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Granite Construction Incorporated (GVA) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

INDUSTRIALS · ENGINEERING & CONSTRUCTION · DATA UPDATED 2026-08-16

Granite Construction Incorporated (GVA) operates in the ENGINEERING & CONSTRUCTION industry and is headquartered in Watsonville, United States with about 2,500 employees. Its market capitalization is roughly $5 billion. In the fiscal year ended 2025-12-31, GVA reported $4.4B in revenue and $193M in net income.

Granite Construction Incorporated provides infrastructure solutions for public and private clients in the United States. It operates through Construction and Materials segments.

Interactive charts & full statements → Open the GVA valuation workbench →

GVA Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Revenue$5.0B$4.4B$4.0B$3.5B$3.3B$3.5B$3.6B$3.3B$3.3B$3.0B$2.5B$2.4B$2.3B$2.3B$2.1B$2.0B$1.8B$2.0B$2.7B$2.7B$3.0B
Gross Profit$777M$711M$573M$396M$369M$363M$345M$389M$389M$315M$301M$303M$250M$185M$235M$248M$178M$346M$469M$411M$296M
Gross Margin %15.6%16.1%14.3%11.3%11.2%10.4%9.7%11.7%11.7%10.5%12.0%12.8%11.0%8.2%11.3%12.3%10.1%17.6%17.5%15.0%10.0%
Operating Income (EBIT)$296M$262M$207M$80M$73M$25M($158M)$64M$8M$99M$92M$110M$65M($55M)$81M$99M($109M)$129M$217M$175M$89M
Operating Margin %6.0%5.9%5.2%2.3%2.2%0.7%-4.4%1.9%0.2%3.3%3.7%4.7%2.9%-2.4%3.9%4.9%-6.2%6.6%8.1%6.4%3.0%
Net Income($165M)$193M$126M$44M$83M$10M($145M)$54M$1M$34M$57M$60M$25M($36M)$45M$51M($59M)$74M$122M$112M$81M
Net Margin %-3.3%4.4%3.1%1.2%2.5%0.3%-4.1%1.6%0.0%1.1%2.3%2.5%1.1%-1.6%2.2%2.5%-3.4%3.7%4.6%4.1%2.7%
EBITDA$190M$498M$352M$171M$187M$152M($29M)$187M$174M$145M$171M$182M$138M$23M$148M$158M($22M)$235M$337M$287M$158M
Earnings Per Share (EPS)$-4.40$3.63$2.41$0.83$1.59$0.22$-3.18$1.18$0.01$0.85$1.42$1.52$0.64$-0.94$1.16$1.33$-1.56$1.95$3.21$2.71$1.94
Shares Outstanding (M)44M53M53M53M52M46M46M46M44M40M40M40M40M39M39M38M38M38M38M41M41M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

GVA Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$1.5B$912M$1.2B$1.4B$1.1B$700M$977M$1.3B
Gross Profit$239M$110M$168M$261M$199M$84M$151M$203M
Gross Margin %16.4%12.0%14.4%18.2%17.7%12.0%15.4%15.9%
Operating Income (EBIT)$126M($34M)$61M$144M$104M($40M)$56M$104M
Operating Margin %8.6%-3.7%5.2%10.0%9.2%-5.7%5.7%8.2%
Net Income($278M)($42M)$52M$103M$72M($34M)$41M$79M
Net Margin %-19.1%-4.6%4.5%7.2%6.4%-4.8%4.2%6.2%
EBITDA($171M)$10M$142M$209M$151M($2M)$108M$151M
Earnings Per Share (EPS)$-6.36$-0.96$0.97$1.94$1.36$-0.77$0.78$1.51
Shares Outstanding (M)44M44M54M53M53M43M53M52M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

GVA Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Cash from Operations (CFO)$605M$469M$456M$184M$56M$22M$111M$111M$86M$146M$73M$67M$43M$5M$92M$92M$29M$64M$257M$235M$260M
Capital Expenditures (CapEx)$133M$138M$136M$140M$122M$95M$107M$19M$111M$68M$91M$44M$43M$44M$38M$45M$37M$88M$94M$119M$116M
Free Cash Flow (FCF)$472M$331M$320M$43M($66M)($73M)$5M$93M($25M)$78M($18M)$23M$0M($38M)$54M$47M($8M)($23M)$163M$116M$143M
FCF Margin %9.5%7.5%8.0%1.2%-2.0%-2.1%0.1%2.8%-0.7%2.6%-0.7%1.0%-0.0%-1.7%2.6%2.4%-0.4%-1.2%6.1%4.2%4.8%
Dividends Paid$23M$23M$23M$23M$23M$24M$24M$24M$22M$21M$21M$20M$20M$20M$20M$20M$20M$46M$20M$17M$17M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

GVA Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$172M($31M)$179M$284M$2M$4M$173M$261M
Capital Expenditures (CapEx)$30M$26M$51M$27M$29M$32M$28M$41M
Free Cash Flow (FCF)$143M($57M)$129M$257M($27M)($29M)$145M$220M
FCF Margin %9.8%-6.2%11.1%18.0%-2.4%-4.1%14.8%17.3%
Dividends Paid$6M$6M$6M$6M$6M$6M$6M$6M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

GVA Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Assets$4.8B$4.0B$3.0B$2.8B$2.2B$2.5B$2.4B$2.5B$2.5B$1.9B$1.7B$1.6B$1.6B$1.6B$1.7B$1.5B$1.5B$1.7B$1.7B$1.8B$1.6B
Cash & Cash Equivalents$877M$529M$578M$418M$294M$396M$425M$262M$273M$234M$189M$253M$256M$229M$322M$257M$252M$339M$461M$352M$205M
Total Liabilities$4.0B$2.8B$1.9B$1.8B$1.2B$1.5B$1.4B$1.4B$1.1B$879M$811M$758M$803M$831M$858M$720M$740M$827M$939M$1.1B$923M
Total Debt (Short + Long-Term)$1.6B$1.4B$759M$672M$307M$340M$339M$712M$382M$225M$244M$260M$277M$278M$290M$251M$255M$304M$290M$297M$107M
Total Shareholders' Equity$753M$1.2B$1.0B$977M$953M$968M$976M$1.1B$1.4B$945M$886M$839M$794M$782M$830M$799M$761M$831M$768M$700M$695M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive GVA viewer.

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