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Side-by-side financial comparison of Great Lakes Dredge & Dock CORP (GLDD) and Construction Partners, Inc. (ROAD). Click either name above to swap in a different company.
Construction Partners, Inc. is the larger business by last-quarter revenue ($809.5M vs $256.5M, roughly 3.2× Great Lakes Dredge & Dock CORP). Great Lakes Dredge & Dock CORP runs the higher net margin — 4.9% vs 2.1%, a 2.8% gap on every dollar of revenue. On growth, Construction Partners, Inc. posted the faster year-over-year revenue change (44.1% vs 26.5%). Great Lakes Dredge & Dock CORP produced more free cash flow last quarter ($50.3M vs $47.1M). Over the past eight quarters, Construction Partners, Inc.'s revenue compounded faster (47.6% CAGR vs 13.6%).
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.
Alexander Construction Company was a Palm Springs, California, residential development company that built over 2,200 houses in the Coachella Valley of Riverside County, California, between 1955 and 1965.
GLDD vs ROAD — Head-to-Head
Income Statement — Q4 2025 vs Q1 2026
| Metric | | |
|---|---|---|
| Revenue | $256.5M | $809.5M |
| Net Profit | $12.6M | $17.2M |
| Gross Margin | 20.9% | 15.0% |
| Operating Margin | 12.7% | 6.2% |
| Net Margin | 4.9% | 2.1% |
| Revenue YoY | 26.5% | 44.1% |
| Net Profit YoY | -35.9% | 663.9% |
| EPS (diluted) | $0.19 | $0.31 |
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.
| Q4 25 | $256.5M | $809.5M | ||
| Q3 25 | $195.2M | $899.8M | ||
| Q2 25 | $193.8M | $779.3M | ||
| Q1 25 | $242.9M | $571.6M | ||
| Q4 24 | $202.8M | $561.6M | ||
| Q3 24 | $191.2M | $538.2M | ||
| Q2 24 | $170.1M | $517.8M | ||
| Q1 24 | $198.7M | $371.4M |
| Q4 25 | $12.6M | $17.2M | ||
| Q3 25 | $17.7M | $56.6M | ||
| Q2 25 | $9.7M | $44.0M | ||
| Q1 25 | $33.4M | $4.2M | ||
| Q4 24 | $19.7M | $-3.1M | ||
| Q3 24 | $8.9M | $29.3M | ||
| Q2 24 | $7.7M | $30.9M | ||
| Q1 24 | $21.0M | $-1.1M |
| Q4 25 | 20.9% | 15.0% | ||
| Q3 25 | 22.4% | 17.7% | ||
| Q2 25 | 18.9% | 16.9% | ||
| Q1 25 | 28.6% | 12.5% | ||
| Q4 24 | 24.1% | 13.6% | ||
| Q3 24 | 19.0% | 15.6% | ||
| Q2 24 | 17.5% | 16.1% | ||
| Q1 24 | 22.9% | 10.4% |
| Q4 25 | 12.7% | 6.2% | ||
| Q3 25 | 14.4% | 11.2% | ||
| Q2 25 | 8.8% | 10.6% | ||
| Q1 25 | 20.6% | 4.8% | ||
| Q4 24 | 14.8% | 2.5% | ||
| Q3 24 | 8.7% | 8.5% | ||
| Q2 24 | 8.6% | 8.8% | ||
| Q1 24 | 15.8% | 0.8% |
| Q4 25 | 4.9% | 2.1% | ||
| Q3 25 | 9.1% | 6.3% | ||
| Q2 25 | 5.0% | 5.7% | ||
| Q1 25 | 13.8% | 0.7% | ||
| Q4 24 | 9.7% | -0.5% | ||
| Q3 24 | 4.6% | 5.4% | ||
| Q2 24 | 4.5% | 6.0% | ||
| Q1 24 | 10.6% | -0.3% |
| Q4 25 | $0.19 | $0.31 | ||
| Q3 25 | $0.26 | $1.03 | ||
| Q2 25 | $0.14 | $0.79 | ||
| Q1 25 | $0.49 | $0.08 | ||
| Q4 24 | $0.29 | $-0.06 | ||
| Q3 24 | $0.13 | $0.55 | ||
| Q2 24 | $0.11 | $0.59 | ||
| Q1 24 | $0.31 | $-0.02 |
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 | $104.1M |
| Total DebtLower is stronger | $378.2M | — |
| Stockholders' EquityBook value | $517.1M | $969.1M |
| Total Assets | $1.3B | $3.4B |
| Debt / EquityLower = less leverage | 0.73× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.4M | $104.1M | ||
| Q3 25 | $12.7M | $156.1M | ||
| Q2 25 | $2.9M | $114.3M | ||
| Q1 25 | $11.3M | $101.9M | ||
| Q4 24 | $10.2M | $132.5M | ||
| Q3 24 | $12.0M | $74.7M | ||
| Q2 24 | $23.1M | $56.3M | ||
| Q1 24 | $22.8M | $48.0M |
| Q4 25 | $378.2M | — | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $448.2M | — | ||
| Q3 24 | — | $515.0M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $517.1M | $969.1M | ||
| Q3 25 | $502.1M | $912.0M | ||
| Q2 25 | $481.9M | $853.3M | ||
| Q1 25 | $479.9M | $807.9M | ||
| Q4 24 | $448.9M | $811.1M | ||
| Q3 24 | $425.4M | $573.7M | ||
| Q2 24 | $418.0M | $552.9M | ||
| Q1 24 | $409.0M | $525.0M |
| Q4 25 | $1.3B | $3.4B | ||
| Q3 25 | $1.3B | $3.2B | ||
| Q2 25 | $1.2B | $2.9B | ||
| Q1 25 | $1.2B | $2.8B | ||
| Q4 24 | $1.3B | $2.6B | ||
| Q3 24 | $1.1B | $1.5B | ||
| Q2 24 | $1.1B | $1.4B | ||
| Q1 24 | $1.1B | $1.3B |
| Q4 25 | 0.73× | — | ||
| Q3 25 | — | 1.78× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.00× | — | ||
| Q3 24 | — | 0.90× | ||
| Q2 24 | — | — | ||
| Q1 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 | $82.6M |
| Free Cash FlowOCF − Capex | $50.3M | $47.1M |
| FCF MarginFCF / Revenue | 19.6% | 5.8% |
| Capex IntensityCapex / Revenue | 11.5% | 4.4% |
| Cash ConversionOCF / Net Profit | 6.31× | 4.80× |
| TTM Free Cash FlowTrailing 4 quarters | $99.5M | $186.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $79.7M | $82.6M | ||
| Q3 25 | $49.2M | $112.0M | ||
| Q2 25 | $56.9M | $83.0M | ||
| Q1 25 | $60.9M | $55.6M | ||
| Q4 24 | $-13.5M | $40.7M | ||
| Q3 24 | $26.8M | $95.9M | ||
| Q2 24 | $18.4M | $34.6M | ||
| Q1 24 | $38.4M | $18.2M |
| Q4 25 | $50.3M | $47.1M | ||
| Q3 25 | $13.2M | $78.9M | ||
| Q2 25 | $-3.7M | $46.4M | ||
| Q1 25 | $39.6M | $14.2M | ||
| Q4 24 | $-36.1M | $13.8M | ||
| Q3 24 | $-11.5M | $78.4M | ||
| Q2 24 | $-34.0M | $19.7M | ||
| Q1 24 | $26.5M | $-10.6M |
| Q4 25 | 19.6% | 5.8% | ||
| Q3 25 | 6.8% | 8.8% | ||
| Q2 25 | -1.9% | 5.9% | ||
| Q1 25 | 16.3% | 2.5% | ||
| Q4 24 | -17.8% | 2.5% | ||
| Q3 24 | -6.0% | 14.6% | ||
| Q2 24 | -20.0% | 3.8% | ||
| Q1 24 | 13.4% | -2.8% |
| Q4 25 | 11.5% | 4.4% | ||
| Q3 25 | 18.4% | 3.7% | ||
| Q2 25 | 31.3% | 4.7% | ||
| Q1 25 | 8.7% | 7.2% | ||
| Q4 24 | 11.2% | 4.8% | ||
| Q3 24 | 20.0% | 3.3% | ||
| Q2 24 | 30.8% | 2.9% | ||
| Q1 24 | 6.0% | 7.7% |
| Q4 25 | 6.31× | 4.80× | ||
| Q3 25 | 2.77× | 1.98× | ||
| Q2 25 | 5.87× | 1.88× | ||
| Q1 25 | 1.82× | 13.20× | ||
| Q4 24 | -0.69× | — | ||
| Q3 24 | 3.02× | 3.27× | ||
| Q2 24 | 2.39× | 1.12× | ||
| Q1 24 | 1.83× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
