Great Lakes Dredge & Dock Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	834.6	762.69	589.63	648.78	726.15	733.6
Revenue Growth (YoY)	12.53%	29.35%	-9.12%	-10.66%	-1.02%	3.10%
Cost of Revenue	635.82	602.12	511.89	617.61	580.88	562.37
Gross Profit	198.78	160.58	77.73	31.17	145.27	171.23
Selling, General & Admin	75.75	70.77	57.06	51.12	62.13	62.76
Other Operating Expenses	0.65	-0.1	0.06	-	-	-
Operating Expenses	76.4	70.67	57.11	51.12	62.13	62.76
Operating Income	122.38	89.91	20.62	-19.94	83.14	108.47
Interest Expense	-18.13	-17.88	-12.14	-14.11	-21.6	-26.59
Currency Exchange Gain (Loss)	0.22	0.28	-	-	-	-
Other Non Operating Income (Expenses)	-0.43	0.18	2.23	-1.57	0.99	1.11
EBT Excluding Unusual Items	104.04	72.49	10.71	-35.62	62.53	83
Gain (Loss) on Sale of Assets	2.9	2.9	0.1	-7.79	0.29	1.57
Other Unusual Items	-	-	7.5	-	-	1.72
Pretax Income	106.94	75.39	18.31	-43.42	62.82	86.29
Income Tax Expense	26.39	18.12	4.41	-9.36	13.39	20.19
Earnings From Continuing Operations	80.55	57.27	13.91	-34.06	49.43	66.1
Net Income	80.55	57.27	13.91	-34.06	49.43	66.1
Net Income to Common	80.55	57.27	13.91	-34.06	49.43	66.1
Net Income Growth	36.28%	311.80%	-	-	-25.22%	33.98%
Shares Outstanding (Basic)	67	67	66	66	66	65
Shares Outstanding (Diluted)	68	68	67	66	66	66
Shares Change (YoY)	-0.05%	1.33%	1.37%	-0.38%	0.65%	1.28%
EPS (Basic)	1.20	0.85	0.21	-0.52	0.75	1.02
EPS (Diluted)	1.19	0.84	0.21	-0.52	0.75	1.00
EPS Growth	36.27%	301.51%	-	-	-25.00%	31.11%
Free Cash Flow	13.05	-55.08	-103.42	-141.35	-67.65	31.33
Free Cash Flow Per Share	0.19	-0.81	-1.54	-2.14	-1.02	0.48
Gross Margin	23.82%	21.05%	13.18%	4.81%	20.01%	23.34%
Operating Margin	14.66%	11.79%	3.50%	-3.07%	11.45%	14.79%
Profit Margin	9.65%	7.51%	2.36%	-5.25%	6.81%	9.01%
Free Cash Flow Margin	1.56%	-7.22%	-17.54%	-21.79%	-9.32%	4.27%
EBITDA	166.69	134.4	63.24	26.33	126.15	146.65
EBITDA Margin	19.97%	17.62%	10.72%	4.06%	17.37%	19.99%
D&A For EBITDA	44.32	44.49	42.62	46.27	43.02	38.18
EBIT	122.38	89.91	20.62	-19.94	83.14	108.47
EBIT Margin	14.66%	11.79%	3.50%	-3.07%	11.45%	14.79%
Effective Tax Rate	24.68%	24.04%	24.06%	-	21.32%	23.39%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.