Granite Construction financials
$116.27+0.43%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.42B | $4.01B | $3.51B | $3.30B | $3.50B | $3.56B | $2.91B | $3.29B | $2.96B | $2.51B |
| Gross profit | $711.2M | $572.7M | $396.4M | $369.5M | $362.6M | $344.8M | $189.8M | $334.8M | $278.7M | $301.4M |
| Gross margin | 16.1% | 14.3% | 11.3% | 11.2% | 10.4% | 9.7% | 6.5% | 10.2% | 9.4% | 12.0% |
| Operating income | $262.2M | $198.6M | $51.7M | $72.8M | -$41.7M | -$165.3M | -$55.1M | $544.0K | $58.3M | $84.0M |
| Net income | $193.0M | $126.3M | $43.6M | $83.3M | $10.1M | -$145.1M | -$60.2M | $582.0K | $34.1M | $57.1M |
| Net margin | 4.4% | 3.2% | 1.2% | 2.5% | 0.3% | −4.1% | −2.1% | 0.0% | 1.2% | 2.3% |
| Diluted EPS | $3.86 | $2.62 | $0.97 | $1.70 | $0.21 | $-3.18 | $-1.29 | $0.01 | $0.84 | $1.42 |
| EBITDA | $424.7M | $324.9M | $144.0M | $155.3M | $67.3M | $104.4M | $66.9M | $173.6M | $124.7M | $148.4M |
| Operating cash flow | $468.9M | $456.3M | $183.7M | $55.6M | $21.9M | $268.5M | $111.4M | $86.4M | $146.2M | $73.1M |
| Free cash flow | $330.6M | $319.9M | $43.3M | -$66.0M | -$72.9M | $175.2M | $4.6M | -$24.7M | $78.5M | -$17.8M |
| Diluted shares | 53.1M | 52.5M | 52.6M | 52.3M | 47.6M | 45.6M | 46.6M | 44.0M | 40.4M | 40.2M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $529.2M | $578.3M | $417.7M | $294.0M | $395.6M | $425.3M |
| Short-term investments | $205.7M | $148.2M | $207.1M | $223.2M | $189.9M | $188.8M |
| Total debt | $1.34B | $739.0M | $654.7M | $288.4M | $339.9M | $338.8M |
| Total assets | $4.03B | $3.03B | $2.81B | $2.17B | $2.49B | $2.38B |
| Total liabilities | $2.81B | $1.95B | $1.79B | $1.18B | $1.50B | $1.39B |
| Shareholders' equity | $1.22B | $1.08B | $1.03B | $985.1M | $995.6M | $991.6M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology