Granite Construction (GVA) Debt to Equity (2009 - 2026)

Granite Construction (GVA) posted quarterly Debt to Equity of $1.2 for Q1 2026, up 68.77% YoY from $0.71 in Q1 2025, and up 5.86% sequentially from $1.14 in Q4 2025.

Granite Construction (GVA) Debt to Equity (2009 - 2026) Analysis & Trends

Granite Construction has disclosed Debt to Equity across 18 years of filings, most recently posting $1.2 for Q1 2026.

  • In Q1 2026, Debt to Equity rose 68.77% year-over-year to $1.2; the TTM figure through Mar 2026 stood at $1.2 (up 68.77% YoY), while the FY2025 annual figure was $1.14, up 65.88% from the prior year.
  • Debt to Equity climbed to $1.2 in Q1 2026, from $1.14 in the prior quarter.
  • Over the last five years, Debt to Equity for GVA reached as high as $1.2 in Q1 2026 and fell as low as $0.0 in Q1 2023.
  • The 5-year median for Debt to Equity is $0.64 (2023), against an average of $0.6.
  • Annual changes were most pronounced in 2023 — Debt to Equity slumped 99.53% — and 2024, when it soared 36676.19%.
  • A 5-year view of Debt to Equity shows it stood at $0.29 in 2022, then surged by 117.79% to $0.64 in 2023, then grew by 7.4% to $0.68 in 2024, then surged by 65.88% to $1.14 in 2025, then grew by 5.86% to $1.2 in 2026.
  • According to Business Quant data, Debt to Equity over the past three periods registered $1.2, $1.14, and $1.11 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn -
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn 0.65
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 0.77
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn 0.24
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 0.79
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn 1.24
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 0.03
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 1.10
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn 0.40
10 Granite Construction 6.53 Bn 6.27 Bn 109.91 Mn 1.20

Historic Data

Download Data
DateValue
Mar 31, 2026 1.20
Dec 31, 2025 1.14
Sep 30, 2025 1.11
Jun 30, 2025 0.66
Mar 31, 2025 0.71
Dec 31, 2024 0.68
Sep 30, 2024 0.69
Jun 30, 2024 0.75
Mar 31, 2024 0.55
Dec 31, 2023 0.64
Sep 30, 2023 0.40
Jun 30, 2023 0.49
Mar 31, 2023 0.00
Dec 31, 2022 0.29
Sep 30, 2022 0.30
Jun 30, 2022 0.32
Mar 31, 2022 0.32
Dec 31, 2021 0.01
Sep 30, 2021 0.05
Jun 30, 2021 0.01