Granite Construction (GVA) Tax Rate (2009 - 2026)
Granite Construction (GVA) posted quarterly Tax Rate of 24.98% for Q1 2026, down 435.0% YoY from 7.46% in Q1 2025, and up 23.87% sequentially from 20.17% in Q4 2025.
Granite Construction (GVA) Tax Rate (2009 - 2026) Analysis & Trends
Granite Construction has disclosed Tax Rate across 18 years of filings, most recently posting 24.98% for Q1 2026.
- In Q1 2026, Tax Rate fell 435.0% year-over-year to 24.98%; the TTM figure through Mar 2026 stood at 24.29% (down 314.0% YoY), while the FY2025 annual figure was 23.71%, down 471.0% from the prior year.
- Tax Rate grew to 24.98% in Q1 2026, from 20.17% in the prior quarter.
- Over the last five years, Tax Rate for GVA reached as high as 34.75% in Q2 2024 and fell as low as 60.88% in Q2 2023.
- The 5-year median for Tax Rate is 25.3% (2025), against an average of 15.58%.
- Annual changes were most pronounced in 2022 — Tax Rate surged 65565 bps — and 2023, when it plunged 9157 bps.
- A 5-year view of Tax Rate shows it stood at 22.76% in 2022, then grew by 21 bps to 27.63% in 2023, then advanced by 5 bps to 28.89% in 2024, then sank by 30 bps to 20.17% in 2025, then rose by 24 bps to 24.98% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 24.98%, 20.17%, and 25.85% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn | 24.42% |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn | 9.72% |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn | 23.81% |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn | 24.50% |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn | 19.72% |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn | 34.52% |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn | 25.78% |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn | 12.12% |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn | 26.67% |
| 10 | Granite Construction | 6.53 Bn | 6.27 Bn | 109.91 Mn | 24.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.98% |
| Mar 31, 2026 | 24.98% |
| Dec 31, 2025 | 20.17% |
| Dec 31, 2025 | 20.17% |
| Sep 30, 2025 | 25.85% |
| Sep 30, 2025 | 25.85% |
| Jun 30, 2025 | 25.30% |
| Jun 30, 2025 | 25.30% |
| Mar 31, 2025 | 29.33% |
| Mar 31, 2025 | 29.33% |
| Dec 31, 2024 | 28.89% |
| Dec 31, 2024 | 28.89% |
| Sep 30, 2024 | 23.27% |
| Sep 30, 2024 | 23.27% |
| Jun 30, 2024 | 34.75% |
| Jun 30, 2024 | 34.75% |
| Mar 31, 2024 | 24.45% |
| Mar 31, 2024 | 24.45% |
| Dec 31, 2023 | 27.63% |
| Dec 31, 2023 | 27.63% |