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ROAD (Construction Partners) Retained Earnings : $312 Mil (As of Dec. 2024)


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What is Construction Partners Retained Earnings?

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 Dec. 2024 was $312 Mil.

Construction Partners's quarterly retained earnings increased from Jun. 2024 ($286 Mil) to Sep. 2024 ($315 Mil) but then declined from Sep. 2024 ($315 Mil) to Dec. 2024 ($312 Mil).

Construction Partners's annual retained earnings increased from Sep. 2022 ($197 Mil) to Sep. 2023 ($246 Mil) and increased from Sep. 2023 ($246 Mil) to Sep. 2024 ($315 Mil).


Construction Partners Retained Earnings Historical Data

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.

* Premium members only.

Construction Partners Retained Earnings Chart

Construction Partners Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 155.72 175.90 197.27 246.28 315.21

Construction Partners Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Retained Earnings 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 256.12 254.99 285.90 315.21 312.16

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  (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 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