Is the business good?
How good a business is ACA?
Arcosa, Inc. earns 6.6% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
6.6%
Return on invested capital · cost of capital 9.0% · 2.5 points below what the capital costs: growth destroys value
- Operating margin
- 12%
Operating margin · Engineering & Construction median 7.4% · 12 months to Q1 2026
- Cash conversion
- 1.07×
Cash conversion · 3.23× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- 0.00%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2020 | 7.8% |
| FY2021 | 5.3% |
| FY2022 | 16% |
| FY2023 | 9.4% |
| FY2024 | 7.7% |
| FY2025 | 12% |
Details›
- Gross margin12 months to Q1 2026
- 23%
- Operating margin12 months to Q1 2026
- 12%
- Net margin12 months to Q1 2026
- 7.9%
- Free cash flow margin
- 8.5%
- Revenue, trailing twelve months
- $2.82B
- Free cash flow, trailing twelve months
- $239M
- Net income, trailing twelve months
- $223M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 6.6%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Engineering & Construction
Ranks #23 of 27 by Smart Score