since 1922, granite has continued a long-standing commitment to our clients at the private, local, state, and federal level, providing award-winning infrastructure and heavy civil construction services in mining, earthwork, water/sewer, power, tunneling, rail, highway and bridge construction. 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). disclaimer regarding official "granite" job postings: all open positions available with granite construction inc., and its subsidiary companies, are available to apply on www.graniteconstruction.com/car
Company profile
Ticker
GVA
Exchange
Website
CEO
James Roberts
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Granite Construction Company • California Granite Company • California Granite Construction Company • Concrete Products Company • Granite Construction Company, Inc. • Kenny Construction Company • Granite Southeast Company • Layne Christensen Company • Layne, A Granite Company ...
IRS number
770239383
GVA stock data
Latest filings (excl ownership)
PX14A6G
Letter to shareholders
16 May 24
8-K
Departure of Directors or Certain Officers
14 May 24
10-Q
2024 Q1
Quarterly report
2 May 24
8-K
Granite Reports First Quarter 2024 Results
2 May 24
ARS
2023 FY
Annual report to shareholders
25 Apr 24
DEFA14A
Additional proxy soliciting materials
25 Apr 24
DEF 14A
Definitive proxy
25 Apr 24
10-K
2023 FY
Annual report
22 Feb 24
8-K
Granite Reports Fourth Quarter and FY 2023 Results
22 Feb 24
8-K
Granite Announces Acquisition of Lehman-Roberts Company and Memphis Stone & Gravel Company
5 Dec 23
Transcripts
GVA
Earnings call transcript
2024 Q1
2 May 24
GVA
Earnings call transcript
2023 Q4
22 Feb 24
GVA
Earnings call transcript
2023 Q3
31 Oct 23
GVA
Earnings call transcript
2023 Q2
27 Jul 23
GVA
Earnings call transcript
2023 Q2
27 Jul 23
GVA
Earnings call transcript
2023 Q1
2 May 23
GVA
Earnings call transcript
2022 Q4
16 Feb 23
GVA
Earnings call transcript
2022 Q3
27 Oct 22
GVA
Earnings call transcript
2022 Q2
29 Jul 22
GVA
Earnings call transcript
2022 Q1
1 May 22
Latest ownership filings
4
Bradley Jay Williams
7 May 24
144
Notice of proposed sale of securities
7 May 24
SC 13G/A
FMR LLC
10 Apr 24
4
Michael G Tatusko
26 Mar 24
4
Bradley Jay Williams
26 Mar 24
4
James A Radich
26 Mar 24
4
Kyle T Larkin
26 Mar 24
4
LISA CURTIS
26 Mar 24
4
Brian R Dowd
26 Mar 24
4
Bradly J Estes
18 Mar 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Operating income | |||||
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Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 321.75 mm | 321.75 mm | 321.75 mm | 321.75 mm | 321.75 mm | 321.75 mm |
Cash burn (monthly) | 31.97 mm | (no burn) | 14.43 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 67.33 mm | n/a | 30.40 mm | n/a | n/a | n/a |
Cash remaining | 254.42 mm | n/a | 291.36 mm | n/a | n/a | n/a |
Runway (months of cash) | 8.0 | n/a | 20.2 | n/a | n/a | n/a |
Institutional ownership, Q1 2024
13F holders | Current |
---|---|
Total holders | 247 |
Opened positions | 94 |
Closed positions | 23 |
Increased positions | 54 |
Reduced positions | 65 |
13F shares | Current |
---|---|
Total value | 2.52 tn |
Total shares | 44.74 mm |
Total puts | 18.10 k |
Total calls | 560.70 k |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 7.13 mm | $407.35 bn |
Vanguard | 4.94 mm | $282.29 bn |
Fuller & Thaler Asset Management | 2.85 mm | $162.67 bn |
Dimensional Fund Advisors | 2.68 mm | $153.11 bn |
STT State Street | 2.50 mm | $142.87 bn |
Frontier Capital Management | 1.79 mm | $102.43 bn |
FMR | 1.65 mm | $94.28 bn |
Millennium Management | 1.29 mm | $73.64 bn |
BAC Bank Of America | 1.00 mm | $57.37 bn |
Geode Capital Management | 964.51 k | $55.11 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
7 May 24 | Bradley Jay Williams | Common Stock | Sell | Dispose S | No | No | 61.21 | 750 | 45.91 k | 7,423 |
24 Mar 24 | Brian R Dowd | Common Stock | Payment of exercise | Dispose F | No | No | 55.03 | 6,584 | 362.32 k | 15,869 |
24 Mar 24 | Lisa Curtis | Common Stock | Payment of exercise | Dispose F | No | No | 55.03 | 6,573 | 361.71 k | 34,590 |
24 Mar 24 | Bradley Jay Williams | Common Stock | Payment of exercise | Dispose F | No | No | 55.03 | 1,164 | 64.05 k | 8,173 |
24 Mar 24 | Radich James A | Common Stock | Payment of exercise | Dispose F | No | No | 55.03 | 11,287 | 621.12 k | 30,756.29 |
24 Mar 24 | Radich James A | Common Stock | Payment of exercise | Dispose F | No | No | 55.03 | 1,862 | 102.47 k | 42,043.29 |
News
Granite Bags $89M Subcontract For United Airlines Terminal B Airside Transformation Program
22 May 24
Granite Awarded $25M Contract For Infrastructure Project Near Ontario International Airport
9 May 24
Granite Construction Expands Presence In Inland Empire, California; Granite Will Begin Construction On The $25M Hub At Ontario In June 2024
7 May 24
Granite Construction Is Attractively Priced Despite Fast-Paced Momentum
7 May 24
CORRECTION: Granite Construction Reiterated FY24 Revenue Outlook of $3.80B-$4.00B Vs $3.88B Estimate
2 May 24
Press releases
Secret Creek Fish Passage Project Nets Granite $48 Million Contract in Snohomish County, Washington
23 May 24
Granite's Newest Home Market, Lehman-Roberts and the Mid-South
23 May 24
Granite Awarded $89M Subcontract for United Airlines Terminal B Airside Transformation Program
22 May 24
Granite Partners with Caltrans District 1 to Rehabilitate Stretch of Highway 162
21 May 24
Granite CFO Announces Planned Retirement Date, Successor CFO Named
14 May 24