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Construction Partners ROAD Utilization of federal investment tax credits

Utilization of federal investment tax credits at other companies

Construction Partners logo
Construction PartnersROAD
$125K0.0%
Texas Instruments logo
Texas InstrumentsTXN
$0
Amkor Technology logo
Amkor TechnologyAMKR
$984.5K
Western Alliance Bancorporation logo
Western Alliance BancorporationWAL
$14.6M-17.0%
Knight-Swift Transportation Holdings Inc. logo
Knight-Swift Transportation Holdings Inc.KNX
$615.5K
Morgan Stanley logo
Morgan StanleyMS
$78M+4.0%

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$6.94B+56.2%
Enterprise value$8.71B+50.8%
P/E54.7×-17.8×
P/S2.1×+0.1×

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:InvestmentTaxCredit.

The official record: Construction Partners’s 10-K, filed November 25, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Construction Partners's utilization of federal investment tax credits?
Construction Partners (ROAD) reported utilization of federal investment tax credits of $125K in Q3 2025.
How has Construction Partners's utilization of federal investment tax credits changed year-over-year?
Construction Partners's utilization of federal investment tax credits decreased by 0.0% year-over-year, from $125K to $125K.
What is the long-term trend for Construction Partners's utilization of federal investment tax credits?
Over 4 years (2021 to 2025), Construction Partners's utilization of federal investment tax credits has grown at a 13.6% compound annual growth rate (CAGR), from $300K to $500K.
What does utilization of federal investment tax credits mean?
This represents the value of tax credits claimed for investments in specific assets or projects, which directly reduce the company's total income tax liability. It serves as a government incentive to encourage capital expenditure in specific sectors or technologies. Higher utilization of these credits improves the company's net income and cash flow.