Great Lakes Dredge & Dock Corp

  • Earnings Score
  • Moat Score
  • Safety Score
  • Market Cap $564.86M
  • PE 10
  • Debt $448.22M
  • Cash $10.22M
  • EV $1.00B
  • FCF -$55.08M

Earnings

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Sales & Net Margins

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Earnings$57.27M
EBIT$92.81M
ROE13%
ROA7%
FCF-$55.08M
Equity$448.91M
Growth Stability-62%
PE9.86
PEG-1.83
PB1.26
P/FCF-10.25
P/S0.74
Price/Cash0.02
Debt/Equity1
Debt/FCF-8.14
Net Margins8%
Gross Margins21%
Op. Margins12%
Earnings CAGR0%
Sales Growth YoY12%
Sales Growth QoQ6%
Sales CAGR-2%
FCF CAGR0%
Equity CAGR8%
Earnings Stability0
Earnings Growth YoY-9%
Earnings Growth QoQ123%
Earnings CAGR 5Y-5%
Sales CAGR 5Y-2%
FCF CAGR 5Y-0%
Equity CAGR 5Y5%
Earnings CAGR 3Y-0%
Sales CAGR 3Y-0%
Equity CAGR 3Y3%
Market Cap$564.86M
Revenue$762.69M
Assets$1.26B
Total Debt$448.22M
Cash$10.22M
Shares Outstanding67.09M
EV1B
Earnings Score6%
Moat Score87%
Safety Score35%
Final Score43%
Working Capital47.41M
Current Ratio1.22
Gross Profit$160.58M
Shares Growth 3y1%
Equity Growth QoQ6%
Equity Growth YoY16%

Assets & ROA

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Stockholders Equity & ROE

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Great Lakes Dredge & Dock Corp is a provider of dredging services in the United States. Dredging involves the enhancement or preservation of navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand or rock. Its projects portfolio includes Coastal Restoration, Coastal Protection, Ports and Harbors, International, and Inland Dredging.

SEC Filings

Direct access to Great Lakes Dredge & Dock Corp (GLDD) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

  • 2024
    • 10-K Dec 31
    • 10-Q Sep 30
    • 10-Q Jun 30
    • 10-Q Mar 31
  • 2023
    • 10-K Dec 31
    • 10-Q Sep 30
    • 10-Q Jun 30
    • 10-Q Mar 31
  • 2022
    • 10-K Dec 31
    • 10-Q Sep 30
    • 10-Q Jun 30
    • 10-Q Mar 31

Sector Comparison

How does Great Lakes Dredge & Dock Corp compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of Great Lakes Dredge & Dock Corp compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 0%
Stability 0%
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Great Lakes Dredge & Dock Corp Discounted Cash Flow

Fully customizable DCF calculator online for Great Lakes Dredge & Dock Corp.

= -$565M
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fcf-$55M-$55M-$55M-$56M-$56M-$56M-$56M-$57M-$57M-$57M-$57M-$572M
DCF-$50M-$46M-$42M-$38M-$35M-$32M-$29M-$26M-$24M-$22M-$220M
Value-$565M

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years12/201512/201612/201712/201812/201912/202012/202112/202212/202312/2024TTM
Net Margins-1%-1%-4%-1%7%9%7%-5%2%8%8%
ROA-2%-3%7%11%12%8%-3%3%7%7%
ROE--3%-14%-3%18%19%12%-9%4%13%13%

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years12/201512/201612/201712/201812/201912/202012/202112/202212/202312/2024TTM
Debt over FCF--8.71-16.693.492.1210.33-4.74-2.27-3.98-8.14-8.14
Debt over Equity1.411.581.951.51.160.930.80.871.0711
Growth Stability-----100%100%-62%51%100%-62%

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years12/201512/201612/201712/201812/201912/202012/202112/202212/202312/2024CAGR 5Y
Revenue YoY growth--10%-8%-12%15%3%-1%-11%-9%29%-2%
Earnings YoY growth-32%282%-80%-884%34%-25%-169%-141%312%-5%
Equity YoY growth--2%-11%-3%30%24%15%-8%5%16%5%
FCF YoY growth--0%-43%-457%65%-79%-316%109%-27%-47%-0%