Financials in USD. Standardized financial statements.
A compact view of how Granite Construction Incorporated turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $4.42B | $4.01B | $3.51B | $3.30B | $3.50B | $3.56B | $2.91B | $3.32B | $2.99B | $2.51B |
| Revenue Growth? | +10.4% | +14.2% | +6.3% | -5.7% | -1.7% | +22.2% | -12.2% | +11.0% | +18.9% | 0.0% |
| Cost of Revenue? | $3.71B | $3.43B | $3.11B | $2.93B | $3.14B | $3.22B | $2.73B | $2.93B | $2.67B | $2.21B |
| Gross Profit? | $711.22M | $572.70M | $396.40M | $369.49M | $362.64M | $344.79M | $189.78M | $389.19M | $314.93M | $301.37M |
| Gross Margin? | +16.1% | +14.3% | +11.3% | +11.2% | +10.4% | +9.7% | +6.5% | +11.7% | +10.5% | +12.0% |
| Operating Expenses? | $448.98M | $365.33M | $316.34M | $296.73M | $337.93M | $503.13M | $231.51M | $272.78M | $216.22M | $209.02M |
| Operating Income? | $262.24M | $207.36M | $80.06M | $72.76M | $24.72M | -$158.34M | -$41.72M | $8.22M | $98.72M | $92.35M |
| EBITDA? | $424.67M | $351.71M | $170.59M | $187.01M | $151.92M | -$29.30M | $99.82M | $173.61M | $145.42M | $171.33M |
| Income Before Tax | $288.83M | $196.19M | $59.85M | $91.82M | $22.13M | -$166.46M | -$40.22M | $8.33M | $104.46M | $96.36M |
| Income Tax Expense | $68.48M | $55.75M | $30.27M | $12.96M | $19.71M | -$282,000 | -$12.29M | $10.41M | $28.66M | $30.16M |
| Net Income? | $193.00M | $126.35M | $43.60M | $83.30M | $10.10M | -$145.12M | -$60.19M | $582,000 | $34.12M | $57.12M |
| EPS? | $4.42 | $2.88 | $0.99 | $1.87 | $0.22 | $-3.18 | $-1.29 | $0.97 | $0.86 | $1.44 |
| Diluted EPS? | $3.63 | $2.62 | $0.83 | $1.70 | $0.22 | $-3.18 | $-1.29 | $0.96 | $0.84 | $1.42 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality