Construction Partners Inc
NASDAQ:ROAD
Income Statement
Earnings Waterfall
Construction Partners Inc
Revenue
|
1.6B
USD
|
Cost of Revenue
|
-1.4B
USD
|
Gross Profit
|
217.8m
USD
|
Operating Expenses
|
-133.4m
USD
|
Operating Income
|
84.4m
USD
|
Other Expenses
|
-27.5m
USD
|
Net Income
|
57m
USD
|
Income Statement
Construction Partners Inc
Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||
Revenue |
568
N/A
|
597
+5%
|
605
+1%
|
652
+8%
|
680
+4%
|
684
+1%
|
729
+7%
|
762
+4%
|
783
+3%
|
804
+3%
|
809
+1%
|
798
-1%
|
786
-2%
|
801
+2%
|
812
+1%
|
856
+6%
|
911
+6%
|
1 005
+10%
|
1 069
+6%
|
1 188
+11%
|
1 302
+10%
|
1 359
+4%
|
1 440
+6%
|
1 482
+3%
|
1 564
+6%
|
1 618
+4%
|
|
Gross Profit | |||||||||||||||||||||||||||
Cost of Revenue |
(477)
|
(501)
|
(511)
|
(552)
|
(581)
|
(586)
|
(626)
|
(649)
|
(665)
|
(684)
|
(688)
|
(679)
|
(664)
|
(673)
|
(685)
|
(730)
|
(791)
|
(882)
|
(952)
|
(1 063)
|
(1 162)
|
(1 222)
|
(1 289)
|
(1 311)
|
(1 367)
|
(1 401)
|
|
Gross Profit |
91
N/A
|
95
+5%
|
94
-1%
|
100
+6%
|
100
0%
|
98
-2%
|
104
+6%
|
113
+8%
|
118
+5%
|
121
+2%
|
121
+0%
|
120
-1%
|
122
+2%
|
129
+5%
|
127
-2%
|
126
0%
|
120
-5%
|
122
+2%
|
117
-5%
|
125
+7%
|
139
+12%
|
137
-2%
|
151
+10%
|
171
+13%
|
196
+15%
|
218
+11%
|
|
Operating Income | |||||||||||||||||||||||||||
Operating Expenses |
(48)
|
(50)
|
(52)
|
(54)
|
(55)
|
(57)
|
(59)
|
(60)
|
(63)
|
(65)
|
(67)
|
(68)
|
(69)
|
(72)
|
(79)
|
(86)
|
(91)
|
(95)
|
(96)
|
(99)
|
(107)
|
(112)
|
(119)
|
(125)
|
(127)
|
(133)
|
|
Selling, General & Administrative |
(48)
|
(50)
|
(52)
|
(55)
|
(55)
|
(57)
|
(59)
|
(60)
|
(63)
|
(66)
|
(68)
|
(68)
|
(69)
|
(72)
|
(79)
|
(86)
|
(91)
|
(95)
|
(96)
|
(99)
|
(107)
|
(112)
|
(119)
|
(125)
|
(127)
|
(133)
|
|
Operating Income |
43
N/A
|
45
+5%
|
42
-7%
|
46
+8%
|
44
-3%
|
41
-8%
|
45
+11%
|
53
+16%
|
55
+5%
|
55
N/A
|
54
-3%
|
52
-4%
|
54
+4%
|
57
+7%
|
47
-17%
|
41
-14%
|
29
-28%
|
27
-8%
|
21
-23%
|
25
+20%
|
33
+29%
|
24
-25%
|
31
+27%
|
45
+45%
|
70
+54%
|
84
+21%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||
Interest Income Expense |
(4)
|
(3)
|
(3)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(8)
|
(11)
|
(14)
|
(17)
|
(17)
|
(17)
|
|
Non-Reccuring Items |
2
|
2
|
15
|
17
|
17
|
17
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
1
|
2
|
1
|
1
|
2
|
1
|
3
|
9
|
11
|
12
|
12
|
8
|
|
Total Other Income |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
1
|
0
|
1
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
Pre-Tax Income |
41
N/A
|
44
+7%
|
55
+26%
|
60
+9%
|
60
+0%
|
56
-6%
|
46
-18%
|
54
+16%
|
56
+4%
|
56
+1%
|
53
-6%
|
51
-3%
|
53
+3%
|
56
+7%
|
48
-15%
|
42
-13%
|
29
-31%
|
25
-11%
|
19
-23%
|
22
+11%
|
28
+31%
|
23
-17%
|
29
+23%
|
41
+44%
|
65
+58%
|
76
+16%
|
|
Net Income | |||||||||||||||||||||||||||
Tax Provision |
(15)
|
(15)
|
(18)
|
(17)
|
(15)
|
(14)
|
(11)
|
(13)
|
(14)
|
(14)
|
(13)
|
(12)
|
(13)
|
(14)
|
(12)
|
(12)
|
(8)
|
(8)
|
(6)
|
(6)
|
(7)
|
(6)
|
(7)
|
(10)
|
(16)
|
(19)
|
|
Income from Continuing Operations |
26
|
29
|
37
|
43
|
45
|
42
|
35
|
40
|
42
|
42
|
40
|
38
|
40
|
42
|
36
|
30
|
20
|
18
|
13
|
16
|
21
|
18
|
22
|
31
|
49
|
57
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
1
|
1
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
26
N/A
|
33
+25%
|
41
+26%
|
48
+17%
|
51
+6%
|
45
-12%
|
38
-16%
|
42
+10%
|
43
+3%
|
44
+1%
|
41
-6%
|
39
-4%
|
40
+3%
|
43
+6%
|
36
-15%
|
30
-18%
|
20
-32%
|
18
-12%
|
13
-25%
|
16
+22%
|
21
+32%
|
18
-17%
|
22
+22%
|
31
+44%
|
49
+57%
|
57
+16%
|
|
EPS (Diluted) |
0.51
N/A
|
0.64
+25%
|
0.79
+23%
|
0.93
+18%
|
0.98
+5%
|
0.87
-11%
|
0.73
-16%
|
0.8
+10%
|
0.84
+5%
|
0.84
N/A
|
0.79
-6%
|
0.76
-4%
|
0.78
+3%
|
0.82
+5%
|
0.69
-16%
|
0.57
-17%
|
0.39
-32%
|
0.33
-15%
|
0.25
-24%
|
0.3
+20%
|
0.41
+37%
|
0.34
-17%
|
0.41
+21%
|
0.59
+44%
|
0.94
+59%
|
1.07
+14%
|