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Acquisitions at other companies

Arcosa logo
ArcosaACA
$24.7M
Martin Marietta Materials logo
Martin Marietta MaterialsMLM
-$713M
Vulcan Materials Company logo
Vulcan Materials CompanyVMC
$75M+658%
Knife River logo
Knife RiverKNF
$174.23M-60.7%
Astec Industries logo
Astec IndustriesASTE
$300K
Cardinal Infrastructure Group, Inc. logo
Cardinal Infrastructure Group, Inc.CDNL
$125.53M+797%

Other financials

Income statement

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Revenue$769.2M+34.6%
Gross profit$98.9M+38.5%
Operating income$37.4M+37.0%
Net income$9.2M+118%
EPS (diluted)$0.16+100%

Balance sheet

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Cash & equivalents$76.9M-24.5%
Total debt$1.8B+30.3%
Total equity$979.4M+21.2%
Total assets$3.4B+24.9%

Cash flow

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Operating cash flow$65.2M+17.2%
CapEx$46.3M+11.8%
Free cash flow$18.9M+33.1%

Valuation

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Market cap$5.94B+13.5%
Enterprise value$7.71B+16.4%
P/E46.8×-23.5×
P/S1.8×-0.3×

Profitability

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Gross margin15.7%+1.3pp
Operating margin8.3%+2.3pp
Net margin3.9%+1.1pp
FCF margin5.9%+0.1pp

Returns & leverage

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Return on equity14.2%+5.0pp
Debt / equity1.9×+0.1×
Current ratio1.5×+0.1×

Where this comes from

Reported directly by Construction Partners in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesNetOfCashAcquired.

The source filing: Construction Partners’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 11:39 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-032643
Line itemFor the Six Months Ended March 31, 2026For the Six Months Ended March 31, 2025
Purchases of property, plant and equipment(81,728)(68,226)
Proceeds from sale of property, plant and equipment13,5025,991
Proceeds from sales, calls and maturities of restricted investments9,4493,940
Business acquisitions, net of cash acquired(275,875)(828,736)
Purchase of restricted investments(2,448)(6,202)
Net cash used in investing activities(337,100)(893,233)
Cash flows from financing activities:
Proceeds from revolving credit facility185,000145,000

Item 1. Financial Statements

FAQ

What is Construction Partners's acquisitions?
Construction Partners (ROAD) reported acquisitions of $60.77M in Q1 2026.
How has Construction Partners's acquisitions changed year-over-year?
Construction Partners's acquisitions decreased by 65.2% year-over-year, from $174.54M to $60.77M.
What is the long-term trend for Construction Partners's acquisitions?
Over 4 years (2021 to 2025), Construction Partners's acquisitions has grown at a 53.0% compound annual growth rate (CAGR), from $210.73M to $1.16B.
What does acquisitions mean?
Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

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