Great Lakes Dredge & Dock CORP (GLDD)

16.86 -0.05 (-0.3%)

As of 2026-03-03 05:55:55 EST

Great Lakes Dredge and Dock Company is an American company providing construction services in dredging and land reclamation, currently the largest such provider in the United States. GLD&D operates primarily in the United States but conducts one-quarter of its business overseas. The company was based in Oak Brook, Illinois, but in October 2020 relocated its corporate headquarters to Houston, Texas.

Traded asNasdaq: GLDD
ISINUS3906071093
CIK0001372020
LEI
EIN205336063
Sector
IndustryHeavy Construction Other Than Bldg Const - Contractors
CEO
Employees
Fiscal Year End1231
Address9811 KATY FREEWAY, HOUSTON, TX, 77024
Phone(346) 359-1010
Websitehttps://www.gldd.com
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
GLDDGreat Lakes Dredge & Dock CORP2026-03-03 05:55:5516.86-0.05-0.3
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
GLDD0001372020Great Lakes Dredge & Dock CORPUS3906071093205336063Nasdaq1600Heavy Construction Other Than Bldg Const - Contractors1231DE9811 KATY FREEWAYHOUSTONTX77024UNITED STATESUS(346) 359-10109811 KATY FREEWAY, HOUSTON, TX, 770249811 KATY FREEWAY, HOUSTON, TX, 77024Great Lakes Dredge & Dock Holdings Corp.1890https://www.gldd.com789,491,55568,087,00066,780,798Great Lakes Dredge and Dock Company is an American company providing construction services in dredging and land reclamation, currently the largest such provider in the United States. GLD&D operates primarily in the United States but conducts one-quarter of its business overseas. The company was based in Oak Brook, Illinois, but in October 2020 relocated its corporate headquarters to Houston, Texas.2026-02-26 17:55:55
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GLDD Stock Price (End-of-Day)
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GLDD Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
2025789,491,555217,245,27237.963666,780,798-501,730-0.7457
2024572,246,28347,080,6658.964967,282,528659,3210.9896
2023525,165,618-323,408,747-38.11266,623,207435,5840.6581
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
Vivienne R. SchifferChief Legal Officer, Corporate Secretary, Chief Compliance Officer, Senior Vice President2024416,0000270,400457,60051,2661,195,266
Christopher G. GunstenSenior Vice President2024364,0000673,896400,40048,4831,486,779
Lasse J. PettersonChief Executive Officer, President2024816,40002,041,0101,632,80080,1484,570,358
Scott L. KornblauChief Financial Officer, Senior Vice President2024452,4000840,038633,36068,2401,994,038
David J. JohansonSenior Vice President2024364,0000673,896400,40052,1201,490,416
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Employee Count
Fiscal YearEmployee Count
2025380
2024366
2023364
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Income Statements
Fiscal Year202520242023
Revenue888,277,000762,693,000589,625,000
Cost Of Revenue684,792,000602,117,000511,893,000
Gross Profit203,485,000160,576,00077,732,000
Research And Development Expenses
General And Administrative Expenses77,970,00070,769,00057,056,000
Operating Expenses502,597,000449,748,000
Operating Income127,788,00092,805,00028,219,000
Net Income73,469,00057,265,00013,906,000
Earnings Per Share Basic1.10.850.21
Earnings Per Share Diluted1.080.840.21
Weighted Average Shares Outstanding Basic66,869,00067,085,00066,469,000
Weighted Average Shares Outstanding Diluted67,747,00067,847,00066,957,000
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Balance Sheet Statements
Fiscal Year202520242023
Cash And Cash Equivalents13,361,00010,216,000920,000
Marketable Securities Current
Accounts Receivable70,169,000118,030,00054,810,000
Inventories27,926,00029,866,00033,912,000
Non Trade Receivables
Other Assets Current21,810,00028,281,00044,544,000
Total Assets Current217,443,000263,418,000226,328,000
Marketable Securities Non Current
Property Plant And Equipment803,289,000703,252,000614,608,000
Other Assets Non Current14,530,00020,489,00018,605,000
Total Assets Non Current1,068,306,000991,685,0000
Total Assets1,285,749,0001,255,103,0001,110,840,000
Accounts Payable109,489,000101,309,00083,835,000
Deferred Revenue34,780,00025,796,00029,560,000
Short Term Debt55,000,00035,000,00090,000,000
Other Liabilities Current49,466,00041,640,00037,361,000
Total Liabilities Current215,816,000216,013,000179,443,000
Long Term Debt378,169,000448,216,000412,070,000
Other Liabilities Non Current14,945,00012,547,00010,103,000
Total Liabilities Non Current552,791,000590,180,000545,849,000
Total Liabilities768,607,000806,193,000725,292,000
Common Stock7,0007,0006,000
Retained Earnings200,954,000127,485,00070,220,000
Accumulated Other Comprehensive Income-1,296,000-965,000-2,015,000
Total Shareholders Equity517,142,000448,910,000385,548,000
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Cash Flow Statements
Fiscal Year202520242023
Depreciation And Amortization43,422,00042,699,00042,525,000
Share Based Compensation Expense11,470,0008,580,0006,316,000
Other Non Cash Income Expense2,300,000886,000
Change In Accounts Receivable-47,861,00063,220,0009,921,000
Change In Inventories436,0004,898,00011,000,000
Change In Non Trade Receivables
Change In Other Assets
Change In Accounts Payable14,172,0008,689,0001,376,000
Change In Other Liabilities
Cash From Operating Activities246,678,00070,062,00047,425,000
Purchases Of Marketable Securities
Sales Of Marketable Securities
Acquisition Of Property Plant And Equipment147,218,000125,145,000150,840,000
Acquisition Of Business
Other Investing Activities
Cash From Investing Activities-144,609,000-115,695,000-120,141,000
Tax Withholding For Share Based Compensation1,206,0001,332,0001,019,000
Payments Of Dividends
Issuance Of Common Stock
Repurchase Of Common Stock11,594,000
Issuance Of Long Term Debt271,000,00086,000,000208,000,000
Repayment Of Long Term Debt
Other Financing Activities
Cash From Financing Activities-98,924,00032,088,00089,931,000
Change In Cash3,145,000-13,545,00017,215,000
Cash At End Of Period13,361,00010,216,000920,000
Income Taxes Paid2,169,0002,489,000132,000
Interest Paid30,325,00029,729,000
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Key Metrics
Fiscal Year202520242023
Earnings Per Share1.10.850.21
Price To Earnings Ratio11.927313.282436.5714
Earnings Growth Rate29.4118304.7619-140.3846
Price Earnings To Growth Ratio0.40550.0436-0.2605
Book Value Per Share7.73376.69175.8004
Price To Book Ratio1.69651.68721.324
Ebitda136,372,000121,009,00056,563,000
Enterprise Value1,297,129,2801,230,389,6501,011,631,920
Dividend Yield
Dividend Payout Ratio
Debt To Equity Ratio0.83761.07641.3022
Capital Expenditures143,459,000131,343,000113,223,000
Free Cash Flow103,219,000-61,281,000-65,798,000
Return On Equity0.14210.12760.0361
One Year Beta1.07621.55991.0906
Three Year Beta1.18350.98070.8841
Five Year Beta1.0050.91430.8617
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
BAYER RYANVP & CAO2026-02-237,165A31,739
BEYKO ELENISVP - Offshore Energy2026-02-2316,320A121,834
Petterson LasseDirector, CEO & President2026-02-23132,825A1,292,202
Schiffer VivienneSVP, CLO, CCO & Corp Secretary2026-02-2319,149A101,330
HANSON WILLIAM HSVP, Market Development2026-02-238A68,985
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
Caitong International Asset Management Co., Ltd2025-12-3110,31278613.1196
Sunbelt Securities, Inc.2025-12-313022313.1304
Invesco Ltd.2025-12-311,568,207119,52813.12
Corient Private Wealth LLC2025-12-31135,57110,33313.1202
NewEdge Advisors, LLC2025-12-31266,16620,28713.12
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
Lazard Active ETF Trust2025-12-31Lazard US Systematic Small Cap Equity ETFSYZ9,461124,128.320.2245
RYDEX SERIES FUNDS2025-12-31Class CRYCMX931,220.160.0145
RYDEX SERIES FUNDS2025-12-31Class ARYAKX931,220.160.0145
RYDEX SERIES FUNDS2025-12-31Class HRYMKX931,220.160.0145
RYDEX DYNAMIC FUNDS2025-12-31H-Class SharesRYRSX3394,447.680.0081
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