ROADConstruction Partners, Inc.
Heavy Construction Other Than Bldg Const - Contractors
- Revenue
- $2.8B
- 54% YoY
- Operating margin
- 8.0%
- 31% YoY
- EBITDA
- $369M
- 93% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 4.2×
- $1.5B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear286% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear8% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear32% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $911M | $1.3B | $1.6B | $1.8B | $2.8B | 54% |
| Operating income | $30M | $35M | $82M | $111M | $225M | 102% |
| Net income | $20M | $21M | $49M | $69M | $102M | 48% |
| Operating cash flow | $49M | $16M | $157M | $209M | $291M | 39% |
| Capex | $56M | $69M | $98M | $88M | $138M | 57% |
| Stock-based comp | $4M | $8M | $11M | $14M | $37M | 157% |
| Buybacks | $0 | $39K | $139K | $11M | $24M | 108% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.