Construction Partners, Inc. Delivers Remarkable Q3 Results for FY 2025
DOTHAN, Ala. - August 7, 2025 - Construction Partners, Inc. (NASDAQ: ROAD), a leading integrated civil infrastructure company, has just released its financial results for the third quarter of fiscal year 2025, and the figures are nothing short of impressive. With revenues soaring by 51% year-over-year, the company reported a robust $779.3 million in revenues for the quarter ending June 30, 2025. This significant increase in revenue is attributed to both organic growth and strategic acquisitions.
Key Financial Highlights
The adjusted EBITDA for the quarter reached a staggering $131.7 million, marking an 80% increase compared to the previous fiscal year's third quarter, illustrating the company's effective operational management. The adjusted EBITDA margin stood at 16.9%, up from 14.1% in the same period last year. This performance not only highlights the company's resilience despite weather-related setbacks but also its strategic focus on profitability.
The company’s backlog reached a record high of $2.94 billion, showcasing the strong demand for infrastructure projects in the Sunbelt region, which includes states like Alabama, Florida, and Texas. Given this backlog, Construction Partners is well-positioned to capitalize on ongoing infrastructure demand as the busy construction season continues.
Fred J. (Jule) Smith, III, President and CEO of Construction Partners, expressed satisfaction with the company’s performance. He stated, “Despite significant weather-related challenges, our teams managed to execute their plans and deliver impressive results. This growth reaffirms our strategy, showcasing our resilience and operational excellence.”
Recent Acquisitions
In tandem with its financial growth, Construction Partners has expanded its operational capabilities through acquisitions. Recently, the company announced the acquisition of
Durwood Greene Construction Co., adding approximately 200 employees and enhancing its operational footprint in Houston, Texas. This acquisition is expected to further enhance CPI's growth and operational efficiency.
Financial Metrics Overview
- - Revenues: $779.3 million (up from $517.8 million in Q3 FY24)
- - Adjusted net income: $45.2 million, translating to $0.81 per diluted share.
- - Net income: $44.0 million, or $0.79 per diluted share, up from $30.9 million in the same quarter last year.
The company maintained its fiscal outlook for 2025, anticipating revenues between $2.77 billion to $2.83 billion, alongside net income projections of $106 million to $117 million. This solid financial outlook reflects Construction Partners' confidence in its operational strategies and growth trajectory.
Conference Call and Future Outlook
A conference call is scheduled for today at 10:00 AM ET to discuss these financial results. The call is expected to cover various aspects, including operational insights and future forecasts.
Smith concluded, “As we look toward the future, we remain committed to delivering value for our stakeholders while effectively managing our growth and expanding our service offerings across key markets.”
In conclusion, Construction Partners, Inc.'s third-quarter performance for fiscal 2025 sets a robust precedent for continued expansion and operational excellence in the civil infrastructure sector. With strategic acquisitions and a strong backlog, the company stands poised to meet the growing demands of infrastructure construction across the Sunbelt region.