We are a civil infrastructure company that specializes in the construction and maintenance of roadways across Alabama, Florida, Georgia, North Carolina, Oklahoma, South Carolina, Tennessee and Texas. Through our wholly owned subsidiaries, we provide a variety of products and services to both public and private infrastructure projects, with an emphasis on highways, roads, bridges, airports, and commercial and residential developments. Consistent with our vertical integration strategy, our primary operations consist of (i) manufacturing and distributing hot mix asphalt (“HMA”) for both internal use and sales to third parties in connection with construction projects, (ii) paving activities, including the construction of roadway base layers and application of asphalt pavement, (iii) site development, including the installation of utility and drainage systems, (iv) mining aggregates, such as sand, gravel and construction stone, that are used as raw materials in the production of HMA and for
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 3.1B | 2.8B | 1.8B | 1.6B | 1.3B | 911M |
| Net Income | 122M | 102M | 69M | 49M | 21M | 20M |
| EPS | $2.21 | $1.84 | $1.31 | $0.94 | $0.41 | $0.39 |
| Free Cash Flow | 187M | 153M | 121M | 59M | -52M | -7.8M |
| ROIC | 7.8% | 10.3% | 8.3% | 7.4% | 3.4% | 4.0% |
| Gross Margin | 15.8% | 15.6% | 14.2% | 12.6% | 10.7% | 13.2% |
| Debt/Equity | 1.84 | 1.89 | 1.01 | 0.79 | 0.88 | 0.57 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 261M | 225M | 111M | 82M | 35M | 30M |
| Operating Margin | 8.5% | 8.0% | 6.1% | 5.2% | 2.7% | 3.3% |
| ROE | 12.6% | 13.7% | 12.0% | 9.5% | 4.7% | 4.9% |
| Shares Outstanding | 48M | 55M | 53M | 52M | 52M | 52M |
Construction Partners, Inc. passes 2 of 9 quality checks, indicating weak fundamentals.
Construction Partners, Inc. trades at 52.0x trailing earnings, compared to its 15-year median P/E of 45.6x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 29.5x vs a median of 30.8x. The company's 5-year average ROIC is 6.7% with a gross margin of 13.2%. Total shareholder yield (buybacks) is 0.4%. At current prices, the estimated annualized return to fair value is +32.9%.
Construction Partners, Inc. (ROAD) has a current P/E ratio of 52.0, compared to its historical median P/E of 45.6. The stock is currently considered Fair based on its historical valuation range.
Construction Partners, Inc. (ROAD) has a 5-year average return on invested capital (ROIC) of 6.7%. This is below average and may indicate limited pricing power.
Construction Partners, Inc. (ROAD) has a market capitalization of $5.5B. It is classified as a mid-cap stock.
Construction Partners, Inc. (ROAD) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 0.43%.
Based on historical P/E analysis, Construction Partners, Inc. (ROAD) appears fair. The current P/E of 52.0 is 14% above its historical median of 45.6. The estimated fair value CAGR (P/E method) is 5.9%.
Construction Partners, Inc. (ROAD) operates in the Heavy Construction Other Than Bldg Const - Contractors industry, within the Industrials sector.
Construction Partners, Inc. (ROAD) reported annual revenue of $2.8 billion in its most recent fiscal year, based on SEC EDGAR filings.
Construction Partners, Inc. (ROAD) has a net profit margin of 3.6%. This is a modest margin.
Construction Partners, Inc. (ROAD) generated $153 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Construction Partners, Inc. (ROAD) has a debt-to-equity ratio of 1.89. This indicates higher leverage, which may increase financial risk.
Construction Partners, Inc. (ROAD) reported earnings per share (EPS) of $1.84 in its most recent fiscal year.
Construction Partners, Inc. (ROAD) has a return on equity (ROE) of 13.7%. This indicates moderate shareholder returns.
Construction Partners, Inc. (ROAD) has a 5-year average gross margin of 13.2%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 9 years of financial data for Construction Partners, Inc. (ROAD), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Construction Partners, Inc. (ROAD) has a book value per share of $16.49, based on its most recent annual SEC filing.