Loading…
Industrials engineering and construction company; specific business unconfirmed from sources reviewed.
Industrials engineering and construction company; specific business unconfirmed from sources reviewed.
Moat: none
Employees: 1,480
Size Cardinal Infrastructure (CDNL) is a United States Industrials company (Engineering & Construction) with a market value of $691M, the 2493rd largest of 3,117 United States companies the cockpit tracks. Shares closed at $14.56 on 6 Nov 2026.
Performance Over six months the shares fell 73.4%, against -8.7% for the median peer and -1.1% for the United States market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue grew 89.8% over the last twelve months (peer median +10.3%); the operating margin is 8.2% (peer median 8.8%).
Valuation It trades at 6.8× forward earnings against a peer median of 18.5× (cheapest of 10).
Capital Return on invested capital runs 0.9 points below its cost of capital (6.1% WACC).
Backlog Backlog (remaining performance obligations) was $620M at 30 Jun 2026. Backlog detail →
Short interest Short interest is 13.2% of the free float (15 Oct 2026).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | $663M | $456M | $315M | $248M |
| Revenue growth | — | +45% | +27% | — |
| Gross profit | $88.5M | $63.8M | $46.6M | $35.7M |
| EBITDA | $93.3M | $73.6M | $57.5M | $44.0M |
| Net income | $18.1M | $22.7M | $21.4M | $20.6M |
| Free cash flow | -$11.6M | -$5.91M | $21.9M | $18.6M |
| Capital expenditure | $55.2M | $43.8M | $20.8M | $12.3M |
| Total debt | $228M | $137M | $63.4M | $55.2M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | CDNL | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -41.9% | -2.4% | lowest of 21 |
| 6-month return | -73.4% | -8.7% | lowest of 21 |
| Distance from 52-week high | -84.9% | -27.5% | lowest of 21 |
| Revenue growth (TTM) | +89.8% | +10.3% | highest of 21 |
| Operating margin | 8.2% | 8.8% | 10th lowest of 21 |
| Forward P/E | 6.8× | 18.5× | cheapest of 10 |
| ROIC minus cost of capital | -0.9 pp | +1.1 pp | 8th lowest of 21 |
| EV / EBITDA | 9.9× | 8.4× | 6th most expensive of 13 |
| Net debt / EBITDA | -1.2× | 0.6× | 4th least indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Cardinal Infrastructure CDNL | United States | $691M | -73% | +90% | 8% | 6.8× | n/a | n/a |
| Da-Cin Construction 2535.TW | Taiwan | $693M | +23% | +36% | 8% | n/a | -10.6% | +7.9% |
| Dilip Buildcon DBL.NS | India | $688M | -17% | -19% | 16% | 25.7× | n/a | n/a |
| Zhejiang Yasha Decoration 002375.SZ | China | $695M | -16% | -25% | 6% | n/a | -0.2% | -3.3% |
| Yondenko 1939.T | Japan | $685M | +10% | +7% | 11% | n/a | 1.1% | +2.1% |
| United Testing Inspection And Certification Technology 301115.SZ | China | $702M | +22% | +5% | -1% | 135.5× | n/a | n/a |
| Anhui Orivie Technology 300692.SZ | China | $702M | -7% | -6% | 21% | n/a | 10.9% | +0.1% |
| Yokogawa Bridge 5911.T | Japan | $679M | -6% | +4% | 8% | 12.9× | -12.8% | +1.1% |
| Shanghai CDXJ Digital Technology 603887.SS | China | $705M | -49% | +79% | 3% | n/a | n/a | n/a |
| Ceigall India CEIGALL.NS | India | $708M | +5% | +20% | 13% | 18.5× | n/a | n/a |
| Kingfore Energy 001210.SZ | China | $662M | +32% | +15% | 12% | n/a | 13.4% | +9.6% |
| Boustead Singapore F9D.SI | Singapore | $662M | -35% | +18% | 12% | 9.3× | -11.4% | -1.9% |
| Shenzhen Grandland 002482.SZ | China | $658M | -32% | +46% | -4% | n/a | 24.9% | -33.5% |
| PS Construction 1871.T | Japan | $656M | -17% | +6% | 9% | n/a | n/a | n/a |
| Shanghai Pudong Construction 600284.SS | China | $739M | -28% | -17% | 1% | n/a | n/a | n/a |
| Cloudberry Clean Energy CLOUD.OL | Norway | $645M | +2% | +79% | 14% | 14.4× | 41.7% | +168.9% |
| Techno Ryowa 1965.T | Japan | $644M | +12% | +14% | 16% | n/a | -11.0% | +12.5% |
| Mistras MG | United States | $642M | +14% | +5% | 7% | 16.4× | 7.6% | +4.1% |
| Bowman Consulting BWMN | United States | $745M | -19% | +14% | 5% | 18.8× | 30.3% | +32.1% |
| ISGEC Heavy Engineering ISGEC.NS | India | $746M | -11% | +21% | 6% | n/a | 22.1% | +5.0% |
| Suzhou West Deane New Power Electric 603312.SS | China | $750M | -18% | -8% | 9% | 20.2× | 7.1% | +62.0% |
Cardinal Infrastructure reported $620M of remaining performance obligations at 30 Jun 2026 and up 18% from the previous quarter. Book-to-bill last quarter: 1.42.