# Granite Construction Inc. (GVA)

**Exchange:** NYSE  
**Sector:** Industrials  
**Market cap:** $7.21B  
**Price:** $135.76 (-3.06%)

> Granite Construction Incorporated is a diversified construction and construction materials company focused on delivering infrastructure solutions across the Americas. The company primarily serves the transportation, water infrastructure, and mineral exploration markets, providing a full suite of services that spans project development, construction, and related materials supply. Granite Construction works with a broad base of public and private clients, including government agencies, utilities, and commercial entities, helping develop and maintain critical civil infrastructure such as roads, highways, bridges, airports, dams, and water management systems. In addition to construction services, the company produces and supplies construction materials like aggregates and asphalt, supporting both its own projects and third-party contractors. Headquartered in Watsonville, California, and operating through distinct construction and materials segments, Granite Construction plays a significant role in the North American infrastructure and civil construction market by integrating engineering expertise, project management, and materials production capabilities.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $4.42B | $711M | $282M | $193M | — |
| 2024 | $4.01B | $573M | $207M | $126M | — |
| 2023 | $3.51B | $396M | $80M | $44M | — |
| 2022 | $3.30B | $369M | $85M | $83M | — |
| 2021 | $3.50B | $363M | $25M | $10M | — |
| 2020 | $3.56B | $345M | -$158M | -$145M | — |
| 2019 | $2.91B | $190M | -$42M | -$60M | — |
| 2018 | $3.29B | $335M | $8M | $582,000 | — |
| 2017 | $2.96B | $279M | $63M | $34M | — |
| 2016 | $2.51B | $301M | $92M | $57M | — |
| 2015 | $2.37B | $300M | $110M | $60M | — |
| 2014 | $2.28B | $240M | $65M | $25M | — |
| 2013 | $2.27B | $177M | -$55M | -$36M | — |
| 2012 | $2.08B | $235M | $81M | $45M | — |
| 2011 | $2.01B | $248M | $99M | $51M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $4.03B | $2.85B | $1.18B | $529M | $1.34B |
| 2024 | $3.03B | $2.01B | $1.02B | $578M | $739M |
| 2023 | $2.81B | $1.84B | $977M | $418M | $655M |
| 2022 | $2.17B | $1.21B | $953M | $294M | $288M |
| 2021 | $2.49B | $1.53B | $968M | $396M | $340M |
| 2020 | $2.38B | $1.40B | $976M | $425M | $339M |
| 2019 | $2.50B | $1.36B | $1.14B | $252M | $364M |
| 2018 | $2.43B | $1.18B | $1.24B | $273M | $382M |
| 2017 | $1.87B | $927M | $945M | $234M | $178M |
| 2016 | $1.73B | $847M | $886M | $189M | $229M |
| 2015 | $1.63B | $788M | $839M | $253M | $244M |
| 2014 | $1.60B | $806M | $794M | $256M | $270M |
| 2013 | $1.61B | $827M | $782M | $229M | $270M |
| 2012 | $1.73B | $900M | $830M | $322M | $270M |
| 2011 | $1.55B | $749M | $799M | $257M | $209M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $469M | $138M | $331M |
| 2024 | $456M | $136M | $320M |
| 2023 | $184M | $140M | $43M |
| 2022 | $56M | $122M | -$66M |
| 2021 | $22M | $95M | -$73M |
| 2020 | $268M | $93M | $175M |
| 2019 | $111M | $107M | $5M |
| 2018 | $86M | $111M | -$25M |
| 2017 | $146M | $68M | $79M |
| 2016 | $73M | $91M | -$18M |
| 2015 | $67M | $44M | $23M |
| 2014 | $43M | $43M | -$286,000 |
| 2013 | $5M | $44M | -$38M |
| 2012 | $92M | $38M | $54M |
| 2011 | $92M | $45M | $47M |

Source: [CompaniesByCap](https://companiesbycap.com/company/GVA)