← BackConstruction Partners, Inc. · Heavy Construction Other Than Bldg Const - ContractorsROAD
Low riskNext report: Due any day
The short versionA profitable company with growing sales. Institutions are adding.
Going well
- Sales up 28% in the latest quarter vs a year ago
- Profitable every year for 9 years
- Sales up 54% last year
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 2.1% to their holdings in the quarter ending June 2026 (184 bought, 149 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$82.51-0.6% that day
- Company value
- $4.6B
- Share price times all shares
- Price vs profit (P/E)
- 32.4x
- You pay about $32 for each $1 of yearly profit
- Price vs sales
- 1.3x
- Company value is 1.3 times a year of sales
- Cash vs value
- 2%
- Cash as a share of company value
- Debt vs value
- 35%
- Debt as a share of company value
From ROAD's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$999.4M+28% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $3.5B, up 42% from the 12 months before. Over 5 years, sales grew about 29% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.11.4%
- MissDebt under half of equityNot relying on borrowed money.1.68x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.3.6%
- PassProfitable every yearSteady profits, not one good year.9 of 9 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$153.4M
- MissShare count not growingNot diluting owners. Falling means buybacks.+6.6% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.15.6%
- Revenue
- $2.8B
- +54.2% vs prior year
- 5-year growth
- +29.1%/yr
- revenue, per year
- Total debt
- $1.6B
- 1.68x equity
- Current ratio
- 1.59x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $999.4M
- +28.2% YoY
- EPS
- $1.06
- vs $0.79
- Op. margin
- 10.9%
- +0.3 pts
- Gross margin
- 16.8%
- -0.1 pts
- Free cash flow
- $30.6M
- Share count
- +1.1%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 1.7
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+2.1%Institutions added 2.1% to their holdings. 184 bought, 149 sold. 2 quarters of net buying in a row.
Shares held by institutions49.6M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
+2.5%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
1.7x · $1.8B debtShares outstandingLatest reported
56MWhy low risk- 1 offering filing in 6 months (may sell new shares)
Next reportDue any dayEstimated from the same quarter last year
- Results filedAug 7
- Results filedMay 8
- Results filedFeb 5
- Results filedNov 20, 2025
- Results filedOct 22, 2025
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
Other transferNed N Iii FlemingDirector, 10% owner
20,160 shares
- Now owns 4,008 shares
- Filed 5 days after trade
Stock awardGregory A HoffmanSVP, Chief Financial Officer
49 shares at $76.53 · $4K
- +0% of holdings
- Now owns 38,891 shares
- Filed 4 days after trade
Stock awardRobert G BaugnonSenior VP, Personnel and Admin
67 shares at $76.53 · $5K
- +0% of holdings
- Now owns 23,827 shares
- Filed 4 days after trade
Shares withheld for taxesNed N. Iv FlemingSenior VP - Strategy & Bus Dev
625 shares at $90.03 · $56K
- -1% of holdings
- Now owns 43,339 shares
- Filed 4 days after trade
Shares withheld for taxesFred Julius Iii SmithPresident and CEO, Director
2,903 shares at $90.03 · $261K
- -21% of holdings
- Now owns 10,650 shares
- Filed 4 days after trade
Shares withheld for taxesGregory A HoffmanSVP, Chief Financial Officer
1,375 shares at $90.03 · $124K
- -3% of holdings
- Now owns 38,842 shares
- Filed 4 days after trade