Granite Construction (GVA) Gross Margin (2009 - 2026)
Granite Construction (GVA) posted Gross Margin of 19.01% for Q3 2026, up 0.83 percentage points from 18.18% a year earlier and up 2.61 percentage points from the prior quarter.
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Analysis
Granite Construction (GVA) Gross Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Gross Margin at Granite Construction was 16.08%, down 0.31 percentage points year-over-year; for FY2025, it was 16.07%, up 1.78 percentage points from FY2024.
- Annual Gross Margin has increased for six consecutive years, with a five-year change of +6.40 percentage points (FY2020 to FY2025).
- In prior years, Granite Construction's Gross Margin was 14.29% in FY2024 (+2.99 pp), 11.30% in FY2023 (+0.10 pp), 11.19% in FY2022 (+0.84 pp) and 10.36% in FY2021 (+0.68 pp).
- The Q3 2026 figure stands as the highest quarterly Gross Margin since Q4 2009.
- On a year-over-year basis, Gross Margin increased in six of the last eight quarters, with an average year-over-year change of +1.57 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q4 2024, with a gain of 5.32 percentage points; the weakest was Q4 2021, with a drop of 3.49 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 16.40% (Q2 2026), 12.04% (Q1 2026) and 14.39% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 87.43 Bn | 83.89 Bn | 2.01 Bn | 16.71% |
| 2 | Ferrovial | 42.48 Bn | 22.79 Bn | - | - |
| 3 | Emcor | 28.12 Bn | 24.39 Bn | 1.11 Bn | 20.00% |
| 4 | Jacobs Solutions | 18.75 Bn | 13.40 Bn | 810.70 Mn | 19.89% |
| 5 | Mastec | 13.47 Bn | 12.15 Bn | 660.86 Mn | 12.83% |
| 6 | Stantec | 9.00 Bn | 7.93 Bn | 1.36 Bn | 43.88% |
| 7 | Aecom | 8.78 Bn | 4.10 Bn | -34.04 Mn | -0.95% |
| 8 | Sterling Infrastructure | 8.68 Bn | 7.14 Bn | 377.28 Mn | 24.12% |
| 9 | IES Holdings | 6.74 Bn | 5.60 Bn | 340.66 Mn | 27.41% |
| 10 | Granite Construction | 5.84 Bn | 3.55 Bn | 335.76 Mn | 19.01% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 19.01% |
| Jun 30, 2026 | 16.40% |
| 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% |
API Access
Granite Construction Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=GVA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "GVA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=GVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();