Granite Construction (GVA) Operating Margin (2009 - 2026)

Granite Construction has disclosed Operating Margin across 18 years of filings, most recently posting 3.41% for Q1 2026.

• In Q1 2026, Operating Margin rose 227.0% year-over-year to 3.41%; the TTM figure through Mar 2026 stood at 6.28% (up 105.0% YoY), while the FY2025 annual figure was 6.38%, up 121.0% from the prior year.
• Operating Margin slipped to 3.41% in Q1 2026, from 6.43% in the prior quarter.
• Over the last five years, Operating Margin for GVA reached as high as 10.02% in Q3 2025 and fell as low as 7.72% in Q1 2023.
• The 5-year median for Operating Margin is 3.5% (2022), against an average of 2.61%.
• Annual changes were most pronounced in 2022 — Operating Margin jumped 947 bps — and 2023, when it sank 532 bps.
• A 5-year view of Operating Margin shows it stood at 1.06% in 2022, then jumped by 108 bps to 2.21% in 2023, then jumped by 180 bps to 6.2% in 2024, then gained by 4 bps to 6.43% in 2025, then sank by 153 bps to 3.41% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 3.41%, 6.43%, and 10.02% for Q1 2026, Q4 2025, and Q3 2025 respectively.