GRANITE CONSTRUCTION INC (GVA) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does GRANITE CONSTRUCTION INC Do?
Granite Construction Incorporated operates as an infrastructure contractor and a construction materials producer in the United States. It operates through two segments, Construction and Materials segments. The Construction segment engages in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, marine ports, dams, reservoirs, aqueducts, infrastructure, and site development for use by the public. It also focuses on water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies. The company also constructs various complex projects, including infrastructure/site development, mining, public safety, tunnel, solar, and power projects. The Materials segment is involved in the production of aggregates and asphalt for internal use, as well as for sale to third parties. In addition, it offers site preparation, mining, and infrastructure services for residential development, energy development, commercial and industrial sites, and other facilities; and provides construction management professional services. The company serves federal agencies, state departments of transportation, local transit authorities, county and city public works departments, school districts and developers, utilities, contractors, landscapers, manufacturers of products requiring aggregate materials, retailers, homeowners, farmers, brokers, and private owners of industrial, commercial, and residential sites. Granite Construction Incorporated was founded in 1922 and is headquartered in Watsonville, California. GRANITE CONSTRUCTION INC (GVA) is classified as a mid-cap stock in the Industrials sector, specifically within the Construction industry. The company is led by CEO Kyle T. Larkin and employs approximately 3,800 people, headquartered in Wilmington, California. With a market capitalization of $5.3B, GVA is one of the notable companies in the Industrials sector.
GRANITE CONSTRUCTION INC (GVA) Stock Rating — Hold (April 2026)
As of April 2026, GRANITE CONSTRUCTION INC receives a Hold rating with a composite score of 51.3/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.GVA ranks #1,293 out of 4,446 stocks in our coverage universe. Within the Industrials sector, GRANITE CONSTRUCTION INC ranks #205 of 752 stocks, placing it in the upper half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
GVA Stock Price and 52-Week Range
GRANITE CONSTRUCTION INC (GVA) currently trades at $126.99. The stock lost $0.71 (0.6%) in the most recent trading session. The 52-week high for GVA is $137.24, which means the stock is currently trading -7.5% from its annual peak. The 52-week low is $69.08, putting the stock 83.8% above its annual trough. Recent trading volume was 236K shares, suggesting relatively thin trading activity.
Is GVA Overvalued or Undervalued? — Valuation Analysis
GRANITE CONSTRUCTION INC (GVA) carries a value factor score of 60/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 22.33x, compared to the Industrials sector average of 28.33x — a discount of 21%. The price-to-book ratio stands at 4.49x, versus the sector average of 2.23x. The price-to-sales ratio is 1.21x, compared to 0.50x for the average Industrials stock. On an enterprise value basis, GVA trades at 16.23x EV/EBITDA, versus 5.70x for the sector.
Overall, GVA's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
GRANITE CONSTRUCTION INC Profitability — ROE, Margins, and Quality Score
GRANITE CONSTRUCTION INC (GVA) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 20.1%, compared to the Industrials sector average of 8.9%, which demonstrates strong shareholder value creation. Return on assets (ROA) comes in at 6.1% versus the sector average of 3.3%.
On a margin basis, GRANITE CONSTRUCTION INC reports gross margins of 15.9%, compared to 35.8% for the sector. The operating margin is 5.4% (sector: 6.2%). Net profit margin stands at 4.3%, versus 3.9% for the average Industrials stock. Revenue growth is running at 32.4% on a trailing basis, compared to 6.4% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
GVA Debt, Balance Sheet, and Financial Health
GRANITE CONSTRUCTION INC has a debt-to-equity ratio of 110.0%, compared to the Industrials sector average of 70.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 1.22x, suggesting adequate working capital coverage. Total debt on the balance sheet is $1.34B. Cash and equivalents stand at $442M.
GVA has a beta of 0.79, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for GRANITE CONSTRUCTION INC is 82/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.
GRANITE CONSTRUCTION INC Revenue and Earnings History — Quarterly Trend
In TTM 2026, GRANITE CONSTRUCTION INC reported revenue of $4.53B and earnings per share (EPS) of $4.42. Net income for the quarter was $245M. Gross margin was 15.9%. Operating income came in at $312M.
In FY 2025, GRANITE CONSTRUCTION INC reported revenue of $4.42B and earnings per share (EPS) of $4.42. Net income for the quarter was $220M. Gross margin was 16.1%. Revenue grew 10.4% year-over-year compared to FY 2024. Operating income came in at $282M.
In Q3 2025, GRANITE CONSTRUCTION INC reported revenue of $1.43B and earnings per share (EPS) of $2.35. Net income for the quarter was $109M. Gross margin was 18.2%. Revenue grew 12.4% year-over-year compared to Q3 2024. Operating income came in at $144M.
In Q2 2025, GRANITE CONSTRUCTION INC reported revenue of $1.13B and earnings per share (EPS) of $1.64. Net income for the quarter was $80M. Gross margin was 17.7%. Revenue grew 4.0% year-over-year compared to Q2 2024. Operating income came in at $104M.
Over the past 8 quarters, GRANITE CONSTRUCTION INC has demonstrated a growth trajectory, with revenue expanding from $1.08B to $4.53B. Investors analyzing GVA stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
GVA Dividend Yield and Income Analysis
GRANITE CONSTRUCTION INC (GVA) currently pays a dividend yield of 0.5%. At this yield, a $10,000 investment in GVA stock would generate approximately $$47.00 in annual dividend income.
GVA Momentum and Technical Analysis Profile
GRANITE CONSTRUCTION INC (GVA) has a momentum factor score of 62/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 24/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 12/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
GVA vs Competitors — Industrials Sector Ranking and Peer Comparison
Within the Industrials sector, GRANITE CONSTRUCTION INC (GVA) ranks #205 out of 752 stocks based on the Blank Capital composite score. This places GVA in the upper half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.
Comparing GVA against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full GVA vs S&P 500 (SPY) comparison to assess how GRANITE CONSTRUCTION INC stacks up against the broader market across all factor dimensions.
GVA Next Earnings Date
No upcoming earnings date has been announced for GRANITE CONSTRUCTION INC (GVA) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy GVA? — Investment Thesis Summary
GRANITE CONSTRUCTION INC presents a balanced picture with arguments on both sides. The value score of 60/100 suggests attractive pricing relative to fundamentals. Price momentum is positive at 62/100, suggesting the trend favors buyers. Low volatility (stability score 82/100) reduces downside risk.
In summary, GRANITE CONSTRUCTION INC (GVA) earns a Hold rating with a composite score of 51.3/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on GVA stock.
Related Resources for GVA Investors
Explore more research and tools: GVA vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare GVA head-to-head with peers: GVA vs SOBO, GVA vs TEN, GVA vs GLDD.