Great Lakes Dredge & Dock

OverviewSuggest Edit

Great Lakes Dredge & Dock is a provider of dredging services. The Company operates in two segments: Dredging Operations, which involves enhancement or preservation of navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand or rock; and Environmental & Remediation Operations, which provides construction services on soil, water and sediment for clients in both the public and private sectors.

TypePublic
Founded1890
HQOak Brook, US
Websitegldd.com
Employee Ratings3

Latest Updates

Employees (est.) (Jan 2018)416
Job Openings21
Revenue (FY, 2016)$767.6 M(-4%)
Share Price (Jun 2019)$10.8

Key People/Management at Great Lakes Dredge & Dock

Lasse Petterson

Lasse Petterson

Chief Executive Officer and Director
Mark Marinko

Mark Marinko

Senior Vice President and Chief Financial Officer
David E. Simonelli

David E. Simonelli

President of Dredging
Christopher P. Shea

Christopher P. Shea

President of Great Lakes Environmental & Infrastructure Solutions
Kathleen MacKie Lavoy

Kathleen MacKie Lavoy

Senior Vice President, Chief Legal Officer and Corporate Secretary
Kyle D. Johnson

Kyle D. Johnson

Executive Vice President and Chief Operating Officer
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Great Lakes Dredge & Dock Office Locations

Great Lakes Dredge & Dock has offices in Oak Brook, Houston, Perth, and in 1 other location
Oak Brook, US (HQ)
2122 York Rd
Houston, US
2605 W Lake Houston Pkwy, Kingwood
Perth, AU
3 459 Hay St
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Great Lakes Dredge & Dock Financials and Metrics

Great Lakes Dredge & Dock Revenue

Great Lakes Dredge & Dock's revenue was reported to be $767.59 m in FY, 2016
USD

Net income (FY, 2018)

(6.3m)

Market capitalization (10-Jun-2019)

685.0m

Closing stock price (10-Jun-2019)

10.8

Cash (31-Dec-2018)

34.5m

EV

972.5m
Great Lakes Dredge & Dock's current market capitalization is $685 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

731.4m806.8m767.6m

Revenue growth, %

10%

Cost of goods sold

631.1m714.3m761.0m681.2m652.6m509.3m

Gross profit

100.3m92.5m86.4m
Quarterly
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

75.3m42.4m14.2m11.2m15.9m34.5m

Accounts Receivable

96.5m11.3m

Inventories

32.5m34.7m36.0m37.1m34.6m28.1m

Current Assets

361.1m342.2m329.7m307.2m262.2m206.7m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

41.3m58.7m38.1m21.1m30.6m14.7m9.4m15.9m21.2m13.6m6.9m12.6m10.5m12.7m13.5m23.1m

Accounts Receivable

143.4m65.5m74.9m98.1m75.3m106.6m

Inventories

32.3m34.7m33.6m33.2m32.9m34.2m37.3m35.0m35.1m35.7m38.3m35.8m35.5m33.1m32.3m32.0m

Current Assets

357.7m324.2m294.7m296.5m320.5m339.8m334.2m298.5m318.3m319.3m292.1m255.4m256.0m239.3m224.1m217.4m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(35.0m)10.3m(6.2m)(8.2m)(31.3m)(6.3m)

Depreciation and Amortization

46.6m50.1m64.6m63.0m60.5m50.4m

Inventories

(5.1m)120.0k(6.6m)(6.2m)(2.2m)(921.0k)

Accounts Payable

22.6m(14.1m)306.0k(17.8m)(9.6m)(1.5m)
USDY, 2018

EV/CFO

6.7 x
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Great Lakes Dredge & Dock Online and Social Media Presence

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Great Lakes Dredge & Dock Blogs

GLDD Work on Port Tampa Bay helps a ‘hidden gem’ island for bird researchers

BOBBY-LEWIS-ON-THE-ROAD Tampa Bay has a ‘hidden gem’ island for bird researchers Lorraine Margeson is one of the few people allowed to observe birds in Tampa’s […] The post GLDD Work on Port Tampa Bay helps a ‘hidden gem’ island for bird researchers appeared first on Great Lakes Dredge & Dock.

GLDD Announces Dredging Awards Totaling $91 million.

Posted on Globe Newswire OAK BROOK, Ill., June 24, 2019 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Great Lakes”) (NASDAQ:GLDD), the largest provider of […] The post GLDD Announces Dredging Awards Totaling $91 million. appeared first on Great Lakes Dredge & Dock.

Texas General Land Office Commissioner George P. Bush Visits Great Lakes Headquarters – Oak Brook, IL

Texas General Land Office Commissioner George P. Bush Visits Great Lakes Headquarters – Oak Brook, IL   This week, Great Lakes was honored to have […] The post Texas General Land Office Commissioner George P. Bush Visits Great Lakes Headquarters – Oak Brook, IL appeared first on Great Lakes Dredge &…

GLDD Emergency Response Efforts: Missouri River Levee Breach

The post GLDD Emergency Response Efforts: Missouri River Levee Breach appeared first on Great Lakes Dredge & Dock.

GLDD President Dave Simonelli Delivers Keynote Address at the WEDA Annual Meeting

GLDD President Dave Simonelli Delivers Keynote Address at the WEDA Annual Meeting Posted June 10, 2019 DredgeWire exclusive Chicago Illinois, June 5, 2019 – GLDD Dredging […] The post GLDD President Dave Simonelli Delivers Keynote Address at the WEDA Annual Meeting appeared first on Great Lakes Dred…

Port of Corpus Christi Commences Dredging and Historic Expansion of Ship Channel

Port of Corpus Christi Commences Dredging and Historic Expansion of Ship Channel On Wednesday, May 29, 2019, the Port of Corpus Christi celebrated the commencement […] The post Port of Corpus Christi Commences Dredging and Historic Expansion of Ship Channel appeared first on Great Lakes Dredge &…
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Great Lakes Dredge & Dock Frequently Asked Questions

  • When was Great Lakes Dredge & Dock founded?

    Great Lakes Dredge & Dock was founded in 1890.

  • Who are Great Lakes Dredge & Dock key executives?

    Great Lakes Dredge & Dock's key executives are Lasse Petterson, Mark Marinko and David E. Simonelli.

  • How many employees does Great Lakes Dredge & Dock have?

    Great Lakes Dredge & Dock has 416 employees.

  • Who are Great Lakes Dredge & Dock competitors?

    Competitors of Great Lakes Dredge & Dock include Dogan Sirketler Grubu, Penns Woods Bancorp and Tata.

  • Where is Great Lakes Dredge & Dock headquarters?

    Great Lakes Dredge & Dock headquarters is located at 2122 York Rd, Oak Brook.

  • Where are Great Lakes Dredge & Dock offices?

    Great Lakes Dredge & Dock has offices in Oak Brook, Houston, Perth, and in 1 other location.

  • How many offices does Great Lakes Dredge & Dock have?

    Great Lakes Dredge & Dock has 5 offices.