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v3.25.3

Reportable Segment Information - Segment Reporting Information (Details) $ in Thousands | 3 Months Ended | 9 Months Ended |
--- | --- | --- | ---
Sep. 30, 2025 USD ($) | Sep. 30, 2024 USD ($) | Sep. 30, 2025 USD ($) segment | Sep. 30, 2024 USD ($) | Dec. 31, 2024 USD ($)
Segment Reporting Information [Line Items] |  |  |  |  |
Reportable segments | segment |  |  | 2 |  |
Revenue | $ 1,433,498 | $ 1,275,510 | $ 3,259,009 | $ 3,030,271 |
Cost of revenue | 1,172,950 | 1,072,561 | 2,715,513 | 2,608,326 |
Gross profit | 260,548 | 202,949 | 543,496 | 421,945 |
Selling, general and administrative expenses | 101,645 | 91,650 | 303,443 | 249,695 |
Gain on sales of property and equipment, net | (767) | (1,542) | (6,110) | (4,347) |
Operating income | 143,651 | 104,298 | 207,465 | 146,819 |
Depreciation, depletion and amortization | 46,829 | 28,664 | 108,332 | 77,262 |
Segment assets as of period end | 4,145,320 |  | 4,145,320 |  | $ 3,025,655
Operating Segments |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenue | 1,539,072 | 1,378,103 | 3,448,552 | 3,219,442 |
Selling, general and administrative expenses | 62,364 | 55,643 | 187,581 | 156,102 |
Gain on sales of property and equipment, net | (1,142) | (1,490) | (5,800) | (5,033) |
Operating income | 199,326 | 148,796 | 361,715 | 270,876 |
Segment assets as of period end | 2,042,348 | 1,250,911 | 2,042,348 | 1,250,911 |
Consolidation, Eliminations |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenue | (105,574) | (102,593) | (189,543) | (189,171) |
Construction |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenue | 1,162,513 | 1,080,705 | 2,714,557 | 2,593,872 |
Cost of revenue | 970,167 | 910,020 | 2,283,107 | 2,230,987 |
Gross profit | 192,346 | 170,685 | 431,450 | 362,885 |
Depreciation, depletion and amortization | 27,935 | 16,979 | 61,610 | 44,183 |
Construction | Operating Segments |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenue | 1,162,513 | 1,080,705 | 2,714,557 | 2,593,872 |
Selling, general and administrative expenses | 52,390 | 47,526 | 163,040 | 137,701 |
Gain on sales of property and equipment, net | (2,298) | (1,424) | (4,826) | (4,405) |
Operating income | 142,254 | 124,583 | 273,236 | 229,589 |
Segment assets as of period end | 716,082 | 604,257 | 716,082 | 604,257 |
Construction | Consolidation, Eliminations |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenue | 0 | 0 | 0 | 0 |
Materials |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenue | 270,985 | 194,805 | 544,452 | 436,399 |
Cost of revenue | 202,783 | 162,541 | 432,406 | 377,339 |
Gross profit | 68,202 | 32,264 | 112,046 | 59,060 |
Depreciation, depletion and amortization | 18,894 | 11,685 | 46,722 | 33,079 |
Materials | Operating Segments |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenue | 376,559 | 297,398 | 733,995 | 625,570 |
Selling, general and administrative expenses | 9,974 | 8,117 | 24,541 | 18,401 |
Gain on sales of property and equipment, net | 1,156 | (66) | (974) | (628) |
Operating income | 57,072 | 24,213 | 88,479 | 41,287 |
Segment assets as of period end | 1,326,266 | 646,654 | 1,326,266 | 646,654 |
Materials | Consolidation, Eliminations |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenue | $ (105,574) | $ (102,593) | $ (189,543) | $ (189,171) |

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