Granite Construction (GVA) Asset Utilization Ratio (2010 - 2026)
Granite Construction (GVA) posted quarterly Asset Utilization Ratio of 1.16 for Q2 2026, down 62.78% year-over-year from 3.12 in Q2 2025, and down 2.25% quarter-over-quarter from 1.19 in Q1 2026.
Granite Construction (GVA) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Granite Construction (GVA) has reported Asset Utilization Ratio for 17 consecutive years, with 1.16 the latest figure, recorded in Q2 2026.
- In Q2 2026, Asset Utilization Ratio fell 62.78% year-over-year to 1.16; the TTM figure through Jun 2026 stood at 1.16 (down 62.78% YoY), while the FY2025 annual figure was 1.25, down 8.64% from the prior year.
- Asset Utilization Ratio slipped to 1.16 in Q2 2026 per GVA's latest filing, from 1.19 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 9.58 in Q1 2022 and bottomed at 1.08 in Q4 2025.
- Historically, Asset Utilization Ratio has averaged 3.6 across 5 years, with a median of 3.22 in 2024.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio jumped 249.73% — and 2023, when it plunged 77.19%.
- Granite Construction's Asset Utilization Ratio stood at 8.35 in 2022, then slumped by 77.19% to 1.9 in 2023, then fell by 1.6% to 1.87 in 2024, then slumped by 42.25% to 1.08 in 2025, then advanced by 7.25% to 1.16 in 2026.
- Business Quant data shows GVA's Asset Utilization Ratio at 1.16 in Q2 2026, 1.19 in Q1 2026, and 1.08 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 96.39 Bn | 95.88 Bn | 1.55 Bn | 1.22 |
| 2 | Comfort Systems Usa | 58.32 Bn | 56.46 Bn | 844.23 Mn | 0.51 |
| 3 | Ferrovial | 45.15 Bn | 40.18 Bn | - | - |
| 4 | Emcor | 34.54 Bn | 33.61 Bn | 1.02 Bn | 1.89 |
| 5 | IES Holdings | 27.27 Bn | 26.88 Bn | 340.66 Mn | 1.87 |
| 6 | Mastec | 20.83 Bn | 20.51 Bn | 556.28 Mn | 1.51 |
| 7 | APi | 17.90 Bn | 17.04 Bn | 703.00 Mn | 0.89 |
| 8 | Jacobs Solutions | 17.64 Bn | 16.47 Bn | 810.70 Mn | 1.20 |
| 9 | Sterling Infrastructure | 15.87 Bn | 15.41 Bn | 289.96 Mn | 1.15 |
| 10 | Granite Construction | 5.42 Bn | 4.51 Bn | 238.77 Mn | 1.16 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.16 |
| Mar 31, 2026 | 1.19 |
| Dec 31, 2025 | 1.08 |
| Sep 30, 2025 | 1.17 |
| Jun 30, 2025 | 2.19 |
| Mar 31, 2025 | 2.22 |
| Dec 31, 2024 | 2.21 |
| Sep 30, 2024 | 4.56 |
| Jun 30, 2024 | 3.32 |
| Mar 31, 2024 | 1.82 |
| Dec 31, 2023 | 2.17 |
| Sep 30, 2023 | 7.78 |
| Jun 30, 2023 | 7.46 |
| Mar 31, 2023 | 14.76 |
| Dec 31, 2022 | 15.03 |
| Sep 30, 2022 | 8.26 |
| Jun 30, 2022 | 9.21 |
| Mar 31, 2022 | 18.67 |
| Dec 31, 2021 | 2.72 |
| Sep 30, 2021 | 1.40 |