Granite Construction (GVA) Operating Leases (2019 - 2026)

Granite Construction (GVA) reported Operating Leases of $122.8 million for Q1 2026, up 57.91% year-over-year from $77.7 million in Q1 2025, and down 2.37% quarter-over-quarter from $125.7 million in Q4 2025.

Granite Construction (GVA) Operating Leases (2019 - 2026) Analysis & Trends

Granite Construction (GVA) has 7 years of Operating Leases data on file, last reported at $122.8 million in Q1 2026.

  • Operating Leases for Q1 2026 came in at $122.8 million, up 57.91% year-over-year; the trailing twelve-month figure through Mar 2026 was $122.8 million (up 57.91% YoY), and the FY2025 annual result was $125.7 million, up 70.74% from the prior year.
  • Operating Leases eased to $122.8 million in Q1 2026 per GVA's latest filing, from $125.7 million in the prior quarter.
  • Over five years, Operating Leases peaked at $125.9 million in Q3 2025 and troughed at $31.2 million in Q2 2022.
  • A 5-year average of $67.6 million and a median of $65.1 million in 2024 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2022 and 2024: Operating Leases jumped 1199.25% in 2022, then advanced 15.88% in 2024.
  • A 5-year view of Operating Leases shows it stood at $32.2 million in 2022, then surged by 97.54% to $63.5 million in 2023, then increased by 15.88% to $73.6 million in 2024, then jumped by 70.74% to $125.7 million in 2025, then dropped by 2.37% to $122.8 million in 2026.
  • Business Quant data shows GVA's Operating Leases at $122.8 million in Q1 2026, $125.7 million in Q4 2025, and $125.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn
6 APi 18.83 Bn 18.18 Bn 620.00 Mn
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn
9 Dycom Industries 13.61 Bn 12.90 Bn -
10 Granite Construction 6.09 Bn 5.82 Bn 109.91 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 122.75 Mn
Dec 31, 2025 125.73 Mn
Sep 30, 2025 125.92 Mn
Jun 30, 2025 81.47 Mn
Mar 31, 2025 77.73 Mn
Dec 31, 2024 73.64 Mn
Sep 30, 2024 70.98 Mn
Jun 30, 2024 65.00 Mn
Mar 31, 2024 65.12 Mn
Dec 31, 2023 63.55 Mn
Sep 30, 2023 42.20 Mn
Jun 30, 2023 38.40 Mn
Dec 31, 2022 32.17 Mn
Sep 30, 2022 32.70 Mn
Jun 30, 2022 31.18 Mn
Mar 31, 2022 32.68 Mn
Jun 30, 2021 2.40 Mn
Sep 30, 2019 56.74 Mn
Jun 30, 2019 60.87 Mn
Mar 31, 2019 60.24 Mn