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Construction Partners Inc

Company price
83.245 USD 6.07 ( 7.86%)
Last update at 2026-11-09T15:47:00Z
VOLUME
201198
Market Cap
3210.85M
P/E
51.95

Momentum Score

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Construction Partners, Inc., a civil infrastructure company, constructs and maintains roadways in Alabama, Florida, Georgia, North Carolina, South Carolina, and Tennessee. The company provides various products and services to public and private infrastructure projects, such as highways, roads, bridges, airports, and commercial and residential developments. It also engages in manufacturing and distributing hot mix asphalt (HMA) for internal use and sales to third parties in connection with construction projects; and paving activities, including the construction of roadway base layers and application of asphalt pavement. In addition, the company is involved in site development, including the installation of utility and drainage systems; mining aggregates, such as sand, gravel, and construction stones that are used as raw materials in the production of HMA; and distributing liquid asphalt cement for internal use and sales to third parties in connection with HMA production. The company was formerly known as SunTx CPI Growth Company, Inc. and changed its name to Construction Partners, Inc. in September 2017. Construction Partners, Inc. was incorporated in 2007 and is headquartered in Dothan, Alabama.

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Day Price Range
79.03
Low
83.71
High
52 Week Price Range
27.41
Low
62.35
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Construction Partners, Inc. provides heavy civil construction, asphalt paving and road maintenance services to public and private customers in regional U.S. markets. Long-term growth may be supported by public infrastructure spending, recurring maintenance demand and selective acquisitions, and the company appears positioned to convert backlog into revenue through local scale.

The most important investment risks are sensitivity to public spending cycles, volatility in asphalt and labor costs, execution and margin pressure on contracts and competitive bidding that could reduce backlog and profitability.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
77.18
Dividend Yield
-
Revenue TTM
1664.85M
Revenue Per Share
32.10
Gross Profit TTM
139.30M
Debt / Equity
0.76
ROE
12.54%
Net Debt
342.48M
ROCE
7.48%
Diluted EPS TTM
1.17

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-09-30 2022-09-30 2021-09-30 2020-09-30 2019-09-30
Type yearly yearly yearly yearly yearly
Date 2023-09-30 2022-09-30 2021-09-30 2020-09-30 2019-09-30
Income before tax 65.40M 28.31M 28.52M 52.45M 55.69M
Net income 49.00M 21.38M 20.18M 40.30M 43.12M
Selling general administrative 126.95M 107.56M 91.88M 68.60M 62.72M
Gross profit 196.38M 139.30M 119.94M 122.21M 117.95M
Reconciled depreciation 79.10M 65.73M 49.81M 39.30M 31.23M
Ebit 70.31M 35.41M 30.10M 55.23M 57.14M
Ebitda 149.41M 98.07M 78.68M 93.25M 86.88M
Depreciation and amortization 79.10M 62.66M 48.58M 38.02M 29.74M
Non operating income net other - 0.58M 0.83M 0.27M 0.92M
Operating income 81.88M 35.41M 30.10M 55.23M 57.14M
Other operating expenses 1494.11M 1269.93M 882.68M 732.06M 728.01M
Interest expense 17.35M 7.70M 2.40M 3.11M 1.86M
Tax provision 16.40M 6.92M 8.35M 12.76M 13.91M
Interest income - - - - 1.86M
Net interest income -17.35M -7.70M -2.40M -3.11M -1.86M
Non recurring - -3.67M -2.04M -1.62M -1.91M
Income tax expense 16.40M 6.92M 8.35M 12.76M 13.91M
Total revenue 1563.55M 1301.67M 910.74M 785.68M 783.24M
Total operating expenses 126.95M 107.56M 91.88M 68.60M 62.72M
Cost of revenue 1367.16M 1162.37M 790.80M 663.47M 665.28M
Total other income expense net 13.31M -7.10M -1.58M -2.78M -1.45M
Net income from continuing ops 49.00M 21.38M 20.18M 39.69M 43.12M
Net income applicable to common shares - 21.38M 20.18M 40.30M 43.12M
Breakdown 2023-09-30 2022-09-30 2021-09-30 2020-09-30 2019-09-30
Type yearly yearly yearly yearly yearly
Date 2023-09-30 2022-09-30 2021-09-30 2020-09-30 2019-09-30
Total assets 1219.66M 1095.52M 806.62M 628.11M 531.77M
Intangible assets 19.52M 15.98M 4.16M 3.22M 3.43M
Other current assets 5.03M 5.74M 2.35M 1.43M 2.40M
Total liab 703.09M 639.64M 397.72M 242.92M 188.22M
Total stockholder equity 516.57M 455.88M 408.90M 385.19M 343.55M
Deferred long term liab - 26.71M 17.36M 14.00M 11.48M
Other current liab 31.53M 28.48M 26.46M 22.35M 19.08M
Common stock 0.06M 0.06M 0.06M 0.06M 0.06M
Capital stock 0.06M 0.06M 0.06M 0.06M 0.06M
Retained earnings 246.28M 197.27M 175.90M 155.72M 115.65M
Other liab - 38.38M 28.28M 20.77M 17.28M
Good will 159.27M 129.47M 85.42M 46.35M 38.55M
Other assets - 12.69M 5.53M 2.17M 3.46M
Cash 48.24M 35.53M 57.25M 148.32M 80.62M
Total current liabilities 279.18M 226.14M 157.96M 135.83M 128.17M
Current deferred revenue 78.91M 52.48M 33.72M 33.70M 31.11M
Net debt 342.48M 354.30M 165.62M -48.66M -30.62M
Short term debt 17.34M 14.71M 11.39M 15.05M 7.54M
Short long term debt 15.00M 12.50M 10.00M 13.00M 7.54M
Short long term debt total 390.73M 389.83M 222.87M 99.65M 50.00M
Other stockholder equity 251.55M 240.93M 232.97M 229.42M 227.85M
Property plant equipment - 495.40M 411.37M 237.23M 205.87M
Total current assets 473.42M 417.19M 300.03M 331.56M 279.97M
Long term investments 0.09M 0.09M 0.11M 0.20M 0.50M
Net tangible assets - 310.44M 319.31M 335.62M 301.57M
Net receivables 331.00M 294.48M 181.19M 139.64M 151.91M
Long term debt 360.74M 363.07M 206.18M 79.05M 42.46M
Inventory 84.04M 74.19M 53.79M 38.56M 34.29M
Accounts payable 151.41M 130.47M 86.39M 64.73M 70.44M
Accumulated other comprehensive income 18.69M 17.62M -0.02M -209.53M -177.93M
Common stock total equity - 0.06M 0.06M 0.06M 0.06M
Retained earnings total equity - 197.27M 175.90M 155.72M 115.65M
Treasury stock - -15.64M -15.60M -15.60M -15.60M
Non currrent assets other 10.66M 10.69M -11.83M 1.78M 2.28M
Non current assets total 746.24M 678.33M 506.59M 296.55M 251.80M
Capital lease obligations 14.99M 14.27M 6.70M 7.60M -
Long term debt total - 363.07M 206.18M 79.05M 42.46M
Breakdown 2023-09-30 2022-09-30 2021-09-30 2020-09-30 2019-09-30
Type yearly yearly yearly yearly yearly
Date 2023-09-30 2022-09-30 2021-09-30 2020-09-30 2019-09-30
Investments -143.37M -197.33M -263.41M 0.36M 2.50M
Change to liabilities - 56.95M 20.22M -1.97M 2.24M
Total cashflows from investing activities - -197.33M -263.41M -79.36M -60.23M
Net borrowings - 159.18M 123.85M 41.89M -13.00M
Total cash from financing activities -0.26M 159.14M 123.85M 41.89M -13.57M
Change to operating activities - -16.09M 1.31M 12.34M 11.34M
Net income 49.00M 21.38M 20.18M 40.30M 43.12M
Change in cash 13.52M -21.69M -91.06M 67.70M -18.52M
Begin period cash flow 35.56M 57.25M 148.32M 80.62M 99.14M
End period cash flow 49.08M 35.56M 57.25M 148.32M 80.62M
Total cash from operating activities 157.16M 16.50M 48.50M 105.17M 55.27M
Issuance of capital stock - - 0.00M 0.00M 0.00M
Depreciation 79.10M 65.73M 45.43M 40.23M 28.98M
Other cashflows from investing activities - -7.43M -207.08M -27.15M -20.25M
Dividends paid - - - - 13.57M
Change to inventory -7.32M -17.51M -3.93M -1.18M -8.83M
Change to account receivables -25.96M -97.08M -27.07M 7.41M -20.59M
Sale purchase of stock -0.14M -0.04M 0.00M 0.00M -0.57M
Other cashflows from financing activities 103.00M 167.30M 219.20M 72.30M 13.57M
Change to netincome - 9.03M 2.87M 5.80M 1.70M
Capital expenditures 97.81M 68.85M 56.33M 52.57M 42.48M
Cash flows other operating - -93.43M -46.90M 22.76M 32.26M
Cash and cash equivalents changes - -21.69M -91.06M 67.70M -18.52M
Change in working capital 18.70M -79.85M -24.63M 19.60M -20.89M
Stock based compensation 10.76M 8.00M 3.55M 1.57M 0.96M
Other non cash items -11.57M -4.72M 0.23M 0.17M 0.11M
Free cash flow 59.35M -52.35M -7.83M 52.60M 12.79M

Peer Comparison*

Sector: Industrials Industry: Engineering & Construction

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
ROAD
Construction Partners Inc
6.07
7.86%
83.25 51.95 41.49 1.82 5.65 2.06 19.07
VCISF
VINCI SA
0.65
0.52%
125.15 14.66 12.94 1.06 2.37 1.40 8.24
VCISY
Vinci SA ADR
0.80
2.59%
31.73 14.51 12.97 1.07 2.38 1.40 8.26
FIX
Comfort Systems USA Inc
74.13
7.29%
1091.63 57.81 47.39 6.47 24.14 6.44 40.64
FER
Ferrovial N.V.
1.88
3.20%
60.59 56.50 38.76 3.96 5.93 4.13 19.50

Profile*

Construction Partners Inc

Construction Partners, Inc., a civil infrastructure company, constructs and maintains roadways in Alabama, Florida, Georgia, North Carolina, South Carolina, and Tennessee. The company provides various products and services to public and private infrastructure projects, such as highways, roads, bridges, airports, and commercial and residential developments. It also engages in manufacturing and distributing hot mix asphalt (HMA) for internal use and sales to third parties in connection with construction projects; and paving activities, including the construction of roadway base layers and application of asphalt pavement. In addition, the company is involved in site development, including the installation of utility and drainage systems; mining aggregates, such as sand, gravel, and construction stones that are used as raw materials in the production of HMA; and distributing liquid asphalt cement for internal use and sales to third parties in connection with HMA production. The company was formerly known as SunTx CPI Growth Company, Inc. and changed its name to Construction Partners, Inc. in September 2017. Construction Partners, Inc. was incorporated in 2007 and is headquartered in Dothan, Alabama.

290 Healthwest Drive, Dothan, AL, United States, 36303

334 673 9763

1146

Name Title Year Born
Mr. Fred Julius Smith III Pres, CEO & Director 1970
Mr. R. Alan Palmer Exec. VP & CFO 1953
Mr. Michael Brett Armstrong Sr. VP 1962
Mr. Robert P. Flowers Sr. VP 1960
Mr. John L. Harper Sr. VP 1965
Mr. Ned Nelson Fleming III Exec. Chairman 1960
Mr. Todd K. Andrews Chief Accounting Officer 1963
Mr. Judson Ryan Brooks Sr. VP of Legal 1989
Mr. John A. Walker Sr. VP 1957
Will Pedersen Pres of Riverworks, Inc. NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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