Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Construction Partners's retained earnings for the quarter that ended in Mar. 2026 was $443 Mil.
Construction Partners's quarterly retained earnings
increased
from Sep. 2025 ($417 Mil) to Dec. 2025 ($434 Mil) and
increased
from Dec. 2025 ($434 Mil) to Mar. 2026 ($443 Mil).
Construction Partners's annual retained earnings
increased
from Sep. 2023 ($246 Mil) to Sep. 2024 ($315 Mil) and
increased
from Sep. 2024 ($315 Mil) to Sep. 2025 ($417 Mil).
Construction Partners (NAS:ROAD) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Construction Partners Retained Earnings Historical Data
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The historical data trend for Construction Partners's Retained Earnings 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.
Construction Partners Retained Earnings Calculation
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
Construction Partners (ROAD) has a Retained Earnings of $443 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Construction Partners and its competitors.
Is Construction Partners' Retained Earnings too high?
Construction Partners' current Retained Earnings is $443 Mil. Overall, Construction Partners has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Construction Partners' Retained Earnings compare to GVA and ACA?
Construction Partners' Retained Earnings of $443 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Construction company?
A good Retained Earnings depends on the Construction industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Construction Partners and its competitors. Construction Partners's current Retained Earnings is $443 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Construction Partners stock overvalued right now?
Based on GuruFocus' analysis, Construction Partners (ROAD) is currently considered Fairly Valued. The stock's GF Value™ is $121.23, compared to a current price of $111.14 — trading 8.3% below its estimated fair value. The current Retained Earnings is $443 Mil. Construction Partners' overall GF Score™ is 92/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Construction Partners (ROAD), the current Retained Earnings is $443 Mil 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.
Is Construction Partners (ROAD) Overvalued in 2026?
Based on GuruFocus' analysis, Construction Partners stock appears to be undervalued.
The current stock price of $111.14 is trading 8.3% below its estimated GF Value™ of $121.23.
GuruFocus considers Construction Partners to be Fairly Valued.
Key valuation signals for ROAD:
Retained Earnings: $443 Mil
GF Value™: $121.23 vs. price of $111.14 (8.3% below fair value)
No single metric tells the full story. See the ROAD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
92GF Score
Get the complete analysis for ROAD
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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