Granite Construction Inc
GVA NYSE· Heavy Construction Other Than Bldg Const - Contractors
Last close · Oct 23, 2026
$106.45
KIRA · Stoqly’s AI analyst, in plain words
- Granite Construction Inc had $4.4B of revenue in fiscal 2025, up 10.4% on the year before. Over five years, revenue changed +4.4% a year on average.
- Its operating margin was 6.4%, up 1.2 pts: of every 100 in sales, about 6 is left after running the business.
- Granite Construction Inc made $193M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 11.8% a year.
- Free cash flow was $331M in fiscal 2025, 7.5% of revenue.
- Granite Construction Inc returned $70.9M to shareholders in fiscal 2025, 21% of free cash flow. The diluted share count rose 1.2%.
- Granite Construction Inc owes $739M more than it holds in cash, about 1.7 years of operating profit.
Market cap
$4.7B
P/E
—
Revenue
$4.4B
Net income
$193M
Free cash flow
$331M
Operating margin
6.4%
Granite Construction Inc in 30 seconds · fiscal 2025
Are sales growing?
+10.4%
Yes. Sales grew 10.4% last year.
Does it make a profit?
4.4%
A little. It keeps 4.4% of every sale as profit.
Does profit turn into cash?
7.5%
Partly. 7.5% of sales ends up as free cash.
Is debt under control?
1.7x
Keep an eye on it. Repaying its debt would take 1.7 years of operating profit.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Granite Construction Inc does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 13, 2026
- Legal name
- GRANITE CONSTRUCTION INC
- CIK
- 0000861459
Granite Construction Inc · GVA
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $3.5B | $3.3B | $3.5B | $4.0B | $4.4B |
| Revenue growth | −1.7% | −5.7% | 6.3% | 14.2% | 10.4% |
| Gross margin | 10.4% | 11.2% | 11.3% | 14.3% | 16.1% |
| Operating margin | 0.7% | 2.6% | 2.3% | 5.2% | 6.4% |
| Net income | $10.1M | $83.3M | $43.6M | $126M | $193M |
| Net margin | 0.3% | 2.5% | 1.2% | 3.2% | 4.4% |
| Diluted EPS | $0.21 | $1.70 | $0.97 | $2.62 | $3.86 |
| Cash | |||||
| Cash from operations | $21.9M | $55.6M | $184M | $456M | $469M |
| Capital expenditure | $94.8M | $122M | $140M | $136M | $138M |
| Free cash flow | −$72.9M | −$66.0M | $43.3M | $320M | $331M |
| FCF margin | −2.1% | −2.0% | 1.2% | 8.0% | 7.5% |
| Dividends paid | $23.8M | $23.3M | $22.8M | $22.8M | $22.7M |
| Share buybacks | $2.7M | $70.9M | $4.1M | $50.6M | $48.2M |
| Share count change | 4.4% | 9.9% | 0.5% | −0.1% | 1.2% |
| Debt and strength | |||||
| Cash and short-term investments | $396M | $333M | $454M | $586M | $600M |
| Debt incl. finance leases | $340M | $288M | $655M | $739M | $1.3B |
| Shareholders' equity | $968M | $953M | $977M | $1.0B | $1.2B |
| Net debt / EBITDA | −0.4x | −0.3x | 1.2x | 0.5x | 1.7x |
| Current ratio | 1.7x | 1.7x | 1.6x | 1.7x | 1.2x |
| Interest coverage | 1.2x | 6.8x | 4.3x | 7.1x | 6.0x |
| Returns and quality | |||||
| Return on capital | 1.8% | 8.1% | 4.4% | 12.7% | 11.2% |
| Return on equity | 1.0% | 8.7% | 4.5% | 12.7% | 17.6% |
| Return on tangible equity | 1.1% | 9.6% | 6.2% | 18.8% | 32.2% |
| Piotroski F-score | 7 | 6 | 4 | 8 | 5 |
| Altman Z'' | 3.3 | 3.5 | 2.8 | 3.1 | 2.1 |
Insiders bought, 12 months
$0.2M
2 insiders
Insiders sold, 12 months
$9.7M
6 insiders
Of sales under plans
69%
$6.7M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Granite Construction Inc · GVA
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $106.45 a share, the company is worth $4.7B.
Source: SEC EDGAR XBRL filings (CIK 0000861459). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.