GVA
Granite Construction Incorporated
NYSE: GVA · INDUSTRIALS · ENGINEERING & CONSTRUCTION
$122.55
-1.79% today
Updated 2026-04-29
Market cap
$5.36B
P/E ratio
31.75
P/S ratio
1.21x
EPS (TTM)
$3.86
Dividend yield
0.42%
52W range
$78 – $138
Volume
0.6M
Granite Construction Incorporated (GVA) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.97B | $2.74B | $2.67B | $1.96B | $1.76B | $2.01B | $2.08B | $2.27B | $2.28B | $2.37B | $2.51B | $2.99B | $3.32B | $3.32B | $3.56B | $3.50B | $3.30B | $3.51B | $4.01B | $4.42B |
| Revenue growth (YoY) | — | -7.8% | -2.3% | -26.6% | -10.2% | +14.0% | +3.7% | +8.8% | +0.4% | +4.2% | +6.1% | +18.9% | +11.0% | +0.0% | +7.4% | -1.7% | -5.7% | +6.3% | +14.2% | +10.4% |
| Cost of revenue | $2.67B | $2.33B | $2.21B | $1.62B | $1.59B | $1.76B | $1.85B | $2.08B | $2.02B | $2.07B | $2.21B | $2.67B | $2.93B | $2.93B | $3.22B | $3.14B | $2.93B | $3.11B | $3.43B | $3.71B |
| Gross profit | $295.72M | $410.74M | $468.72M | $346.37M | $177.78M | $247.96M | $234.76M | $185.26M | $250.31M | $303.36M | $301.37M | $314.93M | $389.19M | $389.19M | $344.79M | $362.64M | $369.49M | $396.40M | $572.70M | $711.22M |
| Gross margin | 10.0% | 15.0% | 17.5% | 17.6% | 10.1% | 12.3% | 11.3% | 8.2% | 11.0% | 12.8% | 12.0% | 10.5% | 11.7% | 11.7% | 9.7% | 10.4% | 11.2% | 11.3% | 14.3% | 16.1% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $204.28M | $246.20M | $257.53M | $224.91M | $191.59M | $119.89M | $185.10M | $184.96M | $182.97M | $207.34M | $207.25M | $212.71M | $258.82M | $272.78M | $306.62M | $298.38M | $272.61M | $288.50M | $334.16M | $407.56M |
| Operating income | $88.64M | $174.88M | $216.69M | $129.18M | $-109.34M | $99.27M | $80.83M | $-54.69M | $65.10M | $110.31M | $92.35M | $98.72M | $8.22M | $64.04M | $-158.34M | $24.72M | $85.38M | $80.06M | $207.36M | $282.45M |
| Operating margin | 3.0% | 6.4% | 8.1% | 6.6% | -6.2% | 4.9% | 3.9% | -2.4% | 2.9% | 4.7% | 3.7% | 3.3% | 0.2% | 1.9% | -4.4% | 0.7% | 2.6% | 2.3% | 5.2% | 6.4% |
| EBITDA | $157.82M | $286.92M | $336.93M | $234.80M | $-22.20M | $157.79M | $147.73M | $23.26M | $138.01M | $181.99M | $171.33M | $145.42M | $173.61M | $187.46M | $-29.30M | $151.92M | $187.01M | $170.59M | $351.71M | $424.67M |
| EBITDA margin | 5.3% | 10.5% | 12.6% | 12.0% | -1.3% | 7.9% | 7.1% | 1.0% | 6.1% | 7.7% | 6.8% | 4.9% | 5.2% | 5.6% | -0.8% | 4.3% | 5.7% | 4.9% | 8.8% | 9.6% |
| EBIT | $88.64M | $204.76M | $249.62M | $154.61M | $-96.64M | $97.25M | $91.63M | $-49.64M | $69.76M | $117.68M | $108.33M | $79.07M | $62.06M | $64.04M | $-142.26M | $42.87M | $104.44M | $78.32M | $225.38M | $262.24M |
| Interest expense | $0.00 | $6.37M | $16.00M | $15.76M | $9.74M | $10.36M | $10.60M | $14.39M | $14.16M | $14.26M | $12.37M | $10.80M | $14.57M | $18.37M | $24.20M | $20.74M | $12.62M | $18.46M | $29.19M | $47.22M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $80.51M | $112.06M | $122.40M | $73.50M | $-58.98M | $51.16M | $45.28M | $-36.42M | $25.35M | $60.48M | $57.12M | $34.12M | $582000.00 | $53.74M | $-145.12M | $10.10M | $83.30M | $43.60M | $126.35M | $193.00M |
| Net income growth (YoY) | — | +39.2% | +9.2% | -40.0% | -180.2% | +186.7% | -11.5% | -180.4% | +169.6% | +138.6% | -5.6% | -40.3% | -98.3% | +9133.8% | -370.0% | +107.0% | +725.1% | -47.7% | +189.8% | +52.8% |
| Profit margin | 2.7% | 4.1% | 4.6% | 3.7% | -3.3% | 2.5% | 2.2% | -1.6% | 1.1% | 2.6% | 2.3% | 1.1% | 0.0% | 1.6% | -4.1% | 0.3% | 2.5% | 1.2% | 3.2% | 4.4% |