Great Lakes Dredge And Dock Corporation Net Income per Employee (GLDD), current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
Great Lakes Dredge And Dock's Income per employee fell in the fourth quarter 2025 on a trailing twelve month basis to $ 67,034, but the productivity of Great Lakes Dredge And Dock's 1,096 employees remained above the company average. The Capital Goods sector has seen employees of 24 other companies achieving higher income per employee. While Great Lakes Dredge And Dock's total ranking has deteriorated compared to the previous quarter from 416 to 1308.
In a recent press release, Great Lakes Dredge and Dock Corporation (NASDAQ: GLDD) has announced their entry into a $150,000,000 5-year, senior secured second-lien credit agreement with Guggenheim Credit Funding, LLC. This agreement signifies a significant financial opportunity for the company and is expected to bolster their future business endeavors. However, it is important to take into account other factors impacting the company s performance to fully assess the implications. Factual Assessment: 1. Funding for Newbuild Payments and Working Capital: Under the terms of the Second Lien Credit Agreement, Great Lakes Dredge and Dock Corporation has initially borrowed $100,000,000, with an option to draw an additional $50,000,000 within 12 months. The funds provided will be used to repay outstanding amounts and associated fees, as well as for newbuild payments, working capital, and general corporate purposes. This injection of capital is expected to support the company s growth and operational needs in the near future.
Great Lakes Dredge and Dock Co. Nears Final Phase for MARAD Title XI Financing Application Houston, December 21, 2023 - Great Lakes Dredge and Dock Corporation (NASDAQ: GLDD), the leading provider of dredging services in the United States, is pleased to announce a significant status update on its Maritime Administration (MARAD) Title XI Financing application. The application for its offshore wind rock installation vessel, the Acadia, has been updated to the Completed category, indicating that the loan process is progressing towards the final phase. The completion of the MARAD Title XI Financing application signifies a major milestone for Great Lakes Dredge and Dock Co. as it seeks to secure funding to support the development and deployment of the Acadia. This state-of-the-art vessel, designed specifically for rock installation in offshore wind projects, will play a crucial role in the advancement of renewable energy infrastructure in the United States.
Companies with similar Income per Employee for 12 month ending Dec 31 2025, within Capital Goods Sector
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
