Growth Metrics

Granite Construction (GVA) Gross Margin (2016 - 2026)

Granite Construction has reported Gross Margin over the past 18 years, most recently at 12.04% for Q1 2026.

  • Quarterly Gross Margin rose 6.0% to 12.04% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 15.9% through Mar 2026, up 97.0% year-over-year, with the annual reading at 16.07% for FY2025, 178.0% up from the prior year.
  • Gross Margin was 12.04% for Q1 2026 at Granite Construction, down from 14.39% in the prior quarter.
  • Over five years, Gross Margin peaked at 18.18% in Q3 2025 and troughed at 5.78% in Q1 2023.
  • The 5-year median for Gross Margin is 12.04% (2026), against an average of 12.68%.
  • Year-over-year, Gross Margin tumbled -341bps in 2023 and then skyrocketed 532bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 12.26% in 2022, then dropped by -18bps to 10.1% in 2023, then soared by 53bps to 15.43% in 2024, then decreased by -7bps to 14.39% in 2025, then decreased by -16bps to 12.04% in 2026.
  • Per Business Quant, the three most recent readings for GVA's Gross Margin are 12.04% (Q1 2026), 14.39% (Q4 2025), and 18.18% (Q3 2025).