Granite Construction Incorporated

DB:GRG Stock Report

Market Cap: €3.7b

Granite Construction Management

Management criteria checks 2/4

Granite Construction's CEO is Kyle Larkin, appointed in Sep 2020, has a tenure of 4.33 years. total yearly compensation is $4.22M, comprised of 21.9% salary and 78.1% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth €8.03M. The average tenure of the management team and the board of directors is 4.2 years and 5.6 years respectively.

Key information

Kyle Larkin

Chief executive officer

US$4.2m

Total compensation

CEO salary percentage21.9%
CEO tenure4.3yrs
CEO ownership0.2%
Management average tenure4.2yrs
Board average tenure5.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kyle Larkin's remuneration changed compared to Granite Construction's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$111m

Jun 30 2024n/an/a

US$90m

Mar 31 2024n/an/a

US$36m

Dec 31 2023US$4mUS$925k

US$44m

Sep 30 2023n/an/a

US$40m

Jun 30 2023n/an/a

US$51m

Mar 31 2023n/an/a

US$87m

Dec 31 2022US$2mUS$900k

US$83m

Sep 30 2022n/an/a

US$48m

Jun 30 2022n/an/a

US$14m

Mar 31 2022n/an/a

US$47m

Dec 31 2021US$2mUS$855k

US$10m

Sep 30 2021n/an/a

US$196m

Jun 30 2021n/an/a

US$70m

Mar 31 2021n/an/a

US$21m

Dec 31 2020US$905kUS$585k

-US$145m

Sep 30 2020n/an/a

-US$173m

Jun 30 2020n/an/a

-US$35m

Mar 31 2020n/an/a

-US$63m

Dec 31 2019US$679kUS$425k

-US$31m

Sep 30 2019n/an/a

-US$76m

Jun 30 2019n/an/a

-US$66m

Mar 31 2019n/an/a

-US$50m

Dec 31 2018US$871kUS$350k

US$582k

Compensation vs Market: Kyle's total compensation ($USD4.22M) is above average for companies of similar size in the German market ($USD1.89M).

Compensation vs Earnings: Kyle's compensation has increased by more than 20% in the past year.

CEO

Kyle Larkin (52 yo)

4.3yrs

Tenure

US$4,224,356

Compensation

Mr. Kyle T. Larkin has been President of Granite Construction Incorporated since September 22, 2020. He is the Chief Executive Officer and Director of Granite Construction Incorporated since June 02, 2021....

Leadership Team

NamePositionTenureCompensationOwnership
Kyle Larkin
President4.3yrsUS$4.22m0.21%
€ 8.0m
Staci Woolsey
Executive VP & CFOless than a yearUS$927.20k0.0036%
€ 135.2k
James Radich
Executive VP & COO4.1yrsUS$1.82m0.070%
€ 2.6m
Elizabeth Curtis
Executive Officerless than a yearUS$1.50m0.054%
€ 2.0m
Michael Tatusko
Senior VP of Construction6yrsUS$1.52m0.063%
€ 2.3m
Kim Craig
Senior VP of Corporate Finance & Treasurerless than a yearno datano data
Michael Barker
Vice President of Investor Relationsno datano datano data
M. Hall
Senior VP6.4yrsno datano data
Erin Kuhlman
Senior VP and Chief Marketing & Communications Officer4.2yrsno datano data
Timothy Gruber
Senior Vice President of Human Resources5yrsno datano data
Brian Dowd
Senior Vice President of Construction4.2yrsUS$657.65k0.048%
€ 1.8m
Dave Hulverson
Senior Vice President of Safety3.2yrsno datano data

4.2yrs

Average Tenure

58yo

Average Age

Experienced Management: GRG's management team is considered experienced (4.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kyle Larkin
President3.6yrsUS$4.22m0.21%
€ 8.0m
Carlos Hernandez
Directorless than a yearno datano data
Louis Caldera
Independent Director3.6yrsUS$243.19k0.0034%
€ 128.1k
David Darnell
Independent Director7.9yrsUS$253.79k0.045%
€ 1.7m
Alan Krusi
Independent Director6.6yrsUS$251.79k0.039%
€ 1.5m
Celeste Mastin
Independent Director7.9yrsUS$242.79k0.033%
€ 1.2m
Michael McNally
Independent Chairman8.9yrsUS$387.42k0.0073%
€ 273.5k
Molly Campbell
Independent Director5.6yrsUS$245.29k0.025%
€ 922.8k
Laura Mullen
Independent Director3.6yrsUS$251.79k0.0063%
€ 236.1k

5.6yrs

Average Tenure

68.5yo

Average Age

Experienced Board: GRG's board of directors are considered experienced (5.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 14:06
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Granite Construction Incorporated is covered by 28 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.

AnalystInstitution
Adam ThalhimerBB&T Capital Markets
Avram FisherBMO Capital Markets U.S. (Historical)
Alexander RygielB. Riley Securities, Inc.