Cardinal Infrastructure Group Inc.

CDNL Industrials Engineering & Construction

Cardinal Infrastructure Group Inc.’s revenue for fiscal 2025 (year ended December 2025) was $456.0 million, up 44.7% from fiscal 2024.

12.71 2.22 −14.87%
Market cap
$597.5M
P/E
—
Fwd P/E
—
Dividend yield
—
F-score
n/a
Altman Z
2.72
Beneish M
−1.43
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 10.68
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy 4 — — 1 — 1 — — 7 — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Size
Market Cap 597.45
Revenue ttm 582.36
Net income ttm 63.17
Free cash flow ttm (25.14)
Net debt Q (148.95)
Valuation
P/E —
Forward P/E —
Price / sales 0.34
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.33
Financial health
Current ratio Q 3.59 (at or above 1.5: strong)
Debt / equity Q 0.32 (at or below 0.5: strong)
Interest coverage Q 4.47
Growth
Revenue growth Q —
Operating income growth Q —
EPS, this year +113.83% (at or above 15%: strong)
EPS, next year A +31.18% (at or above 15%: strong)
Revenue, next year A +95.00% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 7 21 97 339
Receivables 34 38 61 114
Inventory — — — —
Other 20 18 55 99
61 77 216 555
2023 2024 2025 Q'26
Payables 41 38 61 112
ST’ Debt — — — —
Other 12 14 11 9
74 71 92 154

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — — —
Earnings — — —
Book Value — — —

Earnings Trends EPS, adjusted, against the consensus

EPS $

Year
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 168 227 — — —
’25 82 106 — — 456
’24 — — — — 315
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 9 13 — — —
’25 12 4 — 38 38
’24 — — — 43 43
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 0 (12) — — —
’25 2 (8) — (5) (5)
’24 — — — 22 22
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — — — — 248 315 456 582 +35.6% 889 1,108 — +55.9%
Gross margin, % — — — — — — — 19.70 20.72 21.08 18.78 +1.4 pt
EBT — — — — — — — 24 30 33 39 +16.6%
EBT margin, % — — — — — — — 9.80 9.41 7.25 6.78 (2.6) pt
Net income — — — — — — — 24 28 31 63 +13.1%
Per share, $
Per share, $ Revenue — — — — — — — 0.00 0.00 30.84 37.36 n/m
Earnings — — — — — — — — — — — —
Cash flow — — — — — — — 0.00 0.00 2.56 4.11 n/m
Capex — — — — — — — 0.00 0.00 (2.93) (5.73) n/m
Free cash flow — — — — — — — 0.00 0.00 (0.37) (1.61) n/m
Book value — — — — — — — 0.00 0.00 9.44 38.08 n/m
Shares, m — — — — — — — — — 15 — —
Valuation, ×
Valuation, × P/E — — — — — — — — — — — —
P/S — — — — — — — 0.00 0.00 0.00 0.34 0.0
P/B — — — — — — — 0.00 0.00 0.00 0.33 0.0
EV/Sales — — — — — — — 0.00 0.00 0.00 0.08 0.0
EV/FCF — — — — — — — 0.65 0.65 1.99 (1.96) 1.1
Cash, $m
Cash, $m Operating cash flow — — — — — — — 31 43 38 64 +10.8%
Capex — — — — — — — (11) (20) (43) (89) +94.5%
Free cash flow — — — — — — — 19 22 (5) (25) n/m
Balance, $m
Balance, $m Working capital — — — — — — — (12) 7 124 401 n/m
Net debt — — — — — — — 27 23 21 (149) (11.6%)
Shareholders’ equity — — — — — — — 7 12 140 593 +332.2%
Returns, %
Returns, % ROA — — — — — — — 0.00 16.49 8.48 3.66 +8.5 pt
ROIC — — — — — — — 53.81 64.49 15.73 7.02 (38.1) pt
ROE — — — — — — — 0.00 224.04 30.02 6.90 +30.0 pt
People
People Employees — — — — — — — — 1,335 1,480 — +10.9%
Revenue/emp, $m — — — — — — — 0.00 0.24 0.31 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

Cardinal Infrastructure Group Inc. vs peers in Engineering & Construction (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
WLDN Willdan Group, Inc. $1.1B 16.0× 20.2× +33.18% (above 0%: growing) +51.40% (above 0%: growing) +82.02% (above 0%: growing) 37.85% 8.54% Compare
AMRC Ameresco, Inc. $1.0B 36.1× 18.5× +9.14% (above 0%: growing) −25.00% (below 0%: shrinking) −81.22% (below 0%: shrinking) 17.71% 8.57% Compare
BWMN Bowman Consulting Group Ltd. $745.4M 102× 58.6× +19.69% (above 0%: growing) n/m −457.88% (below 0%: shrinking) 53.20% 5.57% Compare
CDNL Cardinal Infrastructure Group Inc. $597.5M — — — — −728.05% (below 0%: shrinking) 15.88% 6.82%
ITG ITG Inc. $525.2M — — — — — 17.81% 5.58% Compare
BBCP CONCRETE PUMPING HOLDINGS, INC. $479.8M 56.4× 51.2× +12.63% (above 0%: growing) +28.57% (above 0%: growing) −28.85% (below 0%: shrinking) 38.74% 12.92% Compare
PHOE Phoenix Asia Holdings Limited $396.2M — — — — −1,148.32% (below 0%: shrinking) — — Compare
ORN Orion Group Holdings, Inc. $280.1M 45.9× 35.0× +13.80% (above 0%: growing) +68.88% (above 0%: growing) −141.07% (below 0%: shrinking) 12.94% 3.33% Compare
OPAL OPAL Fuels Inc. $239.3M — (loss-making) 5.8× +3.66% (above 0%: growing) n/m +43.29% (above 0%: growing) 29.34% (3.61%) Compare
Median of peers $502.5M 45.9× 27.6× +13.22% +39.99% −81.22% 29.34% 5.58%

All 51 Engineering & Construction stocks →

Cardinal Infrastructure Group Inc. (CDNL) Latest News

20 Oct

18 Aug

Impact 3 · · The Motley Fool transcript

1 Jun

Impact 4 · · The Motley Fool transcript
stockrow.com/CDNL · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com