Granite Construction (GVA) Net Margin (2009 - 2026)
Granite Construction (GVA) posted quarterly Net Margin of 18.65% for Q2 2026, down 2579.0% year-over-year from 0.75% in Q2 2025, and down 367.76% quarter-over-quarter from 3.99% in Q1 2026.
Granite Construction (GVA) Net Margin (2009 - 2026) Analysis & Trends
Granite Construction (GVA) has reported Net Margin for 18 consecutive years, with 18.65% the latest figure, recorded in Q2 2026.
- In Q2 2026, Net Margin fell 2579.0% year-over-year to 18.65%; the TTM figure through Jun 2026 stood at 2.81% (down 730.0% YoY), while the FY2025 annual figure was 4.98%, up 148.0% from the prior year.
- Net Margin fell to 18.65% in Q2 2026 per GVA's latest filing, from 3.99% in the prior quarter.
- Across five years, Net Margin topped out at 7.63% in Q3 2025 and bottomed at 18.65% in Q2 2026.
- Historically, Net Margin has averaged 0.73% across 5 years, with a median of 2.38% in 2022.
- Annual changes were most pronounced in 2022 — Net Margin jumped 790 bps — and 2026, when it slumped 2579 bps.
- Granite Construction's Net Margin stood at 2.43% in 2022, then decreased by 4 bps to 2.33% in 2023, then jumped by 107 bps to 4.81% in 2024, then gained by 5 bps to 5.06% in 2025, then tumbled by 469 bps to 18.65% in 2026.
- Business Quant data shows GVA's Net Margin at 18.65% in Q2 2026, 3.99% in Q1 2026, and 5.06% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 102.18 Bn | 101.77 Bn | 1.55 Bn | 4.81% |
| 2 | Comfort Systems Usa | 72.82 Bn | 70.97 Bn | 844.23 Mn | 13.52% |
| 3 | Ferrovial | 47.62 Bn | 42.63 Bn | - | - |
| 4 | Emcor | 36.31 Bn | 35.39 Bn | 1.02 Bn | 7.83% |
| 5 | Mastec | 20.38 Bn | 20.19 Bn | 556.28 Mn | 3.33% |
| 6 | Sterling Infrastructure | 19.23 Bn | 18.73 Bn | 194.30 Mn | 12.57% |
| 7 | APi | 17.20 Bn | 16.35 Bn | 703.00 Mn | 3.95% |
| 8 | Jacobs Solutions | 16.40 Bn | 15.02 Bn | 794.89 Mn | -0.08% |
| 9 | IES Holdings | 15.99 Bn | 15.73 Bn | 340.66 Mn | 12.31% |
| 10 | Granite Construction | 5.43 Bn | 4.57 Bn | 238.77 Mn | -18.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -18.65% |
| Mar 31, 2026 | -3.99% |
| Dec 31, 2025 | 5.06% |
| Sep 30, 2025 | 7.63% |
| Jun 30, 2025 | 7.14% |
| Mar 31, 2025 | -4.05% |
| Dec 31, 2024 | 4.81% |
| Sep 30, 2024 | 6.58% |
| Jun 30, 2024 | 3.59% |
| Mar 31, 2024 | -4.38% |
| Dec 31, 2023 | 2.33% |
| Sep 30, 2023 | 5.15% |
| Jun 30, 2023 | -2.65% |
| Mar 31, 2023 | -4.60% |
| Dec 31, 2022 | 2.43% |
| Sep 30, 2022 | 6.46% |
| Jun 30, 2022 | 2.30% |
| Mar 31, 2022 | -1.98% |
| Dec 31, 2021 | -1.64% |
| Sep 30, 2021 | 3.30% |