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GVA (Granite Construction) Gross-Profit-to-Asset % : 27.00% (As of Sep. 2024)


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What is Granite Construction Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Granite Construction's annualized Gross Profit for the quarter that ended in Sep. 2024 was $812 Mil. Granite Construction's average Total Assets over the quarter that ended in Sep. 2024 was $3,006 Mil. Therefore, Granite Construction's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 27.00%.


Granite Construction Gross-Profit-to-Asset % Historical Data

The historical data trend for Granite Construction's Gross-Profit-to-Asset % 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.

* Premium members only.

Granite Construction Gross-Profit-to-Asset % Chart

Granite Construction Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.70 14.12 14.88 15.85 15.91

Granite Construction Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross-Profit-to-Asset % 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 26.89 13.99 8.03 24.06 27.00

Competitive Comparison of Granite Construction's Gross-Profit-to-Asset %

For the Engineering & Construction subindustry, Granite Construction's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Granite Construction's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Granite Construction's Gross-Profit-to-Asset % falls into.



Granite Construction Gross-Profit-to-Asset % Calculation

Granite Construction's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=396.399/( (2167.933+2813.54)/ 2 )
=396.399/2490.7365
=15.91 %

Granite Construction's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=811.796/( (2881.369+3130.925)/ 2 )
=811.796/3006.147
=27.00 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Granite Construction Gross-Profit-to-Asset % Related Terms

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Granite Construction Business Description

Traded in Other Exchanges
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. It focuses on heavy civil infrastructure projects, including roads, highways, transit facilities, airports, bridges 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, with the remainder derived from its Materials segment.
Executives
Molly Campbell director 135 N. LOS ROBLES AVE 7TH FLR, PASADENA CA 91101
Kyle T Larkin officer: Senior Vice President C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076
Michael G Tatusko officer: Senior Vice President C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076
Bradley Jay Williams officer: Senior Vice President C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076
Louis E Caldera director C/O BELO CORP, PO BOX 655237, DALLAS TX 75265-5237
Staci M Woolsey officer: Chief Accounting Officer 4875 S FRANKLIN ST, CHERRY HILLS VILLAGE CO 80113
Laura M Mullen director C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076
Brian R Dowd officer: Senior Vice President C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076
Lisa Curtis officer: CAO & VP, Investor Relations 3200 SOUTHWEST FREEWAY, SUITE 2950, HOUSTON TX 77027
James A Radich officer: Senior Vice President C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076
Desai Jigisha officer: Senior Vice President & CFO C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076
Claes Bjork director GRANITE CONSTRUCTION INCORPORATED, PO BOX 50085, WATSONVILLE CA 95077-5085
Patricia D Galloway director C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076
James Hildebrand Roberts director, officer: Director, President & CEO PO BOX 50085, WATSONVILLE CA 95077-5085
David H Kelsey director C/O OGLEBAY NORTON CO, 1100 SUPERIOR AVENUE, CLEVELAND OH 44114-2598