Granite Gross Profit from 2010 to 2024

GVA Stock  USD 98.69  0.07  0.07%   
Granite Construction's Gross Profit is increasing over the years with slightly volatile fluctuation. Gross Profit is expected to dwindle to about 263.2 M. Gross Profit is the profit Granite Construction Incorporated makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1988-03-31
Previous Quarter
164.7 M
Current Value
202.9 M
Quarterly Volatility
44.8 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Granite Construction financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Granite Construction's main balance sheet or income statement drivers, such as Depreciation And Amortization of 66 M, Interest Expense of 19.4 M or Total Revenue of 2.1 B, as well as many indicators such as Price To Sales Ratio of 0.42, Dividend Yield of 0.0127 or PTB Ratio of 2.05. Granite financial statements analysis is a perfect complement when working with Granite Construction Valuation or Volatility modules.
  
Check out the analysis of Granite Construction Correlation against competitors.

Latest Granite Construction's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Granite Construction Incorporated over the last few years. Gross profit is a required income statement account that reflects total revenue of Granite Construction Incorporated minus its cost of goods sold. It is profit before Granite Construction operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Granite Construction's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Granite Construction's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 369.49 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Granite Gross Profit Regression Statistics

Arithmetic Mean291,246,052
Geometric Mean272,993,985
Coefficient Of Variation29.97
Mean Deviation65,742,338
Median303,358,000
Standard Deviation87,293,335
Sample Variance7620.1T
Range323.5M
R-Value0.72
Mean Square Error3983.4T
R-Squared0.51
Significance0
Slope14,002,227
Total Sum of Squares106681.8T

Granite Gross Profit History

2024263.2 M
2023396.4 M
2022369.5 M
2021305.6 M
2020344.8 M
2018389.2 M
2017314.9 M

Other Fundumenentals of Granite Construction

Granite Construction Gross Profit component correlations

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0.340.64-0.070.14-0.010.270.070.040.630.250.00.22-0.180.13-0.040.02-0.17-0.2-0.070.310.35-0.26-0.010.10.25
0.670.560.690.140.90.660.150.48-0.090.80.830.70.560.60.650.80.510.67-0.56-0.320.60.750.730.08-0.67
0.710.50.64-0.010.90.710.240.6-0.330.850.910.80.740.580.670.650.720.74-0.48-0.590.340.80.690.0-0.68
0.970.840.10.270.660.710.210.640.190.860.460.810.680.420.130.60.620.77-0.45-0.480.380.730.450.43-0.01
0.330.340.20.070.150.240.210.85-0.420.320.160.310.230.660.170.320.370.38-0.17-0.050.060.210.39-0.16-0.03
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0.670.340.34-0.180.560.740.680.230.59-0.430.560.610.70.220.390.450.520.62-0.41-0.550.10.660.380.07-0.3
0.570.60.550.130.60.580.420.660.7-0.250.690.570.660.220.590.760.720.71-0.25-0.030.490.540.890.09-0.32
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0.690.480.3-0.260.750.80.730.210.59-0.180.80.560.720.660.540.360.740.680.9-0.53-0.540.410.630.16-0.42
0.550.490.73-0.010.730.690.450.390.51-0.330.680.740.660.380.890.790.90.70.75-0.33-0.110.610.630.26-0.46
0.340.36-0.130.10.080.00.43-0.16-0.040.340.22-0.090.080.070.09-0.130.380.170.31-0.06-0.190.330.160.260.38
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About Granite Construction Financial Statements

Granite Construction stakeholders use historical fundamental indicators, such as Granite Construction's Gross Profit, to determine how well the company is positioned to perform in the future. Although Granite Construction investors may analyze each financial statement separately, they are all interrelated. For example, changes in Granite Construction's assets and liabilities are reflected in the revenues and expenses on Granite Construction's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Granite Construction Incorporated. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit396.4 M263.2 M
Gross Profit Margin 0.11  0.14 

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When determining whether Granite Construction offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Granite Construction's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Granite Construction Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Granite Construction Incorporated Stock:
Check out the analysis of Granite Construction Correlation against competitors.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Granite Construction. If investors know Granite will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Granite Construction listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.38
Dividend Share
0.52
Earnings Share
2.36
Revenue Per Share
90.257
Quarterly Revenue Growth
0.142
The market value of Granite Construction is measured differently than its book value, which is the value of Granite that is recorded on the company's balance sheet. Investors also form their own opinion of Granite Construction's value that differs from its market value or its book value, called intrinsic value, which is Granite Construction's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Granite Construction's market value can be influenced by many factors that don't directly affect Granite Construction's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Granite Construction's value and its price as these two are different measures arrived at by different means. Investors typically determine if Granite Construction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Granite Construction's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.