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Home›ROAD›Financials
Annual statements · SEC XBRL · FY2017 – FY2025

Construction Partners, Inc. (ROAD) financials

Income statement

Construction Partners, Inc. (ROAD) income statement, annual, from SEC filings
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$568M$680M$783M$786M$911M$1.30B$1.56B$1.82B$2.81B
Revenue growth—19.7%15.2%0.3%15.9%42.9%20.1%16.7%54.2%
Gross profit$91.0M$99.5M$118M$122M$120M$139M$196M$258M$439M
Gross margin16.0%14.6%15.1%15.6%13.2%10.7%12.6%14.2%15.6%
Operating income$46.6M$61.4M$57.1M$55.2M$30.1M$35.4M$81.9M$111M$225M
Operating margin8.2%9.0%7.3%7.0%3.3%2.7%5.2%6.1%8.0%
Net income$26.0M$50.8M$43.1M$40.3M$20.2M$21.4M$49.0M$68.9M$102M
Net margin4.6%7.5%5.5%5.1%2.2%1.6%3.1%3.8%3.6%
EPS (diluted)$0.63$1.11$0.84$0.78$0.39$0.41$0.94$1.31$1.84

Cash flow

Construction Partners, Inc. (ROAD) cash flow, annual, from SEC filings
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$46.9M$66.1M$55.3M$105M$48.5M$16.5M$157M$209M$291M
Capital expenditures$24.4M$42.8M$42.5M$52.6M$56.3M$68.9M$97.8M$87.9M$138M
Free cash flow$22.5M$23.3M$12.8M$52.6M-$7.83M-$52.4M$59.3M$121M$153M
Share buybacks———$0.00$0.00$39.0K$139K$11.3M$23.5M
Dividends paid$31.3M$0.00———————

Balance sheet

Construction Partners, Inc. (ROAD) balance sheet, annual, from SEC filings
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$27.5M$99.1M$80.6M$148M$57.3M$35.5M$48.2M$74.7M$156M
Total assets$329M$496M$532M$628M$807M$1.10B$1.22B$1.54B$3.24B
Total liabilities$176M$197M$188M$243M$398M$640M$703M$968M$2.33B
Long-term debt$47.1M$48.1M$42.5M$79.1M$206M$363M$361M$487M$1.57B
Shareholders' equity$152M$299M$344M$401M$409M$456M$517M$574M$912M
Retained earnings$21.7M$72.5M$116M$156M$176M$197M$246M$315M$417M
Shares (wtd avg diluted)41.6M45.9M51.4M51.6M51.8M52.0M52.3M52.6M55.4M

Every figure is extracted from Construction Partners, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Construction Partners, Inc.'s annual revenue?
Construction Partners, Inc. (ROAD) reported $2.81B of revenue for fiscal year 2025 — up 54.2% from $1.82B in FY2024, per its annual report filed with the SEC.
Is Construction Partners, Inc. profitable?
Yes — ROAD earned $102M of net income in FY2025, a 3.6% net margin, per SEC filings.
What is Construction Partners, Inc.'s free cash flow?
$153M in FY2025 (operating cash flow $291M minus $138M of capital expenditures), from the SEC cash-flow statement.
Does ROAD pay a dividend?
Construction Partners, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full ROAD analysis — verdict, score & filings →Is ROAD a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.