Nov 5, 9:10 AM ET
Construction Partners, Inc. (NASDAQ: ROAD) released preliminary fiscal 2026 results showing revenue and net income both up sharply from fiscal 2025, and introduced a fiscal 2027 outlook projecting further growth. The company said fourth-quarter profitability was affected by wet weather and rising diesel fuel costs, and the figures remain unaudited and may change before final results. Separately, it completed the acquisition of Piedmont Paving, Inc. in Georgia on November 4, 2026.
- Preliminary fiscal 2026 revenue of $3.660 billion to $3.680 billion, up about 30% from $2.812 billion; net income of $141.5 million to $142.5 million, up about 40% from $101.8 million.
- Adjusted EBITDA of $520.0 million to $524.0 million, up about 23% from $423.7 million, but Adjusted EBITDA margin of 14.21% to 14.24% compared with 15.1% in fiscal 2025.
- Fiscal 2027 outlook: revenue of $4.175 billion to $4.275 billion, net income of $170.9 million to $180.8 million, and Adjusted EBITDA of $585.0 million to $620.0 million.
- Financial figures are preliminary and unaudited; the company will hold a conference call on November 19, 2026 at 10:00 a.m. Eastern Time.
Read the filing on SEC.gov ↗
Oct 19, 4:16 PM ET
Construction Partners, Inc. announced that it has acquired S.E. Cline Construction, Inc., a site development and underground utility construction company based in Palm Coast, Florida. The acquired operations will become part of its Florida subsidiary, C.W. Roberts Contracting, Incorporated, and bring roughly 60 employees and a permitted asphalt plant site in Bunnell, Florida.
- Acquired S.E. Cline Construction, Inc., a Palm Coast, Florida site development and underground utility company
- Operations include about 60 employees and a rail-served, permitted hot-mix asphalt plant site in Bunnell, Florida
- Cline will join C.W. Roberts Contracting, Inc., extending the company's presence along Florida's Interstate 95 corridor
- The filing does not disclose the purchase price or financial results of the acquired business
Read the filing on SEC.gov ↗
Aug 10, 4:34 PM ET
Construction Partners (ROAD) said director Michael H. McKay, a member of its Audit Committee, died on July 22, 2026, leaving the committee with two independent directors. Nasdaq requires at least three, so the company is out of compliance but intends to use a cure period to restore compliance.
- Nasdaq Listing Rule 5605(c)(2)(A) requires at least three independent Audit Committee members; the company now has two.
- The cure period ends on the earlier of the next annual stockholder meeting or July 22, 2027.
- On August 6, 2026, the company issued 619,000 restricted Class B shares to employees, vesting September 30, 2030.
Read the filing on SEC.gov ↗
Aug 7, 8:04 AM ET
Construction Partners reported fiscal third-quarter 2026 results for the quarter ended June 30, 2026, with revenue of $999.4 million, up 28.2%, and net income of $59.6 million, up from $44.0 million a year earlier. The company raised its fiscal 2026 outlook, citing the quarter's performance and the expected contribution from its recent Ellsworth Construction acquisition in Oklahoma. For shareholders, the filing shows higher profit and a raised full-year outlook, while the adjusted EBITDA margin declined.
- Revenue was $999.4 million, up 28.2% from $779.3 million; net income was $59.6 million versus $44.0 million.
- Diluted EPS was $1.06 versus $0.79; adjusted diluted EPS was $1.08 versus $0.81.
- Adjusted EBITDA was $163.0 million, up 23.8%, while the adjusted EBITDA margin was 16.3% versus 16.9%.
- Fiscal 2026 guidance raised: revenue of $3.640 billion to $3.680 billion and net income of $165.0 million to $168.0 million.
Read the filing on SEC.gov ↗
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