Construction Partners, Inc. filings document financial results, acquisition disclosures, governance matters and capital actions for a roadway infrastructure contractor operating across Sunbelt markets. Form 8-K reports include furnished earnings releases, Regulation FD acquisition announcements, stock repurchase authorization disclosures and other material corporate updates tied to its Class A common stock.
Proxy and annual meeting filings cover director elections, auditor ratification, executive compensation, equity awards and stockholder voting mechanics, including matters involving Class A and Class B common stock. The filing record also reflects the company’s Nasdaq-listed public-company reporting framework and formal disclosures around board oversight, ownership, capital allocation and recurring operating performance.
Construction Partners, Inc. reported strong fiscal third-quarter 2026 results, with revenue of $999.4 million, up 28.2% from $779.3 million a year earlier. Gross profit rose to $168.4 million, while net income increased to $59.6 million and diluted EPS reached $1.06.
Non-GAAP metrics also improved, as Adjusted net income rose to $60.6 million and Adjusted EBITDA grew 23.8% to $163.0 million, representing a 16.3% margin. Project backlog reached a record $3.36 billion at June 30, 2026, supported by public-infrastructure and commercial demand across Sunbelt markets.
The company expanded its Oklahoma footprint through the Ellsworth Construction acquisition and raised fiscal 2026 guidance to revenue of $3.64–$3.68 billion, net income of $165.0–$168.0 million and Adjusted EBITDA of $559.0–$569.0 million, with an expected Adjusted EBITDA margin of 15.36%–15.46%.
BlackRock, Inc. reports beneficial ownership of 7,100,031 shares of Construction Partners, Inc. Class A stock on an amended Schedule 13G, representing 14.8% of the class. BlackRock has sole voting power over 7,017,366 shares and sole dispositive power over 7,100,031 shares, with no shared voting or dispositive power reported.
The filing notes that this ownership reflects securities held by certain BlackRock business units and excludes others whose holdings are disaggregated under SEC guidance. It also states that iShares Core S&P Small-Cap ETF has an interest in Construction Partners’ common stock that exceeds five percent of the total outstanding common stock.
Construction Partners, Inc. completed the acquisition of Ellsworth Construction, LLC, an asphalt manufacturing and construction business based in Tulsa, Oklahoma. Ellsworth operates a hot-mix asphalt plant in Broken Arrow and a permitted asphalt plant site in Greater Oklahoma City, serving public and private infrastructure projects in both metropolitan areas, including multiple data center projects.
The acquired operations will continue as a branded division of Construction Partners’ Oklahoma platform company, Overland Corporation, expanding the company’s presence in the Tulsa and Oklahoma City markets. Ellsworth’s leader, Nathan Ellsworth, will continue to run the business, and management highlights alignment on safety, quality, customer service and employee focus as supportive of integration.
Construction Partners, Inc. Senior VP of Personnel and Administration Robert G. Baugnon acquired additional Class A common stock through an employee purchase program. On July 2, 2026, he purchased 53 shares at $95.97 per share under the Construction Partners, Inc. Employee Stock Purchase Plan.
After this transaction, Baugnon directly holds 24,655 Class A shares. This total includes 4,839 restricted shares with time-based vesting under the 2018 Equity Incentive Plan, scheduled to vest in tranches from September 30, 2026 through September 30, 2029.
Construction Partners, Inc. amended its Term Loan B Credit Agreement, refinancing existing term loans and adding $300.0 million of incremental term loans. This raised total term loan principal from $839.4 million to $1,139.4 million, with all TLB term loans maturing on November 1, 2031.
The amendment modestly reduces interest margins when the consolidated first lien net leverage ratio is below 2.95-to-1.00, adds 0.25%-per-quarter amortization, and introduces six-month, 1.00% repricing protection. It also loosens certain leverage-based covenants, permits up to $50.0 million per year of share repurchases, and increases flexibility in capital structure management and cash netting.
Construction Partners, Inc. amended its Term Loan A / Revolver Credit Agreement to increase its revolving credit facility from $500.0 million to $700.0 million. The amendment also resets financial covenants, including a minimum consolidated interest coverage ratio of 2.75-to-1.00 and a step-down schedule for the maximum consolidated net leverage ratio through future fiscal quarters.
The revised agreement adds flexibility, such as permitting certain subsidiaries to be treated as Immaterial Subsidiaries, raising the material acquisition threshold to $100.0 million, and creating a restricted payment basket for stock repurchases of up to $50.0 million per fiscal year. It also enhances capital structure tools, including expanded Qualifying Cash netting, a longer reinvestment period for asset sale proceeds, Limited Condition Transaction provisions for acquisitions, and resetting the accordion to the greater of $400.0 million and Consolidated Adjusted EBITDA.
Construction Partners, Inc. reported strong growth for the quarter ended March 31, 2026, with revenues rising to $769.2 million from $571.7 million a year earlier and net income increasing to $9.2 million from $4.2 million.
For the six-month period, revenue reached $1.58 billion versus $1.13 billion, while net income improved to $26.4 million from $1.2 million, lifting diluted EPS to $0.47. Operating cash flow strengthened to $147.8 million, supporting heavy investment in property and acquisitions.
The company completed three acquisitions totaling about $289.0 million, adding asphalt plants and crews in Texas and Florida and recording provisional goodwill of $154.7 million. Total debt increased to $1.76 billion, with a reported net leverage ratio of 3.23-to-1.00, within covenant limits, and remaining performance obligations of approximately $2.6 billion.
Construction Partners, Inc. reported strong fiscal 2026 second quarter results and raised its full-year outlook. Revenue for the quarter reached $769.2 million, up 34.5% from $571.7 million a year earlier, while gross profit increased to $98.9 million from $71.4 million.
Net income doubled to $9.2 million, with diluted EPS rising to $0.16 from $0.08. Adjusted net income was $10.4 million and Adjusted EBITDA was $93.3 million, up 34.6% from $69.3 million. Project backlog reached a record $3.14 billion as of March 31, 2026.
For fiscal 2026, the company now expects revenue between $3.59 billion and $3.65 billion, net income of $159.0–$162.0 million, Adjusted net income of $170.4–$174.2 million, and Adjusted EBITDA of $552.0–$564.0 million, implying an Adjusted EBITDA margin of about 15.4%.
Construction Partners Inc: FMR LLC filed Schedule 13G/A (Amendment No. 3) reporting beneficial ownership of 7,118,569.23 shares of Class A common stock, representing 14.8% of the class. The cover shows sole dispositive power of 7,118,569.23 and sole voting power of 7,030,762.00. The filing notes that one or more other persons may have rights to dividends or sale proceeds but no other single person holds more than 5%.
Construction Partners, Inc. Senior VP of Personnel and Administration Robert G. Baugnon acquired 55 shares of Class A common stock on April 2, 2026 at $92.27 per share through the company’s Employee Stock Purchase Plan. After this transaction, he directly holds 24,602 shares.
This total includes 4,839 restricted shares with time-based vesting: 2,149 shares on September 30, 2026, 1,476 shares on September 30, 2027, 857 shares on September 30, 2028 and 357 shares on September 30, 2029, over which he has sole voting power.