GVA
Income statement / Annual
Last year (2025), Granite Construction Inc.'s total revenue was $4.42 B,
an increase of 10.40% from the previous year.
In 2025, Granite Construction Inc.'s net income was $193.00 M.
See Granite Construction Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2025 |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$4.42 B |
$4.01 B |
$3.51 B |
$3.30 B |
$3.50 B |
$3.56 B |
$2.91 B |
$3.32 B |
$2.99 B |
$2.51 B |
| Cost of Revenue |
$3.71 B
|
$3.43 B
|
$3.11 B
|
$2.93 B
|
$3.14 B
|
$3.22 B
|
$2.73 B
|
$2.93 B
|
$2.67 B
|
$2.21 B
|
| Gross Profit |
$711.22 M
|
$572.70 M
|
$396.40 M
|
$369.49 M
|
$362.65 M
|
$344.79 M
|
$189.79 M
|
$389.19 M
|
$314.93 M
|
$301.37 M
|
| Gross Profit Ratio |
0.16
|
0.14
|
0.11
|
0.11
|
0.1
|
0.1
|
0.07
|
0.12
|
0.11
|
0.12
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$0.00
|
$334.16 M
|
$288.50 M
|
$272.61 M
|
$298.38 M
|
$306.62 M
|
$228.08 M
|
$258.82 M
|
$212.71 M
|
$207.25 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$5.96 M
|
$0.00
|
$4.63 M
|
$9.66 M
|
$10.07 M
|
$13.96 M
|
$7.69 M
|
$10.12 M
|
| Selling, General & Administrative Expenses |
$407.56 M
|
$334.16 M
|
$294.47 M
|
$272.61 M
|
$303.02 M
|
$316.28 M
|
$238.15 M
|
$272.78 M
|
$220.40 M
|
$217.37 M
|
| Other Expenses |
$41.42 M
|
$31.17 M
|
$21.87 M
|
$24.12 M
|
$34.91 M
|
$186.85 M
|
-$6.64 M
|
$1.67 M
|
-$4.18 M
|
-$8.36 M
|
| Operating Expenses |
$448.98 M
|
$365.33 M
|
$316.34 M
|
$296.73 M
|
$337.93 M
|
$503.13 M
|
$231.51 M
|
$272.78 M
|
$216.22 M
|
$209.02 M
|
| Cost And Expenses |
$4.16 B
|
$3.80 B
|
$3.43 B
|
$3.23 B
|
$3.48 B
|
$3.72 B
|
$2.96 B
|
$3.20 B
|
$2.90 B
|
$2.43 B
|
| Interest Income |
$26.88 M
|
$24.35 M
|
$17.54 M
|
$6.53 M
|
$1.18 M
|
$3.10 M
|
$7.26 M
|
$6.08 M
|
$4.74 M
|
$3.23 M
|
| Interest Expense |
$47.22 M
|
$29.19 M
|
$18.46 M
|
$12.62 M
|
$20.74 M
|
$24.20 M
|
$18.05 M
|
$14.57 M
|
$10.80 M
|
$12.37 M
|
| Depreciation & Amortization |
$162.43 M
|
$126.33 M
|
$92.27 M
|
$82.57 M
|
$109.05 M
|
$112.96 M
|
$121.99 M
|
$111.54 M
|
$66.35 M
|
$63.00 M
|
| EBITDA |
$424.67 M |
$351.71 M |
$170.59 M |
$187.01 M |
$151.92 M |
-$29.31 M |
$99.82 M |
$173.61 M |
$145.42 M |
$171.33 M |
| EBITDA Ratio |
0.1
|
0.09
|
0.05
|
0.06
|
0.04
|
-0.01
|
0.03
|
0.05
|
0.05
|
0.07
|
| Operating Income Ratio |
0.06
|
0.05
|
0.02
|
0.02
|
0.01
|
-0.04
|
-0.01
|
0
|
0.03
|
0.04
|
| Total Other Income/Expenses Net |
$26.59 M
|
-$11.17 M
|
-$20.21 M
|
$19.05 M
|
-$2.59 M
|
-$8.12 M
|
$1.50 M
|
$112.00 K
|
$5.75 M
|
$4.01 M
|
| Income Before Tax |
$288.83 M
|
$196.19 M
|
$59.85 M
|
$91.82 M
|
$22.13 M
|
-$166.46 M
|
-$40.22 M
|
$8.33 M
|
$104.46 M
|
$96.36 M
|
| Income Before Tax Ratio |
0.07
|
0.05
|
0.02
|
0.03
|
0.01
|
-0.05
|
-0.01
|
0
|
0.03
|
0.04
|
| Income Tax Expense |
$68.48 M
|
$55.75 M
|
$30.27 M
|
$12.96 M
|
$19.71 M
|
-$282.00 K
|
-$12.29 M
|
$10.41 M
|
$28.66 M
|
$30.16 M
|
| Net Income |
$193.00 M
|
$126.35 M
|
$43.60 M
|
$83.30 M
|
$10.10 M
|
-$145.12 M
|
-$60.19 M
|
$582.00 K
|
$34.12 M
|
$57.12 M
|
| Net Income Ratio |
0.04
|
0.03
|
0.01
|
0.03
|
0
|
-0.04
|
-0.02
|
0
|
0.01
|
0.02
|
| EPS |
4.42 |
2.88 |
0.99 |
1.87 |
0.22 |
-3.18 |
-1.29 |
0.97 |
0.86 |
1.44 |
| EPS Diluted |
3.63 |
2.62 |
0.83 |
1.7 |
0.22 |
-3.18 |
-1.29 |
0.96 |
0.84 |
1.42 |
| Weighted Average Shares Out |
$43.65 M
|
$43.85 M
|
$43.88 M
|
$44.49 M
|
$45.79 M
|
$45.61 M
|
$46.56 M
|
$43.56 M
|
$39.80 M
|
$39.56 M
|
| Weighted Average Shares Out Diluted |
$53.13 M
|
$52.51 M
|
$52.57 M
|
$52.33 M
|
$45.79 M
|
$45.61 M
|
$46.56 M
|
$44.03 M
|
$40.37 M
|
$40.23 M
|
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