Granite Construction Management
Management criteria checks 3/4
Granite Construction's CEO is Kyle Larkin, appointed in Sep 2020, has a tenure of 5.33 years. total yearly compensation is $7.73M, comprised of 12.6% salary and 87.4% bonuses, including company stock and options. directly owns 0.25% of the company’s shares, worth $13.13M. The average tenure of the management team and the board of directors is 5.2 years and 4.6 years respectively.
Key information
Kyle Larkin
Chief executive officer
US$7.7m
Total compensation
| CEO salary percentage | 12.62% |
| CEO tenure | 5.3yrs |
| CEO ownership | 0.3% |
| Management average tenure | 5.2yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
An Intrinsic Calculation For Granite Construction Incorporated (NYSE:GVA) Suggests It's 30% Undervalued
Jan 01
Shareholders Can Be Confident That Granite Construction's (NYSE:GVA) Earnings Are High Quality
Nov 13Granite 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 27Granite Construction: Infrastructure Spending And An Upgraded Business Model
Nov 15Granite Construction: Still Cruising Higher
Oct 28
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.CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | n/a | n/a | US$182m |
| Jun 30 2025 | n/a | n/a | US$158m |
| Mar 31 2025 | n/a | n/a | US$124m |
| Dec 31 2024 | US$8m | US$975k | US$126m |
| Sep 30 2024 | n/a | n/a | US$111m |
| Jun 30 2024 | n/a | n/a | US$90m |
| Mar 31 2024 | n/a | n/a | US$36m |
| Dec 31 2023 | US$4m | US$925k | US$44m |
| Sep 30 2023 | n/a | n/a | US$40m |
| Jun 30 2023 | n/a | n/a | US$51m |
| Mar 31 2023 | n/a | n/a | US$87m |
| Dec 31 2022 | US$2m | US$900k | US$83m |
| Sep 30 2022 | n/a | n/a | US$48m |
| Jun 30 2022 | n/a | n/a | US$14m |
| Mar 31 2022 | n/a | n/a | US$47m |
| Dec 31 2021 | US$2m | US$855k | US$10m |
| Sep 30 2021 | n/a | n/a | US$196m |
| Jun 30 2021 | n/a | n/a | US$70m |
| Mar 31 2021 | n/a | n/a | US$21m |
| Dec 31 2020 | US$905k | US$585k | -US$145m |
| Sep 30 2020 | n/a | n/a | -US$173m |
| Jun 30 2020 | n/a | n/a | -US$35m |
| Mar 31 2020 | n/a | n/a | -US$63m |
| Dec 31 2019 | US$679k | US$425k | -US$31m |
Compensation vs Market: Kyle's total compensation ($USD7.73M) is about average for companies of similar size in the US market ($USD8.22M).
Compensation vs Earnings: Kyle's compensation has increased by more than 20% in the past year.
CEO
Kyle Larkin (53 yo)
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.3yrs | US$7.73m | 0.25% $ 13.1m | |
| Executive VP & CFO | 1.3yrs | US$1.06m | 0.015% $ 760.6k | |
| Senior Vice President of Construction | 5.2yrs | US$1.65m | 0.046% $ 2.4m | |
| Senior Vice President of Construction | 7yrs | US$1.77m | 0.080% $ 4.2m | |
| Senior VP & CTO | 1yr | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Executive VP | 7.4yrs | no data | no data | |
| Senior VP and Chief Marketing & Communications Officer | 5.2yrs | no data | no data | |
| Senior Vice President of Strategy & Corporate Development | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | 6yrs | no data | no data | |
| Senior Vice President of Operational Excellence | 4.2yrs | no data | no data | |
| Senior Vice President of Construction | 3.6yrs | no data | 0.032% $ 1.7m |
Experienced Management: GVA's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.6yrs | US$7.73m | 0.25% $ 13.1m | |
| Independent Director | 1.6yrs | US$196.49k | 0.0052% $ 272.4k | |
| Independent Director | 4.6yrs | US$244.55k | 0.021% $ 1.1m | |
| Director | less than a year | no data | no data | |
| Independent Director | 7.6yrs | US$251.33k | 0.047% $ 2.5m | |
| Independent Director | 8.9yrs | US$242.33k | 0.021% $ 1.1m | |
| Independent Chairman | 9.9yrs | US$389.52k | 0.0073% $ 384.0k | |
| Independent Director | 6.6yrs | US$247.42k | 0.025% $ 1.3m | |
| Independent Director | 4.6yrs | US$257.05k | 0.0063% $ 331.6k |
Experienced Board: GVA's board of directors are considered experienced (4.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/01/06 03:11 |
| End of Day Share Price | 2026/01/05 00:00 |
| Earnings | 2025/09/30 |
| 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 |
| |
| 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
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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 22 analysts. 5 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 |