Outstanding Growth for Construction Partners, Inc.
Construction Partners, Inc. (NASDAQ: ROAD), a leader in civil infrastructure across the Sunbelt, recently announced its financial results for the fiscal fourth quarter and year ending September 30, 2025. The results reflect remarkable growth and operational efficiency, setting a transformative stage in the company's journey.
Fiscal 2025 Highlights
The key figures from Construction Partners' fiscal 2025 demonstrate impressive growth:
- - Revenue: $2.812 billion, marking a 54% increase from the previous year’s $1.824 billion.
- - Net Income: Reached $101.8 million, a 48% increase compared to $68.9 million in fiscal 2024.
- - Adjusted EBITDA: Climbed to $423.7 million, which signifies a 92% growth from $220.6 million the year prior.
- - Project Backlog: Surged to approximately $3.03 billion, showcasing strong demand and future revenue potential.
Fred J. (Jule) Smith, III, President and CEO, noted, “We delivered a strong fourth quarter that capped a year of significant growth and margin expansion. Our disciplined execution across our Sunbelt operations continues to drive record results through safe, efficient project construction and strong market demand.” He further emphasized that fiscal 2025 was marked by strategic geographic expansion and accelerated financial performance.
Strategic Acquisitions Driving Growth
Driving much of the financial success in fiscal 2025 was a series of strategic acquisitions. The company notably expanded its footprint through five acquisitions, enhancing its operations in Texas, Oklahoma, Tennessee, and Alabama. As further proof of its growth strategy, Construction Partners also acquired two additional operations in Daytona Beach, Florida, and expanded in Houston, Texas shortly after completing its fiscal year.
Smith attributed the topline growth not just to acquisitions but also to organic growth of
8.4% year-over-year. This dual strategy of acquiring new capabilities and capitalizing on strong market demand for infrastructure development solidified CPI's position as a comprehensive service provider in the realm of road construction and maintenance.
Robust Fiscal 2026 Outlook
Looking ahead, Construction Partners remains optimistic about the prospects for fiscal 2026, anticipating an additional revenue increase. The company predicts:
- - Revenue between $3.400 billion and $3.500 billion
- - Net Income aimed between $150.0 million to $155.0 million
- - Adjusted EBITDA targeted at $520.0 million to $540.0 million
Ned N. Fleming, III, Executive Chairman, remarked, “CPI's growth strategy has proven sustainable as we engage with experienced local operators who know how to build and guide successful businesses. Our strategic approach increases capabilities, fortifies our profit margins, and expands our market presence.” This strategic focus, along with robust growth in the Sunbelt economy and continued public infrastructure investment, positions CPI as a key player within the civil construction industry, ensuring significant returns for stakeholders.
Conference Call Insights
For further insights into the fourth quarter and fiscal year performance, Construction Partners will host a conference call on November 20, 2025. The financial community and stakeholders are encouraged to participate and engage with company leadership concerning the strategic direction and operational updates.
About Construction Partners, Inc.
Construction Partners, Inc. operates a vertically integrated business model across local markets in the Sunbelt, encompassing states from Alabama to Texas. The company focuses primarily on publicly funded infrastructure projects, contributing significantly to essential local roadways, highways, and other vital construction endeavors. With a robust operational framework, diverse product offerings, and a solid commitment to safety and efficiency, CPI is positioned to meet the growing demands for roadway infrastructure in the years to come.
For more information, visit
www.constructionpartners.net.