Granite Construction Incorporated logo GVA - Granite Construction Incorporated

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 9
HOLD 5
SELL 0
STRONG
SELL
0
| PRICE TARGET: $143.50 DETAILS
HIGH: $155.00
LOW: $132.00
MEDIAN: $143.50
CONSENSUS: $143.50
UPSIDE: 10.43%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 4,424.4 4,007.6 3,509.1 3,301.3 3,501.9 3,562.5 2,914.9 3,318.4 2,989.7 2,514.6 2,371.0 2,275.3 2,266.9 2,083.0 2,009.5 1,763.0 1,963.5 2,674.2 2,737.9 2,969.6 2,641.4 2,136.2 1,844.5 1,764.7 1,548.0 1,348.3 1,328.8 1,226.1 1,028.2 928.8 894.8 693.4 570.4
Cost of Revenue 3,713.2 3,434.9 3,112.7 2,931.8 3,139.2 3,217.7 2,725.1 2,929.2 2,674.8 2,213.2 2,067.7 2,025.0 2,081.6 1,848.3 1,761.6 1,585.2 1,617.1 2,205.5 2,327.2 2,673.9 2,322.0 1,914.2 1,618.0 1,540.2 1,364.4 1,107.2 1,107.2 1,034.9 878.3 780.4 750.3 577.7 494.2
Gross Profit 711.2 572.7 396.4 369.5 362.6 344.8 189.8 389.2 314.9 301.4 303.4 250.3 185.3 234.8 248.0 177.8 346.4 468.7 410.7 295.7 319.4 222.0 226.4 224.6 183.6 241.1 221.6 191.2 149.9 148.4 144.5 115.7 76.2
Operating Expenses
R&D Expenses 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
SG&A Expenses 407.6 334.2 294.5 272.6 303.0 316.3 238.1 272.8 220.4 217.4 203.8 193.3 191.9 185.1 162.3 191.6 228.0 257.5 246.2 204.3 183.4 157.0 151.9 146.5 119.3 105.0 94.9 83.8 73.6 71.6 69.6 62.8 47.1
Other Expenses 41.4 31.2 21.9 24.1 34.9 186.8 (6.6) 1.7 (4.2) (8.4) 2.0 1.9 2.0 0 0 (13.7) 0 (5.5) (18.1) 2.8 0 (18.6) 0 0 0 50.5 42.4 38.1 38.2 37.8 32.5 25.7 25.4
Operating Expenses 449.0 365.3 316.3 296.7 337.9 503.1 231.5 272.8 216.2 209.0 207.3 203.8 199.9 177.0 162.3 177.8 224.9 252.0 228.1 207.1 183.4 138.5 151.9 146.5 119.3 155.6 137.3 121.9 111.8 109.4 102.1 88.5 72.5
Operating Income
Operating Income 262.2 207.4 80.1 72.8 24.7 (158.3) (41.7) 8.2 98.7 92.4 110.3 65.1 (54.7) 80.8 99.3 (109.3) 129.2 216.7 174.9 88.6 136.0 83.6 74.6 78.1 64.3 85.6 84.3 69.3 38.1 39 42.4 27.2 3.7
Interest Expense 47.2 29.2 18.5 12.6 20.7 24.2 18.1 14.6 10.8 12.4 14.3 14.2 14.4 10.6 10.4 9.7 15.8 16.0 6.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 26.9 24.3 17.5 6.5 1.2 3.1 7.3 6.1 4.7 3.2 2.1 1.9 1.8 2.6 2.9 5.0 5.0 18.4 26.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 424.7 351.7 170.6 187.0 151.9 (29.3) 99.8 173.6 145.4 171.3 182.0 138.0 23.3 147.7 157.8 (22.2) 234.8 336.9 286.9 157.8 206.7 152.0 150.9 144.7 119.3 136.1 126.7 107.4 76.3 76.8 74.9 52.9 29.1
EBIT 262.2 225.4 78.3 104.4 42.9 (142.3) (22.2) 62.1 79.1 108.3 117.7 69.8 (49.6) 91.6 99.8 (96.6) 154.6 249.4 204.8 88.6 134.9 83.6 79.3 80.2 64.3 85.6 84.3 69.3 38.1 39 42.4 27.2 3.7
Income Before Tax 288.8 196.2 59.9 91.8 22.1 (166.5) (40.2) 8.3 104.5 96.4 103.4 55.6 (64.0) 81.0 89.4 (106.4) 138.9 233.4 198.4 113.0 142.3 94.9 97.5 82.7 81.5 92.9 86 75 44.1 43.4 45.3 30.5 5.2
Income Tax Expense 68.5 55.7 30.3 13.0 19.7 (0.3) (12.3) 10.4 28.7 30.2 35.2 19.7 (19.3) 21.1 23.3 (43.9) 38.6 67.7 65.5 38.7 41.4 28.5 35.3 30.0 31.0 37.1 33.1 28.5 16.3 16.1 16.8 11 1.7
Net Income 193.0 126.3 43.6 83.3 10.1 (145.1) (60.2) 0.6 34.1 57.1 60.5 25.3 (36.4) 45.3 51.2 (59.0) 73.5 122.4 112.1 80.5 83.2 57.0 60.5 49.3 50.5 55.8 52.9 46.5 27.8 27.3 28.5 19.5 4.5
Per Share Data
EPS (Basic) 4.42 2.88 0.99 1.87 0.22 -3.18 -1.29 0.97 0.86 1.44 1.54 0.65 -0.94 1.17 1.32 -1.56 1.91 3.19 2.74 1.97 2.05 1.41 1.51 1.23 1.27 1.41 1.35 1.17 0.70 0.70 0.73 0.50 0.12
EPS (Diluted) 3.63 2.62 0.83 1.70 0.22 -3.18 -1.29 0.96 0.84 1.42 1.52 0.64 -0.94 1.15 1.31 -1.56 1.90 3.18 2.71 1.94 2.02 1.39 1.48 1.21 1.24 1.38 1.31 1.13 0.69 0.68 0.72 0.49 0.12
Shares Outstanding 43.6 43.8 43.9 44.5 45.8 45.6 46.6 43.6 39.8 39.6 39.3 39.1 38.7 38.4 38.1 37.8 37.6 37.6 40.9 40.9 40.6 40.4 40.2 40.0 39.8 39.6 39.1 39.8 39.7 39 39.0 39 37.5
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 529.2 578.3 417.7 294.0 395.6 425.3 262.3 272.8 233.7 189.3 339.0 460.8 161.6 69.9 52.0 125.2 57.8 61.8 62.5 54.4 38.7 22.4 17.6 20.9
Short-Term Investments 71.0 148.2 207.1 223.2 189.9 188.8 220.9 312.2 315.6 312.1 42.4 38.3 102.2 90.9 96.9 68.1 43.0 46.2 0 0 0 0 0 0
Net Receivables 867.3 840.1 861.7 705.9 610.0 569.7 758.9 669 583.8 492.4 280.3 314.7 412.2 288.2 308.9 326.8 240.8 225.7 189.4 191.6 153.6 142.1 106.8 92.8
Inventory 143.1 108.2 103.9 86.8 62.0 62.5 88.9 88.6 62.5 55.2 45.8 55.2 31.7 29.9 30.0 19.7 16.7 12.8 12.8 12.3 13.5 10.2 9.5 8.7
Other Current Assets 201.6 41.8 53.1 37.4 569.9 209.0 46.0 280.1 284.3 287.1 299.3 233.4 117.5 139.8 60.1 47.1 53.3 55.8 106.1 56 58 83.6 64.9 53.4
Total Current Assets 1,812.2 1,716.7 1,643.5 1,347.3 1,827.4 1,455.2 1,376.9 1,340.5 1,232.1 1,089.0 1,006.7 1,102.6 825.3 618.7 547.9 586.9 411.6 402.3 370.8 314.3 263.8 258.3 198.8 175.8
Non-Current Assets
Property, Plant & Equipment 1,413.5 806.0 741.0 558.3 482.8 474.1 614.8 549.7 407.4 406.6 520.8 517.7 376.2 344.7 348.0 262.4 249.1 242.9 205.7 194.3 178.5 175.2 132 121.1
Goodwill 400.8 214.5 155.0 73.7 53.7 53.7 264.3 259.5 53.8 53.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 179.5 127.9 117.3 9.2 9.5 10.6 47.5 65.7 16.2 17.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 146.3 94.0 92.9 107.3 39.0 32.8 89.2 120.5 103.5 98.6 101.6 41.2 13.8 41.2 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets (37.1) 66.6 55.6 49.9 58.4 310.4 59.2 127.3 73.8 62.1 80.5 82.0 76.4 97.0 88.0 80.3 50.4 34.4 50.1 43.2 30.7 21.3 18.3 22.5
Total Non-Current Assets 2,218.2 1,309.0 1,170.1 820.6 667.5 924.8 1,125.1 1,061.2 639.9 644.5 702.9 640.9 452.6 441.8 435.9 342.8 299.5 277.3 255.8 237.5 209.2 196.5 150.3 143.6
Total Assets 4,030.4 3,025.7 2,813.5 2,167.9 2,494.9 2,380.0 2,502.1 2,476.6 1,872.0 1,733.5 1,709.6 1,743.5 1,278.0 1,060.4 983.8 929.7 711.1 679.6 626.6 551.8 473 454.8 349.1 319.4
Current Liabilities
Account Payables 430.3 407.2 408.4 334.4 324.3 321.3 400.8 256.8 237.7 199.0 131.3 174.6 191.8 135.5 118.8 129.5 90.1 95.7 88.2 80.8 64.1 68.1 44.7 38.3
Short-Term Debt 408.6 1.1 39.9 1.4 8.7 8.3 8.2 47.3 46.0 14.8 59.0 39.7 15.9 8.2 8.6 8.1 1.1 6 10.8 12.9 10.2 13.9 10.1 10.1
Deferred Revenue 327.4 299.7 243.8 173.3 200.0 162.9 95.7 0 135.1 97.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 170.1 163.9 215.5 112.7 219.5 220.6 124.4 295.1 168.2 91.0 269.6 357.2 221.7 104.3 105.7 115.0 140.3 157 129.4 116.7 97 99.1 78.5 62.8
Total Current Liabilities 1,481.7 1,032.0 1,029.9 797.6 1,069.3 943.3 842.1 737.4 655.3 529.9 506.1 626.6 469.4 348.7 327.5 338.5 231.6 258.7 228.4 210.4 171.3 181.1 133.3 111.2
Non-Current Liabilities
Long-Term Debt 1,089.0 737.9 614.8 286.9 331.2 330.5 356.1 335.1 178.5 229.5 244.7 250.7 148.5 126.7 132.4 131.4 63.9 64.9 69.1 58.4 43.6 39.5 17.2 28.6
Deferred Tax Liabilities 141.5 13.9 3.7 1.9 1.9 2.0 3.8 4.3 1.4 5.4 27.2 18.3 44.1 44.3 40.0 31.3 31.5 28.3 27.8 25.6 24.6 24.3 15.9 15.1
Other Non-Current Liabilities (29.1) 88.9 74.7 64.2 64.1 72.8 63.1 65.2 44.1 46.0 49.0 43.6 40.6 24.9 13.7 10.0 6.4 0 0 0 (0.1) 0 0 0.2
Total Non-Current Liabilities 1,327.1 914.3 756.7 385.2 430.0 445.1 481.6 401.1 223.9 280.9 320.9 312.6 233.3 195.9 186.1 172.7 101.8 93.2 96.9 84 68.1 63.8 33.1 43.9
Total Liabilities 2,808.9 1,946.3 1,786.6 1,182.8 1,499.4 1,388.4 1,323.7 1,079.0 879.2 810.9 827.0 939.2 702.7 544.6 513.6 511.2 333.4 351.9 325.3 294.4 239.4 244.9 166.4 155.1
Stockholders' Equity
Common Stock 0.4 0.4 0.4 0.4 0.5 0.5 0.5 0.5 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.3 0.3 0 0 0 0 0 0
Retained Earnings 774.6 604.6 501.8 481.4 410.8 424.8 594.4 787.4 783.7 735.6 735.6 682.2 482.6 442.3 398.4 367.5 330.2 285.8 262.5 223.5 201.7 180.3 156 138.9
Accumulated Other Comprehensive Income 1.6 (0.6) 0.9 0.8 (3.4) (5.0) (2.6) (0.7) 0.6 (0.4) 0 (0.1) (9.3) (11.4) (13.3) (11.8) (9.2) (8.2) (328.8) (300.9) (278.4) (251.9) (231.5) (216.7)
Total Stockholders' Equity 1,179.0 1,015.2 977.3 953.0 967.7 975.7 1,141.5 1,351.6 945.1 886.0 830.7 767.5 550.5 504.9 454.9 418.5 377.8 327.7 301.3 257.4 233.6 209.9 182.7 164.3
Total Liabilities & Equity 4,030.4 3,025.7 2,813.5 2,167.9 2,494.9 2,380.0 2,502.1 2,476.6 1,872.0 1,733.5 1,709.6 1,743.5 1,278.0 1,060.4 983.8 929.7 711.1 679.6 626.6 551.8 473 454.8 349.1 319.4
Debt Metrics
Total Debt 1,623.3 832.9 735.1 339.2 372.8 378.6 423.0 382.4 224.5 244.3 303.7 290.4 164.4 134.9 141.0 139.5 65.0 70.9 79.9 71.3 53.8 53.4 27.3 38.7
Net Debt 1,094.1 254.5 317.4 45.2 (22.8) (46.7) 160.7 109.6 (9.2) 55.0 (35.3) (170.5) 2.7 65.0 89.0 14.3 7.3 9.1 17.4 16.9 15.1 31 9.7 17.8
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 193.0 140.4 43.6 78.9 2.4 (166.2) (56.7) 53.7 75.8 66.2 83.2 57.0 60.5 49.3 50.5 55.8 52.9 46.5 27.8 27.3 28.5 19.5 3.5
Depreciation & Amortization 162.4 126.3 92.3 82.6 30.8 113.0 213.9 122.4 69.7 50.1 71.8 68.5 71.6 64.5 55.0 50.5 42.4 38.1 38.2 37.8 32.5 25.7 25.4
Stock-Based Compensation 39.1 19.6 10.5 7.8 6.4 6.4 10.2 14.8 15.8 13.4 0 6.0 6.0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 60.5 114.8 1.2 (115.1) (43.7) 143.4 (37.1) (129.4) (9.3) (53.6) (12.0) (25.8) (36.1) (8.4) 27.7 (31.2) (3.7) 11 (4.4) (9.3) 12.1 (0.2) 6.6
Other Non-Cash Items (10.0) 41.5 9.6 (3.9) 9.4 163.1 4.0 4.9 (0.9) (12.8) 12.4 49.1 (28.5) 2.0 (14.2) (2.5) 7.4 (0.2) 1.5 1.6 2.3 (0.2) 2
Operating Cash Flow 468.9 456.3 183.7 55.6 21.9 268.5 111.4 86.4 146.2 73.1 146.5 148.9 77.6 104.0 124.6 74.8 100 96 63.8 58.2 68.9 48.2 33.1
Investing Activities
Capital Expenditure (138.3) (136.4) (140.4) (121.6) (94.8) (93.3) (106.8) (111.1) (67.7) (91.0) (102.8) (89.6) (62.8) (57.4) (65.3) (52.5) (82) (52.5) (48.4) (46.1) (36) (39.1) (17.9)
Acquisitions (777.5) (134.4) (294.0) 140.6 114.9 5 (6.2) (7.2) 10.2 12.9 25.0 24.4 8.5 (36.0) (11.4) 4.7 9.1 5.4 4.7 8 3.4 5.5 2.6
Purchases of Investments (238.4) (11.0) (9.7) (94.1) (10) (10.0) 37.1 (10.0) (124.5) (129.7) (96.9) (97.0) (191.0) (494.6) (139.1) (84.7) (98.1) (91.1) (27.4) (45.6) (56.3) (54.2) (49.8)
Sales/Maturities of Investments 125.2 38 40 45.0 (114.9) 35.0 30 75 120 105 113.7 113.2 191.9 430.5 113.3 92.9 110.8 50.5 42.5 56.7 42.7 51.1 48.8
Other Investing Activities 35.2 15.2 44.9 19.1 83.3 22.0 5.6 13.7 2.9 6.3 (3.8) 7.6 20.4 23.4 5.3 (19.5) 6 0.5 (20.6) (8.9) (2.8) (1.2) (1.6)
Investing Cash Flow (993.7) (228.6) (359.3) (11) (21.5) (41.3) (40.3) (39.6) (59.2) (96.4) (64.8) (41.4) (33.0) (134.1) (97.1) (59.0) (54.2) (87.2) (49.2) (35.9) (49) (37.9) (17.9)
Financing Activities
Net Debt Issuance 598.9 63.3 373.6 (75.2) (8.9) (33.4) (214.1) 49.3 (20) (15.0) (15.4) 18.6 (11.0) (19.6) 55.0 (5.8) (10.8) 8.6 10.5 0.3 (11.5) (11.2) (15.4)
Stock Repurchased (48.2) (50.6) (4.1) (70.9) (2.7) (0.9) (36.9) (16.6) (7.0) (5.2) (5.3) (6.4) (1.3) (13.2) (2.5) (2.9) (25) (2.4) (3.1) (2.1) (0.8) (2.3) 0
Dividends Paid (22.7) (22.8) (22.8) (23.3) (23.8) (23.7) (24.3) (22.4) (20.7) (20.6) 0 (16.6) (15.8) (13.2) (12.6) (11.7) (10.6) (7.7) (6.6) (6.6) (4.7) 0 (2.3)
Other Financing Activities (52.3) (56.9) (47.4) 5.0 11.0 0.4 193.7 (12.2) 5.0 0.5 (22.8) (11.5) 1.4 0 0 0 0 0 0.1 0.1 0 (0.1) (0.1)
Financing Cash Flow 475.7 (67.1) 299.3 (164.3) (24.4) (57.7) (81.6) (1.9) (42.6) (40.3) (43.5) (15.8) (26.7) (43.1) 39.9 (20.0) (46.4) (0.7) 1.1 (7.6) (15.9) (13.5) (17.8)
Cash Position
Net Change in Cash (49.1) 160.7 123.7 (119.7) (24.0) 169.5 (10.5) 44.9 44.4 (63.5) 38.3 91.7 17.9 (73.1) 67.4 (4.1) (0.7) (0.7) 1.1 (6.1) (15.1) (13.5) (17.8)
Cash at Beginning 578.3 417.7 294.0 413.7 437.6 268.1 278.6 233.7 189.3 252.8 161.6 69.9 52.0 125.2 57.8 61.8 62.5 54.4 38.7 22.4 17.6 20.9 23.5
Cash at End 529.2 578.3 417.7 294.0 413.7 437.6 268.1 278.6 233.7 189.3 199.9 161.6 69.9 52.0 125.2 57.8 61.8 53.7 39.8 16.3 2.5 7.4 5.7
Free Cash Flow 330.6 319.9 43.3 (66.0) (72.9) 175.2 4.6 (24.7) 78.5 (17.8) 43.7 59.3 14.8 46.6 59.4 22.4 18 43.5 15.4 12.1 32.9 9.1 15.2
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 4,424.4 4,007.6 3,509.1 3,301.3 3,501.9 3,562.5 2,914.9 3,318.4 2,989.7 2,514.6 2,371.0 2,275.3 2,266.9 2,083.0 2,009.5 1,763.0 1,963.5 2,674.2 2,737.9 2,969.6 2,641.4 2,136.2 1,844.5 1,764.7 1,548.0 1,348.3 1,328.8 1,226.1 1,028.2 928.8 894.8 693.4 570.4
Gross Profit 711.2 572.7 396.4 369.5 362.6 344.8 189.8 389.2 314.9 301.4 303.4 250.3 185.3 234.8 248.0 177.8 346.4 468.7 410.7 295.7 319.4 222.0 226.4 224.6 183.6 241.1 221.6 191.2 149.9 148.4 144.5 115.7 76.2
Operating Income 262.2 207.4 80.1 72.8 24.7 (158.3) (41.7) 8.2 98.7 92.4 110.3 65.1 (54.7) 80.8 99.3 (109.3) 129.2 216.7 174.9 88.6 136.0 83.6 74.6 78.1 64.3 85.6 84.3 69.3 38.1 39 42.4 27.2 3.7
Net Income 193.0 126.3 43.6 83.3 10.1 (145.1) (60.2) 0.6 34.1 57.1 60.5 25.3 (36.4) 45.3 51.2 (59.0) 73.5 122.4 112.1 80.5 83.2 57.0 60.5 49.3 50.5 55.8 52.9 46.5 27.8 27.3 28.5 19.5 4.5
EPS (Diluted) 3.63 2.62 0.83 1.70 0.22 -3.18 -1.29 0.96 0.84 1.42 1.52 0.64 -0.94 1.15 1.31 -1.56 1.90 3.18 2.71 1.94 2.02 1.39 1.48 1.21 1.24 1.38 1.31 1.13 0.69 0.68 0.72 0.49 0.12
Balance Sheet
Cash & Equivalents 529.2 578.3 417.7 294.0 395.6 425.3 262.3 272.8 233.7 189.3 339.0 460.8 161.6 69.9 52.0 125.2 57.8 61.8 62.5 54.4 38.7 22.4 17.6 20.9
Total Assets 4,030.4 3,025.7 2,813.5 2,167.9 2,494.9 2,380.0 2,502.1 2,476.6 1,872.0 1,733.5 1,709.6 1,743.5 1,278.0 1,060.4 983.8 929.7 711.1 679.6 626.6 551.8 473 454.8 349.1 319.4
Total Debt 1,623.3 832.9 735.1 339.2 372.8 378.6 423.0 382.4 224.5 244.3 303.7 290.4 164.4 134.9 141.0 139.5 65.0 70.9 79.9 71.3 53.8 53.4 27.3 38.7
Stockholders' Equity 1,179.0 1,015.2 977.3 953.0 967.7 975.7 1,141.5 1,351.6 945.1 886.0 830.7 767.5 550.5 504.9 454.9 418.5 377.8 327.7 301.3 257.4 233.6 209.9 182.7 164.3
Cash Flow
Operating Cash Flow 468.9 456.3 183.7 55.6 21.9 268.5 111.4 86.4 146.2 73.1 146.5 148.9 77.6 104.0 124.6 74.8 100 96 63.8 58.2 68.9 48.2 33.1
Capital Expenditure (138.3) (136.4) (140.4) (121.6) (94.8) (93.3) (106.8) (111.1) (67.7) (91.0) (102.8) (89.6) (62.8) (57.4) (65.3) (52.5) (82) (52.5) (48.4) (46.1) (36) (39.1) (17.9)
Free Cash Flow 330.6 319.9 43.3 (66.0) (72.9) 175.2 4.6 (24.7) 78.5 (17.8) 43.7 59.3 14.8 46.6 59.4 22.4 18 43.5 15.4 12.1 32.9 9.1 15.2