Granite Construction (GVA) Return on Invested Capital [ROIC] (2010 - 2026)
Granite Construction (GVA) reported Return on Invested Capital [ROIC] of 13.41% for Q2 2026, up 3.94 percentage points from 9.48% a year earlier and up 4.39 percentage points from the prior quarter.
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Analysis
Granite Construction (GVA) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Granite Construction posted Return on Invested Capital [ROIC] of 9.84%, up 1.36 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of +24.30 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 8.48% in FY2024 (+5.80 pp), 2.68% in FY2023 (-3.76 pp), 6.44% in FY2022 (+6.17 pp) and 0.27% in FY2021 (+14.73 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Invested Capital [ROIC] in data going back to Q1 2010.
- Year over year, Return on Invested Capital [ROIC] has now increased in each of the last nine quarters, with an average year-over-year change of +3.34 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q4 2021 (a gain of 26.17 percentage points); the low point was Q4 2023 (a drop of 3.23 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 9.03% (Q1 2026), 8.44% (Q4 2025) and 9.04% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 105.43 Bn | 103.51 Bn | 1.55 Bn | 10.14% |
| 2 | Ferrovial | 36.40 Bn | 14.95 Bn | - | - |
| 3 | Emcor | 34.82 Bn | 31.21 Bn | 1.02 Bn | - |
| 4 | Mastec | 17.48 Bn | 16.26 Bn | 556.28 Mn | 11.60% |
| 5 | Sterling Infrastructure | 16.43 Bn | 14.76 Bn | 289.96 Mn | 29.20% |
| 6 | Jacobs Solutions | 16.05 Bn | 10.72 Bn | 810.70 Mn | 5.77% |
| 7 | IES Holdings | 12.34 Bn | 11.20 Bn | 340.66 Mn | - |
| 8 | Dycom Industries | 8.18 Bn | 7.31 Bn | - | - |
| 9 | Stantec | 7.61 Bn | 7.61 Bn | - | 30.07% |
| 10 | Granite Construction | 5.03 Bn | 2.66 Bn | 238.77 Mn | 13.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.41% |
| Mar 31, 2026 | 9.03% |
| Dec 31, 2025 | 8.44% |
| Sep 30, 2025 | 9.04% |
| Jun 30, 2025 | 9.48% |
| Mar 31, 2025 | 8.51% |
| Dec 31, 2024 | 8.19% |
| Sep 30, 2024 | 6.82% |
| Jun 30, 2024 | 5.66% |
| Mar 31, 2024 | 2.28% |
| Dec 31, 2023 | 2.56% |
| Sep 30, 2023 | 2.68% |
| Jun 30, 2023 | 4.80% |
| Mar 31, 2023 | 5.15% |
| Dec 31, 2022 | 5.79% |
| Sep 30, 2022 | 3.33% |
| Jun 30, 2022 | 0.62% |
| Mar 31, 2022 | 1.32% |
| Dec 31, 2021 | -0.48% |
| Sep 30, 2021 | 1.17% |
API Access
Granite Construction Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=GVA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "GVA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=GVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();