Construction Partners, Inc.
IndustrialsNASDAQ:ROAD · NASDAQ Global Select
+$8.17 today
Vol 0.78M · Avg 0.55M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$3.3B of revenue converted into $127.0M of net income for the selected period. Gross margin is 15.7% and net margin is 3.8%, showing how much revenue survives after costs and taxes. EPS is $2.27, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.8B +54.2% | $1.8B +16.7% | $1.6B +20.1% | $1.3B +42.9% | $910.7M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $2.4B +51.6% | $1.6B +14.7% | $1.4B +17.2% | $1.2B +46.7% | $793.9M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $439.1M +69.9% | $258.5M +29.9% | $199.0M +45.1% | $137.1M +17.4% | $116.8M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 15.6% +1.4pp | 14.2% +1.4pp | 12.7% +2.2pp | 10.5% -2.3pp | 12.8% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $199.3M +32.9% | $150.0M +18.4% | $126.6M +18.2% | $107.2M +25.7% | $85.3M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $199.3M +32.9% | $150.0M +18.4% | $126.6M +18.2% | $107.2M +24.3% | $86.2M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $148.3M +59.6% | $92.9M +17.5% | $79.1M +20.3% | $65.7M +32.0% | $49.8M | $374.2M | $1.2B | $631.8M |
| EBITDA | $373.2M +73.8% | $214.7M +26.2% | $170.1M +65.8% | $102.6M +27.1% | $80.7M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 13.3% +1.5pp | 11.8% +0.9pp | 10.9% +3.0pp | 7.9% -1.0pp | 8.9% | 5.6% | 46.3% | 42.0% |
| Operating Income | $239.8M +121.0% | $108.5M +50.0% | $72.3M +141.5% | $30.0M -2.0% | $30.6M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 8.5% +2.6pp | 5.9% +1.3pp | 4.6% +2.3pp | 2.3% -1.1pp | 3.4% | 16.6% | 24.1% | 22.0% |
| Interest Income | $0 | $0 | $0 | $0 | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $90.4M +204.2% | $29.7M +15.8% | $25.6M +199.5% | $8.6M +255.6% | $2.4M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$105.3M -541.7% | -$16.4M -136.7% | -$6.9M -316.8% | -$1.7M +18.8% | -$2.0M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $134.5M +46.1% | $92.1M +40.8% | $65.4M +131.2% | $28.3M -0.8% | $28.5M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 4.8% -0.3pp | 5.0% +0.9pp | 4.2% +2.0pp | 2.2% -1.0pp | 3.1% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $32.7M +41.4% | $23.2M +41.2% | $16.4M +137.2% | $6.9M -17.2% | $8.3M | $1.3B | -$1.6B | $745.2M |
| Net Income | $101.8M +47.6% | $68.9M +40.7% | $49.0M +129.2% | $21.4M +5.9% | $20.2M | $4.9B | $4.8B | $4.7B |
| Net Margin | 3.6% -0.2pp | 3.8% +0.6pp | 3.1% +1.5pp | 1.6% -0.6pp | 2.2% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $2 +39.1% | $1 +40.0% | $1 +131.7% | $0 +5.1% | $0 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $2 +40.5% | $1 +39.4% | $1 +129.3% | $0 +5.1% | $0 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $54.9M +5.9% | $51.9M +0.1% | $51.8M +0.1% | $51.8M +0.3% | $51.6M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $55.4M +5.3% | $52.6M +0.6% | $52.3M +0.6% | $52.0M +0.4% | $51.8M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Comfort Systems USA, Inc.
NYSE:FIX
$66.10B
EMCOR Group, Inc.
NYSE:EME
$36.65B
Sterling Infrastructure, Inc.
NASDAQ:STRL
$26.36B
TopBuild Corp.
NYSE:BLD
$11.57B
MYR Group Inc.
NASDAQ:MYRG
$6.94B
Arcosa, Inc.
NYSE:ACA
$6.36B
Granite Construction Incorporated
NYSE:GVA
$6.15B
Primoris Services Corporation
NYSE:PRIM
$5.35B
KBR, Inc.
NYSE:KBR
$4.54B
Tutor Perini Corporation
NYSE:TPC
$3.96B
Ameresco, Inc.
NYSE:AMRC
$1.49B
Great Lakes Dredge & Dock Corporation
GLDD
$1.14B
Matrix Service Company
NASDAQ:MTRX
$385.71M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does ROAD generate?
Construction Partners, Inc. (ROAD) reported $2.81B of revenue in fiscal 2025.
Is ROAD profitable?
Construction Partners, Inc. (ROAD) reported $101.77M of net income, with a net margin of 3.6%.
Explore More
Continue the stock analysis
Jump to another research area for this company.