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Cardinal Infrastructure Group, Inc.
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Cardinal Infrastructure Group, Inc.

CDNL

Cardinal Infrastructure Group is a vertically integrated provider of turnkey infrastructure services specializing in site preparation and wet utility installations.

Market cap
$1.4B+66.4%
Revenue$406.9M+44.5%
Net income$15.1M-28.7%
Free cash flow$12.7M-37.5%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 11, 2026 (in a month)
Revenue estimate$176.1M
EPS estimate$0.46

Financials

Q1 2026

Income statement

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Revenue$167.5M+105%
Gross profit$34.2M+107%
Operating income$14.8M+86.9%
Net income$3.4M-37.6%
EPS (diluted)$0.23

Balance sheet

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Cash & equivalents$44.0M
Total debt$220.6M
Total assets$657.3M

Cash flow

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Operating cash flow$9.3M-23.0%
CapEx$9.3M-10.2%
Free cash flow-$961.0-100%

Valuation & ratios

Valuation

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Market cap$1.4B+66.4%
Enterprise value$1.58B
P/E93.1×
P/S3.5×

Returns & leverage

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Current ratio1.7×

Segments

By product

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Service$14.5K-62.8%

Competitors

Profile

Cardinal Infrastructure Group is a vertically integrated provider of turnkey infrastructure services specializing in site preparation and wet utility installations. The company serves residential, commercial, industrial, and municipal markets, primarily in the Southeastern United States. Its core value proposition centers on utilizing in-house teams and specialized equipment to deliver complex civil projects with industry-leading speed and technical sophistication.

Competitive position

A leading full-service turnkey infrastructure provider in the Southeastern U.S. with a distinct scale advantage in a fragmented market.

GeographiesUnited States, North Carolina, South Carolina, Georgia
Customer segmentsResidential home builders, Public sector agencies, Industrial and commercial developers
Business modelFixed-price contracting, Vertical integration, Lump sum contracting
SuppliersBuilding material suppliers, Heavy equipment manufacturers, Specialized labor markets
CustomersResidential developers, Commercial real estate firms, Municipal governments, State DOTs

Questions, answered.

What is Cardinal Infrastructure Group, Inc. 's market cap?
Cardinal Infrastructure Group, Inc. (CDNL) has a market capitalization of $1.4B and trades on NASDAQ.
What is Cardinal Infrastructure Group, Inc. 's revenue and profitability?
Cardinal Infrastructure Group, Inc. generated $406.9M in trailing twelve-month revenue with net income of $15.1M, representing a net margin of 6.8%. Gross margin stands at 20.6%, with free cash flow of $12.7M. These figures are based on the Q1 2026 filing.
Who are Cardinal Infrastructure Group, Inc. 's competitors?
Cardinal Infrastructure Group, Inc. 's key competitors include Granite Construction Incorporated, Sterling Infrastructure, Inc., Fluor Corporation, and others. These companies compete in similar markets and product categories.
Who does Cardinal Infrastructure Group, Inc. partner with?
Cardinal Infrastructure Group, Inc. 's notable partners include Pulte Homes.
What subsidiaries does Cardinal Infrastructure Group, Inc. have?
Cardinal Infrastructure Group, Inc. 's subsidiaries include Cardinal Civil Contracting, LLC, Harrelson Utility Repair & Contracting Inc., G. Goodwin Enterprises, LLC, and others.
Where is Cardinal Infrastructure Group, Inc. headquartered?
Cardinal Infrastructure Group, Inc. is headquartered in United States of America. It has been publicly traded since 2025.