Granite Construction
GVA
114.67
-6.25
-5.17%
Granite Construction
US · GVA
#2060 by market cap
Listed 1970
114.67
-6.25
-5.17%
Live - 5344 symbols - heartbeat 311s ago
· 2026-10-08 07:47
Pre-market
114.44
-0.20%
After-hours
114.67
0.00%
- Market cap
- 5.09B
- P/E (TTM)i
- -26.61
- P/Bi
- 6.77
- EPSi
- 3.86
- Div yieldi
- 0.45%
- 52W posi
- 27%
Reader sentiment
Are you bullish or bearish on GVA?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Fair
- Altman Z-Score is 2.77, in the 1.8-3.0 "grey zone".
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +10.40% YoY
Margins
- Gross margin
- 16.07%
- Operating margin
- 5.93%
- Net margin
- 4.36%
Key ratios & quality
- Enterprise valuei
- 5.73B
- Altman Z-Scorei
- 2.77
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.29B | 2.91B | 3.56B | 3.50B | 3.30B | 3.51B | 4.01B | 4.42B |
| Gross profit | 334.84M | 189.79M | 344.79M | 362.65M | 369.49M | 396.40M | 572.70M | 711.22M |
| Selling & admin expenses | 272.78M | 238.15M | 316.28M | 303.02M | 272.61M | 294.47M | 334.16M | 407.56M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 62.06M | -55.10M | -8.59M | -41.72M | 72.76M | 51.72M | 198.60M | 262.24M |
| Pretax profit | 8.33M | -40.22M | -166.46M | 22.13M | 91.82M | 59.85M | 196.19M | 288.83M |
| Tax | -3.21M | -12.29M | -282.00K | 19.71M | 12.96M | 30.27M | 55.75M | 68.48M |
| Net profit | 11.54M | -56.70M | -166.18M | 2.41M | 78.86M | 29.59M | 140.44M | 220.35M |
| Basic EPS | 0 | -1 | -3 | 0 | 2 | 1 | 3 | 4 |
| Diluted EPS | 0.01 | -1.29 | -3.18 | 0.21 | 1.70 | 0.97 | 2.62 | 3.86 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 699.55M | 1.13B | 1.43B | 1.17B | 912.47M | 1.46B |
| Gross profit | 83.85M | 199.10M | 260.55M | 167.72M | 109.91M | 238.77M |
| Selling & admin expenses | 115.91M | 85.89M | 101.65M | 104.12M | 140.95M | 107.79M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | -41.49M | 99.96M | 142.88M | 60.88M | -34.08M | 125.57M |
| Pretax profit | -40.08M | 107.56M | 147.53M | 73.83M | -48.51M | -239.34M |
| Tax | -11.76M | 27.21M | 38.13M | 14.89M | -12.12M | 32.25M |
| Net profit | -28.33M | 80.35M | 109.40M | 58.94M | -36.39M | -271.58M |
| Basic EPS | -1 | 2 | 2 | 1 | -1 | -6 |
| Diluted EPS | -0.77 | 1.42 | 1.98 | 1.03 | -0.96 | -6.36 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 1.34B | 1.38B | 1.46B | 1.83B | 1.35B | 1.64B | 1.72B | 1.81B |
| Cash & ST investments | 534.17M | 483.18M | 614.09M | 585.56M | 517.17M | 624.76M | 726.57M | 734.91M |
| Inventory | 88.62M | 88.89M | 62.47M | 61.97M | 86.81M | 103.90M | 108.18M | 143.13M |
| Total assets | 2.43B | 2.50B | 2.38B | 2.49B | 2.17B | 2.81B | 3.03B | 4.03B |
| Total current liabilities | 737.44M | 842.06M | 943.26M | 1.07B | 797.59M | 1.03B | 1.03B | 1.48B |
| Short-term debt | 47.29M | 8.24M | 8.28M | 8.73M | 20.11M | 56.76M | 21.27M | 408.62M |
| Long-term debt | 335.12M | 356.11M | 330.52M | 331.19M | 286.93M | 614.78M | 737.94M | 963.23M |
| Total liabilities | 1,137,796,000.00 | 1,323,672,000.00 | 1,388,386,000.00 | 1,499,364,000.00 | 1,182,788,000.00 | 1,786,574,000.00 | 1,946,292,000.00 | 2,808,860,000.00 |
| Total equity | 1.29B | 1.18B | 991.61M | 995.56M | 985.15M | 1.03B | 1.08B | 1.22B |
| Retained earnings | 679.45M | 594.35M | 424.84M | 410.83M | 481.38M | 501.84M | 604.64M | 774.64M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 1.50B | 1.69B | 1.98B | 1.81B | 1.60B | 2.45B |
| Cash & ST investments | 574.28M | 538.76M | 701.39M | 734.91M | 441.76M | 1.05B |
| Inventory | 128.43M | 126.48M | 145.24M | 143.13M | 168.79M | 182.12M |
| Total assets | 2.91B | 3.11B | 4.15B | 4.03B | 3.78B | 4.78B |
| Total current liabilities | 953.64M | 1.08B | 1.63B | 1.48B | 1.48B | 2.42B |
| Short-term debt | 22.18M | 29.89M | 404.04M | 408.62M | 412.05M | 417.04M |
| Long-term debt | 738.60M | 733.04M | 966.35M | 963.23M | 861.19M | 1.18B |
| Total liabilities | 1,868,808,000.00 | 1,991,636,000.00 | 2,940,339,000.00 | 2,808,860,000.00 | 2,698,599,000.00 | 3,973,540,000.00 |
| Total equity | 1.04B | 1.11B | 1.20B | 1.22B | 1.08B | 805.34M |
| Retained earnings | 565.22M | 631.16M | 728.33M | 774.64M | 727.19M | 443.27M |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 86.39M | 111.44M | 268.46M | 21.93M | 55.65M | 183.71M | 456.34M | 468.92M |
| Depreciation & amortization | 111.54M | 121.99M | 112.96M | 109.05M | 82.57M | 92.27M | 126.33M | 162.43M |
| Free cash flow | -24.71M | 4.61M | 175.21M | -72.88M | -65.97M | 43.32M | 319.94M | 330.65M |
| Dividends paid | -22.42M | -24.32M | -23.71M | -23.80M | -23.27M | -22.81M | -22.81M | -22.72M |
| Stock buybacks / issuance | -16.56M | -36.90M | -885.00K | -2.73M | -70.90M | -4.12M | -50.63M | -48.21M |
| Ending cash balance | 278.63M | 268.11M | 437.65M | 413.66M | 293.99M | 417.66M | 578.33M | 529.22M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 3.65M | 1.79M | 284.17M | 179.30M | -30.87M | 172.42M |
| Depreciation & amortization | 30.17M | 35.20M | 48.25M | 48.82M | 42.01M | 47.04M |
| Free cash flow | -28.56M | -27.03M | 257.47M | 128.76M | -57.01M | 142.69M |
| Dividends paid | -5.65M | -5.69M | -5.69M | -5.69M | -5.66M | -5.69M |
| Stock buybacks / issuance | -15.21M | -108.00K | -6.28M | -26.61M | -18.44M | -228.00K |
| Ending cash balance | 379.07M | 322.02M | 441.80M | 529.22M | 265.71M | 877.12M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 3.69 | -4.83 | -13.71 | 1.04 | 8.67 | 4.52 | 12.68 | 17.59 |
| ROA %i | 1.95 | -2.42 | -5.94 | 0.41 | 3.57 | 1.75 | 4.33 | 5.47 |
| ROIC %i | 3.41 | -3.16 | -8.48 | 1.98 | 6.77 | 2.97 | 7.29 | 9.22 |
| 5-year avg ROE %i | 4.20 | 2.55 | -1.67 | -2.79 | -1.80 | -0.91 | 2.64 | 8.90 |
| EBIT margin %i | 2.37 | -1.70 | -3.99 | 0.36 | 3.16 | 2.23 | 5.62 | 7.60 |
| FCF / sales %i | -- | 0.13 | 4.92 | -- | -- | 1.23 | 7.98 | 7.47 |
| Current ratioi | 1.82 | 1.64 | 1.54 | 1.71 | 1.69 | 1.60 | 1.66 | 1.22 |
| Quick ratioi | 1.63 | 1.48 | 1.25 | 1.12 | 1.53 | 1.44 | 1.52 | 1.08 |
| Debt / assetsi | 15.76 | 16.90 | 15.91 | 14.94 | 15.65 | 26.13 | 27.53 | 37.16 |
| LT debt / equityi | 26.94 | 36.33 | 37.96 | 37.63 | 33.48 | 69.41 | 79.94 | 92.36 |
| Interest coveragei | 5.40 | -3.19 | -5.88 | 0.53 | 8.27 | 4.24 | 7.72 | 7.12 |
| Revenue CAGR (3Y) %i | 11.50 | 5.05 | 6.39 | 2.13 | 4.24 | -0.50 | 4.60 | 10.25 |
| Net income CAGR (3Y) %i | -78.73 | -- | -- | 158.87 | -- | -- | 132.17 | 32.32 |
| FCF CAGR (3Y) %i | -- | -- | 30.69 | -- | -- | -37.23 | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 12.75 | 15.89 | 16.87 | 17.59 | 18.26 | -18.17 |
| ROA %i | 4.50 | 5.29 | 5.02 | 5.47 | 5.53 | -4.18 |
| ROIC %i | 7.46 | 8.88 | 8.54 | 9.22 | 9.73 | -6.31 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 5.55 | 6.73 | 7.51 | 7.60 | 7.25 | 0.06 |
| FCF / sales %i | 7.32 | 7.58 | 8.18 | 7.47 | 6.52 | 9.50 |
| Current ratioi | 1.57 | 1.57 | 1.21 | 1.22 | 1.09 | 1.01 |
| Quick ratioi | 1.38 | 1.42 | 1.10 | 1.08 | 0.92 | 0.92 |
| Debt / assetsi | 28.84 | 27.19 | 36.10 | 37.16 | 36.93 | 36.25 |
| LT debt / equityi | 82.16 | 76.64 | 94.50 | 92.36 | 95.33 | 174.75 |
| Interest coveragei | 7.76 | 8.73 | 8.62 | 7.12 | 6.03 | 0.05 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Construction is the largest reported line at 82.94% of revenue, across 3 reported segments.
- The next-largest line, Materials, is a distant second at 25.06% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Construction82.94%
Materials25.06%
Quote time 2026-10-08 07:47:35 · For reference only, not investment advice and not tailored to your situation.