Granite Construction (GVA) FCF Margin (2009 - 2026)
Granite Construction (GVA) posted quarterly FCF Margin of 9.8% for Q2 2026, up 1220.0% year-over-year from 0.74% in Q2 2025, and up 256.86% quarter-over-quarter from 6.25% in Q1 2026.
Granite Construction (GVA) FCF Margin (2009 - 2026) Analysis & Trends
Granite Construction (GVA) has reported FCF Margin for 18 consecutive years, with 9.8% the latest figure, recorded in Q2 2026.
- In Q2 2026, FCF Margin rose 1220.0% year-over-year to 9.8%; the TTM figure through Jun 2026 stood at 9.5% (up 192.0% YoY), while the FY2025 annual figure was 7.47%, down 51.0% from the prior year.
- FCF Margin advanced to 9.8% in Q2 2026 per GVA's latest filing, from 6.25% in the prior quarter.
- Across five years, FCF Margin topped out at 17.96% in Q3 2025 and bottomed at 20.92% in Q1 2023.
- Historically, FCF Margin has averaged 2.01% across 5 years, with a median of 2.66% in 2022.
- Annual changes were most pronounced in 2022 — FCF Margin slumped 1534 bps — and 2024, when it surged 2035 bps.
- Granite Construction's FCF Margin stood at 5.88% in 2022, then soared by 115 bps to 12.65% in 2023, then rose by 17 bps to 14.79% in 2024, then slipped by 25 bps to 11.05% in 2025, then slipped by 11 bps to 9.8% in 2026.
- Business Quant data shows GVA's FCF Margin at 9.8% in Q2 2026, 6.25% in Q1 2026, and 11.05% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 102.18 Bn | 101.77 Bn | 1.55 Bn | 9.05% |
| 2 | Comfort Systems Usa | 72.82 Bn | 70.97 Bn | 844.23 Mn | 30.56% |
| 3 | Ferrovial | 47.62 Bn | 42.63 Bn | - | - |
| 4 | Emcor | 36.31 Bn | 35.39 Bn | 1.02 Bn | 5.01% |
| 5 | Mastec | 20.38 Bn | 20.19 Bn | 556.28 Mn | -3.36% |
| 6 | Sterling Infrastructure | 19.23 Bn | 18.73 Bn | 194.30 Mn | 19.62% |
| 7 | APi | 17.20 Bn | 16.35 Bn | 703.00 Mn | 2.31% |
| 8 | Jacobs Solutions | 16.40 Bn | 15.02 Bn | 794.89 Mn | -13.66% |
| 9 | IES Holdings | 15.99 Bn | 15.73 Bn | 340.66 Mn | 5.13% |
| 10 | Granite Construction | 5.43 Bn | 4.57 Bn | 238.77 Mn | 9.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.80% |
| Mar 31, 2026 | -6.25% |
| Dec 31, 2025 | 11.05% |
| Sep 30, 2025 | 17.96% |
| Jun 30, 2025 | -2.40% |
| Mar 31, 2025 | -4.08% |
| Dec 31, 2024 | 14.79% |
| Sep 30, 2024 | 17.26% |
| Jun 30, 2024 | -3.79% |
| Mar 31, 2024 | -0.56% |
| Dec 31, 2023 | 12.65% |
| Sep 30, 2023 | 11.09% |
| Jun 30, 2023 | -9.07% |
| Mar 31, 2023 | -20.92% |
| Dec 31, 2022 | 5.88% |
| Sep 30, 2022 | -0.39% |
| Jun 30, 2022 | -6.21% |
| Mar 31, 2022 | -8.52% |
| Dec 31, 2021 | -7.43% |
| Sep 30, 2021 | 6.06% |