Granite Construction Inc. (GVA)

From the record

Granite Construction Inc.'s filings since 2017 show 13 warning events of 4 kinds: a bankruptcy or receivership notice (8-K item 1.03, the latest 2026-02-18); a notice about its exchange listing (8-K item 3.01, 3 times, the latest 2021-03-19); a warning not to rely on past financial statements (8-K item 4.02, 4 times, the latest 2023-02-16); a late-report notice (Form NT 10-K or NT 10-Q, 5 times, the latest 2021-03-02) (its current reports).

From the record

Granite Construction Inc.'s 10 filed years say what it did: revenue went from $2.5 billion in fiscal 2016 to $4.4 billion in fiscal 2025, up 6.5% a year; it rose in 6 of 9 years; the deepest fall was 11% from fiscal 2018 to fiscal 2019; net income was positive in 8 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Granite Construction Inc.'s diluted share count grew about 0.5% a year, and dividends and buybacks returned about 15% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 16 sales (12 under scheduled 10b5-1 plans) and 4 purchases of their own stock on the open market in the year to 2026-11-06, buying about $157 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Granite Construction Inc. earned about 16 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 18 cents per dollar of everything the company owns. Leverage: it owed about 70 cents per dollar of assets, and net share issuance: its share count grew 1.2% over the year (the filed statements).

From the record

Granite Construction Inc.'s standing among 11 graded names in its industry family: revenue of $4.4 billion in fiscal 2025 ranks in the top 35% by size; a net margin of 4.4% ranks in the top 41%; revenue growth of 10.3% a year over the last 3 filed years ranks in the top 32% (its annual reports).

From the record

Granite Construction Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Larkin, Kyle T (President & CEO, as filed), filing under that title since 2021-06-04, 5.4 years (top 44% of its family); the 15 officers and directors filing in the last fifteen months have been on the record a median of 5.4 years (top 31%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 15 people in charge now (top 23%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Granite Construction Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $529 million against debt of $963 million leaves -10.8% of its assets as net cash, top 45% of its family; cash from operations less capital spending is 7.5% of revenue (top 23%); a gross margin of 16.1% (top 28%) (its annual report).

From the record

Granite Construction Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 10.3% a year over the last three filed years against 6.5% over all 10, speeding up (top 23% of its family); the newest year grew 10.4% (top 32%); capital spending grew 4.4% a year (top 45%) (its annual reports). Granite Construction Inc. reported 2 lines of business in fiscal 2025: Constructions at $3.7 billion (83%), Materials at $769 million (17%); 2 of 2 grew against the year before (its annual report).

From the record

Granite Construction Inc.'s newest year against its own record: revenue of $4.4 billion in fiscal 2025 came in 0.2% above the $4.4 billion its prior three years' pace pointed to (top 45% of its family); net income of $193 million against a prior three-year average of $84 million (top 15%); a net margin of 4.4% against 2.3% before (top 35%) (its annual reports).