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Construction Partners, Inc.

ROADIndustrialsNASDAQ

Engineering & Construction · Last scanned Jun 3, 2026

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Financials · Annual
Revenue
$2.81B
+54.2% YoY
Net Income
$101.8M
+47.6% YoY
EBITDA
$373.2M
+82.8% YoY
Free Cash Flow
$70.0M

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About Construction Partners, Inc.

Construction Partners, Inc., a civil infrastructure company, constructs and maintains roadways in Alabama, Florida, Georgia, North Carolina, Oklahoma, South Carolina, Tennessee, and Texas. The $6.30B market capitalization puts ROAD squarely in mid-cap range for its industry. The company provides various products and services to public and private infrastructure projects, such as highways, roads, bridges, airports, and commercial and residential developments.

Key stats
Market Cap$6.30B
P/E (TTM)48.45
Fwd P/E28.85
EPS$2.30
Beta0.92
52W Change+7.1%
ROE14.2%
Analysis

On the balance sheet, ROAD has $76.9M in cash with $1.85B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Annual free cash flow of $70.0M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 14.2%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 6.2% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $1.30B (2022) to $2.81B (2025), reflecting a 116% increase over the period.

Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Construction Partners, Inc. and its sector.

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