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Granite Construction Incorporated

Company price
125.9 USD -0.50 ( 0.40%)
Last update at 2026-11-12T15:39:00Z
VOLUME
42354
Market Cap
5067.33M

Momentum Score

…

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.

Source: TradingView
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Day Price Range
125.15
Low
128.01
High
52 Week Price Range
96.96
Low
161.95
High

Momentum Score

…
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

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.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
126.40
Dividend Yield
0.45%
Revenue TTM
4967.20M
Revenue Per Share
113.75
Gross Profit TTM
776.94M
Debt / Equity
1.38
ROE
-14.55%
Net Debt
1094.10M
ROCE
10.29%
Diluted EPS TTM
-4.31

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

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

Peer Comparison*

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

Profile*

Granite Construction Incorporated

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

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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