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Great Lakes Dredge & Dock Corporation (GLDD)
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 734 | 726 | 649 | 590 | 763 | 888 | 888 |
| Operating profit | $m | 126 | 126 | |||||
| Net profit | $m | 66 | 49 | -34 | 14 | 57 | 73 | 73 |
| EPS reported | $ | 1.08 | 1.08 | |||||
| Operating cashflow per share | $ | 3.69 | 3.69 | |||||
| Capex per share | $ | 2.20 | 2.20 | |||||
| FCF per share | $ | 1.49 | 1.49 | |||||
| Free cash flow | $m | 99 | 99 | |||||
| Net debt | $m | 389 | 367 | |||||
| Book value equity | $m | 517 | 517 | |||||
| Book value per share | $ | 7.63 | 7.63 | |||||
| Number of shares | m | 67.75 | 67.75 | |||||
| DPS (TTM paid) | $ | 0.00 | 0.00 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 12.15 | 15.74 | |||||
| P/B LTM | x | 1.70 | 2.20 | |||||
| P/S LTM | x | 0.99 | 1.28 | |||||
| P/FCF LTM | x | 8.82 | 11.42 | |||||
| EV/EBITDA LTM | x | 8.24 | 8.04 | |||||
| EV/Sales LTM | x | 1.49 | 1.69 | |||||
| Earnings Yield LTM | % | 8.23% | 6.35% | |||||
| FCF Yield | % | 11.34% | 8.76% | |||||
| Quality | ||||||||
| ROE | % | 14.21% | 14.83% | |||||
| ROIC | % | 8.11% | 8.11% | |||||
| Operating margin | % | 14.13% | 14.13% | |||||
| Gross margin | % | 22.91% | 22.91% | |||||
| FCF/Sales | % | 11.20% | 11.20% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | +28.57% | +28.57% | |||||
| Sales Growth YoY | % | +16.47% | +16.47% | |||||
| Net Income Growth YoY | % | +28.30% | +28.30% | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | +35.25% | +35.25% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.00% | 0.00% | |||||
| Dividend Growth | % | 0.00% | 0.00% | |||||
| Payout Ratio | % | 0.00% | 0.00% | |||||
| FCF/Debt | x | 0.22 | 0.22 | |||||
| Net Debt/EBITDA | x | 2.77 | 2.38 | |||||
| EBIT/Net interest | x | 7.49 | 2.91 | |||||
| Net debt/market cap | % | 44.30% | 32.33% | |||||
| Net debt/Equity | x | 0.75 | 0.71 | |||||
| Gross debt/equity | x | 0.89 | 0.89 | |||||
Company overview
Great Lakes Dredge & Dock Corporation (GLDD) stands as a leading provider of dredging solutions across the United States. The company undertakes a diverse array of projects, encompassing significant capital dredging activities for port expansions, coastal restoration efforts, and the creation of new landmasses through reclamation. Additionally, GLDD specializes in excavating trenches for critical infrastructure like pipelines, tunnels, and cables, alongside the construction of various marine structures such as breakwaters, jetties, and canals. Beyond these large-scale endeavors, GLDD is actively involved in coastal protection initiatives, which entail relocating sand from the seabed to vulnerable shorelines to combat erosion. Their services also extend to maintenance dredging, a crucial process for re-clearing previously deepened waterways and harbors by removing accumulated silt, sand, and other sediments. Further operations include deepening channels, developing port infrastructure, performing lake and river dredging, constructing inland levees, undertaking environmental restoration and habitat enhancement, and other marine construction tasks. GLDD serves a broad client base, including federal, state, and local governments within the U.S., as well as foreign governments. Their private sector clients comprise both domestic and international entities, notably utilities, oil, and other energy companies. The company operates a substantial fleet consisting of 18 dredges, 17 material transportation barges, a drillboat, and various other essential support vessels. Established in 1890 as Lydon & Drews Partnership, the company adopted its current name, Great Lakes Dredge & Dock Corporation, in 1905. Its headquarters are located in Houston, Texas.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Great Lakes Dredge & Dock Corporation (GLDD)
Great Lakes Dredge & Dock Corporation (GLDD) stands as a leading provider of dredging solutions across the United States. The company undertakes a diverse array of projects, encompassing significant capital dredging activities for port expansions, coastal restoration efforts, and the creation of new landmasses through reclamation. Additionally, GLDD specializes in excavating trenches for critical infrastructure like pipelines, tunnels, and cables, alongside the construction of various marine structures such as breakwaters, jetties, and canals. Beyond these large-scale endeavors, GLDD is actively involved in coastal protection initiatives, which entail relocating sand from the seabed to vulnerable shorelines to combat erosion. Their services also extend to maintenance dredging, a crucial process for re-clearing previously deepened waterways and harbors by removing accumulated silt, sand, and other sediments. Further operations include deepening channels, developing port infrastructure, performing lake and river dredging, constructing inland levees, undertaking environmental restoration and habitat enhancement, and other marine construction tasks. GLDD serves a broad client base, including federal, state, and local governments within the U.S., as well as foreign governments. Their private sector clients comprise both domestic and international entities, notably utilities, oil, and other energy companies. The company operates a substantial fleet consisting of 18 dredges, 17 material transportation barges, a drillboat, and various other essential support vessels. Established in 1890 as Lydon & Drews Partnership, the company adopted its current name, Great Lakes Dredge & Dock Corporation, in 1905. Its headquarters are located in Houston, Texas.
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