Great Lakes Receives S&P Global Ratings Upgrade to B, Outlook Stable
ByAinvest
Tuesday, Nov 25, 2025 4:16 pm ET1min read
GLDD--
SPGI--
Great Lakes Dredge & Dock Corporation's issuer credit rating has been upgraded to "B" from "B-" by S&P Global Ratings. The upgrade is due to improved revenues, earnings, and expanding margins, as well as decreasing capital expenditures that will support healthy free cash flow generation over the next couple of years. The stable outlook reflects S&P's expectation of continued revenue growth and margin expansion through 2026 and increasingly positive free cash flow.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet