Great Lakes Dredge & Dock Corp Financials
Great Lakes Dredge & Dock Corp (GLDD) reported $888.3M in revenue for fiscal year 2025, up 16.5% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Working-capital release and stronger project margins turned a historically cash-hungry operation into a free-cash-flow producer in FY2025.
FY2025 operating cash flow of$246.7M was more than 3x net income of$73.5M , so the year’s cash generation was far stronger than the income statement alone suggests. Because receivables fell while revenue still increased versus FY2024, the jump reflects working-capital release as well as better profitability, which helped flip free cash flow to$99.5M after two negative years.
From FY2023 to FY2025, gross margin expanded from
The capital structure improved, with debt to equity falling to 0.7x from 1.0x as retained earnings rebuilt equity. But liquidity stayed tight, with cash of just
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Great Lakes Dredge & Dock Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Great Lakes Dredge & Dock Corp has an operating margin of 14.4%, meaning the company retains $14 of operating profit per $100 of revenue. This results in a moderate score of 63/100, indicating healthy but not exceptional operating efficiency. This is up from 12.2% the prior year.
Great Lakes Dredge & Dock Corp's revenue surged 16.5% year-over-year to $888.3M, reflecting rapid business expansion. This strong growth earns a score of 84/100.
Great Lakes Dredge & Dock Corp has elevated debt relative to equity (D/E of 0.73), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 29/100, reflecting increased financial risk.
Great Lakes Dredge & Dock Corp's current ratio of 1.01 is below the typical benchmark, resulting in a score of 19/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Great Lakes Dredge & Dock Corp's free cash flow margin of 11.2% results in a low score of 28/100. Capital expenditures of $147.2M absorb a large share of operating cash flow.
Great Lakes Dredge & Dock Corp's ROE of 14.2% shows moderate profitability relative to equity, earning a score of 57/100. This is up from 12.8% the prior year.
Great Lakes Dredge & Dock Corp scores 2.13, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Great Lakes Dredge & Dock Corp passes 8 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Great Lakes Dredge & Dock Corp generates $3.36 in operating cash flow ($246.7M OCF vs $73.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Great Lakes Dredge & Dock Corp generated $888.3M in revenue in fiscal year 2025. This represents an increase of 16.5% from the prior year.
Great Lakes Dredge & Dock Corp's EBITDA was $171.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 26.4% from the prior year.
Great Lakes Dredge & Dock Corp reported $73.5M in net income in fiscal year 2025. This represents an increase of 28.3% from the prior year.
Great Lakes Dredge & Dock Corp earned $1.08 per diluted share (EPS) in fiscal year 2025. This represents an increase of 28.6% from the prior year.
Cash & Balance Sheet
Great Lakes Dredge & Dock Corp generated $99.5M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 280.6% from the prior year.
Great Lakes Dredge & Dock Corp held $13.4M in cash against $378.2M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Great Lakes Dredge & Dock Corp's gross margin was 22.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 1.9 percentage points from the prior year.
Great Lakes Dredge & Dock Corp's operating margin was 14.4% in fiscal year 2025, reflecting core business profitability. This is up 2.2 percentage points from the prior year.
Great Lakes Dredge & Dock Corp's net profit margin was 8.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.8 percentage points from the prior year.
Great Lakes Dredge & Dock Corp's ROE was 14.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.5 percentage points from the prior year.
Capital Allocation
Great Lakes Dredge & Dock Corp spent $11.6M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
Great Lakes Dredge & Dock Corp invested $147.2M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 17.6% from the prior year.
Not reported for fiscal year 2025.
GLDD Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $888.3M+16.5% | $762.7M+29.4% | $589.6M-9.1% | $648.8M-10.7% | $726.1M-1.0% | $733.6M+3.1% | $711.5M+14.6% | $620.8M-11.6% | $702.5M-8.5% | $767.6M-10.4% | $856.9M+6.2% | $806.8M+10.3% | $731.4M+24.3% | $588.4M+13.1% | $520.1M |
| Cost of Revenue | $684.8M+13.7% | $602.1M+17.6% | $511.9M-17.1% | $617.6M+6.3% | $580.9M+3.3% | $562.4M+0.8% | $557.8M+9.5% | $509.3M-7.3% | $549.4M-0.5% | $552.1M | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | $203.5M+26.7% | $160.6M+106.6% | $77.7M+149.4% | $31.2M-78.5% | $145.3M-15.2% | $171.2M+11.4% | $153.8M+37.9% | $111.5M+160.8% | $42.7M-49.9% | $85.3M-11.0% | $95.9M+3.7% | $92.5M-7.8% | $100.3M+28.3% | $78.2M-5.4% | $82.6M |
| SG&A Expenses | $78.0M+10.2% | $70.8M+24.0% | $57.1M+11.6% | $51.1M-17.7% | $62.1M-1.0% | $62.8M+6.2% | $59.1M+7.3% | $55.1M-3.7% | $57.2M+3.6% | $55.3M-22.2% | $71.1M+4.7% | $67.9M-0.2% | $68.0M+48.8% | $45.7M+11.8% | $40.9M |
| Operating Income | $127.8M+37.7% | $92.8M+228.9% | $28.2M+201.7% | -$27.7M-133.2% | $83.4M-25.4% | $111.8M+13.9% | $98.1M+86.5% | $52.6M+372.7% | -$19.3M-171.5% | $27.0M+17.5% | $23.0M-3.7% | $23.9M-53.6% | $51.4M+57.5% | $32.6M-39.0% | $53.5M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -$24.4M-22.0% | -$20.0M+9.0% | -$21.9M-4.9% | -$20.9M+2.1% | -$21.4M |
| Income Tax | $26.9M+48.2% | $18.1M+311.3% | $4.4M+147.1% | -$9.4M-169.9% | $13.4M-33.7% | $20.2M+32.3% | $15.3M+180.5% | $5.4M+116.1% | -$33.8M-18974.0% | -$177K+92.9% | -$2.5M+78.3% | -$11.5M-210.2% | $10.5M+93.0% | $5.4M-45.5% | $9.9M |
| Net Income | $73.5M+28.3% | $57.3M+311.8% | $13.9M+140.8% | -$34.1M-168.9% | $49.4M-25.2% | $66.1M+34.0% | $49.3M+884.0% | -$6.3M+79.9% | -$31.3M-282.3% | -$8.2M-32.1% | -$6.2M-160.1% | $10.3M+130.0% | -$34.4M-928.8% | -$3.3M-120.2% | $16.5M |
| EPS (Diluted) | $1.08+28.6% | $0.84+300.0% | $0.21+140.4% | -$0.52-169.3% | $0.75-25.0% | $1.00+31.6% | $0.76+860.0% | -$0.10+80.4% | -$0.51-292.3% | -$0.13-30.0% | -$0.10-158.8% | $0.17+129.8% | -$0.57 | -$0.04 | $0.28 |
Not reported in any period shown, so not listed: R&D Expenses.
GLDD Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.3B+2.4% | $1.3B+13.0% | $1.1B+13.1% | $981.8M-1.6% | $997.7M+4.1% | $958.0M+6.7% | $897.6M+22.9% | $730.3M-12.3% | $832.4M-6.9% | $893.6M-0.5% | $898.1M+0.9% | $889.7M+4.3% | $852.6M+3.2% | $826.5M+4.8% | $788.5M |
| Current Assets | $217.4M-17.5% | $263.4M+16.4% | $226.3M+23.8% | $182.8M-44.2% | $327.4M-9.7% | $362.7M+20.6% | $300.7M+45.5% | $206.7M-21.2% | $262.2M-14.7% | $307.2M-6.8% | $329.7M-3.7% | $342.2M-5.2% | $361.1M+15.1% | $313.8M-3.7% | $325.8M |
| Cash & Equivalents | $13.4M+30.8% | $10.2M-55.3% | $22.8M+248.9% | $6.5M-95.5% | $145.5M-32.8% | $216.5M+15.8% | $187.0M+442.7% | $34.5M+117.4% | $15.9M+42.0% | $11.2M-21.3% | $14.2M-66.5% | $42.4M-43.7% | $75.3M+208.3% | $24.4M-78.4% | $113.3M |
| Inventory | $27.9M-6.5% | $29.9M-11.9% | $33.9M+16.0% | $29.2M-5.0% | $30.8M-11.3% | $34.7M+14.9% | $30.2M+7.4% | $28.1M-18.4% | $34.4M-7.3% | $37.1M+3.3% | $36.0M+3.5% | $34.7M+6.9% | $32.5M+14.2% | $28.5M-14.9% | $33.4M |
| Accounts Receivable | $70.2M-40.5% | $118.0M+115.3% | $54.8M+22.1% | $44.9M-45.9% | $83.0M+112.8% | $39.0M+97.1% | $19.8M-69.5% | $64.8M+24.7% | $51.9M-41.0% | $88.1M-32.6% | $130.8M+15.5% | $113.2M+17.3% | $96.5M-22.3% | $124.2M+3.3% | $120.3M |
| Goodwill | $76.6M0.0% | $76.6M0.0% | $76.6M0.0% | $76.6M0.0% | $76.6M0.0% | $76.6M0.0% | $76.6M0.0% | $76.6M0.0% | $76.6M-8.4% | $83.6M0.0% | $83.6M-3.2% | $86.3M+8.8% | $79.3M0.0% | $79.3M+3.6% | $76.6M |
| Total Liabilities | $768.6M-4.7% | $806.2M+11.2% | $725.3M+18.2% | $613.6M+2.5% | $598.7M-2.1% | $611.4M-1.1% | $618.2M+19.9% | $515.3M-15.7% | $611.1M-5.4% | $645.7M0.0% | $646.0M+1.4% | $637.3M+4.4% | $610.5M+10.4% | $553.0M+11.5% | $495.9M |
| Current Liabilities | $215.8M-0.1% | $216.0M+20.4% | $179.4M+11.9% | $160.3M+3.6% | $154.7M-12.2% | $176.3M-13.6% | $203.9M+25.0% | $163.1M+8.6% | $150.3M-16.5% | $179.8M-12.6% | $205.7M+2.6% | $200.5M+3.4% | $193.9M+4.2% | $186.0M+42.5% | $130.5M |
| Long-Term Debt | $378.2M-15.6% | $448.2M+8.8% | $412.1M+28.2% | $321.5M+0.2% | $321.0M-0.9% | $323.7M+0.3% | $322.8M+0.3% | $321.9M-3.4% | $333.1M+16.4% | $286.3M+10586.5% | $2.7M+26.3% | $2.1M-99.3% | $285.0M+14.0% | $250.0M-1.0% | $252.6M |
| Total Equity | $517.1M+15.2% | $448.9M+16.4% | $385.5M+4.7% | $368.2M-7.7% | $399.0M+15.1% | $346.7M+24.1% | $279.4M+30.0% | $214.9M-2.9% | $221.3M-10.7% | $247.9M-1.7% | $252.2M-1.5% | $256.0M+5.7% | $242.1M-11.5% | $273.4M-6.4% | $292.0M |
| Retained Earnings | $201.0M+57.6% | $127.5M+81.6% | $70.2M+24.7% | $56.3M-37.7% | $90.4M+120.8% | $40.9M+277.3% | -$23.1M+69.2% | -$75.0M-11.7% | -$67.1M-87.2% | -$35.8M-29.6% | -$27.7M-28.8% | -$21.5M+32.4% | -$31.8M-1326.2% | $2.6M-89.2% | $24.0M |
GLDD Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $246.7M+252.1% | $70.1M+47.7% | $47.4M+2769.0% | $1.7M-96.6% | $49.0M-37.9% | $78.9M-59.0% | $192.5M+39.9% | $137.7M+539.7% | $21.5M-44.4% | $38.7M+32.8% | $29.1M-40.3% | $48.8M-34.8% | $74.8M+4122.7% | -$1.9M-107.6% | $24.6M |
| Capital Expenditures | $147.2M+17.6% | $125.1M-17.0% | $150.8M+5.5% | $143.0M+22.6% | $116.7M+145.0% | $47.6M-3.6% | $49.4M0.0% | $49.4M-25.1% | $66.0M-20.3% | $82.8M+11.3% | $74.5M-19.0% | $91.9M+37.9% | $66.7M+10.1% | $60.5M+110.8% | $28.7M |
| Free Cash Flow | $99.5M+280.6% | -$55.1M+46.7% | -$103.4M+26.8% | -$141.4M-108.9% | -$67.7M-316.0% | $31.3M-78.1% | $143.1M+62.2% | $88.2M+298.4% | -$44.5M-0.7% | -$44.2M+2.5% | -$45.3M-5.2% | -$43.1M-627.7% | $8.2M+113.1% | -$62.4M-1405.2% | -$4.1M |
| Investing Cash Flow | -$144.6M-25.0% | -$115.7M+3.7% | -$120.1M+14.7% | -$140.9M-25.6% | -$112.2M-159.9% | -$43.2M-67.6% | -$25.8M+26.6% | -$35.1M+39.6% | -$58.2M+11.3% | -$65.5M+10.4% | -$73.1M+37.3% | -$116.7M-152.3% | -$46.3M+27.1% | -$63.4M-279.5% | -$16.7M |
| Financing Cash Flow | -$98.9M-408.3% | $32.1M-64.3% | $89.9M+5517.5% | -$1.7M+71.7% | -$5.9M+6.4% | -$6.3M+56.1% | -$14.2M+83.3% | -$85.5M-350.1% | $34.2M+10.9% | $30.8M+93.7% | $15.9M-54.7% | $35.1M+56.4% | $22.5M+195.4% | -$23.6M-141.0% | $57.4M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $18.6M+294.0% | $4.7M |
| Share Buybacks | $11.6M | N/A | N/A | N/A | N/A | $3.9M | N/A | N/A | N/A | N/A | $1.4M | N/A | N/A | N/A | N/A |
GLDD Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 22.9%+1.9pp | 21.1%+7.9pp | 13.2%+8.4pp | 4.8%-15.2pp | 20.0%-3.3pp | 23.3%+1.7pp | 21.6%+3.7pp | 17.9%+11.9pp | 6.1%-5.0pp | 11.1%-0.1pp | 11.2%-0.3pp | 11.5%-2.3pp | 13.7%+0.4pp | 13.3%-2.6pp | 15.9% |
| Operating Margin | 14.4%+2.2pp | 12.2%+7.4pp | 4.8%+9.1pp | -4.3%-15.8pp | 11.5%-3.8pp | 15.2%+1.5pp | 13.8%+5.3pp | 8.5%+11.2pp | -2.8%-6.3pp | 3.5%+0.8pp | 2.7%-0.3pp | 3.0%-4.1pp | 7.0%+1.5pp | 5.5%-4.7pp | 10.3% |
| Net Margin | 8.3%+0.8pp | 7.5%+5.2pp | 2.4%+7.6pp | -5.3%-12.1pp | 6.8%-2.2pp | 9.0%+2.1pp | 6.9%+7.9pp | -1.0%+3.4pp | -4.5%-3.4pp | -1.1%-0.3pp | -0.7%-2.0pp | 1.3%+6.0pp | -4.7%-4.1pp | -0.6%-3.8pp | 3.2% |
| Return on Equity | 14.2%+1.5pp | 12.8%+9.2pp | 3.6%+12.9pp | -9.3%-21.6pp | 12.4%-6.7pp | 19.1%+1.4pp | 17.7%+20.6pp | -2.9%+11.2pp | -14.1%-10.8pp | -3.3%-0.9pp | -2.5%-6.5pp | 4.0%+18.2pp | -14.2%-13.0pp | -1.2%-6.9pp | 5.7% |
| Return on Assets | 5.7%+1.1pp | 4.6%+3.3pp | 1.3%+4.7pp | -3.5%-8.4pp | 5.0%-2.0pp | 6.9%+1.4pp | 5.5%+6.4pp | -0.9%+2.9pp | -3.8%-2.8pp | -0.9%-0.2pp | -0.7%-1.8pp | 1.2%+5.2pp | -4.0%-3.6pp | -0.4%-2.5pp | 2.1% |
| Current Ratio | 1.01-0.2x | 1.220.0x | 1.26+0.1x | 1.14-1.0x | 2.12+0.1x | 2.06+0.6x | 1.47+0.2x | 1.27-0.5x | 1.750.0x | 1.71+0.1x | 1.60-0.1x | 1.71-0.2x | 1.86+0.2x | 1.69-0.8x | 2.50 |
| Debt-to-Equity | 0.73-0.3x | 1.00-0.1x | 1.07+0.2x | 0.87+0.1x | 0.80-0.1x | 0.93-0.2x | 1.16-0.3x | 1.500.0x | 1.51+0.4x | 1.15+1.1x | 0.010.0x | 0.01-1.2x | 1.18+0.3x | 0.910.0x | 0.86 |
| FCF Margin | 11.2%+18.4pp | -7.2%+10.3pp | -17.5%+4.3pp | -21.8%-12.5pp | -9.3%-13.6pp | 4.3%-15.8pp | 20.1%+5.9pp | 14.2%+20.5pp | -6.3%-0.6pp | -5.8%-0.5pp | -5.3%+0.1pp | -5.3%-6.5pp | 1.1%+11.7pp | -10.6%-9.8pp | -0.8% |
Similar Companies
Where Great Lakes Dredge & Dock Corp Ranks
Frequently Asked Questions
What is Great Lakes Dredge & Dock Corp's annual revenue?
Great Lakes Dredge & Dock Corp (GLDD) reported $888.3M in total revenue for fiscal year 2025. This represents a 16.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Great Lakes Dredge & Dock Corp's revenue growing?
Great Lakes Dredge & Dock Corp (GLDD) revenue grew by 16.5% year-over-year, from $762.7M to $888.3M in fiscal year 2025.
Is Great Lakes Dredge & Dock Corp profitable?
Yes, Great Lakes Dredge & Dock Corp (GLDD) reported a net income of $73.5M in fiscal year 2025, with a net profit margin of 8.3%.
What is Great Lakes Dredge & Dock Corp's EBITDA?
Great Lakes Dredge & Dock Corp (GLDD) had EBITDA of $171.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Great Lakes Dredge & Dock Corp have?
As of fiscal year 2025, Great Lakes Dredge & Dock Corp (GLDD) had $13.4M in cash and equivalents against $378.2M in long-term debt.
What is Great Lakes Dredge & Dock Corp's gross margin?
Great Lakes Dredge & Dock Corp (GLDD) had a gross margin of 22.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Great Lakes Dredge & Dock Corp's operating margin?
Great Lakes Dredge & Dock Corp (GLDD) had an operating margin of 14.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Great Lakes Dredge & Dock Corp's net profit margin?
Great Lakes Dredge & Dock Corp (GLDD) had a net profit margin of 8.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Great Lakes Dredge & Dock Corp's return on equity (ROE)?
Great Lakes Dredge & Dock Corp (GLDD) has a return on equity of 14.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Great Lakes Dredge & Dock Corp's free cash flow?
Great Lakes Dredge & Dock Corp (GLDD) generated $99.5M in free cash flow during fiscal year 2025. This represents a 280.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Great Lakes Dredge & Dock Corp's operating cash flow?
Great Lakes Dredge & Dock Corp (GLDD) generated $246.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Great Lakes Dredge & Dock Corp's total assets?
Great Lakes Dredge & Dock Corp (GLDD) had $1.3B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Great Lakes Dredge & Dock Corp's capital expenditures?
Great Lakes Dredge & Dock Corp (GLDD) invested $147.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Great Lakes Dredge & Dock Corp's current ratio?
Great Lakes Dredge & Dock Corp (GLDD) had a current ratio of 1.01 as of fiscal year 2025, which is considered adequate.
What is Great Lakes Dredge & Dock Corp's debt-to-equity ratio?
Great Lakes Dredge & Dock Corp (GLDD) had a debt-to-equity ratio of 0.73 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Great Lakes Dredge & Dock Corp's return on assets (ROA)?
Great Lakes Dredge & Dock Corp (GLDD) had a return on assets of 5.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Great Lakes Dredge & Dock Corp's Altman Z-Score?
Great Lakes Dredge & Dock Corp (GLDD) has an Altman Z-Score of 2.13, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Great Lakes Dredge & Dock Corp's Piotroski F-Score?
Great Lakes Dredge & Dock Corp (GLDD) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Great Lakes Dredge & Dock Corp's earnings high quality?
Great Lakes Dredge & Dock Corp (GLDD) has an earnings quality ratio of 3.36x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Great Lakes Dredge & Dock Corp?
Great Lakes Dredge & Dock Corp (GLDD) scores 47 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.