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Granite Construction GVA Q4 2024 Annual earnings

Reported February 13, 2025 · Before market open

Revenue$977.3MBeat by $270.6M
EPS$1.23Miss by $0.19
Revenue estimate$706.7M
EPS estimate$1.42

Next report

Jul 30, 2026 (Tomorrow)
Revenue estimate$1.4B
EPS estimate$2.28

Financials

Q4 2024

Income statement

See full
Revenue$977.3M+4.7%
Gross profit$150.8M+59.8%
Operating income$60.5M+193%
Net income$41.5M+59.6%
EPS (diluted)$0.83+45.6%

Balance sheet

See full
Cash & equivalents$578.3M+38.5%
Total debt$832.9M+13.3%
Total equity$1.0B+3.9%
Total assets$3.0B+7.5%

Cash flow

See full
Operating cash flow$172.8M+15.6%
CapEx$28.2M-10.1%
Free cash flow$144.6M+22.4%

Valuation & ratios

Valuation

as of 12/31/24
See full
Market cap$3.83B+71.6%
Enterprise value$4.09B+60.2%
P/E30.3×-20.9×
P/S+0.3×

Profitability

See full
Gross margin14.3%+3.0pp
Operating margin5.2%+2.9pp
Net margin3.2%+1.9pp
FCF margin8%+6.7pp

Returns & leverage

See full
Return on equity12.7%+8.2pp
Debt / equity0.8×+0.1×
Current ratio1.7×+0.1×

Segments

By segment

See full
Construction$821.4M+3.5%
Constructions$821.4M+3.5%
Materials$156.0M+11.4%

Versus estimates

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Questions, answered.

When did Granite Construction report Q4 2024 earnings?
Granite Construction (GVA) reported Q4 2024 earnings on February 13, 2025 before market open.
What were Granite Construction's Q4 2024 revenue and EPS?
Granite Construction reported revenue of $977.3M and eps of $1.23 for Q4 2024.
Did Granite Construction beat estimates in Q4 2024?
Revenue beat the consensus estimate of $706.7M by $270.6M. EPS missed the consensus estimate of $1.42 by $0.19.
Where can I find Granite Construction's Q4 2024 SEC filings?
You can read the 10-K periodic report (0000861459-25-000007) directly on SEC EDGAR. The filing index links above go to sec.gov.