Granite Construction (GVA) Net Margin (2009 - 2026)
Granite Construction (GVA) reported Net Margin of 3.99% for Q1 2026, up 6.0% year-over-year from 3.76% in Q1 2025, and down 178.86% quarter-over-quarter from 5.06% in Q4 2025.
Granite Construction (GVA) Net Margin (2009 - 2026) Analysis & Trends
Granite Construction (GVA) has 18 years of Net Margin data on file, last reported at 3.99% in Q1 2026.
- Net Margin for Q1 2026 came in at 3.99%, up 6.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.58% (up 107.0% YoY), and the FY2025 annual result was 4.98%, up 148.0% from the prior year.
- Net Margin eased to 3.99% in Q1 2026 per GVA's latest filing, from 5.06% in the prior quarter.
- Over five years, Net Margin peaked at 7.63% in Q3 2025 and troughed at 4.6% in Q1 2023.
- A 5-year average of 1.87% and a median of 2.43% in 2022 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2023: Net Margin jumped 790 bps in 2022, then tumbled 495 bps in 2023.
- A 5-year view of Net Margin shows it stood at 2.43% in 2022, then retreated by 4 bps to 2.33% in 2023, then soared by 107 bps to 4.81% in 2024, then rose by 5 bps to 5.06% in 2025, then slumped by 179 bps to 3.99% in 2026.
- Business Quant data shows GVA's Net Margin at 3.99% in Q1 2026, 5.06% in Q4 2025, and 7.63% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn | 2.94% |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn | 12.93% |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | 6.60% |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | 1.82% |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | 12.57% |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | 2.57% |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | -0.08% |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | 11.28% |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | - |
| 10 | Granite Construction | 6.09 Bn | 5.82 Bn | 109.91 Mn | -3.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 5.65% |