Cardinal Infrastructure Group Inc. CDNL

28.02 0.48 1.74% as of 25 Sep
Market cap
$1.3B
P/E
—
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 10.68
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — 4 — — 1 — 1 — — 7 —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios

Market Cap 1,310.00
Revenue 582.36
Net Income 63.17
Free Cash Flow (25.14)
Net Debt (148.95)
Current Ratio 3.59
Debt/Equity 0.32
P/E ratio —
P/S ratio 0.75
P/B ratio 0.74
Past 5Y EPS Growth —
This Y EPS Growth 112.96%
Next Y EPS Growth 29.42%
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities

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
in millions of $

Compound Annual Growth

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

Revenue

Mar Jun Sep Dec Year
’26 168 227 — — —
’25 82 106 — — 456
’24 — — — — 315
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 9 13 — — —
’25 12 4 — 38 38
’24 — — — 43 43
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 0 (12) — — —
’25 2 (8) — (5) (5)
’24 — — — 22 22
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.23 0.26 — — —
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — — — — — 22.09

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — — — — — 29.75
High Price
— — — — — — — — 1,335 1,480
Employees
— — — — — — — 0 0 0
Revenue/Emp
— — — — — — — 248 315 456
Revenue
— — — — — — — 19.70% 20.72% 21.08%
Gross Margin
— — — — — — — 24 30 33
EBT
— — — — — — — 9.80% 9.41% 7.25%
EBT Margin
— — — — — — — 24 28 31
Net Income
— — — — — — — 13 19 32
Depreciation
— — — — — — — 0.00 0.00 30.84
Revenue/Sh
— — — — — — — — — 0.60
Earnings/Sh
— — — — — — — 0.00 0.00 2.56
Cash Flow/Sh
— — — — — — — 0.00 0.00 (2.93)
Capex/Sh
— — — — — — — 0.00 0.00 (0.37)
Free CF/Sh
— — — — — — — 0.00 0.00 9.44
Book Value/Sh
— — — — — — — — — 15
Shares
— — — — — — — — — —
PE Ratio
— — — — — — — 0.00 0.00 0.00
PS Ratio
— — — — — — — 0.00 0.00 0.00
PB Ratio
— — — — — — — 0.00 0.00 0.00
EV/Sales
— — — — — — — 0.65 0.65 1.99
EV/FCF
— — — — — — — 31 43 38
Op' Cash Flow
— — — — — — — (11) (20) (43)
Capex
— — — — — — — 19 22 (5)
FCF
— — — — — — — (12) 7 124
Working Cap'
— — — — — — — 34 44 118
Total Debt
— — — — — — — 27 23 21
Net Debt
— — — — — — — 7 12 140
Sh' Equity
— — — — — — — 0.00% 16.49% 8.48%
ROA
— — — — — — — 53.81% 64.79% 15.73%
ROIC
— — — — — — — 0.00% 224.04% 30.02%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Cardinal Infrastructure Group Inc. peers in Engineering & Construction

All 51 Engineering & Construction stocks →

Cardinal Infrastructure Group Inc. (CDNL) key facts

  • Cardinal Infrastructure Group Inc. (CDNL) is an Engineering & Construction company in the Industrials sector, listed on Nasdaq.
  • Cardinal Infrastructure Group Inc.’s revenue for fiscal 2025 (year ended December 2025) was $456.0 million, up 44.7% from fiscal 2024.
  • As of September 25, 2026, CDNL traded at $28.02, a market capitalization of $1.3 billion.
  • Return on equity was 30.0% and debt-to-equity 0.32.

Source: company filings (standardised) and stockrow calculations.

Cardinal Infrastructure Group Inc. (CDNL) Latest News

News by impact score

Fine-tune

24 Sep

4

Cardinal Infrastructure Group announced a second amendment to Cardinal Civil Contracting's senior secured credit agreement, adding a $250 million delayed-draw term loan and increasing the revolver to $100 million, for total commitments of $550 million (revolver $100 million, Term Loan A $200 million, and the new $250 million delayed-draw loan). The delayed-draw facility allows up to five advances over 18 months through March 2028 to fund permitted acquisitions and related fees; it was undrawn at close. The revolver includes a $10 million letter of credit sub-facility and a $10 million swingline, with a maturity date of September 10, 2031 for all facilities. Executives say the expanded financing provides flexibility for disciplined acquisitions and geographic expansion. Details are disclosed in Cardinal’s Form 8-K filed September 11, 2026. Increases debt capacity to fund acquisitions and expansion, potentially altering growth trajectory.

23 Sep

4

An Osterweis Opportunity Fund Q2 2026 investor letter highlights Cardinal Infrastructure Group Inc. (CDNL) as a top contributor within Industrials. CDNL, a founder-led civil contractor specializing in site development and infrastructure services, reported 64% organic growth in Q1, announced its first data-center win, and completed a well-priced secondary offering, fueling expectations of further accretive M&A. The fund believes CDNL’s vertically integrated model can drive long-term organic and inorganic growth, noting the company is currently active in two states. As of September 22, 2026, CDNL traded around $30.11, with a 27.13% drop over the prior month and a 24.52% year-to-date gain, and a market cap near $615 million. The letter implies more accretive deals are on the horizon, supporting a constructive long-term outlook for CDNL. CDNL’s strong Q1 growth, a first data-center win, and anticipated accretive M&A create meaningful upside potential.

2 Sep

4

Cardinal Infrastructure Group Inc. (CDNL) wins contract for Walmart sorting facility. Contract win on Walmart sorting facility strengthens CDNL revenue outlook and competitive standing.

18 Aug

3 transcript

Cardinal Infrastructure Group Inc. (CDNL) held its Q2 2026 earnings call, covering financial results, operational updates, and forward guidance. Quarterly earnings calls typically offer moderate insights into financials and strategy without guaranteeing major trajectory shifts.

11 Aug

4

Cardinal Infrastructure Group Inc (CDNL) reported record revenue in its Q2 2026 earnings call. Record revenue in Q2 2026 earnings signals strong performance likely to improve future market position and investor outlook.

4 transcript

Cardinal Infrastructure Group Inc. (CDNL) Class A Common Stock Q2 2026 earnings call covered quarterly financial results and operational updates. Q2 2026 earnings call outlines financial performance and outlook that can shift investor sentiment and stock trajectory.

4

Cardinal Infrastructure Group Inc. (CDNL) stock crashed sharply on negative developments hitting investor sentiment and valuation. Stock crash reflects major negative event likely to shift company trajectory and market views substantially.

4

Cardinal Infrastructure Group Inc. (CDNL) raised 2026 revenue guidance after record Q2 sales. Raised guidance after record sales signals strong growth and positive shifts in trajectory and sentiment.

4

Cardinal Infrastructure Group Inc. reported rising Q2 revenue and boosted 2026 revenue guidance. Revenue growth combined with raised 2026 guidance signals stronger financial outlook likely to lift stock performance.

4

Cardinal Infrastructure Group Inc. (CDNL) reported second quarter 2026 results, updated its 2026 outlook, and announced acquisition of Allied Paving. Acquisition of Allied Paving marks a major strategic expansion with potential to significantly shift company trajectory and investor views.

3

Cardinal Infrastructure Group Inc. (CDNL) presented Q2 earnings call highlights including revenue figures, operational updates and management outlook. Quarterly earnings updates supply performance data that can shift near-term investor sentiment without altering long-term strategy.

30 Jun

3

Cardinal Infrastructure Group Inc. (CDNL) completes its first asphalt plant. First asphalt plant completion signals initial operational expansion with moderate effect on company trajectory.

26 Jun

3

Cardinal Infrastructure Group Inc. (CDNL) closed an upsized public offering of Class A common stock with full exercise of underwriters' option to purchase additional shares. Upsized public offering raises capital but increases share count and dilutes equity impacting near-term valuation.

24 Jun

3

Cardinal Infrastructure Group Inc. (CDNL) priced an upsized public offering. Upsized public offering supplies extra capital for operations while causing share dilution that may pressure near-term stock performance.

22 Jun

3

Cardinal Infrastructure Group Inc. (CDNL) announces a proposed public offering of common stock. Proposed common stock offering raises fresh capital while diluting existing shares and pressuring near-term valuation.

19 Jun

4

Cardinal Infrastructure Group Inc. (CDNL) expands operations beyond the Carolinas into Georgia with market approval. CDNL's expansion into Georgia represents a major strategic move that could significantly alter the company's trajectory.

2 Jun

4

Cardinal Infrastructure Group Inc. (CDNL) acquires Piedmont Pipe Construction. Acquisition expands Cardinal's infrastructure operations and market reach.

1 Jun

4 transcript

Cardinal Infrastructure Group Inc. (CDNL) released Q1 2026 earnings results and outlook during its earnings call. Q1 2026 financial results and forward guidance directly move CDNL valuation and investor positioning.

12 May

4

Cardinal Infrastructure Group Inc. (CDNL) reported record revenue in Q1 2026 earnings call, highlighting strong financial performance amid infrastructure sector growth. Record Q1 2026 revenue reflects major financial strength and growth potential, significantly enhancing CDNL's market position and investor sentiment.

4

Cardinal Infrastructure Group Inc. (CDNL) released Q1 earnings call highlights detailing financial results, operational updates, and forward guidance. Q1 earnings call highlights disclose key financial metrics and strategic outlook directly shaping investor sentiment and stock trajectory.

4

Cardinal Infrastructure Group Inc. (CDNL) announced first quarter 2026 results and raised its full-year 2026 outlook. Raising full-year outlook after Q1 results indicates stronger financial trajectory and positive market sentiment.

8 May

3

Cardinal Infrastructure Group Inc. (CDNL) will report Q1 earnings soon, outlining key expectations, analyst forecasts, and metrics to watch for investors. Upcoming Q1 earnings disclosure affects financial performance views and short-term market sentiment without fundamentally altering long-term trajectory.

30 Apr

4

Cardinal Infrastructure Group Inc. (CDNL) secures $24M initial contract for data center campus development. Securing a $24M contract marks a major strategic win that boosts revenue and positions CDNL strongly in high-demand data center infrastructure.

20 Apr

3

Momentum in Cardinal Infrastructure Group Inc. (CDNL) expected to persist due to positive underlying factors driving sustained performance. Positive momentum outlook moderately boosts market sentiment and short-to-medium term trajectory without fundamental shifts.

9 Apr

4

Cardinal Infrastructure Group Inc. (CDNL) awarded contract for large-scale data center campus development. Securing a large-scale data center contract represents a major strategic win poised to drive substantial revenue growth and enhance competitive positioning.

3 Apr

3

Key factors could help Cardinal Infrastructure Group Inc. (CDNL) sustain its recent stock price strength. Potential sustainers of CDNL's price momentum offer moderate influence on financial performance and investor sentiment.

20 Mar

4

Cardinal Infrastructure Group Inc. (CDNL) will be added to the Russell 2000® and 3000® Indexes. Inclusion in Russell 2000 and 3000 Indexes boosts visibility, liquidity, and institutional investment, significantly impacting stock performance.

19 Mar

4

Cardinal Infrastructure Group Inc. (CDNL) released highlights from its Q4 earnings call, covering financial results, operational updates, and forward guidance. Q4 earnings call highlights detail financial performance and strategic outlook, poised to significantly sway investor sentiment and market trajectory.

4

Cardinal Infrastructure Group Inc. (CDNL) announced full year 2025 results and affirmed 2026 guidance. Full year results and affirmed future guidance deliver major financial updates that significantly shape investor sentiment and company trajectory.

18 Mar

3

Cardinal Infrastructure Group Inc. (CDNL) aligns perfectly with trend investing due to its strong exposure to infrastructure growth trends, robust financials, and strategic positioning in high-demand sectors. CDNL's spotlight as a trend investing pick could moderately boost investor sentiment and short-term market performance.

stockrow.com/CDNL · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com