Construction Partners, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.81B | $1.82B | $1.56B | $1.30B | $910.7M | $785.7M | $783.2M | $680.1M |
| Cost of Revenue | $2.37B | $1.57B | $1.37B | $1.16B | $790.8M | $663.5M | $665.3M | $580.6M |
| Gross Profit | $439.1M | $258.3M | $196.4M | $139.3M | $119.9M | $122.2M | $118.0M | $99.5M |
| Gross Margin | 15.6% | 14.2% | 12.6% | 10.7% | 13.2% | 15.6% | 15.1% | 14.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $199.3M | $147.6M | $126.5M | $107.6M | $91.9M | $68.6M | $62.7M | $55.3M |
| Operating Income | $224.8M | $111.2M | $81.9M | $35.4M | $30.1M | $55.2M | $57.1M | $61.4M |
| Operating Margin | 8.0% | 6.1% | 5.2% | 2.7% | 3.3% | 7.0% | 7.3% | 9.0% |
| Interest Expense | — | — | — | — | $1.3M | — | — | — |
| Pretax Income | $134.5M | $92.1M | $65.4M | $28.3M | $28.5M | $52.5M | $55.7M | $60.1M |
| Income Tax Expense | $32.7M | $23.2M | $16.4M | $6.9M | $8.3M | $12.8M | $13.9M | $10.5M |
| Net Income | $101.8M | $68.9M | $49.0M | $21.4M | $20.2M | $40.3M | $43.1M | $50.8M |
| Net Margin | 3.6% | 3.8% | 3.1% | 1.6% | 2.2% | 5.1% | 5.5% | 7.5% |
| EPS (Basic) | $1.85 | $1.33 | $0.95 | $0.41 | $0.39 | $0.78 | $0.84 | $1.11 |
| EPS (Diluted) | $1.84 | $1.31 | $0.94 | $0.41 | $0.39 | $0.78 | $0.84 | $1.11 |
| Shares Outstanding (Basic) | 54.9M | 51.9M | 51.8M | 51.8M | 51.6M | 51.5M | 51.4M | 45.6M |
| Shares Outstanding (Diluted) | 55.4M | 52.6M | 52.3M | 52.0M | 51.8M | 51.6M | 51.4M | 45.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |