Granite continues to be an industry pioneer in Alternative Project Delivery (Design-Build, CMAR/CMGC, Best Value) establishing true partnerships with both the Owner and Designer to guarantee a cohesive project team. Granite constructs approximately $800 million of APDM projects annually, and has completed over $12 billion in alternative procurement projects in the last decade. Headquartered in Watsonville, CA, Granite Construction, Inc is publicly traded on the New York Stock Exchange (NYSE: GVA).

Type
Public
HQ
Watsonville, US
Founded
1922
Size (employees)
2,000 (est)
Granite Construction was founded in 1922 and is headquartered in Watsonville, US
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Granite Construction Office Locations

Granite Construction has an office in Watsonville
Watsonville, US (HQ)
585 W Beach St
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Granite Construction Financials and Metrics

Granite Construction Financials

Granite Construction's revenue was reported to be $2.51 b in FY, 2016 which is a 6.1% increase from the previous period.
USD

Revenue (Q1, 2018)

563.4 m

Gross profit (Q1, 2018)

56.3 m

Gross profit margin (Q1, 2018), %

10%

Net income (Q1, 2018)

(9.7 m)

EBIT (Q1, 2018)

(12.8 m)

Market capitalization (23-May-2018)

2.3 b

Closing share price (23-May-2018)

57.7
Granite Construction's current market capitalization is $2.3 b.
Annual
usdFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.3 b2.3 b2.4 b2.5 b

Revenue growth, %

0%4%6%

Cost of goods sold

230.5 m244.2 m262.5 m2.2 b

Gross profit

2 b2 b2.1 b301.4 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

741.6 m379.8 m585.9 m719.8 m420.2 m569.2 m751.4 m439.5 m604.6 m803.9 m468.4 m762.9 m957.1 m563.4 m

Cost of goods sold

687.2 m358.4 m503.5 m653.1 m380.1 m503.5 m650.5 m400.2 m531.4 m696.2 m443.3 m688.3 m842.6 m507.1 m

Gross profit

54.4 m21.4 m82.4 m66.7 m40.1 m65.8 m100.9 m39.2 m73.2 m107.7 m25.1 m74.6 m114.5 m56.3 m

Gross profit Margin, %

7%6%14%9%10%12%13%9%12%13%5%10%12%10%
Annual
usdY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

339 m252 m257 m322 m229.1 m256 m252.8 m

Accounts Receivable

Inventories

62.5 m68.9 m55.6 m55.2 m

Current Assets

950.2 m970.2 m985.2 m1.1 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

221.8 m

Inventories

61.7 m77.4 m79.5 m74.6 m64.6 m71 m60.3 m59.4 m64.7 m61 m58.8 m65.5 m62.1 m71.3 m

Current Assets

1 b898.7 m977.9 m1 b940.6 m995.4 m1.1 b962.8 m1.1 b1.2 b1 b1.1 b1.3 b1.1 b

PP&E

456.5 m432.4 m426.7 m424.3 m399.9 m392 m385 m398.8 m409.9 m407.3 m412.5 m414.1 m412.2 m409.7 m
Annual
usdFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(44.8 m)35.9 m68.2 m66.2 m

Depreciation and Amortization

72.9 m68.3 m64.3 m64.4 m

Inventories

(2.7 m)(6.4 m)13.4 m308 k

Accounts Payable

(34 m)(12.7 m)8.4 m37.7 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

(12.2 m)(21.3 m)945 k15.1 m(8.6 m)929 k33.1 m(10.5 m)7.9 m46 m(23.9 m)(7.6 m)40.5 m(9.7 m)

Depreciation and Amortization

54.8 m15.8 m31.9 m50 m15.6 m31.3 m48.5 m13.7 m29.5 m46.6 m14.6 m31.1 m48.5 m15.5 m

Inventories

(1.9 m)(14.9 m)(17 m)(12.1 m)4.3 m(2.1 m)8.6 m(3.9 m)(9.2 m)(5.5 m)(3.5 m)(10.3 m)(6.8 m)(8.8 m)

Accounts Payable

5.6 m(19.6 m)42.2 m43.7 m(28.6 m)21.9 m48 m(22.1 m)47.5 m62.8 m(28.2 m)52.4 m90.8 m(12.8 m)
USDY, 2018

Financial Leverage

1.8 x
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