GVA (Granite Construction) EV-to-EBIT: 1,970.42 (As of Aug. 18, 2026) — 9428% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GVA Granite Construction Inc GVA
79 GF Score
Price $124.42
GF Value $126.18
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Granite Construction EV-to-EBIT?

Granite Construction GVA -2.81% 79 EV-to-EBIT is 1,970.42 as of Aug. 18, 2026, which is 9428% above its 10-year median of 20.68. GuruFocus rates GVA with a GF Score™ of 79/100 and a GF Value™ of $126.18 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,426 Construction companies, Granite Construction ranks worse than 99.79% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Granite Construction's Enterprise Value is $6,185 Mil. Granite Construction's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $3 Mil. Therefore, Granite Construction's EV-to-EBIT for today is 1,970.42.

The historical rank and industry rank for Granite Construction's EV-to-EBIT or its related term are showing as below:

GVA' s EV-to-EBIT Range Over the Past 10 Years
Min: -223.53   Med: 20.68   Max: 2269.68
Current: 1970.42

During the past 13 years, the highest EV-to-EBIT of Granite Construction was 2269.68. The lowest was -223.53. And the median was 20.68.

GVA's EV-to-EBIT is ranked worse than
99.79% of 1426 companies
in the Construction industry
Industry Median: 11.005 vs GVA: 1970.42

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Granite Construction's Enterprise Value for the quarter that ended in Jun. 2026 was $7,658 Mil. Granite Construction's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $3 Mil. Granite Construction's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 0.04%.


Granite Construction  (NYSE:GVA) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Granite Construction's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=3.139/7658.16712
=0.04 %

Granite Construction's Enterprise Value for the quarter that ended in Jun. 2026 was $7,658 Mil.
Granite Construction's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Granite Construction EV-to-EBIT Related Terms


Granite Construction EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Granite Construction's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Granite Construction EV-to-EBIT Chart

Granite Construction Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.07 13.29 30.58 17.66 17.33

Granite Construction Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.21 17.73 17.33 18.58 2,439.68

GVA vs LGN, ROAD, MYRG: EV-to-EBIT Comparison

For the Engineering & Construction subindustry, Granite Construction's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Granite Construction EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Granite Construction's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Granite Construction's EV-to-EBIT falls into.


GVA
79GF Score
Granite Construction Inc GVA
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Granite Construction EV-to-EBIT Calculation

Granite Construction's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6185.135/3.139
=1,970.42

Granite Construction's current Enterprise Value is $6,185 Mil.
Granite Construction's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 1,970.42 mean?
Granite Construction (GVA) has a EV-to-EBIT of 1,970.42 as of Aug. 18, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Granite Construction and its competitors. This is 9428% above median its historical median of 20.68. According to the industry distribution chart, Granite Construction ranks #1423 out of 1426 companies in the Construction industry, placing it in the top 99.8%.
Is Granite Construction's EV-to-EBIT too high?
Granite Construction's current EV-to-EBIT of 1,970.42 is 9428% above median its 10-year median of 20.68. The Construction industry median EV-to-EBIT is 11.01. Granite Construction's value of 1,970.42 is 17804.8% above this industry median. Based on the distribution chart, Granite Construction ranks #1423 out of 1426 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Granite Construction has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Granite Construction's EV-to-EBIT compare to LGN and ROAD?
According to the Construction industry distribution chart, Granite Construction ranks #1423 out of 1426 companies for EV-to-EBIT. This places Granite Construction in the lower half of its industry. The industry median EV-to-EBIT is 11.01. Granite Construction's value of 1,970.42 is 17804.8% above this benchmark. While the company's 10-year median is 20.68 vs. the industry median of 11.01, Granite Construction has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Construction company?
The median EV-to-EBIT among Construction companies is 11.01, based on 1,426 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Granite Construction's current EV-to-EBIT of 1,970.42 is 17804.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Granite Construction and its competitors. For the Construction industry, the median EV-to-EBIT is 11.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Granite Construction's current EV-to-EBIT is 1,970.42, which is 9428% above median its own 10-year median of 20.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granite Construction stock overvalued right now?
Based on GuruFocus' analysis, Granite Construction (GVA) is currently considered Fairly Valued. The stock's GF Value™ is $126.18, compared to a current price of $124.42 — trading 1.4% below its estimated fair value. The current EV-to-EBIT is 1,970.42, which is 9428% above median its 10-year median of 20.68 and 17804.8% above the Construction industry median of 11.01. Granite Construction's overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Granite Construction (GVA), the current EV-to-EBIT is 1,970.42 as of Aug. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Granite Construction (GVA) Overvalued in 2026?

Based on GuruFocus' analysis, Granite Construction stock appears to be undervalued. The current stock price of $124.42 is trading 1.4% below its estimated GF Value™ of $126.18. GuruFocus considers Granite Construction to be Fairly Valued.

Key valuation signals for GVA:

  • EV-to-EBIT: 1,970.42 (9428% above median its 10-year median of 20.68)
  • GF Value™: $126.18 vs. price of $124.42 (1.4% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 17804.8% above the Construction median (#1423 of 1426)

No single metric tells the full story. See the GVA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Granite Construction Business Description

Other Exchanges GRG:Germany
Address 585 West Beach Street, Watsonville, CA, USA, 95076
Granite Construction Inc engages in the construction and development of various infrastructure projects on behalf of public and private clients in the United States. The company focuses on heavy civil infrastructure projects, including roads, highways, transit facilities, airports, bridges, dams, tunnels, and other infrastructure projects. In addition, the company performs site preparation and infrastructure services for residential development, energy development, and other facilities. The majority of revenue is derived from the company's Construction operating segment, and rest from Materials segment.
79GF Score

Get the complete analysis for GVA

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$124.42
Price
$126.18
GF Value