Financial Data and Key Metrics Changes - Arcosa reported a 3% revenue growth year-over-year, with adjusted EBITDA remaining consistent with last year's record levels [4][6] - Adjusted net income declined by 18% primarily due to increased non-cash expenses, particularly depreciation and amortization from recent acquisitions [6] Business Line Data and Key Metrics Changes - The Construction Products segment, which now accounts for over 50% of adjusted EBITDA, saw a 38% revenue growth and a 17% increase in adjusted EBITDA, despite adverse weather conditions [11][12] - Engineered Structures revenue increased by 9%, with adjusted EBITDA rising by 25% to $38 million, aided by a resolution of a customer dispute [14] - The Transportation Products segment experienced a significant downturn, with revenue down 47% and adjusted EBITDA decreasing by 73% due to lower utilization [16] Market Data and Key Metrics Changes - The Phoenix metropolitan area is highlighted as one of the fastest-growing construction markets in the U.S., with strong infrastructure spending supporting growth opportunities [9][21] - Arizona ranked first in infrastructure spending on highway contracts over the past five years, indicating a favorable market environment for Arcosa [9] Company Strategy and Development Direction - The company is focusing on integrating recent acquisitions and pursuing organic growth opportunities while simplifying its overall portfolio [10][19] - The acquisition of Southwest Rock Products is part of a strategy to enhance margins and growth potential in less cyclical markets [5][9] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the construction market's recovery, driven by strong demand for aggregates and infrastructure projects [21][22] - The outlook for the Engineered Structures segment remains positive, with expectations for year-over-year growth in the second half of the year [22][23] - Management acknowledged challenges in the Transportation Products segment but noted signs of recovery in the railcar OEM market [25][26] Other Important Information - The company maintains a consolidated adjusted EBITDA guidance of $270 million to $290 million for 2021, reflecting a strong performance despite headwinds in the Transportation Products segment [27] - The company has over $300 million in available liquidity and no near-term debt maturities, indicating a strong financial position [19] Q&A Session Summary Question: What is the impact of steel prices on the barge business? - Management indicated that while steel prices are high, they expect a reduction in prices due to increased capacity coming online in 2022, which should improve order flow [31][33] Question: How does the guidance reflect the addition of StonePoint and the outlook for aggregates? - The guidance remains unchanged, with the addition of Southwest Rock contributing positively, while challenges in the Transportation Products segment are acknowledged [36][38] Question: What are the expected margins for Southwest Rock under Arcosa? - Management expects Southwest Rock's margins to align with industry peers in the mid-thirties, with potential for higher margins during periods of strong demand [54] Question: How are customers approaching capital deployment for barges? - Customers are assessing the economic viability of new barge orders in light of high steel prices, with expectations for a gradual recovery in demand [55][58] Question: What is the strategy for future acquisitions? - The focus will be on integrating recent acquisitions and pursuing organic growth, with potential for bolt-on acquisitions in existing metropolitan areas [68][69]

Arcosa, Inc. (NYSE:ACA) Q1 2021 Earnings Conference Call April 30, 2021 8:30 AM ET Company Participants Gail Peck - SVP Finance and Treasurer Antonio Carrillo - President and CEO Scott Beasley - CFO Conference Call Participants Ian Zaffino - Oppenheimer Brent Thielman - DA Davidson Julio Romero - Sidoti Justin Bergner - G. Research Operator Good morning, ladies and gentlemen, and welcome to the Arcosa, Inc. First Quarter 2021 Earnings Conference Call. My name is Mallory, and I will be your conference call c ...

Financial Performance - Q1 2021 results exceeded expectations due to strong Construction Products performance[8] - Winter Storm Uri negatively impacted Adjusted EBITDA by $4-5 million in Q1 2021[15] - The company is raising Full Year Adjusted EBITDA guidance to $270 million - $290 million to incorporate StonePoint[8] - Q1 2021 Adjusted EBITDA was $56.5 million, with an Adjusted EBITDA Margin of 12.8%[72] - Net debt / Adjusted EBITDA ratio was 1.9x after issuing $400 million of senior notes at 4.375% to fund the StonePoint acquisition[8, 30] Segment Performance - Construction Products Adjusted Segment EBITDA was roughly flat compared to Q1 2020, with a margin of 21.5%[18, 21] - Engineered Structures revenues declined, and Adjusted Segment EBITDA margin was 12.8%[22, 25] - Transportation Products maintained margins above 10% despite operating well below capacity[26] Strategic Initiatives - StonePoint Materials acquisition was completed on April 9, expected to generate ~$125 million in revenues and ~$30 million in Adjusted EBITDA in 2021[36, 37] - The company published its inaugural full year Sustainability Report in April 2021, highlighting a 12% reduction in GHG Emissions Intensity and a 16% reduction in municipal water intensity in 2020[8, 53, 54]

Arcosa, Inc. (NYSE:ACA) Q4 2020 Earnings Conference Call February 25, 2021 8:30 AM ET Company Participants Gail Peck - Senior Vice President, Finance & Treasurer Antonio Carrillo - President & Chief Executive Officer Scott Beasley - Chief Financial Officer Conference Call Participants Brent Thielman - D.A. Davidson Ian Zaffino - Oppenheimer Stefanos Crist - CJS Securities Justin Bergner - G. Research Operator Good morning, ladies and gentlemen, and welcome to the Arcosa Inc. Fourth Quarter 2020 Earnings Con ...

2020 Highlights - Arcosa achieved 11% Revenue growth and 18% Adjusted EBITDA growth[8] - The company generated $178 million of Free Cash Flow[8] - Construction Products EBITDA has almost doubled since 2018[8] 2021 Outlook - 2021 guidance range: Revenue of $1.78-1.90 billion and Adjusted EBITDA of $250-270 million[9] - Total Transportation Products Adjusted EBITDA expected to be $35-40 million, down from 2020's $78 million[56] - Full year 2021 tax rate is expected to be ~23-25%[66] Q4 and Full Year 2020 Results - Q4-2020 Revenue grew 3% and Adjusted EBITDA grew 6%[18] - Full Year 2020 Adjusted EBITDA Margin was 14.7%[82] - Construction Products Adjusted Segment EBITDA grew 73% in Q4 and 50% for the full year[24] - Transportation Products Full Year EBITDA was up 22%[33]