Great Lakes Dredge & Dock

NASDAQ GLDD

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Great Lakes Dredge & Dock Cash and Short-Term Investments 2 year CAGR for the quarter ending March 31, 2024: -60.01%

Great Lakes Dredge & Dock Cash and Short-Term Investments 2 year CAGR is -60.01% for the quarter ending March 31, 2024, a -4.87% change year over year. Cash and Short-Term Investments is the sum of cash and short-term investments, representing the company's liquid assets. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Great Lakes Dredge & Dock Cash and Short-Term Investments for the quarter ending March 31, 2023 was USD 32.52 M, a -77.19% change year over year.
  • Great Lakes Dredge & Dock Cash and Short-Term Investments for the quarter ending March 31, 2022 was USD 142.58 M, a -19.77% change year over year.
  • Great Lakes Dredge & Dock Cash and Short-Term Investments for the quarter ending March 31, 2021 was USD 177.71 M, a -14.35% change year over year.
  • Great Lakes Dredge & Dock Cash and Short-Term Investments for the quarter ending March 31, 2020 was USD 207.47 M, a 68.70% change year over year.
NASDAQ: GLDD

Great Lakes Dredge & Dock

CEO Mr. Lasse J. Petterson
IPO Date Dec. 27, 2006
Location United States
Headquarters 9811 Katy Freeway, Houston, TX, United States, 77024
Employees 367
Sector Industrials
Industry Engineering & construction
Description

Great Lakes Dredge & Dock Corporation provides dredging services in the United States. The company engages in 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 that comprises of 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 land reclamations, channel deepening, and port infrastructure development. The company serves federal, state, and local governments; foreign governments; and domestic and foreign private concerns, such as utilities, oil and gas, and other energy companies. It operates hydraulic dredges, hopper dredges, mechanical dredges, unloaders, drill boats, and material and other barges equipment. 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.

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StockViz Staff

September 19, 2024

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