earnings
confidence high
sentiment positive
materiality 0.80
Construction Partners Q1 revenue up 42% to $561.6M; record backlog $2.66B; raises FY25 outlook
Construction Partners, Inc.
2025-Q1 EPS reported
-$0.06
revenue$561,580,000
- Revenue $561.6M (+41.6% YoY); adjusted net income $13.3M ($0.25 diluted EPS) vs GAAP net loss $3.1M.
- Adjusted EBITDA $68.8M (+68% YoY); margin 12.25%, driven by strong operational performance and favorable weather.
- Record backlog $2.66B; completed Lone Star Paving acquisition in Q1 and two subsequent deals (Overland Corp, Mobile Asphalt).
- Raises fiscal 2025 outlook to reflect Q1 beat and contributions from new acquisitions.
- GAAP diluted EPS -$0.06 due to $16.4M in acquisition-related expenses; prior year GAAP EPS $0.19.