Loading...
•
Mar 31, 2025
Arcosa Q1 2025 Earnings Report
Arcosa, Inc. announced its first quarter 2025 results, reporting a 12% increase in revenue excluding divested business, and a 26% growth in Adjusted EBITDA, also excluding divestiture impact.
Key Takeaways
Arcosa, Inc. reported strong first quarter 2025 results with revenues of $632.0 million, a 6% increase year-over-year, and a 12% increase excluding the divested steel components business. Net income decreased by 40% to $23.6 million, while Adjusted EBITDA grew 19% to $109.9 million, expanding its margin by 190 basis points excluding divestiture. The company reaffirmed its full-year 2025 consolidated revenue and Adjusted EBITDA guidance.
Adjusted EBITDA grew 26% (excluding divested steel components), outpacing a 12% revenue increase (excluding divestiture).
Adjusted EBITDA Margin, excluding divestiture, expanded by 190 basis points to 17.4%.
Engineered Structures outperformed expectations with robust demand and operating improvements, while the barge business added to its backlog with a 1.7 book-to-bill ratio.
The company reaffirmed its full-year 2025 consolidated revenue and Adjusted EBITDA guidance, expecting continued growth from infrastructure investments.
Revenue by Segment
Forward Guidance
Arcosa is reaffirming its full-year 2025 guidance, expecting consolidated revenues between $2.8 billion and $3.0 billion, and Consolidated Adjusted EBITDA between $545 million and $595 million.
Positive Outlook
- Consolidated revenues are expected to increase by 17% at the mid-point compared to full year 2024 results (excluding divested business).
- Consolidated Adjusted EBITDA is expected to increase by 30% at the mid-point compared to full year 2024 results (excluding divested business).
- The company is well-positioned for long-term growth, benefiting from continued investments in U.S. infrastructure and the U.S. power market.
- End markets continue to demonstrate resilience despite macro and policy uncertainty.
- Solid backlogs in many businesses provide production visibility for 2025.
Challenges Ahead
- The general backdrop of macro and policy uncertainty could impact future performance.
- Uncertainty surrounding renewable energy policy discussions in Washington D.C. may affect future orders.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...