Arcosa, Inc. (ACA) Stock

Arcosa, Inc. (ACA) is a Materials stock trading at $145.40 (as of 2026-08-20), with a market capitalization of $7.14B and a trailing P/E of 14.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Arcosa, Inc. and its subsidiaries provide infrastructure-related products and solutions for construction, energy, and transportation customers in North America. It operates through three segments: Construction Products (aggregates, specialty materials, trench shields and shoring), Engineered Structures (utility, wind, traffic and lighting, and storage and distribution structures), and Transportation Products (barges and related components, cast components, and axles).

Understand Arcosa, Inc.: how it makes money

Arcosa sells infrastructure-related construction and transportation products in North America, including natural and recycled aggregates and specialty materials (plus trench shields and shoring products), engineered structures, and transportation products such as inland barges.

Arcosa has a profit model that starts with gross margin of 21.1% on its construction and infrastructure product sales, and then relies on controlling operating costs to turn that into an 8.2% operating margin.

Revenue by segment (latest quarter)
Constr Prod	$0.3B
Eng Struct	$0.3B
Transp Prod	$0.1B

Business quality (Weak): Clear three-segment structure is provided, with segment-level operating performance referenced for Engineered Structures (Adjusted EBITDA) and consolidated profitability shown via gross and operating margins (21.1% and 8.2%).

Valuation: At 32× earnings, ACA trades 33% above the Construction Materials average (24×). Note: one-time items can distort reported P/E.

Bull case

Meaningful contribution from the two largest segments: In the provided segment revenue candidates, Construction Products and Engineered Structures are the largest, at 0.28B and 0.3B (USD_B) respectively.
Positive profitability at the company level: For the period ended 2026-03-31, Arcosa reports gross margin of 21.1% and operating margin of 8.2%.

Bear case

Profitability depends on cost control after gross profit: With operating margin at 8.2% versus gross margin of 21.1%, operating earnings are sensitive to operating cost pressures.
Sales are tied to activity in construction and infrastructure markets: Arcosa provides products and solutions for construction, energy, and transportation markets in North America, so changes in customer activity in those markets can affect results.

Valuation — source: SEC EDGAR (first-party)
Price	$145.40
Market Cap	$7.14B
P/E Ratio	14.5
EV / EBITDA	12.2
Price / Book	2.39
Price / Sales	2.60
FCF Yield	1.9%
DCF Value (model)	$90.83
DCF Upside vs Price	-37.5%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$2.88B
Net Margin	7.2%
Revenue Growth (YoY)	-10.6%
EPS Growth (YoY)	447.5%
FCF Growth (YoY)	-309.6%

Financial Health — source: SEC EDGAR
Altman Z-Score	3.04 (safe)

Valuation vs Sector & Industry
Stock P/E	14.5
Sector P/E (Materials)	25.1
Industry P/E (Construction Materials)	22.6
vs Sector	-42.1%
vs Industry	-35.6%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	BlackRock, Inc. ($808.74M)
Institutional Holders Tracked	10
Congressional Trades (recent)	1

Company
Sector	Materials
Industry	Construction Materials
CEO	Antonio Carrillo
Employees	6,250
Country	US
IPO Date	2019-02-28

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Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.