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Granite Construction GVA Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin15.9%+1.0pp16.1%+1.8pp16.4%+3.4pp15.6%+3.0pp14.9%+3.4pp
Operating margin6.3%+1.0pp6.4%+1.2pp6.3%+2.1pp5.6%+2.0pp5.2%+3.0pp
Net margin4%+0.9pp4.4%+1.2pp4.3%+1.5pp3.9%+1.5pp3.1%+2.1pp
EBITDA margin10%+1.6pp10.1%+1.7pp9.8%+2.6pp8.9%+2.4pp8.4%+3.4pp
Free cash flow margin6.5%-0.8pp7.5%-0.5pp8.2%+0.8pp7.6%+2.4pp7.3%+3.0pp
Returns
Return on equity18.3%+5.5pp17.6%+4.9pp16.9%+5.6pp15.9%+6.1pp12.7%+8.9pp
Return on assets5.5%+1.0pp5.5%+1.1pp5%+1.1pp5.3%+1.9pp4.5%+3.0pp
Return on invested capital12.2%+0.9pp12.6%+1.0pp11.1%+1.5pp11.6%+4.4pp11.3%+7.8pp
Efficiency
Asset turnover1.4×-0.1×1.3×-0.1×1.2×-0.2×1.4×-0.1×1.5×-0.1×
Inventory turnover26.2×-1.7×29.6×-2.8×28×-6.5×28×-3.5×28×-1.8×
Liquidity
Current ratio1.1×-0.5×1.2×-0.4×1.2×-0.3×1.6×-0.1×1.6×+0.1×
Quick ratio-0.5×1.1×-0.4×1.1×-0.3×1.5×-0.1×1.4×0.0×
Cash ratio0.2×-0.2×0.4×-0.2×0.3×-0.1×0.3×-0.1×0.4×+0.1×
Leverage
Debt-to-equity1.4×+0.5×1.3×+0.4×1.3×+0.5×0.8×-0.1×0.8×+0.2×
Debt-to-assets0.4×+0.1×0.4×+0.1×0.4×+0.1×0.3×0.0×0.3×0.0×
Net debt / EBITDA2.4×+1.1×2.2×+1.4×2.5×+1.3×1.4×-0.4×1.4×-0.4×
Interest coverage5.2×-2.1×-1.1×7.3×+1.3×7.3×+1.8×7.3×+3.9×
Per Share
Book value per share$23.71+3.7%$22.19+14.8%$21.58+12.2%$20.15+14.0%$22.86+6.2%
Valuation
Market capitalization$5.22B+59.2%$5.04B+31.3%$4.8B+38.6%$4.02B+46.9%$3.27B+30.4%
Enterprise value$6.35B+69.9%$6B+46.8%$5.86B+52.9%$4.54B+42.4%$3.73B+32.2%
Price / earnings28.2×+1.7×26.1×-4.3×26.3×-4.9×25.4×-5.2×26.5×-44.0×
Price / sales1.1×+0.3×1.1×+0.2×1.1×+0.3×+0.3×0.8×+0.1×
Price / book5.1×+1.8×4.3×+0.5×4.2×+0.7×3.8×+0.8×3.3×+0.6×
EV / EBITDA13.6×+2.6×13.5×+1.2×14.1×+0.7×12.5×-0.4×11×-4.5×
EV / sales1.4×+0.4×1.4×+0.3×1.4×+0.4×1.1×+0.3×0.9×+0.1×
Free cash flow yield5.8%-3.2pp6.6%-1.8pp7.2%-1.3pp7.7%+0.5pp9%+2.8pp
Earnings yield3.5%-0.2pp3.8%+0.5pp3.8%+0.6pp3.9%+0.7pp3.8%+2.4pp
Dividend yield0.4%-0.3pp0.5%-0.1pp0.5%-0.2pp0.6%-0.3pp0.7%-0.2pp
PEG ratio0.6×+0.5×0.5×+0.3×0.4×+0.2×0.3×-0.1×0.1×

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Questions, answered.

What are Granite Construction's profit margins?
Granite Construction (GVA) runs a 15.9% gross margin and a 6.3% operating margin, with a 4.0% net margin.
Where do Granite Construction's ratios come from?
Every ratio is computed from Granite Construction's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.