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Granite Construction Incorporated provides infrastructure solutions for public and private clients in the United States. It operates through Construction and Materials segments. The Construction segment engages in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, marine ports, dams, reservoirs, aqueducts, infrastructure, and site development for use by the public and water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies; and construction of various complex projects, including infrastructure and site development, mining, public safety, tunnel, solar, battery storage, and power related projects. The Materials segment produces and delivers aggregates, asphalt concrete, liquid asphalt, and recycled materials for internal use in construction projects and sale to third parties. It also provides site preparation, mining, and infrastructure services for railways, residential development, energy development, and commercial and industrial sites; produces construction materials; and provides construction management professional services, as well as owns and leases aggregate reserves and processing plants. The company serves federal agencies, state departments of transportation, local transit authorities, county and city public works departments, school districts and developers, utilities, contractors, landscapers, manufacturers of products requiring aggregate materials, retailers, homeowners, farmers, brokers, and private owners of industrial, commercial, and residential sites. Granite Construction Incorporated was incorporated in 1922 and is headquartered in Watsonville, California.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Granite Construction Incorporated is a U.S. heavy civil contractor and construction materials producer serving transportation, water and infrastructure markets. Long-term growth may be supported by public infrastructure spending and demand for aggregates and asphalt. Investors may view the integrated construction-and-materials model and regional project backlog as factors that could support cash flow.
Key risks include sensitivity to public-sector capital spending cycles, execution and contract-performance risk on large projects, exposure to materials and fuel cost inflation, labor shortages and intense competitive bidding.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 288.83M | 196.19M | 59.85M | 91.82M | -9.50M |
| Minority interest | -27.35M | -14.10M | 14.01M | -4.45M | 7.68M |
| Net income | 193.00M | 126.35M | 43.60M | 83.30M | -8.26M |
| Selling general administrative | 407.56M | 334.16M | 288.50M | 201.75M | 178.69M |
| Selling and marketing expenses | - | - | 5.96M | 70.86M | 64.39M |
| Gross profit | 711.22M | 572.70M | 396.40M | 369.49M | 305.56M |
| Reconciled depreciation | 162.43M | 126.33M | 92.27M | 82.57M | 109.05M |
| Ebit | 262.24M | 225.38M | 78.32M | 85.38M | -23.00M |
| Ebitda | 424.67M | 351.71M | 170.59M | 174.39M | 86.06M |
| Depreciation and amortization | 162.43M | 126.33M | 92.27M | 89.01M | 109.05M |
| Non operating income net other | - | - | - | 19.06M | 9.69M |
| Operating income | 282.45M | 207.36M | 80.06M | 85.38M | -23.00M |
| Other operating expenses | 4141.93M | 3800.21M | 3429.08M | 3228.49M | 3042.74M |
| Interest expense | 47.22M | 29.19M | 18.46M | 12.62M | 20.28M |
| Tax provision | 68.48M | 55.75M | 30.27M | 12.96M | -1.24M |
| Interest income | 26.88M | 24.35M | 17.54M | 6.53M | 15.64M |
| Net interest income | -20.34M | -4.84M | -0.92M | -6.10M | -19.10M |
| Extraordinary items | - | - | - | - | 10.67M |
| Income tax expense | 68.48M | 55.75M | 30.27M | 12.96M | -1.24M |
| Total revenue | 4424.38M | 4007.57M | 3509.14M | 3301.26M | 3010.05M |
| Total operating expenses | 428.77M | 365.33M | 316.34M | 296.73M | 338.24M |
| Cost of revenue | 3713.16M | 3434.88M | 3112.74M | 2931.76M | 2704.50M |
| Total other income expense net | 6.38M | -11.17M | -20.21M | 6.44M | 13.50M |
| Discontinued operations | - | - | - | - | 10.67M |
| Net income from continuing ops | 220.35M | 140.44M | 29.59M | 78.86M | -8.26M |
| Net income applicable to common shares | 193.00M | 126.35M | 43.60M | 83.30M | 10.10M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 4030.39M | 3025.66M | 2813.54M | 2167.93M | 2494.93M |
| Intangible assets | 179.55M | 127.89M | 117.32M | 9.10M | 9.50M |
| Other current assets | 201.59M | 41.82M | 53.10M | 37.41M | 177.21M |
| Total liab | 2808.86M | 1946.29M | 1786.57M | 1182.79M | 1499.36M |
| Total stockholder equity | 1179.05M | 1015.23M | 977.30M | 953.02M | 967.68M |
| Deferred long term liab | - | - | - | 1.89M | 1.86M |
| Other current liab | 315.45M | 303.79M | 320.91M | 288.47M | 536.24M |
| Common stock | 0.43M | 0.43M | 0.44M | 0.44M | 0.46M |
| Capital stock | 0.43M | 0.43M | 0.44M | 0.44M | 0.46M |
| Retained earnings | 774.64M | 604.63M | 501.84M | 481.38M | 410.83M |
| Other liab | - | - | - | 66.09M | 65.93M |
| Good will | 400.81M | 214.47M | 155.00M | 73.70M | 53.72M |
| Other assets | 78.00M | -101.86M | -74.15M | 81.35M | 92.03M |
| Cash | 529.22M | 578.33M | 417.66M | 293.99M | 395.65M |
| Cash and equivalents | 529.22M | 578.33M | 417.66M | 293.99M | 395.65M |
| Total current liabilities | 1481.74M | 1031.96M | 1029.88M | 797.59M | 1069.32M |
| Current deferred revenue | 327.37M | 299.67M | 243.85M | 173.29M | 200.04M |
| Net debt | 1094.10M | 254.52M | 317.42M | 26.56M | -22.80M |
| Short term debt | 408.62M | 21.27M | 56.76M | 1.45M | 8.73M |
| Short long term debt | 375.90M | 1.11M | 39.93M | 1.45M | 8.73M |
| Short long term debt total | 1623.32M | 832.85M | 735.09M | 320.55M | 372.85M |
| Other stockholder equity | 402.39M | 410.74M | 474.13M | 470.41M | 559.75M |
| Property plant equipment | 1413.50M | 805.98M | 741.04M | 509.21M | 482.82M |
| Total current assets | 1812.23M | 1716.66M | 1643.45M | 1347.30M | 1827.40M |
| Long term investments | 146.30M | 94.03M | 92.91M | 107.29M | 38.97M |
| Net tangible assets | - | - | - | 911.48M | 913.97M |
| Short term investments | 71.02M | 148.24M | 207.10M | 223.18M | 189.91M |
| Net receivables | 867.27M | 840.10M | 861.69M | 705.90M | 610.02M |
| Long term debt | 963.23M | 737.94M | 614.78M | 286.93M | 331.19M |
| Inventory | 143.13M | 108.17M | 103.90M | 86.81M | 61.97M |
| Accounts payable | 430.30M | 407.22M | 408.36M | 334.39M | 324.31M |
| Noncontrolling interest in consolidated entity | - | - | - | 32.13M | 27.88M |
| Accumulated other comprehensive income | 1.58M | -0.58M | 0.88M | 0.79M | -3.36M |
| Common stock total equity | - | - | - | 0.44M | 0.46M |
| Retained earnings total equity | - | - | - | 481.38M | 410.83M |
| Non currrent assets other | -37.11M | 66.64M | 55.63M | 59.14M | 67.89M |
| Non current assets total | 2218.16M | 1308.99M | 1170.09M | 820.64M | 667.53M |
| Capital lease obligations | 158.46M | 93.80M | 80.37M | 32.17M | 32.93M |
| Long term debt total | 963.23M | 737.94M | 614.78M | 286.93M | 331.19M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | -113.15M | -228.56M | -359.29M | -49.10M | -10.00M |
| Change to liabilities | - | - | - | -29.28M | 7.40M |
| Total cashflows from investing activities | -993.72M | -228.56M | -359.29M | -11.00M | -21.48M |
| Net borrowings | 598.89M | 63.25M | 373.63M | -75.16M | -8.92M |
| Total cash from financing activities | 475.69M | -67.12M | 299.25M | -164.31M | -24.45M |
| Change to operating activities | - | - | - | -37.20M | -43.73M |
| Net income | 193.00M | 140.44M | 43.60M | 78.86M | 2.41M |
| Change in cash | -49.11M | 160.67M | 123.67M | -119.66M | -23.99M |
| Begin period cash flow | 578.33M | 417.66M | 293.99M | 413.65M | 437.65M |
| End period cash flow | 529.22M | 578.33M | 417.66M | 293.99M | 413.65M |
| Total cash from operating activities | 468.92M | 456.34M | 183.71M | 55.65M | 21.93M |
| Depreciation | 162.43M | 126.33M | 92.27M | 82.57M | 30.79M |
| Other cashflows from investing activities | 35.21M | 15.19M | 44.85M | 159.71M | -11.47M |
| Dividends paid | 22.72M | 22.81M | 22.81M | -23.27M | -23.80M |
| Change to inventory | -0.75M | -2.86M | -1.43M | -14.31M | 0.77M |
| Change to account receivables | 83.30M | 91.42M | -78.41M | 59.62M | -11.32M |
| Sale purchase of stock | -48.21M | -50.63M | -4.12M | -70.90M | -2.73M |
| Other cashflows from financing activities | -52.27M | -56.93M | -47.44M | 55.02M | 11.01M |
| Change to netincome | - | - | - | 20.04M | -53.49M |
| Capital expenditures | 138.27M | 136.41M | 140.38M | 121.61M | 94.81M |
| Change receivables | - | - | - | 59.62M | -11.32M |
| Cash flows other operating | - | - | - | -144.22M | -73.52M |
| Cash and cash equivalents changes | - | - | - | -119.66M | -23.99M |
| Change in working capital | 60.52M | 114.83M | 1.16M | -115.07M | -43.73M |
| Stock based compensation | 39.15M | 19.59M | 10.48M | 7.76M | 6.41M |
| Other non cash items | -9.99M | 41.48M | 9.65M | -3.92M | 9.45M |
| Free cash flow | 330.65M | 319.94M | 43.32M | -65.97M | -72.88M |
Sector: Industrials Industry: Engineering & Construction
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| GVA Granite Construction Incorporated |
-0.50 0.40% |
125.90 | - | 13.85 | 1.02 | 6.75 | 1.16 | 30.49 |
| VCISF VINCI SA |
- -% |
130.14 | 14.66 | 12.94 | 1.06 | 2.37 | 1.40 | 8.24 |
| VCISY Vinci SA ADR |
-0.07 0.22% |
31.81 | 14.51 | 12.97 | 1.07 | 2.38 | 1.40 | 8.26 |
| FIX Comfort Systems USA Inc |
-34.75 2.99% |
1126.88 | 57.81 | 47.39 | 6.47 | 24.14 | 6.44 | 40.64 |
| FER Ferrovial N.V. |
0.15 0.24% |
61.44 | 56.50 | 38.76 | 3.96 | 5.93 | 4.13 | 19.50 |
Granite Construction Incorporated provides infrastructure solutions for public and private clients in the United States. It operates through Construction and Materials segments. The Construction segment engages in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, marine ports, dams, reservoirs, aqueducts, infrastructure, and site development for use by the public and water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies; and construction of various complex projects, including infrastructure and site development, mining, public safety, tunnel, solar, battery storage, and power related projects. The Materials segment produces and delivers aggregates, asphalt concrete, liquid asphalt, and recycled materials for internal use in construction projects and sale to third parties. It also provides site preparation, mining, and infrastructure services for railways, residential development, energy development, and commercial and industrial sites; produces construction materials; and provides construction management professional services, as well as owns and leases aggregate reserves and processing plants. The company serves federal agencies, state departments of transportation, local transit authorities, county and city public works departments, school districts and developers, utilities, contractors, landscapers, manufacturers of products requiring aggregate materials, retailers, homeowners, farmers, brokers, and private owners of industrial, commercial, and residential sites. Granite Construction Incorporated was incorporated in 1922 and is headquartered in Watsonville, California.
585 West Beach Street, Watsonville, CA, United States, 95076
831 724 1011
2500
| Name | Title | Year Born |
|---|---|---|
| Mr. Kyle T. Larkin | Pres, CEO & Director | 1972 |
| Ms. Elizabeth Lisa Curtis | Exec. VP & CFO | 1967 |
| Mr. James A. Radich | Exec. VP & COO | 1959 |
| Mr. Brian A. Dowd | Sr. VP & California Group Mang. | 1964 |
| Mr. Michael G. Tatusko | Sr. VP & Mountain Group Mang. | 1965 |
| Ms. Staci M. Woolsey | Chief Accounting Officer | 1977 |
| Mr. Kenneth B. Olson | Sr. VP of Corp. Fin. & Treasurer | NA |
| Mr. M. Craig Hall | Sr. VP, Gen. Counsel, Corp. Compliance Officer & Sec. | NA |
| Ms. Erin Kuhlman | Sr. VP and Chief Marketing & Communications Officer | NA |
| Mr. Tim Gruber | Sr. VP of HR | NA |
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