What is the 13F Pro Quality Score for ROAD?

13F Pro ranks Construction Partners, Inc. (ROAD) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View ROAD's current score at https://13fpro.ai/company/ROAD (free sign-up required for the full ranking).

Which hedge funds own the most ROAD stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of ROAD include FMR, BlackRock,, VANGUARD CAPITAL MANAGEMENT. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/ROAD as soon as new 13F filings post.

Where does 13F Pro source ROAD data?

All Construction Partners, Inc. fundamentals and ownership data come directly from SEC EDGAR. Construction Partners, Inc. files with the SEC under CIK 1718227. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is ROAD in?

Construction Partners, Inc. (ROAD) is classified in the Industrials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/industrials.

What drives ROAD's revenue?

Per Construction Partners, Inc.'s latest 10-Q filed with the SEC on 2026-08-07, the biggest revenue drivers are: Public infrastructure (65.1% of revenues, vs 64.9% in prior-year quarter); Private infrastructure (34.9% of revenues, vs 35.1% in prior-year quarter); Departments of Transportation (44.7% of revenues, down from 46.1% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/ROAD.

How often is ROAD research updated on 13F Pro?

ROAD's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

Construction Partners, Inc.(ROAD)Stock Analysis

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13F Pro Quality Score

67.4/100

Rank #366 of 2,960 stocksTOP 25%

View Industrials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

92.2/100

Profitability

50.1/100

Balance Sheet

66.8/100

Earnings Quality

79.0/100

Free Cash Flow

42.6/100

Institutional Flow

54.7/100

Revenue Scale

72.6/100

Dilution Risk

49.5/100

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Why ROAD Scores 67/100

exact factor attribution · 2026-09-11

ROAD's composite is driven by revenue growth and scale, held back by free cash flow. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Revenue growth

+8.4 pts

92th pct

Scale

+3.4 pts

73th pct

Earnings quality

+2.9 pts

79th pct

Earnings growth

+1.9 pts

88th pct

Capital efficiency

+1.7 pts

67th pct

Institutional flow

+0.2 pts

55th pct

Profitability

+0.0 pts

50th pct

Shareholder dilution

-0.0 pts

50th pct

Free cash flow

-1.1 pts

43th pct

Latest change (2026-08-07): 63 → 58 · ↓ Profit margin 48→35; ↓ Capital efficiency 54→42

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

ROAD Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for Construction Partners, Inc. (ROAD), a Industrials sector company. 13F Pro's AI-powered ranking engine scores ROAD at 67.4/100 on a 32-signal composite quality model, placing it at rank #366 of 2,960 stocks — the top 25% of the AI-ranked universe. ROAD scores in the top quartile across revenue growth (92.2), earnings quality (79.0). Shareholder dilution risk is elevated at 49.5/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Construction Partners, Inc. reports quarterly revenue of $999.4M, net income of $59.6M, an operating margin of 10.9%. Top institutional holders of ROAD by reported 13-F value include FMR, BlackRock, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. ROAD trades on the Nasdaq exchange and files with the SEC under CIK 1718227. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ROAD daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Construction Partners, Inc. directly from SEC EDGAR. Construction Partners, Inc.'s 13F Pro composite quality score has ranged between 42 and 70 since 2021, currently 67.4 — an improving long-term trajectory across 68 quarterly and live scoring snapshots.

What's Driving ROAD's Business? Latest 10-Q Breakdown

✓ 25/25 datapoints verified

AI-extracted from Construction Partners, Inc.'s 10-Q filed 2026-08-07 — Q3 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Revenue rose 28.2% YoY to $999.4M in Q3 FY2026, powered by $151.0M from recent acquisitions and 8.9% organic growth, while net income climbed 35.2% to $59.6M.

Biggest Revenue Drivers

Public infrastructure65.1% of revenuesvs 64.9% in prior-year quarter

Projects performed for federal, state and municipal customers, funded largely by transportation authority budgets.

Private infrastructure34.9% of revenuesvs 35.1% in prior-year quarter

Site work and HMA paving for commercial and residential developers.

Biggest Revenue Drivers

Total revenue: $999.4M+28.2% YoY

Public infrastructure65.1% of revenuesvs 64.9% in prior-year quarter

Projects performed for federal, state and municipal customers, funded largely by transportation authority budgets.

Within Public infrastructure

Departments of Transportation44.7% of revenuesdown from 46.1% YoY

Projects performed for various state DOTs, the largest customer category within public work.

Florida Department of Transportation10.5% of revenues

Single largest customer exceeding 10% of consolidated revenues this quarter.

Private infrastructure34.9% of revenuesvs 35.1% in prior-year quarter

Site work and HMA paving for commercial and residential developers.

Largest Expense Items

Cost of revenues$831.0M+28.4% YoY

Direct and indirect contract costs including labor, materials, equipment and subcontractors, tracking the revenue increase.

General and administrative expenses$63.1M+23.8% YoY

Increase primarily attributable to G&A costs of businesses acquired during or after the prior-year quarter.

Interest expense, net$30.3M+20.0% YoY

Additional borrowings under credit facilities and fees tied to amendments of the Term Loan A/Revolver and Term Loan B agreements.

Margins: Gross margin was roughly flat at 16.8% of revenue versus 16.9% a year ago, while operating margin improved to 10.9% from 10.6% as revenue growth and higher gains on equipment sales outpaced increased G&A and interest expense.

Watch Items from the Filing

Various state departments of transportation accounted for 44.7% of Q3 revenue (down from 46.1% YoY), with Florida DOT alone representing 10.5%, highlighting customer/government-funding concentration.
$1.8 billion of variable-rate debt outstanding; a hypothetical 1% rate increase would raise annual interest expense by $18.0 million, and consolidated net leverage rose to 3.17x from 3.10x.
EPA and Alabama regulators filed suit seeking court approval of a Clean Water Act consent decree requiring subsidiary Wiregrass to pay a $450,000 penalty and remediate two Alabama quarry sites, largely insurance-covered.
New risk factor disclosure warns that Iran-related conflict and potential Strait of Hormuz disruptions could raise costs and limit availability of liquid asphalt cement and diesel fuel, key production inputs.
Company closed four acquisitions during the quarter (VMC assets, P&S Paving, GMJ Paving, Four Star Paving) plus Ellsworth Construction post-quarter, continuing an aggressive debt-funded roll-up strategy.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$999.4M

Net Income

Q2 2026

$59.6M

Free Cash Flow

Q2 2026

$30.6M

Operating Margin

Q2 2026

10.9%

ROIC

Q2 2026

15.5%

D/E Ratio

Q2 2026

1.72

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+54.2% YoY

$2.81BFY 2025

FY22 $1.30BFY23 $1.56BFY24 $1.82BFY25 $2.81B

Net Income

+47.6% YoY

$101.8MFY 2025

FY22 $21.4MFY23 $49.0MFY24 $68.9MFY25 $101.8M

Operating Income

+102.1% YoY

$224.8MFY 2025

FY22 $35.4MFY23 $81.9MFY24 $111.2MFY25 $224.8M

EPS (Diluted)

+40.5% YoY

$1.84FY 2025

FY22 $0.41FY23 $0.94FY24 $1.31FY25 $1.84

Total Assets

+110.0% YoY

$3.24BFY 2025

FY22 $1.10BFY23 $1.22BFY24 $1.54BFY25 $3.24B

Total Debt

+207.4% YoY

$1.66BFY 2025

FY22 $389.5MFY23 $375.7MFY24 $541.6MFY25 $1.66B

Op. Cash Flow

+39.3% YoY

$291.3MFY 2025

FY22 $16.5MFY23 $157.2MFY24 $209.1MFY25 $291.3M

Free Cash Flow

+26.6% YoY

$153.4MFY 2025

FY22 $-52.4MFY23 $59.3MFY24 $121.1MFY25 $153.4M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$2.81B +54.2%	$1.82B +16.7%	$1.56B +20.1%	$1.30B +42.9%	$910.7M +15.9%	$785.7M
Net Income	$101.8M +47.6%	$68.9M +40.7%	$49.0M +129.2%	$21.4M +5.9%	$20.2M -49.9%	$40.3M
Operating Income	$224.8M +102.1%	$111.2M +35.9%	$81.9M +131.2%	$35.4M +17.6%	$30.1M -45.5%	$55.2M
EPS (Diluted)	$1.84 +40.5%	$1.31 +39.4%	$0.94 +129.3%	$0.41 +5.1%	$0.39 -50.0%	$0.78
Total Assets	$3.24B +110.0%	$1.54B +26.4%	$1.22B +11.3%	$1.10B +35.8%	$806.6M +28.4%	$628.1M
Total Debt	$1.66B +207.4%	$541.6M +44.1%	$375.7M -3.5%	$389.5M +71.2%	$227.5M +114.9%	$105.8M
Operating Cash Flow	$291.3M +39.3%	$209.1M +33.0%	$157.2M +852.6%	$16.5M -66.0%	$48.5M -53.9%	$105.2M
Free Cash Flow	$153.4M +26.6%	$121.1M +104.1%	$59.3M +213.4%	$-52.4M -568.4%	$-7.8M -114.9%	$52.6M

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Available Research

13F Pro tracks comprehensive data for Construction Partners, Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of ROAD

FMR LLC
$848.7M7,145,671 sh
BlackRock, Inc.
$460.7M3,878,562 sh
VANGUARD CAPITAL MANAGEMENT LLC
$238.2M2,005,206 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$233.6M1,966,436 sh
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC
$181.2M1,525,495 sh
Conestoga Capital Advisors, LLC
$161.4M1,358,962 sh
GEODE CAPITAL MANAGEMENT, LLC
$152.1M1,280,636 sh
GENEVA CAPITAL MANAGEMENT LLC
$147.7M1,243,976 sh
FIRST TRUST ADVISORS LP
$145.1M1,221,338 sh
STATE STREET CORP
$139.4M1,174,019 sh

Fund	Value	Shares
FMR LLC	$848.7M	7,145,671
BlackRock, Inc.	$460.7M	3,878,562
VANGUARD CAPITAL MANAGEMENT LLC	$238.2M	2,005,206
VANGUARD PORTFOLIO MANAGEMENT LLC	$233.6M	1,966,436
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC	$181.2M	1,525,495
Conestoga Capital Advisors, LLC	$161.4M	1,358,962
GEODE CAPITAL MANAGEMENT, LLC	$152.1M	1,280,636
GENEVA CAPITAL MANAGEMENT LLC	$147.7M	1,243,976
FIRST TRUST ADVISORS LP	$145.1M	1,221,338
STATE STREET CORP	$139.4M	1,174,019

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Is ROAD a good stock to buy?

13F Pro's AI-powered analysis of Construction Partners, Inc. (ROAD) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for ROAD are available on the ROAD stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. ROAD is classified as a mid company.

Which hedge funds own ROAD?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling ROAD. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Construction Partners, Inc.'s investment landscape.