GLDD Great Lakes Dredge & Dock PE ratio, current and historical analysis
The PE ratio for Great Lakes Dredge & Dock stock stands at 9.91 as of Feb 21, 2025. This results from the current EPS of $0.85 and stock price of $8.42. A decrease of 25% has been seen in the P/E ratio compared to the average of 13.3 of the last 4 quarters.
GLDD PE ratio history
Over the last ten years, the average PE ratio of Great Lakes Dredge & Dock has been 20.69. The current 9.91 PE ratio is 52% below the historical average. Over the past ten years, GLDD's PE ratio was at its highest in the Mar 2015 quarter at 46.23, with a price of $6.01 and an EPS of $0.13. The Mar 2020 quarter recorded the bottom point at 7.98, with a price of $8.3 and an EPS of $1.04.
Great Lakes Dredge & Dock PE ratio by year
Maximum annual increase: 62.35% in 2021
Maximum annual decrease: -63.69% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 13.28 | -63.69% | $11.29 | $0.85 |
| 2023 | 36.57 | N/A | $7.68 | $0.21 |
| 2022 | N/A | N/A | $5.95 | -$0.52 |
| 2021 | 20.96 | 62.35% | $15.72 | $0.75 |
| 2020 | 12.91 | -11.15% | $13.17 | $1.02 |
| 2019 | 14.53 | N/A | $11.33 | $0.78 |
| 2018 | N/A | N/A | $6.62 | -$0.1 |
| 2017 | N/A | N/A | $5.4 | -$0.51 |
| 2016 | N/A | N/A | $4.2 | -$0.13 |
| 2015 | N/A | N/A | $3.96 | -$0.1 |
| 2014 | 47.56 | N/A | $8.56 | $0.18 |
| 2013 | N/A | N/A | $9.2 | -$0.58 |
| 2012 | N/A | N/A | $8.93 | -$0.04 |
| 2011 | 19.86 | 59.01% | $5.56 | $0.28 |
| 2010 | 12.49 | -42.18% | $7.37 | $0.59 |
Great Lakes Dredge & Dock PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 13.28 | 12.26% | $11.29 | $0.85 |
| Sep 2024 | 11.83 | -9.69% | $10.53 | $0.89 |
| Jun 2024 | 13.1 | -11.67% | $8.78 | $0.67 |
| Mar 2024 | 14.83 | -59.45% | $8.75 | $0.59 |
| Dec 2023 | 36.57 | N/A | $7.68 | $0.21 |
| Sep 2023 | N/A | N/A | $7.97 | -$0.59 |
| Jun 2023 | N/A | N/A | $8.16 | -$0.65 |
| Mar 2023 | N/A | N/A | $5.43 | -$0.74 |
| Dec 2022 | N/A | N/A | $5.95 | -$0.52 |
| Sep 2022 | 22.97 | 20.89% | $7.58 | $0.33 |
| Jun 2022 | 19 | 5.61% | $13.11 | $0.69 |
| Mar 2022 | 17.99 | -14.17% | $14.03 | $0.78 |
| Dec 2021 | 20.96 | -24.98% | $15.72 | $0.75 |
| Sep 2021 | 27.94 | -0.57% | $15.09 | $0.54 |
| Jun 2021 | 28.1 | 21.43% | $14.61 | $0.52 |
GLDD average PE ratio chart
GLDD's current P/E ratio is below the 3, 5 and 10-year averages.
GLDD PE vs peers
GLDD's PE ratio is lower than its peer stocks MTZ and KBR. Great Lakes Dredge & Dock is presently trading at a lower PE ratio (9.91) than its peer group average of 27.44.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GLDD Great Lakes Dredge & Dock CORP | 9.91 | $566.52M |
| STRL Sterling Construction Co Inc | 19.41 | $3.57B |
| KBR Kbr Inc | 20.73 | $6.55B |
| PRIM Primoris Services Corp | 21.5 | $3.55B |
| DY Dycom Industries Inc | 22.27 | $5B |
| GVA Granite Construction Inc | 28.54 | $3.57B |
| MYRG Myr Group Inc | 52.16 | $1.94B |
| MTZ Mastec Inc | 110.97 | $10.02B |
| ORN Orion Group Holdings Inc | N/A | $275.03M |
| MTRX Matrix Service Co | N/A | $361.1M |
| TPC Tutor Perini Corp | N/A | $1.16B |
Frequently asked questions
What is Great Lakes Dredge & Dock's PE ratio?
GLDD's price to earnings ratio is 9.91 as of Feb 21, 2025.
What is the 3-year average PE ratio for Great Lakes Dredge & Dock (GLDD)?
As an average over the last 3 years, GLDD stock has a PE ratio of 18.7.
What is the 5-year average PE ratio for Great Lakes Dredge & Dock (GLDD)?
As an average over the last 5 years, GLDD stock has a PE ratio of 17.99.
What is the highest PE ratio for GLDD?
In the last ten years, the Mar 2015 quarter recorded the highest quarterly PE ratio at 46.23.
How does the current PE ratio for GLDD compare to its historical average?
GLDD's price to earnings ratio is currently 52% below its 10-year historical average.
Why is Great Lakes Dredge & Dock's PE ratio so low?
GLDD's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
How is GLDD's PE ratio calculated (Great Lakes Dredge & Dock PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Feb 21, 2025), Great Lakes Dredge & Dock's stock price is $8.42. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $0.85. Therefore, Great Lakes Dredge & Dock's P/E ratio for today is 9.91. PE RATIO(9.91) = STOCK PRICE($8.42) / TTM EPS($0.85)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.