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Granite Construction Incorporated(GVA)Earnings, Financials & Key Ratios
GVA•NYSE
$142.38
$6.23B mkt cap·39.2× P/E·Price updated May 6, 2026
AboutGranite Construction Incorporated operates as an infrastructure contractor and a construction materials producer in the United States. It operates through two segments, Construction and Materials segments. The Construction segment engages in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, marine ports, dams, reservoirs, aqueducts, infrastructure, and site development for use by the public. It also focuses on water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies. The company also constructs various complex projects, including infrastructure/site development, mining, public safety, tunnel, solar, and power projects. The Materials segment is involved in the production of aggregates and asphalt for internal use, as well as for sale to third parties. In addition, it offers site preparation, mining, and infrastructure services for residential development, energy development, commercial and industrial sites, and other facilities; and provides construction management professional services. The company serves federal agencies, state departments of transportation, local transit authorities, county and city public works departments, school districts and developers, utilities, contractors, landscapers, manufacturers of products requiring aggregate materials, retailers, homeowners, farmers, brokers, and private owners of industrial, commercial, and residential sites. Granite Construction Incorporated was founded in 1922 and is headquartered in Watsonville, California.Show more
- Revenue$4.42B+10.4%
- EBITDA$425M+27.3%
- Net Income$193M+52.8%
- EPS (Diluted)3.63+38.5%
- Gross Margin16.07%+12.5%
- EBITDA Margin9.6%+15.3%
- Operating Margin5.93%+14.5%
- Net Margin4.36%+38.4%
- ROE16.78%+39.8%
- ROIC10.78%-7.2%
- Debt/Equity1.33+72.2%
- Interest Coverage5.55-28.1%
GVA Key Insights
Granite Construction Incorporated (GVA) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓High quality earnings: Operating CF exceeds net income
- ✓Trading near 52-week high
- ✓Efficient asset utilization: 1.1x turnover
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
GVA Price & Volume
Granite Construction Incorporated (GVA) stock price & volume — 10-year historical chart
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GVA Growth Metrics
Granite Construction Incorporated (GVA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years6.44%
5 Years4.43%
3 Years10.25%
TTM14.93%
Profit CAGR
10 Years12.3%
5 Years-
3 Years32.32%
TTM49.56%
EPS CAGR
10 Years9.1%
5 Years-
3 Years28.77%
TTM49.56%
Return on Capital
10 Years3.93%
5 Years7.09%
3 Years9.2%
Last Year11.55%
GVA Recent Earnings
Granite Construction Incorporated (GVA) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
Apr 30, 2026EPS
$0.96
Est $0.77
-25.2%
Revenue
$912M
Est $782M
+16.6%
Q1 2026
Feb 12, 2026EPS
$1.40
Est $1.34
+4.5%
Revenue
$1.2B
Est $1.1B
+1.5%
Q4 2025
Nov 6, 2025EPS
$2.70
Est $2.56
+5.5%
Revenue
$1.4B
Est $1.1B
+24.9%
Q3 2025
Aug 7, 2025EPS
$1.93
Est $1.77
+9.0%
Revenue
$1.1B
Est $1.4B
-19.7%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 30, 2026 | $0.96vs $0.77-25.2% | $912Mvs $782M+16.6% |
| Q1 2026 | Feb 12, 2026 | $1.40vs $1.34+4.5% | $1.2Bvs $1.1B+1.5% |
| Q4 2025 | Nov 6, 2025 | $2.70vs $2.56+5.5% | $1.4Bvs $1.1B+24.9% |
| Q3 2025 | Aug 7, 2025 | $1.93vs $1.77+9.0% | $1.1Bvs $1.4B-19.7% |
Based on last 12 quarters of dataView full earnings history →
GVA Peer Comparison
Granite Construction Incorporated (GVA) competitors in Civil infrastructure construction — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 VMC | 38.37B | 295.72 | 36.42 | 6.94% | 13.88% | 13.07% | 0.63 | |
 MLM | 37.12B | 615.48 | 32.74 | 0.12% | 38.67% | 25.07% | 0.53 | |
 CRH | 76.78B | 114.91 | 20.85 | 9.01% | 9.21% | 20.58% | 0.77 | |
 ROAD | 7.47B | 134.95 | 73.34 | 54.2% | 3.99% | 12.59% | 1.85 | |
 PRIM | 5.5B | 101.37 | 20.19 | 18.97% | 3.31% | 15.21% | 0.76 | |
 STRL | 27.19B | 886.22 | 94.48 | 17.69% | 12.02% | 32.26% | 0.32 | |
 ACM | 11.06B | 83.92 | 19.93 | 0.21% | 2.94% | 21.02% | 1.25 | |
 PWR | 117.83B | 785.24 | 115.48 | 19.76% | 3.72% | 12.96% | 0.13 |
Compare GVA vs Peers
Granite Construction Incorporated (GVA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
GVA Income Statement
Granite Construction Incorporated (GVA) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 2.99B | 3.32B | 2.91B | 3.56B | 3.5B | 3.3B | 3.51B | 4.01B | 4.42B | 4.64B |
| Revenue Growth % | 18.89% | 10.99% | -12.16% | 22.22% | -1.7% | -5.73% | 6.3% | 14.2% | 10.4% | 14.93% |
| Cost of Goods Sold | 2.67B | 2.93B | 2.73B | 3.22B | 3.14B | 2.93B | 3.11B | 3.43B | 3.71B | 3.9B |
| COGS % of Revenue | 89.47% | 88.27% | 93.49% | 90.32% | 89.64% | 88.81% | 88.7% | 85.71% | 83.93% | - |
| Gross Profit | 314.93M▲ 0% | 389.19M▲ 23.6% | 189.78M▼ 51.2% | 344.79M▲ 81.7% | 362.64M▲ 5.2% | 369.49M▲ 1.9% | 396.4M▲ 7.3% | 572.7M▲ 44.5% | 711.22M▲ 24.2% | 737.27M▲ 0% |
| Gross Margin % | 10.53% | 11.73% | 6.51% | 9.68% | 10.36% | 11.19% | 11.3% | 14.29% | 16.07% | 15.9% |
| Gross Profit Growth % | 4.5% | 23.58% | -51.24% | 81.67% | 5.18% | 1.89% | 7.28% | 44.47% | 24.19% | - |
| Operating Expenses | 216.22M | 272.78M | 231.51M | 503.13M | 337.93M | 284.11M | 316.34M | 365.33M | 448.98M | 460.22M |
| OpEx % of Revenue | 7.23% | 8.22% | 7.94% | 14.12% | 9.65% | 8.61% | 9.01% | 9.12% | 10.15% | - |
| Selling, General & Admin | 220.4M | 272.78M | 238.15M | 316.28M | 303.01M | 272.61M | 294.47M | 334.16M | 407.56M | 432.6M |
| SG&A % of Revenue | 7.37% | 8.22% | 8.17% | 8.88% | 8.65% | 8.26% | 8.39% | 8.34% | 9.21% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | -4.18M | 1.67M | -6.64M | 186.85M | 34.91M | 11.5M | 21.87M | 31.17M | 41.42M | 3M |
| Operating Income | 98.72M▲ 0% | 8.22M▼ 91.7% | -41.72M▼ 607.8% | -158.34M▼ 279.5% | 24.72M▲ 115.6% | 85.38M▲ 245.4% | 80.06M▼ 6.2% | 207.36M▲ 159.0% | 262.24M▲ 26.5% | 277.06M▲ 0% |
| Operating Margin % | 3.3% | 0.25% | -1.43% | -4.44% | 0.71% | 2.59% | 2.28% | 5.17% | 5.93% | 5.97% |
| Operating Income Growth % | 6.89% | -91.68% | -607.84% | -279.51% | 115.61% | 245.42% | -6.23% | 159% | 26.46% | - |
| EBITDA | 165.06M | 119.76M | 80.27M | -45.39M | 133.77M | 167.95M | 172.33M | 333.69M | 424.67M | 452.81M |
| EBITDA Margin % | 5.52% | 3.61% | 2.75% | -1.27% | 3.82% | 5.09% | 4.91% | 8.33% | 9.6% | 9.76% |
| EBITDA Growth % | 6.25% | -27.44% | -32.98% | -156.54% | 394.73% | 25.55% | 2.61% | 93.63% | 27.26% | 33.83% |
| D&A (Non-Cash Add-back) | 66.34M | 111.54M | 121.99M | 112.96M | 109.05M | 82.57M | 92.27M | 126.33M | 162.43M | 175.76M |
| EBIT | 79.07M | 62.06M | -22.17M | -142.26M | 42.87M | 104.44M | 78.32M | 225.38M | 262.24M | 306.22M |
| Net Interest Income | -6.06M | -8.49M | -10.8M | -21.1M | -19.56M | -6.1M | -924K | -4.84M | -20.34M | -29.34M |
| Interest Income | 4.74M | 6.08M | 7.26M | 3.1M | 1.18M | 6.53M | 17.54M | 24.35M | 26.88M | 26.46M |
| Interest Expense | 10.8M | 14.57M | 18.05M | 24.2M | 20.74M | 12.62M | 18.46M | 29.19M | 47.22M | 55.8M |
| Other Income/Expense | 5.75M | 112K | 1.5M | -8.12M | -2.59M | 6.44M | -20.21M | -11.17M | 26.59M | 3.35M |
| Pretax Income | 104.46M▲ 0% | 8.33M▼ 92.0% | -40.22M▼ 583.0% | -166.46M▼ 313.8% | 22.13M▲ 113.3% | 91.82M▲ 315.0% | 59.85M▼ 34.8% | 196.19M▲ 227.8% | 288.83M▲ 47.2% | 280.4M▲ 0% |
| Pretax Margin % | 3.49% | 0.25% | -1.38% | -4.67% | 0.63% | 2.78% | 1.71% | 4.9% | 6.53% | 6.05% |
| Income Tax | 28.66M | 10.41M | -12.29M | -282K | 19.71M | 12.96M | 30.27M | 55.75M | 68.48M | 68.11M |
| Effective Tax Rate % | 27.44% | 125.05% | 30.55% | 0.17% | 89.09% | 14.12% | 50.57% | 28.42% | 23.71% | 24.29% |
| Net Income | 34.12M▲ 0% | 582K▼ 98.3% | -60.19M▼ 10442.1% | -145.12M▼ 141.1% | 10.1M▲ 107.0% | 83.3M▲ 725.1% | 43.6M▼ 47.7% | 126.35M▲ 189.8% | 193M▲ 52.8% | 184.96M▲ 0% |
| Net Margin % | 1.14% | 0.02% | -2.07% | -4.07% | 0.29% | 2.52% | 1.24% | 3.15% | 4.36% | 3.99% |
| Net Income Growth % | -40.28% | -98.29% | -10442.1% | -141.09% | 106.96% | 725.1% | -47.66% | 189.79% | 52.76% | 49.56% |
| Net Income (Continuing) | 42.46M | 11.54M | -27.94M | -166.18M | 2.41M | 78.86M | 29.59M | 140.44M | 220.35M | 212.29M |
| Discontinued Operations | 0 | 0 | -28.77M | -164.4M | 10.67M | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 47.7M | 46M | 36.95M | 15.95M | 27.88M | 32.13M | 49.67M | 64.14M | 42.48M | 48.92M |
| EPS (Diluted) | 0.84▲ 0% | 0.96▲ 14.3% | -1.29▼ 234.4% | -3.18▼ 146.5% | 0.22▲ 106.9% | 1.70▲ 672.7% | 0.83▼ 51.2% | 2.62▲ 215.7% | 3.63▲ 38.5% | 4.25▲ 0% |
| EPS Growth % | -40.85% | 14.29% | -234.38% | -146.51% | 106.92% | 672.73% | -51.18% | 215.66% | 38.55% | 49.56% |
| EPS (Basic) | 0.86 | 0.97 | -1.29 | -3.18 | 0.22 | 1.87 | 0.99 | 2.88 | 4.42 | - |
| Diluted Shares Outstanding | 40.37M | 44.02M | 46.56M | 45.61M | 45.79M | 52.33M | 52.56M | 52.51M | 53.13M | 43.53M |
| Basic Shares Outstanding | 39.8M | 43.56M | 46.56M | 45.61M | 45.79M | 44.48M | 43.88M | 43.85M | 43.65M | 43.53M |
| Dividend Payout Ratio | 60.64% | 3852.92% | - | - | 235.78% | 27.94% | 52.32% | 18.06% | 11.77% | - |
GVA Balance Sheet
Granite Construction Incorporated (GVA) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 1.23B | 1.34B | 1.38B | 1.46B | 1.83B | 1.35B | 1.64B | 1.72B | 1.81B | 1.6B |
| Cash & Short-Term Investments | 301.49M | 302.81M | 483.18M | 614.09M | 585.56M | 517.17M | 624.76M | 726.57M | 600.24M | 314.9M |
| Cash Only | 233.71M | 272.8M | 262.27M | 425.29M | 395.65M | 293.99M | 417.66M | 578.33M | 529.22M | 265.71M |
| Short-Term Investments | 315.6M | 312.23M | 220.91M | 188.8M | 189.91M | 223.18M | 207.1M | 148.24M | 71.02M | 49.19M |
| Accounts Receivable | 583.76M | 669M | 758.86M | 569.65M | 610.02M | 705.9M | 861.69M | 840.1M | 867.27M | 636.51M |
| Days Sales Outstanding | 71.27 | 73.58 | 95.02 | 58.37 | 63.58 | 78.05 | 89.63 | 76.51 | 71.55 | 70.75 |
| Inventory | 62.5M | 88.62M | 88.89M | 62.47M | 61.97M | 86.81M | 103.9M | 108.17M | 143.13M | 168.79M |
| Days Inventory Outstanding | 8.53 | 11.04 | 11.91 | 7.09 | 7.2 | 10.81 | 12.18 | 11.49 | 14.07 | 13.66 |
| Other Current Assets | 284.34M | 280.07M | 46.02M | 209.03M | 569.85M | 37.41M | 53.1M | 41.82M | 201.59M | 484.5M |
| Total Non-Current Assets | 639.9M | 1.06B | 1.13B | 924.75M | 667.53M | 820.64M | 1.17B | 1.31B | 2.22B | 2.17B |
| Property, Plant & Equipment | 407.42M | 549.69M | 614.83M | 474.14M | 482.82M | 558.29M | 741.04M | 805.98M | 1.41B | 1.39B |
| Fixed Asset Turnover | 7.34x | 6.04x | 4.74x | 7.51x | 7.25x | 5.91x | 4.74x | 4.97x | 3.13x | 3.73x |
| Goodwill | 53.8M | 259.47M | 264.28M | 53.72M | 53.72M | 73.7M | 155M | 214.47M | 400.81M | 400.54M |
| Intangible Assets | 16.18M | 65.72M | 47.49M | 10.6M | 9.5M | 9.21M | 117.32M | 127.89M | 179.55M | 174.5M |
| Long-Term Investments | 103.48M | 120.45M | 89.18M | 32.84M | 38.97M | 107.29M | 92.91M | 94.03M | 146.3M | 601.39M |
| Other Non-Current Assets | 73.84M | 127.28M | 59.21M | 310.35M | 58.39M | 49.93M | 55.63M | 66.64M | -37.11M | 333.51M |
| Total Assets | 1.87B▲ 0% | 2.48B▲ 32.3% | 2.5B▲ 1.0% | 2.38B▼ 4.9% | 2.49B▲ 4.8% | 2.17B▼ 13.1% | 2.81B▲ 29.8% | 3.03B▲ 7.5% | 4.03B▲ 33.2% | 3.78B▲ 0% |
| Asset Turnover | 1.60x | 1.34x | 1.16x | 1.50x | 1.40x | 1.52x | 1.25x | 1.32x | 1.10x | 1.23x |
| Asset Growth % | 7.99% | 32.3% | 1.03% | -4.88% | 4.83% | -13.11% | 29.78% | 7.54% | 33.21% | 103.42% |
| Total Current Liabilities | 655.27M | 737.44M | 842.06M | 943.26M | 1.07B | 797.59M | 1.03B | 1.03B | 1.48B | 1.48B |
| Accounts Payable | 237.67M | 256.76M | 400.77M | 321.35M | 324.31M | 334.39M | 408.36M | 407.22M | 430.3M | 430.31M |
| Days Payables Outstanding | 32.43 | 31.99 | 53.68 | 36.45 | 37.71 | 41.63 | 47.88 | 43.27 | 42.3 | 42.81 |
| Short-Term Debt | 46.05M | 47.29M | 8.24M | 8.28M | 8.73M | 1.45M | 39.93M | 1.11M | 408.62M | 379.79M |
| Deferred Revenue (Current) | 135.15M | 0 | 95.74M | 162.93M | 200.04M | 173.29M | 243.85M | 299.67M | 327.37M | 628.04M |
| Other Current Liabilities | 168.2M | 295.09M | 124.38M | 220.56M | 219.49M | 112.69M | 215.5M | 163.85M | 170.07M | 668.74M |
| Current Ratio | 1.88x | 1.82x | 1.64x | 1.54x | 1.71x | 1.69x | 1.60x | 1.66x | 1.22x | 1.22x |
| Quick Ratio | 1.78x | 1.70x | 1.53x | 1.48x | 1.65x | 1.58x | 1.49x | 1.56x | 1.13x | 1.13x |
| Cash Conversion Cycle | 47.36 | 52.63 | 53.25 | 29 | 33.08 | 47.22 | 53.93 | 44.74 | 43.32 | 41.6 |
| Total Non-Current Liabilities | 223.9M | 401.13M | 481.62M | 445.13M | 430.05M | 385.19M | 756.69M | 914.33M | 1.33B | 1.22B |
| Long-Term Debt | 178.45M | 335.12M | 356.11M | 330.52M | 331.19M | 286.93M | 614.78M | 737.94M | 1.09B | 983.94M |
| Capital Lease Obligations | 0 | 0 | 58.62M | 39.82M | 32.93M | 32.17M | 63.55M | 73.64M | 125.73M | 333.12M |
| Deferred Tax Liabilities | 1.36M | 4.32M | 3.75M | 2.02M | 1.86M | 1.89M | 3.71M | 13.87M | 141.49M | 417.59M |
| Other Non-Current Liabilities | 44.09M | 65.24M | 63.14M | 72.77M | 64.07M | 64.2M | 74.65M | 88.88M | -29.07M | 371.15M |
| Total Liabilities | 879.17M | 1.08B | 1.32B | 1.39B | 1.5B | 1.18B | 1.79B | 1.95B | 2.81B | 2.7B |
| Total Debt | 224.5M | 382.4M | 422.97M | 378.62M | 372.85M | 339.21M | 735.09M | 832.85M | 1.62B | 1.36B |
| Net Debt | -9.21M | 109.6M | 160.7M | -46.68M | -22.8M | 45.22M | 317.42M | 254.52M | 1.09B | 1.1B |
| Debt / Equity | 0.23x | 0.27x | 0.36x | 0.38x | 0.37x | 0.34x | 0.72x | 0.77x | 1.33x | 1.33x |
| Debt / EBITDA | 1.36x | 3.19x | 5.27x | - | 2.79x | 2.02x | 4.27x | 2.50x | 3.82x | 3.01x |
| Net Debt / EBITDA | -0.06x | 0.92x | 2.00x | - | -0.17x | 0.27x | 1.84x | 0.76x | 2.58x | 2.58x |
| Interest Coverage | 7.32x | 4.26x | -1.23x | -5.88x | 2.07x | 8.27x | 4.24x | 7.72x | 5.55x | 5.49x |
| Total Equity | 992.8M▲ 0% | 1.4B▲ 40.8% | 1.18B▼ 15.7% | 991.61M▼ 15.9% | 995.56M▲ 0.4% | 985.14M▼ 1.0% | 1.03B▲ 4.2% | 1.08B▲ 5.1% | 1.22B▲ 13.2% | 1.08B▲ 0% |
| Equity Growth % | 7.61% | 40.78% | -15.68% | -15.85% | 0.4% | -1.05% | 4.25% | 5.1% | 13.17% | 42.79% |
| Book Value per Share | 24.59 | 31.75 | 25.31 | 21.74 | 21.74 | 18.83 | 19.54 | 20.55 | 22.99 | 24.83 |
| Total Shareholders' Equity | 945.11M | 1.35B | 1.14B | 975.66M | 967.68M | 953.02M | 977.3M | 1.02B | 1.18B | 1.03B |
| Common Stock | 399K | 467K | 456K | 457K | 458K | 437K | 439K | 434K | 435K | 437K |
| Retained Earnings | 783.7M | 787.36M | 594.35M | 424.83M | 410.83M | 481.38M | 501.84M | 604.63M | 774.64M | 727.19M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 634K | -749K | -2.65M | -5.04M | -3.36M | 788K | 881K | -582K | 1.58M | 3M |
| Minority Interest | 47.7M | 46M | 36.95M | 15.95M | 27.88M | 32.13M | 49.67M | 64.14M | 42.48M | 48.92M |
GVA Cash Flow Statement
Granite Construction Incorporated (GVA) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 146.19M | 86.39M | 111.44M | 268.46M | 21.93M | 55.65M | 183.71M | 456.34M | 468.92M | 468.92M |
| Operating CF Margin % | 4.89% | 2.6% | 3.82% | 7.54% | 0.63% | 1.69% | 5.24% | 11.39% | 10.6% | - |
| Operating CF Growth % | 99.87% | -40.91% | 28.99% | 140.91% | -91.83% | 153.74% | 230.13% | 148.41% | 2.76% | 102.5% |
| Net Income | 75.8M | 53.74M | -56.7M | -166.18M | 2.41M | 78.86M | 43.6M | 140.44M | 193M | 184.96M |
| Depreciation & Amortization | 69.69M | 122.39M | 213.89M | 112.96M | 30.79M | 82.57M | 92.27M | 126.33M | 162.43M | 132.26M |
| Stock-Based Compensation | 15.76M | 14.78M | 10.21M | 6.38M | 6.41M | 7.76M | 10.48M | 19.59M | 39.15M | 6.93M |
| Deferred Taxes | -4.82M | 20.01M | -22.92M | 8.82M | 16.6M | 5.45M | 26.56M | 13.65M | 23.8M | 0 |
| Other Non-Cash Items | -939K | 4.92M | 4.02M | 163.07M | 9.45M | -3.92M | 9.65M | 41.48M | -9.99M | -86.5M |
| Working Capital Changes | -9.3M | -129.45M | -37.06M | 143.42M | -43.73M | -115.07M | 1.16M | 114.83M | 60.52M | 170.8M |
| Change in Receivables | -60.27M | -4.58M | -58.95M | 130.51M | -11.32M | 59.62M | -78.41M | 91.42M | 83.3M | -75.26M |
| Change in Inventory | -7.25M | -2.12M | 380K | 5.14M | 774K | -14.31M | -1.43M | -2.86M | -746K | 20.26M |
| Change in Payables | 36.72M | -26.73M | 140.03M | -41M | 7.4M | -9.78M | 66.83M | 420K | -20.37M | 120.1M |
| Cash from Investing | -59.19M | -39.6M | -40.32M | -41.26M | -21.48M | -11M | -359.29M | -228.56M | -993.72M | -814.91M |
| Capital Expenditures | -67.69M | -111.1M | -106.83M | -93.25M | -94.81M | -121.61M | -140.38M | -136.41M | -138.27M | -106.06M |
| CapEx % of Revenue | 2.26% | 3.35% | 3.66% | 2.62% | 2.71% | 3.68% | 4% | 3.4% | 3.13% | - |
| Acquisitions | 10.2M | -7.21M | -6.23M | 5M | 114.93M | 140.58M | -294.02M | -134.36M | -777.52M | -775.27M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 2.85M | 13.67M | 5.64M | 21.99M | 83.33M | 19.13M | 44.85M | 15.19M | 35.21M | 106.82M |
| Cash from Financing | -42.62M | -1.87M | -81.64M | -57.66M | -24.45M | -164.31M | 299.25M | -67.12M | 475.69M | 267.16M |
| Debt Issued (Net) | -20M | 49.33M | -214.08M | -33.43M | -8.92M | -75.16M | 373.63M | 63.25M | 598.89M | 599.16M |
| Equity Issued (Net) | -6.98M | -16.56M | -36.9M | -885K | -2.73M | -70.9M | -4.12M | -50.63M | -48.21M | -33M |
| Dividends Paid | -20.69M | -22.42M | -24.32M | -23.71M | -23.8M | -23.27M | -22.81M | -22.81M | -22.72M | -17.07M |
| Share Repurchases | -6.98M | -16.56M | -36.9M | -885K | -2.73M | -70.9M | -4.12M | -50.63M | -48.21M | -33M |
| Other Financing | 5.04M | -12.22M | 193.66M | 372K | 11.01M | 5.02M | -47.44M | -56.93M | -52.27M | -281.94M |
| Net Change in Cash | 44.38M▲ 0% | 44.92M▲ 1.2% | -10.52M▼ 123.4% | 169.54M▲ 1711.4% | -23.99M▼ 114.2% | -119.66M▼ 398.7% | 123.67M▲ 203.3% | 160.67M▲ 29.9% | -49.11M▼ 130.6% | 150.15M▲ 0% |
| Free Cash Flow | 78.5M▲ 0% | -24.71M▼ 131.5% | 4.61M▲ 118.7% | 175.21M▲ 3700.6% | -72.88M▼ 141.6% | -65.97M▲ 9.5% | 43.32M▲ 165.7% | 319.94M▲ 638.5% | 330.65M▲ 3.3% | 359.2M▲ 0% |
| FCF Margin % | 2.63% | -0.74% | 0.16% | 4.92% | -2.08% | -2% | 1.23% | 7.98% | 7.47% | 7.75% |
| FCF Growth % | 540.42% | -131.48% | 118.66% | 3700.59% | -141.6% | 9.49% | 165.68% | 638.49% | 3.35% | 21.69% |
| FCF per Share | 1.94 | -0.56 | 0.10 | 3.84 | -1.59 | -1.26 | 0.82 | 6.09 | 6.22 | 6.22 |
| FCF Conversion (FCF/Net Income) | 4.29x | 148.44x | -1.85x | -1.85x | 2.17x | 0.67x | 4.21x | 3.61x | 2.43x | 1.94x |
| Interest Paid | 11.45M | 14.86M | 17.32M | 18.75M | 14.59M | 11.51M | 15.64M | 26.07M | 0 | 13.34M |
| Taxes Paid | 33.95M | 19.07M | 11.9M | 2.81M | 2.07M | 3.77M | 15.38M | 31.94M | 0 | 26.7M |
GVA Key Ratios
Granite Construction Incorporated (GVA) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 3.56% | 0.05% | -4.67% | -13.37% | 1.02% | 8.41% | 4.33% | 12% | 16.78% | 16.01% |
| Return on Invested Capital (ROIC) | 7.55% | 0.49% | -2.2% | -10.4% | 1.93% | 6.39% | 5.06% | 11.61% | 10.78% | 10.78% |
| Gross Margin | 10.53% | 11.73% | 6.51% | 9.68% | 10.36% | 11.19% | 11.3% | 14.29% | 16.07% | 15.9% |
| Net Margin | 1.14% | 0.02% | -2.07% | -4.07% | 0.29% | 2.52% | 1.24% | 3.15% | 4.36% | 3.99% |
| Debt / Equity | 0.23x | 0.27x | 0.36x | 0.38x | 0.37x | 0.34x | 0.72x | 0.77x | 1.33x | 1.33x |
| Interest Coverage | 7.32x | 4.26x | -1.23x | -5.88x | 2.07x | 8.27x | 4.24x | 7.72x | 5.55x | 5.49x |
| FCF Conversion | 4.29x | 148.44x | -1.85x | -1.85x | 2.17x | 0.67x | 4.21x | 3.61x | 2.43x | 1.94x |
| Revenue Growth | 18.89% | 10.99% | -12.16% | 22.22% | -1.7% | -5.73% | 6.3% | 14.2% | 10.4% | 14.93% |
GVA SEC Filings & Documents
Granite Construction Incorporated (GVA) SEC filings — annual & quarterly reports (10-K, 10-Q)
GVA Frequently Asked Questions
Granite Construction Incorporated (GVA) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Granite Construction Incorporated (GVA) reported $4.64B in revenue for fiscal year 2025. This represents a 399% increase from $928.8M in 1996.
Granite Construction Incorporated (GVA) grew revenue by 10.4% over the past year. This is steady growth.
Yes, Granite Construction Incorporated (GVA) is profitable, generating $185.0M in net income for fiscal year 2025 (4.4% net margin).
Dividend & Returns
Yes, Granite Construction Incorporated (GVA) pays a dividend with a yield of 0.30%. This makes it attractive for income-focused investors.
Granite Construction Incorporated (GVA) has a return on equity (ROE) of 16.8%. This is reasonable for most industries.
Granite Construction Incorporated (GVA) generated $359.2M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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