Headquartered in Watsonville, CA Fiscal year ends December NYSE: GVA graniteconstruction.com
Granite Construction Incorporated (NYSE: GVA), which brands itself America's Infrastructure Company, has been incorporated since 1922. It is a diversified, vertically integrated U.S. civil contractor and construction materials producer, operating through two reportable segments.
The Construction segment performs civil infrastructure projects, with a core focus on transportation markets. It is expanding into federal work, mission critical infrastructure and rail; federal work includes tactical infrastructure projects for U.S. Customs and Border Protection. Its contracts include construction manager/general contractor, construction manager/at risk and progressive design build arrangements.
The Materials segment produces aggregates and recycled materials and provides barge delivery services. It also produces asphalt concrete and liquid asphalt. Materials are sold to external customers and used internally on Granite's own construction projects.
The company has grown through acquisitions, including Warren Paving, which added barge delivery revenue beginning in the third quarter of 2025. It tracks future revenue through its Committed and Awarded Projects (CAP) metric. Updated
Committed and awarded projects hit a record $7.5 billion, which is why both lines beat expectations and 2026 revenue guidance was narrowed upward. The $0.07 GAAP diluted EPS reflects charges from settling convertible note conversions in cash.
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Granite Construction Incorporated (NYSE: GVA), which brands itself America's Infrastructure Company, has been incorporated since 1922. It is a diversified, vertically integrated U.S. civil contractor and construction materials producer, operating through two reportable segments.
The Wall Street consensus 12-month price target for GVA is $173.33.
