Granite Construction Incorporated Financial Ratios — GRG

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	6.56	5.56	-4.52	3.22	7.41	6.62	3.73	0.05	-5.05	-13.71	1.04	8.67	4.52	12.68	17.59
Return on Assets (%)	3.32	2.76	-2.18	1.58	3.75	3.4	1.89	0.03	-2.44	-5.94	0.41	3.57	1.75	4.33	5.47
Return on Capital (%)	4.07	3.44	- -	2.22	5.59	4.92	2.73	- -	- -	- -	1.46	7.32	4.32	7.25	8.71
Return on Invested Capital (%)	6.82	5.35	- -	3.9	6.55	5.53	3.26	- -	- -	- -	0.2	5.45	2.57	8.08	9.31
Gross Margin (%)	12.34	11.27	7.82	10.54	12.65	11.98	9.42	10.19	6.51	9.68	10.36	11.19	11.3	14.29	16.07
EBITDA Margin (%)	7.95	6.57	0.8	5.86	7.36	6.23	4.36	3.64	2.75	-1.27	3.82	5.09	4.91	8.33	10.06
Operating Margin (%)	4.26	2.38	-0.65	2.04	4.05	3.34	1.97	1.89	-1.89	-0.24	-1.19	2.2	1.47	4.96	5.93
Incremental Operating Margin (%)	40.34	- -	- -	730.89	51.73	- -	- -	1.13	31.48	7.18	54.69	- -	- -	29.47	15.27
Pretax Margin (%)	4.45	3.89	-2.82	2.44	4.36	3.83	2.31	0.25	-1.38	-4.67	0.63	2.78	1.71	4.9	6.53
Profit Margin (%)	2.55	2.17	-1.61	1.11	2.55	2.27	1.15	0.02	-2.06	-4.07	0.29	2.52	1.24	3.15	4.36
Net Income to Common Margin (%)	2.55	2.17	-1.61	1.11	2.55	2.27	1.15	0.02	-2.06	-4.07	0.29	2.52	1.24	3.15	4.36
Effective Tax Rate (%)	26.11	26.05	- -	35.47	34.01	31.3	37.81	- -	- -	- -	89.09	14.12	50.57	28.42	23.71
Dvd Payout Ratio (%)	24.83	26.98	-38.05	43.79	26.9	27.32	40.72	99.71	-99.46	-12.66	-451.86	31.27	146.46	14.76	9.17
Sustainable Growth Rate (%)	4.93	4.06	-6.24	1.81	5.41	4.81	2.21	- -	-10.07	-15.44	5.73	5.96	-2.1	10.81	15.98

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	251	290	278	277	259	244	225	382	423	379	373	339	735	833	1,498
ST Debt	32	19	1	1	15	15	46	47	8	8	9	20	57	21	409
LT Debt	218	271	277	276	244	229	178	335	415	370	364	319	678	812	1,089
Total Debt/EBITDA	1.57	2.12	15.28	2.08	1.48	1.56	1.74	3.19	5.27	-8.34	2.79	2.02	4.27	2.5	3.37
Net Debt/EBITDA	-0.04	-0.23	2.69	0.16	0.04	0.35	-0.07	0.92	1.27	1.91	-0.42	-0.03	1.38	0.48	1.82
Total Debt/EBIT	2.52	3.59	-5.09	4.25	2.35	2.65	3.59	46.54	-10.14	-2.39	15.08	3.97	9.18	4.02	5.3
Net Debt/EBIT	-0.06	-0.39	-0.9	0.32	0.06	0.6	-0.15	13.34	-2.45	0.55	-2.25	-0.07	2.96	0.78	2.87
EBITDA to Interest Expense	15.42	12.91	1.27	9.42	12.25	12.67	11.93	8.22	4.45	-1.88	6.45	13.3	9.33	11.43	9.42
EBITDA-CapEx/Interest Expense	11.08	9.37	-1.77	6.35	9.15	5.32	5.66	0.59	-1.47	-5.73	1.88	3.67	1.73	6.76	6.49
EBIT to Interest Expense	8.27	4.68	-1.02	3.28	6.73	6.79	5.4	4.26	-3.05	-0.35	-2.01	5.76	2.8	6.8	5.55
Interest Expense	10	11	14	14	14	12	11	15	18	24	21	13	18	29	47
Common Equity/Total Assets	51.63	47.99	48.35	49.65	51.59	51.11	50.49	51.24	45.62	40.99	38.79	43.96	34.74	33.55	29.25
Long-Term Debt/Equity (%)	26.39	31.09	35.21	33.73	28.08	24.88	17.97	25.99	35.19	37.35	36.57	32.39	66.05	75.19	89.15
Long-Term Debt/Capital (%)	20.26	23.33	26.01	25.19	21.64	19.67	14.66	20.05	25.9	27.03	26.61	24.09	38.5	42.44	40.05
Long-Term Debt/Total Assets (%)	14.11	15.67	17.12	17.23	15.02	13.24	9.53	13.81	16.58	15.56	14.59	14.72	24.11	26.82	27.02
Total Debt/Equity (%)	30.28	33.28	35.37	33.88	29.78	26.48	22.61	29.66	35.89	38.18	37.45	34.43	71.58	77.16	122.6
Total Debt/Capital (%)	23.24	24.97	26.13	25.31	22.95	20.94	18.44	22.87	26.41	27.63	27.25	25.61	41.72	43.55	55.08
Total Debt/Total Assets (%)	16.19	16.78	17.2	17.3	15.93	14.09	11.99	15.76	16.9	15.91	14.94	15.65	26.13	27.53	37.16
Net Debt to Equity	-0.77	-3.65	6.23	2.56	0.72	5.96	-0.93	8.5	8.66	-8.72	-5.6	-0.57	23.08	14.89	66.3
Net Debt/Capital (%)	-0.78	-3.79	5.87	2.49	0.72	5.62	-0.94	7.83	7.62	-9.15	-5.73	-0.54	17.63	12.05	36.98
EBITDA	160	137	18	133	175	157	129	120	80	-45	134	168	172	334	445
EBITDA-CapEx	115	99	-25	90	130	66	61	9	-27	-139	39	46	32	197	307
Operating Income (Loss)	86	50	-15	46	96	84	58	62	-55	-9	-42	73	52	199	262

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.96	0.91	0.89	1.01	1.08	0.95	0.84	0.72	0.57	0.65	0.55	0.65	0.61	0.7	0.5
Current Ratio	2.03	1.92	1.91	1.98	2.11	2.05	1.88	1.82	1.64	1.54	1.71	1.69	1.6	1.66	1.22
Quick Ratio	1.6	1.59	1.59	1.76	1.94	1.88	1.73	1.63	1.48	1.25	1.12	1.53	1.44	1.52	1.08
CFO/Avg Current Liab	0.21	0.19	0.01	0.09	0.14	0.15	0.25	0.12	0.14	0.3	0.02	0.06	0.2	0.44	0.37
Common Equity/Total Assets	51.63	47.99	48.35	49.65	51.59	51.11	50.49	51.24	45.62	40.99	38.79	43.96	34.74	33.55	29.25
Long-Term Debt/Equity (%)	26.39	31.09	35.21	33.73	28.08	24.88	17.97	25.99	35.19	37.35	36.57	32.39	66.05	75.19	89.15
Long-Term Debt/Capital (%)	20.26	23.33	26.01	25.19	21.64	19.67	14.66	20.05	25.9	27.03	26.61	24.09	38.5	42.44	40.05
Long-Term Debt/Total Assets (%)	14.11	15.67	17.12	17.23	15.02	13.24	9.53	13.81	16.58	15.56	14.59	14.72	24.11	26.82	27.02
Total Debt/Equity (%)	30.28	33.28	35.37	33.88	29.78	26.48	22.61	29.66	35.89	38.18	37.45	34.43	71.58	77.16	122.6
Total Debt/Capital (%)	23.24	24.97	26.13	25.31	22.95	20.94	18.44	22.87	26.41	27.63	27.25	25.61	41.72	43.55	55.08
Total Debt/Total Assets (%)	16.19	16.78	17.2	17.3	15.93	14.09	11.99	15.76	16.9	15.91	14.94	15.65	26.13	27.53	37.16
CFO/Total Liabilities	12.82	10.7	0.65	5.51	8.85	9.02	16.63	7.59	8.42	19.34	1.46	4.7	10.28	23.45	16.69
CFO/CapEx	2.05	2.44	0.12	0.99	1.52	0.8	2.16	0.78	1.04	2.88	0.23	0.46	1.31	3.35	3.39
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	7.22	7.09	7.29	7.28	6.62	6.58	6.82	5.65	7.23	7.76	7.11	7.43	9.26	10.51
Days Sales Outstanding	- -	50.58	51.45	50.09	50.17	55.17	55.47	53.55	64.62	50.46	47.02	51.33	49.15	39.43	34.74
Inventory Turnover	34.54	33.37	34.19	30.98	33.28	39.95	45.52	39.07	30.7	42.52	50.46	39.41	32.64	32.39	29.55
Days Inventory Outstanding	10.57	10.94	10.68	11.78	10.97	9.14	8.02	9.34	11.89	8.58	7.23	9.26	11.18	11.27	12.35
Accounts Payable Turnover	12.22	10.28	11.52	13.06	13.3	12.41	12.31	12.05	8.29	8.84	9.72	8.98	8.43	8.43	8.95
Accounts Payable Turnover Days	29.88	35.5	31.68	27.94	27.45	29.41	29.66	30.3	44.03	41.3	37.54	40.66	43.31	43.28	40.78
Cash Conversion Cycle	- -	26.03	30.45	33.93	33.69	34.9	33.82	32.6	32.48	17.75	16.71	19.94	17.02	7.42	6.32
Inventory to Cash Days	- -	39.65	40.78	38.31	39.2	46.03	47.45	44.21	52.74	41.87	39.78	42.07	37.97	28.16	22.39
Inventories	51	60	62	69	56	55	62	89	89	62	62	87	104	108	143
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	51	60	62	69	56	55	62	89	89	62	62	87	104	108	143

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	257	322	229	256	253	189	234	273	262	425	396	294	418	578	529
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	28	42	4	23	31	37	48	46	37	16	28	32	50	64	42
+ Total Debt	251	290	278	277	259	244	225	382	423	379	373	339	735	833	1,498
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Capital	1,078	1,162	1,064	1,094	1,129	1,167	1,217	1,672	1,601	1,370	1,368	1,324	1,762	1,912	2,719
Total Debt/Capital (%)	23.24	24.97	26.13	25.31	22.95	20.94	18.44	22.87	26.41	27.63	27.25	25.61	41.72	43.55	55.08
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Sales	2,010	2,083	2,267	2,275	2,371	2,515	2,958	3,287	2,915	3,562	3,502	3,301	3,509	4,008	4,424
TTM EBITDA	160	137	18	133	175	157	129	120	80	-45	134	168	172	334	445
TTM Operating Income	86	50	-15	46	96	84	58	62	-55	-9	-42	73	52	199	262
TTM Cash Flow to Firm	100	100	- -	52	76	82	153	- -	- -	- -	24	66	193	477	505
TTM Free Cash Flow to Firm	55	62	- -	9	32	-9	85	- -	- -	- -	-71	-55	52	341	367

Multiples (USD)

Valuation Multiples API ChatGPT

No data availableFinancial data will appear here once available

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	39	39	39	39	39	40	40	47	46	46	46	44	44	43	43
Diluted Weighted Avg Shares	38	39	39	40	40	40	40	44	47	46	46	52	53	53	53
Basic Weighted Avg Shares	38	38	39	39	39	40	40	44	47	46	46	44	44	44	44
Revenue per Share	52.72	54.18	58.42	58.2	60.27	63.57	74.34	75.45	62.61	78.1	76.48	74.21	79.97	91.4	101.36
EBITDA per Share	4.19	3.56	0.47	3.41	4.44	3.96	3.24	2.75	1.72	-1	2.92	3.78	3.93	7.61	10.19
Operating Income per Share	2.25	1.29	-0.38	1.19	2.44	2.12	1.47	1.42	-1.18	-0.19	-0.91	1.64	1.18	4.53	6.01
Basic EPS, GAAP	1.34	1.18	-0.94	0.65	1.54	1.44	0.86	0.01	-1.29	-3.18	0.22	1.87	0.99	2.88	4.42
Basic EPS from Cont Ops	1.73	1.56	-1.15	0.92	1.73	1.67	1.07	0.26	-0.6	-3.64	0.05	1.77	0.67	3.2	5.05
Diluted EPS, GAAP	1.33	1.16	-0.94	0.64	1.52	1.42	0.85	0.01	-1.29	-3.18	0.22	1.59	0.83	2.41	3.63
Diluted EPS from Cont Ops	1.72	1.53	-1.15	0.9	1.71	1.65	1.05	0.26	-0.6	-3.64	0.05	1.51	0.56	2.67	4.15
Dividend per Share	0.53	0.52	0.52	0.52	0.52	0.52	0.52	0.51	0.52	0.52	0.52	0.52	0.52	0.52	0.52
Cash Flow per Share	2.42	2.39	0.14	1.1	1.7	1.85	3.67	1.98	2.39	5.89	0.48	1.25	4.19	10.41	10.74
Free Cash Flow per Basic Share	1.24	1.41	-0.99	-0.01	0.58	-0.45	1.97	-0.57	0.1	3.84	-1.59	-1.48	0.99	7.3	7.58
Cash & Equivalents per Share	11.08	12.49	11.35	11.89	12.75	12.65	13.78	11.45	10.62	13.45	12.77	11.82	14.22	16.73	16.9
Book Value per Share	20.66	21.43	20.09	20.27	21.29	22.36	23.7	26.65	25.09	21.36	21.11	21.79	22.24	23.38	27.11
Tangible Book Value per Share	20.4	19.12	18.14	18.33	19.42	20.55	21.95	19.68	18.23	19.96	19.73	19.89	16.04	15.5	13.76