Company: ACA
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001739445-25-000026
Chunk: 94

Company: Arcosa, Inc.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 7
Chunk 94
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 related structures was $1,190.8 million compared to $1,367.5 million as of December 31, 2023. Approximately 64% of these unsatisfied performance obligations are expected to be delivered during 2025, approximately 13% are expected to be delivered during 2026, and the remainder are expected to be delivered through 2028. 

Transportation Products Year Ended December 31,Percent Change 2024202320222024 versus 20232023 versus 2022 ($ in millions)Revenues:Inland barges$329.8 $280.2 $189.9 17.7 %47.6 %Steel components87.8 153.3 127.4 (42.7)20.3 Total revenues417.6 433.5 317.3 (3.7)36.6 Operating costs:Cost of revenues343.3 362.3 283.0 (5.2)28.0 Selling, general, and administrative expenses22.5 25.4 22.8 (11.4)11.4 Loss on sale of businesses21.6 — — Operating profit$30.2 $45.8 $11.5 (34.1)298.3 Depreciation and amortization$12.6 $16.0 $15.8 (21.3)1.3 

2024 versus 2023

•Revenues decreased 3.7% resulting from the sale of the steel components business which was completed in August 2024. Barge revenue increased 17.7%, driven by higher deliveries. 

•Cost of revenues decreased by 5.2%, driven by lower steel components volumes due to the divestiture, partially offset by higher cost of revenues for the barge business due to higher volumes. As a percent of revenues, cost of revenues decreased to 82.2% in the current year, compared to 83.6% in the prior year. 

•Selling, general, and administrative expenses decreased 11.4%, primarily due to the divestiture of the steel components business, partially offset by higher compensation-related expenses for the barge business. 

•Operating profit decreased 34.1%, driven by the $21.6 million loss recognized on the sale of the steel components business during the current