Great Lakes Dredge & Dock Corporation | Small-cap | Industrials
$11.86
-0.42%
| Great Lakes Dredge Stock Comparison:
Great Lakes Dredge vs Quanta ServicesGreat Lakes Dredge vs Ferrovial S.AGreat Lakes Dredge vs Cadeler A/SGreat Lakes Dredge vs Nv5 GlobalGreat Lakes Dredge vs Willdan GroupGreat Lakes Dredge vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 193.8M
Gross Profit 36.6M 18.87%
Operating Income 17.1M 8.82%
Net Income 9.7M 5.00%
EPS (Diluted) $0.14

Balance Sheet Metrics

Total Assets 1.2B
Total Liabilities 753.5M
Shareholders Equity 479.9M
Debt to Equity 1.57

Cash Flow Metrics

Operating Cash Flow 71.8M
Free Cash Flow 39.6M

Revenue & Profitability Trend

Great Lakes Dredge Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i762.7M589.6M648.8M726.1M733.6M
Cost of Goods Sold i602.1M511.9M617.6M580.9M562.4M
Gross Profit i160.6M77.7M31.2M145.3M171.2M
Gross Margin % i21.1%13.2%4.8%20.0%23.3%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i70.8M57.1M51.1M62.1M62.8M
Other Operating Expenses i-----
Total Operating Expenses i70.8M57.1M51.1M62.1M62.8M
Operating Income i89.8M20.7M-19.9M83.1M108.5M
Operating Margin % i11.8%3.5%-3.1%11.4%14.8%
Non-Operating Items
Interest Income i-----
Interest Expense i17.9M12.1M14.1M21.6M25.0M
Other Non-Operating Income3.5M9.8M-9.4M1.3M4.4M
Pre-tax Income i75.4M18.3M-43.4M62.8M86.3M
Income Tax i18.1M4.4M-9.4M13.4M20.2M
Effective Tax Rate % i24.0%24.1%0.0%21.3%23.4%
Net Income i57.3M13.9M-34.1M49.4M66.1M
Net Margin % i7.5%2.4%-5.2%6.8%9.0%
Key Metrics
EBITDA i133.0M65.4M24.8M127.1M146.2M
EPS (Basic) i$0.85$0.21$-0.52$0.75$1.02
EPS (Diluted) i$0.84$0.21$-0.52$0.75$1.00
Basic Shares Outstanding i6707400066469000660510006558700064743000
Diluted Shares Outstanding i6707400066469000660510006558700064743000

Income Statement Trend

Great Lakes Dredge Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i10.2M22.8M6.5M145.5M216.5M
Short-term Investments i-----
Accounts Receivable i13.2M14.4M12.9M18.1M18.3M
Inventory i29.9M33.9M29.2M30.8M34.7M
Other Current Assets28.3M44.5M34.7M26.4M37.3M
Total Current Assets i263.4M226.3M182.8M327.4M362.7M
Non-Current Assets
Property, Plant & Equipment i1.0B1.2B1.1B932.2M827.5M
Goodwill i153.2M153.2M153.2M153.2M153.2M
Intangible Assets i-----
Long-term Investments-----
Other Non-Current Assets115.8M104.9M88.7M76.3M70.5M
Total Non-Current Assets i991.7M884.5M798.9M670.2M595.3M
Total Assets i1.3B1.1B981.8M997.7M958.0M
Liabilities
Current Liabilities
Accounts Payable i101.3M83.8M94.1M85.6M71.3M
Short-term Debt i49.1M29.7M26.9M16.7M19.5M
Current Portion of Long-term Debt-----
Other Current Liabilities1.1M2.9M638.0K--
Total Current Liabilities i216.0M179.4M160.3M154.7M176.3M
Non-Current Liabilities
Long-term Debt i498.6M473.5M386.5M367.0M369.6M
Deferred Tax Liabilities i79.0M62.2M59.1M68.5M56.5M
Other Non-Current Liabilities12.5M10.1M7.6M8.5M9.0M
Total Non-Current Liabilities i590.2M545.8M453.2M443.9M435.1M
Total Liabilities i806.2M725.3M613.6M598.7M611.4M
Equity
Common Stock i7.0K6.0K6.0K6.0K6.0K
Retained Earnings i127.5M70.2M56.3M90.4M40.9M
Treasury Stock i--00-
Other Equity-----
Total Shareholders Equity i448.9M385.5M368.2M399.0M346.7M
Key Metrics
Total Debt i547.7M503.2M413.4M383.7M389.1M
Working Capital i47.4M46.9M22.5M172.7M186.4M

Balance Sheet Composition

Great Lakes Dredge Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i57.3M13.9M-34.1M49.4M66.1M
Depreciation & Amortization i42.7M42.5M46.3M43.0M38.2M
Stock-Based Compensation i8.6M6.3M4.3M5.2M6.8M
Working Capital Changes i-77.6M-10.7M-5.1M-73.2M-50.8M
Operating Cash Flow i71.8M56.8M3.5M39.1M82.4M
Investing Activities
Capital Expenditures i-115.7M-120.1M-140.9M-112.2M-43.2M
Acquisitions i-----
Investment Purchases i-----
Investment Sales i-----
Investing Cash Flow i-115.7M-120.1M-140.9M-112.2M-43.2M
Financing Activities
Share Repurchases i--00-3.9M
Dividends Paid i-----
Debt Issuance i186.0M208.0M10.0M325.0M0
Debt Repayment i-142.6M-118.1M-10.0M-325.0M0
Financing Cash Flow i30.5M88.9M-2.8M-8.2M-8.6M
Free Cash Flow i-55.1M-103.4M-141.4M-67.7M31.3M
Net Change in Cash i-13.5M25.5M-140.3M-81.3M30.6M

Cash Flow Trend

Great Lakes Dredge Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 11.14
Forward P/E 14.02
Price to Book 1.65
Price to Sales 0.98
PEG Ratio 0.31

Profitability Ratios

Profit Margin 8.63%
Operating Margin 8.82%
Return on Equity 15.93%
Return on Assets 5.85%

Financial Health

Current Ratio 1.15
Debt to Equity 102.52
Beta 1.34

Per Share Data

EPS (TTM) $1.07
Book Value per Share $7.23
Revenue per Share $12.37

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
gldd810.5M11.141.6515.93%8.63%102.52
Quanta Services 61.8B62.947.7313.73%3.73%64.91
Ferrovial S.A 38.0B10.126.2849.66%35.41%142.78
Cadeler A/S 1.8B6.545.1018.45%50.03%89.52
Nv5 Global 1.5B41.781.754.15%3.52%29.72
Willdan Group 1.4B40.285.3114.68%5.60%28.44

Financial data is updated regularly. All figures are in the company's reporting currency.