Granite Construction (GVA) Tax Rate (2009 - 2026)

Granite Construction (GVA) posted quarterly Tax Rate of 13.47% for Q2 2026, down 3878.0% year-over-year from 0.36% in Q2 2025, and down 153.93% quarter-over-quarter from 24.98% in Q1 2026.

Granite Construction (GVA) Tax Rate (2009 - 2026) Analysis & Trends

Granite Construction (GVA) has reported Tax Rate for 18 consecutive years, with 13.47% the latest figure, recorded in Q2 2026.

  • In Q2 2026, Tax Rate fell 3878.0% year-over-year to 13.47%; the TTM figure through Jun 2026 stood at 110.01% (down 13471.0% YoY), while the FY2025 annual figure was 23.71%, down 471.0% from the prior year.
  • Tax Rate declined to 13.47% in Q2 2026 per GVA's latest filing, from 24.98% in the prior quarter.
  • Across five years, Tax Rate topped out at 34.75% in Q2 2024 and bottomed at 60.88% in Q2 2023.
  • Historically, Tax Rate has averaged 13.96% across 5 years, with a median of 25.14% in 2026.
  • Annual changes were most pronounced in 2022 — Tax Rate surged 65565 bps — and 2023, when it slumped 9157 bps.
  • Granite Construction's Tax Rate stood at 22.76% in 2022, then increased by 21 bps to 27.63% in 2023, then climbed by 5 bps to 28.89% in 2024, then plunged by 30 bps to 20.17% in 2025, then slumped by 167 bps to 13.47% in 2026.
  • Business Quant data shows GVA's Tax Rate at 13.47% in Q2 2026, 24.98% in Q1 2026, and 20.17% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Quanta Services 102.18 Bn 101.77 Bn 1.55 Bn 25.53%
2 Comfort Systems Usa 72.82 Bn 70.97 Bn 844.23 Mn 22.01%
3 Ferrovial 47.62 Bn 42.63 Bn - -
4 Emcor 36.31 Bn 35.39 Bn 1.02 Bn 26.82%
5 Mastec 20.38 Bn 20.19 Bn 556.28 Mn 24.77%
6 Sterling Infrastructure 19.23 Bn 18.73 Bn 194.30 Mn 24.50%
7 APi 17.20 Bn 16.35 Bn 703.00 Mn 28.26%
8 Jacobs Solutions 16.40 Bn 15.02 Bn 794.89 Mn 34.52%
9 IES Holdings 15.99 Bn 15.73 Bn 340.66 Mn 25.04%
10 Granite Construction 5.43 Bn 4.57 Bn 238.77 Mn -13.47%

Historic Data

Download Data
DateValue
Jun 30, 2026 -13.47%
Jun 30, 2026 -13.47%
Jun 30, 2026 -13.47%
Mar 31, 2026 24.98%
Mar 31, 2026 24.98%
Mar 31, 2026 24.98%
Dec 31, 2025 20.17%
Dec 31, 2025 20.17%
Dec 31, 2025 20.17%
Sep 30, 2025 25.85%
Sep 30, 2025 25.85%
Sep 30, 2025 25.85%
Jun 30, 2025 25.30%
Jun 30, 2025 25.30%
Jun 30, 2025 25.30%
Mar 31, 2025 29.33%
Mar 31, 2025 29.33%
Mar 31, 2025 29.33%
Dec 31, 2024 28.89%
Dec 31, 2024 28.89%