Granite Construction Incorporated

GVA Industrials Engineering & Construction

Granite Construction Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $4.4 billion, up 10.4% from fiscal 2024.

Revenue
+23.2%
EPS
−97.0%
Free cash flow
−9.92%
Total debt
+16.3%

Quarter to September 2026, against a year earlier

121.19 11.20 −8.46%
Market cap
$5.3B
P/E
0.0×
Fwd P/E
−16.8×
Dividend yield
0.43%
F-score
6/9
Altman Z
2.77
Beneish M
−2.54
Dividend safety
82/100

Granite Construction Incorporated (GVA) Gross margin

Alert me on Gross margin

Granite Construction Incorporated's gross margin over the twelve months to 30 September 2026 was 16.1%, up 0.0 percentage points from fiscal 2025 (16.1%). Over the past ten years it has ranged from 6.51% (fiscal 2019) to 16.1% (fiscal 2025) — the current reading is the highest in ten years. That is below the Engineering & Construction industry median of 18.8% and below the Industrials sector median of 30.6%.

Gross margin, annual

Embed this chart

Annual newest first

Period Gross margin Change (points)
FY2025 16.1% 1.78
FY2024 14.3% 2.99
FY2023 11.3% 0.11
FY2022 11.2% 0.83
FY2021 10.4% 0.68
FY2020 9.68% 3.17
FY2019 6.51% (3.68)
FY2018 10.2% 0.77
FY2017 9.42% (2.56)
FY2016 12.0% (0.67)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 19.0% 2.61
Jun 2026 16.4% 4.36
Mar 2026 12.0% (2.35)
Dec 2025 14.4% (3.79)
43 more quarters

Against its own ten years

Low 6.51% High 16.1%
Ten-year median 11.2%
Current reading's percentile 98

Gross margin against peers

Company Gross margin
EXPO Exponent, Inc. compare 88.5%
IESC IES Holdings, Inc. compare 26.3%
DY Dycom Industries, Inc. compare 20.5%
GVA Granite Construction Incorporated 16.1%
ROAD Construction Partners, Inc. compare 15.8%
KBR KBR, Inc. compare 14.7%
MYRG MYR Group, Inc. compare 13.0%
TPC Tutor Perini Corporation compare 11.8%
FLR Fluor Corporation compare −0.80%
Engineering & Construction industry median 18.8%
Industrials sector median 30.6%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on GVA