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

Granite Construction (GVA) reported Tax Rate of 24.98% for Q1 2026, down 435.0% year-over-year from 7.46% in Q1 2025, and up 23.87% quarter-over-quarter from 20.17% in Q4 2025.

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

Granite Construction (GVA) has 18 years of Tax Rate data on file, last reported at 24.98% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 24.98%, down 435.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.29% (down 314.0% YoY), and the FY2025 annual result was 23.71%, down 471.0% from the prior year.
  • Tax Rate improved to 24.98% in Q1 2026 per GVA's latest filing, from 20.17% in the prior quarter.
  • Over five years, Tax Rate peaked at 34.75% in Q2 2024 and troughed at 60.88% in Q2 2023.
  • A 5-year average of 15.58% and a median of 25.3% in 2025 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate surged 65565 bps in 2022, then slumped 9157 bps in 2023.
  • 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 tumbled by 30 bps to 20.17% in 2025, then rose by 24 bps to 24.98% in 2026.
  • Business Quant data shows GVA's Tax Rate at 24.98% in Q1 2026, 20.17% in Q4 2025, and 25.85% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn 9.72%
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn 23.18%
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn 25.50%
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn 23.81%
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn 24.50%
6 APi 18.83 Bn 18.18 Bn 620.00 Mn 19.72%
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn 34.52%
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 25.78%
9 Dycom Industries 13.61 Bn 12.90 Bn - -
10 Granite Construction 6.09 Bn 5.82 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%