Granite Construction, Inc. Income Statement
GVA / Industrials|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$4.4B
FY2025
Gross Profit
$711M
16.1% gross margin
Operating Income
$282M
FY2025
Net Income
$193M
FY2025
Granite Construction, Inc. reported $4.4B in revenue and $193M in net income for FY2025. Revenue has grown at a 6.0% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.4B | $4.0B | $3.5B | $3.6B | $2.9B | $3.3B | $2.9B | $3.3B | $3.0B | $2.3B | $2.4B | $2.1B | $2.3B | $1.8B | $2.0B |
| Cost of Revenue | $3.7B | $3.4B | $3.1B | $3.2B | $2.7B | $3.0B | $2.7B | $3.0B | $2.7B | $2.0B | $2.1B | $1.8B | $2.1B | $1.6B | $1.6B |
| Gross Profit | $711.2M | $572.7M | $362.6M | $344.8M | $189.8M | $334.8M | $189.8M | $334.8M | $278.7M | $239.7M | $299.8M | $234.8M | $177.2M | $177.8M | $349.5M |
| SG&A Expense | $407.6M | $334.2M | $303.0M | $316.3M | $238.1M | $272.8M | $238.1M | $272.8M | $220.4M | $193.3M | $203.8M | $185.1M | $191.9M | $191.6M | $228.0M |
| Operating Income | $282.4M | $207.4M | $24.7M | -$158.3M | -$41.7M | $8.2M | -$41.7M | $8.2M | $62.5M | $65.1M | $110.3M | $80.8M | -$54.7M | -$109.3M | $129.2M |
| Interest Expense | - | - | $20.7M | $24.2M | $18.1M | $14.6M | $18.1M | $14.6M | $10.8M | $14.2M | $14.3M | -$10.6M | $14.4M | $9.7M | $15.8M |
| Income Tax | $68.5M | $55.7M | $19.7M | -$282.0K | -$12.3M | -$3.2M | -$12.3M | -$3.2M | $25.8M | $19.7M | $35.2M | $21.1M | -$19.3M | -$43.9M | $38.6M |
| Net Income | $193.0M | $126.3M | $10.1M | -$145.1M | -$60.2M | $582.0K | -$60.2M | $582.0K | $34.1M | $25.3M | $60.5M | $45.3M | -$36.4M | -$59.0M | $73.5M |
| EPS (Basic) | $0.99 | $1.87 | $0.22 | -$3.18 | -$1.29 | $0.01 | $0.86 | $1.44 | $1.54 | $0.65 | -$0.94 | $1.17 | $1.32 | -$1.56 | $1.91 |
| EPS (Diluted) | $0.97 | $1.70 | $0.21 | -$3.18 | -$1.29 | $0.01 | $0.84 | $1.42 | $1.52 | $0.64 | -$0.94 | $1.15 | $1.31 | -$1.56 | $1.90 |
| Shares Outstanding | 43.4M | 43.9M | 43.7M | 45.8M | 45.7M | 45.5M | 46.8M | 39.9M | 39.6M | 39.4M | 39.2M | 38.9M | 38.7M | 38.7M | 38.7M |
| Gross Margin | 16.1% | 14.3% | 10.4% | 9.7% | 6.5% | 10.2% | 6.5% | 10.2% | 9.4% | 10.5% | 12.7% | 11.3% | 7.8% | 10.1% | 17.8% |
| Operating Margin | 6.4% | 5.2% | 0.7% | -4.4% | -1.4% | 0.3% | -1.4% | 0.3% | 2.1% | 2.9% | 4.7% | 3.9% | -2.4% | -6.2% | 6.6% |
| Profit Margin | 4.4% | 3.1% | 0.3% | -4.1% | -2.1% | 0.0% | -2.1% | 0.0% | 1.1% | 1.1% | 2.5% | 2.2% | -1.6% | -3.4% | 3.7% |