Granite Construction Balance Sheet Health
Financial Health criteria checks 5/6
Granite Construction has a total shareholder equity of $1.1B and total debt of $740.4M, which brings its debt-to-equity ratio to 66.4%. Its total assets and total liabilities are $3.1B and $2.0B respectively. Granite Construction's EBIT is $221.3M making its interest coverage ratio 41.2. It has cash and short-term investments of $538.8M.
Key information
66.44%
Debt to equity ratio
US$740.38m
Debt
| Interest coverage ratio | 41.2x |
| Cash | US$538.76m |
| Equity | US$1.11b |
| Total liabilities | US$1.99b |
| Total assets | US$3.11b |
Recent financial health updates
We Think Granite Construction (NYSE:GVA) Can Manage Its Debt With Ease
May 04
We Think Granite Construction (NYSE:GVA) Can Stay On Top Of Its Debt
Sep 18These 4 Measures Indicate That Granite Construction (NYSE:GVA) Is Using Debt Reasonably Well
May 03Recent updates
Granite Construction: Undervalued Contractor With Expanding Margins
Oct 13Is Granite Construction Incorporated (NYSE:GVA) Trading At A 44% Discount?
Aug 07Should You Investigate Granite Construction Incorporated (NYSE:GVA) At US$92.48?
Jul 17We Ran A Stock Scan For Earnings Growth And Granite Construction (NYSE:GVA) Passed With Ease
Jun 13Shareholders Should Be Pleased With Granite Construction Incorporated's (NYSE:GVA) Price
Jun 01We Think Granite Construction (NYSE:GVA) Can Manage Its Debt With Ease
May 04Granite Construction: Continued Growth And Valuation Justify Optimism
Apr 17Granite Construction (NYSE:GVA) Is Experiencing Growth In Returns On Capital
Apr 06Is There Now An Opportunity In Granite Construction Incorporated (NYSE:GVA)?
Mar 09Is Now The Time To Put Granite Construction (NYSE:GVA) On Your Watchlist?
Feb 24Investors Appear Satisfied With Granite Construction Incorporated's (NYSE:GVA) Prospects
Jan 28Granite Construction: Going Through A Consolidation Phase
Jan 27There's Been No Shortage Of Growth Recently For Granite Construction's (NYSE:GVA) Returns On Capital
Dec 18Are Investors Undervaluing Granite Construction Incorporated (NYSE:GVA) By 41%?
Nov 22Granite Construction: Infrastructure Spending And An Upgraded Business Model
Nov 15The Strong Earnings Posted By Granite Construction (NYSE:GVA) Are A Good Indication Of The Strength Of The Business
Nov 07Granite Construction: Still Cruising Higher
Oct 28Is There Now An Opportunity In Granite Construction Incorporated (NYSE:GVA)?
Oct 05We Think Granite Construction (NYSE:GVA) Can Stay On Top Of Its Debt
Sep 18
Vertical Integration And Tactical Expansions Set To Fuel Market Dominance And Profit Growth
Strategic M&A activities signal a push for geographic expansion and increased market share through vertical integration.Investors Interested In Granite Construction Incorporated's (NYSE:GVA) Earnings
Sep 04Granite Construction (NYSE:GVA) Is Experiencing Growth In Returns On Capital
Aug 22Is There An Opportunity With Granite Construction Incorporated's (NYSE:GVA) 47% Undervaluation?
Jul 29Granite Construction (NYSE:GVA) Is Paying Out A Dividend Of $0.13
Jun 16At US$61.29, Is It Time To Put Granite Construction Incorporated (NYSE:GVA) On Your Watch List?
Jun 04These 4 Measures Indicate That Granite Construction (NYSE:GVA) Is Using Debt Reasonably Well
May 03With Granite Construction Incorporated (NYSE:GVA) It Looks Like You'll Get What You Pay For
Apr 13Granite Construction: Expect Higher Margins And Tailwinds To Spur Stock
Jan 17Is There An Opportunity With Granite Construction Incorporated's (NYSE:GVA) 38% Undervaluation?
Dec 20Granite Construction (NYSE:GVA) Has Some Difficulty Using Its Capital Effectively
Nov 16Financial Position Analysis
Short Term Liabilities: GVA's short term assets ($1.7B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: GVA's short term assets ($1.7B) exceed its long term liabilities ($915.5M).
Debt to Equity History and Analysis
Debt Level: GVA's net debt to equity ratio (18.1%) is considered satisfactory.
Reducing Debt: GVA's debt to equity ratio has increased from 38.8% to 66.4% over the past 5 years.
Debt Coverage: GVA's debt is well covered by operating cash flow (59.4%).
Interest Coverage: GVA's interest payments on its debt are well covered by EBIT (41.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/23 21:41 |
| End of Day Share Price | 2025/10/23 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Granite Construction Incorporated is covered by 21 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alexander Rygiel | B. Riley Securities, Inc. |
| Robert Burleson | Canaccord Genuity |
| Adam Gill | CIBC Capital Markets |