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ROAD (Construction Partners) Gross Profit : $283 Mil (TTM As of Dec. 2024)


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What is Construction Partners Gross Profit?

Construction Partners's gross profit for the three months ended in Dec. 2024 was $77 Mil. Construction Partners's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $283 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Construction Partners's gross profit for the three months ended in Dec. 2024 was $77 Mil. Construction Partners's Revenue for the three months ended in Dec. 2024 was $562 Mil. Therefore, Construction Partners's Gross Margin % for the quarter that ended in Dec. 2024 was 13.63%.

Construction Partners had a gross margin of 13.63% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 9 years, the highest Gross Margin % of Construction Partners was 16.01%. The lowest was 10.70%. And the median was 14.16%.

Warning Sign:

Construction Partners Inc gross margin has been in long-term decline. The average rate of decline per year is -3.3%.


Construction Partners Gross Profit Historical Data

The historical data trend for Construction Partners's Gross Profit can be seen below:

* 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.

* Premium members only.

Construction Partners Gross Profit Chart

Construction Partners Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Gross Profit
Get a 7-Day Free Trial Premium Member Only 122.21 119.94 139.30 196.39 258.25

Construction Partners Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.88 38.80 83.49 84.08 76.57

Competitive Comparison of Construction Partners's Gross Profit

For the Engineering & Construction subindustry, Construction Partners's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Construction Partners's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Construction Partners's Gross Profit distribution charts can be found below:

* The bar in red indicates where Construction Partners's Gross Profit falls into.


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Construction Partners Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Construction Partners's Gross Profit for the fiscal year that ended in Sep. 2024 is calculated as

Gross Profit (A: Sep. 2024 )=Revenue - Cost of Goods Sold
=1823.889 - 1565.635
=258

Construction Partners's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=561.58 - 485.009
=77

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $283 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Construction Partners's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=77 / 561.58
=13.63 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Construction Partners  (NAS:ROAD) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Construction Partners had a gross margin of 13.63% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Construction Partners Gross Profit Related Terms

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Construction Partners Business Description

Traded in Other Exchanges
Address
290 Healthwest Drive, Suite 2, Dothan, AL, USA, 36303
Construction Partners Inc operates as a civil infrastructure company. It specializes in the construction and maintenance of roadways. The company through its subsidiaries, provides various products and services to both public and private infrastructure projects, with an emphasis on highways, roads, bridges, airports, and commercial and residential developments. Its operations consist of manufacturing and distributing hot mix asphalt, paving activities, including the construction of roadway base layers and application of asphalt pavement, site development, including the installation of utility and drainage systems, and others. The company has a single segment which predominantly consists of infrastructure and road construction, and operates across various states in the United States.
Executives
Todd Keith Andrews officer: Chief Accounting Officer 290 HEALTHWEST DRIVE, SUITE 2, DOTHAN AL 36303
John L Harper officer: Senior Vice President 170 EAST MAIN STREET, DOTHAN AL 36301
Charles E Owens director, officer: See Remarks 290 HEALTHWEST DRIVE, SUITE 2, DOTHAN AL 36303
Suntx Capital Ii Management Corp. director, 10 percent owner 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240
Robert P. Flowers officer: Senior Vice President 3372 CAPITAL CIRCLE NE, TALLAHASSEE FL 32308
Mark R Matteson director, 10 percent owner 290 HEALTHWEST DRIVE, SUITE 2, DOTHAN AL 36303
Stefan L Shaffer director 290 HEALTHWEST DRIVE, SUITE 2, DOTHAN AL 36303
Noreen E Skelly director 8214 WESTCHESTER DRIVE, SUITE 400, DALLAS TX 75225
Craig Jennings director, 10 percent owner 5204 LAKECREET CT., PLANO TX 75093
Suntx Cpi Capital Management Corp. director, 10 percent owner 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240
Fleming Ned N. Iv other: Member of 10% owner group 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240
Ned N. Fleming, Iv 2013 Trust other: Member of 10% owner group 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240
Suntx Capital Partners Ii Lp director, 10 percent owner TWO LINCOLN CENTRE, 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240
Suntx Capital Partners Ii Dutch Investors Lp director, 10 percent owner TWO LINCOLN CENTRE, 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240
Suntx Cpi Expansion Fund Gp, L.p. director, 10 percent owner 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75214