Construction Partners, Inc.
ROAD Nasdaq· Heavy Construction Other Than Bldg Const - Contractors
Last close · Oct 23, 2026
$83.04
KIRA · Stoqly’s AI analyst, in plain words
- Construction Partners, Inc. had $2.8B of revenue in fiscal 2025, up 54.2% on the year before. Over five years, revenue changed +29.1% a year on average.
- Its operating margin was 8.0%, up 1.9 pts: of every 100 in sales, about 8 is left after running the business.
- Construction Partners, Inc. made $102M of net profit in fiscal 2025. From fiscal 2017 to 2025, diluted EPS grew 14.3% a year.
- Free cash flow was $153M in fiscal 2025, 5.5% of revenue.
- Construction Partners, Inc. returned $23.5M to shareholders in fiscal 2025, 15% of free cash flow. The diluted share count rose 5.3%.
- Construction Partners, Inc. owes $1.5B more than it holds in cash, about 4.0 years of operating profit.
Market cap
$4.7B
P/E
32.4x
Revenue
$2.8B
Net income
$102M
Free cash flow
$153M
Operating margin
8.0%
Construction Partners, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+54.2%
Yes. Sales grew 54.2% last year.
Does it make a profit?
3.6%
A little. It keeps 3.6% of every sale as profit.
Does profit turn into cash?
5.5%
Partly. 5.5% of sales ends up as free cash.
Is debt under control?
4.0x
Heavy. Repaying its debt would take 4.0 years of operating profit.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
How is the share priced?
32.4x
One share costs 32.4 times its yearly profit per share.
What Construction Partners, Inc. does
No business description yet.
- Fiscal year ends
- September 30, 2025
- Latest annual report
- 10-K · Nov 25, 2025
- Legal name
- Construction Partners, Inc.
- CIK
- 0001718227
Construction Partners, Inc. · ROAD
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $911M | $1.3B | $1.6B | $1.8B | $2.8B |
| Revenue growth | 15.9% | 42.9% | 20.1% | 16.7% | 54.2% |
| Net interest income | −$2.4M | −$7.7M | −$17.3M | — | — |
| Gross margin | 13.2% | 10.7% | 12.6% | 14.2% | 15.6% |
| Operating margin | 3.3% | 2.7% | 5.2% | 6.1% | 8.0% |
| Net income | $20.2M | $21.4M | $49.0M | $68.9M | $102M |
| Net margin | 2.2% | 1.6% | 3.1% | 3.8% | 3.6% |
| Diluted EPS | $0.39 | $0.41 | $0.94 | $1.31 | $1.84 |
| Cash | |||||
| Cash from operations | $48.5M | $16.5M | $157M | $209M | $291M |
| Capital expenditure | $56.3M | $68.9M | $97.8M | $87.9M | $138M |
| Free cash flow | −$7.8M | −$52.4M | $59.3M | $121M | $153M |
| FCF margin | −0.9% | −4.0% | 3.8% | 6.6% | 5.5% |
| Share buybacks | $0.0M | $0.0M | $0.1M | $11.3M | $23.5M |
| Share count change | 0.3% | 0.4% | 0.6% | 0.6% | 5.3% |
| Debt and strength | |||||
| Cash and short-term investments | $57.3M | $35.5M | $48.2M | $74.7M | $156M |
| Debt incl. finance leases | $218M | $377M | $376M | $515M | $1.6B |
| Shareholders' equity | $409M | $456M | $517M | $574M | $912M |
| Net debt / EBITDA | 2.0x | 3.4x | 2.2x | 2.3x | 4.0x |
| Current ratio | 1.9x | 1.8x | 1.7x | 1.5x | 1.6x |
| Interest coverage | 23.2x | — | 4.7x | 5.8x | 2.5x |
| Returns and quality | |||||
| Return on capital | 3.7% | 3.4% | 7.3% | 8.2% | 7.1% |
| Return on equity | 5.0% | 4.9% | 10.1% | 12.6% | 13.7% |
| Return on tangible equity | 6.3% | 6.9% | 14.5% | 21.4% | — |
| Piotroski F-score | 3 | 3 | 7 | 5 | 5 |
| Altman Z'' | 3.2 | 2.7 | 2.9 | 2.6 | 2.0 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Construction Partners, Inc. · ROAD
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $83.04 a share, the company is worth $4.7B: 32.4 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001718227). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.