Construction Partners Inc (OQ:ROAD)

Sector:  Industrials Industry:  Construction & Engineering
 
See Regulatory Filings on SEC
Company Contact
Address: 290 Healthwest Dr Ste 2
DOTHAN AL 36303-2051
Tel: 1-713-5296600
Website: https://www.constructionpartners.net
IR: See website
<
Key People
Ned N. Fleming
Executive Chairman of the Board
Fred Julius Smith
President, Chief Executive Officer, Director
Gregory A. Hoffman
Chief Financial Officer, Senior Vice President
M. Brett Armstrong
Senior Vice President
J. Ryan Brooks
Senior Vice President - Legal
Robert P. Flowers
Senior Vice President
John L. Harper
Senior Vice President
Todd Keith Andrews
Chief Accounting Officer
 
Business Overview
Construction Partners, Inc. is a civil infrastructure company, which is specialized in the construction and maintenance of roadways. The Company provides a range of products and services to both public and private infrastructure projects, which focuses on highways, roads, bridges, airports and commercial and residential developments. The Company's primary operations consist of manufacturing and distributing hot mix asphalt (HMA) for both internal use and sales to third parties in connection with construction projects; paving activities, including the construction of roadway base layers and application of asphalt pavement; site development, including the installation of utility and drainage systems; mining aggregates, such as sand, gravel and construction stone, that are used as raw materials in the production of HMA and for sales to third parties; and distributing liquid asphalt cement for both internal use and sales to third parties in connection with HMA production.
Financial Overview
For the three months ended 31 December 2023, Construction Partners Inc revenues increased 16% to $396.5M. Net income increased from $1.9M to $9.8M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Gain on sale of equipment, net increase from $168K to $836K (income), Interest expense, net decrease of 5% to $3.7M (expense).
Employees: 1,146 as of Sep 30, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $3,340M as of Dec 31, 2023
Annual revenue (TTM): $1,618M as of Dec 31, 2023
EBITDA (TTM): $170.92M as of Dec 31, 2023
Net annual income (TTM): $56.95M as of Dec 31, 2023
Free cash flow (TTM): $95.72M as of Dec 31, 2023
Net Debt Last Fiscal Year: $373.33M as of Dec 31, 2023
Shares outstanding: 52,827,366 as of Feb 7, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.