GLDD (Great Lakes Dredge & Dock Corporation) Stock Financials & Earnings | Market Cap Arena

GLDD (Great Lakes Dredge & Dock Corporation) Stock Financials & Earnings | Market Cap Arena

GLDDGreat Lakes Dredge & Dock Corporation

Mkt Cap$1B

Industrials·Engineering & Construction·🇺🇸 United States·NASDAQ

Revenue (TTM)$888M

Net Income (TTM)$73M

EPS (TTM)$1.08

Free Cash Flow (TTM)$99M

Gross Margin22.9%

Op. Margin14.1%

Net Margin8.3%

FCF Margin11.2%

P/S Ratio (TTM)1.3x

P/E Ratio (TTM)15.7x

YoY Rev Growth+16.5%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$158M	$12M	-$864K
Q2 23	$133M	$18M	$4M
Q3 23	$117M	$9M	-$5M
Q4 23	$182M	$39M	$31M
Q1 24	$199M	$46M	$31M
Q2 24	$170M	$30M	$15M
Q3 24	$191M	$36M	$17M
Q4 24	$203M	$49M	$30M
Q1 25	$243M	$70M	$50M
Q2 25	$194M	$37M	$17M
Q3 25	$195M	$44M	$28M
Q4 25	$256M	$54M	$30M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	1.9x	—
Q2 23	1.9x	—
Q3 23	2.1x	—
Q4 23	2.0x	83.0x
Q1 24	1.8x	30.3x
Q2 24	1.7x	26.2x
Q3 24	1.6x	19.5x
Q4 24	1.5x	20.2x
Q1 25	1.4x	16.6x
Q2 25	1.4x	16.1x
Q3 25	1.4x	14.3x
Q4 25	1.3x	15.7x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$9M	-$24M
Q2 23	$25M	$4M
Q3 23	$15M	-$28M
Q4 23	-$2M	-$55M
Q1 24	$38M	$27M
Q2 24	$7M	-$45M
Q3 24	$27M	-$11M
Q4 24	-$3M	-$25M
Q1 25	$61M	$40M
Q2 25	$57M	-$4M
Q3 25	$49M	$13M
Q4 25	$80M	$50M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$34M
Q2 23	$21M
Q3 23	$43M
Q4 23	$53M
Q1 24	$12M
Q2 24	$52M
Q3 24	$38M
Q4 24	$23M
Q1 25	$21M
Q2 25	$61M
Q3 25	$36M
Q4 25	$29M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-18.7%	-9.5%
Q2 23	-11.2%	-13.9%
Q3 23	-26.0%	-27.1%
Q4 23	+23.9%	-17.5%
Q1 24	+25.7%	+5.2%
Q2 24	+28.2%	+20.6%
Q3 24	+63.1%	+42.7%
Q4 24	+11.6%	+14.2%
Q1 25	+22.3%	+15.4%
Q2 25	+13.9%	+13.6%
Q3 25	+2.1%	-4.3%
Q4 25	+26.5%	+30.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$237K	0.1%
Q2 23	$0	0.0%
Q3 23	$2M	1.5%
Q4 23	$2M	1.2%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$4M	1.8%
Q4 24	$0	0.0%
Q1 25	$2M	0.8%
Q2 25	$3M	1.7%
Q3 25	$0	0.0%
Q4 25	$3M	1.3%

OpEx Breakdown

Quarter	G&A
Q1 23	$13M
Q2 23	$14M
Q3 23	$14M
Q4 23	$15M
Q1 24	$16M
Q2 24	$16M
Q3 24	$20M
Q4 24	$19M
Q1 25	$20M
Q2 25	$19M
Q3 25	$18M
Q4 25	$21M

Revenue Segments

Quarter

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$33M	$0	$33M
Q2 23	$42M	$0	$42M
Q3 23	$14M	$0	$14M
Q4 23	$23M	$0	$23M
Q1 24	$23M	$0	$23M
Q2 24	$23M	$0	$23M
Q3 24	$12M	$0	$12M
Q4 24	$10M	$0	$10M
Q1 25	$11M	$0	$11M
Q2 25	$3M	$0	$3M
Q3 25	$13M	$0	$13M
Q4 25	$13M	$0	$13M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	66M	+0.1%
Q2 23	67M	+0.8%
Q3 23	67M	-0.4%
Q4 23	67M	+1.1%
Q1 24	67M	+0.3%
Q2 24	68M	+0.3%
Q3 24	68M	+0.2%
Q4 24	68M	+0.4%
Q1 25	68M	+0.4%
Q2 25	67M	-1.8%
Q3 25	67M	+0.2%
Q4 25	68M	+0.6%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$28M	29
FY 15	$48M	18
FY 16	$33M	23
FY 17	$2M	380
FY 18	$2M	399
FY 19	$2M	385
FY 20	$2M	405
FY 21	$2M	413
FY 22	$2M	426
FY 23	$2M	364
FY 24	$2M	366
FY 25	$2M	380