Granite Construction Incorporated (GVA)
NYSE: GVA · Real-Time Price · USD
123.24
-3.53 (-2.78%)
Mar 6, 2026, 2:53 PM EST - Market open

Granite Construction Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2016
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Revenue
4,4244,0083,5093,3013,502
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Revenue Growth (YoY)
10.40%14.20%6.30%-5.73%-1.70%
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Cost of Revenue
3,7133,4353,1132,9323,139
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Gross Profit
711.22572.7396.4369.49362.65
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Selling, General & Admin
407.56334.16294.47272.61303.02
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Other Operating Expenses
24.2237.4445.7225.92101.35
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Operating Expenses
431.78371.6340.18298.53404.37
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Operating Income
279.44201.156.2270.96-41.72
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Interest Expense
-47.22-29.19-18.46-12.62-20.74
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Interest & Investment Income
26.8824.3517.546.531.18
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Earnings From Equity Investments
14.9616.9825.7513.5712.59
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Other Non Operating Income (Expenses)
11.774.246.02-1.044.39
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EBT Excluding Unusual Items
285.82217.4887.0677.4-44.31
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Merger & Restructuring Charges
-17.2-2.5---
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Impairment of Goodwill
---4.5--
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Gain (Loss) on Sale of Assets
20.218.7628.3514.4266.44
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Other Unusual Items
--27.55-51.05--
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Pretax Income
288.83196.1959.8591.8222.13
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Income Tax Expense
68.4855.7530.2712.9619.71
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Earnings From Continuing Operations
220.35140.4429.5978.862.41
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Net Income to Company
220.35140.4429.5978.862.41
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Minority Interest in Earnings
-27.35-14.114.014.457.68
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Net Income
193126.3543.683.310.1
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Net Income to Common
193126.3543.683.310.1
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Net Income Growth
52.76%189.79%-47.66%725.10%-
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Shares Outstanding (Basic)
4444444446
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Shares Outstanding (Diluted)
5353535248
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Shares Change (YoY)
1.18%-0.10%0.46%9.93%4.35%
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EPS (Basic)
4.422.880.991.870.22
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EPS (Diluted)
3.862.620.971.700.21
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EPS Growth
47.18%169.33%-42.83%711.69%-
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Free Cash Flow
330.65319.9443.32-65.97-72.88
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Free Cash Flow Per Share
6.226.090.82-1.26-1.53
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Dividend Per Share
0.5200.5200.5200.5200.520
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Gross Margin
16.07%14.29%11.30%11.19%10.36%
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Operating Margin
6.32%5.02%1.60%2.15%-1.19%
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Profit Margin
4.36%3.15%1.24%2.52%0.29%
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Free Cash Flow Margin
7.47%7.98%1.23%-2.00%-2.08%
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EBITDA
441.87327.43148.49153.5367.33
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EBITDA Margin
9.99%8.17%4.23%4.65%1.92%
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D&A For EBITDA
162.43126.3392.2782.57109.05
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EBIT
279.44201.156.2270.96-41.72
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EBIT Margin
6.32%5.02%1.60%2.15%-1.19%
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Effective Tax Rate
23.71%28.42%50.57%14.12%89.09%
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Revenue as Reported
----3,502
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Source: S&P Capital IQ. Standard template. Financial Sources.