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) Operating margin

Alert me on Operating margin

Granite Construction Incorporated's operating margin over the twelve months to 30 September 2026 was 7.45%, up 1.1 percentage points from fiscal 2025 (6.38%). Over the past ten years it has ranged from −4.44% (fiscal 2020) to 6.38% (fiscal 2025) — the current reading is the highest in ten years. That is above the Engineering & Construction industry median of 6.43% and above the Industrials sector median of 5.21%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 6.38% 1.21
FY2024 5.17% 2.89
FY2023 2.28% (0.31)
FY2022 2.59% 1.88
FY2021 0.71% 5.15
FY2020 −4.44% (3.01)
FY2019 −1.43% (1.68)
FY2018 0.25% (1.86)
FY2017 2.11% (1.56)
FY2016 3.67% (0.98)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 12.7% 3.99
Jun 2026 8.71% 12.12
Mar 2026 −3.41% (9.84)
Dec 2025 6.43% (3.59)
43 more quarters

Against its own ten years

Low −4.44% High 6.38%
Ten-year median 2.28%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
EXPO Exponent, Inc. compare 21.3%
IESC IES Holdings, Inc. compare 12.4%
KBR KBR, Inc. compare 9.32%
ROAD Construction Partners, Inc. compare 8.57%
DY Dycom Industries, Inc. compare 7.78%
GVA Granite Construction Incorporated 7.45%
MYRG MYR Group, Inc. compare 6.13%
TPC Tutor Perini Corporation compare 5.64%
FLR Fluor Corporation compare −1.39%
Engineering & Construction industry median 6.43%
Industrials sector median 5.21%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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