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| 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 |