profit from every $100 of sales.
$0$100
Granite Construction
$124.52-0.96% today
+21.2% in 1 year
1-year low $101.461-year high $160.39
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $28.47 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Granite Construction sold, what it kept, and what it did with the cash.
Sales went from $3.30 billion in 2022 to $4.42 billion in 2025, with $193 million of profit last year.
SalesProfit
Granite Construction handed back 21% of the cash it generated last year.
Buybacks $48M$23M
Free cash flow 2025$331M
Bought back its own shares$48M
Paid as dividends$23M
Cash vs. debt$529M vs. $1.5B
Granite Construction vs. similar companies
Granite Construction grows the slowest of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Granite Construction | 28.5× · Fair price | ||
 Quanta Services | 88.2× · Very expensive | ||
 Larsen & Toubro | 35.4× · Expensive | ||
 Ferrovial | 45.3× · Expensive | ||
 Comfort Systems USA | 38.1× · Expensive |
AI analysis
An AI analyst reads Granite Construction's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 3,562 | 3,502 | 3,301 | 3,509 | 4,008 | 4,424 | |
| 345 | 363 | 369 | 396 | 573 | 711 | |
| – | – | 73 | 52 | 199 | 262 | |
| -29 | 152 | 187 | 171 | 352 | 498 | |
| -145 | 10 | 83 | 44 | 126 | 193 | |
| -3.18 | 0.21 | 1.70 | 0.97 | 2.62 | 3.86 | |
| 9.7% | 10.4% | 11.2% | 11.3% | 14.3% | 16.1% | |
| – | – | 2.2% | 1.5% | 5.0% | 5.9% | |
| -4.1% | 0.3% | 2.5% | 1.2% | 3.2% | 4.4% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 2,380 | 2,495 | 2,168 | 2,814 | 3,026 | 4,030 |
| Cash | 425 | 396 | 294 | 418 | 578 | 529 |
| Total debt | 405 | 392 | 339 | 735 | 833 | 1,498 |
| Total liabilities | – | – | 1,183 | 1,787 | 1,946 | 2,809 |
| 976 | 968 | 953 | 977 | 1,015 | 1,179 | |
| 46 | 48 | 52 | 53 | 53 | 53 | |
| -8.1% | 2.5% | 6.4% | 3.6% | 9.6% | 9.9% | |
| -14.9% | 1.0% | 8.7% | 4.5% | 12.4% | 16.4% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 268 | 22 | 56 | 184 | 456 | 469 | |
| 93 | 95 | 122 | 140 | 136 | 138 | |
| 175 | -73 | -66 | 43 | 320 | 331 | |
| Dividends paid | 24 | 24 | 23 | 23 | 23 | 23 |
| 1 | 3 | 71 | 4 | 51 | 48 | |
| 6 | 6 | 8 | 10 | 20 | 39 |
Valuation
- 28.5×
- 20.8×
- –
- 4.7×
- 1.2×
- 16.6×
- 13.0×
- 6.0%
- 3.5%
- 0.4%
Profitability
- 16.1%
- 5.9%
- 4.4%
- 10.4%
- 10.2%
- 7.6%
- 16.7%
- 4.9%
- 12.0%
- –
Growth
- +4.4%
- –
- +3.3%
- +0.0%
- +0.5%
Financial health
- 1.9×
- 1.27
- 36.1%
- 7.1×
- 1.22
- 0.97
- 1.23
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 36%of 983
Bottom 31%of 991
Bottom 35%of 880
Bottom 38%of 990
Top 33%of 988
What analysts expect
- Average price target
- $143.50
- Range
- $132.00 – $155.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 30, 2026 | -0.26 | -0.77 | +66.1% |
| Feb 12, 2026 | 1.40 | 1.34 | +4.5% |
| Nov 6, 2025 | 2.70 | 2.56 | +5.5% |
| Aug 7, 2025 | 1.93 | 1.77 | +9.0% |
| May 1, 2025 | 0.01 | -0.43 | +102.3% |
| Feb 13, 2025 | 1.23 | 1.42 | −13.4% |
| Oct 31, 2024 | 2.05 | 2.47 | −17.0% |
| Aug 1, 2024 | 1.73 | 1.32 | +31.1% |
0.4%of the share price, paid each year
On $1,000 invested$4a year at today's yield, before tax
+0.0%2020 to 2025
Raised–not every year
Paid per share, each year
$0.52 in 2015 → $0.52 in 2025
How safe it looks
11.8% of its profit
Room to growStretchedMore than it earns: 6.9%
News
Granite Point Mortgage Trust Inc. 7% FLTG PFD SR A declares $0.4375 dividendSeeking Alpha · Sep 16, 2026The newest story we have is from Sep 16, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
43No pass
Benjamin Graham
38No pass
Philip Fisher
32No pass
Peter Lynch
35No pass
Joel Greenblatt
27No pass
Charlie Munger
25No pass
Terry Smith
31No pass
Questions about Granite Construction
Is Granite Construction a good stock to buy?
A business with weak numbers at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Granite Construction AI analysis
What does Granite Construction do?
Granite Construction Incorporated provides infrastructure solutions for public and private clients in the United States. It operates through Construction and Materials segments. It is in Engineering & Construction, based in Watsonville, CA, United States, with 2,500 employees.
Does Granite Construction pay a dividend?
Yes. At today's price the dividend is 0.4% a year, about 12% of its yearly profit. In 2025 it paid out $22.7 million in dividends.
Is Granite Construction stock halal?
Yes. Granite Construction passes our halal screen: its business is permitted and its debt is 27% of its market value, under the 30% limit. How we check
How has Granite Construction stock done over the past year?
Up 21.2% over the past twelve months, to $124.52. It traded between $101.46 and $160.39 and is 22.4% below its high.
Who are Granite Construction's competitors?
The largest listed companies in the same industry are Quanta Services, Larsen & Toubro, Ferrovial and Comfort Systems USA. The peers table on this page compares their profit, growth and price with Granite Construction's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.