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Side-by-side financial comparison of Great Lakes Dredge & Dock CORP (GLDD) and HCI Group, Inc. (HCI). Click either name above to swap in a different company.
Great Lakes Dredge & Dock CORP is the larger business by last-quarter revenue ($256.5M vs $242.9M, roughly 1.1× HCI Group, Inc.). HCI Group, Inc. runs the higher net margin — 35.0% vs 4.9%, a 30.1% gap on every dollar of revenue. On growth, Great Lakes Dredge & Dock CORP posted the faster year-over-year revenue change (26.5% vs 12.2%). Over the past eight quarters, Great Lakes Dredge & Dock CORP's revenue compounded faster (13.6% CAGR vs 8.5%).
Great Lakes Dredge and Dock Company is an American company providing construction services in dredging and land reclamation, currently the largest such provider in the United States. GLD&D operates primarily in the United States but conducts one-quarter of its business overseas. The company was based in Oak Brook, Illinois, but in October 2020 relocated its corporate headquarters to Houston, Texas.
HCI Equity Partners is a Washington, DC–based private equity firm with an additional office in Chicago, Illinois.
GLDD vs HCI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $256.5M | $242.9M |
| Net Profit | $12.6M | $85.0M |
| Gross Margin | 20.9% | — |
| Operating Margin | 12.7% | — |
| Net Margin | 4.9% | 35.0% |
| Revenue YoY | 26.5% | 12.2% |
| Net Profit YoY | -35.9% | 14.6% |
| EPS (diluted) | $0.19 | $5.45 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $242.9M | ||
| Q4 25 | $256.5M | $246.2M | ||
| Q3 25 | $195.2M | $216.3M | ||
| Q2 25 | $193.8M | $221.9M | ||
| Q1 25 | $242.9M | $216.4M | ||
| Q4 24 | $202.8M | $161.9M | ||
| Q3 24 | $191.2M | $175.3M | ||
| Q2 24 | $170.1M | $206.2M |
| Q1 26 | — | $85.0M | ||
| Q4 25 | $12.6M | $97.7M | ||
| Q3 25 | $17.7M | $65.5M | ||
| Q2 25 | $9.7M | $66.2M | ||
| Q1 25 | $33.4M | $69.7M | ||
| Q4 24 | $19.7M | $2.6M | ||
| Q3 24 | $8.9M | $5.7M | ||
| Q2 24 | $7.7M | $54.1M |
| Q1 26 | — | — | ||
| Q4 25 | 20.9% | — | ||
| Q3 25 | 22.4% | — | ||
| Q2 25 | 18.9% | — | ||
| Q1 25 | 28.6% | — | ||
| Q4 24 | 24.1% | — | ||
| Q3 24 | 19.0% | — | ||
| Q2 24 | 17.5% | — |
| Q1 26 | — | — | ||
| Q4 25 | 12.7% | 58.5% | ||
| Q3 25 | 14.4% | 41.9% | ||
| Q2 25 | 8.8% | 42.5% | ||
| Q1 25 | 20.6% | 46.4% | ||
| Q4 24 | 14.8% | 3.6% | ||
| Q3 24 | 8.7% | 8.0% | ||
| Q2 24 | 8.6% | 36.9% |
| Q1 26 | — | 35.0% | ||
| Q4 25 | 4.9% | 39.7% | ||
| Q3 25 | 9.1% | 30.3% | ||
| Q2 25 | 5.0% | 29.8% | ||
| Q1 25 | 13.8% | 32.2% | ||
| Q4 24 | 9.7% | 1.6% | ||
| Q3 24 | 4.6% | 3.2% | ||
| Q2 24 | 4.5% | 26.2% |
| Q1 26 | — | $5.45 | ||
| Q4 25 | $0.19 | $7.29 | ||
| Q3 25 | $0.26 | $4.90 | ||
| Q2 25 | $0.14 | $5.18 | ||
| Q1 25 | $0.49 | $5.35 | ||
| Q4 24 | $0.29 | $0.32 | ||
| Q3 24 | $0.13 | $0.52 | ||
| Q2 24 | $0.11 | $4.24 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $13.4M | $1.0B |
| Total DebtLower is stronger | $378.2M | $31.7M |
| Stockholders' EquityBook value | $517.1M | $1.1B |
| Total Assets | $1.3B | $2.6B |
| Debt / EquityLower = less leverage | 0.73× | 0.03× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.0B | ||
| Q4 25 | $13.4M | $1.2B | ||
| Q3 25 | $12.7M | $987.9M | ||
| Q2 25 | $2.9M | $947.2M | ||
| Q1 25 | $11.3M | $754.5M | ||
| Q4 24 | $10.2M | $532.5M | ||
| Q3 24 | $12.0M | $518.8M | ||
| Q2 24 | $23.1M | $445.8M |
| Q1 26 | — | $31.7M | ||
| Q4 25 | $378.2M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $448.2M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $1.1B | ||
| Q4 25 | $517.1M | $1.0B | ||
| Q3 25 | $502.1M | $821.8M | ||
| Q2 25 | $481.9M | $758.6M | ||
| Q1 25 | $479.9M | $522.7M | ||
| Q4 24 | $448.9M | $453.3M | ||
| Q3 24 | $425.4M | $455.3M | ||
| Q2 24 | $418.0M | $447.3M |
| Q1 26 | — | $2.6B | ||
| Q4 25 | $1.3B | $2.5B | ||
| Q3 25 | $1.3B | $2.3B | ||
| Q2 25 | $1.2B | $2.4B | ||
| Q1 25 | $1.2B | $2.3B | ||
| Q4 24 | $1.3B | $2.2B | ||
| Q3 24 | $1.1B | $2.0B | ||
| Q2 24 | $1.1B | $1.9B |
| Q1 26 | — | 0.03× | ||
| Q4 25 | 0.73× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.00× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $79.7M | — |
| Free Cash FlowOCF − Capex | $50.3M | — |
| FCF MarginFCF / Revenue | 19.6% | — |
| Capex IntensityCapex / Revenue | 11.5% | — |
| Cash ConversionOCF / Net Profit | 6.31× | — |
| TTM Free Cash FlowTrailing 4 quarters | $99.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $79.7M | $444.4M | ||
| Q3 25 | $49.2M | $26.7M | ||
| Q2 25 | $56.9M | $145.0M | ||
| Q1 25 | $60.9M | $162.0M | ||
| Q4 24 | $-13.5M | $331.8M | ||
| Q3 24 | $26.8M | $104.1M | ||
| Q2 24 | $18.4M | $-29.0M |
| Q1 26 | — | — | ||
| Q4 25 | $50.3M | $440.8M | ||
| Q3 25 | $13.2M | $25.9M | ||
| Q2 25 | $-3.7M | $144.5M | ||
| Q1 25 | $39.6M | $160.3M | ||
| Q4 24 | $-36.1M | $327.8M | ||
| Q3 24 | $-11.5M | $103.2M | ||
| Q2 24 | $-34.0M | $-30.1M |
| Q1 26 | — | — | ||
| Q4 25 | 19.6% | 179.0% | ||
| Q3 25 | 6.8% | 12.0% | ||
| Q2 25 | -1.9% | 65.1% | ||
| Q1 25 | 16.3% | 74.1% | ||
| Q4 24 | -17.8% | 202.5% | ||
| Q3 24 | -6.0% | 58.9% | ||
| Q2 24 | -20.0% | -14.6% |
| Q1 26 | — | — | ||
| Q4 25 | 11.5% | 1.5% | ||
| Q3 25 | 18.4% | 0.4% | ||
| Q2 25 | 31.3% | 0.2% | ||
| Q1 25 | 8.7% | 0.8% | ||
| Q4 24 | 11.2% | 2.5% | ||
| Q3 24 | 20.0% | 0.5% | ||
| Q2 24 | 30.8% | 0.5% |
| Q1 26 | — | — | ||
| Q4 25 | 6.31× | 4.55× | ||
| Q3 25 | 2.77× | 0.41× | ||
| Q2 25 | 5.87× | 2.19× | ||
| Q1 25 | 1.82× | 2.32× | ||
| Q4 24 | -0.69× | 128.41× | ||
| Q3 24 | 3.02× | 18.33× | ||
| Q2 24 | 2.39× | -0.54× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
