Granite Construction (GVA) Operating Leases (2019 - 2026)
Granite Construction (GVA) posted quarterly Operating Leases of $122.8 million for Q1 2026, up 57.91% YoY from $77.7 million in Q1 2025, and down 2.37% sequentially from $125.7 million in Q4 2025.
Granite Construction (GVA) Operating Leases (2019 - 2026) Analysis & Trends
Granite Construction has disclosed Operating Leases across 7 years of filings, most recently posting $122.8 million for Q1 2026.
- In Q1 2026, Operating Leases rose 57.91% year-over-year to $122.8 million; the TTM figure through Mar 2026 stood at $122.8 million (up 57.91% YoY), while the FY2025 annual figure was $125.7 million, up 70.74% from the prior year.
- Operating Leases fell to $122.8 million in Q1 2026, from $125.7 million in the prior quarter.
- Over the last five years, Operating Leases for GVA reached as high as $125.9 million in Q3 2025 and fell as low as $31.2 million in Q2 2022.
- The 5-year median for Operating Leases is $65.1 million (2024), against an average of $67.6 million.
- Annual changes were most pronounced in 2022 — Operating Leases jumped 1199.25% — and 2024, when it advanced 15.88%.
- 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.
- According to Business Quant data, Operating Leases over the past three periods registered $122.8 million, $125.7 million, and $125.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn |
| 10 | Granite Construction | 6.53 Bn | 6.27 Bn | 109.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |