Construction Partners, Inc.

ROADNASDAQIndustrials● Active

$106.37

$-4.20(-3.80%)

Market Cap$6.0B

P/E Ratio—

52W High$151

52W Low$93.22

Avg Volume546K

Open$110.40

Beta0.89

Free Cash Flow Financials Revenue

Construction Partners, Inc. (ROAD) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ROAD · free cash flow · updated Jun 8, 2026

Core FCF metrics

ROAD · FCF · TTM · margin & CAGR

Free cash flow was $153.4M for FY2025 (fiscal year ending 2025-09-30), up 26.6% year-over-year The FCF margin was 5.5%. Five-year CAGR stands at +23.9%.

FY2025 Free Cash Flow$153.4M▲ +26.6% YoY

Trailing 12M (TTM)$191.3Mtrailing 4 quarters sum

FCF Margin5.5%$153.4M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGR+23.9%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ROAD · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$291.3M(138M)$153.4M▲ +26.6%5.5%

FY2024$209.1M(88M)$121.1M▲ +104.1%6.6%

FY2023$157.2M(98M)$59.3M▲ +213.4%3.8%

FY2022$16.5M(69M)−$52.4M▼ 568.4%-4.0%

FY2021$48.5M(56M)−$7.8M▼ 114.9%-0.9%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ROAD · P/FCF · FCF yield · FCF per share

Construction Partners, Inc. (ROAD) trades at a FCF yield of 3.18% and a price-to-free-cash-flow ratio of 30.6x. FCF per share stands at $3.48, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

3.18%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$3.48

TTM FCF ÷ Shares Outstanding

Price / FCF

x30.6

Share Price ÷ FCF per Share

EV / FCF (TTM)

x40.7

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-09-30

Cash flow statement summary

ROAD · cash flow statement · operating / investing / financing

For FY2025, Construction Partners, Inc. generated $291.3M in operating cash flow and spent 138M in capital expenditures, yielding $153.4M in free cash flow.

Operating Activities

+$291.3M

Cash from core business operations

2025-09-30

Investing Activities

−$1.28B

CapEx, acquisitions & investments

2025-09-30

Financing Activities

+$1.07B

Buybacks, dividends & debt

2025-09-30

FCF FormulaOperating CF ($291.3M) − |CapEx| (138M) = FCF ($153.4M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

ROAD vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Construction Partners, Inc.YOU

ROAD

$153.4M+26.6%5.5%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Construction Partners, Inc. (ROAD) reported free cash flow of $153.4M for FY2025 (fiscal year ending 2025-09-30), up 26.6% year-over-year. The FCF margin was 5.5%.

Based on available data, Construction Partners, Inc. has maintained positive free cash flow for at least 8 fiscal year(s). FCF peaked at $153.4M in FY2025. The 5-year CAGR stands at +23.9%.

Construction Partners, Inc.'s FCF yield is 3.18% and price-to-FCF ratio is 30.6x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ROAD free cash flow · 8 questions

Construction Partners, Inc. free cash flow was $153.4M for FY2025, up 26.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $191.3M.

ROAD free cash flowROAD FCFROAD FCF 2025ROAD free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Construction Partners, Inc. · Construction Partners, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026