Stocks · Industrials · Engineering & Construction
Granite Construction Incorporated GVA
$119.92 +2.63% Close, Oct 2, 2026 · NYSE · Market cap $5.25B
Next earnings report: Nov 5, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $-4.37, down 245.7% year over year.
- The diluted share count fell 16.8% in a year, mainly through buybacks.
- Net debt is 4.5× EBITDA, a high level of leverage.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 21%
- EPS growth (TTM, YoY)Bottom 4%
- FCF growth (TTM, YoY)Top 25%
- Revenue growth, 3-year CAGRTop 29%
- Revenue growth accelerationTop 13%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 24%
- Gross marginBottom 20%
- Operating marginBottom 46%
- Accruals (lower is better)Top 7%
- Net debt / EBITDA (lower is better)Bottom 19%
- Interest coverTop 47%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 26%
- Free-cash-flow yieldTop 13%
- EBITDA / enterprise valueBottom 26%
- Sales / enterprise valueTop 29%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 48%
- 6-month returnBottom 45%
- 1-year return vs S&P 500Top 45%
- Distance from 52-week highBottom 48%
- Trend checklist (0–4)Bottom 40%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 26%
- Consecutive EPS beatsBottom 16%
- Share of analysts rating BuyTop 36%
- Upside to consensus price targetTop 48%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 28%
- Maximum drawdown, 3 yearsTop 15%
- Beta vs S&P 500 (lower is better)Top 33%
- Net debt / EBITDA (lower is better)Bottom 19%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 14.9% | 21.8% | ↑ |
| EPS growth (YoY) | 49.6% | -245.7% | ↓ |
| Gross margin | 15.6% | 15.6% | ↑ |
| Operating margin | 5.5% | 6.0% | ↑ |
| FCF margin | 7.6% | 9.5% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 21.8% | 14.9% | ↑ | Top 21% |
| EPS growth (TTM, YoY) | -245.7% | 49.6% | ↓ | Bottom 4% |
| Gross margin | 15.6% | 15.6% | ↑ | Bottom 20% |
| Operating margin | 6.0% | 5.5% | ↑ | Bottom 46% |
| Net margin | -3.3% | 3.9% | ↓ | — |
| Free-cash-flow margin | 9.5% | 7.6% | ↑ | — |
| Return on invested capital | 10.7% | — | Top 24% | |
| Revenue growth, 3-year CAGR | 10.3% | — | Top 29% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -16.1%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -4.1 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 4.50×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 4.3×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.43%
- Net buyback yield (TTM)
- 0.98%
- Shareholder yield
- 1.42%
- Share count change, 1 year
- -16.8%
- Share count change, 3-year CAGR
- -0.1%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 30, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 3 of 8
- Average EPS surprise, last 4
- -4.8%
- Average 2-day reaction, last 8
- +1.5%
- Positive 20 days after report
- 6 of 8
Analysts
- Consensus price target
- $159.67
- Target vs current price
- +33.1%
- Analysts with a rating
- 15
- Share rating Buy or Strong Buy
- 67%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 30, 2026 | -4.0% | -2.5% | +4.6% | +5.2% | — |
| Apr 30, 2026 | -25.2% | +11.8% | +16.2% | +12.0% | +2.4% |
| Feb 12, 2026 | +4.5% | -3.0% | +0.3% | -7.1% | +6.5% |
| Nov 6, 2025 | +5.5% | -3.3% | -0.3% | +5.4% | +21.5% |
| Aug 7, 2025 | +9.0% | +8.1% | +19.2% | +16.0% | +10.2% |
| May 1, 2025 | -79.1% | -2.4% | -0.1% | +10.3% | +16.0% |
| Feb 13, 2025 | -3.1% | +0.6% | -2.4% | -16.5% | -4.8% |
| Oct 31, 2024 | -17.0% | +2.4% | +15.9% | +20.3% | +5.9% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 30, 2026 | $2.16 | $2.25 | -4.0% | $1.46B |
| Apr 30, 2026 | -$0.96 | -$0.77 | -25.2% | $912.5M |
| Feb 12, 2026 | $1.40 | $1.34 | +4.5% | $1.17B |
| Nov 6, 2025 | $2.70 | $2.56 | +5.5% | $1.43B |
| Aug 7, 2025 | $1.93 | $1.77 | +9.0% | $1.13B |
| May 1, 2025 | -$0.77 | -$0.43 | -79.1% | $699.5M |
| Feb 13, 2025 | $1.23 | $1.27 | -3.1% | $977.3M |
| Oct 31, 2024 | $2.05 | $2.47 | -17.0% | $1.28B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| EV / EBITDA | 32.1× | — | — | Bottom 26% |
| EV / Sales | 1.23× | — | — | Top 29% |
| Free-cash-flow yield | 8.99% | — | — | Top 13% |
| Earnings yield | -3.64% | — | — | Bottom 26% |
P/E over the past five years
Range 22.3× – 216.2× since Sep 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +10.9%
- Earnings per share growth (TTM)
- -245.7%
- Change in P/E multiple
- +15.5%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -6.4%
- 200-day average slope (20 days)
- +0.7%
- Distance from 50-day average
- -0.2%
- Distance from 200-day average
- -5.7%
- RSI (14)
- 55.2
- Relative volume
- 1.10×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 32.5%
- Volatility vs own 5-year history
- 70th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.88
- Correlation with S&P 500
- 0.41
- Current drawdown from 1-year high
- -25.2%
- Maximum drawdown, 3 years
- -30.8%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 23, 2021 | Sep 30, 2022 | -40.4% | 214 days | 85 days (Feb 2, 2023) |
| Jun 26, 2026 | Sep 24, 2026 | -30.8% | 62 days | Not yet recovered |
| Dec 4, 2024 | Mar 10, 2025 | -29.2% | 63 days | 104 days (Aug 7, 2025) |
| Mar 1, 2023 | Oct 25, 2023 | -22.5% | 165 days | 6 days (Nov 2, 2023) |
| Dec 27, 2023 | Feb 5, 2024 | -14.9% | 26 days | 21 days (Mar 6, 2024) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $5.25B
- EPS, diluted (TTM)
- -$4.37
- Revenue (TTM)
- $4.97B
- Dividend yield
- 0.43%
- 52-week range
- $97.26 – $162.08
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $3.50B | $3.30B | $3.51B | $4.01B | $4.42B |
| Gross profit | $362.6M | $369.5M | $396.4M | $572.7M | $711.2M |
| Operating income | $24.7M | $72.8M | $80.1M | $207.4M | $262.2M |
| Net income | $10.1M | $83.3M | $43.6M | $126.3M | $193.0M |
| EPS (diluted) | $0.22 | $1.70 | $0.83 | $2.62 | $3.63 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.28B | $977.3M | $699.5M | $1.13B | $1.43B | $1.17B | $912.5M | $1.46B |
| Net income | $79.0M | $41.5M | -$33.7M | $71.7M | $102.9M | $52.0M | -$41.7M | -$278.2M |
| EPS (diluted) | $1.57 | $0.78 | -$0.77 | $1.42 | $1.98 | $0.97 | -$0.96 | -$6.36 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $21.9M | $55.6M | $183.7M | $456.3M | $468.9M |
| Capital expenditure | -$94.8M | -$121.6M | -$140.4M | -$136.4M | -$138.3M |
| Free cash flow | -$72.9M | -$66.0M | $43.3M | $319.9M | $330.6M |
| Dividends paid | -$23.8M | -$23.3M | -$22.8M | -$22.8M | -$22.7M |
| Net share buybacks | -$2.7M | -$70.9M | -$4.1M | -$50.6M | -$48.2M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $1.05B
- Total assets
- $4.78B
- Total liabilities
- $3.97B
- Total debt
- $1.73B
- Net debt
- $855.3M
- Shareholders’ equity
- $752.7M
As of Jun 30, 2026 (filed Jul 30, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 30, 2026 | $0.13 | Oct 15, 2026 |
| Jun 30, 2026 | $0.13 | Jul 15, 2026 |
| Mar 31, 2026 | $0.13 | Apr 15, 2026 |
| Dec 31, 2025 | $0.13 | Jan 15, 2026 |
| Sep 30, 2025 | $0.13 | Oct 15, 2025 |
| Jun 30, 2025 | $0.13 | Jul 15, 2025 |
| Mar 31, 2025 | $0.13 | Apr 15, 2025 |
| Dec 31, 2024 | $0.13 | Jan 15, 2025 |
Short interest
- Shares sold short
- 3,852,064
- Days to cover
- 9.70
- Change vs previous report
- +10.4%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Apr 16, 2001
- 3-for-2
- Aug 10, 1998
- 3-for-2
- Apr 22, 1996
- 3-for-2