Construction Partners, Inc. reports news on its vertically integrated civil infrastructure business, which constructs, repairs and maintains roadways and other surface infrastructure in Sunbelt markets. The company operates through local platforms in Alabama, Florida, Georgia, North Carolina, Oklahoma, South Carolina, Tennessee and Texas, supported by hot-mix asphalt plants, aggregate facilities and liquid asphalt terminals.
Recurring updates include quarterly and annual results, backlog, fiscal outlook, investor conference participation and acquisitions that expand paving, asphalt and sitework capacity in regional markets. Company announcements also describe public-sector work for local and state roads, interstate highways, airport runways and bridges, as well as private paving and sitework for commercial, industrial and residential developments.
Construction Partners (ROAD) has acquired Roads, Inc. of NWF, an asphalt manufacturing and construction business based in Cantonment, Florida.
Roads, Inc. provides asphalt paving, roadway construction and disaster response debris removal services across Florida, Alabama and the broader southeastern United States. As part of the transaction, Construction Partners acquired a hot-mix asphalt plant located north of Pensacola, along with related crews and equipment. The acquired business will be integrated into the company’s Florida platform, C.W. Roberts Contracting (CWR).
The company said the deal expands CWR’s operations in the Florida Panhandle and is expected to enhance service to public and private infrastructure customers in this growing region. Construction Partners will add more than 150 Roads, Inc. employees to CWR, with management highlighting the value of their local relationships, construction capabilities and reputation for quality work.
Construction Partners (NASDAQ: ROAD) announced the acquisition of Asphalt Express Enterprises, a liquid asphalt supply and hauling business based in Ardmore, Oklahoma, serving hot-mix asphalt producers across Oklahoma and northern Texas. CPI’s Oklahoma platform company, Overland Corporation, acquired Asphalt Express’s rail-served industrial site in Ardmore, along with its fleet of trucks and trailers used to transport liquid asphalt.
CPI expects the Ardmore site to become a future liquid asphalt terminal supporting its operations in Oklahoma and northern Texas. According to the company, the transaction advances its vertical integration strategy, is intended to enhance access to a critical raw material, increase sourcing and transportation flexibility, and leverage Asphalt Express’s experienced team and established customer relationships.
Construction Partners (NASDAQ: ROAD) announced the death of board member Michael H. McKay, who passed away in a tragic accident on July 22, 2026 at age 64. McKay served on the Board since 2002 and the Audit Committee since 2008, contributing significant financial and strategic expertise. The company plans to dedicate its Board room in his honor.
Construction Partners (NASDAQ: ROAD) reported strong fiscal 2026 third quarter results for the period ended June 30, 2026, with revenue of $999.4 million, up 28.2% from $779.3 million in Q3 FY25. Gross profit rose to $168.4 million from $131.8 million, while net income increased to $59.6 million from $44.0 million. Adjusted net income was $60.6 million versus $45.2 million, implying diluted EPS of $1.08 versus $0.81. Adjusted EBITDA was $163.0 million, up 23.8% from $131.7 million.
Project backlog reached a record $3.36 billion, compared with $2.94 billion a year earlier. The company recently acquired Ellsworth Construction to expand its Oklahoma and data center market presence. Based on Q3 performance and Ellsworth’s expected contribution, the company raised FY26 guidance, now expecting revenue of $3.64–$3.68 billion, net income of $165.0–$168.0 million, adjusted net income of $177.6–$181.4 million, and adjusted EBITDA of $559.0–$569.0 million, with an adjusted EBITDA margin of 15.36%–15.46%.
Molina Healthcare (NYSE: MOH), currently in the S&P SmallCap 600, will join the S&P MidCap 400, replacing National Storage Affiliates Trust (NYSE: NSA), effective before the market opens on Wednesday, July 22, 2026. At the same time, Construction Partners (NASD: ROAD) will enter the S&P SmallCap 600, replacing Molina Healthcare in that index.
According to S&P Dow Jones Indices, these changes are tied to S&P 500 constituent Public Storage (NYSE: PSA) acquiring National Storage Affiliates Trust, with the deal expected to close on or about the effective date, subject to final conditions.
Construction Partners (NASDAQ: ROAD) will release its fiscal 2026 third quarter results on August 7, 2026, before the market opens. On the same day, the company will host a conference call at 10:00 a.m. Eastern Time (9:00 a.m. Central Time) to discuss the results, accessible via phone and webcast with replay options.
Construction Partners (NASDAQ: ROAD) announced the acquisition of Ellsworth Construction, an asphalt manufacturing and construction company based in Tulsa, Oklahoma. Ellsworth operates a hot-mix asphalt plant in Broken Arrow and holds a permitted asphalt plant site in the Greater Oklahoma City area, serving public and private infrastructure projects, including multiple data center projects in both metro regions.
The acquired operations will continue as a branded division of Construction Partners’ Oklahoma platform company, Overland Corporation. According to Construction Partners, Ellsworth’s existing leadership, including Nathan Ellsworth, will continue to lead the business, supporting continuity in the Tulsa and Oklahoma City markets and aligning with Overland’s existing data center project portfolio in north Texas.
Construction Partners (NASDAQ: ROAD) reported Q2 FY2026 results with revenue $769.2M (+34.5% YoY), adjusted EBITDA $93.3M (+34.6% YoY), and adjusted net income $10.4M (+136% YoY). Backlog reached a record $3.14B. The company raised FY26 guidance for revenue, net income, adjusted net income, adjusted EBITDA, and adjusted EBITDA margin.
Construction Partners (NASDAQ: ROAD) will release fiscal 2026 second quarter results on May 8, 2026 before the market opens and will host a conference call at 10:00 a.m. ET (9:00 a.m. CT) the same day.
Investors can join by phone ((412) 902-0003) or by webcast via the company's Investor Relations "Events & Presentations" page; replays will be available through May 15 (phone) and shortly after the call on the webcast page.
Construction Partners (NASDAQ: ROAD) announced on April 1, 2026 the acquisition of Four Star Paving, LLC, a commercial asphalt paving contractor serving the Nashville, Tennessee metro area.
The deal integrates Four Star into its Tennessee platform, Pavement Restorations, Inc. (PRI), adding an experienced workforce, existing FOB asphalt customer relationships with three Nashville-area plants, and greater regional construction capacity to support growth in middle Tennessee.