Is Great Lakes Dredge & Dock (GLDD) overvalued? · P/E 12, rev $762.7M
Great Lakes Dredge & Dock (GLDD) is a engineering & construction company listed on US.
This page asks whether Great Lakes Dredge & Dock (GLDD) looks expensive on cached numbers — not a short thesis.
Latest reported GLDD revenue for 2024-12-31 was $762.7M. Net income was $57.3M. Revenue was up 29.4% from 2023-12-31 to 2024-12-31. GLDD currently screens at market cap $829.4M and trailing P/E 12.0.
GLDD currently screens at market cap $829.4M and trailing P/E 12.0. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next GLDD 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the GLDD stock page for the full model, not this heading.
Not investment advice.