Granite Construction, Inc. (GVA)
NYSEIndustrialsEngineering & ConstructionSnapshot 2026-11-05
$121.00-8.60%
Close 2026-11-05 · 1-day change
NYSEIndustrialsEngineering & ConstructionSnapshot 2026-11-05
QuarterlyIQ Insights · GVA
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within industrials on a research-validated quality screen. As of 2026-11-05.
The screen ranks GVA against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated strong grew net income 68% of the time over the next year (vs 52% for the rest of the cohort, n=6978).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Document Exhibit 99.1 Granite Reports Third Quarter 2026 Results and Introduces 2029 Targets • Introducing 2029 financial targets reflecting an expected organic revenue CAGR of 10% to 12% • Q3 revenu…
Stated in 4 of 4 supplied quarters. Management reported: “Outlook Our 2026 fiscal year guidance is unchanged with the exception of our revenue range as noted below: • Revenue in a range of $5.4 billion to $5.5 billion from a range of $5.3 billion to $5.5 billion • Adjusted EBITDA margin in a range of 12.25% to 13.25% • SG&A expense as a percent of revenue in a range of 8.25% to 8.75% of revenue, inclusive of an estimated $48 million of stock-based compensation expense • Effective tax rate for adjusted net income in the mid-20s • Capital expenditures in a range of approximately $140 million to $160 million, including approximately $50 million in planned strategic materials investments.”
“Document Exhibit 99.1 Granite Reports Third Quarter 2026 Results and Introduces 2029 Targets • Introducing 2029 financial targets reflecting an expected organic revenue CAGR of 10% to 12% • Q3 revenu…”
“Given the strength in both public and private infrastructure markets, we expect to deliver sustained elevated organic growth through the second half of 2026 and into 2027 and beyond.””
“We expect 2026 to be a year of meaningful growth and believe Granite is positioned for continued growth in 2027.””
““We expect our top-line momentum to continue in 2026 driven by organic growth as we work through our record CAP and a full-year of contribution from our 2025 acquisitions,” said Executive Vice Presid…”
Our 2029 financial targets are summarized below: • Organic revenue CAGR in a range of 10% to 12% • Adjusted EBITDA margin in a range of 14% to 16% • SG&A expense as a percent of revenue of approximat…
Stated in 4 of 4 supplied quarters. Management reported: “Outlook Our 2026 fiscal year guidance is unchanged with the exception of our revenue range as noted below: • Revenue in a range of $5.4 billion to $5.5 billion from a range of $5.3 billion to $5.5 billion • Adjusted EBITDA margin in a range of 12.25% to 13.25% • SG&A expense as a percent of revenue in a range of 8.25% to 8.75% of revenue, inclusive of an estimated $48 million of stock-based compensation expense • Effective tax rate for adjusted net income in the mid-20s • Capital expenditures in a range of approximately $140 million to $160 million, including approximately $50 million in planned strategic materials investments.”
Outlook Our 2026 fiscal year guidance is unchanged with the exception of our revenue range as noted below: • Revenue in a range of $5.4 billion to $5.5 billion from a range of $5.3 billion to $5.5 bi…
Stated in 4 of 4 supplied quarters. Management reported: “Outlook Our 2026 fiscal year guidance is unchanged with the exception of our revenue range as noted below: • Revenue in a range of $5.4 billion to $5.5 billion from a range of $5.3 billion to $5.5 billion • Adjusted EBITDA margin in a range of 12.25% to 13.25% • SG&A expense as a percent of revenue in a range of 8.25% to 8.75% of revenue, inclusive of an estimated $48 million of stock-based compensation expense • Effective tax rate for adjusted net income in the mid-20s • Capital expenditures in a range of approximately $140 million to $160 million, including approximately $50 million in planned strategic materials investments.”
We continue to see attractive opportunities in our core transportation markets while expanding our capabilities and presence in federal, mission critical infrastructure, rail and other targeted end m…
Stated in 4 of 4 supplied quarters. Management reported: “We continue to see attractive opportunities in our core transportation markets while expanding our capabilities and presence in federal, mission critical infrastructure, rail and other targeted end markets.”
“We continue to see attractive opportunities in our core transportation markets while expanding our capabilities and presence in federal, mission critical infrastructure, rail and other targeted end m…”
Pursue organic growth across core transportation and targeted federal, rail, transit, and mission critical infrastructure markets, supported by a record project pipeline.
Over the trailing year it converted -9.43x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
17 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Industrials names rated volatile grew net income 52% of the time over the next year (vs 59% for the rest of the cohort, n=6547).
Not investment advice. As of 2026-11-05.
“Our 2029 financial targets are summarized below: • Organic revenue CAGR in a range of 10% to 12% • Adjusted EBITDA margin in a range of 14% to 16% • SG&A expense as a percent of revenue of approximat…”
“Outlook Our 2026 fiscal year guidance is unchanged with the exception of an increase in revenue as noted below: • Revenue increased to a range of $5.3 billion to $5.5 billion from a range of $5.2 bil…”
“Outlook We are updating our 2026 fiscal year guidance as noted below: • Revenue raised to a range of $5.2 billion to $5.4 billion from a range of $4.9 billion to $5.1 billion • Adjusted EBITDA margin…”
“We also expect to improve gross profit margins and SG&A efficiencies as we work to drive adjusted EBITDA margin growth in line with our 2027 financial targets.”
“Outlook Our 2026 fiscal year guidance is unchanged with the exception of our revenue range as noted below: • Revenue in a range of $5.4 billion to $5.5 billion from a range of $5.3 billion to $5.5 bi…”
“Outlook Our 2026 fiscal year guidance is unchanged with the exception of an increase in revenue as noted below: • Revenue increased to a range of $5.3 billion to $5.5 billion from a range of $5.2 bil…”
“Outlook We are updating our 2026 fiscal year guidance as noted below: • Revenue raised to a range of $5.2 billion to $5.4 billion from a range of $4.9 billion to $5.1 billion • Adjusted EBITDA margin…”
“Outlook Our guidance for 2026 is described below: • Revenue in the range of $4.9 billion to $5.1 billion • Adjusted EBITDA margin in the range of 12.0% to 13.0% • SG&A expense in the range of 8.5% to…”
“Over the last several years, we have been positioning Granite to expand our federal portfolio footprint, increase our participation in rail and transit projects, grow our presence in mission critical…”
““Given our first quarter performance and recent project awards, including tactical infrastructure for the U.S. Customs and Border Protection, as well as the acquisition of Kenny Seng Construction, we…”
“The pace of improvement from this team has been remarkable, and we see a long runway for further value creation through pricing, operational efficiencies, and vertical integration with our constructi…”