Granite Construction (GVA) Net Margin (2009 - 2026)
Granite Construction's Net Margin was -19.11% in Q2 2026, down 25.47 percentage points from 6.37% a year earlier and down 14.54 percentage points from the prior quarter.
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Analysis
Granite Construction (GVA) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Granite Construction's Net Margin was -3.32% through Jun 30, 2026, down 7.21 percentage points year-over-year; for FY2025, it came in at 4.36%, up 1.21 percentage points from FY2024.
- Net Margin shows a five-year change of +8.44 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 3.15% in FY2024 (+1.91 pp), 1.24% in FY2023 (-1.28 pp), 2.52% in FY2022 (+2.24 pp) and 0.29% in FY2021 (+4.36 pp).
- The Q2 2026 figure marks the lowest quarterly Net Margin in data going back to Q2 2009.
- Compared with a year earlier, Net Margin was higher in six of the last eight quarters, with an average year-over-year change of -2.35 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q3 2021 (a gain of 12.84 percentage points); the worst was Q2 2026 (a drop of 25.47 percentage points).
- Per Business Quant data, GVA's Net Margin in the three quarters before Q2 2026 was -4.57% (Q1 2026), 4.46% (Q4 2025) and 7.18% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 92.61 Bn | 92.61 Bn | 2.01 Bn | - |
| 2 | Ferrovial | 39.81 Bn | 18.06 Bn | - | - |
| 3 | Emcor | 29.88 Bn | 29.88 Bn | 1.11 Bn | - |
| 4 | Jacobs Solutions | 18.16 Bn | 12.82 Bn | 810.70 Mn | 3.35% |
| 5 | Mastec | 14.41 Bn | 12.95 Bn | 660.86 Mn | 2.92% |
| 6 | Sterling Infrastructure | 10.53 Bn | 10.53 Bn | 377.28 Mn | - |
| 7 | Stantec | 8.25 Bn | 7.17 Bn | 1.36 Bn | 6.08% |
| 8 | Aecom | 8.11 Bn | 3.23 Bn | -34.04 Mn | -2.42% |
| 9 | IES Holdings | 8.08 Bn | 6.94 Bn | 340.66 Mn | 12.31% |
| 10 | Granite Construction | 5.43 Bn | 3.09 Bn | 335.76 Mn | 0.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.18% |
| Jun 30, 2026 | -19.11% |
| Mar 31, 2026 | -4.57% |
| Dec 31, 2025 | 4.46% |
| Sep 30, 2025 | 7.18% |
| Jun 30, 2025 | 6.37% |
| Mar 31, 2025 | -4.81% |
| Dec 31, 2024 | 4.24% |
| Sep 30, 2024 | 6.19% |
| Jun 30, 2024 | 3.41% |
| Mar 31, 2024 | -4.61% |
| Dec 31, 2023 | 2.78% |
| Sep 30, 2023 | 5.16% |
| Jun 30, 2023 | -1.89% |
| Mar 31, 2023 | -4.11% |
| Dec 31, 2022 | 2.79% |
| Sep 30, 2022 | 6.87% |
| Jun 30, 2022 | 2.20% |
| Mar 31, 2022 | -1.98% |
| Dec 31, 2021 | -1.64% |
API Access
Granite Construction Net 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=net-margin&ticker=GVA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=GVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();