Construction Partners, Inc.
NASDAQCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Fred J. Smith
- Full Time Employees
- 6,412
- Sector
- Industrials
- Industry
- Engineering & Construction
- Address
- 290 Healthwest Drive Dothan AL United States of America 36303
- IPO Date
- May 3, 2018
- Website
- constructionpartners.net
- Similar Companies
- Business
- Construction Partners, Inc. is a vertically integrated civil infrastructure company specializing in the construction and maintenance of transportation networks and infrastructure across the Sunbelt region of the United States. The company offers a comprehensive range of products and services including the manufacture and distribution of hot mix asphalt; paving activities such as the construction of roadway base layers and asphalt pavement application; site development services including utility and drainage system installation; aggregate supply; and other roadway and infrastructure construction services. Its infrastructure projects encompass highways, roads, bridges, airport runways, and commercial and residential site developments. Construction Partners operates through 45 hot mix asphalt plants, nine aggregate facilities, and two liquid asphalt terminals, serving public and private sector clients primarily in Alabama, Florida, Georgia, North Carolina, South Carolina, and Tennessee. The company targets public infrastructure projects focused on maintenance and capacity expansion as well as private sector projects including paving and sitework for industrial parks, office complexes, shopping centers, and residential developments. Founded in 2001 and headquartered in Dothan, Alabama, Construction Partners is publicly traded under the ticker symbol ROAD. In the last two years, the company has executed a strategic growth plan focused on geographic expansion and financial performance improvement. It completed eight acquisitions in fiscal 2024 which expanded its footprint into new high-growth markets including the entry into Texas with the acquisition of Lone Star Paving, and added significant hot mix asphalt plants and related operations. In fiscal 2025, Construction Partners continued this expansion with five additional acquisitions, entering new markets such as Oklahoma and the Houston metropolitan area through the purchase of Durwood Greene Construction Co. and other local operators in Florida. These acquisitions strengthened its presence across the Sunbelt, enhanced its service capabilities, and increased its project backlog to a record $3.0 billion. The company has emphasized disciplined project execution, operational excellence, and vertical integration as key drivers of margin expansion and revenue growth, with fiscal 2025 revenues up 54% compared to the prior year. Construction Partners remains focused on leveraging ongoing infrastructure investment, population growth, and commercial demand in its markets to sustain organic growth coupled with acquisitive expansion. Through its network of subsidiaries and acquired companies, Construction Partners delivers a broad portfolio of infrastructure solutions tailored to meet the complex demands of public and private infrastructure projects, underpinned by a commitment to safety, quality, and long-term value creation for shareholders and stakeholders within the growing Sunbelt economic region.
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