BBCP Concrete Pumping Holdings, Inc.

Overview and Growth

Fiscal 2025 results for Concrete Pumping Holdings, Inc. combined $392.87M of revenue with net income of $6.37M and an operating cash inflow of $64.31M. At $392.87M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Revenue was 7.7% below fiscal 2024 revenue of $425.87M, marking a top-line contraction. Diluted earnings per share were $0.09, translating the period’s attributable earnings into the amount reported for each diluted share. Diluted EPS decreased by 65.4% from $0.26 in fiscal 2024, showing how the earnings change reached shareholders on a per-share basis. The revenue-to-assets relationship was 0.45x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

Gross profit was $151.12M, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. Gross profit represented 38.5% of revenue, showing how much of the top line remained after direct costs. Operations produced $41.53M of income after the reported operating expense base, before the remaining non-operating and tax effects. Relative to revenue, operating income represented 10.6%, showing how efficiently sales converted into operating profit. After all reported below-operating-line items, the company recorded net income of $6.37M for the fiscal year. Measured against reported revenue, net income produced a 1.6% margin after operating costs and the remaining recognized items. Before income taxes, the company reported $10.05M of earnings, providing a bridge between the operating result and final net income. Measured against revenue, pretax income equaled 2.6%, adding a pre-tax profitability layer between revenue and net income. The company recognized $3.68M of income tax for the period, completing the transition from pretax income to net income. Relative to pretax income, the tax provision measured 36.6%, quantifying the portion of pre-tax earnings paid in income tax.

Liquidity and Capital Structure

The company held $879.54M of assets against $589.75M of liabilities and $264.79M of equity, revealing how the asset base was financed. Current assets were $113.35M against $52.28M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. The current ratio was 2.17x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Reported cash and equivalents were $44.39M, separating immediately recognizable cash resources from the rest of the current-asset base. Measured only with cash and equivalents, coverage of current liabilities was 84.9%, excluding receivables and other current assets. The company carried $417.89M of total debt at period end, which frames its leverage and debt-service burden. Debt equaled 1.58x of book equity, describing the relative scale of borrowing and shareholder capital. Debt represented 47.5% of total assets, placing borrowing in the context of the company’s full resource base. Liabilities represented 67.1% of total assets, quantifying the liability-funded share of the company’s resource base. The cash-to-assets relationship was 5.0%, comparing reported cash and equivalents with the full positive asset balance.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $64.31M, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. The operating-cash-flow-to-net-income relationship was 10.09x, comparing cash generated by operations with the bottom-line earnings result. Capital spending was $46.79M, absorbing part of the cash generated from operations before free cash flow. Capital spending absorbed 72.7% of operating cash flow, quantifying the share of cash from operations directed to investment. Free cash flow came to $17.53M, leaving a positive amount after capital expenditures. Free cash flow represented 4.5% of revenue, linking post-investment cash generation with the company’s operating scale. The free-cash-flow-to-assets relationship was 2.0%, comparing post-investment cash with the balance-sheet asset base.

Based on the annual report for the fiscal year ending Oct 31, 2025. Analysis generated Oct 21, 2026.