Construction Partners Inc (ROAD) - Net Assets
Based on the latest financial reports, Construction Partners Inc (ROAD) has net assets worth $969.15 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.36 Billion) and total liabilities ($2.39 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Construction Partners Inc (ROAD) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $969.15 Million |
| % of Total Assets | 28.86% |
| Annual Growth Rate | 21.65% |
| 5-Year Change | 123.03% |
| 10-Year Change | N/A |
| Growth Volatility | 30.2 |
Construction Partners Inc - Net Assets Trend (2016–2025)
This chart illustrates how Construction Partners Inc's net assets have evolved over time, based on quarterly financial data. Also explore ROAD total assets for the complete picture of this company's asset base.
Annual Net Assets for Construction Partners Inc (2016–2025)
The table below shows the annual net assets of Construction Partners Inc from 2016 to 2025. For live valuation and market cap data, see how much is Construction Partners Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $911.96 Million | +58.95% |
| 2024-09-30 | $573.74 Million | +11.07% |
| 2023-09-30 | $516.57 Million | +13.31% |
| 2022-09-30 | $455.88 Million | +11.49% |
| 2021-09-30 | $408.90 Million | +6.15% |
| 2020-09-30 | $385.19 Million | +12.12% |
| 2019-09-30 | $343.55 Million | +14.72% |
| 2018-09-30 | $299.47 Million | +96.78% |
| 2017-09-30 | $152.18 Million | -2.62% |
| 2016-09-30 | $156.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Construction Partners Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1445.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $416.99 Million | 45.72% |
| Common Stock | $59.00K | 0.01% |
| Other Comprehensive Income | $4.37 Million | 0.48% |
| Other Components | $490.54 Million | 53.79% |
| Total Equity | $911.96 Million | 100.00% |
Construction Partners Inc Competitors by Market Cap
The table below lists competitors of Construction Partners Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mycronic publ AB
ST:MYCR
|
$6.07 Billion |
|
United Tractors Tbk PT
JK:UNTR
|
$6.08 Billion |
|
Turkiye Halk Bankasi
IS:HALKB
|
$6.09 Billion |
|
Lamb Weston Holdings Inc
NYSE:LW
|
$6.09 Billion |
|
ESAB Corp
NYSE:ESAB
|
$6.07 Billion |
|
Wyndham Hotels & Resorts Inc
NYSE:WH
|
$6.07 Billion |
|
Janus Henderson Group PLC
F:HDJA
|
$6.06 Billion |
|
Ternium S.A
F:T5Z
|
$6.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Construction Partners Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 573,740,000 to 911,963,000, a change of 338,223,000 (59.0%).
- Net income of 101,769,000 contributed positively to equity growth.
- Share repurchases of 23,542,000 reduced equity.
- Other comprehensive income decreased equity by 3,133,000.
- Other factors increased equity by 263,129,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $101.77 Million | +11.16% |
| Share Repurchases | $23.54 Million | -2.58% |
| Other Comprehensive Income | $-3.13 Million | -0.34% |
| Other Changes | $263.13 Million | +28.85% |
| Total Change | $- | 58.95% |
Book Value vs Market Value Analysis
This analysis compares Construction Partners Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 7.68x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 41.14x to 7.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-09-30 | $3.08 | $126.53 | x |
| 2017-09-30 | $2.99 | $126.53 | x |
| 2018-09-30 | $6.52 | $126.53 | x |
| 2019-09-30 | $6.68 | $126.53 | x |
| 2020-09-30 | $7.46 | $126.53 | x |
| 2021-09-30 | $7.90 | $126.53 | x |
| 2022-09-30 | $8.77 | $126.53 | x |
| 2023-09-30 | $9.88 | $126.53 | x |
| 2024-09-30 | $10.91 | $126.53 | x |
| 2025-09-30 | $16.47 | $126.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Construction Partners Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.16%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.62%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 3.55x
- Recent ROE (11.16%) is below the historical average (11.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 14.09% | 4.06% | 1.70x | 2.04x | $6.39 Million |
| 2017 | 17.11% | 4.58% | 1.73x | 2.16x | $10.82 Million |
| 2018 | 16.96% | 7.47% | 1.37x | 1.66x | $20.84 Million |
| 2019 | 12.55% | 5.51% | 1.47x | 1.55x | $8.77 Million |
| 2020 | 10.46% | 5.13% | 1.25x | 1.63x | $1.78 Million |
| 2021 | 4.93% | 2.22% | 1.13x | 1.97x | $-20.71 Million |
| 2022 | 4.69% | 1.64% | 1.19x | 2.40x | $-24.21 Million |
| 2023 | 9.49% | 3.13% | 1.28x | 2.36x | $-2.66 Million |
| 2024 | 12.02% | 3.78% | 1.18x | 2.69x | $11.56 Million |
| 2025 | 11.16% | 3.62% | 0.87x | 3.55x | $10.57 Million |
Industry Comparison
This section compares Construction Partners Inc's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,104,036,845
- Average return on equity (ROE) among peers: -9.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Construction Partners Inc (ROAD) | $969.15 Million | 14.09% | 2.47x | $6.07 Billion |
| Arcosa Inc (ACA) | $2.18 Billion | 11.25% | 0.53x | $5.50 Billion |
| Aecom Technology Corporation (ACM) | $2.37 Billion | 16.97% | 4.09x | $10.87 Billion |
| Argan Inc (AGX) | $41.87 Million | -7.66% | 2.48x | $6.36 Billion |
| Ameresco Inc (AMRC) | $289.54 Million | 1.03% | 1.52x | $1.09 Billion |
| Api Group Corp (APG) | $2.87 Billion | 5.33% | 1.65x | $19.15 Billion |
| Concrete Pumping Holdings Class A (BBCP) | $267.11 Million | -22.93% | 1.90x | $342.26 Million |
| Topbuild Corp (BLD) | $1.93 Billion | 28.81% | 1.39x | $12.32 Billion |
| Blink Charging Co (BLNK) | $7.43 Million | -129.79% | 0.61x | $95.19 Million |
| Bowman Consulting Group Ltd (BWMN) | $122.86 Million | 4.07% | 1.08x | $483.57 Million |
| Cadeler A/S (CDLR) | $959.04 Million | 1.20% | 0.31x | $2.10 Billion |
About Construction Partners Inc
Construction Partners, Inc., a civil infrastructure company, constructs and maintains roadways in Alabama, Florida, Georgia, North Carolina, Oklahoma, South Carolina, Tennessee, and Texas. The company provides various products and services to public and private infrastructure projects, such as highways, roads, bridges, airports, and commercial and residential developments. It also engages in manu… Read more