Earnings summaries and quarterly performance for Construction Partners.
Executive leadership at Construction Partners.
Fred J. (Jule) Smith, III
Detailed
President and Chief Executive Officer
CEO
Gregory A. Hoffman
Detailed
Senior Vice President and Chief Financial Officer
J. Ryan Brooks
Detailed
Senior Vice President and General Counsel
N. Nelson Fleming, IV
Detailed
Senior Vice President, Strategy and Business Development
Robert G. Baugnon
Detailed
Senior Vice President, Personnel and Administration
Board of directors at Construction Partners.
Research analysts who have asked questions during Construction Partners earnings calls.
Adam Thalhimer
Thompson, Davis & Company, Inc.
6 questions for ROAD
Also covers: ACM, AZZ, CX +17 more
Kathryn Thompson
Thompson Research Group
5 questions for ROAD
Also covers: AMWD, APG, AWI +13 more
Michael Feniger
Bank of America
5 questions for ROAD
Also covers: ACM, AGCO, CAT +11 more
Tyler Brown
Raymond James Financial, Inc.
4 questions for ROAD
Also covers: CLH, CWST, MLM +7 more
Andrew J. Wittmann
Robert W. Baird & Co.
3 questions for ROAD
Also covers: ABM, ACM, APG +17 more
Brent Thielman
D.A. Davidson
2 questions for ROAD
Also covers: AAON, ACA, APOG +27 more
John Felicis
DA Davison
2 questions for ROAD
Brian Biros
Stephens Inc.
1 question for ROAD
Also covers: AWI, BECN, BLDR +7 more
Gene Ramirez
D.A. Davidson & Co.
1 question for ROAD
Also covers: DY
Jean Paul Ramirez
D.A. Davidson & Co.
1 question for ROAD
Also covers: BBCP, DY, GVA +5 more
Patrick Brown
Raymond James
1 question for ROAD
Also covers: BLX, CLH, CWST +8 more
Recent press releases and 8-K filings for ROAD.
Construction Partners Reports Strong FY 2025 Results and Outlines Ambitious Road 2030 Growth Plan
ROAD
Earnings
Guidance Update
M&A
- Construction Partners reported fiscal year 2025 revenue of $2.812 billion, a 54% increase year-over-year, driven by 8.4% organic growth and 45.6% acquisitive growth. Adjusted EBITDA for FY 2025 increased 92% to $423.7 million, achieving a 15% Adjusted EBITDA margin.
- The company ended FY 2025 with a record project backlog of $3 billion and provided fiscal year 2026 guidance projecting revenue between $3.4 billion and $3.5 billion and Adjusted EBITDA of $520 million to $540 million.
- Construction Partners introduced its "Road 2030" strategic plan, aiming to double revenue to over $6 billion by 2030 and expand EBITDA margins to 17% by the end of the period, projecting Adjusted EBITDA to exceed $1 billion by 2030.
- The company continued its M&A strategy with significant acquisitions in FY 2025 and early FY 2026, including expanding into Texas, Oklahoma, Tennessee, and Florida, while targeting a reduction in its debt-to-trailing 12-month EBITDA ratio to approximately 2.5 times by late 2026.
Nov 20, 2025, 3:00 PM
Construction Partners Reports Strong FY 2025 Results and Issues FY 2026 Guidance
ROAD
Earnings
Guidance Update
M&A
- Construction Partners reported strong fiscal year 2025 results, with revenue increasing 54% to $2.812 billion and Adjusted EBITDA growing 92% to $423.7 million, achieving a 15% Adjusted EBITDA margin.
- The company provided fiscal year 2026 guidance, projecting revenue between $3.4 billion and $3.5 billion and Adjusted EBITDA between $520 million and $540 million, with an Adjusted EBITDA margin of 15.3%-15.4%.
- Strategic acquisitions in fiscal year 2025, including entries into Texas, Oklahoma, and Tennessee, contributed significantly to growth, with further acquisitions completed in October 2025.
- Construction Partners ended fiscal year 2025 with a record project backlog of $3 billion and aims to reduce its debt-to-trailing 12-month EBITDA ratio to approximately 2.5 times by late 2026.
- The company unveiled its "Road 2030" strategic plan, targeting to double revenue to over $6 billion by 2030 and expand EBITDA margins to 17% by the end of the plan period.
Nov 20, 2025, 3:00 PM
Construction Partners Reports Strong FY 2025 Results and Outlines Ambitious Road 2030 Growth Plan
ROAD
Earnings
Guidance Update
M&A
- Construction Partners reported a 54% increase in total revenue to $2.812 billion and a 92% increase in Adjusted EBITDA to $423.7 million for fiscal year 2025, achieving a record EBITDA margin of 15%.
- The company completed five acquisitions in fiscal year 2025, entering Texas, Oklahoma, and Tennessee, and continued strategic expansion in October 2025 with acquisitions in Florida and Houston, significantly growing its market share.
- Construction Partners introduced its "Road 2030" strategic plan, targeting to double the company to over $6 billion in revenue and achieve a 17% EBITDA margin by 2030, with Adjusted EBITDA projected to exceed $1 billion.
- For fiscal year 2026, the company provided guidance including revenue in the range of $3.4 billion-$3.5 billion and Adjusted EBITDA between $520 million-$540 million, with an Adjusted EBITDA margin of 15.3%-15.4%.
- The company ended FY 2025 with a record project backlog of $3 billion and aims to reduce its debt-to-trailing 12-month EBITDA ratio from 3.1 times to approximately 2.5 times by late 2026.
Nov 20, 2025, 3:00 PM
Construction Partners, Inc. Announces Fiscal 2025 Fourth Quarter and Full Year Results and Provides Fiscal 2026 Outlook
ROAD
Earnings
Guidance Update
M&A
- Construction Partners, Inc. reported fiscal year 2025 revenue of $2.812 billion, a 54% increase compared to fiscal year 2024, with net income rising 48% to $101.8 million and Adjusted EBITDA increasing 92% to $423.7 million.
- The company achieved a record project backlog of approximately $3.03 billion at September 30, 2025.
- In fiscal year 2025, Construction Partners, Inc. completed five strategic acquisitions, expanding into Texas and Oklahoma and strengthening its presence in Tennessee and Alabama. Two additional acquisitions were completed in October 2025, entering the Daytona Beach market in Florida and significantly expanding operations in Houston, Texas.
- For fiscal year 2026, the company anticipates revenue in the range of $3.400 billion to $3.500 billion, net income between $150.0 million and $155.0 million, and Adjusted EBITDA between $520.0 million and $540.0 million.
Nov 20, 2025, 1:34 PM
Construction Partners Unveils "Road 2030" Five-Year Growth Plan
ROAD
Guidance Update
New Projects/Investments
M&A
- Construction Partners (CPI) announced its "Road 2030" five-year plan, targeting over $6 billion in revenue and over $1 billion in Adjusted EBITDA by 2030.
- The plan projects an Adjusted EBITDA margin of 17% by 2030, with fiscal year 2026 guidance including 26% revenue growth and 25% Adjusted EBITDA growth to $530 million.
- CPI's growth strategy focuses on the Sun Belt region, driven by 7-8% annual organic growth from fiscal 2026 to 2030 and bolt-on acquisitions, leveraging strong infrastructure spending and industry consolidation.
- The company has expanded its operations to 8 states, now managing 109 asphalt plants and 17 quarries, and has recently acquired P&S Paving and Durwood Green to strengthen its market position in Florida and Texas.
Oct 22, 2025, 2:00 PM
Construction Partners Announces Preliminary FY25 Results and FY26 Outlook
ROAD
Earnings
Guidance Update
M&A
- Construction Partners, Inc. announced preliminary fiscal year 2025 financial results, with expected revenue between $2.800 billion and $2.820 billion and Adjusted EBITDA ranging from $421.0 million to $425.0 million.
- The company also provided its fiscal year 2026 outlook, projecting revenue of $3.400 billion to $3.500 billion and Adjusted EBITDA of $520.0 million to $540.0 million.
- In fiscal year 2025, the company achieved 8.4% organic revenue growth, entered two new states, and completed five strategic acquisitions.
- Construction Partners is hosting an Analyst Day on October 22, 2025, to detail its strategic initiatives, growth priorities, and business outlook, including a "ROAD 2030" plan to more than double revenue and Adjusted EBITDA.
Oct 22, 2025, 1:17 PM
Construction Partners Announces Preliminary Fiscal 2025 Results and Fiscal 2026 Outlook
ROAD
Earnings
Guidance Update
M&A
- Construction Partners, Inc. announced preliminary fiscal year 2025 results, with revenue expected between $2.800 billion and $2.820 billion and Adjusted EBITDA between $421.0 million and $425.0 million, reflecting strong operational performance.
- For fiscal year 2026, the company introduced an outlook projecting revenue in the range of $3.400 billion to $3.500 billion and Adjusted EBITDA between $520.0 million and $540.0 million.
- The company's project backlog increased to approximately $3.0 billion as of September 30, 2025, driven by five strategic acquisitions and 8.4% organic revenue growth in fiscal 2025.
Oct 21, 2025, 8:15 PM
Construction Partners Acquires P&S Paving, Expanding Florida Footprint
ROAD
M&A
New Projects/Investments
- Construction Partners, Inc. (CPI) announced on October 20, 2025, the acquisition of P&S Paving, Inc., headquartered in Daytona Beach, Florida.
- The acquisition expands CPI's footprint into Daytona Beach and Florida's East Coast, establishing a foothold in the high-growth Interstate 95 corridor.
- P&S Paving's operations, which include two hot-mix asphalt plants, will be integrated into CPI's C.W. Roberts Contracting, Incorporated platform in Florida.
Oct 20, 2025, 12:00 PM
Suncrete to List on NYSE via Business Combination with Haymaker Acquisition Corp. 4
ROAD
M&A
New Projects/Investments
Delisting/Listing Issues
- SunTx Capital Partners' portfolio company, Suncrete, announced a proposed business combination with Haymaker Acquisition Corp. 4 (NYSE: HYAC) to list on the New York Stock Exchange.
- The transaction is expected to close in the first quarter of 2026, with the combined company to be named Suncrete, Inc. ("PubCo").
- PubCo is anticipated to have a total enterprise value of approximately $972.6 million.
- The deal includes $82.5 million in common stock private placement commitments from institutional investors, intended to fund future acquisitions.
- Suncrete is a ready-mix concrete logistics and distribution platform operating in Oklahoma and Arkansas, with plans for expansion across the high-growth Sunbelt region through organic and acquisitive growth.
Oct 9, 2025, 11:49 PM
Construction Partners Completes Texas Acquisition
ROAD
M&A
New Projects/Investments
- Construction Partners, Inc. (CPI) announced on October 6, 2025, the completion of an acquisition.
- The company acquired eight hot-mix asphalt plants along with related crews and equipment operating throughout the Houston, Texas metro area.
- These assets were purchased from certain affiliates of Vulcan Materials Company.
- The acquired operations will be integrated into CPI's Durwood Greene Construction Co., which was acquired in August 2025, to strengthen CPI's presence and capacity in the Houston asphalt market.
Oct 6, 2025, 1:14 PM
Quarterly earnings call transcripts for Construction Partners.
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