Disaggregation of Revenue

3 Months Ended

Mar. 31, 2025

Revenue from Contract with Customer [Abstract]

In addition to disaggregating revenue by reportable segment (see Note 18), we further disaggregate Construction segment revenue by customer type and Materials segment revenue by product line. We believe this best depicts how the nature, amount, timing and uncertainty of our revenue and cash flows are affected by economic factors.

Construction Segment Disaggregation by Customer Type

Customers in our Construction segment are predominantly in the public sector which includes certain federal agencies, state departments of transportation, local transit authorities, county and city public works departments and school districts. Our private sector customers include, but are not limited to, developers, utilities and private owners of industrial, commercial and residential sites.

Materials Segment Disaggregation by Product Line

The Materials segment focuses primarily on production of aggregates, recycled materials, asphalt concrete and liquid asphalt. In the first quarter of 2025, we began disaggregating Materials segment revenue by product line. We categorize aggregates and recycled materials as Aggregates and asphalt concrete and liquid asphalt as Asphalt in the table below. Other includes immaterial amounts of revenue from products and services that are not considered to be core product lines.

The following table presents our revenue disaggregated by reportable segment, by customer type for our Construction segment and product line for our Materials segment:


	Three Months Ended March 31,
(in thousands)	2025		2024
Construction segment revenue:
Public	$	395,885	$	419,816
Private	218,733		175,397
Total Construction segment revenue	$	614,618	$	595,213
Materials segment revenue:
Aggregates	$	40,402	$	36,089
Asphalt	43,982		40,813
Other	545		160
Total Materials segment revenue	$	84,929	$	77,062
Total revenue	$	699,547	$	672,275