Construction Partners, Inc.
For the period ended Sep 30, 2025. Filed Nov 25, 2025.
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FY2025 · Filed Nov 25, 2025
ROAD$85.30+10.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets at and
| September 30, | ||
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $156,062 | $74,686 |
| Restricted cash | 2,953 | 1,998 |
| Contracts receivable including retainage, net | 549,884 | 350,811 |
| Costs and estimated earnings in excess of billings on uncompleted contracts | 45,340 | 25,966 |
| Inventories | 155,133 | 106,704 |
| Prepaid expenses and other current assets | 25,459 | 24,841 |
| Total current assets | 934,831 | 585,006 |
| Property, plant and equipment, net | 1,153,070 | 629,924 |
| Operating lease right-of-use assets | 76,355 | 38,932 |
| Goodwill | 943,309 | 231,656 |
| Intangible assets, net | 79,230 | 20,549 |
| Investment in joint venture | 72 | 84 |
| Restricted investments | 23,176 | 18,020 |
| Other assets | 28,813 | 17,964 |
| Total assets | $3,238,856 | $1,542,135 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $284,218 | $182,572 |
| Billings in excess of costs and estimated earnings on uncompleted contracts | 129,300 | 120,065 |
| Current portion of operating lease liabilities | 19,867 | 9,065 |
| Current maturities of long-term debt | 38,500 | 26,563 |
| Accrued expenses and other current liabilities | 110,163 | 42,189 |
| Total current liabilities | 582,048 | 380,454 |
| Long-term liabilities: | ||
| Long-term debt, net of current maturities and deferred debt issuance costs | 1,573,614 | 486,961 |
| Operating lease liabilities, net of current portion | 57,201 | 30,661 |
| Deferred income taxes, net | 80,079 | 53,852 |
| Other long-term liabilities | 33,951 | 16,467 |
| Total long-term liabilities | 1,744,845 | 587,941 |
| Total liabilities | 2,326,893 | 968,395 |
| Commitments and contingencies | ||
| Stockholders’ Equity: | ||
| Preferred stock, par value $0.001; 10,000,000 shares authorized at September 30, 2025 and September 30, 2024 and no shares issued and outstanding | — | — |
| Class A common stock, par value $0.001; 400,000,000 shares authorized, 47,963,617 shares issued and 47,406,498 shares outstanding at September 30, 2025, and 44,062,830 shares issued and 43,819,102 shares outstanding at September 30, 2024 | 47 | 44 |
| Class B common stock, par value $0.001; 100,000,000 shares authorized, 11,463,770 shares issued and 8,538,165 shares outstanding at September 30, 2025, and 11,784,650 shares issued and 8,861,698 shares outstanding at September 30, 2024 | 12 | 12 |
| Additional paid-in capital | 541,179 | 278,065 |
| Treasury stock, Class A common stock, par value $0.001, at cost, 557,119 shares at September 30, 2025, and 243,728 shares at September 30, 2024 | (34,589) | (11,490) |
| Treasury stock, Class B common stock, par value $0.001, at cost, 2,925,605 shares at September 30, 2025 and 2,922,952 shares at September 30, 2024 | (16,046) | (15,603) |
| Accumulated other comprehensive income, net | 4,369 | 7,502 |
| Retained earnings | 416,991 | 315,210 |
| Total stockholders’ equity | 911,963 | 573,740 |
| Total liabilities and stockholders’ equity | $3,238,856 | $1,542,135 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.