Great Lakes Dredge & Dock Corporation

Great Lakes Dredge & Dock Corporation - Current Ratioverified

GLDD

Price:

$17

Market Cap:

$1.14B

Great Lakes Dredge & Dock Corporation (GLDD) stands as a leading provider of dredging solutions across the United States. The company undertakes a diverse array of projects, encompassing significant capital dredging activities for port expansions, coastal restoration efforts, and the creation of new landmasses through reclamation. Additionally, GLDD specializes in excavating trenches for critical infrastructure like pipelines, tunnels, and cables, alongside the construction of various marine structures such as breakwaters, jetties, and canals. Beyond these large-scale endeavors, GLDD is actively involved in coastal protection initiatives, which entail relocating sand from the seabed to vulne...[Read more]

Industry

Engineering & Construction

IPO Date

2006-12-27

Stock Exchange

NASDAQ

Ticker

GLDD

The Current Ratio as of June 2026 (TTM) for Great Lakes Dredge & Dock Corporation (GLDD) is 0.97

According to Great Lakes Dredge & Dock Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.97. This represents a change of -16.08% compared to the average of 1.15 of the last 4 quarters.

Great Lakes Dredge & Dock Corporation (GLDD) Historical Current Ratio (quarterly & annually)

How has GLDD Current Ratio performed in the past?

The mean historical Current Ratio of Great Lakes Dredge & Dock Corporation over the last ten years is 1.49. The current 0.97 Current Ratio has changed 6.39% with respect to the historical average. Over the past ten years (40 quarters), GLDD's Current Ratio was at its highest in in the September 2021 quarter at 2.17. The Current Ratio was at its lowest in in the December 2025 quarter at 0.97.

Quarterly (TTM)
Annual

Average

1.49

Median

1.37

Minimum

0.97

Maximum

2.12

Great Lakes Dredge & Dock Corporation (GLDD) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Great Lakes Dredge & Dock Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 39.53%

Maximum Annual Current Ratio = 2.12

Minimum Annual Increase = -46.11%

Minimum Annual Current Ratio = 0.97

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.97-17.42%
20241.17-7.10%
20231.2610.60%
20221.14-46.11%
20212.122.85%
20202.0639.53%
20191.4716.37%
20181.27-27.38%
20171.742.14%
20161.716.57%

Great Lakes Dredge & Dock Corporation (GLDD) Average Current Ratio

How has GLDD Current Ratio performed in the past?

The current Current Ratio of Great Lakes Dredge & Dock Corporation (GLDD) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.13

5-year avg

1.33

10-year avg

1.49

Great Lakes Dredge & Dock Corporation (GLDD) Current Ratio vs. Peers

How is GLDD’s Current Ratio compared to its peers?

Great Lakes Dredge & Dock Corporation’s Current Ratio is greater than Bowman Consulting Group Ltd. (0.93), less than Apogee Enterprises, Inc. (1.65), less than National Presto Industries, Inc. (5.88), less than Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (1.43), greater than Sky Harbour Group Corporation (0.79), less than Willis Lease Finance Corporation (3.75), greater than Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (0.67), greater than Sun Country Airlines Holdings, Inc. (0.83), less than Serve Robotics Inc. (10.19), less than Nordic American Tankers Limited (3.00),

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