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Goodwill at other companies

Granite Construction logo
Granite ConstructionGVA
$400.54M+86.9%
Sterling Infrastructure, Inc. logo
Sterling Infrastructure, Inc.STRL
$584.82M+106%
ESO
Energy Services of AmericaESOA
$9.87M+32.8%
Northwest Pipe logo
Northwest PipeNWPX
$55.5M0.0%
VAT
InnovateVATE
$127.1M+0.3%
Select Water Solutions logo
Select Water SolutionsWTTR
$48.49M+166%

Other financials

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

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Market cap$1.25B+34.5%
Enterprise value$1.42B
P/E82.5×
P/S3.1×

Profitability

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Gross margin20.6%+0.6pp
Operating margin11%-0.8pp
Net margin6.8%-1.1pp
FCF margin5.7%-1.6pp

Returns & leverage

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Current ratio1.7×

Where this comes from

Reported directly by Cardinal Infrastructure Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The source filing: Cardinal Infrastructure Group, Inc.’s 10-Q, filed May 13, 2026.

Filed
May 13, 2026, 4:34 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-221771
Line itemMarch 31,2026 (Unaudited)December 31,2025
Total current assets228,079,082215,651,152
Property and equipment, net125,541,99184,901,602
Operating lease right-of-use assets20,438,8738,929,742
Goodwill128,619,93723,510,649
Intangible assets, net109,046,34315,513,692
Deferred tax assets45,095,26246,080,518
Other non-current assets430,427
Total assets$657,251,915$394,587,355

Item 1. Financial Statements.

FAQ

What is Cardinal Infrastructure Group, Inc.'s goodwill?
Cardinal Infrastructure Group, Inc. (CDNL) reported goodwill of $128.62M in Q1 2026.
What is the long-term trend for Cardinal Infrastructure Group, Inc.'s goodwill?
Over 2 years (2023 to 2025), Cardinal Infrastructure Group, Inc.'s goodwill has grown at a 82.6% compound annual growth rate (CAGR), from $7.05M to $23.51M.
What does goodwill mean?
The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

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