Construction Partners expects fiscal 2026 to deliver record results, with revenue up about 30% and net income up about 40%, despite wet weather and a sharp rise in diesel costs weighing on profitability late in the year. The road construction and maintenance company also introduced a fiscal 2027 outlook calling for roughly 15% growth in both revenue and adjusted EBITDA at the midpoint of its guidance ranges.
The company separately announced that it completed an acquisition on Nov. 4. The announcement included in the materials provided does not identify the acquired business or give the transaction’s price or other terms.
Key details
- Fiscal 2026 results are preliminary. Construction Partners expects revenue of $3.66 billion to $3.68 billion, compared with $2.812 billion in fiscal 2025.
- Net income is expected at $141.5 million to $142.5 million, up about 40% from $101.8 million a year earlier.
- Adjusted net income is expected at $153.3 million to $154.9 million, a roughly 26% increase from $122.0 million in fiscal 2025.
- Adjusted EBITDA is expected at $520 million to $524 million, up about 23% from $423.7 million in fiscal 2025.
- Fiscal 2027 outlook: At the midpoint of its guidance ranges, the company expects revenue and adjusted EBITDA each to grow approximately 15%. The specific range endpoints are not included in the materials provided.
- Growth investments in fiscal 2026 included seven acquisitions across four Sunbelt states and four new greenfield locations. Organic revenue growth was 7%.
- Weather and fuel costs pressured late-year profitability. Unusually wet weather in July affected work in several large markets, while a rapid, significant increase in diesel prices added another headwind.
- A separate acquisition was completed Nov. 4. No further transaction details are included in the announcement text provided.
The preliminary figures point to strong year-over-year growth, while the company’s account of fourth-quarter conditions indicates that weather and fuel costs affected profitability as fiscal 2026 ended. The fiscal 2027 outlook sets out continued growth expectations, though the guidance ranges themselves are not available here.