Michael Feniger

“I realize 2026 is a year of volume-led growth. Do you see in 27, we get more of that, just generally, we get more of that flow through from GTV growth into EBITDA and free cash flow?”

“Can you just talk a little bit about this business, the revenue CAGR over the last few years, any variability through cycle, just seeing like 30% go to steel production, just kind of curious what the variability looks like when, you know, we go through certain soft patches in the industrial economy.”

“I guess the first question just with these data centers, obviously, with these mega projects, big projects, is this changing your overall average project? Does your risk profile, Jules, change at all as maybe you do more private work or these big projects?”

“Eric, SG&A was up about 4% year-over-year and cost of service was flat when GTV is up 11%. Can you talk about the performance in the quarter and what's sustainable?”

“Ronnie, just if we do get a CR, does that change your view at all on 2027 and how that looks up? Does that shift us from a growth market to maybe flattish, or we're still maybe in growth mode because of the dollars left spent?”