- Construction Partners Inc (NASDAQ:ROAD) reported a 51% increase in revenue, reaching $779.3 million in its fiscal 2025 third-quarter results.
- The company achieved a record backlog of $2.94 billion, indicating strong demand for its civil infrastructure services.
- ROAD’s stock has seen a notable increase of 11.94%, with a market capitalization of approximately $5.86 billion.
Construction Partners Inc (NASDAQ:ROAD) is a key player in the civil infrastructure sector, focusing on projects in the Southeastern and Southwestern United States. The company is known for its acquisition-focused strategy, which has helped it expand its operations and increase its market presence. As of August 8, 2025, Andrew Wittmann from Robert W. Baird set a price target of $122 for ROAD, suggesting a potential upside of 16.65% from its current trading price of $104.59.
In its fiscal 2025 third-quarter results, Construction Partners reported a 51% increase in revenue, reaching $779.3 million. Although this figure slightly missed the analyst consensus estimate of $783.6 million, it still reflects significant growth. The company’s non-GAAP earnings per share were $0.81, just below the expected $0.82. Despite these minor shortfalls, the company achieved a record backlog of $2.94 billion, indicating strong demand for its services.
The company’s adjusted EBITDA margins expanded in both the second and third quarters, highlighting its successful execution of its strategic initiatives. This performance is particularly impressive given the challenges faced, such as weather-related delays and record rainfall in many Sunbelt markets. The company’s ability to generate substantial cash flow and achieve a record high in adjusted EBITDA underscores its operational efficiency.
ROAD’s stock has seen a notable increase of 11.94%, translating to a rise of $11.16. The stock has fluctuated between a low of $96.16 and a high of $105.06 today. Over the past year, it has reached a high of $114.74 and a low of $56.52. With a market capitalization of approximately $5.86 billion and a trading volume of 1,101,451 shares, Construction Partners remains a significant player in the market.
