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Companies / Industrials / Construction Partners, Inc.
ROAD

Construction Partners, Inc.

IndustrialsConstruction
Ticker ROADDOTHAN, ALFiscal year ends SeptemberBook value per share $18.52Diluted shares 56.2M

Construction Partners, Inc. (Nasdaq: ROAD) builds and maintains roadways across Alabama, Florida, Georgia, North Carolina, Oklahoma, South Carolina, Tennessee and Texas, serving public agencies, commercial and residential developers, and other businesses. Its work spans highways, roads, bridges, airports and… From the company’s description.

In fiscal 2025, Construction Partners, Inc. reported revenue of $2.81B, up 54.2% from fiscal 2024, and net income of $101.78M. Its operating margin was 8.0%, and operations generated $291.30M in cash. Over the twelve months to Jun 30, 2026, revenue was $3.48B.

Fiscal year 2025 · ends 09-30Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$2.81BFY2025
+54.2% year over year
Last 12 mo $3.48B
7.99%FY2025
+1.9 percentage points
Last 12 mo 8.57%
$101.78MFY2025
+47.6% year over year
Last 12 mo $142.51M
11.16%FY2025
−0.9 percentage points
Last 12 mo 13.69%
Cash & financing
$291.30MFY2025
+39.3% year over year
Last 12 mo $352.84M
$153.37MFY2025
+26.6% year over year
Last 12 mo $175.56M
1.77FY2025
Was 0.90× a year earlier
Last 12 mo 1.72
55.4MFY2025
+5.3% year over year
Last 12 mo 56.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Construction Partners, Inc. does

In the company’s own words

Construction Partners, Inc. (Nasdaq: ROAD) builds and maintains roadways across Alabama, Florida, Georgia, North Carolina, Oklahoma, South Carolina, Tennessee and Texas, serving public agencies, commercial and residential developers, and other businesses. Its work spans highways, roads, bridges, airports and development sites, including paving, site development, utility and drainage construction, and infrastructure maintenance. The company also manufactures and sells hot mix asphalt, mines and sells aggregates, and distributes liquid asphalt cement for its own projects and third-party customers. Publicly funded projects and third-party sales represented about 65% of fiscal 2025 revenue, while private work and sales accounted for about 35%; state Department of Transportation projects represented 43.4%. Construction Partners operates through subsidiaries, with activities organized around construction and the production and sale of paving materials rather than separately described reportable segments. Formed in 2007 as a holding company to pursue acquisitions, it completed five acquisitions during fiscal 2025, expanding into Texas and Oklahoma. Fiscal 2025 revenue was supported by a workforce of 6,412 employees at September 30, 2025. Its website is www.constructionpartners.net.

Company details
Sector
Industrials
Industry (SIC)
Construction
Headquarters
DOTHAN, AL
Fiscal year end
September
CIK
1718227
SIC
1600

Financial performance, year by year

Fiscal 2018–2025 · USD
$-347.79M$695.59M$1.74B$2.78B$3.83B20182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Construction Partners, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

343
funds hold it
1 of 35
superinvestors hold it
$3.26B
held by funds, at market
56.5%
of shares held by funds

Superinvestors in Construction Partners, Inc. · what they did last quarter

Polen CapitalDECREASED -15.3%
Polen Capital Management
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Construction Partners, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.18%of fund net assets
First Trust RBA American Industrial Renaissance ETF
AIRR · First Trust Exchange-Traded Fund VI
1.15%of fund net assets
Strategic Advisers Fidelity U.S. Total Stock Fund
FCTDX · Fidelity Rutland Square Trust II
0.05%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.06%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Construction Partners, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Construction Partners, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Construction Partners, Inc.'s last four quarterly filings that the numbers alone won't show?”
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