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. Insiders bought in the last twelve months.

14.62 1.30 −8.17%
Market cap
$755.8M
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 trades per month

Total buys 10.68
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — 4 — — 1 — 1 — — 7 — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 755.77
Revenue 582.36
Net Income 63.17
Free Cash Flow (25.14)
Net Debt (148.95)
Current Ratio 3.59 (at or above 1.5: strong)
Debt/Equity 0.32 (at or below 0.5: strong)
P/E ratio —
Fwd P/E —
P/S ratio 0.39
P/B ratio 0.38
Past 5Y EPS Growth —
This Y EPS Growth 146.67% (at or above 15%: strong)
Next Y EPS Growth 27.93% (at or above 15%: strong)
Next Y revenue growth 95.00% (at or above 10%: strong)
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

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 — — —

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.

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

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — — — — — 22.09

Analyst estimates 2026–2028

Powerpack
High — — — — — — — — — 29.75
People
People Employees — — — — — — — — 1,335 1,480
Revenue/emp, $m — — — — — — — 0.00 0.24 0.31
Income, $m
Income, $m Revenue — — — — — — — 248 315 456
Gross margin, % — — — — — — — 19.70 20.72 21.08
EBT — — — — — — — 24 30 33
EBT margin, % — — — — — — — 9.80 9.41 7.25
Net income — — — — — — — 24 28 31
Depreciation — — — — — — — 13 19 32
Per share, $
Per share, $ Revenue — — — — — — — 0.00 0.00 30.84
Earnings — — — — — — — — — 0.60
Cash flow — — — — — — — 0.00 0.00 2.56
Capex — — — — — — — 0.00 0.00 (2.93)
Free cash flow — — — — — — — 0.00 0.00 (0.37)
Book value — — — — — — — 0.00 0.00 9.44
Shares, m — — — — — — — — — 15
Valuation, ×
Valuation, × P/E — — — — — — — — — —
P/S — — — — — — — 0.00 0.00 0.00
P/B — — — — — — — 0.00 0.00 0.00
EV/Sales — — — — — — — 0.00 0.00 0.00
EV/FCF — — — — — — — 0.65 0.65 1.99
Cash, $m
Cash, $m Operating cash flow — — — — — — — 31 43 38
Capex — — — — — — — (11) (20) (43)
Free cash flow — — — — — — — 19 22 (5)
Balance, $m
Balance, $m Working capital — — — — — — — (12) 7 124
Total debt — — — — — — — 34 44 118
Net debt — — — — — — — 27 23 21
Shareholders’ equity — — — — — — — 7 12 140
Returns, %
Returns, % ROA — — — — — — — 0.00 16.49 8.48
ROIC — — — — — — — 53.81 64.79 15.73
ROE — — — — — — — 0.00 224.04 30.02
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

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
CDLR Cadeler A/S Sponsored ADR $2.1B — (loss-making) — +122.12% (above 0%: growing) n/m +99.04% (above 0%: growing) 21.46% 6.24% Compare
WLDN Willdan Group, Inc. $1.1B 16.4× 25.9× +33.18% (above 0%: growing) +51.40% (above 0%: growing) +82.02% (above 0%: growing) 37.85% 8.54% Compare
AMRC Ameresco, Inc. $1.1B 36.8× 27.6× +9.14% (above 0%: growing) −25.00% (below 0%: shrinking) −81.22% (below 0%: shrinking) 17.71% 8.57% Compare
CDNL Cardinal Infrastructure Group Inc. $755.8M — — — — −728.05% (below 0%: shrinking) 15.88% 6.82%
BWMN Bowman Consulting Group Ltd. $741.7M 102× 37.7× +19.69% (above 0%: growing) −57.14% (below 0%: shrinking) −457.88% (below 0%: shrinking) 53.20% 5.57% Compare
BBCP CONCRETE PUMPING HOLDINGS, INC. $459.6M 53.4× 61.4× +12.63% (above 0%: growing) +28.57% (above 0%: growing) −28.85% (below 0%: shrinking) 38.74% 12.92% Compare
ORN Orion Group Holdings, Inc. $355.1M 89.8× 41.8× +8.08% (above 0%: growing) n/m −140.87% (below 0%: shrinking) 10.33% (0.59%) Compare
PHOE Phoenix Asia Holdings Limited $351.2M — — — — −1,148.32% (below 0%: shrinking) — — Compare
MTRX Matrix Service Company $286.9M — (loss-making) 19.5× +13.01% (above 0%: growing) n/m −125.30% (below 0%: shrinking) 7.97% (0.36%) Compare
Median of peers $600.6M 53.4× 32.7× +13.01% +1.79% −103.26% 21.46% 6.24%

All 51 Engineering & Construction stocks →

Cardinal Infrastructure Group Inc. (CDNL) key facts

  • Strength: Cardinal Infrastructure Group Inc.’s revenue for fiscal 2025 (year ended December 2025) was $456.0 million, up 44.7% from fiscal 2024.
  • Cardinal Infrastructure Group Inc. (CDNL) is an Engineering & Construction company in the Industrials sector, listed on Nasdaq.
  • As of October 16, 2026, CDNL traded at $14.62, a market capitalization of $755.8 million.
  • Return on equity was 30.0% and debt-to-equity 0.32.
  • Its Altman Z-score is 2.72 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Cardinal Infrastructure Group Inc. (CDNL) Latest News

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