Granite Construction Incorporated Common Stock (GVA)

Stalwart

FairStock Score: 48/100 — MIXED

Key Financials

Current Price$106.45
Market Cap$4.7B
P/E Ratio-24.7
ROE-14.55%
Dividend Yield0.45%
SectorIndustrials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look at Granite and see a capital-intensive infrastructure contractor, not a franchise with a wide moat. The recent record is mixed. In FY2023, revenue was $3.5B and net income $43.6M, or $0.97 per diluted share. By FY2025, revenue reached $4.4B and net income $193.0M, or $3.86 per share, which is real progress. But the 2026 filings show a sharp reversal: in fiscal Q1 2026, the quarter ended 2026-03-31, revenue was $912.5M and net loss $41.7M, or -$0.96 per share; in fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $1.5B and net loss $278.2M, or -$6.36 per share. That is a serious deterioration.

In plain English: Granite Construction builds and repairs roads, bridges, airports, and water projects, mostly for public agencies in the U.S. Sales have grown, but the company just reported a large quarterly loss and has a lot of debt. At the recent price, the stock looks expensive compared with its shrinking profits, even though it still produces a lot of cash.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer