Builds and repaves roads, highways, and bridges across eight US states, plus makes the asphalt and aggregates used in them. Think of them as the local road crew that also owns the quarry and the asphalt plant.
Money comes from government and private construction contracts, with revenue at USD 2.81B in fiscal 2025. Gross margin is thin at 15.76%, but the business is recurring because roads need constant maintenance and repair.
Local permits, heavy equipment, and long-standing government relationships create barriers for new entrants, but large national players like Granite Construction and Sterling Infrastructure can bid on the same projects. Moat is eroding as bigger competitors pu
Sell (sector percentile 25) — value B-, growth B+, profitability C-, momentum C-, revisions C+. Updated daily, sector-relative, identical for every user.
Key events, in time order
Post-earnings, options IV rises; stock flagged among today's active movers
Listed in multiple pre-open earnings calendars, capping a busy earnings week
Institutional buying in Q1 signals confidence
Index inclusion may drive passive inflows, enhancing liquidity and institutional interest
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