| Schedule of Financial Information by Reportable Segment |
The tables below, which may contain slight summation differences due to rounding, reflect certain financial data for each reportable segment and have been recast as described above. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | Communications | | Clean Energy and Infrastructure | | Power Delivery | | Pipeline Infrastructure | | Other | | Eliminations | | Total Reportable Segments | 2025: | | | | | | | | | | | | | | Revenue (a) | $ | 836.9 | | | $ | 1,131.4 | | | $ | 1,045.6 | | | $ | 539.7 | | | $ | — | | | $ | (8.9) | | | $ | 3,544.7 | | | Costs of revenue, excluding depreciation and amortization | 733.3 | | | 1,002.9 | | | 919.2 | | | 462.2 | | | — | | | (8.9) | | | 3,108.7 | | Other segment items (b) | 21.0 | | | 45.2 | | | 35.1 | | | 15.4 | | | (7.2) | | | — | | | 109.5 | | | EBITDA | $ | 82.6 | | | $ | 83.3 | | | $ | 91.3 | | | $ | 62.1 | | | $ | 7.2 | | | $ | — | | | $ | 326.5 | | | | | | | | | | | | | | | | 2024: (c) | | | | | | | | | | | | | | Revenue (a) | $ | 591.1 | | | $ | 942.3 | | | $ | 868.4 | | | $ | 572.4 | | | $ | — | | | $ | (13.1) | | | $ | 2,961.1 | | | Costs of revenue, excluding depreciation and amortization | 518.6 | | | 847.4 | | | 754.1 | | | 423.4 | | | — | | | (13.1) | | | 2,530.4 | | Other segment items (b) | 19.4 | | | 47.5 | | | 34.2 | | | 13.9 | | | (2.8) | | | — | | | 112.2 | | | EBITDA | $ | 53.1 | | | $ | 47.4 | | | $ | 80.1 | | | $ | 135.1 | | | $ | 2.8 | | | $ | — | | | $ | 318.6 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, | Communications | | Clean Energy and Infrastructure | | Power Delivery | | Pipeline Infrastructure | | Other | | Eliminations | | Total Reportable Segments | 2025: | | | | | | | | | | | | | | Revenue (a) | $ | 1,517.8 | | | $ | 2,047.2 | | | $ | 1,945.3 | | | $ | 896.2 | | | $ | — | | | $ | (14.1) | | | $ | 6,392.4 | | | Costs of revenue, excluding depreciation and amortization | 1,349.3 | | | 1,810.4 | | | 1,736.6 | | | 762.5 | | | — | | | (14.0) | | | 5,644.8 | | Other segment items (b) | 39.1 | | | 96.4 | | | 66.0 | | | 27.1 | | | (15.2) | | | (0.1) | | | 213.3 | | | EBITDA | $ | 129.4 | | | $ | 140.4 | | | $ | 142.7 | | | $ | 106.6 | | | $ | 15.2 | | | $ | — | | | $ | 534.3 | | | | | | | | | | | | | | | | 2024: (c) | | | | | | | | | | | | | | Revenue (a) | $ | 1,096.7 | | | $ | 1,695.8 | | | $ | 1,666.3 | | | $ | 1,206.2 | | | $ | — | | | $ | (17.1) | | | $ | 5,647.9 | | | Costs of revenue, excluding depreciation and amortization | 977.9 | | | 1,537.3 | | | 1,463.2 | | | 941.6 | | | — | | | (17.0) | | | 4,903.0 | | Other segment items (b) | 40.0 | | | 90.7 | | | 72.5 | | | 36.8 | | | (9.8) | | | (0.1) | | | 230.1 | | | EBITDA | $ | 78.8 | | | $ | 67.8 | | | $ | 130.6 | | | $ | 227.8 | | | $ | 9.8 | | | $ | — | | | $ | 514.8 | |
(a) Total consolidated revenue equals total reportable segment revenue of $3,544.7 million and $2,961.1 million for the three months ended June 30, 2025 and 2024, respectively, and $6,392.4 million and $5,647.9 million for the six months ended June 30, 2025 and 2024, respectively, as there is no revenue recorded within Corporate results. (b) For each of the three and six months ended June 30, 2025 and 2024, other segment items for each reportable segment includes general and administrative expenses, equity in earnings or losses of unconsolidated affiliates, net, and other income or expense, net. (c) Recast to reflect first quarter of 2025 segment changes. | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | Depreciation and Amortization: | 2025 | | 2024 (a) | | 2025 | | 2024 (a) | Communications | $ | 13.4 | | | $ | 19.9 | | | $ | 29.6 | | | $ | 40.7 | | Clean Energy and Infrastructure | 26.9 | | | 31.2 | | | 54.6 | | | 63.5 | | Power Delivery | 35.0 | | | 46.5 | | | 72.1 | | | 93.3 | | Pipeline Infrastructure | 25.1 | | | 35.7 | | | 50.9 | | | 74.3 | | Other | — | | | — | | | — | | | — | | Corporate | 2.2 | | | 2.5 | | | 4.3 | | | 5.1 | | | Consolidated depreciation and amortization | $ | 102.6 | | | $ | 135.8 | | | $ | 211.5 | | | $ | 276.9 | |
(a) Recast to reflect first quarter of 2025 segment changes. | | | | | | | | | | | | | Assets: | June 30, 2025 | | December 31, 2024 (a) | Communications | $ | 1,824.7 | | | $ | 1,673.8 | | Clean Energy and Infrastructure | 2,543.7 | | | 2,706.4 | | Power Delivery | 2,566.5 | | | 2,489.9 | | Pipeline Infrastructure | 1,710.1 | | | 1,599.7 | | Other | 318.0 | | | 318.2 | | Corporate | 169.2 | | | 187.3 | | | Consolidated assets | $ | 9,132.2 | | | $ | 8,975.3 | |
(a) Recast to reflect first quarter of 2025 segment changes. | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | Capital Expenditures: | 2025 | | 2024 (a) | | 2025 | | 2024 (a) | Communications | $ | 9.1 | | | $ | 5.3 | | | $ | 16.2 | | | $ | 8.7 | | Clean Energy and Infrastructure | 11.4 | | | 7.6 | | | 19.3 | | | 12.9 | | Power Delivery | 19.7 | | | 10.3 | | | 40.9 | | | 18.1 | | Pipeline Infrastructure | 21.6 | | | 7.3 | | | 31.6 | | | 14.4 | | Other | — | | | — | | | — | | | — | | Corporate | 2.0 | | | 1.0 | | | 3.1 | | | 2.8 | | | Consolidated capital expenditures | $ | 63.8 | | | $ | 31.5 | | | $ | 111.1 | | | $ | 56.9 | |
(a) Recast to reflect first quarter of 2025 segment changes.
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