GVA Stock Analysis: Granite Construction | NYSE
Engineering & Construction | NYSE, USA | Market Cap: 6.384m USD | 12M Return: 55.6% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 121M
EPS Trend: 98.7%
Qual. Beats: 1
Rev. Trend: 98.6%
Qual. Beats: 1
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Granite Construction Incorporated (NYSE: GVA) is a U.S.-based infrastructure solutions provider operating through two segments: Construction and Materials. The Construction segment handles roads, bridges, airports, rail, dams, marine ports, and site development for public and private clients, while the Materials segment produces aggregates, asphalt, and recycled materials for both internal use and third-party sale. The company also offers site preparation, mining, and construction management services, and owns aggregate reserves and processing plants. Granite serves a broad customer base including federal agencies, state DOTs, local transit authorities, utilities, developers, and private site owners. Incorporated in 1922 and headquartered in Watsonville, California, Granite has been publicly traded since 1990 and operates within the heavy civil construction industry, where revenue is closely tied to public infrastructure budgets and transportation spending at the federal, state, and municipal levels.
- IIJA infrastructure funding lifts Granites transportation project backlog
- Materials segment margins face asphalt and aggregate pricing pressure
- State DOT contract awards accelerate Construction segment revenue
| Net Income: 185.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA -2.16 > 1.0 |
| NWC/Revenue: 2.71% < 20% (prev 13.52%; Δ -10.81% < -1%) |
| CFO/TA 0.11 > 3% & CFO 434.4m > Net Income 185.0m |
| Net Debt (1.24b) to EBITDA (512.0m): 2.41 < 3 |
| Current Ratio: 1.09 > 1.5 & < 3 |
| Outstanding Shares: last quarter (43.5m) vs 12m ago 0.15% < -2% |
| Gross Margin: 15.90% > 18% (prev 14.93%; Δ 0.97% > 0.5%) |
| Asset Turnover: 138.7% > 50% (prev 138.8%; Δ -0.09% > 0%) |
| Interest Coverage Ratio: 6.03 > 6 (EBIT TTM 336.2m / Interest Expense TTM 55.8m) |
| A: 0.03 (Total Current Assets 1.60b - Total Current Liabilities 1.48b) / Total Assets 3.78b |
| B: 0.19 (Retained Earnings 727.2m / Total Assets 3.78b) |
| C: 0.10 (EBIT TTM 336.2m / Avg Total Assets 3.34b) |
| D: 0.38 (Book Value of Equity 1.03b / Total Liabilities 2.70b) |
| Altman-Z'' = 1.92 = BBB |
| DSRI: 1.07 (Receivables 920.5m/745.9m, Revenue 4.64b/4.03b) |
| GMI: 0.94 (GM 14.93% / 15.90%) |
| AQI: 1.02 (AQ_t 0.21 / AQ_t-1 0.20) |
| SGI: 1.15 (Revenue 4.64b / 4.03b) |
| TATA: -0.07 (NI 185.0m - CFO 434.4m) / TA 3.78b) |
| Beneish M = -2.91 (Cap -4..+1) = A |
As of July 09, 2026, the stock is trading at USD 143.52 with a total of 390,842 shares traded. Over the past week, the price has changed by -9.21%, over one month by +2.71%, over three months by +14.05% and over the past year by +55.56%.
Current recommended Stop Loss: 131.50 (which is 8.4% or 2.2 ATR below the current price).
Granite Construction has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy GVA.
- StrongBuy: 2
- Buy: 0
- Hold: 0
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 169.3 | 18% |
P/E Trailing = 39.8716
P/E Forward = 22.1239
P/S = 1.3767
P/B = 6.1853
P/EG = 0.177
Revenue TTM = 4.64b USD
EBIT TTM = 336.2m USD
EBITDA TTM = 512.0m USD
Long Term Debt = 861.2m USD (from longTermDebt, last quarter)
Short Term Debt = 412.1m USD (from shortTermDebt, last quarter)
Debt = 1.55b USD (from shortLongTermDebtTotal, last quarter) + Leases 155.0m
Net Debt = 1.24b USD (calculated: Debt 1.55b - CCE 314.9m)
Enterprise Value = 7.62b USD (6.38b + Debt 1.55b - CCE 314.9m)
Interest Coverage Ratio = 6.03 (Ebit TTM 336.2m / Interest Expense TTM 55.8m)
EV/FCF = 25.22x (Enterprise Value 7.62b / FCF TTM 302.2m)
FCF Yield = 3.97% (FCF TTM 302.2m / Enterprise Value 7.62b)
FCF Margin = 6.52% (FCF TTM 302.2m / Revenue TTM 4.64b)
Net Margin = 3.99% (Net Income TTM 185.0m / Revenue TTM 4.64b)
Gross Margin = 15.90% ((Revenue TTM 4.64b - Cost of Revenue TTM 3.90b) / Revenue TTM)
Gross Margin QoQ = 12.04% (prev 14.39%)
Tobins Q-Ratio = 2.02 (Enterprise Value 7.62b / Total Assets 3.78b)
Interest Expense / Debt = 3.60% (Interest Expense 55.8m / Debt 1.55b)
Taxrate = 24.29% (68.1m / 280.4m)
NOPAT = 254.5m (EBIT 336.2m * (1 - 24.29%))
Current Ratio = 1.09 (Total Current Assets 1.60b / Total Current Liabilities 1.48b)
Debt / Equity = 1.50 (Debt 1.55b / totalStockholderEquity, last quarter 1.03b)
Debt / EBITDA = 2.41 (Net Debt 1.24b / EBITDA 512.0m)
Debt / FCF = 4.09 (Net Debt 1.24b / FCF TTM 302.2m)
Total Stockholder Equity = 1.11b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.53% (Net Income 185.0m / Total Assets 3.78b)
RoE = 16.70% (Net Income TTM 185.0m / Total Stockholder Equity 1.11b)
RoCE = 17.08% (EBIT 336.2m / Capital Employed (Equity 1.11b + L.T.Debt 861.2m))
RoIC = 10.26% (NOPAT 254.5m / Invested Capital 2.48b)
WACC = 8.26% (E(6.38b)/V(7.93b) * Re(9.61%) + D(1.55b)/V(7.93b) * Rd(3.60%) * (1-Tc(0.24)))
Discount Rate = 9.61% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -2.22 | Cagr: -8.84%
[DCF] Terminal Value 75.75% ; FCFF base≈299.4m ; Y1≈306.6m ; Y5≈337.7m
[DCF] Fair Price = 91.32 (EV 5.23b - Net Debt 1.24b = Equity 3.99b / Shares 43.7m; r=8.35% [WACC [floored]]; 5y FCF grow 2.38% → 2.50% )
EPS Correlation: 98.67 | EPS CAGR: 39.60% | SUE: 3.80 | # QB: 1
Revenue Correlation: 98.61 | Revenue CAGR: 12.57% | SUE: 3.48 | # QB: 1
EPS current Quarter (2026-06-30): EPS=2.33 | Chg30d=-0.34% | Revisions=+17% | Analysts=5
EPS next Quarter (2026-09-30): EPS=3.16 | Chg30d=-0.27% | Revisions=+50% | Analysts=5
EPS current Year (2026-12-31): EPS=6.75 | Chg30d=+2.15% | Revisions=+57% | GrowthEPS=+11.2% | GrowthRev=+19.3%
EPS next Year (2027-12-31): EPS=7.68 | Chg30d=+4.94% | Revisions=+29% | GrowthEPS=+13.7% | GrowthRev=+7.5%
[Analyst] Revisions Ratio: +59% (up=12, down=2)