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Granite Construction GVA Shares (Diluted)

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Other financials

Income statement

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Revenue$912.5M+30.4%
Gross profit$109.9M+31.1%
Operating income-$31.1M+21.7%
Net income-$41.7M-23.9%
EPS (diluted)-$0.96-24.7%

Balance sheet

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Cash & equivalents$265.7M-29.9%
Total debt$1.4B+66.5%
Total equity$1.0B+3.9%
Total assets$3.8B+30.0%

Cash flow

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Operating cash flow-$30.9M-947%
CapEx$26.1M-18.8%
Free cash flow-$57.0M-99.6%

Valuation

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Market cap$5.4B+32.2%
Enterprise value$6.53B+41.8%
P/E29.2×+3.4×
P/S1.2×+0.2×

Profitability

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Gross margin15.9%+1.0pp
Operating margin6.3%+1.0pp
Net margin4%+0.9pp
FCF margin6.5%-0.8pp

Returns & leverage

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Return on equity18.3%+5.5pp
Debt / equity1.4×+0.5×
Current ratio1.1×-0.5×

Where this comes from

Reported directly by Granite Construction in its filing.

Tagged under the XBRL concept us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding.

The source filing: Granite Construction’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:56 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000861459-26-000018
Line itemThree Months Ended March 31, 20262025
Amount attributable to non-controlling interests(5,310)(5,329)
Net loss attributable to Granite Construction Incorporated$(41,699)$(33,656)
Net loss per share attributable to common shareholders (see Note 15):
Basic$(0.96)$(0.77)
Diluted$(0.96)$(0.77)
Weighted average shares outstanding:
Basic43,52943,463
Diluted43,52943,463

Item 1. Financial Statements (unaudited)

FAQ

What is Granite Construction's shares (diluted)?
Granite Construction (GVA) reported shares (diluted) of 43.5M in Q1 2026.
How has Granite Construction's shares (diluted) changed year-over-year?
Granite Construction's shares (diluted) increased by 0.2% year-over-year, from 43.5M to 43.5M.
What is the long-term trend for Granite Construction's shares (diluted)?
Over 4 years (2021 to 2025), Granite Construction's shares (diluted) has grown at a 1.8% compound annual growth rate (CAGR), from 189M to 202.9M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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