Granite Construction Financials

GVA Stock  USD 74.42  1.18  1.56%   
Based on the analysis of Granite Construction's profitability, liquidity, and operating efficiency, Granite Construction Incorporated is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in April. At present, Granite Construction's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 874.5 M, whereas Other Current Liabilities is forecasted to decline to about 187.1 M. Key indicators impacting Granite Construction's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.860.8204
Sufficiently Up
Slightly volatile
Current Ratio1.371.6635
Significantly Down
Slightly volatile
The financial analysis of Granite Construction is a critical element in measuring its lifeblood. Investors should not minimize Granite Construction's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

299.3 Million

  
Understanding current and past Granite Construction Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Granite Construction's financial statements are interrelated, with each one affecting the others. For example, an increase in Granite Construction's assets may result in an increase in income on the income statement.

Granite Construction Incorporated Earnings Geography

Please note, the presentation of Granite Construction's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Granite Construction's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Granite Construction's management manipulating its earnings.

Granite Construction Stock Summary

Granite Construction competes with EMCOR, Comfort Systems, Primoris Services, Construction Partners, and MYR. Granite Construction Incorporated operates as an infrastructure contractor and a construction materials producer in the United States. Granite Construction Incorporated was founded in 1922 and is headquartered in Watsonville, California. Granite Construction operates under Engineering Construction classification in the United States and is traded on New York Stock Exchange. It employs 1900 people.
Specialization
Industrials, Engineering & Construction
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS3873281071
CUSIP387328107
LocationCalifornia; U.S.A
Business Address585 West Beach
SectorConstruction & Engineering
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.graniteconstruction.com
Phone831 724 1011
CurrencyUSD - US Dollar

Granite Construction Key Financial Ratios

Granite Construction Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets2.4B2.5B2.2B2.8B3.0B3.2B
Other Current Liab450.7M536.2M269.8M320.9M303.8M187.1M
Net Debt(50.6M)(22.8M)26.6M317.4M254.5M267.2M
Retained Earnings424.8M410.8M481.4M501.8M604.6M495.2M
Cash436.1M395.6M294.0M417.7M578.3M607.2M
Net Receivables518.3M610.0M705.9M861.7M840.1M882.1M
Inventory82.4M62.0M86.8M103.9M108.2M113.6M
Other Current Assets449.2M569.9M37.4M53.1M41.8M39.7M
Total Liab1.4B1.5B1.2B1.8B1.9B2.0B
Total Current Assets1.5B1.8B1.3B1.6B1.7B888.7M
Short Term Debt8.3M8.7M20.1M56.8M21.3M31.0M
Accounts Payable321.3M324.3M334.4M408.4M407.2M215.7M
Common Stock457K458K437K439K434K444.4K
Other Liab66.9M67.8M65.9M66.1M76.0M50.4M
Other Assets290.8M92.0M81.4M(74.1M)(1.1B)(1.1B)
Long Term Debt330.5M331.2M286.9M614.8M737.9M774.8M
Good Will116.8M53.7M73.7M155.0M214.5M225.2M
Intangible Assets33.0M9.5M9.1M117.3M127.9M134.3M
Net Tangible Assets935.8M858.9M914.0M911.5M1.0B935.0M

Granite Construction Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense24.2M20.3M12.6M18.5M29.2M30.6M
Total Revenue3.6B3.0B3.3B3.5B4.0B2.2B
Gross Profit344.8M305.6M369.5M396.4M572.7M601.3M
Operating Income7.6M(23.0M)85.4M80.1M207.4M217.7M
Ebit(93.0M)(41.7M)71.0M78.3M225.4M236.6M
Ebitda(29.3M)67.3M153.5M170.6M351.7M369.3M
Cost Of Revenue3.2B2.7B2.9B3.1B3.4B1.9B
Income Before Tax(166.5M)(9.5M)91.8M59.9M196.2M206.0M
Net Income(166.2M)(8.3M)83.3M43.6M126.3M132.7M
Income Tax Expense(282K)(1.2M)13.0M30.3M55.7M58.5M
Minority Interest15.9M7.7M(4.4M)14.0M(14.1M)(13.4M)
Tax Provision(282K)(1.2M)13.0M30.3M55.7M58.5M
Interest Income3.1M15.6M6.5M17.5M24.3M25.6M
Net Interest Income(21.1M)(19.1M)(6.1M)(924K)(4.8M)(5.1M)
Extraordinary Items8.0M(28.8M)(164.4M)10.7M9.6M10.1M

Granite Construction Key Cash Accounts

202020212022202320242025 (projected)
Free Cash Flow4.6M(72.9M)(66.0M)43.3M319.9M335.9M
Depreciation213.9M30.8M82.6M92.3M126.3M65.5M
Other Non Cash Items4.0M9.4M(3.9M)9.6M156.3M164.1M
Capital Expenditures106.8M94.8M121.6M140.4M136.4M71.5M
Net Income(56.7M)2.4M78.9M43.6M140.4M147.5M
Investments(41.3M)(10M)(49.1M)(359.3M)(228.6M)(217.1M)
Net Borrowings15.9M(33.4M)(8.9M)(75.2M)(67.6M)(64.3M)
Change To Netincome(8.3M)197.0M(53.5M)20.0M23.0M27.7M

Granite Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Granite Construction's current stock value. Our valuation model uses many indicators to compare Granite Construction value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Granite Construction competition to find correlations between indicators driving Granite Construction's intrinsic value. More Info.
Granite Construction Incorporated is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.32  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Granite Construction Incorporated is roughly  3.10 . At present, Granite Construction's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Granite Construction's earnings, one of the primary drivers of an investment's value.

Granite Construction's Earnings Breakdown by Geography

Granite Construction Systematic Risk

Granite Construction's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Granite Construction volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Granite Construction correlated with the market. If Beta is less than 0 Granite Construction generally moves in the opposite direction as compared to the market. If Granite Construction Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Granite Construction is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Granite Construction is generally in the same direction as the market. If Beta > 1 Granite Construction moves generally in the same direction as, but more than the movement of the benchmark.

Granite Construction Thematic Clasifications

Granite Construction Incorporated is part of several thematic ideas from Construction to Military Industrial. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Granite Construction Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Granite Construction's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Granite Construction growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.17

At present, Granite Construction's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Granite Construction March 28, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Granite Construction help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Granite Construction Incorporated. We use our internally-developed statistical techniques to arrive at the intrinsic value of Granite Construction Incorporated based on widely used predictive technical indicators. In general, we focus on analyzing Granite Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Granite Construction's daily price indicators and compare them against related drivers.

Complementary Tools for Granite Stock analysis

When running Granite Construction's price analysis, check to measure Granite Construction's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Granite Construction is operating at the current time. Most of Granite Construction's value examination focuses on studying past and present price action to predict the probability of Granite Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Construction's price. Additionally, you may evaluate how the addition of Granite Construction to your portfolios can decrease your overall portfolio volatility.
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