Bird Construction Inc.

TSX:BDT Stock Report

Market Cap: CA$3.2b

Bird Construction Management

Management criteria checks 4/4

Bird Construction's CEO is Teri McKibbon, appointed in Jul 2019, has a tenure of 6.83 years. total yearly compensation is CA$3.31M, comprised of 23.8% salary and 76.2% bonuses, including company stock and options. directly owns 0.44% of the company’s shares, worth CA$14.12M. The average tenure of the management team and the board of directors is 6.6 years and 4 years respectively.

Key information

Teri McKibbon

Chief executive officer

CA$3.3m

Total compensation

CEO salary percentage23.77%
CEO tenure6.8yrs
CEO ownership0.4%
Management average tenure6.6yrs
Board average tenure4yrs

Recent management updates

Analysis Article May 07

We Take A Look At Why Bird Construction Inc.'s (TSE:BDT) CEO Has Earned Their Pay Packet

Key Insights Bird Construction to hold its Annual General Meeting on 14th of May Salary of CA$759.9k is part of CEO...

Recent updates

Narrative Update Apr 26

BDT: Higher Fair Multiple And Tuck In Deals Will Shape Future Returns

Analysts have lifted Bird Construction’s fair value estimate by CA$2.88 to CA$49.18, citing updated assumptions for revenue growth, profit margins and future P/E multiples. These assumptions are consistent with a series of recent CA$37 to CA$55 price target increases across the Street.
Narrative Update Apr 10

BDT: Higher Fair Multiple And Tuck In Deals Will Shape Future Returns

Analysts have lifted the implied fair value estimate for Bird Construction by about CA$3 to CA$46.30, reflecting higher published price targets from several firms and updated assumptions for revenue growth, profit margins, and future P/E multiples. Analyst Commentary Recent Street research has focused on recalibrating price targets for Bird Construction, with several firms updating their views in a relatively short time frame.
New Narrative Mar 28

Defense And Data Center Backlog Will Support Stable Long Term Earnings Profile

Catalysts About Bird Construction Bird Construction provides construction, infrastructure and industrial maintenance services across Canada for public and private sector clients. What are the underlying business or industry changes driving this perspective?
Narrative Update Mar 27

BDT: Higher Fair Multiple And Acquisitions Will Drive Future Share Momentum

Bird Construction's analyst price target has shifted higher by about CA$6 to CA$43.68, supported by recent Street research that raised targets across several firms as analysts factor in updated assumptions for fair value, revenue growth, profit margin and future P/E. Analyst Commentary Recent Street research reflects a clear reset higher in valuation assumptions for Bird Construction, with several firms updating their price targets across a fairly tight range and one at a higher outlier level.
New Narrative Mar 13

Nation Building Backlog And Data Center Demand Will Transform Long Term Earnings Quality

Catalysts About Bird Construction Bird Construction is a Canadian construction and infrastructure company focused on large capital projects across industrial, infrastructure, institutional and maintenance markets. What are the underlying business or industry changes driving this perspective?
Narrative Update Mar 13

BDT: New Industrial Contracts Will Drive Confidence And Future Share Momentum

Analysts have lifted their average price target on Bird Construction to approximately CA$37.43 from CA$36.56, reflecting updated assumptions related to revenue growth, profit margins, and a lower applied P/E multiple. Analyst Commentary Bullish Takeaways Bullish analysts are setting price targets in a tight range of C$37 to C$38, which signals confidence in the company’s ability to justify current valuation assumptions through execution on revenue and margins.
Analysis Article Dec 21

Bird Construction (TSE:BDT) Is Due To Pay A Dividend Of CA$0.07

Bird Construction Inc. ( TSE:BDT ) will pay a dividend of CA$0.07 on the 20th of January. This means the annual payment...
Narrative Update Nov 09

BDT: New Ontario Hospital Projects Will Drive Confidence And Share Momentum

Analysts have raised their price target for Bird Construction from C$35.94 to C$36.56. They cite updated forecasts for revenue growth and continued sector optimism, following recent target increases across the Street.
Narrative Update Oct 26

Sustained Sector Optimism And Major Project Wins Will Support Long-Term Expansion

Analysts have raised their price target for Bird Construction from approximately C$34.31 to C$35.94. They cite improved revenue growth estimates and a continued positive outlook on the company's performance.
Analysis Article Oct 25

Bird Construction Inc.'s (TSE:BDT) Intrinsic Value Is Potentially 86% Above Its Share Price

Key Insights Bird Construction's estimated fair value is CA$56.89 based on 2 Stage Free Cash Flow to Equity Current...
Narrative Update Sep 25

Canadian Infrastructure Investment And Green Building Demand Will Drive Expansion

Analysts have raised Bird Construction’s price target to CA$34.31, driven by strong operational execution, robust backlog growth, and confidence in sustained margin expansion, although some caution remains due to valuation concerns and macroeconomic uncertainties. Analyst Commentary Bullish analysts cite continued strong operational performance and robust backlog growth supporting price target increases.
Narrative Update Aug 19

Expansion Into Nuclear And Civil Infrastructure Will Improve Future Outlook

Analysts have modestly reduced their price targets for Bird Construction to CA$32.38, citing valuation concerns after a strong share price rally and more cautious near-term growth expectations, though overall sentiment remains positive given strong operational performance. Analyst Commentary Bullish analysts have reduced price targets marginally following the company's recent strong share price rally, reflecting current valuation concerns.
Analysis Article Jul 24

Should You Be Adding Bird Construction (TSE:BDT) To Your Watchlist Today?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Jul 01

Is Bird Construction (TSE:BDT) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article May 22

Market Might Still Lack Some Conviction On Bird Construction Inc. (TSE:BDT) Even After 27% Share Price Boost

Bird Construction Inc. ( TSE:BDT ) shares have had a really impressive month, gaining 27% after a shaky period...
Analysis Article May 07

We Take A Look At Why Bird Construction Inc.'s (TSE:BDT) CEO Has Earned Their Pay Packet

Key Insights Bird Construction to hold its Annual General Meeting on 14th of May Salary of CA$759.9k is part of CEO...
Analysis Article Apr 04

Bird Construction Inc.'s (TSE:BDT) Subdued P/E Might Signal An Opportunity

Bird Construction Inc.'s ( TSE:BDT ) price-to-earnings (or "P/E") ratio of 11.4x might make it look like a buy right...
Analysis Article Feb 22

Bird Construction (TSE:BDT) Has Announced A Dividend Of CA$0.07

Bird Construction Inc. ( TSE:BDT ) has announced that it will pay a dividend of CA$0.07 per share on the 20th of March...
Analysis Article Feb 10

Here's Why We Think Bird Construction (TSE:BDT) Is Well Worth Watching

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
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New Narrative Feb 10

Focus On Energy Transition And Infrastructure Will Deliver Long-term Opportunities

Strategic focus on high-margin sectors and disciplined project selection is expected to improve net margins and earnings.
Analysis Article Jan 22

Bird Construction's (TSE:BDT) Dividend Will Be CA$0.07

Bird Construction Inc. ( TSE:BDT ) will pay a dividend of CA$0.07 on the 20th of February. This takes the dividend...
Analysis Article Jan 06

Bird Construction (TSE:BDT) Has A Pretty Healthy Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 22

Bird Construction's (TSE:BDT) Dividend Will Be Increased To CA$0.07

Bird Construction Inc.'s ( TSE:BDT ) dividend will be increasing from last year's payment of the same period to CA$0.07...
Analysis Article Nov 01

Earnings Tell The Story For Bird Construction Inc. (TSE:BDT) As Its Stock Soars 27%

Bird Construction Inc. ( TSE:BDT ) shares have had a really impressive month, gaining 27% after a shaky period...

CEO Compensation Analysis

How has Teri McKibbon's remuneration changed compared to Bird Construction's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

CA$49m

Dec 31 2025CA$3mCA$786k

CA$47m

Sep 30 2025n/an/a

CA$94m

Jun 30 2025n/an/a

CA$98m

Mar 31 2025n/an/a

CA$100m

Dec 31 2024CA$4mCA$760k

CA$100m

Sep 30 2024n/an/a

CA$91m

Jun 30 2024n/an/a

CA$84m

Mar 31 2024n/an/a

CA$76m

Dec 31 2023CA$4mCA$736k

CA$72m

Sep 30 2023n/an/a

CA$63m

Jun 30 2023n/an/a

CA$48m

Mar 31 2023n/an/a

CA$49m

Dec 31 2022CA$3mCA$712k

CA$50m

Sep 30 2022n/an/a

CA$45m

Jun 30 2022n/an/a

CA$42m

Mar 31 2022n/an/a

CA$42m

Dec 31 2021CA$3mCA$692k

CA$43m

Sep 30 2021n/an/a

CA$53m

Jun 30 2021n/an/a

CA$50m

Mar 31 2021n/an/a

CA$42m

Dec 31 2020CA$3mCA$670k

CA$36m

Sep 30 2020n/an/a

CA$24m

Jun 30 2020n/an/a

CA$22m

Mar 31 2020n/an/a

CA$17m

Dec 31 2019CA$1mCA$572k

CA$9m

Compensation vs Market: Teri's total compensation ($USD2.39M) is about average for companies of similar size in the Canadian market ($USD2.06M).

Compensation vs Earnings: Teri's compensation has been consistent with company performance over the past year.


CEO

Teri McKibbon (61 yo)

6.8yrs
Tenure
CA$3,306,668
Compensation

Mr. Terrance Lloyd McKibbon, also known as Teri, ICD D, serves as an Independent Director at Wajax Corporation since May 05, 2026. He has been the Chief Executive Officer, President and Director of Bird Co...


Leadership Team

NamePositionTenureCompensationOwnership
Terrance McKibbon
President6.8yrsCA$3.31m0.44%
CA$ 14.1m
Wayne Gingrich
CFO & Treasurer9.8yrsCA$1.57m0.15%
CA$ 4.7m
Gilles Royer
Chief Operating Officer5.8yrsCA$1.67m0.80%
CA$ 25.6m
Yonni Fushman
Executive VP & Chief Legal Officerless than a yearCA$2.18mno data
Brian Henry
Chief People Officerno dataCA$792.88kno data
Richard Begg
Chief Information Officer6.3yrsno datano data
Cheryl Ballerini
Director of Strategic Development & Communicationsno datano datano data
J. Bergman
Executive Vice President of Buildings East9.5yrsCA$1.21m0.16%
CA$ 5.2m
Paul Pastirik
Senior Vice President of M&A and Strategic Developmentno datano datano data
Peter Lineen
Executive Vice President of Healthno datano datano data
David Keep
Executive Vice President of MRO & Commercial Systemsno datano datano data
Tannis Proulx
Executive Vice President of Industrial West & Major Projectsno datano datano data
6.6yrs
Average Tenure

Experienced Management: BDT's management team is seasoned and experienced (6.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Terrance McKibbon
President6.8yrsCA$3.31m0.44%
CA$ 14.1m
John Bird
Independent Director38.4yrsCA$256.30k2.17%
CA$ 69.4m
Paul Raboud
Independent Chairman of the Board17.7yrsCA$336.08k0.38%
CA$ 12.2m
J. Fennell
Independent Director4yrsCA$204.15kno data
Evelyn Angelle
Independent Director1.5yrsCA$196.50kno data
Jennifer Koury
Independent Director4yrsCA$225.19kno data
Luc J. Messier
Lead Independent Director9.3yrsCA$346.95kno data
Gary Merasty
Independent Director4yrsCA$219.55kno data
Steven Edwards
Independent Director3.8yrsCA$217.00kno data
Sophia Saeed
Independent Director2yrsCA$187.51kno data
4.0yrs
Average Tenure
62yo
Average Age

Experienced Board: BDT's board of directors are considered experienced (4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 10:29
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Bird Construction Inc. is covered by 12 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher MurrayATB Cormark
John GibsonBMO Capital Markets Equity Research
Yuri LynkCanaccord Genuity