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Cardinal Infrastructure Group I (CDNL) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Cardinal Infrastructure Group I
NasdaqGS•Industrials•Engineering & Construction
$33.54-2.11(-0.06%)Pre-market
Market Cap
$522.79M
P/B
0.9x

Cardinal Infrastructure Group Inc., a civil contracting company, provides site development and infrastructure services to the residential, commercial, industrial, municipal, and state infrastructure markets in the southeastern United States. It offers wet utility installations, such as water, sewer, and stormwater systems, as well as grading, site clearing, erosion control, drilling and blasting, paving, and other related site services. The company was formerly known as Civil Infrastructure Group Inc. and changed its name to Cardinal Infrastructure Group Inc. in September 2025. The company was founded in 2013 and is headquartered in Raleigh, North Carolina.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/B · 0.9x5y range 0.9x – 2.5x
P/B 0.9x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Cash Burn

Watch

FCF turned negative in 3 of the last 3 quarters — occasional cash consumption.

Price & Volume
Market Cap $522.79M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$0
Q. Revenue
$226.93M
TTM EBITDA
$0
TTM Op. Income
$0
Q. Op. Income
$15.48M
TTM Net Income
$0
Q. Net Income
$4.68M
EPS
$0.3
2Q
Shares Out.
$15.59M
2Q

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin
15.9%
2Q
EBITDA Margin
11.9%
2Q
Op. Margin
6.8%
2Q
Net Margin
2.1%

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
N/A
P/S Ratio
N/A
P/B Ratio
0.9x
2Q
P/S of 0.0x and P/B of 0.9x.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$1.01B
2Q
Cash
$339.09M
Long-Term Debt
$186.07M
2Q
Book Value
$593.49M
2Q
D/E Ratio
0.3
2Q
Debt/EBITDA
6.9
With $1.01B in assets and $186.07M in long-term debt, D/E is 0.3and book value is $593.49M — a conservative capital structure with a cushion to weather downturns. Across the last 3 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$12.68M
TTM Free Cash Flow
$0
FCF Margin
N/A
FCF / Net Income
N/A

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