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Granite Construction Inc
$89.18
After Hours:
$89.18
(0.00%)0.00
Closed: Jan 30, 5:40:33 PM GMT-5 · USD · NYSE · Disclaimer
StockUS listed securityUS headquartered
Previous close
$86.94
Day range
$87.79 - $90.16
Year range
$43.92 - $105.20
Market cap
3.90B USD
Avg Volume
589.15K
P/E ratio
43.36
Dividend yield
0.58%
Primary exchange
NYSE
Financials
Income Statement
Revenue
Net income
(USD)Sep 2024Y/Y change
Revenue
1.28B14.21%
Operating expense
100.19M15.65%
Net income
78.95M37.01%
Net profit margin
6.1919.96%
Earnings per share
2.0521.30%
EBITDA
136.57M31.60%
Effective tax rate
23.27%—
Total assets
Total liabilities
(USD)Sep 2024Y/Y change
Cash and short-term investments
616.53M16.31%
Total assets
3.13B21.34%
Total liabilities
2.06B30.98%
Total equity
1.07B—
Shares outstanding
43.71M—
Price to book
3.77—
Return on assets
8.55%—
Return on capital
13.87%—
Net change in cash
(USD)Sep 2024Y/Y change
Net income
78.95M37.01%
Cash from operations
261.46M70.73%
Cash from investing
-160.98M-546.73%
Cash from financing
-4.94M90.23%
Net change in cash
95.54M22.99%
Free cash flow
174.37M32.97%
About
Granite Construction Inc. is a civil construction company and aggregate producer, a member of the S&P 600 Index based and founded in Watsonville, California, and is the parent corporation of Granite Construction Company. The company is both a heavy civil construction contractor and construction aggregate manufacturer, owning or leasing quarries in several Western states for extracting mostly sands, gravel, and crushed stone products. The company was under investigation from the SEC from 2019 to 2021 for misrepresenting revenue, and as a result paid fines to settle disputes with shareholders, and avoided delisting from the NYSE. Incorporated in 1922 and publicly traded since 1990, Granite Construction Company is composed of a construction materials division, and three construction operating divisions. Under each group are numerous regional offices, quarries, asphalt and concrete plants. Granite's California Group comprises five regions, based on geographically limited areas within the state. Granite's Central Group comprises six regions, representing states and specific markets outside of California: Arizona, Texas, Florida, Illinois, and Federal Division based in Colorado. Wikipedia
Founded
1922
Employees
2,100
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