- Hunter Industries
- 2026
- 85
- 18
- 21.18%
- $226,135,936
- 4.68%
- 12.34%
- 8.32%
- $698,415,648

Hunter Industries holds a **$292M** backlog with multiple active projects, including Maverick SL 480 (**$86M** remaining) and Bexar IH 37 (**$30M** remaining), driving steady near-term revenue. The 2026 bidding pace of **$660M** at a 20.5% success rate supports pipeline continuity and positive cash flow.
Medium-term Outlook (6-12 months)
The **$292M** backlog provides solid coverage through 2027, aided by improved 4.61% average left on low bids versus 7.86% in 2025. Consistent 21-25% win rates across fluctuating volumes position the firm for sustained operations if recent awards convert efficiently.
Key Risk Period
Post-2027 presents the primary risk as long-duration projects (800-1200 months) with **$292M** total remaining begin to exhaust without accelerated new awards. Revenue volatility shown by swings from **$350M** low bids in 2024 to **$71M** in 2025 could pressure liquidity if bidding momentum stalls.
Recommendations
Target **$200M+** annual awards through focused bidding on high-success segments while tightening controls on the 4.61% margins. Monitor backlog burn rates quarterly to align cash inflows with project durations.
- Bexar SL 1604 1479-01-028
- TXDOT
- 9/3/26
- Caldwell SH 304 0573-02-008
- TXDOT
- 9/3/26
- Guadalupe IH 10 0535-02-050
- TXDOT
- 8/6/26
- Blanco US 281 0252-03-056
- TXDOT
- 8/6/26
- Goliad US 59 0088-02-063
- TXDOT
- 7/1/26
- Guadalupe FM 466 0216-03-034
- TXDOT
- 6/2/26
- IH 35 0018-01-102
- TXDOT
- 5/7/26
- Guadalupe FM 1150 1269-01-023
- TXDOT
- 5/7/26
- Bexar IH 37 0073-08-183
- TXDOT
- 5/6/26
- Bastrop FM 969 1186-02-028
- TXDOT
- 5/6/26
- Lavaca FM 531 0269-10-028
- TXDOT
- 4/7/26
- Maverick SL 480 0299-14-010
- TXDOT
- 4/7/26
- Live Oak US 59 0542-06-053
- TXDOT
- 3/4/26
- Duval SH 44 0237-05-047
- TXDOT
- 3/4/26
- Refugio SH 35 0180-02-048
- TXDOT
- 2/5/26
- Lavaca UA 90 0445-02-068
- TXDOT
- 2/4/26
- Austin FM 1458 0527-03-025
- TXDOT
- 1/7/26
- Fayette US 77 0211-06-068
- TXDOT
- 1/6/26
- Taxiways A4 B3 Construction Victoria Regional Airport
- Victoria Regional Airport
- $17,594,263
- 9/10/26
- Victoria US 87 0143-10-058
- TXDOT
- $6,244,341
- 9/3/26
- Bexar SL 1604 1479-01-028
- TXDOT
- $3,445,214
- 9/3/26
- Caldwell SH 304 0573-02-008
- TXDOT
- $5,111,477
- 9/3/26
- Williamson FM 1331 0337-03-020
- TXDOT
- $2,404,891
- 9/2/26
- Jackson SH 172 0420-01-051
- TXDOT
- $6,196,527
- 8/6/26
- Blanco US 281 0252-03-056
- TXDOT
- $2,419,095
- 8/6/26
- Hays RM 150 1197-01-027
- TXDOT
- $3,447,342
- 8/6/26
- Live Oak US 281 0254-01-149
- TXDOT
- $10,057,979
- 8/6/26
- Maverick US 57 0276-01-044
- TXDOT
- $8,991,896
- 8/6/26
- Guadalupe IH 10 0535-02-050
- TXDOT
- $5,753,739
- 8/6/26
- Victoria FM 236 0842-03-037
- TXDOT
- $26,432,444
- 8/6/26
- Travis US 290 0114-02-112
- TXDOT
- $8,987,526
- 8/5/26
- Frio US 57 0276-07-035
- TXDOT
- $7,521,170
- 8/5/26
- Zavala US 83 0037-02-060
- TXDOT
- $14,520,387
- 8/5/26
- Karnes FM 81 0991-02-014
- TXDOT
- $8,444,530
- 8/5/26
- Jackson FM 3131 1756-01-024
- TXDOT
- $1,038,606
- 8/5/26
- Llano SH 29 0150-02-043
- TXDOT
- $2,542,785
- 8/5/26
- Bastrop SH 71 0265-03-054
- TXDOT
- $1,451,193
- 7/2/26
- Bastrop SH 71 0266-04-053
- TXDOT
- $8,114,943
- 7/2/26
- Comal IH 35 0016-05-128
- TXDOT
- $14,906,102
- 7/1/26
- Williamson IH 35 0015-09-208
- TXDOT
- $3,026,334
- 7/1/26
- Goliad US 59 0088-02-063
- TXDOT
- $2,132,369
- 7/1/26
- Bexar US 87 0143-01-068
- TXDOT
- $2,658,674
- 7/1/26
- IFB 2026 B07 Nutty Brown Road Remove Replace Hot Mix
- San Marcos - TX
- $1,585,000
- 6/10/26
- IFB 2026 B07 Nutty Brown Road Remove Replace Hot Mix
- San Marcos - TX
- $1,710,000
- 6/10/26
- IFB 2026 B13 Fairview Road Hot Mix Overlay
- San Marcos - TX
- $120,000
- 6/8/26
- IFB 2026 B12 Creeks Landing Hot Mix Overlay
- San Marcos - TX
- $204,850
- 6/8/26
- IFB 2026 B11 Jacobs Well Road Remove Replace Hot Mix
- San Marcos - TX
- $326,600
- 6/8/26
- IFB 2026 B10 Shadow Creek Black Forest Road Remove Replace Hot Mix
- San Marcos - TX
- $133,500
- 6/8/26
- IFB 2026 B09 Shadow Creek Brandons Way Remove Replace Hot Mix
- San Marcos - TX
- $180,080
- 6/8/26
- IFB 2026 B08 Sunfield Campo Del Sol Parkway Remove Replace Hot Mix
- San Marcos - TX
- $288,083
- 6/8/26
- Guadalupe SH 123 0366-02-089
- TXDOT
- $41,173,463
- 6/3/26
- Guadalupe FM 466 0216-03-034
- TXDOT
- $2,728,901
- 6/2/26
- IH 35 0018-01-102
- TXDOT
- $24,814,865
- 5/7/26
- Wilson FM 1107 1271-01-013
- TXDOT
- $1,111,508
- 5/7/26
- Guadalupe FM 1150 1269-01-023
- TXDOT
- $14,244,557
- 5/7/26
- Matagorda FM 521 0847-05-043
- TXDOT
- $6,049,442
- 5/7/26
- Bexar SS 536 0073-02-092
- TXDOT
- $1,710,602
- 5/7/26
- Bexar VARIOUS 0915-00-313
- TXDOT
- $4,540,396
- 5/6/26
- Bexar IH 37 0073-08-183
- TXDOT
- $33,122,614
- 5/6/26
- Goliad POST OAK RD 0916-26-023
- TXDOT
- $1,290,348
- 5/6/26
- Kendall SH 29 0151-02-026
- TXDOT
- $12,382,171
- 5/6/26
- Bastrop FM 969 1186-02-028
- TXDOT
- $3,189,428
- 5/6/26
- Austin FM 1456 1410-01-026
- TXDOT
- $2,718,147
- 5/6/26
- Kendall RM 473 0142-09-049
- TXDOT
- $4,724,931
- 5/6/26
- Patsy Winn Blvd Extension
- Eagle Pass
- $14,770,314
- 5/1/26
- El Paso RM 12 0683-05-017
- TXDOT
- $10,464,096
- 4/8/26
- Jackson SH 35 0179-09-041
- TXDOT
- $32,149,042
- 4/8/26
- Bexar SL 1604 2452-01-066
- TXDOT
- $58,520,500
- 4/7/26
- Williamson FM 619 0986-03-015
- TXDOT
- $1,607,118
- 4/7/26
- Williamson SH 29 0337-02-054
- TXDOT
- $2,670,295
- 4/7/26
- Maverick SL 480 0299-14-010
- TXDOT
- $93,685,506
- 4/7/26
- Lavaca FM 531 0269-10-028
- TXDOT
- $2,566,088
- 4/7/26
- Bexar SL 368 0016-08-049
- TXDOT
- $5,350,448
- 4/7/26
- Hays FM 110 3545-02-013
- TXDOT
- $1,732,548
- 3/5/26
- Bexar SH 211 3544-04-011
- TXDOT
- $3,131,752
- 3/5/26
- Hays FM 2790 2883-01-004
- TXDOT
- $11,904,133
- 3/4/26
- Hays FM 2001 1776-02-021
- TXDOT
- $1,855,947
- 3/4/26
- Comal US 281 0253-03-078
- TXDOT
- $6,384,795
- 3/4/26
- Duval SH 44 0237-05-047
- TXDOT
- $18,216,990
- 3/4/26
- Medina SH 173 0421-02-034
- TXDOT
- $1,580,350
- 3/4/26
- San Patricio IH 37 0074-05-104
- TXDOT
- $2,624,510
- 3/4/26
- Live Oak US 59 0542-06-053
- TXDOT
- $5,311,274
- 3/4/26
- Williamson FM 487 1201-02-026
- TXDOT
- $4,998,062
- 2/5/26
- Williamson FM 3405 1755-03-010
- TXDOT
- $3,478,659
- 2/5/26
- Austin FM 1093 0446-06-018
- TXDOT
- $6,138,592
- 2/5/26
- Colorado US 90 0026-06-033
- TXDOT
- $5,347,128
- 2/5/26
- Guadalupe SH 123 0366-02-096
- TXDOT
- $4,433,884
- 2/5/26
- Refugio SH 35 0180-02-048
- TXDOT
- $1,219,239
- 2/5/26
- San Patricio US 181 0101-04-130
- TXDOT
- $2,372,409
- 2/5/26
- Burnet SH 29 0150-05-051
- TXDOT
- $3,564,625
- 2/4/26
- Travis SL 275 0015-11-075
- TXDOT
- $2,504,006
- 2/4/26
- San Patricio FM 1069 1549-03-031
- TXDOT
- $2,513,036
- 2/4/26
- Calhoun EPWORTH PL 0913-19-032
- TXDOT
- $526,458
- 2/4/26
- Lavaca UA 90 0445-02-068
- TXDOT
- $2,749,828
- 2/4/26
- Bexar IH 35 0017-09-106
- TXDOT
- $16,117,333
- 2/4/26
- IFB 2026 B01 Jacobs Well Road Curve
- San Marcos - TX
- $1,379,784
- 1/21/26
- Wharton FM 1160 1302-01-025
- TXDOT
- $3,841,037
- 1/7/26
- Austin FM 1458 0527-03-025
- TXDOT
- $1,089,638
- 1/7/26
- Austin US 59 0542-01-100
- TXDOT
- $17,421,354
- 1/6/26
- Matagorda FM 521 0847-01-016
- TXDOT
- $4,396,983
- 1/6/26
- Lavaca COUNTY ROAD 281 0913-29-067
- TXDOT
- $1,459,391
- 1/6/26
- Wharton FM 1160 1302-01-028
- TXDOT
- $2,210,069
- 1/6/26
- Fayette US 77 0211-06-068
- TXDOT
- $4,335,114
- 1/6/26
- Caldwell SH 304 0573-02-008
- TXDOT
- $5,111,477
- 11/02/26
- 121
- 0%
- -
- $5,111,477
- Bexar SL 1604 1479-01-028
- TXDOT
- $3,445,214
- 11/02/26
- 263
- 0%
- -
- $3,445,214
- Blanco US 281 0252-03-056
- TXDOT
- $2,419,095
- 10/05/26
- 146
- 0%
- -
- $2,419,095
- Guadalupe IH 10 0535-02-050
- TXDOT
- $5,753,739
- 10/05/26
- 227
- 0%
- -
- $5,753,739
- Fayette US 77 0211-06-068
- TXDOT
- $2,132,369
- 08/30/26
- 78
- 28.2%
- $820,142
- $1,530,932
- Fayette US 77 0211-06-068
- TXDOT
- $2,728,901
- 08/01/26
- 169
- 30.2%
- $484,420
- $1,905,386
- Fayette US 77 0211-06-068
- TXDOT
- $14,244,557
- 07/06/26
- 504
- 15.3%
- $847,890
- $12,068,305
- Fayette US 77 0211-06-068
- TXDOT
- $24,814,865
- 07/06/26
- 319
- 24.1%
- $2,333,686
- $18,825,070
- Fayette US 77 0211-06-068
- TXDOT
- $3,189,428
- 07/05/26
- 99
- 78.8%
- $966,493
- $676,545
- Fayette US 77 0211-06-068
- TXDOT
- $33,122,614
- 07/05/26
- 436
- 17.9%
- $2,279,079
- $27,197,009
- Fayette US 77 0211-06-068
- TXDOT
- $93,685,506
- 06/06/26
- 817
- 13.1%
- $3,440,104
- $81,415,801
- Fayette US 77 0211-06-068
- TXDOT
- $18,216,990
- 05/03/26
- 345
- 40.9%
- $1,584,086
- $10,771,785
- Fayette US 77 0211-06-068
- TXDOT
- $5,311,274
- 05/03/26
- 144
- 97.9%
- $1,106,515
- $110,652
- Fayette US 77 0211-06-068
- TXDOT
- $10,827,269
- 01/05/25
- 800
- 78.1%
- $406,023
- $2,368,465
- Fayette US 77 0211-06-068
- TXDOT
- $31,574,353
- 11/30/24
- 1200
- 55.1%
- $789,359
- $14,182,147
- Fayette US 77 0211-06-068
- TXDOT
- $14,520,545
- 09/08/24
- 800
- 93.0%
- $544,520
- $1,016,438
- Fayette US 77 0211-06-068
- TXDOT
- $46,859,659
- 09/07/24
- 1200
- 62.1%
- $1,171,491
- $17,767,621
- Fayette US 77 0211-06-068
- TXDOT
- $39,483,857
- 03/05/24
- 1200
- 77.6%
- $987,096
- $8,850,965
- Fayette US 77 0211-06-068
- TXDOT
- $112,692,665
- 03/05/24
- 1200
- 77.6%
- $2,817,317
- $25,261,939
- Fayette US 77 0211-06-068
- TXDOT
- $39,193,544
- 03/04/24
- 1200
- 77.7%
- $979,839
- $8,753,225
- Fayette US 77 0211-06-068
- TXDOT
- $21,356,224
- 02/03/24
- 1200
- 80.2%
- $533,906
- $4,235,651
- Fayette US 77 0211-06-068
- TXDOT
- $74,026,221
- 10/02/23
- 1200
- 90.5%
- $1,850,656
- $7,032,491
- Fayette US 77 0211-06-068
- TXDOT
- $55,933,077
- 10/01/23
- 1200
- 90.6%
- $1,398,327
- $5,267,031
- $25,340,949
- $265,966,983

