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Side-by-side financial comparison of Construction Partners, Inc. (ROAD) and Teradyne (TER). Click either name above to swap in a different company.

Teradyne is the larger business by last-quarter revenue ($1.1B vs $809.5M, roughly 1.3× Construction Partners, Inc.). Teradyne runs the higher net margin — 23.7% vs 2.1%, a 21.6% gap on every dollar of revenue. On growth, Construction Partners, Inc. posted the faster year-over-year revenue change (44.1% vs 43.9%). Teradyne produced more free cash flow last quarter ($218.8M vs $47.1M). Over the past eight quarters, Construction Partners, Inc.'s revenue compounded faster (47.6% CAGR vs 34.4%).

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.

Teradyne, Inc. is an American automatic test equipment (ATE) designer and manufacturer based in North Reading, Massachusetts. Its high-profile customers include Samsung, Qualcomm, Intel, Analog Devices, Texas Instruments and IBM.

ROAD vs TER — Head-to-Head

Bigger by revenue
TER
TER
1.3× larger
TER
$1.1B
$809.5M
ROAD
Growing faster (revenue YoY)
ROAD
ROAD
+0.2% gap
ROAD
44.1%
43.9%
TER
Higher net margin
TER
TER
21.6% more per $
TER
23.7%
2.1%
ROAD
More free cash flow
TER
TER
$171.7M more FCF
TER
$218.8M
$47.1M
ROAD
Faster 2-yr revenue CAGR
ROAD
ROAD
Annualised
ROAD
47.6%
34.4%
TER

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ROAD
ROAD
TER
TER
Revenue
$809.5M
$1.1B
Net Profit
$17.2M
$257.2M
Gross Margin
15.0%
57.2%
Operating Margin
6.2%
27.1%
Net Margin
2.1%
23.7%
Revenue YoY
44.1%
43.9%
Net Profit YoY
663.9%
75.9%
EPS (diluted)
$0.31
$1.62

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.

Revenue
ROAD
ROAD
TER
TER
Q4 25
$809.5M
$1.1B
Q3 25
$899.8M
$769.2M
Q2 25
$779.3M
$651.8M
Q1 25
$571.6M
$685.7M
Q4 24
$561.6M
$752.9M
Q3 24
$538.2M
$737.3M
Q2 24
$517.8M
$729.9M
Q1 24
$371.4M
$599.8M
Net Profit
ROAD
ROAD
TER
TER
Q4 25
$17.2M
$257.2M
Q3 25
$56.6M
$119.6M
Q2 25
$44.0M
$78.4M
Q1 25
$4.2M
$98.9M
Q4 24
$-3.1M
$146.3M
Q3 24
$29.3M
$145.6M
Q2 24
$30.9M
$186.3M
Q1 24
$-1.1M
$64.2M
Gross Margin
ROAD
ROAD
TER
TER
Q4 25
15.0%
57.2%
Q3 25
17.7%
58.4%
Q2 25
16.9%
57.2%
Q1 25
12.5%
60.6%
Q4 24
13.6%
59.4%
Q3 24
15.6%
59.2%
Q2 24
16.1%
58.3%
Q1 24
10.4%
56.6%
Operating Margin
ROAD
ROAD
TER
TER
Q4 25
6.2%
27.1%
Q3 25
11.2%
18.9%
Q2 25
10.6%
13.9%
Q1 25
4.8%
17.6%
Q4 24
2.5%
20.4%
Q3 24
8.5%
20.6%
Q2 24
8.8%
28.8%
Q1 24
0.8%
13.0%
Net Margin
ROAD
ROAD
TER
TER
Q4 25
2.1%
23.7%
Q3 25
6.3%
15.5%
Q2 25
5.7%
12.0%
Q1 25
0.7%
14.4%
Q4 24
-0.5%
19.4%
Q3 24
5.4%
19.8%
Q2 24
6.0%
25.5%
Q1 24
-0.3%
10.7%
EPS (diluted)
ROAD
ROAD
TER
TER
Q4 25
$0.31
$1.62
Q3 25
$1.03
$0.75
Q2 25
$0.79
$0.49
Q1 25
$0.08
$0.61
Q4 24
$-0.06
$0.89
Q3 24
$0.55
$0.89
Q2 24
$0.59
$1.14
Q1 24
$-0.02
$0.40

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ROAD
ROAD
TER
TER
Cash + ST InvestmentsLiquidity on hand
$104.1M
$293.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$969.1M
$2.8B
Total Assets
$3.4B
$4.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ROAD
ROAD
TER
TER
Q4 25
$104.1M
$293.8M
Q3 25
$156.1M
$272.7M
Q2 25
$114.3M
$339.3M
Q1 25
$101.9M
$475.6M
Q4 24
$132.5M
$553.4M
Q3 24
$74.7M
$510.0M
Q2 24
$56.3M
$421.9M
Q1 24
$48.0M
$707.4M
Total Debt
ROAD
ROAD
TER
TER
Q4 25
Q3 25
$1.6B
Q2 25
Q1 25
Q4 24
Q3 24
$515.0M
Q2 24
Q1 24
Stockholders' Equity
ROAD
ROAD
TER
TER
Q4 25
$969.1M
$2.8B
Q3 25
$912.0M
$2.7B
Q2 25
$853.3M
$2.8B
Q1 25
$807.9M
$2.8B
Q4 24
$811.1M
$2.8B
Q3 24
$573.7M
$2.9B
Q2 24
$552.9M
$2.7B
Q1 24
$525.0M
$2.6B
Total Assets
ROAD
ROAD
TER
TER
Q4 25
$3.4B
$4.2B
Q3 25
$3.2B
$4.0B
Q2 25
$2.9B
$3.8B
Q1 25
$2.8B
$3.7B
Q4 24
$2.6B
$3.7B
Q3 24
$1.5B
$3.8B
Q2 24
$1.4B
$3.6B
Q1 24
$1.3B
$3.4B
Debt / Equity
ROAD
ROAD
TER
TER
Q4 25
Q3 25
1.78×
Q2 25
Q1 25
Q4 24
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
ROAD
ROAD
TER
TER
Operating Cash FlowLast quarter
$82.6M
$281.6M
Free Cash FlowOCF − Capex
$47.1M
$218.8M
FCF MarginFCF / Revenue
5.8%
20.2%
Capex IntensityCapex / Revenue
4.4%
5.8%
Cash ConversionOCF / Net Profit
4.80×
1.09×
TTM Free Cash FlowTrailing 4 quarters
$186.6M
$450.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ROAD
ROAD
TER
TER
Q4 25
$82.6M
$281.6M
Q3 25
$112.0M
$49.0M
Q2 25
$83.0M
$182.1M
Q1 25
$55.6M
$161.6M
Q4 24
$40.7M
$282.6M
Q3 24
$95.9M
$166.3M
Q2 24
$34.6M
$216.1M
Q1 24
$18.2M
$7.3M
Free Cash Flow
ROAD
ROAD
TER
TER
Q4 25
$47.1M
$218.8M
Q3 25
$78.9M
$2.4M
Q2 25
$46.4M
$131.7M
Q1 25
$14.2M
$97.6M
Q4 24
$13.8M
$225.2M
Q3 24
$78.4M
$114.4M
Q2 24
$19.7M
$171.2M
Q1 24
$-10.6M
$-36.7M
FCF Margin
ROAD
ROAD
TER
TER
Q4 25
5.8%
20.2%
Q3 25
8.8%
0.3%
Q2 25
5.9%
20.2%
Q1 25
2.5%
14.2%
Q4 24
2.5%
29.9%
Q3 24
14.6%
15.5%
Q2 24
3.8%
23.5%
Q1 24
-2.8%
-6.1%
Capex Intensity
ROAD
ROAD
TER
TER
Q4 25
4.4%
5.8%
Q3 25
3.7%
6.1%
Q2 25
4.7%
7.7%
Q1 25
7.2%
9.3%
Q4 24
4.8%
7.6%
Q3 24
3.3%
7.0%
Q2 24
2.9%
6.1%
Q1 24
7.7%
7.3%
Cash Conversion
ROAD
ROAD
TER
TER
Q4 25
4.80×
1.09×
Q3 25
1.98×
0.41×
Q2 25
1.88×
2.32×
Q1 25
13.20×
1.63×
Q4 24
1.93×
Q3 24
3.27×
1.14×
Q2 24
1.12×
1.16×
Q1 24
0.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ROAD
ROAD

Segment breakdown not available.

TER
TER

Soc$646.5M60%
Memory$206.5M19%
Transferred At Point In Time$90.0M8%
Universal Robots$89.4M8%
IST$30.5M3%
Transferred Over Time$20.5M2%

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