Granite Construction (GVA) Ratios
Granite Construction Ratios
MX:GVA's free cash flow for Q3 2026 was $228.72M. For the 2026 fiscal year, MX:GVA's free cash flow was decreased by $-34.01M and operating cash flow was $262.73M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.22 | 1.66 | 1.60 | 1.69 | 1.71 |
| Quick Ratio | 1.13 | 1.56 | 1.49 | 1.58 | 1.65 |
| Cash Ratio | 0.36 | 0.56 | 0.41 | 0.37 | 0.37 |
| Solvency Ratio | 0.13 | 0.13 | 0.08 | 0.14 | 0.08 |
| Operating Cash Flow Ratio | 0.32 | 0.44 | 0.18 | 0.07 | 0.02 |
| Short-Term Operating Cash Flow Coverage | 1.15 | 411.49 | 4.60 | 38.46 | 2.51 |
| Net Current Asset Value | $ -996.63M | $ -229.63M | $ -143.12M | $ 164.51M | $ 328.04M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.40 | 0.28 | 0.26 | 0.16 | 0.15 |
| Debt-to-Equity Ratio | 1.38 | 0.82 | 0.75 | 0.36 | 0.39 |
| Debt-to-Capital Ratio | 0.58 | 0.45 | 0.43 | 0.26 | 0.28 |
| Long-Term Debt-to-Capital Ratio | 0.48 | 0.42 | 0.39 | 0.23 | 0.25 |
| Financial Leverage Ratio | 3.42 | 2.98 | 2.88 | 2.27 | 2.58 |
| Debt Service Coverage Ratio | 0.94 | 9.77 | 2.40 | 12.37 | 4.49 |
| Interest Coverage Ratio | 5.55 | 7.10 | 4.34 | 6.76 | 1.19 |
| Debt to Market Cap | 0.30 | 0.19 | 0.29 | 0.18 | 0.19 |
| Interest Debt Per Share | 38.27 | 19.66 | 17.17 | 7.91 | 8.60 |
| Net Debt to EBITDA | 2.19 | 0.72 | 1.86 | 0.24 | -0.15 |
| Profitability Margins | |||||
| Gross Profit Margin | 16.07% | 14.29% | 11.30% | 11.19% | 10.36% |
| EBIT Margin | 7.60% | 5.62% | 2.23% | 3.16% | 1.22% |
| EBITDA Margin | 11.27% | 8.78% | 4.86% | 5.66% | 4.34% |
| Operating Profit Margin | 5.93% | 5.17% | 2.28% | 2.59% | 0.71% |
| Pretax Profit Margin | 6.53% | 4.90% | 1.71% | 2.78% | 0.63% |
| Net Profit Margin | 4.36% | 3.15% | 1.24% | 2.52% | 0.29% |
| Continuous Operations Profit Margin | 4.98% | 3.50% | 0.84% | 2.39% | 0.07% |
| Net Income Per EBT | 66.82% | 64.40% | 72.84% | 90.73% | 45.63% |
| EBT Per EBIT | 110.14% | 94.61% | 74.76% | 107.54% | 89.52% |
| Return on Assets (ROA) | 4.79% | 4.18% | 1.55% | 3.84% | 0.40% |
| Return on Equity (ROE) | 16.37% | 12.45% | 4.46% | 8.74% | 1.04% |
| Return on Capital Employed (ROCE) | 10.29% | 10.40% | 4.49% | 6.23% | 1.73% |
| Return on Invested Capital (ROIC) | 6.77% | 7.37% | 2.15% | 5.27% | 0.19% |
| Return on Tangible Assets | 5.59% | 4.71% | 1.72% | 4.00% | 0.42% |
| Earnings Yield | 3.83% | 3.29% | 1.95% | 5.34% | 0.57% |
| Efficiency Ratios | |||||
| Receivables Turnover | 5.10 | 4.77 | 4.07 | 4.68 | 5.74 |
| Payables Turnover | 8.63 | 8.43 | 7.62 | 8.77 | 9.68 |
| Inventory Turnover | 25.94 | 31.75 | 29.96 | 33.77 | 50.66 |
| Fixed Asset Turnover | 3.13 | 4.97 | 4.74 | 5.91 | 7.25 |
| Asset Turnover | 1.10 | 1.32 | 1.25 | 1.52 | 1.40 |
| Working Capital Turnover Ratio | 8.72 | 6.17 | 6.03 | 5.05 | 5.51 |
| Cash Conversion Cycle | 43.32 | 44.74 | 53.93 | 47.22 | 33.08 |
| Days of Sales Outstanding | 71.55 | 76.51 | 89.63 | 78.05 | 63.58 |
| Days of Inventory Outstanding | 14.07 | 11.49 | 12.18 | 10.81 | 7.20 |
| Days of Payables Outstanding | 42.30 | 43.27 | 47.88 | 41.63 | 37.71 |
| Operating Cycle | 85.62 | 88.01 | 101.81 | 88.86 | 70.79 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 10.74 | 10.41 | 4.19 | 1.25 | 0.48 |
| Free Cash Flow Per Share | 7.58 | 7.30 | 0.99 | -1.48 | -1.59 |
| Dividend Paid and CapEx Coverage Ratio | 2.91 | 2.87 | 1.13 | 0.38 | 0.18 |
| Capital Expenditure Coverage Ratio | 3.39 | 3.35 | 1.31 | 0.46 | 0.23 |
| Operating Cash Flow Coverage Ratio | 0.29 | 0.55 | 0.25 | 0.16 | 0.06 |
| Operating Cash Flow to Sales Ratio | 0.11 | 0.11 | 0.05 | 0.02 | 0.01 |
| Free Cash Flow Yield | 6.57% | 8.32% | 1.94% | -4.23% | -4.11% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 26.10 | 30.45 | 51.19 | 18.73 | 175.51 |
| Price-to-Sales (P/S) Ratio | 1.14 | 0.96 | 0.64 | 0.47 | 0.51 |
| Price-to-Book (P/B) Ratio | 4.27 | 3.79 | 2.28 | 1.64 | 1.83 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 15.23 | 12.02 | 51.51 | -23.65 | -24.31 |
| Price-to-Operating Cash Flow Ratio | 10.74 | 8.43 | 12.15 | 28.04 | 80.80 |
| Price-to-Earnings Growth (PEG) Ratio | 0.49 | 0.16 | -1.09 | 0.02 | -1.64 |
| Enterprise Value Multiple | 12.30 | 11.66 | 14.94 | 8.58 | 11.51 |
| Enterprise Value | 6.13B | 4.10B | 2.55B | 1.61B | 1.75B |
| EV to EBITDA | 12.30 | 11.66 | 14.94 | 8.58 | 11.51 |
| EV to Sales | 1.39 | 1.02 | 0.73 | 0.49 | 0.50 |
| EV to Free Cash Flow | 18.54 | 12.82 | 58.84 | -24.34 | -24.00 |
| EV to Operating Cash Flow | 13.07 | 8.99 | 13.88 | 28.85 | 79.76 |
| Tangible Book Value Per Share | 14.69 | 16.81 | 17.20 | 20.28 | 20.36 |
| Shareholders’ Equity Per Share | 27.01 | 23.15 | 22.27 | 21.42 | 21.13 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.24 | 0.28 | 0.51 | 0.14 | 0.89 |
| Revenue Per Share | 101.36 | 91.40 | 79.97 | 74.21 | 76.48 |
| Net Income Per Share | 4.42 | 2.88 | 0.99 | 1.87 | 0.22 |
| Tax Burden | 0.67 | 0.64 | 0.73 | 0.91 | 0.46 |
| Interest Burden | 0.86 | 0.87 | 0.76 | 0.88 | 0.52 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.09 | 0.08 | 0.08 | 0.08 | 0.09 |
| Stock-Based Compensation to Revenue | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 2.43 | 3.25 | 4.21 | 0.71 | 9.08 |
Currency in USD
