ROAD - Construction Partners, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$146.33
DETAILS
HIGH:
$169.00
LOW:
$130.00
MEDIAN:
$140.00
CONSENSUS:
$146.33
UPSIDE:
29.66%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 2,812.4 | 1,823.9 | 1,563.5 | 1,301.7 | 910.7 | 785.7 | 783.2 | 680.1 | 568.2 | 542.3 |
| Cost of Revenue | 2,373.3 | 1,565.4 | 1,364.6 | 1,164.6 | 793.9 | 663.5 | 665.3 | 580.6 | 477.2 | 467.5 |
| Gross Profit | 439.1 | 258.5 | 199.0 | 137.1 | 116.8 | 122.2 | 118.0 | 99.5 | 91.0 | 74.9 |
| Operating Expenses | ||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 199.3 | 150.0 | 126.6 | 107.2 | 85.3 | 68.4 | 62.5 | 55.1 | 47.9 | 40.4 |
| Other Expenses | 0 | 0 | 0 | 0 | 1.0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 199.3 | 150.0 | 126.6 | 107.2 | 86.2 | 68.4 | 62.5 | 55.1 | 47.9 | 40.4 |
| Operating Income | ||||||||||
| Operating Income | 239.8 | 108.5 | 72.3 | 30.0 | 30.6 | 53.8 | 55.4 | 44.4 | 43.1 | 34.5 |
| Interest Expense | 90.4 | 29.7 | 25.6 | 8.6 | 2.4 | 3.1 | 1.9 | 1.3 | 4.0 | 4.7 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||
| EBITDA | 373.2 | 214.7 | 170.1 | 102.6 | 80.7 | 94.9 | 88.8 | 86.6 | 65.8 | 58.8 |
| EBIT | 224.9 | 121.8 | 91.0 | 36.9 | 30.9 | 55.6 | 57.6 | 61.3 | 44.7 | 37.2 |
| Income Before Tax | 134.5 | 92.1 | 65.4 | 28.3 | 28.5 | 53.1 | 57.0 | 61.3 | 40.8 | 32.6 |
| Income Tax Expense | 32.7 | 23.2 | 16.4 | 6.9 | 8.3 | 12.8 | 13.9 | 10.5 | 14.7 | 10.5 |
| Net Income | 101.8 | 68.9 | 49.0 | 21.4 | 20.2 | 40.3 | 43.1 | 50.8 | 26.0 | 22.0 |
| Per Share Data | ||||||||||
| EPS (Basic) | 1.85 | 1.33 | 0.95 | 0.41 | 0.39 | 0.78 | 0.84 | 1.11 | 0.51 | 0.43 |
| EPS (Diluted) | 1.84 | 1.31 | 0.94 | 0.41 | 0.39 | 0.78 | 0.84 | 1.11 | 0.51 | 0.43 |
| Shares Outstanding | 54.9 | 51.9 | 51.8 | 51.8 | 51.6 | 51.5 | 51.4 | 45.6 | 50.8 | 50.8 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 156.1 | 74.7 | 48.2 | 35.5 | 57.3 | 148.3 | 80.6 | 99.1 | 27.5 | 51.1 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 595.2 | 376.8 | 331 | 294.5 | 181.2 | 139.6 | 159.6 | 137.5 | 125.6 | 110.3 |
| Inventory | 155.1 | 106.7 | 84.0 | 74.2 | 53.8 | 38.6 | 34.3 | 24.6 | 17.5 | 13.2 |
| Other Current Assets | 10.4 | 16.7 | 5.9 | 5.8 | 2.4 | 1.4 | 2.4 | 1.3 | 3.0 | 2.3 |
| Total Current Assets | 934.8 | 585.0 | 473.4 | 417.2 | 300.0 | 331.6 | 280.0 | 267.5 | 175.1 | 176.9 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 1,229.4 | 668.9 | 519.6 | 495.4 | 411.4 | 244.6 | 205.9 | 178.7 | 115.9 | 104.3 |
| Goodwill | 943.3 | 231.7 | 159.3 | 129.5 | 85.4 | 46.3 | 38.5 | 32.9 | 30.6 | 30.0 |
| Intangible Assets | 79.2 | 20.5 | 19.5 | 16.0 | 4.2 | 3.2 | 3.4 | 3.7 | 2.5 | 2.9 |
| Long-Term Investments | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.5 | 1.7 | 0 | 0 |
| Other Non-Current Assets | 52.0 | 36.0 | 47.8 | 37.4 | 5.5 | 1.8 | 2.3 | 10.3 | 2.5 | 2.2 |
| Total Non-Current Assets | 2,304.0 | 957.1 | 746.2 | 678.3 | 506.6 | 296.6 | 251.8 | 228.9 | 153.4 | 141.4 |
| Total Assets | 3,238.9 | 1,542.1 | 1,219.7 | 1,095.5 | 806.6 | 628.1 | 531.8 | 496.3 | 328.6 | 318.3 |
| Current Liabilities | ||||||||||
| Account Payables | 284.2 | 182.6 | 151.4 | 130.5 | 86.4 | 64.7 | 70.4 | 63.5 | 52.4 | 40.8 |
| Short-Term Debt | 38.5 | 26.6 | 15 | 12.5 | 10 | 13 | 7.5 | 14.8 | 10 | 14.9 |
| Deferred Revenue | 129.3 | 120.1 | 78.9 | 52.5 | 33.7 | 33.7 | 31.1 | 38.7 | 32.1 | 26.9 |
| Other Current Liabilities | 61.3 | 9.0 | 8.6 | 12.4 | 3.7 | 2.6 | 2.1 | 3.0 | 5.5 | 4.7 |
| Total Current Liabilities | 582.0 | 380.5 | 279.2 | 226.1 | 158.0 | 135.8 | 128.2 | 134.5 | 114.5 | 100.0 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 1,573.6 | 487.0 | 360.7 | 363.1 | 206.2 | 79.1 | 42.5 | 48.1 | 47.1 | 46.1 |
| Deferred Tax Liabilities | 80.1 | 53.9 | 37.1 | 26.7 | 17.4 | 14.0 | 11.5 | 8.9 | 9.7 | 8.9 |
| Other Non-Current Liabilities | 34.0 | 16.5 | 13.4 | 11.7 | 10.9 | 8.5 | 6.1 | 5.3 | 5.0 | 6.9 |
| Total Non-Current Liabilities | 1,744.8 | 587.9 | 423.9 | 413.5 | 239.8 | 107.1 | 60.0 | 62.3 | 61.8 | 62.0 |
| Total Liabilities | 2,326.9 | 968.4 | 703.1 | 639.6 | 397.7 | 242.9 | 188.2 | 196.8 | 176.4 | 162.0 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 |
| Retained Earnings | 417.0 | 315.2 | 246.3 | 197.3 | 175.9 | 155.7 | 115.6 | 72.5 | 21.7 | 27.0 |
| Accumulated Other Comprehensive Income | 4.4 | 7.5 | 18.7 | 17.6 | (0.0) | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 912.0 | 573.7 | 516.6 | 455.9 | 408.9 | 385.2 | 343.6 | 299.5 | 152.2 | 156.3 |
| Total Liabilities & Equity | 3,238.9 | 1,542.1 | 1,219.7 | 1,095.5 | 806.6 | 628.1 | 531.8 | 496.3 | 328.6 | 318.3 |
| Debt Metrics | ||||||||||
| Total Debt | 1,689.2 | 553.2 | 390.7 | 389.8 | 222.9 | 99.7 | 50.0 | 62.9 | 57.1 | 61.0 |
| Net Debt | 1,533.1 | 478.6 | 342.5 | 354.3 | 165.6 | (48.7) | (30.6) | (36.2) | 29.6 | 9.9 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 101.8 | 68.9 | 49.0 | 21.4 | 20.2 | 40.3 | 43.1 | 50.8 | 26.0 | 22.0 |
| Depreciation & Amortization | 148.3 | 92.9 | 79.1 | 65.7 | 45.4 | 40.2 | 29.0 | 25.3 | 20.7 | 19.3 |
| Stock-Based Compensation | 37.0 | 14.4 | 10.8 | 8 | 3.5 | 1.6 | 1.0 | 1.0 | 0.5 | 0.2 |
| Change in Working Capital | (16.1) | 13.8 | 18.7 | (79.8) | (24.6) | 19.6 | (20.9) | (7.5) | (1.8) | 1.1 |
| Other Non-Cash Items | (7.1) | (3.7) | (11.6) | (4.7) | 0.2 | 0.2 | 0.1 | (3.0) | 0.7 | 0.9 |
| Operating Cash Flow | 291.3 | 209.1 | 157.2 | 16.5 | 48.5 | 105.2 | 55.3 | 66.1 | 46.9 | 51.7 |
| Investing Activities | ||||||||||
| Capital Expenditure | (137.9) | (87.9) | (97.8) | (68.9) | (56.3) | (52.6) | (42.5) | (42.8) | (24.4) | (24.9) |
| Acquisitions | (1,155.2) | (231.8) | (91.8) | (128.6) | (210.7) | (30.2) | (13.9) | (51.7) | (10.8) | 5.8 |
| Purchases of Investments | (14.8) | (5.5) | 0 | (7.4) | 0 | 0 | 0 | (0.4) | 0 | 0 |
| Sales/Maturities of Investments | 9.9 | 3.6 | 2.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 17.8 | 14.1 | 43.3 | 7.5 | 3.7 | 3.4 | (3.9) | 5.3 | 4.6 | 0 |
| Investing Cash Flow | (1,280.2) | (307.6) | (143.4) | (197.3) | (263.4) | (79.4) | (60.2) | (89.6) | (30.7) | (19.0) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 1,094.8 | 137.4 | (0.1) | 159.2 | 123.8 | 41.9 | (13.0) | 4.6 | (6.1) | (18.1) |
| Stock Repurchased | (23.5) | (11.3) | (0.1) | (0.0) | 0 | 0 | (0.6) | (2.6) | (3) | (3) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (21.9) | (31.3) | 0 |
| Other Financing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (4.9) | 0 | 0 |
| Financing Cash Flow | 1,071.2 | 126.1 | (0.3) | 159.1 | 123.8 | 41.9 | (13.6) | 95.1 | (39.8) | (20.9) |
| Cash Position | ||||||||||
| Net Change in Cash | 82.3 | 27.6 | 13.5 | (21.7) | (91.1) | 67.7 | (18.5) | 71.6 | (23.5) | 11.8 |
| Cash at Beginning | 76.7 | 49.1 | 35.6 | 57.3 | 148.3 | 80.6 | 99.1 | 27.5 | 51.1 | 39.3 |
| Cash at End | 159.0 | 76.7 | 49.1 | 35.6 | 57.3 | 148.3 | 80.6 | 99.1 | 27.5 | 51.1 |
| Free Cash Flow | 153.4 | 121.1 | 59.3 | (52.4) | (7.8) | 52.6 | 12.8 | 23.3 | 22.5 | 26.8 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 2,812.4 | 1,823.9 | 1,563.5 | 1,301.7 | 910.7 | 785.7 | 783.2 | 680.1 | 568.2 | 542.3 |
| Gross Profit | 439.1 | 258.5 | 199.0 | 137.1 | 116.8 | 122.2 | 118.0 | 99.5 | 91.0 | 74.9 |
| Operating Income | 239.8 | 108.5 | 72.3 | 30.0 | 30.6 | 53.8 | 55.4 | 44.4 | 43.1 | 34.5 |
| Net Income | 101.8 | 68.9 | 49.0 | 21.4 | 20.2 | 40.3 | 43.1 | 50.8 | 26.0 | 22.0 |
| EPS (Diluted) | 1.84 | 1.31 | 0.94 | 0.41 | 0.39 | 0.78 | 0.84 | 1.11 | 0.51 | 0.43 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 156.1 | 74.7 | 48.2 | 35.5 | 57.3 | 148.3 | 80.6 | 99.1 | 27.5 | 51.1 |
| Total Assets | 3,238.9 | 1,542.1 | 1,219.7 | 1,095.5 | 806.6 | 628.1 | 531.8 | 496.3 | 328.6 | 318.3 |
| Total Debt | 1,689.2 | 553.2 | 390.7 | 389.8 | 222.9 | 99.7 | 50.0 | 62.9 | 57.1 | 61.0 |
| Stockholders' Equity | 912.0 | 573.7 | 516.6 | 455.9 | 408.9 | 385.2 | 343.6 | 299.5 | 152.2 | 156.3 |
| Cash Flow | ||||||||||
| Operating Cash Flow | 291.3 | 209.1 | 157.2 | 16.5 | 48.5 | 105.2 | 55.3 | 66.1 | 46.9 | 51.7 |
| Capital Expenditure | (137.9) | (87.9) | (97.8) | (68.9) | (56.3) | (52.6) | (42.5) | (42.8) | (24.4) | (24.9) |
| Free Cash Flow | 153.4 | 121.1 | 59.3 | (52.4) | (7.8) | 52.6 | 12.8 | 23.3 | 22.5 | 26.8 |