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CONSTRUCTION PARTNERS, INC.

CIK: 1718227 SIC: 1600
$3.06B
Revenue
$122.04M
Net Income
15.82%
Gross Margin
8.54%
Op. Margin
$228.54M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 8 of 8 annual reports available (2018 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Sep 30, 2025)
FY 2024
(Sep 30, 2024)
FY 2023
(Sep 30, 2023)
FY 2022
(Sep 30, 2022)
FY 2021
(Sep 30, 2021)
FY 2020
(Sep 30, 2020)
FY 2019
(Sep 30, 2019)
FY 2018
(Sep 30, 2018)
+ Total Revenue $3.06B $2.81B $1.82B $1.56B $1.30B $910.74M $785.68M $783.24M $680.10M
Revenue Growth % 8.8% 54.2% 16.7% 20.1% 42.9% 15.9% 0.3% 15.2% nan%
Cost of Revenue $2.58B $2.37B $1.57B $1.37B $1.16B $790.80M $663.47M $665.28M $580.56M
+ Gross Profit $484.02M $439.09M $258.25M $196.38M $139.30M $119.94M $122.21M $117.95M $99.54M
Gross Margin % 15.8% 15.6% 14.2% 12.6% 10.7% 13.2% 15.6% 15.1% 14.6%
+ Operating Income $261.41M $224.81M $111.24M $81.88M $35.41M $30.10M $55.23M $57.14M $61.43M
Operating Margin % 8.5% 8.0% 6.1% 5.2% 2.7% 3.3% 7.0% 7.3% 9.0%
Interest Expense $142.73M $80.58M $21.68M $19.16M $9.29M $3.20M $2.04M $2.64M $2.34M
Other Income/Expense $-588.00K $86.00K $-70.00K $875.00K $600.00K $819.00K $-336.00K $-416.00K $101.00K
Income Before Tax $161.23M $134.54M $92.10M $65.40M $28.31M $28.52M $52.45M $55.69M $60.06M
Income Tax Expense $39.17M $32.75M $23.16M $16.40M $6.92M $8.35M $12.76M $13.91M $10.53M
+ Net Income $122.04M $101.78M $68.94M $49.00M $21.38M $20.18M $40.30M $43.12M $50.79M
Net Margin % 4.0% 3.6% 3.8% 3.1% 1.6% 2.2% 5.1% 5.5% 7.5%
Basic EPS 2.22 1.85 1.33 0.95 0.41 0.39 0.78 0.84 1.11
Diluted EPS 2.20 1.84 1.31 0.94 0.41 0.39 0.78 0.84 1.11
Basic Shares Outstanding 55.8M 54.9M 51.9M 51.8M 51.8M 51.6M 51.5M 51.4M 45.6M
Diluted Shares Outstanding 56.0M 55.4M 52.6M 52.3M 52.0M 51.8M 51.6M 51.4M 45.9M
Breakdown FY 2025
(Sep 30, 2025)
FY 2024
(Sep 30, 2024)
FY 2023
(Sep 30, 2023)
FY 2022
(Sep 30, 2022)
FY 2021
(Sep 30, 2021)
FY 2020
(Sep 30, 2020)
FY 2019
(Sep 30, 2019)
FY 2018
(Sep 30, 2018)
Cash & Cash Equivalents $156.06M $74.69M $48.24M $35.53M $57.25M $148.32M $80.62M $99.14M
Inventory $155.13M $106.70M $84.04M $74.19M $53.79M $38.56M $34.29M $24.56M
Other Current Assets $25.46M $24.84M $9.31M $12.96M $7.79M $5.04M $13.14M $14.14M
Total Current Assets $934.83M $585.01M $473.42M $417.19M $300.03M $331.56M $279.97M $267.45M
Property Plant & Equipment $1.15B $629.92M $505.10M $481.41M $404.83M $237.23M $205.87M $178.69M
Goodwill $943.31M $231.66M $159.27M $129.47M $85.42M $46.35M $38.55M $32.92M
Intangible Assets $79.23M $20.55M $19.52M $15.98M $4.16M $3.22M $3.43M $3.73M
Other Non-current Assets $28.81M $17.96M $32.70M $30.54M $5.53M $1.78M $2.28M $10.27M
Total Assets $3.24B $1.54B $1.22B $1.10B $806.62M $628.11M $531.77M $496.31M
Accounts Payable $284.22M $182.57M $151.41M $130.47M $86.39M $64.73M $70.44M $63.51M
Deferred Revenue $129.30M $120.06M $78.91M $52.48M $33.72M $33.70M $31.11M $38.74M
Total Current Liabilities $582.05M $380.45M $279.18M $226.14M $157.96M $135.83M $128.17M $134.54M
Long-term Debt $1.57B $486.96M $360.74M $363.07M $206.18M $79.05M $42.46M $48.12M
Deferred Tax Liabilities $80.08M $53.85M $37.12M $26.71M $17.36M $14.00M $11.48M $8.89M
Other Non-current Liabilities $33.95M $16.47M $13.40M $11.67M $10.92M $8.48M $6.11M $5.29M
Total Liabilities $2.33B $968.39M $703.09M $639.64M $397.72M $242.92M $188.22M $196.84M
Common Stock - - - - - - - -
Retained Earnings $416.99M $315.21M $246.28M $197.27M $175.90M $155.72M $115.65M $72.53M
Treasury Stock - - - - $15.60M $15.60M $15.60M $15.60M
Total Stockholders Equity $911.96M $573.74M $516.57M $455.88M $408.90M $385.19M $343.55M $299.47M
Total Liabilities & Equity $3.24B $1.54B $1.22B $1.10B $806.62M $628.11M $531.77M $496.31M
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Sep 30, 2025)
FY 2024
(Sep 30, 2024)
FY 2023
(Sep 30, 2023)
FY 2022
(Sep 30, 2022)
FY 2021
(Sep 30, 2021)
FY 2020
(Sep 30, 2020)
FY 2019
(Sep 30, 2019)
FY 2018
(Sep 30, 2018)
Net Income $123.20M $101.78M $68.94M $49.00M $21.38M $20.18M $40.30M $43.12M $50.79M
Depreciation & Amortization - - - - $65.73M $49.81M $39.30M $31.23M $25.32M
Stock-based Compensation $70.77M $37.01M $14.41M $10.76M $8.00M $3.55M $1.57M $957.00K $975.00K
Deferred Income Tax $25.19M $27.46M $22.68M $11.16M $5.97M $3.75M $3.31M $3.00M $-481.00K
Change in Inventory $12.87M $5.15M $15.48M $7.32M $17.51M $3.93M $1.18M $8.83M $2.75M
Change in Payables $-55.07M $47.47M $13.43M $17.22M $41.32M $20.20M $-5.71M $6.93M $7.46M
Operating Cash Flow $470.17M $291.30M $209.08M $157.16M $16.50M $48.50M $105.17M $55.27M $66.12M
Capital Expenditure $241.63M $137.93M $87.93M $97.81M $68.85M $56.33M $52.57M $42.48M $42.80M
Acquisitions $2.20B $1.16B $231.78M $91.79M $128.57M $210.73M $30.19M $13.85M $51.32M
Investing Cash Flow $-2.42B $-1.28B $-307.58M $-143.37M $-197.33M $-263.41M $-79.36M $-60.23M $-89.59M
Debt Repayment $292.58M $147.35M $72.81M $103.12M $8.12M $95.35M $30.41M $13.00M $12.36M
Stock Issued - - - - - - - - $98.01M
Stock Repurchased - $23.54M $11.31M $139.00K $39.00K - - - -
Dividends Paid - - - - - - - - -
Financing Cash Flow $2.00B $1.07B $126.11M $-264.00K $159.14M $123.85M $41.89M $-13.57M $95.06M
Net Change in Cash $54.41M $82.33M $27.60M $13.52M $-21.69M $-91.06M $67.70M $-18.52M $71.59M
SEC Filing Format - Data shown as it appears in the Q1 2026 (10-Q) filing Period ended: Dec 31, 2025
Condensed Consolidated Statements of Operations
Description Dec 31, 2025
Current Prior Year
Total Revenue $809.47M $561.58M
Cost of Revenue $687.97M $485.01M
Gross Profit $121.50M $76.57M
Operating Income $50.41M $13.81M
Interest Expense $26.36M $15.05M
Other Income/Expense $-253.00K $421.00K
Income Before Tax $22.79M $-3.90M
Income Tax Expense $5.58M $-849.00K
Net Income $17.20M $-3.05M
Basic EPS 0.31 -0.06
Diluted EPS 0.31 -0.06
Condensed Consolidated Balance Sheets
Description Dec 31, 2025 Sep 30, 2025
Cash & Cash Equivalents $104.09M $156.06M
Inventory $170.02M $155.13M
Other Current Assets $40.05M $25.46M
Total Current Assets $809.12M $934.83M
Property Plant & Equipment $1.25B $1.15B
Goodwill $1.08B $943.31M
Intangible Assets $78.44M $79.23M
Other Non-current Assets $25.20M $28.81M
Total Assets $3.36B $3.24B
Accounts Payable $221.20M $284.22M
Deferred Revenue $146.44M $129.30M
Total Current Liabilities $508.23M $582.05M
Long-term Debt $1.70B $1.57B
Deferred Tax Liabilities $78.93M $80.08M
Other Non-current Liabilities $27.40M $33.95M
Total Liabilities $2.39B $2.33B
Retained Earnings $434.20M $416.99M
Total Stockholders Equity $969.15M $911.96M
Total Liabilities & Equity $3.36B $3.24B
Condensed Consolidated Statements of Cash Flows
Description Dec 31, 2025
Current Prior Year
Net Income $17.20M $-3.05M
Stock-based Compensation $14.88M $14.40M
Deferred Income Tax $-789.00K $-1.41M
Change in Inventory $3.33M $10.43M
Change in Payables $-74.94M $-47.49M
Operating Cash Flow $82.57M $40.66M
Capital Expenditure $35.47M $26.83M
Acquisitions $215.10M $654.20M
Investing Cash Flow $-242.85M $-679.03M
Debt Repayment $9.62M $128.16M
Stock Repurchased $22.42M $12.08M
Financing Cash Flow $105.46M $694.75M
Net Change in Cash $-54.83M $56.38M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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