Is the business good?
How good a business is CDNL?
Cardinal Infrastructure Group Inc. earns 15% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
15%
Return on invested capital · cost of capital 9.0% · 5.9 points above what the capital costs: growth creates value
- Operating margin
- 8.6%
Operating margin · Engineering & Construction median 7.4% · 12 months to Q2 2026
- Cash conversion
- −0.88×
Cash conversion · some of the reported profit has not turned into cash yet
- Gross margin
- 19%
Gross margin
| Year | Operating margin |
|---|---|
| FY2023 | 12% |
| FY2024 | 11% |
| FY2025 | 8.9% |
Details›
- Gross margin12 months to Q2 2026
- 19%
- Operating margin12 months to Q2 2026
- 8.6%
- Net margin12 months to Q2 2026
- 3.6%
- Free cash flow margin
- −3.1%
- Revenue, trailing twelve months
- $582M
- Free cash flow, trailing twelve months
- −$18M
- Net income, trailing twelve months
- $21M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 15%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Engineering & Construction
Ranks #15 of 27 by Smart Score