Construction Partners, Inc. (ROAD)
NASDAQIndustrialsEngineering & ConstructionSnapshot 2026-09-04
$104.68+1.95%
Close 2026-09-04 · 1-day change
NASDAQIndustrialsEngineering & ConstructionSnapshot 2026-09-04
QuarterlyIQ Insights · ROAD
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within industrials on a research-validated quality screen. As of 2026-09-04.
The screen ranks ROAD against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated neutral grew net income 51% of the time over the next year (vs 60% for the rest of the cohort, n=9249).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Focus on increasing revenue and growing project backlog across the Sunbelt markets.
Stated as a priority in 3 of last 3 quarters. Revenue grew from $571.7 million in 2025-Q2 to $769.2 million in 2026-Q2 (+34.5%), and backlog increased from $2.84 billion at 2025-Q1 to a record $3.14 billion at 2026-Q1. The company raised its fiscal 2026 revenue outlook from $3.4-$3.5 billion to $3.59-$3.65 billion. Management is delivering on revenue growth and backlog expansion as emphasized.
“Backlog to a record $3.14 billion at March 31, 2026, compared to $2.84 billion at March 31, 2025”
“We delivered a strong quarter, driven by exceptional execution across the business... raising our fiscal 2026 outlook”
“The Company’s outlook for fiscal year 2026 with regard to revenue... in the range of $3.400 billion to $3.500 billion”
Focus on increasing operating income and profitability margins through operational excellence and cost management.
Stated as a priority in 3 of last 3 quarters. Operating income increased from $41.1 million in 2025-Q1 to $50.4 million in 2026-Q1, and Adjusted EBITDA grew 34.6% to $93.3 million in 2026-Q2 from $69.3 million in 2025-Q2. Net income also rose from $4.2 million to $9.2 million over the same period. Management is delivering improved profitability and operating income.
Pursue acquisitions to strengthen vertical integration and expand presence in key Sunbelt markets.
Stated as a priority in 3 of last 3 quarters. Management completed multiple acquisitions including Four Star Paving in Tennessee and two Oklahoma-based companies, Asphalt Express and Ellsworth Construction, expanding geographic footprint and vertical integration. The trajectory shows active execution of acquisition strategy.
“Acquired Asphalt Express Enterprises, LLC to add liquid asphalt supply and transportation capabilities in Oklahoma and North Texas”
Focus on improving cash generation from operations to support growth and capital needs.
Stated as a priority in 2 of last 2 quarters. Net cash provided by operating activities increased from $96.3 million in the first half of 2025 to $147.8 million in the first half of 2026. This shows management is delivering improved cash flow from operations.
Deploy capital to repurchase shares as part of disciplined capital allocation strategy.
Stated as a priority in 2 of last 2 quarters. The company repurchased treasury stock costing $25.97 million in the first half of 2026 and announced a material definitive agreement for share buyback in June 2026. Management is actively implementing the share repurchase program.
Over the trailing year it converted 4.48x of net income into operating cash flow. Historically, Industrials names rated robust grew net income 58% of the time over the next year (vs 54% for the rest of the cohort, n=4997).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
15 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Industrials names rated volatile grew net income 58% of the time over the next year (vs 57% for the rest of the cohort, n=2592).
Not investment advice. As of 2026-09-04.
“Adjusted EBITDA increased 34.6% to $93.3 million compared to $69.3 million in prior year quarter”
“Operating income was $50.4 million in 2026-Q1, compared to $41.1 million in 2025-Q1”
“Operating income was $100.8 million in 2025-Q4, compared to $82.9 million in 2025-Q3”
“Acquired Ellsworth Construction, LLC expanding presence in Tulsa and Oklahoma City markets”
“Completed acquisition of Four Star Paving in Tennessee, strengthening vertical integration and scale”
“Net cash provided by operating activities, net of business acquisitions, was $147.8 million for six months ended March 31, 2026”
“Net cash provided by operating activities was $96.3 million for six months ended March 31, 2025”
“Entry into a Material Definitive Agreement for share buyback announced June 18, 2026”
“Share repurchases of treasury stock totaling $25.97 million in first six months of 2026”