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Great Lakes Dredge & Dock Hits 24.7% EBITDA Margin: What's Next?

Key Takeaways Q1 2025 adjusted EBITDA margin of GLDD rose 230 bps year over year to reach 24.7%. New fleet investments and public infrastructure funding are driving margin and revenue growth. GLDD stock rose 31.8% in three months and trades at a discount to peers with rising EPS estimates.Great Lakes Dredge & Dock Corporation’s (GLDD) margin expansion is advocating its competitive ability to secure large-scale capital and coastal protection projects alongside mainstream dredging services. In the first qua ...