Great Lakes Dredge & Dock Corporation Long-Term Debt 2011-2025 | GLDD

Long-term debt is a financial obligation of a company or an individual with a repayment period exceeding one year from the date it arises. In accounting, such obligations are recorded under the "long-term liabilities" section.

Main characteristics:

Term exceeds 12 months
Can take the form of bonds, bank loans, credit lines, leasing, or loans from affiliated parties
Repaid through regular payments (interest and/or principal) over several years

Why long-term debt is needed:

Investment in development
Allows financing of large projects — new factories, production lines, innovative developments — without diverting working capital.
Smoothing of cash flows
A long-term payment schedule facilitates budget planning and reduces short-term financial risks.
Optimization of capital structure
A combination of equity and borrowed capital can reduce the average cost of business financing.

A high level of long-term debt may indicate that a company heavily relies on borrowed funds. This increases risks, especially in conditions of rising interest rates or declining profits. However, a moderate level of debt can signal a sound growth strategy — for example, the company takes a loan to expand its business.

If a company uses borrowed funds effectively (e.g., invests in profitable projects), this can lead to profit growth and, consequently, an increase in stock value. An investor evaluates whether the investments made using debt are paying off.

It is important to monitor whether the company can regularly pay interest and repay the principal. Payment difficulties can lead to reduced dividends, a drop in stock value, and even bankruptcy.

Examples of long-term debt:

Mortgage loans for property purchases
Corporate bonds issued by a company to raise capital
Project financing — long-term loans for building or expanding production facilities
Leasing obligations for equipment or transport

Annual Long-Term Debt Great Lakes Dredge & Dock Corporation

2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
412 M	322 M	321 M	324 M	323 M	322 M	428 M	390 M	349 M	324 M	285 M	250 M	252 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
428 M	250 M	331 M

Quarterly Long-Term Debt Great Lakes Dredge & Dock Corporation

2025-Q3	2025-Q2	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
415 M	420 M	414 M	448 M	413 M	411 M	382 M	412 M	322 M	322 M	322 M	322 M	321 M	-	321 M	321 M	321 M	321 M	324 M	324 M	324 M	324 M	324 M	323 M	323 M	323 M	323 M	322 M	322 M	322 M	322 M	333 M	333 M	333 M	333 M	286 M	-	-	-	346 M	-	-	-	324 M	-	-	-	285 M	-	-	-	250 M	-	-	-	253 M	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
448 M	250 M	337 M

Long-Term Debt of other stocks in the Engineering construction industry

Issuer	Long-Term Debt	Price	% 24h	Market Cap	Country
Ameresco AMRC	1.48 B	$ 30.6	1.78 %	$ 1.6 B	USA
Atlas Technical Consultants ATCX	511 M	-	0.66 %	$ 487 M	USA
Concrete Pumping Holdings BBCP	373 M	$ 7.04	0.72 %	$ 377 M	USA
ПАОДжиТиЭл GTLC	16.4 M	-	-	-	Russia
TopBuild Corp. BLD	1.33 B	$ 438.24	0.69 %	$ 13.4 B	USA
AECOM ACM	2.45 B	$ 99.17	0.36 %	$ 13.4 B	USA
Aegion Corporation AEGN	194 M	-	-	$ 922 M	USA
DIRTT Environmental Solutions Ltd. DRTT	22 M	-	-0.36 %	$ 28.9 M	Canada
EMCOR Group EME	3.85 M	$ 626.15	0.4 %	$ 29.2 B	USA
ENGlobal Corporation ENG	1.04 M	-	-15.62 %	$ 5.57 M	USA
IES Holdings IESC	81.6 M	$ 455.02	-1.12 %	$ 9.06 B	USA
Comfort Systems USA FIX	62.3 M	$ 973.26	1.28 %	$ 34.7 B	USA
Fluor Corporation FLR	1.1 B	$ 44.08	1.08 %	$ 7.58 B	USA
Dycom Industries DY	933 M	$ 349.84	1.33 %	$ 10.2 B	USA
Granite Construction Incorporated GVA	287 M	$ 115.5	0.44 %	$ 5.14 B	USA
APi Group Corporation APG	2.75 B	$ 39.59	-0.18 %	$ 10.6 B	USA
Hill International HIL	55.1 M	-	-	$ 191 M	USA
Johnson Controls International plc JCI	9.2 B	$ 115.57	0.71 %	$ 75.3 B	Schweiz
Argan AGX	2.59 M	$ 322.5	0.82 %	$ 4.31 B	USA
MYR Group MYRG	70 M	$ 221.32	1.34 %	$ 3.64 B	USA
NV5 Global NVEE	254 M	-	-	$ 1.39 B	USA
RCM Technologies RCMT	1.11 M	$ 20.76	-0.67 %	$ 161 M	USA
Orion Group Holdings ORN	23.7 M	$ 10.84	-0.05 %	$ 351 M	USA
Infrastructure and Energy Alternatives IEA	291 M	-	-	$ 667 M	USA
Jacobs Engineering Group J	2.24 B	$ 136.52	0.6 %	$ 16.6 B	USA
KBR KBR	2.53 B	$ 43.82	1.14 %	$ 5.87 B	USA
Stantec STN	634 M	$ 94.37	0.8 %	$ 7.32 B	Canada
Limbach Holdings LMB	19.6 M	$ 80.27	5.69 %	$ 865 M	USA
Primoris Services Corporation PRIM	661 M	$ 128.09	1.48 %	$ 6.75 B	USA
Tutor Perini Corporation TPC	510 M	$ 68.0	1.0 %	$ 3.56 B	USA
Quanta Services PWR	4.1 B	$ 438.83	0.17 %	$ 64.5 B	USA
MasTec MTZ	2.04 B	$ 220.94	-0.07 %	$ 17.2 B	USA
Tetra Tech TTEK	763 M	$ 34.61	0.14 %	$ 9.07 B	USA
Construction Partners ROAD	487 M	$ 110.97	0.81 %	$ 5.76 B	USA
Sterling Construction Company STRL	290 M	$ 325.37	3.24 %	$ 10 B	USA
Willdan Group WLDN	79.4 M	$ 104.81	1.25 %	$ 1.47 B	USA