Arcosa, Inc. (ACA) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$1.18	$1.13	-4.2%	—	$658.7M	—
Q1 26	$0.35	$0.81	+131.4%	—	$571.7M	—
Q4 25	$0.92	$1.15	+25.0%	—	$716.7M	—
Q3 25	$1.35	$1.56	+15.6%	—	$797.8M	—
Q2 25	$1.05	$1.27	+21.0%	—	$736.9M	—
Q1 25	$0.18	$0.49	+172.2%	—	$632M	—
Q4 24	$0.76	$0.46	-39.5%	—	$666.2M	—
Q3 24	$0.85	$0.91	+7.1%	—	$640.4M	—
Q2 24	$0.83	$0.91	+9.6%	—	$664.7M	—
Q1 24	$0.52	$0.73	+40.4%	—	$598.6M	—
Q4 23	$0.49	$0.68	+38.8%	—	$582.2M	—
Q3 23	$0.67	$0.73	+9.0%	—	$591.7M	—
Q2 23	$0.59	$0.76	+28.8%	—	$584.8M	—
Q1 23	$0.55	$1.06	+92.7%	—	$549.2M	—
Q4 22	$0.21	$0.24	+14.3%	—	$500.3M	—
Q3 22	$0.62	$0.7	+12.9%	—	$603.9M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$4.25	—	—	$2.9B	—
FY24	—	$1.92	—	—	$2.6B	—
FY23	—	$3.27	—	—	$2.3B	—
FY22	—	$5.08	—	—	$2.2B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$1.7B	$1.5B	$1.5B	$1.7B	$1.9B	$2B	$2.2B	$2.3B	$2.6B	$2.9B
YoY change	-20.4%	-14.2%	-0.14%	+18.9%	+11.4%	+5.21%	+10.1%	+2.9%	+11.4%	+12.2%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	1.7B	1.5B	1.5B	1.7B	1.9B	2B	2.2B	2.3B	2.6B	2.9B
Cost of revenue	1.4B	1.2B	1.2B	1.4B	1.6B	1.7B	1.8B	1.9B	2.1B	2.2B
Gross profit	348.1M	294.7M	272M	332.4M	382M	355.9M	411.1M	443.8M	515.2M	647.2M
Gross margin	20.4%	20.2%	18.6%	19.1%	19.7%	17.5%	18.3%	19.2%	20%	22.4%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	147.3M	163M	153.9M	179.5M	223.1M	256M	262.8M	261.1M	320M	307.1M
Operating expenses	147.3M	163M	153.9M	179.5M	223.1M	256M	262.8M	261.1M	320M	305.3M
Operating income	200.8M	131.7M	118.1M	152.9M	158.9M	99.9M	148.3M	182.7M	195.2M	341.9M
Operating margin	11.8%	9.01%	8.09%	8.8%	8.21%	4.91%	6.61%	7.92%	7.6%	11.9%
Non-operating income, net	-3.7M	-1.7M	-22.6M	-700K	-10.5M	7.1M	197.8M	36.6M	-1.8M	1.6M
Pretax income	197.2M	130.1M	95M	146.8M	138.2M	83.6M	316.2M	195.9M	130M	241.3M
Income tax	74.2M	40.4M	19.3M	33.5M	31.6M	14M	70.4M	36.7M	36.3M	32.9M
Net income	123M	89.7M	75.7M	113.3M	106.6M	69.6M	245.8M	159.2M	93.7M	208.4M
Net margin	7.22%	6.13%	5.18%	6.52%	5.51%	3.42%	11%	6.9%	3.65%	7.23%
EBITDA	267.6M	198M	186.5M	240.9M	274M	244.5M	303.9M	347.2M	397.8M	573.1M
EPS	2.52	1.84	1.55	2.34	2.2	1.44	5.08	3.27	1.92	4.25
Diluted EPS	2.52	1.84	1.54	2.32	2.18	1.42	5.05	3.26	1.91	4.24

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	591.7M	582.2M	598.6M	664.7M	640.4M	666.2M	632M	736.9M	797.8M	716.7M	571.7M	658.7M
Cost of revenue	484.6M	475.2M	487M	526.7M	503.7M	537.3M	506.6M	570.8M	605.9M	552.9M	450.8M	503M
Gross profit	107.1M	107M	111.6M	138M	136.7M	128.9M	125.4M	166.1M	191.9M	163.8M	120.9M	155.7M
Gross margin	18.1%	18.4%	18.6%	20.8%	21.3%	19.3%	19.8%	22.5%	24.1%	22.9%	21.1%	23.6%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	61.3M	66.6M	69.1M	79.5M	82.4M	89M	73.7M	73M	82.2M	78.2M	75.8M	89.1M
Operating expenses	61.3M	66.6M	69.1M	79.5M	82.4M	89M	73.7M	73M	79.6M	84.8M	73.8M	71.4M
Operating income	45.8M	40.4M	42.5M	58.5M	54.3M	39.9M	51.7M	93.1M	112.3M	79M	47.1M	84.3M
Operating margin	7.74%	6.94%	7.1%	8.8%	8.48%	5.99%	8.18%	12.6%	14.1%	11%	8.24%	12.8%
Non-operating income, net	2.2M	2.9M	11.4M	5.4M	-23.2M	4.6M	4M	3.9M	100K	-600K	-100K	-2.6M
Pretax income	43M	36.5M	47.3M	53.2M	19.1M	10.4M	29.2M	69.8M	87.1M	55.2M	24.6M	62.3M
Income tax	7.5M	9.4M	8.1M	7.6M	2.5M	18.1M	5.6M	10.1M	14.1M	3.1M	1.3M	11.4M
Net income	35.5M	27.1M	39.2M	45.6M	16.6M	-7.7M	23.6M	59.7M	73M	52.1M	37.8M	328.5M
Net margin	6%	4.65%	6.55%	6.86%	2.59%	-1.16%	3.73%	8.1%	9.15%	7.27%	6.61%	49.9%
EBITDA	88M	81.6M	87M	105.8M	103.3M	101.7M	107.1M	152.4M	174.1M	137.2M	102.1M	143.4M
EPS	0.73	0.56	0.81	0.93	0.34	-0.16	0.48	1.22	1.49	1.06	0.77	6.68
Diluted EPS	0.72	0.56	0.8	0.93	0.34	-0.16	0.48	1.22	1.48	1.06	0.77	6.67

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	1.4B	2.1B	2.6B	2.5B	2.6B	4B	4.7B	5.2B	7.2B
Enterprise value	—	—	1.4B	2B	2.8B	3.1B	3B	4.5B	6.2B	6.5B	8.3B
Shares outstanding	48.8M	48.8M	48.8M	47.9M	48M	48.1M	48.2M	48.5M	48.6M	48.9M	48.9M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	17.9	18.8	24.7	36.4	10.7	25.2	50.2	24.9	32.6
P/S	—	—	0.93	1.23	1.36	1.24	1.17	1.74	1.83	1.8	2.47
P/B	—	—	0.8	1.19	1.39	1.3	1.2	1.72	1.94	1.97	2.41
EV/EBITDA	—	—	7.71	8.31	10.2	12.8	9.9	12.9	15.6	11.4	15.1
EV/Sales	—	—	0.98	1.15	1.44	1.54	1.34	1.94	2.41	2.26	2.84
Earnings yield	—	—	5.6%	5.31%	4.04%	2.75%	9.38%	3.97%	1.99%	4.01%	3.06%
FCF yield	—	—	5.45%	12.8%	6.74%	3.21%	1.39%	1.43%	6.64%	3.38%	0.84%
PEG	—	—	—	—	—	—	—	—	—	—	0.07

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	20.4%	20.2%	18.6%	19.1%	19.7%	17.5%	18.3%	19.2%	20%	22.4%	23.6%
Operating margin	11.8%	9.01%	8.09%	8.8%	8.21%	4.91%	6.61%	7.92%	7.6%	11.9%	12.3%
Net margin	7.22%	6.13%	5.18%	6.52%	5.51%	3.42%	11%	6.9%	3.65%	7.23%	16.8%
ROE	9.17%	6.37%	4.49%	6.33%	5.63%	3.56%	11.3%	6.83%	3.86%	7.89%	8.03%
ROA	8.06%	5.6%	3.48%	4.92%	4.03%	2.18%	7.36%	4.45%	1.91%	4.18%	3.88%
ROIC	9.43%	6.48%	5.31%	7.12%	5.98%	3.25%	4.48%	5.31%	3.58%	7.48%	7.04%
Return on tangible assets	20.9%	14.6%	8.04%	11.9%	16.8%	7.93%	27%	15.1%	6.18%	12.5%	24.8%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.5	2.46	3.19	2.67	2.14	2.11	2.33	2.12	1.85	2.2	3.12
Quick ratio	0.93	1.05	1.98	1.67	1.25	1.22	1.47	1.18	1.15	1.35	2.31
Debt / equity	—	0	0.11	0.06	0.13	0.35	0.25	0.24	0.7	0.58	0.51
Debt / assets	—	0	0.09	0.05	0.1	0.21	0.16	0.16	0.34	0.31	0.27
Net debt / EBITDA	—	-0.03	0.46	-0.55	0.58	2.48	1.28	1.34	3.77	2.28	1.8
Interest coverage	—	—	106.6	22.6	14	4.57	11.2	7.97	2.83	3.22	3.31
Effective tax rate	37.6%	31.1%	20.3%	22.8%	22.9%	16.7%	22.3%	18.7%	27.9%	13.6%	13%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	34.9	30	29.9	36.3	40.3	42.3	46.5	47.6	52.9	59	59.5
EPS (basic)	2.52	1.84	1.55	2.34	2.2	1.44	5.08	3.27	1.92	4.25	4.25
EPS (diluted)	2.52	1.84	1.54	2.32	2.18	1.42	5.05	3.26	1.91	4.24	4.49
Book value per share	27.5	28.9	34.5	37.4	39.4	40.6	45.3	48.1	50	54	60.8
FCF per share	2.93	1.63	1.51	5.71	3.7	1.69	0.75	1.19	6.43	3.59	2.71
Cash per share	0.29	0.14	2.04	5.02	2	1.52	3.33	2.16	3.85	4.39	8.8
Capex per share	0.1	0.07	0.21	0.19	0.2	0.42	0.67	0.75	0.38	3.39	4.23

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0.29%	0.24%	0.7%	0.51%	0.5%	0.98%	1.44%	1.59%	0.71%	5.74%	7.57%
Capex / operating cash flow	1.92%	2.31%	12.4%	2.53%	3.2%	11.8%	8.3%	11.8%	3.95%	48.5%	60.9%
Payout ratio	—	0%	0%	8.74%	9.19%	14.1%	3.99%	6.16%	10.4%	4.8%	4.46%
Dividend yield	—	—	0%	0.46%	0.37%	0.39%	0.37%	0.24%	0.21%	0.19%	0.14%

Yield

0.14%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.05

ex-dividend Jul 15, 2026

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 15, 2026	$0.05
Apr 15, 2026	$0.05
Jan 15, 2026	$0.05
Oct 15, 2025	$0.05
Jul 15, 2025	$0.05
Apr 15, 2025	$0.05
Jan 15, 2025	$0.05
Oct 15, 2024	$0.05

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$591.7M	$582.2M	$598.6M	$664.7M	$640.4M	$666.2M	$632M	$736.9M	$797.8M	$716.7M	$571.7M	$658.7M
YoY change	-2.02%	+16.4%	+8.99%	+13.7%	+8.23%	+14.4%	+5.58%	+10.9%	+24.6%	+7.58%	-9.54%	-10.6%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	14M	6.8M	99.4M	240.4M	95.8M	72.9M	160.4M	104.8M	187.3M	214.6M
Receivables	132.9M	165.3M	291.4M	200M	260.2M	310.8M	334.2M	357.1M	350.2M	417.7M
Inventory	263.7M	246.8M	252.5M	283.3M	276.8M	324.5M	315.8M	401.8M	359.9M	424.2M
Total current assets	419.9M	428.8M	667.4M	757.2M	664.9M	767.9M	856.8M	912M	954M	1.1B
Property, plant & equipment	290.7M	317.3M	535.5M	535.7M	611M	900.9M	1.4B	990.7M	1.8B	1.7B
Goodwill & intangibles	938.6M	988.6M	1.2B	1.3B	2B	2.3B	2.4B	2.5B	3.4B	3.3B
Total assets	1.5B	1.6B	2.2B	2.3B	2.6B	3.2B	3.3B	3.6B	4.9B	5B
Accounts payable	48.9M	56M	86.2M	90M	144.1M	184.7M	190.7M	272.5M	237.3M	259.3M
Short-term debt	—	100K	1.8M	3.7M	6.3M	14.8M	14.7M	6.8M	12.1M	8.5M
Total current liabilities	168M	174.1M	209.5M	284M	310.3M	364M	367.7M	431.2M	516M	503.6M
Long-term debt	—	400K	183.7M	103.6M	248.2M	664.7M	535.9M	561.9M	1.7B	1.5B
Total liabilities	184.5M	194.6M	487.7M	512.1M	754.5M	1.2B	1.2B	1.2B	2.5B	2.3B
Shareholders' equity	1.3B	1.4B	1.7B	1.8B	1.9B	2B	2.2B	2.3B	2.4B	2.6B
Total debt	—	500K	185.5M	107.3M	254.5M	679.5M	550.6M	568.7M	1.7B	1.5B
Net debt	—	-6.3M	86.1M	-133.1M	158.7M	606.6M	390.2M	463.9M	1.5B	1.3B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	—	—	—	—	—	—	—	—	220M	214.6M	153.2M	432.1M
Receivables	—	—	—	—	—	—	—	—	480.3M	417.7M	413.9M	559M
Inventory	—	—	—	—	—	—	—	—	420.7M	424.2M	350M	364.2M
Total current assets	—	—	—	—	—	—	—	—	1.2B	1.1B	1.1B	1.4B
Property, plant & equipment	—	—	—	—	—	—	—	—	1.7B	1.7B	1.8B	1.7B
Goodwill & intangibles	—	—	—	—	—	—	—	—	3.3B	3.3B	3.3B	3.3B
Total assets	—	—	—	—	—	—	—	—	5.1B	5B	5B	5.3B
Accounts payable	—	—	—	—	—	—	—	—	319.3M	259.3M	229.5M	223.5M
Short-term debt	—	—	—	—	—	—	—	—	9.3M	8.5M	8M	7.7M
Total current liabilities	—	—	—	—	—	—	—	—	579.7M	503.6M	489.6M	452.3M
Long-term debt	503.4M	561.9M	600.6M	699.9M	1.2B	1.7B	1.7B	1.7B	1.6B	1.5B	1.5B	1.4B
Total liabilities	—	—	—	—	—	—	—	—	2.5B	2.3B	2.3B	2.3B
Shareholders' equity	—	—	—	—	—	—	—	—	2.6B	2.6B	2.7B	3B
Total debt	503.4M	561.9M	600.6M	699.9M	1.2B	1.7B	1.7B	1.7B	1.6B	1.5B	1.5B	1.4B
Net debt	—	—	—	—	—	—	—	—	1.4B	1.3B	1.4B	1B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	123M	89.7M	75.7M	113.3M	106.6M	69.6M	245.8M	159.2M	93.7M	208.4M
Depreciation & amortization	65.6M	65.7M	67.6M	85.8M	114.5M	144.3M	154.1M	159.5M	195M	223M
Stock-based compensation	10.5M	9M	9.9M	14.6M	20M	18M	19.1M	23.9M	24.3M	26.4M
Change in working capital	41.1M	-12.3M	-95M	121.7M	44.4M	-55.2M	-52.2M	-57.3M	143.4M	-157M
Operating cash flow	259.9M	151.6M	82.2M	351.9M	299.8M	169M	388.1M	310.1M	462.8M	341.1M
Capital expenditure	5M	3.5M	10.2M	8.9M	9.6M	20M	32.2M	36.6M	18.3M	-165.6M
Investing cash flow	5M	-44M	-319.7M	-24M	-446.1M	-485.2M	228.7M	-82.3M	-1.3B	-121.4M
Dividends paid	—	0	0	-9.9M	-9.8M	-9.8M	-9.8M	-9.8M	-9.7M	-10M
Share repurchases	0	0	-3.5M	-15.4M	-11.8M	-19.5M	-27.5M	-25.2M	-10.6M	-12.9M
Financing cash flow	-144.2M	-42.8M	338.6M	-108.4M	123.7M	380.9M	-177.5M	-30.8M	1.1B	-192.4M
Net change in cash	120.7M	64.8M	101.1M	219.5M	-22.6M	64.7M	439.3M	197M	233M	27.3M
Free cash flow	143M	79.6M	73.7M	273.4M	177.8M	81.4M	36.3M	57.5M	312.3M	175.5M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	35.5M	27.1M	39.2M	45.6M	16.6M	-7.7M	23.6M	71.7M	94.2M	52.1M	23.3M	50.9M
Depreciation & amortization	40.5M	40.7M	42.8M	46.6M	45.2M	60.4M	53.6M	58M	60M	57.1M	53.5M	58M
Stock-based compensation	5.7M	5.6M	6.7M	7.4M	4.9M	5.3M	6.7M	7M	7M	6.6M	6.3M	6M
Change in working capital	-21M	-28.7M	4.2M	-65.2M	23.4M	181M	-58.7M	-76.3M	21.3M	-24.1M	-300K	-155.6M
Operating cash flow	54.9M	63.9M	91M	31.1M	87.9M	252.8M	25.4M	61.2M	160.6M	120M	71.9M	-11.2M
Capital expenditure	5.7M	6.5M	4.2M	3.2M	6.6M	4.3M	5M	-28.8M	-41.4M	-64.2M	-43.5M	-58.8M
Investing cash flow	2.5M	-95.6M	10.9M	-150.1M	25M	-1.2B	22.6M	-28.8M	-28.4M	-61.4M	-96.9M	-51M
Dividends paid	-2.5M	-2.5M	-2.4M	-2.5M	-2.4M	-2.4M	-2.5M	-2.5M	-2.5M	-2.5M	-2.4M	-2.5M
Share repurchases	0	-14.1M	-1.2M	-9.2M	-100K	-100K	-1.5M	-10.9M	0	-500K	-30.2M	-1.1M
Financing cash flow	-41.1M	41.6M	34.7M	86.6M	535.7M	440.6M	-7.3M	-16.7M	-103.7M	-64M	-35M	-88.8M
Net change in cash	16.3M	9.9M	136.6M	-32.4M	648.6M	-511.6M	40.7M	15.7M	28.5M	-5.4M	-60M	-151M
Free cash flow	-4M	3.5M	26.1M	-9.3M	100.6M	194.9M	-34.7M	32.4M	119.2M	55.8M	28.4M	-70M

Arcosa, Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement