Construction Partners, Inc. (ROAD) Financial Statements (2025 and earlier)

Company Profile

Business Address 290 HEALTHWEST DR.
DOTHAN, AL 36303
State of Incorp. DE
Fiscal Year End September 30
Industry (SIC) 16 - Heavy Construction Other Than Building Construction Contractors (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

12/31/2024
Q1
9/30/2024
Q4
6/30/2024
Q3
3/31/2024
Q2
12/31/2023
Q1
9/30/2023
Q4
6/30/2023
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments74,68656,32747,95768,73848,24354,878
Cash and cash equivalent74,68656,32747,95768,73848,24354,878
Restricted cash and investments1,9982,1162,47997383771
Receivables350,811340,684275,570255,529303,704254,972
Inventory, net of allowances, customer advances and progress billings106,704104,554102,75096,66284,03888,233
Inventory106,704104,554102,75096,66284,03888,233
Prepaid expense 10,170   4,274 
Contract with customer, asset, after allowance for credit loss25,96632,55036,12030,43927,29633,449
Other undisclosed current assets14,67117,95510,5869,0295,0329,694
Total current assets:585,006554,186475,462461,370473,424441,297
Noncurrent Assets
Operating lease, right-of-use asset38,93233,32926,72118,41514,48517,484
Property, plant and equipment629,924579,106565,351561,661505,095502,732
Debt securities, available-for-sale, accrued interest, after allowance for credit loss  17,01615,452  13,353
Long-term investments and receivables848484878787
Long-term investments848484878787
Intangible assets, net (including goodwill)252,205221,212202,918196,321178,790178,458
Goodwill231,656200,333181,467176,530159,270157,289
Intangible assets, net (excluding goodwill)20,54920,87921,45119,79119,52021,169
Restricted cash and investments18,020  14,58515,079 
Other noncurrent assets17,96427,16327,41223,71132,70530,428
Total noncurrent assets:957,129877,910837,938814,780746,241742,542
TOTAL ASSETS:1,542,1351,432,0961,313,4001,276,1501,219,6651,183,839
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities224,761158,617141,522131,749182,940126,745
Accounts payable182,572158,617141,522131,749151,406126,745
Accrued liabilities 42,189   31,534 
Deferred revenue120,065113,195103,45388,64978,90568,748
Debt26,56323,90615,00015,00015,00014,000
Other undisclosed current liabilities9,06550,29930,17227,5342,33831,320
Total current liabilities:380,454346,017290,147262,932279,183240,813
Noncurrent Liabilities
Long-term debt and lease obligation486,961453,942423,388427,064360,740405,416
Long-term debt, excluding current maturities486,961453,942423,388427,064360,740405,416
Liabilities, other than long-term debt100,98079,19674,88264,99563,16856,510
Deferred income tax liabilities53,85234,89535,43834,50937,12125,700
Other liabilities16,46717,53917,72714,99313,39815,203
Operating lease, liability30,66126,76221,71715,49312,64915,607
Total noncurrent liabilities:587,941533,138498,270492,059423,908461,926
Total liabilities:968,395879,155788,417754,991703,091702,739
Equity
Equity, attributable to parent, including:573,740552,941524,983521,159516,574481,100
Additional paid in capital278,065275,562272,669270,113267,330264,480
Accumulated other comprehensive income7,50213,80714,38111,98918,69416,983
Retained earnings315,210285,902254,994256,118246,275215,362
Other undisclosed equity, attributable to parent(27,037)(22,330)(17,061)(17,061)(15,725)(15,725)
Total equity:573,740552,941524,983521,159516,574481,100
TOTAL LIABILITIES AND EQUITY:1,542,1351,432,0961,313,4001,276,1501,219,6651,183,839

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

12/31/2024
Q1
9/30/2024
Q4
6/30/2024
Q3
3/31/2024
Q2
12/31/2023
Q1
9/30/2023
Q4
6/30/2023
Q3
Revenues538,163517,794371,427396,505475,026421,893
Cost of revenue
(Cost of Product and Service Sold)		(454,082)(434,302)(332,626)(344,625)(399,489)(357,821)
Gross profit:84,08183,49238,80151,88075,53764,072
Operating expenses(38,313)(37,835)(35,721)(35,145)(30,779)(30,732)
Operating income:45,76845,6573,08016,73544,75833,340
Nonoperating income (expense)
(Other Nonoperating Income (Expense))		(117)3243(28)(50)493
Interest and debt expense      
Other undisclosed loss from continuing operations before equity method investments, income taxes (19,071)   (17,346) 
Income (loss) from continuing operations before equity method investments, income taxes:26,58045,6893,12316,70727,36233,833
Income (loss) from equity method investments(3)     
Other undisclosed income (loss) from continuing operations before income taxes 12,987(4,673)(4,568)(3,746)13,801(5,039)
Income (loss) from continuing operations before income taxes:39,56441,016(1,445)12,96141,16328,794
Income tax expense (benefit)(10,256)(10,108)321(3,118)(10,250)(7,117)
Net income (loss) available to common stockholders, diluted:29,30830,908(1,124)9,84330,91321,677

Comprehensive Income ($ in thousands)
Annual | Quarterly

12/31/2024
Q1
9/30/2024
Q4
6/30/2024
Q3
3/31/2024
Q2
12/31/2023
Q1
9/30/2023
Q4
6/30/2023
Q3
Net income (loss):29,30830,908(1,124)9,84330,91321,677
Other comprehensive income (loss)(6,304)(574)2,392(6,705)1,7113,998
Comprehensive income (loss), net of tax, attributable to parent:23,00430,3341,2683,13832,62425,675

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: