Granite Construction Incorporated (GVA)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 196,192 | 59,854 | 91,817 | -9,496 | -166,463 |
| Revenue | US$ in thousands | 4,007,570 | 3,509,140 | 3,301,260 | 3,010,050 | 3,562,460 |
| Pretax margin | 4.90% | 1.71% | 2.78% | -0.32% | -4.67% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $196,192K ÷ $4,007,570K
= 4.90%
Granite Construction Incorporated's pretax margin has shown a fluctuating trend over the past five years, ranging from negative to positive figures. The margin was notably negative in December 2020 and December 2021, gradually improving to 2.78% in December 2022. It dipped slightly to 1.71% in December 2023 before experiencing a significant increase to 4.90% in December 2024. Overall, the company's pretax margin has shown signs of recovery and improvement over the period, indicating potential enhancements in operational efficiency and profitability.
Peer comparison
Dec 31, 2024
Company name
Symbol
Pretax margin
Granite Construction Incorporated
GVA
4.90%
Fluor Corporation
FLR
3.76%
Jacobs Solutions Inc.
J
8.03%
KBR Inc
KBR
6.52%
Sterling Construction Company Inc
STRL
16.93%