Construction Partners Management
Management criteria checks 3/4
Construction Partners' CEO is Jule Smith, appointed in Apr 2021, has a tenure of 3.83 years. total yearly compensation is $3.44M, comprised of 20.6% salary and 79.4% bonuses, including company stock and options. directly owns 1.35% of the company’s shares, worth $58.59M. The average tenure of the management team and the board of directors is 6.5 years and 15.6 years respectively.
Key information
Jule Smith
Chief executive officer
US$3.4m
Total compensation
| CEO salary percentage | 20.6% |
| CEO tenure | 3.8yrs |
| CEO ownership | 1.3% |
| Management average tenure | 6.5yrs |
| Board average tenure | 15.6yrs |
Recent management updates
Recent updates
We Ran A Stock Scan For Earnings Growth And Construction Partners (NASDAQ:ROAD) Passed With Ease
Feb 07
Construction Partners: Building Momentum For Sustained Growth (Rating Upgrade)
Jan 13Construction Partners, Inc.'s (NASDAQ:ROAD) Intrinsic Value Is Potentially 20% Below Its Share Price
Jan 07Construction Partners: Paving The Road For Continued Growth
Dec 31Construction Partners, Inc. (NASDAQ:ROAD) Released Earnings Last Week And Analysts Lifted Their Price Target To US$101
Nov 28These 4 Measures Indicate That Construction Partners (NASDAQ:ROAD) Is Using Debt Reasonably Well
Nov 22Here's Why Construction Partners (NASDAQ:ROAD) Has Caught The Eye Of Investors
Nov 07Construction Partners, Inc.'s (NASDAQ:ROAD) 29% Jump Shows Its Popularity With Investors
Nov 07News Flash: Analysts Just Made A Substantial Upgrade To Their Construction Partners, Inc. (NASDAQ:ROAD) Forecasts
Oct 24A Big Move By Construction Partners Sends Share Cruising
Oct 22Here's What's Concerning About Construction Partners' (NASDAQ:ROAD) Returns On Capital
Sep 26Construction Partners, Inc.'s (NASDAQ:ROAD) P/E Still Appears To Be Reasonable
Aug 28Construction Partners: On A Road To Robust Growth, Q3 Updated
Aug 15Estimating The Fair Value Of Construction Partners, Inc. (NASDAQ:ROAD)
Aug 13Construction Partners: Tailwinds Fully Reflected, Calculus Skewed To Downside
Jul 17We Think Construction Partners (NASDAQ:ROAD) Can Stay On Top Of Its Debt
Jul 15With EPS Growth And More, Construction Partners (NASDAQ:ROAD) Makes An Interesting Case
Jun 06Earnings Tell The Story For Construction Partners, Inc. (NASDAQ:ROAD)
May 06Construction Partners: No Longer A Road To Riches
May 03Return Trends At Construction Partners (NASDAQ:ROAD) Aren't Appealing
Apr 23These 4 Measures Indicate That Construction Partners (NASDAQ:ROAD) Is Using Debt Reasonably Well
Apr 09Why We Think Construction Partners, Inc.'s (NASDAQ:ROAD) CEO Compensation Is Not Excessive At All
Mar 14Additional Considerations Required While Assessing Construction Partners' (NASDAQ:ROAD) Strong Earnings
Feb 16Construction Partners, Inc. (NASDAQ:ROAD) Not Flying Under The Radar
Jan 23Calculating The Intrinsic Value Of Construction Partners, Inc. (NASDAQ:ROAD)
Jan 03Construction Partners (NASDAQ:ROAD) Has A Pretty Healthy Balance Sheet
Nov 17Investors Could Be Concerned With Construction Partners' (NASDAQ:ROAD) Returns On Capital
Oct 30Is Now The Time To Look At Buying Construction Partners, Inc. (NASDAQ:ROAD)?
Sep 20We Think Construction Partners (NASDAQ:ROAD) Is Taking Some Risk With Its Debt
Jul 26Calculating The Fair Value Of Construction Partners, Inc. (NASDAQ:ROAD)
Jul 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$56m |
| Sep 30 2024 | US$3m | US$707k | US$69m |
| Jun 30 2024 | n/a | n/a | US$71m |
| Mar 31 2024 | n/a | n/a | US$61m |
| Dec 31 2023 | n/a | n/a | US$57m |
| Sep 30 2023 | US$2m | US$606k | US$49m |
| Jun 30 2023 | n/a | n/a | US$31m |
| Mar 31 2023 | n/a | n/a | US$22m |
| Dec 31 2022 | n/a | n/a | US$18m |
| Sep 30 2022 | US$2m | US$571k | US$21m |
| Jun 30 2022 | n/a | n/a | US$16m |
| Mar 31 2022 | n/a | n/a | US$13m |
| Dec 31 2021 | n/a | n/a | US$18m |
| Sep 30 2021 | US$4m | US$512k | US$20m |
| Jun 30 2021 | n/a | n/a | US$30m |
| Mar 31 2021 | n/a | n/a | US$36m |
| Dec 31 2020 | n/a | n/a | US$43m |
| Sep 30 2020 | US$1m | US$431k | US$40m |
| Jun 30 2020 | n/a | n/a | US$39m |
| Mar 31 2020 | n/a | n/a | US$41m |
| Dec 31 2019 | n/a | n/a | US$43m |
| Sep 30 2019 | US$1m | US$427k | US$43m |
| Jun 30 2019 | n/a | n/a | US$42m |
| Mar 31 2019 | n/a | n/a | US$38m |
| Dec 31 2018 | n/a | n/a | US$45m |
| Sep 30 2018 | US$1m | US$400k | US$51m |
Compensation vs Market: Jule's total compensation ($USD3.44M) is below average for companies of similar size in the US market ($USD6.63M).
Compensation vs Earnings: Jule's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Jule Smith (54 yo)
3.8yrs
Tenure
US$3,441,186
Compensation
Mr. Fred Julius Smith, III also known as Jule, has been President and Chief Executive Officer at Construction Partners, Inc. since April 1, 2021. He serves as Director at Construction Partners, Inc. since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 24.1yrs | no data | 4.19% $ 181.7m | |
| President | 3.8yrs | US$3.44m | 1.35% $ 58.6m | |
| Senior VP & CFO | 1.8yrs | US$1.40m | 0.096% $ 4.2m | |
| Senior Vice President | 8.1yrs | US$1.48m | 0.14% $ 6.1m | |
| Senior Vice President | 8.1yrs | US$1.55m | 0.096% $ 4.2m | |
| Senior VP of Strategic Initiatives | 8.1yrs | US$1.53m | 0.29% $ 12.7m | |
| Chief Accounting Officer | 6.2yrs | no data | 0.028% $ 1.2m | |
| Senior Vice President of Legal | 6.5yrs | no data | 0.070% $ 3.0m |
6.5yrs
Average Tenure
60yo
Average Age
Experienced Management: ROAD's management team is seasoned and experienced (6.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 24.1yrs | no data | 4.19% $ 181.7m | |
| President | 3.3yrs | US$3.44m | 1.35% $ 58.6m | |
| Director | 8.1yrs | no data | 0.74% $ 32.0m | |
| Director | 24.1yrs | no data | 0.84% $ 36.6m | |
| Independent Director | 7.1yrs | no data | 0.057% $ 2.5m | |
| Independent Director | 23.1yrs | no data | 0.18% $ 7.6m | |
| Independent Director | 5.8yrs | no data | 0.037% $ 1.6m | |
| Vice Chairman of the Board | 24.1yrs | US$392.96k | 2.17% $ 94.0m |
15.6yrs
Average Tenure
64.5yo
Average Age
Experienced Board: ROAD's board of directors are seasoned and experienced ( 15.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 09:20 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/09/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Construction Partners, Inc. is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Wittmann | Baird |
| Michael Feniger | BofA Global Research |
| Brent Thielman | D.A. Davidson & Co. |