Company Great Lakes Dredge & Dock Corporation

Equities

GLDD

US3906071093

Construction & Engineering

Market Closed - Nasdaq 04:00:00 2024-04-19 pm EDT 5-day change 1st Jan Change
7.45 USD +0.95% Intraday chart for Great Lakes Dredge & Dock Corporation -6.29% -2.99%

Business Summary

Great Lakes Dredge & Dock Corporation is a provider of dredging services. The Company is also engaged in developing offshore wind energy. The Company operates three types of dredging equipment: hopper dredges, hydraulic dredges, and mechanical dredges. Its dredging generally involves the enhancement or preservation of the navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand, or rock. Domestically, its work generally is performed in coastal waterways and deep-water ports. Its United States dredging market consists of four primary types of work: capital, coastal protection, maintenance and rivers and lakes. The Company's capital dredging consists primarily of port expansion projects. The Company's domestic dredging fleet is positioned on the East and Gulf Coasts, with a smaller number of vessels positioned on the West Coast, and with many of the rivers and lakes dredges on inland rivers and lakes.

Number of employees: 367

Sales per Business

USD in Million2022Weight2023Weight Delta
Coastal Protection
33.5 %
193 29.7 % 196 33.5 % +1.96%
Maintenance
32.0 %
98 15.1 % 188 32.0 % +91.26%
Capital - United States
31.8 %
342 52.8 % 187 31.8 % -45.48%
Rivers and Lakes
2.8 %
16 2.4 % 16 2.8 % +5.09%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
649 100.0 % 187 100.0 % -71.21%

Managers

Managers TitleAgeSince
Chief Executive Officer 67 16-12-26
Director of Finance/CFO 52 21-09-30
Compliance Officer 64 20-11-30
Investor Relations Contact - 19-08-31
Comptroller/Controller/Auditor 42 23-08-14
Corporate Officer/Principal 53 93-12-31
Corporate Officer/Principal - 20-12-31
Corporate Officer/Principal 67 82-12-31
Corporate Officer/Principal 62 82-12-31
Corporate Officer/Principal 62 83-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 65 18-05-01
Director/Board Member 70 18-05-01
Chairman 71 17-01-25
Director/Board Member 75 16-12-31
Director/Board Member 48 16-12-26
Chief Executive Officer 67 16-12-26
Director/Board Member 66 21-07-28

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 66,736,078 65,000,074 ( 97.40 %) 0 97.40 %

Shareholders

NameEquities%Valuation
BlackRock Advisors LLC
10.59 %
7,053,317 10.59 % 62 M $
AllianceBernstein LP
6.910 %
4,603,700 6.910 % 40 M $
Dimensional Fund Advisors LP
6.539 %
4,356,468 6.539 % 38 M $
Jennison Associates LLC
6.453 %
4,299,418 6.453 % 38 M $
Harvey Partners LLC
5.132 %
3,419,000 5.132 % 30 M $
Vanguard Fiduciary Trust Co.
5.051 %
3,364,913 5.051 % 29 M $
William Blair Investment Management LLC
3.672 %
2,446,572 3.672 % 21 M $
TCW Asset Management Co. LLC
2.939 %
1,957,938 2.939 % 17 M $
1,524,360 2.288 % 13 M $
Geode Capital Management LLC
2.170 %
1,445,713 2.170 % 13 M $

Company contact information

Great Lakes Dredge & Dock Corp.

9811 Katy Freeway Suite 1200

77024, Houston

+346 359 1010

http://www.gldd.com
address Great Lakes Dredge & Dock Corporation(GLDD)
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