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Granite Construction stock: growth
GVAGranite Construction reported $4.42B in revenue for fiscal 2025, up 10.4% on the prior year, up 4.4% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
2.1%
per year from 2006 to 2025, per share 1.8%
Earnings (Annual rate)
4.7%
per year from 2006 to 2025, per share 4.3%
Free cash flow (Annual rate)
4.5%
per year from 2006 to 2025, per share 4.1%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 4.4% | 6.4% | 2.1% |
| Revenue per share | 5.4% | 5.3% | 1.8% |
| Earnings | no data | 12.3% | 4.7% |
| Earnings per share | no data | 11.1% | 4.3% |
| Free cash flow | 13.5% | 30.7% | 4.5% |
| Free cash flow per share | 14.5% | 29.3% | 4.1% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $2.97B | $80.51M | $143.41M |
| 2007 | $2.74B | $112.07M | $116.18M |
| 2008 | $2.67B | $122.4M | $163.2M |
| 2009 | $1.96B | $73.5M | −$23.34M |
| 2010 | $1.76B | −$58.98M | −$7.69M |
| 2011 | $2.01B | $51.16M | $47.31M |
| 2012 | $2.08B | $45.28M | $54.17M |
| 2013 | $2.27B | −$36.42M | −$38.3M |
| 2014 | $2.28B | $25.35M | −$286K |
| 2015 | $2.37B | $60.49M | $22.8M |
| 2016 | $2.51B | $57.12M | −$17.82M |
| 2017 | $2.99B | $34.12M | $78.5M |
| 2018 | $3.32B | $582K | −$24.71M |
| 2019 | $2.91B | −$60.19M | $4.61M |
| 2020 | $3.56B | −$145.12M | $175.21M |
| 2021 | $3.5B | $10.1M | −$72.88M |
| 2022 | $3.3B | $83.3M | −$65.97M |
| 2023 | $3.51B | $43.6M | $43.32M |
| 2024 | $4.01B | $126.35M | $319.94M |
| 2025 | $4.42B | $193M | $330.65M |
Revenue by segment
How Granite Construction Incorporated makes its money and how that has shifted. Names are as the company reports them.
- Construction83%
- Materials17%
Figures as a table
| 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|
| Construction | $3.08B | $2.8B | $2.99B | $3.42B | $3.65B | 82.6% |
| Materials | $425.68M | $497.32M | $516.88M | $592.35M | $769.5M | 17.4% |
| Total revenue | $3.5B | $3.3B | $3.51B | $4.01B | $4.42B | 100% |
Revenue by region
Where Granite Construction Incorporated generates its revenue.
- Mountain40%
- California35%
- Central23%
- Other2%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2021 | 2022 | 2023 | Share 2023 | |
|---|---|---|---|---|
| Mountain | $1.35B | $1.32B | $1.4B | 39.9% |
| California | $1.07B | $1.08B | $1.22B | 34.8% |
| Central | $1.09B | $898.31M | $820.69M | 23.4% |
| Other | $0 | $0 | $67.36M | 1.9% |
| Total revenue | $3.5B | $3.3B | $3.51B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 30 Oct 2026)
- Valuation signal Undervalued since 13 Nov 2026, previously Fairly valued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.