Granite Construction Inc (GVA) stock
GVANYSEHeavy Construction Other Than Bldg Const - ContractorsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 11/304% above fair value
$124.52−1.21 (-0.96%)
Close on Nov 13, 2026Market cap $5.50BP/E –Yield 0.42%
Granite Construction operating margin
Operating margin is operating income as a percentage of revenue.
Granite Construction's operating margin for the twelve months ending Sep 30, 2026 was 7.5%. For fiscal 2025 it was 6.4%, against 5.2% the year before. The highest annual figure on record is 8.1% in fiscal 2008.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 6.4% | +1.2 |
| FY2024 | Dec 31, 2024 | 5.2% | +2.9 |
| FY2023 | Dec 31, 2023 | 2.3% | −0.3 |
| FY2022 | Dec 31, 2022 | 2.6% | +1.9 |
| FY2021 | Dec 31, 2021 | 0.7% | +5.2 |
| FY2020 | Dec 31, 2020 | -4.4% | −3.0 |
| FY2019 | Dec 31, 2019 | -1.4% | −1.7 |
| FY2018 | Dec 31, 2018 | 0.2% | −1.9 |
| FY2017 | Dec 31, 2017 | 2.1% | −1.6 |
| FY2016 | Dec 31, 2016 | 3.7% | −1.0 |
| FY2015 | Dec 31, 2015 | 4.7% | +1.8 |
| FY2014 | Dec 31, 2014 | 2.9% | +5.3 |
| FY2013 | Dec 31, 2013 | -2.4% | −6.3 |
| FY2012 | Dec 31, 2012 | 3.9% | −1.1 |
| FY2011 | Dec 31, 2011 | 4.9% | +11.1 |
| FY2010 | Dec 31, 2010 | -6.2% | −12.8 |
| FY2009 | Dec 31, 2009 | 6.6% | −1.5 |
| FY2008 | Dec 31, 2008 | 8.1% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 12.7% | +2.7 |
| Q2 FY2026 | Jun 30, 2026 | 8.7% | −0.5 |
| Q1 FY2026 | Mar 31, 2026 | -3.4% | +2.3 |
| Q4 FY2025 | Dec 31, 2025 | 6.4% | +0.2 |
| Q3 FY2025 | Sep 30, 2025 | 10.0% | +1.8 |
| Q2 FY2025 | Jun 30, 2025 | 9.2% | +1.3 |
| Q1 FY2025 | Mar 31, 2025 | -5.7% | +0.8 |
| Q4 FY2024 | Dec 31, 2024 | 6.2% | +4.0 |
| Q3 FY2024 | Sep 30, 2024 | 8.2% | +1.6 |
| Q2 FY2024 | Jun 30, 2024 | 7.9% | +4.7 |
| Q1 FY2024 | Mar 31, 2024 | -6.4% | +1.3 |
| Q4 FY2023 | Dec 31, 2023 | 2.2% | +0.1 |
| Q3 FY2023 | Sep 30, 2023 | 6.6% | +1.2 |
| Q2 FY2023 | Jun 30, 2023 | 3.2% | −0.3 |
| Q1 FY2023 | Mar 31, 2023 | -7.7% | −5.3 |
| Q4 FY2022 | Dec 31, 2022 | 2.1% | +2.3 |
| Q3 FY2022 | Sep 30, 2022 | 5.4% | +1.3 |
| Q2 FY2022 | Jun 30, 2022 | 3.5% | −0.1 |
| Q1 FY2022 | Mar 31, 2022 | -2.4% | +9.5 |
| Q4 FY2021 | Dec 31, 2021 | -0.2% | −1.2 |
| Q3 FY2021 | Sep 30, 2021 | 4.1% | +13.1 |
| Q2 FY2021 | Jun 30, 2021 | 3.6% | +3.9 |
| Q1 FY2021 | Mar 31, 2021 | -11.9% | +2.9 |
| Q4 FY2020 | Dec 31, 2020 | 1.0% | −0.4 |
| Q3 FY2020 | Sep 30, 2020 | -9.0% | −13.8 |
| Q2 FY2020 | Jun 30, 2020 | -0.3% | +3.0 |
| Q1 FY2020 | Mar 31, 2020 | -14.8% | −1.2 |
| Q4 FY2019 | Dec 31, 2019 | 1.4% | +6.2 |
| Q3 FY2019 | Sep 30, 2019 | 4.8% | −3.0 |
| Q2 FY2019 | Jun 30, 2019 | -3.3% | −5.0 |
| Q1 FY2019 | Mar 31, 2019 | -13.6% | −9.0 |
| Q4 FY2018 | Dec 31, 2018 | -4.9% | −5.9 |
| Q3 FY2018 | Sep 30, 2018 | 7.8% | +0.8 |
| Q2 FY2018 | Jun 30, 2018 | 1.7% | −1.5 |
| Q1 FY2018 | Mar 31, 2018 | -4.6% | +3.2 |
| Q4 FY2017 | Dec 31, 2017 | 1.0% | −3.3 |
| Q3 FY2017 | Sep 30, 2017 | 7.0% | – |
| Q2 FY2017 | Jun 30, 2017 | 3.1% | – |
| Q1 FY2017 | Mar 31, 2017 | -7.8% | – |
| Q4 FY2016 | Dec 31, 2016 | 4.3% | – |
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