Great Lakes Dredge & Dock Corporation (GLDD)

Great Lakes Dredge & Dock Income Statement

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

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

Updated Feb 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q