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
DateValue
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%