Granite Construction Incorporated
GVAFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
4,008
Cost of Revenue
3,435
Gross Profit
573
Gross Margin
14.3%
Operating Income
207
Operating Margin
5.2%
Net Income
126
Net Margin
3.2%
EPS (Basic)
$2.88
EPS (Diluted)
$2.62
EBITDA
352
EBITDA Margin
8.8%
2023
12/31/2023
Revenue
3,509
Cost of Revenue
3,113
Gross Profit
396
Gross Margin
11.3%
Operating Income
80
Operating Margin
2.3%
Net Income
44
Net Margin
1.2%
EPS (Basic)
$0.99
EPS (Diluted)
$0.83
EBITDA
171
EBITDA Margin
4.9%
2022
12/31/2022
Revenue
3,301
Cost of Revenue
2,932
Gross Profit
369
Gross Margin
11.2%
Operating Income
85
Operating Margin
2.6%
Net Income
83
Net Margin
2.5%
EPS (Basic)
$1.87
EPS (Diluted)
$1.70
EBITDA
187
EBITDA Margin
5.7%
2021
12/31/2021
Revenue
3,502
Cost of Revenue
3,139
Gross Profit
363
Gross Margin
10.4%
Operating Income
25
Operating Margin
0.7%
Net Income
10
Net Margin
0.3%
EPS (Basic)
$0.22
EPS (Diluted)
$0.22
EBITDA
152
EBITDA Margin
4.3%
2020
12/31/2020
Revenue
3,562
Cost of Revenue
3,218
Gross Profit
345
Gross Margin
9.7%
Operating Income
-158
Operating Margin
-4.4%
Net Income
-145
Net Margin
-4.1%
EPS (Basic)
$-3.18
EPS (Diluted)
$-3.18
EBITDA
-29
EBITDA Margin
-0.8%