Granite Construction Inc. | Mid-cap | Industrials
$108.31
-0.97%
| Granite Construction Stock Comparison:
Granite Construction vs Quanta ServicesGranite Construction vs Ferrovial S.AGranite Construction vs SterlingGranite Construction vs Tetra TechGranite Construction vs Ies HoldingsGranite Construction vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 699.5M
Gross Profit 83.8M 11.99%
Operating Income -41.5M -5.93%
Net Income -28.3M -4.05%
EPS (Diluted) $-0.77

Balance Sheet Metrics

Total Assets 2.9B
Total Liabilities 1.9B
Shareholders Equity 1.0B
Debt to Equity 1.80

Cash Flow Metrics

Operating Cash Flow 37.8M
Free Cash Flow -28.6M

Revenue & Profitability Trend

Granite Construction Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i4.0B3.5B3.3B3.5B3.6B
Cost of Goods Sold i3.4B3.1B2.9B3.1B3.2B
Gross Profit i572.7M396.4M369.5M362.6M344.8M
Gross Margin % i14.3%11.3%11.2%10.4%9.7%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i334.2M294.5M272.6M303.0M316.3M
Other Operating Expenses i39.9M50.2M24.1M101.4M37.1M
Total Operating Expenses i374.1M344.7M296.7M404.4M353.4M
Operating Income i198.6M51.7M72.8M-41.7M-8.6M
Operating Margin % i5.0%1.5%2.2%-1.2%-0.2%
Non-Operating Items
Interest Income i24.3M17.5M6.5M1.2M3.1M
Interest Expense i29.2M18.5M12.6M20.7M24.2M
Other Non-Operating Income2.4M9.1M25.1M83.4M-136.8M
Pre-tax Income i196.2M59.9M91.8M22.1M-166.5M
Income Tax i55.7M30.3M13.0M19.7M-282.0K
Effective Tax Rate % i28.4%50.6%14.1%89.1%0.0%
Net Income i140.4M29.6M78.9M2.4M-166.2M
Net Margin % i3.5%0.8%2.4%0.1%-4.7%
Key Metrics
EBITDA i370.5M193.3M174.4M85.5M120.5M
EPS (Basic) i$2.88$0.99$1.87$0.22$-3.18
EPS (Diluted) i$2.62$0.97$1.70$0.22$-3.18
Basic Shares Outstanding i4384600043879000444850004578800045614000
Diluted Shares Outstanding i4384600043879000444850004578800045614000

Income Statement Trend

Granite Construction Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i578.3M417.7M294.0M395.6M425.3M
Short-term Investments i148.2M207.1M223.2M189.9M188.8M
Accounts Receivable i384.7M598.7M464.0M464.6M437.6M
Inventory i108.2M103.9M86.8M62.0M62.5M
Other Current Assets41.8M53.1M37.4M177.2M37.8M
Total Current Assets i1.7B1.6B1.3B1.8B1.5B
Non-Current Assets
Property, Plant & Equipment i345.8M330.1M268.9M241.3M259.1M
Goodwill i556.8M427.3M156.6M116.9M118.0M
Intangible Assets i127.9M117.3M9.2M9.5M10.6M
Long-term Investments-----
Other Non-Current Assets66.6M63.8M72.1M82.5M353.5M
Total Non-Current Assets i1.3B1.2B820.6M667.5M924.8M
Total Assets i3.0B2.8B2.2B2.5B2.4B
Liabilities
Current Liabilities
Accounts Payable i407.2M408.4M334.4M324.3M321.3M
Short-term Debt i21.3M56.8M20.1M8.7M8.3M
Current Portion of Long-term Debt-----
Other Current Liabilities44.3M60.8M31.8M132.0M120.5M
Total Current Liabilities i1.0B1.0B797.6M1.1B943.3M
Non-Current Liabilities
Long-term Debt i811.6M678.3M319.1M364.1M370.3M
Deferred Tax Liabilities i13.9M3.7M1.9M1.9M2.0M
Other Non-Current Liabilities88.9M74.7M64.2M64.1M62.4M
Total Non-Current Liabilities i914.3M756.7M385.2M430.0M445.1M
Total Liabilities i1.9B1.8B1.2B1.5B1.4B
Equity
Common Stock i434.0K439.0K437.0K458.0K457.0K
Retained Earnings i604.6M501.8M481.4M410.8M424.8M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i1.1B1.0B985.1M995.6M991.6M
Key Metrics
Total Debt i832.9M735.1M339.2M372.8M378.6M
Working Capital i684.7M613.6M549.7M758.1M512.0M

Balance Sheet Composition

Granite Construction Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i140.4M29.6M78.9M2.4M-166.2M
Depreciation & Amortization i126.3M92.3M82.6M109.0M113.0M
Stock-Based Compensation i19.6M10.5M7.8M6.4M6.4M
Working Capital Changes i98.5M-30.7M-61.0M-3.1M93.6M
Operating Cash Flow i399.3M114.9M62.4M79.1M15.1M
Investing Activities
Capital Expenditures i-122.6M-102.3M-95.5M-8.0K-76.6M
Acquisitions i-134.4M-294.0M140.6M05.0M
Investment Purchases i-11.0M-9.7M-94.1M-10.0M-10.0M
Investment Sales i38.0M40.0M45.0M035.0M
Investing Cash Flow i-228.6M-359.3M-11.0M-21.5M-41.3M
Financing Activities
Share Repurchases i-50.6M-4.1M-70.9M-2.7M-885.0K
Dividends Paid i-22.8M-22.8M-23.3M-23.8M-23.7M
Debt Issuance i373.8M678.8M50.0M050.0M
Debt Repayment i-310.5M-305.1M-125.2M-8.9M-83.4M
Financing Cash Flow i-66.6M352.3M-164.3M-24.4M-57.7M
Free Cash Flow i319.9M43.3M-66.0M-72.9M175.2M
Net Change in Cash i104.1M107.9M-112.9M33.1M-83.8M

Cash Flow Trend

Granite Construction Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 32.27
Forward P/E 20.08
Price to Book 4.43
Price to Sales 1.15
PEG Ratio 0.34

Profitability Ratios

Profit Margin 3.89%
Operating Margin 10.06%
Return on Equity 17.42%
Return on Assets 4.62%

Financial Health

Current Ratio 1.57
Debt to Equity 75.78
Beta 1.41

Per Share Data

EPS (TTM) $3.33
Book Value per Share $24.28
Revenue per Share $93.46

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
gva4.7B32.274.4317.42%3.89%75.78
Quanta Services 57.0B59.227.2313.73%3.73%64.91
Ferrovial S.A 38.0B10.126.2849.66%35.41%142.78
Sterling 9.5B34.1210.8238.22%13.33%37.65
Tetra Tech 9.5B45.185.4512.69%4.70%61.51
Ies Holdings 7.5B28.919.5938.50%8.23%8.84

Financial data is updated regularly. All figures are in the company's reporting currency.