ACA
Arcosa, Inc.109.82
+0.04+0.04%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Q&A eyes M&A, utility capacity shifts
Q&A detailed barge proceeds deployment: short-term debt paydown, then bolt-on M&A in current and new MSAs plus organic CapEx like Tulsa's transition from wind towers to utility structures. Utility demand accelerates nationwide on larger poles for transmission and higher loads, validated by third-party studies through 2030; Illinois plant ramps H2 2026 as the seventh steel facility. Management expects utility growth to offset 25% wind revenue step-down, targeting flat Engineered Structures margins. Northeast weather worsens Q1 seasonality for Stavola. Tulsa shifts to higher-margin utility poles. Watch M&A execution and capacity absorption.
Key Stats
Market Cap
5.39BP/E (TTM)
36.36Basic EPS (TTM)
3.02Dividend Yield
0%Recent Filings
10-K
FY2025 results
Arcosa delivered FY2025 revenues of $2.9B, up 12% y/y, with operating profit surging 73% to $342M on Construction Products' 42% gain to $190M fueled by Stavola and Engineered Structures' 35% rise to $170M from utility/wind volume. Q4 momentum shone in $1.4B backlog—utilities up 5% y/y to $435M (95% 2026 recognition), wind down 19% to $628M yet 42% for 2026—while inland barges climbed 6% to $297M. Debt sits at $1.5B with $700M revolver capacity; capex eased to $166M. Barge sale looms Q2 2026 for $450M cash. Seasonal weather threatens Q4 construction volumes.
8-K
Record results, barge sale announced
Arcosa reported record 2025 revenues of $2.88B and Adjusted EBITDA of $583.3M, up 12% and 30%, fueled by Construction Products integration and Engineered Structures growth. Announced $450M cash sale of barge business to Wynnchurch, expected Q2 2026 close, sharpening focus on infrastructure growth. Group President Collins retires April 3. 2026 guides $2.95B-$3.10B revenue, $590M-$640M Adjusted EBITDA.
8-K
Sells barge unit for $450M
Arcosa agreed to sell its Arcosa Marine Products barge business to an affiliate of Wynnchurch Capital for $450 million in cash on February 24, 2026, with closure eyed for Q2 2026 pending HSR approval. The unit posted $383 million revenue and $68.3 million Adjusted EBITDA in 2025. Proceeds will fund core growth in construction materials and engineered structures while trimming debt. Divestiture risks regulatory snags.
8-K
MSHA order swiftly resolved
8-K
Arcosa raises EBITDA outlook
Arcosa updated its investor presentation on November 10, 2025, highlighting strategic shifts including the $1.2B Stavola acquisition and Steel Components divestiture. LTM Q3 2025 revenues hit $2.8B with Adjusted EBITDA at $567M; Q3 surged 53% to $174M. Raised 2025 Adjusted EBITDA guidance to $575-585M. Portfolio now less cyclical.
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