Arcosa, Inc. (ACA) intrinsic value & 10-year financials
Arcosa, Inc. (ACA) has a Graham intrinsic value of $74.62 per share. At $147.06 on Oct 17, 2026, the stock trades 97% above that value. Over the last 10 fiscal years revenue grew 6.0% a year to $2.9B, with an average return on invested capital of 6.6%.
- Graham intrinsic value
- $74.62
- Share price (Oct 17, 2026)
- $147.06
- Price vs Graham value
- 97% above
- Market cap
- $7.2B
- Revenue (FY2025)
- $2.9B
- Revenue growth (10-yr CAGR)
- 6.0%
- ROIC (10-yr avg)
- 6.6%
- Free cash flow (FY2025)
- $175.5M
ACA 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $2.9B | $208.4M | $4.24 | $175.5M | 11.9% | 7.5% |
| FY2024 | $2.6B | $93.7M | $1.91 | $312.3M | 7.7% | 4.2% |
| FY2023 | $2.3B | $159.2M | $3.26 | $57.5M | 9.4% | 6.6% |
| FY2022 | $2.2B | $245.8M | $5.05 | $36.3M | 15.6% | 10.5% |
| FY2021 | $2.0B | $69.6M | $1.42 | $81.4M | 5.3% | 3.9% |
| FY2020 | $1.9B | $106.6M | $2.18 | $177.8M | 7.8% | 6.3% |
| FY2019 | $1.7B | $113.3M | $2.32 | $273.4M | 8.8% | 6.9% |
| FY2018 | $1.5B | $75.7M | $1.54 | $73.7M | 6.5% | 4.8% |
| FY2017 | $1.5B | $89.7M | $1.84 | $79.6M | 9.0% | 6.5% |
| FY2016 | $1.7B | $123.0M | $2.52 | $143.0M | 11.8% | 9.3% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Arcosa, Inc. has demonstrated mature, steady growth, with revenue compounding at 6.0% annually over the past decade.
Arcosa, Inc. has historically struggled to out-earn its cost of capital, averaging just 6.3% ROIC.
Arcosa, Inc. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Arcosa, Inc. is modeled at 6.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $74.62 per share.