Granite Construction Inc. (GVA) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Jul 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GVA SEC filings page.
Granite Construction Inc. (GVA) reported $5.0B in revenue over the twelve months to Jun 30, 2026, up 21.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Granite’s recent growth is converting into wider margins and cash, but it is also being financed with a heavier liability load.
By FY2025, revenue reached$4.4B and operating margin reached6.4% , showing that recent expansion carried more profit through the cost structure. Free cash flow reached$330.6M against$468.9M of operating cash flow, so earnings were translating into cash even after capital investment.
Liabilities rose from
Gross profit increased from
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Granite Construction Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Granite Construction Inc. has an operating margin of 6.4%, meaning the company retains $6 of operating profit per $100 of revenue. This results in a moderate score of 46/100, indicating healthy but not exceptional operating efficiency. This is up from 5.2% the prior year.
Granite Construction Inc.'s revenue grew 10.4% year-over-year to $4.4B, a solid pace of expansion. This earns a growth score of 70/100.
Granite Construction Inc. has a moderate D/E ratio of 0.82. This balance of debt and equity financing earns a leverage score of 48/100.
Granite Construction Inc.'s current ratio of 1.22 indicates adequate short-term liquidity, earning a score of 30/100. The company can meet its near-term obligations, though with limited headroom.
Granite Construction Inc. has a free cash flow margin of 7.5%, earning a moderate score of 52/100. The company generates positive cash flow after capital investments, but with room for improvement.
Granite Construction Inc.'s ROE of 16.4% shows moderate profitability relative to equity, earning a score of 61/100. This is up from 12.4% the prior year.
Granite Construction Inc. scores 2.75, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Granite Construction Inc. passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Granite Construction Inc. generates $2.43 in operating cash flow ($468.9M OCF vs $193.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Granite Construction Inc. earns $5.98 in operating income for every $1 of interest expense ($282.4M vs $47.2M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Granite Construction Inc. generated $1.5B in revenue in Q2 2026. This represents an increase of 29.3% from the same quarter a year earlier. Against the prior quarter it is up 59.6%.
Granite Construction Inc.'s EBITDA was $171.7M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 25.2% from the same quarter a year earlier. Against the prior quarter it is up 1477.9%.
Granite Construction Inc. reported -$278.2M in net income in Q2 2026. This represents a decrease of 488.0% from the same quarter a year earlier. Against the prior quarter it is down 567.1%.
Granite Construction Inc. earned -$6.36 per diluted share (EPS) in Q2 2026. This represents a decrease of 547.9% from the same quarter a year earlier. Against the prior quarter it is down 562.5%.
Cash & Balance Sheet
Granite Construction Inc. generated $142.7M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 628.0% from the same quarter a year earlier. Against the prior quarter it is up 350.3%.
Granite Construction Inc. held $877.1M in cash against $1.2B in long-term debt as of Q2 2026.
Granite Construction Inc. paid $0.13 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.
Margins & Returns
Granite Construction Inc.'s gross margin was 16.4% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 1.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.4 percentage points.
Granite Construction Inc.'s operating margin was 8.7% in Q2 2026, reflecting core business profitability. This is down 0.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 12.1 percentage points.
Granite Construction Inc.'s net profit margin was -19.1% in Q2 2026, showing the share of revenue converted to profit. This is down 25.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 14.5 percentage points.
Granite Construction Inc.'s ROE was -37.0% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 43.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 32.9 percentage points.
Capital Allocation
Granite Construction Inc. spent $228K on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 111.1% from the same quarter a year earlier. Against the prior quarter it is down 98.8%.
Granite Construction Inc. invested $29.7M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 3.2% from the same quarter a year earlier. Against the prior quarter it is up 13.7%.
Not reported for Q2 2026.
GVA Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.5B+29.3% | $912.5M+30.4% | $1.2B+19.2% | $1.4B+12.4% | $1.1B+4.0% | $699.5M+4.1% | $977.3M+4.7% | $1.3B+14.2% |
| Cost of Revenue | $1.2B+31.3% | $802.6M+30.3% | $997.6M+20.7% | $1.2B+9.4% | $926.9M+1.0% | $615.7M-0.4% | $826.6M-1.5% | $1.1B+12.9% |
| Gross Profit | $238.8M+19.9% | $109.9M+31.1% | $167.7M+11.3% | $260.5M+28.4% | $199.1M+20.9% | $83.8M+54.5% | $150.8M+59.8% | $202.9M+21.8% |
| SG&A Expenses | $107.8M+25.5% | $140.9M+21.6% | $104.1M+23.3% | $101.6M+10.9% | $85.9M+22.6% | $115.9M+31.7% | $84.5M+3.0% | $91.7M+22.5% |
| Operating Income | $126.8M+22.4% | -$31.1M+21.7% | $75.0M+23.8% | $143.7M+37.7% | $103.6M+20.7% | -$39.8M+8.2% | $60.5M+193.4% | $104.3M+41.3% |
| EBITDA | $171.7M+25.2% | $10.9M+213.6% | $126.9M+21.2% | $190.5M+43.3% | $137.1M+24.3% | -$9.6M+32.7% | $104.7M+120.0% | $133.0M+36.2% |
| Interest Expense | $21.8M+174.5% | $16.3M+110.5% | $18.2M+131.1% | $13.4M+69.1% | $7.9M+48.5% | $7.8M-4.0% | $7.9M+19.8% | $7.9M+62.1% |
| Income Tax | $32.2M+18.5% | -$12.1M-3.1% | $14.9M-22.1% | $38.1M+49.7% | $27.2M+31.5% | -$11.8M-23.4% | $19.1M+130.6% | $25.5M+13.6% |
| Net Income | -$278.2M-488.0% | -$41.7M-23.9% | $52.0M+25.6% | $102.9M+30.4% | $71.7M+94.3% | -$33.7M-8.6% | $41.4M+59.4% | $79.0M+37.0% |
| EPS (Basic) | -$6.36-487.8% | -$0.96-24.7% | $1.19+25.3% | $2.35+29.8% | $1.64+95.2% | -$0.77-10.0% | $0.95+61.0% | $1.81+38.2% |
| EPS (Diluted) | -$6.36-547.9% | -$0.96-24.7% | $1.03+24.1% | $1.98+26.1% | $1.42+86.8% | -$0.77-10.0% | $0.83+45.6% | $1.57+38.9% |
| Diluted Shares (Avg) | 44M-17.1% | 44M+0.2% | N/A | 54M+2.3% | 53M+0.1% | 43M-1.2% | N/A | 52M-2.3% |
Not reported in any period shown, so not listed: R&D Expenses.
GVA Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.8B+53.9% | $3.8B+30.0% | $4.0B+33.2% | $4.1B+32.4% | $3.1B+7.8% | $2.9B+12.0% | $3.0B+7.5% | $3.1B+21.3% |
| Current Assets | $2.5B+44.8% | $1.6B+7.0% | $1.8B+5.6% | $2.0B+9.1% | $1.7B-0.9% | $1.5B+5.7% | $1.7B+4.5% | $1.8B+7.0% |
| Cash & Equivalents | $877.1M+172.4% | $265.7M-29.9% | $529.2M-8.5% | $441.8M-4.4% | $322.0M-12.2% | $379.1M+17.8% | $578.3M+38.5% | $462.3M+58.2% |
| Short-Term Investments | $36.9M-41.8% | $49.2M+12.5% | $71.0M+871.4% | $105.4M+939.1% | $63.3M+502.7% | $43.7M+182.0% | $7.3M-79.6% | $10.1M-67.6% |
| Inventory | $182.1M+44.0% | $168.8M+31.4% | $143.1M+32.3% | $145.2M+34.5% | $126.5M+6.2% | $128.4M+9.8% | $108.2M+4.1% | $108.0M+17.2% |
| Long-Term Investments | $17.6M-82.1% | $32.6M-63.9% | $49.5M | $69.3M | $98.1M | $90.3M | $0 | $0-100.0% |
| Goodwill | $446.0M+107.3% | $400.5M+86.9% | $400.8M+86.9% | $391.7M+85.1% | $215.2M+46.6% | $214.3M+33.2% | $214.5M+38.4% | $211.6M+185.0% |
| Total Liabilities | $4.0B+97.0% | $2.7B+43.6% | $2.9B+41.8% | $3.0B+40.8% | $2.0B+4.8% | $1.9B+16.1% | $2.0B+9.5% | $2.1B+30.7% |
| Current Liabilities | $2.4B+124.8% | $1.5B+55.1% | $1.5B+43.6% | $1.6B+40.3% | $1.1B+5.9% | $953.6M+1.8% | $1.0B+0.2% | $1.2B+10.3% |
| Non-Current Liabilities | $1.6B+66.2% | $1.3B+32.2% | $1.4B+40.0% | $1.4B+41.3% | $967.1M+3.6% | $959.9M+34.8% | $978.5M+21.3% | $959.0M+68.7% |
| Long-Term Debt | $1.2B+60.7% | $861.2M+16.6% | $963.2M+30.5% | $966.3M+31.0% | $733.0M-0.6% | $738.6M+43.9% | $737.9M+20.0% | $737.5M+82.6% |
| Total Equity | $752.7M-29.2% | $1.0B+3.9% | $1.2B+16.1% | $1.2B+14.8% | $1.1B+14.1% | $993.5M+5.0% | $1.0B+3.9% | $1.0B+5.4% |
| Retained Earnings | $443.3M-29.8% | $727.2M+28.7% | $774.6M+28.1% | $728.3M+28.0% | $631.2M+27.3% | $565.2M+21.5% | $604.6M+20.5% | $568.9M+18.1% |
Not reported in any period shown, so not listed: Accounts Receivable.
GVA Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $172.4M+9526.8% | -$30.9M-946.5% | $179.3M+3.8% | $284.2M+8.7% | $1.8M+190.0% | $3.6M-84.9% | $172.8M+15.6% | $261.5M+70.7% |
| Depreciation & Amortization | $44.9M+33.9% | $42.0M+39.2% | $48.8M+43.4% | $46.8M+63.4% | $33.5M+37.2% | $30.2M+3.8% | $34.0M+26.2% | $28.7M+20.6% |
| Stock-Based Compensation | N/A | $41.2M+27.8% | N/A | N/A | N/A | $32.2M+149.8% | N/A | N/A |
| Capital Expenditures | $29.7M+3.2% | $26.1M-18.8% | $50.5M+79.0% | $26.7M-35.3% | $28.8M-26.1% | $32.2M+15.6% | $28.2M-10.1% | $41.3M+41.1% |
| Free Cash Flow | $142.7M+628.0% | -$57.0M-99.6% | $128.8M-10.9% | $257.5M+16.9% | -$27.0M+34.1% | -$28.6M-651.9% | $144.6M+22.4% | $220.2M+77.7% |
| Investing Cash Flow | -$136.9M-168.8% | $22.5M+114.4% | -$45.9M-163.2% | -$740.5M-360.0% | -$50.9M-29.4% | -$156.3M-1352.4% | -$17.4M+93.5% | -$161.0M-546.7% |
| Financing Cash Flow | $575.9M+7387.3% | -$255.1M-447.6% | -$46.0M-16.9% | $576.2M+11763.0% | -$7.9M-109.2% | -$46.6M+57.3% | -$39.3M-116.0% | -$4.9M+90.2% |
| Dividends Paid | $5.7M0.0% | $5.7M+0.1% | $5.7M+0.1% | $5.7M+0.2% | $5.7M-0.9% | $5.7M-1.1% | $5.7M-0.5% | $5.7M-0.5% |
| Share Buybacks | $228K+111.1% | $18.4M+21.3% | $26.6M-9.0% | $6.3M+2517.9% | $108K-99.2% | $15.2M+105.1% | $29.2M+12956.7% | $240K+79.1% |
GVA Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 16.4%-1.3pp | 12.0%0.0pp | 14.4%-1.0pp | 18.2%+2.3pp | 17.7%+2.5pp | 12.0%+3.9pp | 15.4%+5.3pp | 15.9%+1.0pp |
| Operating Margin | 8.7%-0.5pp | -3.4%+2.3pp | 6.4%+0.2pp | 10.0%+1.8pp | 9.2%+1.3pp | -5.7%+0.8pp | 6.2%+4.0pp | 8.2%+1.6pp |
| Net Margin | -19.1%-25.5pp | -4.6%+0.2pp | 4.5%+0.2pp | 7.2%+1.0pp | 6.4%+3.0pp | -4.8%-0.2pp | 4.2%+1.5pp | 6.2%+1.0pp |
| Return on Equity | -37.0%-43.7pp | -4.0%-0.6pp | 4.4%+0.3pp | 8.9%+1.1pp | 6.8%+2.8pp | -3.4%-0.1pp | 4.1%+1.4pp | 7.8%+1.8pp |
| Return on Assets | -5.8%-8.1pp | -1.1%+0.1pp | 1.3%-0.1pp | 2.5%0.0pp | 2.3%+1.0pp | -1.2%0.0pp | 1.4%+0.5pp | 2.5%+0.3pp |
| Current Ratio | 1.01-0.6x | 1.09-0.5x | 1.22-0.4x | 1.21-0.3x | 1.57-0.1x | 1.57+0.1x | 1.66+0.1x | 1.560.0x |
| Debt-to-Equity | 1.56+0.9x | 0.83+0.1x | 0.82+0.1x | 0.84+0.1x | 0.69-0.1x | 0.74+0.2x | 0.73+0.1x | 0.73+0.3x |
| Asset Turnover | 0.30-0.1x | 0.240.0x | 0.290.0x | 0.35-0.1x | 0.360.0x | 0.240.0x | 0.320.0x | 0.410.0x |
| FCF Margin | 9.8%+12.2pp | -6.3%-2.2pp | 11.1%-3.7pp | 18.0%+0.7pp | -2.4%+1.4pp | -4.1%-3.5pp | 14.8%+2.1pp | 17.3%+6.2pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Granite Construction Inc. GVA | FY2025 | $4.4B | $193.0M | 4.4% | $5.0B | 51/100 |
| Arcosa, Inc. ACA | FY2025 | $2.9B | $208.4M | 7.2% | $7.2B | 57/100 |
| Everus Construction Group, Inc. ECG | FY2025 | $3.7B | $201.8M | 5.4% | $6.3B | 66/100 |
| Tutor Perini Corporation TPC | FY2025 | $5.5B | $80.4M | 1.5% | $4.4B | 55/100 |
| Fluor Corporation FLR | FY2025 | $15.5B | -$51.0M | -0.3% | $6.8B | 38/100 |
| Primoris Services Corporation PRIM | FY2025 | $7.6B | $274.9M | 3.6% | $4.5B | 63/100 |
Where Granite Construction Inc. Ranks
Frequently Asked Questions
What is Granite Construction Inc.'s annual revenue?
Granite Construction Inc. (GVA) reported $4.4B in total revenue for fiscal year 2025. This represents a 10.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Granite Construction Inc.'s revenue growing?
Granite Construction Inc. (GVA) revenue grew by 10.4% year-over-year, from $4.0B to $4.4B in fiscal year 2025.
Is Granite Construction Inc. profitable?
Yes, Granite Construction Inc. (GVA) reported a net income of $193.0M in fiscal year 2025, with a net profit margin of 4.4%.
What is Granite Construction Inc.'s EBITDA?
Granite Construction Inc. (GVA) had EBITDA of $444.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Granite Construction Inc. have?
As of fiscal year 2025, Granite Construction Inc. (GVA) had $529.2M in cash and equivalents against $963.2M in long-term debt.
What is Granite Construction Inc.'s gross margin?
Granite Construction Inc. (GVA) had a gross margin of 16.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Granite Construction Inc.'s operating margin?
Granite Construction Inc. (GVA) had an operating margin of 6.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Granite Construction Inc.'s net profit margin?
Granite Construction Inc. (GVA) had a net profit margin of 4.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Granite Construction Inc. pay dividends?
Yes, Granite Construction Inc. (GVA) paid $0.52 per share in dividends during fiscal year 2025.
What is Granite Construction Inc.'s return on equity (ROE)?
Granite Construction Inc. (GVA) has a return on equity of 16.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Granite Construction Inc.'s free cash flow?
Granite Construction Inc. (GVA) generated $330.6M in free cash flow during fiscal year 2025. This represents a 3.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Granite Construction Inc.'s operating cash flow?
Granite Construction Inc. (GVA) generated $468.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Granite Construction Inc.'s total assets?
Granite Construction Inc. (GVA) had $4.0B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Granite Construction Inc.'s capital expenditures?
Granite Construction Inc. (GVA) invested $138.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Granite Construction Inc.'s current ratio?
Granite Construction Inc. (GVA) had a current ratio of 1.22 as of fiscal year 2025, which is considered adequate.
What is Granite Construction Inc.'s debt-to-equity ratio?
Granite Construction Inc. (GVA) had a debt-to-equity ratio of 0.82 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Granite Construction Inc.'s return on assets (ROA)?
Granite Construction Inc. (GVA) had a return on assets of 4.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Granite Construction Inc.'s P/E ratio?
Granite Construction Inc. (GVA) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $5.0B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Granite Construction Inc.'s price-to-sales ratio?
Granite Construction Inc. (GVA) trades at 1.0x sales, its market capitalization divided by revenue of $5.0B revenue, trailing 12 months to June 30, 2026. The market capitalization is $5.0B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Granite Construction Inc.'s Altman Z-Score?
Granite Construction Inc. (GVA) has an Altman Z-Score of 2.75, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Granite Construction Inc.'s Piotroski F-Score?
Granite Construction Inc. (GVA) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Granite Construction Inc.'s earnings high quality?
Granite Construction Inc. (GVA) has an earnings quality ratio of 2.43x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Granite Construction Inc. cover its interest payments?
Granite Construction Inc. (GVA) has an interest coverage ratio of 5.98x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Granite Construction Inc.?
Granite Construction Inc. (GVA) scores 51 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.