64K
  • Headquarters290 Healthwest Drive, Dothan, AL, United States, 36303, USA
  • Websitehttps://www.constructionpartners.net

Leadership

  • Mr. Ned N. Fleming IIIExecutive Chairman of the Board · b. 1960
  • Mr. Fred J. Smith IIIPresident, CEO & Director · b. 1970
  • Mr. Gregory A. HoffmanSenior VP & CFO · b. 1966
  • Mr. Robert G. BaugnonSenior Vice President of Personnel & Administration · b. 1967
  • Mr. Judson Ryan Brooks J.D.Senior VP & General Counsel · b. 1989
  • Mr. N. Nelson Fleming IVSenior Vice President of Strategy and Business Development · b. 1989

Financials

Income Statement

Currency: USD2016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Revenue542.35M568.21M680.10M783.24M785.68M910.74M1.30B1.56B1.82B2.81B
Growth (%)-+4.77%+19.69%+15.17%+0.31%+15.92%+42.93%+20.12%+16.65%+54.20%
Cost of Revenue467.46M477.24M580.56M665.28M663.47M793.95M1.16B1.36B1.57B2.37B
Gross Profit74.88M90.97M99.54M117.95M122.21M116.79M137.12M198.98M258.50M439.09M
Gross Margin13.81%16.01%14.64%15.06%15.55%12.82%10.53%12.73%14.17%15.61%
Operating Expense40.43M47.87M55.10M62.52M68.40M86.22M107.16M126.65M150.00M199.29M
Operating Income34.45M43.10M44.43M55.43M53.81M30.57M29.95M72.33M108.50M239.80M
Operating Margin6.35%7.59%6.53%7.08%6.85%3.36%2.30%4.63%5.95%8.53%
EBITDA58.76M65.81M86.65M88.78M94.87M80.73M102.61M170.15M214.72M373.17M
EBITDA Margin10.83%11.58%12.74%11.34%12.07%8.86%7.88%10.88%11.77%13.27%
Net Income22.02M26.04M50.79M43.12M40.30M20.18M21.38M49.00M68.94M101.77M
Net Income Margin4.06%4.58%7.47%5.51%5.13%2.22%1.64%3.13%3.78%3.62%
R&D--0-------
R&D as % of Total Revenue--0.00%-------
Interest Expense4.66M3.96M1.27M1.86M3.11M2.41M8.56M25.64M29.70M90.36M
Interest Expense % of Total Revenue0.86%0.70%0.19%0.24%0.40%0.26%0.66%1.64%1.63%3.21%

Balance Sheet

Currency: USD2016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Assets318.28M328.55M496.31M531.77M628.11M806.62M1.10B1.22B1.54B3.24B
Total Liabilities162.00M176.37M196.84M188.22M242.92M397.72M639.64M703.09M968.39M2.33B
Total Equity156.28M152.18M299.47M343.55M385.19M408.90M455.88M516.57M573.74M911.96M
Cash51.09M27.55M99.14M80.62M148.32M57.25M35.53M48.24M74.69M156.06M
Total Debt60.96M57.14M62.89M50.00M99.65M222.87M389.83M390.73M553.25M1.69B
Net Debt9.88M29.59M-36.25M-30.62M-48.66M165.62M354.30M342.48M478.56M1.53B

Cash Flow

Currency: USD2016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Operating Cash Flow51.69M46.93M66.12M55.27M105.17M48.50M16.50M157.16M209.08M291.30M
Investing Cash Flow-19.00M-30.69M-89.59M-60.23M-79.36M-263.41M-197.33M-143.37M-307.58M-1.28B
Financing Cash Flow-20.88M-39.78M95.06M-13.57M41.89M123.85M159.14M-264.00K126.11M1.07B
Capital Expenditure24.86M24.40M42.80M42.48M52.57M56.33M68.85M97.81M87.93M137.93M
Free Cash Flow26.84M22.53M23.32M12.79M52.60M-7.83M-52.35M59.35M121.15M153.37M
Dividends Paid031.29M21.92M13.57M------
FCF to OCF51.92%48.01%35.26%23.15%50.01%-16.15%-317.33%37.76%57.94%52.65%
Dividend Paid to FCF0.00%138.91%94.00%106.06%------

Earnings

Report DateFeb 3, 2017May 4, 2017Nov 4, 2017Feb 28, 2018Jun 4, 2018Aug 9, 2018Dec 10, 2018Feb 11, 2019May 9, 2019Aug 8, 2019Dec 9, 2019Feb 7, 2020May 8, 2020Aug 7, 2020Dec 11, 2020Feb 5, 2021May 7, 2021Aug 6, 2021Nov 23, 2021Feb 4, 2022May 6, 2022Aug 5, 2022Nov 22, 2022Feb 9, 2023May 5, 2023Aug 2, 2023Nov 29, 2023Feb 9, 2024May 10, 2024Aug 9, 2024Nov 21, 2024Feb 7, 2025May 9, 2025Aug 7, 2025Nov 20, 2025Feb 5, 2026May 8, 2026Aug 7, 2026Nov 19, 2026
EPS Estimate----0.010.230.290.140.050.290.340.110.040.250.300.140.100.330.400.10-0.060.150.240.03-0.180.340.510.13-0.010.550.570.15-0.050.871.080.31-0.051.061.19
EPS Actual0.090.060.510.260.270.290.290.100.080.330.320.110.030.300.340.15-0.040.180.150.11-0.180.230.250.04-0.110.410.590.19-0.020.590.580.250.080.811.060.470.181.08-
Surprise----2600.00%26.09%0.00%-28.57%60.00%13.79%-5.88%0.00%-25.00%20.00%13.33%7.14%-140.00%-45.45%-62.50%10.00%-200.00%53.33%4.17%33.33%38.89%20.59%15.69%46.15%-100.00%7.27%1.75%66.67%260.00%-6.90%-1.85%51.61%460.00%1.89%-
Timing----Pre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap4.60B
Enterprise Value6.57B
Trailing P/E31.77
Forward P/E22.03
PEG Ratio1.57
Price / Sales1.32
Price / Book4.58
EPS2.55
Book Value18.43
Revenue (TTM)3.48B
Gross Profit (TTM)548.10M
EBITDA507.14M
Profit Margin4.10%
Operating Margin9.53%
Return on Equity15.05%
Return on Assets6.34%
Shares Outstanding48.21M
Shares Float47.17M
Beta0.93
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 6 analystsTarget 113.00
  • Strong Buy
    5
  • Hold
    1

Ownership Breakdown

Institutions
110.94%
Insiders
1.32%
Retail / Other
0.00%

Top Institutional Holders

  • FMR Inc
    7.15M12.59%
  • BlackRock Inc
    3.88M6.83%
  • Vanguard Capital Management, LLC
    2.01M3.53%
  • Vanguard Portfolio Management, LLC
    1.97M3.46%
  • Kayne Anderson Rudnick Investment Management LLC
    1.53M2.69%
  • Conestoga Capital Advisors, LLC
    1.36M2.39%
  • Geode Capital Management, LLC
    1.28M2.26%
  • Geneva Capital Management
    1.24M2.19%
  • First Trust Advisors L.P.
    1.22M2.15%
  • State Street Corp
    1.17M2.07%
  • Delaware Management Holdings Inc
    1.15M2.03%
  • The Goldman Sachs Group Inc
    1.06M1.87%
  • Wasatch Advisors LP
    1.01M1.78%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    2.90M5.11%
  • Onex Senior Credit Fund Canada F
    2.32M4.09%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.53M2.70%
  • iShares Russell 2000 ETF
    1.22M2.15%
  • Strategic Advisers Fidelity US TtlStk
    1.18M2.08%
  • First Trust RBA Amer Indl RenaisTM ETF
    1.16M2.05%
  • Vanguard Small Cap Index
    1.09M1.91%