Company: ACA
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001739445-25-000026
Chunk: 88

Company: Arcosa, Inc.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 7
Chunk 88
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, 2022. When compared to the prior year, selling, general, and administrative expenses were relatively unchanged for the year ended December 31, 2023, as the elimination of costs from the storage tanks business were largely offset by increased compensation-related costs.

Operating Profit (Loss)

 Year Ended December 31, Percent Change 2024202320222024 versus 20232023 versus 2022 (in millions)Construction Products$133.9 $138.6 $96.5 (3.4)%43.6 %Engineered Structures126.4 95.7 307.0 32.1 (68.8)Transportation Products30.2 45.8 11.5 (34.1)298.3 Segment Totals before Eliminations and Corporate Expenses290.5 280.1 415.0 3.7 (32.5)Corporate(92.9)(62.8)(66.0)47.9 (4.8)Consolidated Total$197.6 $217.3 $349.0 (9.1)(37.7)

2024 versus 2023

•Operating profit decreased 9.1%.

•Excluding the $21.8 million gain recognized on the sale of depleted land in the prior period, operating profit in Construction Products increased 14.6% primarily due to the accretive impact of recently acquired businesses and operating improvements in our specialty materials and trench shoring businesses.

•Operating profit in Engineered Structures increased by 32.1% primarily due to higher wind towers and utility structures volumes and the accretive impact of the acquired Ameron business.

•Excluding the $21.6 million loss on the sale of the steel components business, operating profit in Transportation Products increased 13% primarily due to higher volumes and improved margins in barge, partially offset by lower steel components volumes.

2023 versus 2022

•Operating profit decreased 37.7%, driven by the divestiture of the storage tanks business. Excluding the impact of the storage tanks divestiture on both periods, operating profit increased $92.0 million, or 77.4%.

•Operating profit in Construction Products increased primarily due to higher asset sale gains, increased pricing across the segment and the benefit recognized on a holdback obligation, partially offset by operating inefficiencies in our specialty materials business.

•Excluding the impact