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| 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% |