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GLDDGreat Lakes Dredge & Dock

NASDAQ · Industrials · Engineering & Construction

Great Lakes Dredge & Dock (GLDD) is a engineering & construction company listed on NASDAQ. It is led by Lasse J. Petterson, based in 9811 Katy Freeway, Houston, TX, United States, 77024, with about 381 employees. Great Lakes Dredge & Dock Corporation provides dredging services in the United States. The company offers capital dredging that consists of port expansion projects; coastal restoration and land reclamations; trench digging for pipelines, tunnels, and cables; and other dredging related to the construction of breakwaters, jetties, canals, and other marine structures. It is also involved in coastal protection projects comprising moving sand from the ocean floor to shoreline locations where erosion threatens shoreline assets; maintenance dredging, which consists of the re-dredging of previously deepened waterways and harbors to remove silt, sand, and other accumulated sediments; lake and river dredging, inland levee and construction dredging, environmental restoration and habitat improvement, and other marine construction projects; and foreign capital projects, such as channel deepening and port infrastructure development. In addition, the company operates hydraulic dredges, hopper dredges, mechanical dredges, unloaders, drill boats, and material and other barges equipment. It serves federal, state, and local governments; foreign governments; and domestic and foreign private concerns comprising utilities, oil and gas, and other energy companies. The company was formerly known as Lydon & Drews Partnership and changed its name to Great Lakes Dredge & Dock Corporation in 1905. Great Lakes Dredge & Dock Corporation was founded in 1890 and is headquartered in Houston, Texas.

Latest reported GLDD revenue for 2025-09-30 was $195.2M. Net income was $60.8M. Revenue was up 0.7% from 2025-06-30 to 2025-09-30. GLDD currently screens at market cap $829.4M and trailing P/E 12.0.

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About Great Lakes Dredge & Dock

Great Lakes Dredge & Dock Corporation provides dredging services in the United States. The company offers capital dredging that consists of port expansion projects; coastal restoration and land reclamations; trench digging for pipelines, tunnels, and cables; and other dredging related to the construction of breakwaters, jetties, canals, and other marine structures. It is also involved in coastal protection projects comprising moving sand from the ocean floor to shoreline locations where erosion threatens shoreline assets; maintenance dredging, which consists of the re-dredging of previously deepened waterways and harbors to remove silt, sand, and other accumulated sediments; lake and river dredging, inland levee and construction dredging, environmental restoration and habitat improvement, and other marine construction projects; and foreign capital projects, such as channel deepening and port infrastructure development. In addition, the company operates hydraulic dredges, hopper dredges, mechanical dredges, unloaders, drill boats, and material and other barges equipment. It serves federal, state, and local governments; foreign governments; and domestic and foreign private concerns comprising utilities, oil and gas, and other energy companies. The company was formerly known as Lydon & Drews Partnership and changed its name to Great Lakes Dredge & Dock Corporation in 1905. Great Lakes Dredge & Dock Corporation was founded in 1890 and is headquartered in Houston, Texas.

GLDD Key Statistics

Market Cap

$829.38M

P/E Ratio

11.95

0

EPS

$0.84

Revenue

$762.69M

Net Income

$57.27M

Gross Profit

$0.00

Free Cash Flow

$0.00

Revenue Growth

+29.4%

Profit Margin

7.5%

Employees

381

GLDD Financials

Annual income statement in USD. Latest reported periods first.

GLDD annual income statement across FY2024, FY2023, FY2022, FY2021
LineFY2024FY2023FY2022FY2021
Revenue$762.69M$589.63M$648.78M$726.15M
Cost of Revenue$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00$0.00
Net Income$57.27M$13.91M-$34.05M$49.43M
EPS (Diluted)$0.84$0.21-$0.52$0.75

Total Assets

$1.26B

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$10.22M

Operating Cash Flow

$70.06M

Free Cash Flow

$0.00

Great Lakes Dredge & Dock Company Information

CEO, President & Director
Lasse J. Petterson
Headquarters
9811 Katy Freeway, Houston, TX, United States, 77024
Phone
346 359 1010
IPO / Founded
2006-12-27
Industry
Engineering & Construction
Data Updated:

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