Granite Construction (GVA) Interest Expenses (2009 - 2026)
Granite Construction (GVA) posted quarterly Interest Expenses of $16.3 million for Q1 2026, up 110.55% YoY from $7.8 million in Q1 2025, and down 10.13% sequentially from $18.2 million in Q4 2025.
Granite Construction (GVA) Interest Expenses (2009 - 2026) Analysis & Trends
Granite Construction has disclosed Interest Expenses across 18 years of filings, most recently posting $16.3 million for Q1 2026.
- In Q1 2026, Interest Expenses rose 110.55% year-over-year to $16.3 million; the TTM figure through Mar 2026 stood at $55.8 million (up 93.33% YoY), while the FY2025 annual figure was $47.2 million, up 61.79% from the prior year.
- Interest Expenses eased to $16.3 million in Q1 2026, from $18.2 million in the prior quarter.
- Over the last five years, Interest Expenses for GVA reached as high as $18.2 million in Q4 2025 and fell as low as $2.5 million in Q3 2022.
- The 5-year median for Interest Expenses is $7.8 million (2025), against an average of $7.9 million.
- Annual changes were most pronounced in 2022 — Interest Expenses slumped 50.91% — and 2024, when it surged 179.59%.
- A 5-year view of Interest Expenses shows it stood at $12.6 million in 2022, then sank by 48.01% to $6.6 million in 2023, then gained by 19.81% to $7.9 million in 2024, then surged by 131.11% to $18.2 million in 2025, then dropped by 10.13% to $16.3 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $16.3 million, $18.2 million, and $13.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (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 | 73.27 Mn |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn | 43.46 Mn |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn | 4.01 Mn |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn | 30.00 Mn |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn | 41.08 Mn |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn | 1.53 Mn |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn | 50.57 Mn |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn | 4.62 Mn |
| 10 | Granite Construction | 6.53 Bn | 6.27 Bn | 109.91 Mn | 16.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.33 Mn |
| Mar 31, 2026 | 16.33 Mn |
| Dec 31, 2025 | 18.17 Mn |
| Dec 31, 2025 | 18.17 Mn |
| Sep 30, 2025 | 13.37 Mn |
| Sep 30, 2025 | 13.37 Mn |
| Jun 30, 2025 | 7.93 Mn |
| Jun 30, 2025 | 7.93 Mn |
| Mar 31, 2025 | 7.76 Mn |
| Mar 31, 2025 | 7.76 Mn |
| Dec 31, 2024 | 7.86 Mn |
| Dec 31, 2024 | 7.86 Mn |
| Sep 30, 2024 | 7.91 Mn |
| Sep 30, 2024 | 7.91 Mn |
| Jun 30, 2024 | 5.34 Mn |
| Jun 30, 2024 | 5.34 Mn |
| Mar 31, 2024 | 8.08 Mn |
| Mar 31, 2024 | 8.08 Mn |
| Dec 31, 2023 | 6.56 Mn |
| Dec 31, 2023 | 6.56 Mn |