# Great Lakes Dredge & Dock Corporation · Edgar & Edgarette company card

> Great Lakes Dredge & Dock grew revenue 16.5% in FY2025 to $888 million, operating margin 14.4% against a 4.0% median for heavy construction other than bldg const - contractors, equity 40.2% of assets, and dividend per share up 1 year running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1372020 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/1372020) · [JSON](https://www.pops4.com/boards/company/1372020.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $888M |
| Revenue growth, 1 year | 16.5% |
| Revenue growth per year | 5.2% |
| Operating margin | 14.4% (prior year 12.2%) |
| Net margin | 8.3% |
| Operating cash flow | $247M |
| Capital spending | $147M |
| Free cash flow | $99M |
| Cash | $13M |
| Long-term debt | $378M |
| Total assets | $1.3B |
| Total equity | $517M |
| Equity ÷ assets | 40.2% |
| Return on equity | 14.2% |
| Dividend per share | $0.31 |
| Dividend years rising | 1 |

## Readings, computed from those figures

- Altman Z: 1.89 (grey zone)
- Piotroski F: 8 of 9 (strong)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $888.3M (FY2025), total debt $378.2M. Experience: revenue up 16.5% on the year, up 5.2% a year over 4 years; operating margin 14.4%, up from 12.2%. Soundness: equity 40.2% of assets, return on equity 14.2%, dividend per share up 1 year running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $777.8M and $1.3B next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $687.6M to $1.4B. A statistical range, not company guidance. Against peers (8 filers, $50M+ revenue, heavy construction other than bldg const - contractors): operating margin 14.4% against a 4.0% median; growth 16.5% against 4.8%.

Range logged 2026-10-31, receipt 8264eb198593465a, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 3.01 Exchange listing notice or transfer: 1, latest 2026-04-01 ([filing](https://www.sec.gov/Archives/edgar/data/1372020/000119312526136214/0001193125-26-136214-index.htm))
- Item 5.02 Director or officer change: 3, latest 2026-04-01 ([filing](https://www.sec.gov/Archives/edgar/data/1372020/000119312526136214/0001193125-26-136214-index.htm))

## Recent filings

- 8-K · filed 2026-04-01 · 1.01 Entry into a Material Definitive Agreement; 1.02 Termination of a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets; 3.01 Notice of Delisting or Failure to Satisfy a Listing Rule; 3.03 Material Modifications to Rights of Security Holders; 5.01 Changes in Control of Registrant; 5.02 Departure or Election of Directors; Appointment of Officers; 5.03 Amendments to Articles or Bylaws; Change in Fiscal Year; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1372020/000119312526136214/0001193125-26-136214-index.htm)
- 8-K · filed 2026-03-20 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/1372020/000119312526117940/0001193125-26-117940-index.htm)
- 8-K · filed 2026-03-18 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1372020/000117184326001707/0001171843-26-001707-index.htm)
- 10-K · filed 2026-02-23 · [filing](https://www.sec.gov/Archives/edgar/data/1372020/000119312526064007/0001193125-26-064007-index.htm)
- 8-K · filed 2026-02-23 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1372020/000117184326001020/0001171843-26-001020-index.htm)
- 8-K · filed 2026-02-12 · 8.01 Other Events · [filing](https://www.sec.gov/Archives/edgar/data/1372020/000117184326000790/0001171843-26-000790-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001372020.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1372020

## Cite

POPS4, Edgar & Edgarette: Great Lakes Dredge & Dock Corporation company card, from the company's own SEC filings, accessed 2026-11-06, https://www.pops4.com/boards/company/1372020. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.