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Cardinal Infrastructure GroupCDNL -11.02%19 Debt-to-Equity is 3.23 as of Mar. 2026, which is 21% below its 10-year median of 4.08. GuruFocus rates CDNL with a GF Score™ of 19/100. Among 1,610 Construction companies, Cardinal Infrastructure Group ranks worse than 96.02% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Cardinal Infrastructure Group's Debt-to-Equity or its related term are showing as below:
CDNL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 2.35 Med: 4.08 Max: 124.62
Current: 3.23
During the past 3 years, the highest Debt-to-Equity Ratio of Cardinal Infrastructure Group was 124.62. The lowest was 2.35. And the median was 4.08.
CDNL's Debt-to-Equity is ranked worse than 96.02% of 1610
companies
in the Construction industry
Industry Median: 0.41
vs CDNL: 3.23
Cardinal Infrastructure Group (NAS:CDNL) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Cardinal Infrastructure Group Debt-to-Equity Related Terms
Cardinal Infrastructure Group Debt-to-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cardinal Infrastructure Group Debt-to-Equity Chart
CDNL vs AMRC, WLDN, ITG: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, Cardinal Infrastructure Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cardinal Infrastructure Group Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, Cardinal Infrastructure Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Cardinal Infrastructure Group's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cardinal Infrastructure Group (CDNL) has a Debt-to-Equity of 3.23 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Cardinal Infrastructure Group and its competitors. This is 21% below median its historical median of 4.08. Over the past decade, Cardinal Infrastructure Group's Debt-to-Equity has ranged from 2.35 to 124.62. According to the industry distribution chart, Cardinal Infrastructure Group ranks #1546 out of 1610 companies in the Construction industry, placing it in the top 96%.
Is Cardinal Infrastructure Group's Debt-to-Equity too high?
Cardinal Infrastructure Group's current Debt-to-Equity of 3.23 is 21% below median its 10-year median of 4.08. Over the past 10 years, this metric has ranged from a low of 2.35 to a high of 124.62. The Construction industry median Debt-to-Equity is 0.41. Cardinal Infrastructure Group's value of 3.23 is 687.8% above this industry median. Based on the distribution chart, Cardinal Infrastructure Group ranks #1546 out of 1610 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Cardinal Infrastructure Group has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Cardinal Infrastructure Group's Debt-to-Equity compare to AMRC and WLDN?
According to the Construction industry distribution chart, Cardinal Infrastructure Group ranks #1546 out of 1610 companies for Debt-to-Equity. This places Cardinal Infrastructure Group in the lower half of its industry. The industry median Debt-to-Equity is 0.41. Cardinal Infrastructure Group's value of 3.23 is 687.8% above this benchmark. Historically, Cardinal Infrastructure Group's own Debt-to-Equity has ranged from 2.35 to 124.62 over the past decade. While the company's 10-year median is 4.08 vs. the industry median of 0.41, Cardinal Infrastructure Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Construction company?
The median Debt-to-Equity among Construction companies is 0.41, based on 1,610 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cardinal Infrastructure Group's current Debt-to-Equity of 3.23 is 687.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Cardinal Infrastructure Group and its competitors. For the Construction industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cardinal Infrastructure Group's current Debt-to-Equity is 3.23, which is 21% below median its own 10-year median of 4.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cardinal Infrastructure Group stock overvalued right now?
Cardinal Infrastructure Group (CDNL) has a current Debt-to-Equity of 3.23. The current Debt-to-Equity is 3.23, which is 21% below median its 10-year median of 4.08 and 687.8% above the Construction industry median of 0.41. Cardinal Infrastructure Group's overall GF Score™ is 19/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Cardinal Infrastructure Group (CDNL), the current Debt-to-Equity is 3.23 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Cardinal Infrastructure Group Business Description
Cardinal Infrastructure Group Inc provides a comprehensive suite of infrastructure services to the residential, commercial, industrial, municipal, and state infrastructure markets. The company provides wet utility installations (water, sewer, and stormwater systems), as well as grading, site clearing, erosion control, drilling and blasting, paving, and other related site services. It derives all revenue in the United States of America from construction projects based in North Carolina and South Carolina.
19GF Score
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