Granite Construction (GVA) Gross Margin (2009 - 2026)

Granite Construction (GVA) posted quarterly Gross Margin of 12.04% for Q1 2026, up 6.0% YoY from 11.36% in Q1 2025, and down 16.31% sequentially from 14.39% in Q4 2025.

Granite Construction (GVA) Gross Margin (2009 - 2026) Analysis & Trends

Granite Construction has disclosed Gross Margin across 18 years of filings, most recently posting 12.04% for Q1 2026.

  • In Q1 2026, Gross Margin rose 6.0% year-over-year to 12.04%; the TTM figure through Mar 2026 stood at 15.9% (up 97.0% YoY), while the FY2025 annual figure was 16.07%, up 178.0% from the prior year.
  • Gross Margin retreated to 12.04% in Q1 2026, from 14.39% in the prior quarter.
  • Over the last five years, Gross Margin for GVA reached as high as 18.18% in Q3 2025 and fell as low as 5.78% in Q1 2023.
  • The 5-year median for Gross Margin is 12.04% (2026), against an average of 12.68%.
  • Annual changes were most pronounced in 2023 — Gross Margin sank 341 bps — and 2024, when it jumped 532 bps.
  • A 5-year view of Gross Margin shows it stood at 12.26% in 2022, then dropped by 18 bps to 10.1% in 2023, then soared by 53 bps to 15.43% in 2024, then decreased by 7 bps to 14.39% in 2025, then declined by 16 bps to 12.04% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 12.04%, 14.39%, and 18.18% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn 44.21%
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn 14.06%
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 12.48%
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn 23.53%
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 31.28%
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn 21.51%
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 26.15%
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 7.80%
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn 12.61%
10 Granite Construction 6.53 Bn 6.27 Bn 109.91 Mn 12.04%

Historic Data

Download Data
DateValue
Mar 31, 2026 12.04%
Dec 31, 2025 14.39%
Sep 30, 2025 18.18%
Jun 30, 2025 17.68%
Mar 31, 2025 11.99%
Dec 31, 2024 15.43%
Sep 30, 2024 15.91%
Jun 30, 2024 15.22%
Mar 31, 2024 8.07%
Dec 31, 2023 10.10%
Sep 30, 2023 14.92%
Jun 30, 2023 11.47%
Mar 31, 2023 5.78%
Dec 31, 2022 12.26%
Sep 30, 2022 11.40%
Jun 30, 2022 11.49%
Mar 31, 2022 9.19%
Dec 31, 2021 7.75%
Sep 30, 2021 11.29%
Jun 30, 2021 12.13%