Granite Construction Incorporated

DB:GRG Stock Report

Market Cap: €3.7b

Granite Construction Past Earnings Performance

Past criteria checks 5/6

Granite Construction has been growing earnings at an average annual rate of 48.7%, while the Construction industry saw earnings growing at 16.8% annually. Revenues have been growing at an average rate of 1.9% per year. Granite Construction's return on equity is 10.8%, and it has net margins of 2.8%.

Key information

48.7%

Earnings growth rate

49.0%

EPS growth rate

Construction Industry Growth-12.0%
Revenue growth rate1.9%
Return on equity10.8%
Net Margin2.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Granite Construction makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:GRG Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 243,9641113320
30 Jun 243,805903150
31 Mar 243,621363090
31 Dec 233,509442940
30 Sep 233,365402930
30 Jun 233,257512800
31 Mar 233,207872760
31 Dec 223,301832730
30 Sep 223,318482680
30 Jun 223,371142830
31 Mar 223,589473120
31 Dec 213,502103030
30 Sep 213,2081962560
30 Jun 213,211702510
31 Mar 213,059212410
31 Dec 203,562-1453160
30 Sep 203,502-1733080
30 Jun 203,549-353080
31 Mar 203,500-633010
31 Dec 192,915-312380
30 Sep 193,421-763040
30 Jun 193,364-663010
31 Mar 193,305-502920
31 Dec 183,28712730
30 Sep 183,227692510
30 Jun 183,129592300
31 Mar 183,085812200
31 Dec 172,958342200
30 Sep 172,855522230
30 Jun 172,702442280
31 Mar 172,544442250
31 Dec 162,515572170
30 Sep 162,478702190
30 Jun 162,426632100
31 Mar 162,390592090
31 Dec 152,371602040
30 Sep 152,331491920
30 Jun 152,299331940
31 Mar 152,316371980
31 Dec 142,275251930
30 Sep 142,284-211950
30 Jun 142,304-231930
31 Mar 142,268-351890

Quality Earnings: GRG has high quality earnings.

Growing Profit Margin: GRG's current net profit margins (2.8%) are higher than last year (1.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: GRG has become profitable over the past 5 years, growing earnings by 48.7% per year.

Accelerating Growth: GRG's earnings growth over the past year (179.6%) exceeds its 5-year average (48.7% per year).

Earnings vs Industry: GRG earnings growth over the past year (179.6%) exceeded the Construction industry 6.7%.

Return on Equity

High ROE: GRG's Return on Equity (10.8%) is considered low.

Return on Assets

Return on Capital Employed

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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

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 .

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.