Construction Partners, Inc. (ROAD) Financial Statements
Industry: Heavy Construction Other Than Bldg Const - Contractors
In fiscal 2025, Construction Partners reported revenue of $2.81B, up 54.2% from $1.82B the year before. Net income was $101.8M (a 3.6% net margin), or $1.84 per diluted share. Gross margin was 15.6% and operating margin was 8.0%. Operating activities generated $291.3M of cash, leaving $153.4M of free cash flow. At fiscal year end, Construction Partners held $3.24B in total assets against $2.33B in total liabilities, including $156.1M of cash and equivalents.
Open the full interactive Construction Partners financials → Quarterly statements, key ratios, valuation history and price charts.
Construction Partners Key Stats
| Share Price | $86.33 |
|---|---|
| Market Cap | $4.86B |
| P/E Ratio | 46.9 |
| Revenue YoY Growth | +54.2% |
| 52-Week Range | $86.18 – $140.48 |
| Shares Outstanding | 55.9 million (basic, 2026 Q3) |
Construction Partners Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $785.7M | $910.7M | $1.30B | $1.56B | $1.82B | $2.81B |
| Cost of Goods Sold | $663.5M | $790.8M | $1.16B | $1.37B | $1.57B | $2.37B |
| Gross Profit | $122.2M | $119.9M | $139.3M | $196.4M | $258.3M | $439.1M |
| Operating Income | $55.2M | $30.1M | $35.4M | $81.9M | $111.2M | $224.8M |
| Pre-Tax Income | $52.5M | $28.5M | $28.3M | $65.4M | $92.1M | $134.5M |
| Income Tax | $12.8M | $8.3M | $6.9M | $16.4M | $23.2M | $32.7M |
| Net Income | $40.3M | $20.2M | $21.4M | $49.0M | $68.9M | $101.8M |
| Diluted EPS | $0.78 | $0.39 | $0.41 | $0.94 | $1.31 | $1.84 |
Construction Partners Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3 | |
|---|---|---|---|---|
| Revenue | $899.8M | $809.5M | $769.2M | $999.4M |
| Net Income | $56.6M | $17.2M | $9.2M | $59.6M |
| Diluted EPS | $1.02 | $0.31 | $0.16 | $1.06 |
Construction Partners Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $148.3M | $57.3M | $35.5M | $48.2M | $74.7M | $156.1M |
| Current Assets | $331.6M | $300.0M | $417.2M | $473.4M | $585.0M | $934.8M |
| Total Assets | $628.1M | $806.6M | $1.10B | $1.22B | $1.54B | $3.24B |
| Current Liabilities | $135.8M | $158.0M | $226.1M | $279.2M | $380.5M | $582.0M |
| Total Long-Term Debt | $92.1M | $216.2M | $375.6M | $375.7M | $513.5M | $1.61B |
| Total Liabilities | $242.9M | $397.7M | $639.6M | $703.1M | $968.4M | $2.33B |
| Shareholders' Equity | $385.2M | $408.9M | $455.9M | $516.6M | $573.7M | $912.0M |
Construction Partners Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $105.2M | $48.5M | $16.5M | $157.2M | $209.1M | $291.3M |
| Cash From Investing | -$79.4M | -$263.4M | -$197.3M | -$143.4M | -$307.6M | -$1.28B |
| Cash From Financing | $41.9M | $123.8M | $159.1M | -$264,000 | $126.1M | $1.07B |
| Free Cash Flow | $52.6M | -$7.8M | -$52.4M | $59.3M | $121.1M | $153.4M |
Figures from Construction Partners' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Construction Partners financials page for every line item.
Construction Partners Company Profile
| Ticker | ROAD |
|---|---|
| Exchange | Nasdaq |
| Industry | Heavy Construction Other Than Bldg Const - Contractors |
| Headquarters | Dothan, Alabama |
| Incorporated in | Delaware |
| Fiscal Year End | September 30 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001718227 |
Frequently Asked Questions
What was Construction Partners' revenue in fiscal 2025?
Construction Partners (ROAD) reported revenue of $2.81B for fiscal 2025.
What is Construction Partners' annual revenue history?
Construction Partners' annual revenue by fiscal year: 2020: $785.7M; 2021: $910.7M; 2022: $1.30B; 2023: $1.56B; 2024: $1.82B; 2025: $2.81B.
What was Construction Partners' net income in fiscal 2025?
Construction Partners reported net income of $101.8M for fiscal 2025.
What was Construction Partners' earnings per share (EPS) in fiscal 2025?
Construction Partners' diluted EPS was $1.84 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Construction Partners generate in fiscal 2025?
Construction Partners generated $153.4M of free cash flow in fiscal 2025.
What was Construction Partners' revenue last quarter?
In its most recent reported quarter (2026 Q3), Construction Partners reported revenue of $999.4M.
How much debt does Construction Partners have?
Construction Partners reported $1.61B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Construction Partners are outstanding?
Construction Partners reported a weighted average of 55.9 million basic shares outstanding in 2026 Q3.
What is Construction Partners' market cap?
Based on its latest closing price, Construction Partners (ROAD) has a market capitalization of about $4.86B.
When does Construction Partners' fiscal year end?
Construction Partners' fiscal year end, as registered with the SEC, is September 30.
Where is Construction Partners headquartered?
Construction Partners lists its business address in Dothan, Alabama in its SEC filings.
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