Growth Metrics

Granite Construction (GVA) Operating Expenses: 2009-2024

Historic Operating Expenses for Granite Construction (GVA) over the last 16 years, with Dec 2024 value amounting to $334.2 million.

  • Granite Construction's Operating Expenses rose 10.91% to $101.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was $387.9 million, marking a year-over-year increase of 16.95%. This contributed to the annual value of $334.2 million for FY2024, which is 13.48% up from last year.
  • As of FY2024, Granite Construction's Operating Expenses stood at $334.2 million, which was up 13.48% from $294.5 million recorded in FY2023.
  • In the past 5 years, Granite Construction's Operating Expenses registered a high of $334.2 million during FY2024, and its lowest value of $272.6 million during FY2022.
  • For the 3-year period, Granite Construction's Operating Expenses averaged around $300.4 million, with its median value being $294.5 million (2023).
  • Per our database at Business Quant, Granite Construction's Operating Expenses rose by 24.81% in 2020 and then fell by 10.03% in 2022.
  • Yearly analysis of 5 years shows Granite Construction's Operating Expenses stood at $316.3 million in 2020, then dropped by 4.21% to $303.0 million in 2021, then declined by 10.03% to $272.6 million in 2022, then grew by 8.02% to $294.5 million in 2023, then climbed by 13.48% to $334.2 million in 2024.