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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

Construction Partners, Inc. (ROAD)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsSep-30-22Sep-30-21Sep-30-20Sep-30-19Sep-30-18Sep-05-18Sep-30-17Sep-30-16
   10-K10-K10-K10-K10-K8-K10-KS-1/A
Revenues  1,301.7910.7785.7783.2680.1680.1568.2542.3
            Revenue growth  42.9%15.9%0.3%15.2%19.7% 4.8% 
Cost of goods sold  1,162.4790.8663.5665.3580.6580.6477.2467.5
Gross profit  139.3119.9122.2118.099.599.591.074.9
            Gross margin  10.7%13.2%15.6%15.1%14.6%14.6%16.0%13.8%
Selling, general and administrative   [+]107.691.968.662.755.355.347.940.4
Equity in earnings  0.00.0-0.6-1.3-1.3   
Other operating expenses      -29.6-19.6 -6.0
EBITDA   [+]97.577.992.385.197.9 64.2 
            EBITDA margin  7.5%8.5%11.7%10.9%14.4%9.4%11.3%7.5%
Depreciation  64.949.539.130.124.8 20.8 
EBITA  32.628.353.255.073.163.843.440.4
            EBITA margin  2.5%3.1%6.8%7.0%10.7%9.4%7.6%7.5%
Amortization of intangibles  0.80.30.21.10.5 0.3 
EBIT   [+]31.828.053.053.972.663.843.140.4
            EBIT margin  2.4%3.1%6.7%6.9%10.7%9.4%7.6%7.5%
Non-recurring items   [+]-3.7-2.0-1.6-1.912.42.4-3.53.0
Interest expense  7.72.43.11.91.31.34.04.7
Other income (expense), net   [+]0.60.80.91.81.21.2-1.8-0.2
Pre-tax income  28.328.552.555.760.161.340.832.6
Income taxes  6.98.312.813.910.510.514.710.5
            Tax rate  24.4%29.3%24.3%25.0%17.5%17.2%36.1%32.4%
Net income  21.420.240.343.150.850.826.00.0
            Net margin  1.6%2.2%5.1%5.5%7.5%7.5%4.6%0.0%
   
Basic EPS   [+]$0.41$0.39$0.78$0.84$1.11$1.11$0.63$0.00
Diluted EPS   [+]$0.41$0.39$0.78$0.84$1.11$1.11$0.63$0.00
   
Shares outstanding (basic)   [+]51.851.651.551.445.645.641.643,009.1
Shares outstanding (diluted)   [+]52.051.851.651.445.945.941.643,009.1
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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