The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

GVA

Concerning the House

Granite Construction Incorporated provides infrastructure solutions for public and private clients in the United States. It operates through Construction and Materials segments. The Construction segment engages in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, marine ports, dams, reservoirs, aqueducts, infrastructure, and site development for use by the public and water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies; and construction of various complex projects, including infrastructure and site development, mining, public safety, tunnel, solar, battery storage, and power related projects. The Materials segment produces and delivers aggregates, asphalt concrete, liquid asphalt, and recycled materials for internal use in construction projects and sale to third parties. It also provides site preparation, mining, and infrastructure services for railways, residential development, energy development, and commercial and industrial sites; produces construction materials; and provides construction management professional services, as well as owns and leases aggregate reserves and processing plants. The company serves federal agencies, state departments of transportation, local transit authorities, county and city public works departments, school districts and developers, utilities, contractors, landscapers, manufacturers of products requiring aggregate materials, retailers, homeowners, farmers, brokers, and private owners of industrial, commercial, and residential sites. Granite Construction Incorporated was incorporated in 1922 and is headquartered in Watsonville, California.

United States · www.graniteconstruction.com

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$4.42B+3.4%
Gross profit$396.40M-1.2%
Operating income$282.45M+7.4%
Net income$193.00M+10.1%
Cash from ops$456.34M+15.0%
Quotation

$123.64

-2.55 (-2.0%)

52w hi$160.26
52w lo$98.20
Vol435.53K
As ofAug 13
The Verdict

Hold

Our score -0.38

Short-0.39
Medium-0.40
Long-0.35

computed 2026-08-13

By the Numbers

Granite Construction Incorporated

Industrials · Engineering & Construction

Market cap$5.41B
Enterprise value$6.26B
Trailing P/E
Forward P/E15.48x
EV / EBITDA12.92x
P / S (ttm)1.09x
Profit margin-3.3%
Return on equity-14.5%
Revenue growth+29.3%
Earnings growth
Debt / equity215.12
Risk Metrics
Beta vs SPX0.89
Corr SPX0.50
Annual vol29.0%
Annual ret+33.4%
Sharpe1.15
Max DD-29.2%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.10
Sector+0.07
Technical-0.22
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$126.92$126.95$123.28$123.64435.53K
Aug 12$126.40$127.59$123.81$126.19276.60K
Aug 11$126.99$127.55$124.48$125.37394.70K
Aug 10$128.10$129.16$125.35$125.97546.80K
Aug 7$124.32$128.76$123.45$128.32929.20K