GRANITE CONSTRUCTION INC financials
Source: EDGAR filings · Built 2026-06-02T03:10:58Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 330.65M | 319.94M | 43.32M | -65.97M | -72.88M | 175.21M |
| EBITDA | 444.88M | 333.69M | 172.33M | 167.95M | 133.77M | -45.39M |
| Working Capital | 330.49M | 684.70M | 613.57M | 549.70M | 758.08M | 511.99M |
| Net Debt | 968.37M | 254.52M | 317.42M | 45.22M | -3.77M | -20.74M |
| Gross Margin | 16.07% | 14.29% | 11.30% | 11.19% | 10.36% | 9.68% |
| Operating Margin | 6.38% | 5.17% | 2.28% | 2.59% | 0.71% | -4.44% |
| Net Margin | 4.36% | 3.15% | 1.24% | 2.52% | 0.29% | -4.07% |
| Return on Equity (ROE) | 16.37% | 12.45% | 4.46% | 8.74% | 1.04% | -14.87% |
| Return on Assets (ROA) | 4.79% | 4.18% | 1.55% | 3.84% | 0.40% | -6.10% |
| Current Ratio | 1.22× | 1.66× | 1.60× | 1.69× | 1.71× | 1.54× |
| Debt-to-Equity | 1.27× | 0.82× | 0.75× | 0.36× | 0.41× | 0.41× |
| Effective Tax Rate | 23.71% | 28.42% | 50.57% | 14.12% | 89.09% | 0.17% |
| Cash Conversion Ratio | 2.43× | 3.61× | 4.21× | 0.67× | 2.17× | -1.85× |
| Accruals Ratio | -0.07× | -0.11× | -0.05× | 0.01× | -0.00× | -0.17× |
| SBC % of Revenue | 0.88% | 0.49% | 0.30% | 0.24% | 0.18% | 0.18% |
| CapEx Coverage | 3.39× | 3.35× | 1.31× | 0.46× | 0.23× | 2.88× |
| Free Cash Flow Per Share | $6.22 | $6.09 | $0.82 | $-1.26 | $-1.53 | $3.84 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 29.88× | 33.48× | 52.43× | 20.63× | 184.29× | — |
| P/FCF | 18.54× | 14.40× | 61.71× | — | — | 6.95× |
| FCF Yield | 5.39% | 6.95% | 1.62% | — | — | 14.38% |
| EV / EBITDA | 13.45× | 12.18× | 14.81× | 9.40× | 13.23× | — |
| P/S | 1.13× | 0.95× | 0.64× | 0.46× | 0.51× | 0.34× |
| P/B | 4.26× | 3.75× | 2.29× | 1.61× | 1.83× | 1.25× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 4.42B | 4.01B | 3.51B | 3.30B | 3.50B | 3.56B |
| Cost of Goods and Services Sold | 3.71B | 3.43B | 3.11B | 2.93B | 3.14B | 3.22B |
| Gross Profit | 711.22M | 572.70M | 396.40M | 369.49M | 362.64M | 344.79M |
| Selling, General and Administrative Expense | 407.56M | 334.16M | 294.47M | 272.61M | 303.01M | 316.28M |
| Operating Income (Loss) | 282.45M | 207.36M | 80.06M | 85.38M | 24.72M | -158.34M |
| Income Tax Expense (Benefit) | 68.48M | 55.75M | 30.27M | 12.96M | 19.71M | -282.00K |
| Net Income (Loss) Attributable to Parent | 193.00M | 126.35M | 43.60M | 83.30M | 10.10M | -145.12M |
| Earnings Per Share, Basic | $4.42 | $2.88 | $0.99 | $1.87 | $0.22 | $-3.18 |
| Weighted Average Number of Shares Outstanding, Basic | 43.65M | 43.85M | 43.88M | 44.48M | 45.79M | 45.61M |
| Earnings Per Share, Diluted | $3.86 | $2.62 | $0.97 | $1.70 | $0.21 | $-3.18 |
| Weighted Average Number of Shares Outstanding, Diluted | 53.13M | 52.51M | 52.56M | 52.33M | 47.60M | 45.61M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 529.22M | 578.33M | 417.66M | 293.99M | 395.65M | 425.29M |
| Assets, Current | 1.81B | 1.72B | 1.64B | 1.35B | 1.83B | 1.46B |
| Assets | 4.03B | 3.03B | 2.81B | 2.17B | 2.49B | 2.38B |
| Long-term Debt | 1.34B | 739.05M | 654.71M | 288.38M | 339.92M | 338.80M |
| Liabilities, Current | 1.48B | 1.03B | 1.03B | 797.59M | 1.07B | 943.26M |
| Long-term Debt, Excluding Current Maturities | 963.23M | 737.94M | 614.78M | 286.93M | 331.19M | 330.52M |
| Stockholders' Equity Attributable to Parent | 1.18B | 1.02B | 977.30M | 953.02M | 967.68M | 975.66M |
| Common Stock, Shares, Outstanding | 43.50M | 43.42M | 43.94M | 43.74M | 45.84M | 45.67M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 468.92M | 456.34M | 183.71M | 55.65M | 21.93M | 268.46M |
| Payments to Acquire Property, Plant, and Equipment | 138.27M | 136.41M | 140.38M | 121.61M | 94.81M | 93.25M |
| Net Cash Provided by (Used in) Investing Activities | -993.72M | -228.56M | -359.29M | -11.00M | -21.48M | -41.26M |
| Payments for Repurchase of Common Stock | 48.21M | 50.63M | 4.12M | 70.90M | 2.73M | 885.00K |
| Net Cash Provided by (Used in) Financing Activities | 475.69M | -67.12M | 299.25M | -164.31M | -24.45M | -57.66M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -57.01M | 128.76M | 201.88M | -55.58M | -28.56M | 144.56M |
| EBITDA | 10.88M | 123.80M | — | — | -9.58M | 94.59M |
| Working Capital | 125.86M | 330.49M | 345.79M | 615.46M | 545.64M | 684.70M |
| Net Debt | 1.13B | 968.37M | 1.05B | 522.38M | 459.43M | 254.52M |
| Gross Margin | 12.04% | 14.39% | 18.18% | 17.68% | 11.99% | 15.43% |
| Operating Margin | -3.41% | 6.43% | 10.02% | 9.20% | -5.68% | 6.20% |
| Net Margin | -4.57% | 4.46% | 7.18% | 6.37% | -4.81% | 4.24% |
| Return on Equity (ROE) | -4.04% | 4.41% | 8.91% | 6.75% | -3.39% | 4.09% |
| Return on Assets (ROA) | -1.10% | 1.29% | 2.48% | 2.31% | -1.16% | 1.37% |
| Current Ratio | 1.09× | 1.22× | 1.21× | 1.57× | 1.57× | 1.66× |
| Debt-to-Equity | 1.35× | 1.27× | 1.29× | 0.79× | 0.84× | 0.82× |
| Effective Tax Rate | 24.98% | 20.17% | 25.85% | 25.30% | 29.33% | 28.89% |
| Cash Conversion Ratio | 0.74× | 3.45× | 2.81× | 0.08× | -0.11× | 4.17× |
| Accruals Ratio | -0.00× | -0.03× | -0.04× | 0.02× | -0.01× | -0.04× |
| SBC % of Revenue | 4.51% | 0.20% | 2.57% | 3.08% | 4.61% | 0.23% |
| CapEx Coverage | -1.18× | 3.55× | 3.30× | 0.09× | 0.11× | 6.12× |
| Free Cash Flow Per Share | $-1.31 | $2.42 | $3.77 | $-1.05 | $-0.66 | $2.75 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 34.55× | 31.52× | 31.69× | 30.66× | 31.55× | 35.65× |
| P/S | 1.13× | 1.13× | 1.13× | 1.00× | 0.82× | 0.95× |
| P/B | 5.08× | 4.26× | 4.15× | 3.85× | 3.32× | 3.75× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 912.47M | 1.17B | 1.43B | 1.13B | 699.55M | 977.30M |
| Cost of Goods and Services Sold | 802.56M | 997.65M | 1.17B | 926.87M | 615.70M | 826.55M |
| Gross Profit | 109.91M | 167.72M | 260.55M | 199.10M | 83.85M | 150.75M |
| Selling, General and Administrative Expense | 140.95M | 104.12M | 101.64M | 85.89M | 115.91M | 84.47M |
| Operating Income (Loss) | -31.13M | 74.98M | 143.65M | 103.56M | -39.75M | 60.54M |
| Income Tax Expense (Benefit) | -12.12M | 14.89M | 38.13M | 27.21M | -11.76M | 19.11M |
| Net Income (Loss) Attributable to Parent | -41.70M | 52.03M | 102.93M | 71.70M | -33.66M | 41.48M |
| Earnings Per Share, Basic | $-0.96 | $1.19 | $2.35 | $1.64 | $-0.77 | $0.95 |
| Weighted Average Number of Shares Outstanding, Basic | 43.53M | 43.65M | 43.78M | 43.75M | 43.46M | 43.85M |
| Earnings Per Share, Diluted | $-0.96 | $1.03 | $1.98 | $1.42 | $-0.77 | $0.83 |
| Weighted Average Number of Shares Outstanding, Diluted | 43.53M | 53.13M | 53.56M | 52.76M | 43.46M | 52.51M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 265.71M | 529.22M | 441.80M | 322.02M | 379.07M | 578.33M |
| Assets, Current | 1.60B | 1.81B | 1.98B | 1.69B | 1.50B | 1.72B |
| Assets | 3.78B | 4.03B | 4.15B | 3.11B | 2.91B | 3.03B |
| Long-term Debt | 1.24B | 1.34B | 1.34B | 740.38M | 739.71M | 739.05M |
| Liabilities, Current | 1.48B | 1.48B | 1.63B | 1.08B | 953.64M | 1.03B |
| Long-term Debt, Excluding Current Maturities | 861.19M | 963.23M | 966.35M | 733.04M | 738.60M | 737.94M |
| Stockholders' Equity Attributable to Parent | 1.03B | 1.18B | 1.16B | 1.06B | 993.53M | 1.02B |
| Common Stock, Shares, Outstanding | 43.75M | 43.50M | 43.74M | 43.78M | 43.74M | 43.42M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -30.87M | 179.30M | 289.61M | 5.44M | 3.65M | 172.79M |
| Payments to Acquire Property, Plant, and Equipment | 26.14M | 50.54M | 87.73M | 61.02M | 32.21M | 28.24M |
| Net Cash Provided by (Used in) Investing Activities | 22.50M | -45.93M | -947.79M | -207.25M | -156.31M | -17.45M |
| Payments for Repurchase of Common Stock | 18.44M | 26.61M | 21.60M | 15.32M | 15.21M | 29.25M |
| Net Cash Provided by (Used in) Financing Activities | -255.13M | -45.96M | 521.65M | -54.50M | -46.59M | -39.30M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (GVA CIK 0000861459),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.