- Texas Materials Group TexasBit
- 2026
- 157
- 20
- 12.74%
- $89,777,118
- 7.78%
- 17.24%
- 8.08%
- $849,387,253

Recent awards totaling over **$96M** in remaining backlog, including multiple **$8.7M** HMAC and recycling projects bid in June 2026, will drive steady mobilization and cash inflows through year-end. Long contract durations averaging 120 months support predictable progress billing but require tight working capital management for startup costs. Success rate of 13.4% in 2026 indicates limited new awards to offset burn.
Medium-term Outlook (6-12 months)
Backlog execution will continue at a measured pace given extended timelines, with 2025's **$238M** in low bids providing residual support into early 2027. However, the sharp drop in win rate from 29.8% (2024) to 13.4% (2026) signals reduced replenishment velocity and potential revenue compression. Cash flow remains stable but increasingly dependent on existing contracts.
Key Risk Period
The 9-15 month horizon represents the primary risk window as near-term projects mature and the declining bid success rate limits backlog replacement. Extended durations on recent awards delay full recognition, amplifying exposure if new wins do not recover to historical levels above 20%.
Recommendations
Prioritize selective bidding on shorter-duration work to accelerate cash conversion and rebuild pipeline velocity. Implement targeted cost controls on current **$96M** backlog to preserve margins amid lower win rates. Monitor monthly burn rates closely to trigger contingency bidding by Q1 2027.
- Liberty US 90 0028-04-084
- TXDOT
- 7/2/26
- Bexar US 87 0143-01-068
- TXDOT
- 7/1/26
- FY 2026 HMAC Overlay Program
- Travis County
- 6/22/26
- FY 2026 Roadway Recycling
- Travis County
- 6/22/26
- Jefferson SS 380 0065-08-173
- TXDOT
- 6/3/26
- 26IFB42 OConnor Dr Milling Overlay
- Williamson County
- 5/12/26
- Asphalt Roadway Rehabilitation Fuqua Street Furman Road Fellows Road
- Harris County
- 5/11/26
- Nacogdoches US 59 0176-01-116
- TXDOT
- 5/7/26
- Kendall SH 29 0151-02-026
- TXDOT
- 5/6/26
- Hardin SH 326 0601-01-067
- TXDOT
- 5/6/26
- Orange FM 105 0883-02-095
- TXDOT
- 5/6/26
- Asphalt Roadway Rehabilitation Campbell Road
- Harris County Precinct 3
- 4/27/26
- 2026 Street Maintenance
- Windcrest
- 4/16/26
- Boerne 2026 Street Rehabilitation
- Boerne
- 3/31/26
- Shelby County 2023 2024 Cdbg Roadway Improvements
- Shelby County
- 2/24/26
- Wcmud No 40 Cameron Prairie Fm 362 Road Improvements
- Waller County M U D
- 2/18/26
- Hardin ALMA DR 0920-03-080
- TXDOT
- 2/4/26
- Burnet US 59 0176-04-088
- TXDOT
- 2/4/26
- Palo Pinto US 281 0250-02-051
- TXDOT
- 2/4/26
- Harris SH 225 0502-01-239
- TXDOT
- 1/6/26
- Little River Academy S King S Trail Street Improvements
- KPA Engineers
- $172,572
- 7/14/26
- 202654 D B Wood Road Phase IIA Oak Ridge Road Williams Drive
- Georgetown
- $6,928,167
- 7/8/26
- Dallas SH 289 0091-06-061
- TXDOT
- $6,557,916
- 7/2/26
- Liberty FM 1413 1421-01-027
- TXDOT
- $5,663,446
- 7/2/26
- Limestone PR 28A 0625-01-001
- TXDOT
- $1,878,858
- 7/2/26
- Chambers IH 10 0508-02-140
- TXDOT
- $3,405,302
- 7/2/26
- Bastrop SH 71 0265-03-054
- TXDOT
- $1,265,101
- 7/2/26
- Liberty US 90 0028-04-084
- TXDOT
- $1,939,953
- 7/2/26
- Johnson SH 171 0019-01-153
- TXDOT
- $2,032,482
- 7/2/26
- Collin FM 1461 1392-03-017
- TXDOT
- $5,656,573
- 7/1/26
- Tarrant BU 287P 0013-10-098
- TXDOT
- $9,657,481
- 7/1/26
- Hardin FM 943 1194-02-020
- TXDOT
- $7,235,078
- 7/1/26
- Jefferson FM 364 0786-01-095
- TXDOT
- $7,456,710
- 7/1/26
- Brazos FM 974 0540-03-039
- TXDOT
- $5,400,124
- 7/1/26
- Williamson IH 35 0015-09-208
- TXDOT
- $3,869,100
- 7/1/26
- Goliad US 59 0088-02-063
- TXDOT
- $2,719,166
- 7/1/26
- Bexar US 87 0143-01-068
- TXDOT
- $2,314,231
- 7/1/26
- Ccia Taxiway Echo Rehabilitation Pn
- Corpus Christi
- $1,683,495
- 6/24/26
- FY 2026 Roadway Recycling
- Travis County
- $8,754,187
- 6/22/26
- FY 2026 HMAC Overlay Program
- Travis County
- $8,754,187
- 6/22/26
- Katy Fy 2026 East 4th Street Airline Drive Asphalt Overlay
- Katy
- $763,193
- 6/19/26
- Bethany Dr Asphalt Overlay
- Allen
- $2,264,747
- 6/18/26
- Hillcrest Paving Improvements
- Mansfield
- $1,472,514
- 6/18/26
- Hartrick Bluff Reconstruction From FM 93 Waters Dairy Rd FM 93 IMP Traffic Signalization
- Temple
- $9,999,799
- 6/16/26
- Old Howard Road Wendland Road Northlink Drive
- Temple City
- $20,377,175
- 6/9/26
- IFB 2026 B13 Fairview Road Hot Mix Overlay
- San Marcos - TX
- $135,800
- 6/8/26
- ITB Asphalt Mill Overlay Maintenance Related Items
- Harris County Precinct 3
- $5,337,153
- 6/8/26
- IFB 2026 B12 Creeks Landing Hot Mix Overlay
- San Marcos - TX
- $199,155
- 6/8/26
- IFB 2026 B11 Jacobs Well Road Remove Replace Hot Mix
- San Marcos - TX
- $383,045
- 6/8/26
- IFB 2026 B10 Shadow Creek Black Forest Road Remove Replace Hot Mix
- San Marcos - TX
- $131,750
- 6/8/26
- IFB 2026 B09 Shadow Creek Brandons Way Remove Replace Hot Mix
- San Marcos - TX
- $187,096
- 6/8/26
- IFB 2026 B08 Sunfield Campo Del Sol Parkway Remove Replace Hot Mix
- San Marcos - TX
- $290,246
- 6/8/26
- Street Improvements Txcdbg
- Wells
- $527,915
- 6/3/26
- Tarrant SS 341 1068-03-025
- TXDOT
- $1,723,695
- 6/3/26
- Parker FM 1884 1601-02-036
- TXDOT
- $8,096,056
- 6/3/26
- Jefferson SS 380 0065-08-173
- TXDOT
- $4,771,696
- 6/3/26
- Williamson SH 29 0337-01-053
- TXDOT
- $8,501,703
- 6/3/26
- Fort Bend FM 1640 1683-01-040
- TXDOT
- $3,620,628
- 6/3/26
- Parker FM 920 1179-02-041
- TXDOT
- $9,977,577
- 6/2/26
- Dallas SL 12 0581-02-162
- TXDOT
- $20,590,186
- 6/2/26
- Ellis US 67 0261-01-053
- TXDOT
- $5,629,459
- 6/2/26
- Smith US 69 0190-05-078
- TXDOT
- $2,421,064
- 6/2/26
- Johnson SH 174 0019-01-146
- TXDOT
- $21,835,404
- 6/2/26
- Harris BU 290L 0050-12-002
- TXDOT
- $827,247
- 6/2/26
- Lampasas US 183 0274-02-032
- TXDOT
- $5,265,484
- 6/2/26
- Guadalupe FM 466 0216-03-034
- TXDOT
- $3,362,927
- 6/2/26
- IFB 26 0512 Market Street Reconstruction
- Baytown
- $25,968,316
- 5/29/26
- Waco Regional Airport Runway 1 19 Rehabilitation
- Waco
- $4,723,223
- 5/28/26
- Hastings Phase II Roadways Drainage Improvements GLO Contract No.20-065-118-C388
- Brazoria County
- $3,311,435
- 5/26/26
- Castle Hills Fy 2026 Mill Overlay West Ave Repair
- Castle Hills
- $476,177
- 5/20/26
- Rfb 26 002 Toledo Bend Joint Operations Asphalt Road Improvements
- Toledo Bend Project Joint Operations
- $696,626
- 5/19/26
- 2026 Street Rehabilitation
- Bridge City
- $1,464,000
- 5/13/26
- 26IFB42 OConnor Dr Milling Overlay
- Williamson County
- $1,073,735
- 5/12/26
- Asphalt Roadway Rehabilitation Fuqua Street Furman Road Fellows Road
- Harris County
- $4,717,772
- 5/11/26
- Walker SH 75 0110-01-052
- TXDOT
- $3,481,775
- 5/7/26
- Harris SL 8 3256-02-121
- TXDOT
- $2,276,558
- 5/7/26
- Nacogdoches US 59 0176-01-116
- TXDOT
- $5,689,158
- 5/7/26
- Nacogdoches US 259 0138-06-049
- TXDOT
- $3,012,914
- 5/7/26
- Bexar SS 536 0073-02-092
- TXDOT
- $1,383,694
- 5/7/26
- IH 35 0018-01-102
- TXDOT
- $25,131,232
- 5/7/26
- Orange FM 105 0883-02-095
- TXDOT
- $220,722
- 5/6/26
- Austin FM 1456 1410-01-026
- TXDOT
- $3,126,637
- 5/6/26
- Bastrop FM 969 1186-02-028
- TXDOT
- $3,293,757
- 5/6/26
- Kendall SH 29 0151-02-026
- TXDOT
- $10,910,071
- 5/6/26
- Johnson FM 157 0747-05-042
- TXDOT
- $20,392,886
- 5/6/26
- Hardin SH 326 0601-01-067
- TXDOT
- $1,527,726
- 5/6/26
- Chambers SH 146 0389-02-059
- TXDOT
- $4,430,313
- 5/6/26
- Mclennan US 77 0209-01-076
- TXDOT
- $6,777,497
- 5/6/26
- Montgomery SL 494 0177-14-038
- TXDOT
- $5,837,448
- 5/6/26
- Bexar VARIOUS 0915-00-313
- TXDOT
- $4,498,593
- 5/6/26
- Solar Roads Reconstruction Package II
- Brazoria County
- $731,680
- 5/5/26
- Solar Roads Reconstruction Package I
- Brazoria County
- $4,183,209
- 5/5/26
- Hot Mix Asphalt Concrete Overlay Precinct 1
- Grayson County
- $494,786
- 4/29/26
- Asphalt Roadway Rehabilitation Campbell Road
- Harris County Precinct 3
- $2,551,339
- 4/27/26
- 2026 Street Maintenance
- Windcrest
- $1,153,704
- 4/16/26
- Bluebonnet Parkway Improvements Phase 1
- McGregor
- $1,233,833
- 4/14/26
- Tda Txcdbg Street Improvements
- Leon County
- $591,337
- 4/9/26
- Rockwall FM 548 1016-04-021
- TXDOT
- $4,080,971
- 4/8/26
- Callahan US 175 0197-02-138
- TXDOT
- $4,214,085
- 4/8/26
- Tarrant SH 10 0094-02-147
- TXDOT
- $8,041,491
- 4/8/26
- Waller FM 1887 1745-01-020
- TXDOT
- $1,475,385
- 4/8/26
- Washington US 290 0114-10-108
- TXDOT
- $6,985,960
- 4/8/26
- El Paso RM 12 0683-05-017
- TXDOT
- $11,881,404
- 4/8/26
- Tarrant FM 1187 1330-02-052
- TXDOT
- $5,837,015
- 4/7/26
- Williamson FM 619 0986-03-015
- TXDOT
- $2,033,297
- 4/7/26
- Harris FM 2100 1062-04-063
- TXDOT
- $1,824,787
- 4/7/26
- Williamson SH 29 0337-02-054
- TXDOT
- $2,689,489
- 4/7/26
- Bexar SL 368 0016-08-049
- TXDOT
- $4,889,950
- 4/7/26
- CR 407 Paving
- Burnet County
- $283,462
- 4/7/26
- Flood Drainage Improvements Glo Drrp Program
- Newton
- $632,762
- 4/7/26
- 2026 Bee Creek Road Improvements
- Lakeway
- $440,201
- 4/1/26
- Boerne 2026 Street Rehabilitation
- Boerne
- $159,157
- 3/31/26
- 2023 2024 CDBG San Gabriel Street Improvements
- Hearne
- $655,260
- 3/26/26
- Asphalt Rehabilitation Package 8 1704I
- League City
- $2,179,296
- 3/24/26
- Package 8 Asphalt Rehabilitation
- League City
- $2,179,296
- 3/24/26
- 2026 China Grove Street Maintenance
- China Grove
- $403,482
- 3/24/26
- Reconstruction Penick Road
- Waller County
- $11,486,866
- 3/19/26
- 2026 Major Road Resurfacing
- Cedar Park
- $1,762,516
- 3/12/26
- 2026 Neighborhood Road Resurfacing
- Cedar Park
- $3,388,748
- 3/12/26
- 2026 Street Maintenance Program
- Alamo Heights
- $633,071
- 3/11/26
- Bcmud No 48a Fm 1462 Turn Lanes
- Brazoria County Municipal Utility District
- $1,061,609
- 3/10/26
- The Flats At Rileys Pointe Public Improvements Offsite Waterline Reserves At Park Place Public Impr
- Hays County
- $913,292
- 3/5/26
- Dallas SH 78 0009-02-076
- TXDOT
- $1,195,484
- 3/5/26
- Hays FM 110 3545-02-013
- TXDOT
- $2,082,765
- 3/5/26
- Jefferson FM 365 0932-02-059
- TXDOT
- $1,317,467
- 3/5/26
- Bexar SH 211 3544-04-011
- TXDOT
- $2,535,514
- 3/5/26
- Galveston FM 517 0978-02-084
- TXDOT
- $3,980,761
- 3/4/26
- Hays FM 2001 1776-02-021
- TXDOT
- $2,316,971
- 3/4/26
- Hays FM 2790 2883-01-004
- TXDOT
- $13,360,411
- 3/4/26
- Bosque FM 219 0724-02-024
- TXDOT
- $15,106,911
- 3/4/26
- Comal US 281 0253-03-078
- TXDOT
- $5,825,980
- 3/4/26
- Duval SH 44 0237-05-047
- TXDOT
- $23,806,134
- 3/4/26
- Live Oak US 59 0542-06-053
- TXDOT
- $6,074,611
- 3/4/26
- Medina SH 173 0421-02-034
- TXDOT
- $1,658,279
- 3/4/26
- 2025 Annual Street Maintenance
- Town of Cross Roads
- $1,188,036
- 3/3/26
- Leander Roadway Rehabilitation Fiscal Year 2026
- Leander
- $1,474,574
- 2/27/26
- Street Preservation Thin Overlay Mix
- Waco
- $913,292
- 2/26/26
- Shelby County 2023 2024 Cdbg Roadway Improvements
- Shelby County
- $296,810
- 2/24/26
- 2026 17 Road Paving Services
- Polk County
- $796,257
- 2/19/26
- Wcmud No 40 Cameron Prairie Fm 362 Road Improvements
- Waller County M U D
- $611,930
- 2/18/26
- Woodtrace Blvd Construction
- Montgomery County
- $8,094,970
- 2/11/26
- Palo Pinto SH 16 0902-39-048
- TXDOT
- $373,520
- 2/5/26
- Ellis US 77 0048-03-099
- TXDOT
- $5,881,236
- 2/5/26
- Harris FM 865 0976-01-047
- TXDOT
- $4,348,845
- 2/5/26
- Williamson FM 3405 1755-03-010
- TXDOT
- $2,967,185
- 2/5/26
- Austin FM 1093 0446-06-018
- TXDOT
- $6,507,892
- 2/5/26
- Liberty SH 105 0338-12-011
- TXDOT
- $2,983,814
- 2/5/26
- Colorado US 90 0026-06-033
- TXDOT
- $6,641,386
- 2/5/26
- Freestone US 84 0057-05-033
- TXDOT
- $1,842,051
- 2/5/26
- Guadalupe SH 123 0366-02-096
- TXDOT
- $4,575,195
- 2/5/26
- Ellis SS 394 2921-01-010
- TXDOT
- $22,915,255
- 2/4/26
- Palo Pinto US 281 0250-02-051
- TXDOT
- $2,945,708
- 2/4/26
- Van Zandt IH 20 0495-03-068
- TXDOT
- $7,561,702
- 2/4/26
- Burnet US 59 0176-04-088
- TXDOT
- $8,993,703
- 2/4/26
- Travis SL 275 0015-11-075
- TXDOT
- $2,853,776
- 2/4/26
- Burnet SH 29 0150-05-051
- TXDOT
- $3,146,609
- 2/4/26
- Hardin ALMA DR 0920-03-080
- TXDOT
- $190,948
- 2/4/26
- Waller FM 529 3047-02-012
- TXDOT
- $3,912,977
- 2/4/26
- Bexar IH 35 0017-09-106
- TXDOT
- $15,980,511
- 2/4/26
- Asphalt Roadway Reconstruction Runneburg Estates Harris County Precinct 3 CDBG
- Harris County Precinct 3
- $992,366
- 2/2/26
- Daisetta Pine Road Rehab
- Daisetta
- $589,192
- 1/29/26
- 2026 017 Coit Road Asphalt Reconstruction
- Celina
- $2,430,419
- 1/22/26
- Hempstead 2nd Street Rehab
- Hempstead
- $276,381
- 1/20/26
- 2026 Annual Resurfacing
- Dallas
- $91,756,055
- 1/16/26
- Denton FM 428 0817-01-035
- TXDOT
- $2,486,177
- 1/7/26
- Anderson FM 3309 0890-05-009
- TXDOT
- $2,325,257
- 1/7/26
- Harris IH 610 0271-16-169
- TXDOT
- $3,441,028
- 1/7/26
- Liberty US 59 0177-03-109
- TXDOT
- $1,203,608
- 1/7/26
- Church Street Rehabilitation
- Troy
- $206,777
- 1/6/26
- Parker FM 3325 3516-01-020
- TXDOT
- $7,446,927
- 1/6/26
- Smith FM 756 0492-04-047
- TXDOT
- $4,534,719
- 1/6/26
- Wood SH 37 0190-03-089
- TXDOT
- $4,498,997
- 1/6/26
- Austin US 59 0542-01-100
- TXDOT
- $16,699,465
- 1/6/26
- Harris SH 225 0502-01-239
- TXDOT
- $22,200,381
- 1/6/26
- Fayette US 77 0211-06-068
- TXDOT
- $5,081,903
- 1/6/26
- Brazoria SH 35 0178-02-090
- TXDOT
- $9,159,788
- 1/6/26
- Brown US 67 0054-06-114
- TXDOT
- $2,526,672
- 1/6/26
- Montgomery FM 1097 1259-02-022
- TXDOT
- $6,912,395
- 1/6/26
- Liberty US 90 0028-04-084
- TXDOT
- $1,939,953
- 08/31/26
- 62
- 0%
- -
- $1,939,953
- Bexar US 87 0143-01-068
- TXDOT
- $2,314,231
- 08/30/26
- 97
- 0%
- -
- $2,314,231
- FY 2026 Roadway Recycling
- Travis County
- $8,754,187
- 08/21/26
- 120
- 0%
- -
- $8,754,187
- FY 2026 HMAC Overlay Program
- Travis County
- $8,754,187
- 08/21/26
- 120
- 0%
- -
- $8,754,187
- Jefferson SS 380 0065-08-173
- TXDOT
- $4,771,696
- 08/02/26
- 138
- 0%
- -
- $4,771,696
- Montgomery FM 1097 1259-02-022
- Williamson County
- $1,073,735
- 07/11/26
- 120
- 3.3%
- $268,434
- $1,037,944
- Montgomery FM 1097 1259-02-022
- Harris County
- $4,717,772
- 07/10/26
- 120
- 4.2%
- $1,179,443
- $4,521,198
- Montgomery FM 1097 1259-02-022
- TXDOT
- $5,689,158
- 07/06/26
- 230
- 3.9%
- $742,064
- $5,466,539
- Montgomery FM 1097 1259-02-022
- TXDOT
- $220,722
- 07/05/26
- 23
- 43.5%
- $287,898
- $124,756
- Montgomery FM 1097 1259-02-022
- TXDOT
- $10,910,071
- 07/05/26
- 126
- 7.9%
- $2,597,636
- $10,044,192
- Montgomery FM 1097 1259-02-022
- TXDOT
- $1,527,726
- 07/05/26
- 83
- 12.0%
- $552,190
- $1,343,663
- Montgomery FM 1097 1259-02-022
- Harris County Precinct 3
- $2,551,339
- 06/26/26
- 120
- 15.8%
- $637,835
- $2,147,377
- Montgomery FM 1097 1259-02-022
- Windcrest
- $1,153,704
- 06/15/26
- 120
- 25.0%
- $288,426
- $865,278
- Montgomery FM 1097 1259-02-022
- Boerne
- $159,157
- 05/30/26
- 60
- 76.7%
- $79,579
- $37,137
- Montgomery FM 1097 1259-02-022
- Shelby County
- $296,810
- 04/25/26
- 120
- 67.5%
- $74,203
- $96,463
- Montgomery FM 1097 1259-02-022
- Waller County M U D
- $611,930
- 04/19/26
- 120
- 72.5%
- $152,983
- $168,281
- Montgomery FM 1097 1259-02-022
- TXDOT
- $22,200,381
- 03/07/26
- 170
- 76.5%
- $3,917,714
- $5,223,619
- Montgomery FM 1097 1259-02-022
- TXDOT
- $8,523,201
- 12/07/25
- 290
- 75.9%
- $881,710
- $2,057,324
- Montgomery FM 1097 1259-02-022
- Montgomery County
- $15,604,855
- 11/07/25
- 455
- 54.9%
- $1,028,892
- $7,030,759
- Montgomery FM 1097 1259-02-022
- TXDOT
- $18,231,669
- 11/03/25
- 557
- 45.6%
- $981,957
- $9,917,766
- Montgomery FM 1097 1259-02-022
- Houston
- $7,770,010
- 07/28/25
- 365
- 96.4%
- $638,631
- $276,740
- Montgomery FM 1097 1259-02-022
- TXDOT
- $44,841,587
- 03/08/25
- 1200
- 41.3%
- $1,121,040
- $26,344,432
- Montgomery FM 1097 1259-02-022
- TXDOT
- $13,181,849
- 11/30/24
- 800
- 74.1%
- $494,319
- $3,410,803
- Montgomery FM 1097 1259-02-022
- TXDOT
- $10,569,490
- 11/05/24
- 800
- 77.3%
- $396,356
- $2,404,559
- Montgomery FM 1097 1259-02-022
- TXDOT
- $14,385,828
- 10/01/24
- 800
- 81.6%
- $539,469
- $2,643,396
- Montgomery FM 1097 1259-02-022
- TXDOT
- $12,103,561
- 10/01/24
- 800
- 81.6%
- $453,884
- $2,224,029
- Montgomery FM 1097 1259-02-022
- TXDOT
- $18,279,582
- 10/01/24
- 800
- 81.6%
- $685,484
- $3,358,873
- Montgomery FM 1097 1259-02-022
- TXDOT
- $10,720,298
- 09/30/24
- 800
- 81.8%
- $402,011
- $1,956,454
- Montgomery FM 1097 1259-02-022
- TXDOT
- $23,585,947
- 08/04/24
- 1200
- 59.3%
- $589,649
- $9,611,273
- Montgomery FM 1097 1259-02-022
- TXDOT
- $28,303,655
- 07/01/24
- 1200
- 62.1%
- $707,591
- $10,731,803
- Montgomery FM 1097 1259-02-022
- TXDOT
- $28,303,655
- 07/01/24
- 1200
- 62.1%
- $707,591
- $10,731,803
- Montgomery FM 1097 1259-02-022
- TXDOT
- $11,991,169
- 06/03/24
- 800
- 96.6%
- $449,669
- $404,702
- Montgomery FM 1097 1259-02-022
- TXDOT
- $26,085,494
- 11/06/23
- 1200
- 81.9%
- $652,137
- $4,717,127
- $21,508,795
- $155,432,544



