Concrete Pumping Holdings, Inc. operates across both the United States and the United Kingdom, specializing in concrete pumping and comprehensive waste management ...
Concrete Pumping Holdings, Inc. (BBCP) is a prominent player in the construction industry, specializing in concrete pumping and waste management. Founded in 1983 and headquartered in Thornton, Colorado, the company operates across the United States and the United Kingdom, providing essential services to general contractors and concrete finishing companies. Its fleet, as of October 31, 2021, includes approximately 820 boom pumps, 70 placing booms, 20 telebelts, 250 stationary pumps, and 90 waste management trucks. The company generates revenue through concrete pumping services, equipment rental, and waste management solutions. Financially, BBCP has a market cap of about $491 million and an enterprise value of $895 million, with a gross profit margin of 38.3% and an EBITDA margin of 24.5%. The company faces a high debt-to-equity ratio of 1.54 but maintains a current ratio of 1.73. Key personnel include CEO Bruce F. Young, who has been with the company since 1985. BBCP aims to expand its footprint and maintain its leading position in the concrete pumping industry, focusing on operational efficiency and strategic acquisitions. Its long-term strategy includes enhancing shareholder value through consistent performance and capital allocation.