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GREAT LAKES DREDGE & DOCK CO (GLDD) Stock Fundamental Analysis

NASDAQ:GLDD - Nasdaq - US3906071093 - Common Stock - Currency: USD

11.4  -0.02 (-0.18%)

After market: 11.4 0 (0%)

Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to GLDD. GLDD was compared to 49 industry peers in the Construction & Engineering industry. While GLDD is still in line with the averages on profitability rating, there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on GLDD.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

In the past year GLDD was profitable.
In the past year GLDD had a positive cash flow from operations.
Of the past 5 years GLDD 4 years were profitable.
Each year in the past 5 years GLDD had a positive operating cash flow.
GLDD Yearly Net Income VS EBIT VS OCF VS FCFGLDD Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M

1.2 Ratios

GLDD has a Return On Assets of 5.65%. This is in the better half of the industry: GLDD outperforms 69.39% of its industry peers.
With a decent Return On Equity value of 14.51%, GLDD is doing good in the industry, outperforming 67.35% of the companies in the same industry.
GLDD has a Return On Invested Capital of 8.02%. This is in the better half of the industry: GLDD outperforms 63.27% of its industry peers.
Industry RankSector Rank
ROA 5.65%
ROE 14.51%
ROIC 8.02%
ROA(3y)0.78%
ROA(5y)2.84%
ROE(3y)2.37%
ROE(5y)7.71%
ROIC(3y)N/A
ROIC(5y)N/A
GLDD Yearly ROA, ROE, ROICGLDD Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10

1.3 Margins

GLDD has a Profit Margin of 8.63%. This is amongst the best in the industry. GLDD outperforms 85.71% of its industry peers.
In the last couple of years the Profit Margin of GLDD has grown nicely.
With an excellent Operating Margin value of 13.61%, GLDD belongs to the best of the industry, outperforming 93.88% of the companies in the same industry.
In the last couple of years the Operating Margin of GLDD has declined.
With a decent Gross Margin value of 22.87%, GLDD is doing good in the industry, outperforming 73.47% of the companies in the same industry.
In the last couple of years the Gross Margin of GLDD has remained more or less at the same level.
Industry RankSector Rank
OM 13.61%
PM (TTM) 8.63%
GM 22.87%
OM growth 3Y0.95%
OM growth 5Y-2.4%
PM growth 3Y3.34%
PM growth 5Y1.62%
GM growth 3Y1.71%
GM growth 5Y-0.53%
GLDD Yearly Profit, Operating, Gross MarginsGLDD Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10 15 20

3

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GLDD is destroying value.
The number of shares outstanding for GLDD has been increased compared to 1 year ago.
The number of shares outstanding for GLDD has been increased compared to 5 years ago.
Compared to 1 year ago, GLDD has an improved debt to assets ratio.
GLDD Yearly Shares OutstandingGLDD Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M
GLDD Yearly Total Debt VS Total AssetsGLDD Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

GLDD has an Altman-Z score of 1.81. This is not the best score and indicates that GLDD is in the grey zone with still only limited risk for bankruptcy at the moment.
GLDD's Altman-Z score of 1.81 is in line compared to the rest of the industry. GLDD outperforms 40.82% of its industry peers.
A Debt/Equity ratio of 0.86 indicates that GLDD is somewhat dependend on debt financing.
GLDD has a Debt to Equity ratio (0.86) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.86
Debt/FCF N/A
Altman-Z 1.81
ROIC/WACC0.74
WACC10.78%
GLDD Yearly LT Debt VS Equity VS FCFGLDD Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M 300M 400M

2.3 Liquidity

A Current Ratio of 1.33 indicates that GLDD should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.33, GLDD is doing good in the industry, outperforming 61.22% of the companies in the same industry.
GLDD has a Quick Ratio of 1.20. This is a normal value and indicates that GLDD is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.20, GLDD is in line with its industry, outperforming 48.98% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.33
Quick Ratio 1.2
GLDD Yearly Current Assets VS Current LiabilitesGLDD Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

6

3. Growth

3.1 Past

GLDD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 78.95%, which is quite impressive.
Measured over the past 5 years, GLDD shows a small growth in Earnings Per Share. The EPS has been growing by 3.42% on average per year.
GLDD shows a strong growth in Revenue. In the last year, the Revenue has grown by 28.02%.
Measured over the past years, GLDD shows a small growth in Revenue. The Revenue has been growing by 1.40% on average per year.
EPS 1Y (TTM)78.95%
EPS 3Y4.32%
EPS 5Y3.42%
EPS Q2Q%58.06%
Revenue 1Y (TTM)28.02%
Revenue growth 3Y1.65%
Revenue growth 5Y1.4%
Sales Q2Q%22.25%

3.2 Future

GLDD is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.97% yearly.
The Revenue is expected to grow by 6.21% on average over the next years.
EPS Next Y15.05%
EPS Next 2Y7.97%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.6%
Revenue Next 2Y6.21%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
GLDD Yearly Revenue VS EstimatesGLDD Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M 800M
GLDD Yearly EPS VS EstimatesGLDD Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 0.5 -0.5 1

7

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 11.18, the valuation of GLDD can be described as reasonable.
Based on the Price/Earnings ratio, GLDD is valued cheaply inside the industry as 97.96% of the companies are valued more expensively.
GLDD's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.91.
Based on the Price/Forward Earnings ratio of 11.64, the valuation of GLDD can be described as reasonable.
GLDD's Price/Forward Earnings ratio is rather cheap when compared to the industry. GLDD is cheaper than 91.84% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 37.11, GLDD is valued rather cheaply.
Industry RankSector Rank
PE 11.18
Fwd PE 11.64
GLDD Price Earnings VS Forward Price EarningsGLDD Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

GLDD's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. GLDD is cheaper than 93.88% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 7.76
GLDD Per share dataGLDD EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8 10

4.3 Compensation for Growth

GLDD's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of GLDD may justify a higher PE ratio.
PEG (NY)0.74
PEG (5Y)3.27
EPS Next 2Y7.97%
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

GLDD does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

GREAT LAKES DREDGE & DOCK CO

NASDAQ:GLDD (7/29/2025, 7:44:28 PM)

After market: 11.4 0 (0%)

11.4

-0.02 (-0.18%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)05-06 2025-05-06/bmo
Earnings (Next)08-05 2025-08-05/bmo
Inst Owners84.17%
Inst Owner Change0.2%
Ins Owners2.54%
Ins Owner Change9.68%
Market Cap774.40M
Analysts84.44
Price Target15.3 (34.21%)
Short Float %1.41%
Short Ratio1.92
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)53.99%
Min EPS beat(2)24.97%
Max EPS beat(2)83.01%
EPS beat(4)3
Avg EPS beat(4)129.5%
Min EPS beat(4)-29.19%
Max EPS beat(4)439.22%
EPS beat(8)7
Avg EPS beat(8)150.24%
EPS beat(12)8
Avg EPS beat(12)30.68%
EPS beat(16)10
Avg EPS beat(16)17.78%
Revenue beat(2)1
Avg Revenue beat(2)5.15%
Min Revenue beat(2)-4.89%
Max Revenue beat(2)15.19%
Revenue beat(4)3
Avg Revenue beat(4)3.28%
Min Revenue beat(4)-4.89%
Max Revenue beat(4)15.19%
Revenue beat(8)4
Avg Revenue beat(8)-0.4%
Revenue beat(12)5
Avg Revenue beat(12)-2.6%
Revenue beat(16)6
Avg Revenue beat(16)-3.35%
PT rev (1m)0%
PT rev (3m)3.45%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.63%
EPS NY rev (1m)0%
EPS NY rev (3m)26.76%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.64%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.59%
Valuation
Industry RankSector Rank
PE 11.18
Fwd PE 11.64
P/S 0.96
P/FCF N/A
P/OCF 8.37
P/B 1.61
P/tB 1.92
EV/EBITDA 7.76
EPS(TTM)1.02
EY8.95%
EPS(NY)0.98
Fwd EY8.59%
FCF(TTM)-0.62
FCFYN/A
OCF(TTM)1.36
OCFY11.94%
SpS11.88
BVpS7.07
TBVpS5.94
PEG (NY)0.74
PEG (5Y)3.27
Profitability
Industry RankSector Rank
ROA 5.65%
ROE 14.51%
ROCE 10.56%
ROIC 8.02%
ROICexc 8.11%
ROICexgc 8.76%
OM 13.61%
PM (TTM) 8.63%
GM 22.87%
FCFM N/A
ROA(3y)0.78%
ROA(5y)2.84%
ROE(3y)2.37%
ROE(5y)7.71%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y-11.01%
ROICexcg growth 5Y-15.58%
ROICexc growth 3Y-9.85%
ROICexc growth 5Y-14.11%
OM growth 3Y0.95%
OM growth 5Y-2.4%
PM growth 3Y3.34%
PM growth 5Y1.62%
GM growth 3Y1.71%
GM growth 5Y-0.53%
F-Score9
Asset Turnover0.65
Health
Industry RankSector Rank
Debt/Equity 0.86
Debt/FCF N/A
Debt/EBITDA 2.72
Cap/Depr 318.61%
Cap/Sales 16.67%
Interest Coverage 3.51
Cash Conversion 60.82%
Profit Quality N/A
Current Ratio 1.33
Quick Ratio 1.2
Altman-Z 1.81
F-Score9
WACC10.78%
ROIC/WACC0.74
Cap/Depr(3y)318.88%
Cap/Depr(5y)270.53%
Cap/Sales(3y)21.34%
Cap/Sales(5y)17.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)78.95%
EPS 3Y4.32%
EPS 5Y3.42%
EPS Q2Q%58.06%
EPS Next Y15.05%
EPS Next 2Y7.97%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)28.02%
Revenue growth 3Y1.65%
Revenue growth 5Y1.4%
Sales Q2Q%22.25%
Revenue Next Year6.6%
Revenue Next 2Y6.21%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y114.75%
EBIT growth 3Y2.62%
EBIT growth 5Y-1.03%
EBIT Next Year73.47%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y74.23%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y704.41%
OCF growth 3Y12.66%
OCF growth 5Y-18.3%