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GVA · NYSE · United States · Heavy Construction Other Than Bldg Const - Contractors
In shortGRANITE CONSTRUCTION INC is profitable, generates cash and carries moderate debt, with revenue growing (+10.4% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 6.4% | 38/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 4.4% | 37/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 17.6% | 88/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 8.6% | 57/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.22× | 35/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.14× | 48/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 1.66× | 67/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 5.98× | 43/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 2.07 | 25/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 7.5% | 50/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.71× | 100/100 |
| Years with positive free cash flow (last 5) | 3 of 5 | 50/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 5 | 33/100 |
| Revenue growth volatility | 8.3% | 80/100 |
| Operating margin volatility | 2.3% | 88/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 10.3% | 74/100 |
|---|---|---|
| EPS growth, 3-year average | 31.4% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 3,502 | 3,301 | 3,509 | 4,008 | 4,424 |
| Cost of revenue | 3,139 | 2,932 | 3,113 | 3,435 | 3,713 |
| Gross profit | 363 | 369 | 396 | 573 | 711 |
| Selling, general & admin | 303 | 273 | 294 | 334 | 408 |
| Operating income | 25 | 85 | 80 | 207 | 282 |
| Interest expense | 21 | 13 | 18 | 29 | 47 |
| Pre-tax income | 22 | 92 | 60 | 196 | 289 |
| Income tax | 20 | 13 | 30 | 56 | 68 |
| Net income | 10 | 83 | 44 | 126 | 193 |
| Diluted EPS | $0.21 | $1.70 | $0.97 | $2.62 | $3.86 |
| Diluted shares (millions) | 48 | 52 | 53 | 53 | 53 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
2.07 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Jul 30, 2026