Granite Construction Market capitalization 2024

Granite Construction Market capitalization

3.27 B USD

Granite Construction Dividend yield

0.83 %

Ticker

GVA

ISIN

US3873281071

WKN

879080

In 2024, Granite Construction's market cap stood at 3.27 B USD, a 56.86% increase from the 2.09 B USD market cap in the previous year.

The Granite Construction Market capitalization history

YEARREVENUE (undefined USD)GROSS MARGIN (%)NET INCOME (undefined USD)
2026e4.379,07221.62
2025e4.29,44226.86
2024e3.9410,05200.22
20233.5111,3043.6
20223.311,1983.3
20213.510,3510.1
20203.569,68-145.1
20192.916,51-60.2
20183.2910,190.6
20172.969,4234.1
20162.5111,9957.1
20152.3712,6460.5
20142.2810,6425.3
20132.277,82-36.4
20122.0811,2745
20112.0112,3450.4
20101.7610,09-59
20091.9617,8071.6
20082.6717,53119.8
20072.7415,00109.8
20062.979,9680.5
20052.6412,0983.2
20042.1410,3957

Granite Construction Aktienanalyse

What does Granite Construction do?

Granite Construction Inc. is a construction company that was founded in 1922 in Watsonville, California. The company quickly grew and expanded its business to various zones in the United States, including Hawaii and Alaska. Today, the company is one of the largest and most successful construction companies in the USA, with over 3,000 employees and an annual revenue of several billion dollars. The business model of Granite is designed to provide high-quality construction services for a variety of customers and industries. The company specializes in the construction of transportation infrastructure, such as bridges, roads, and airports, as well as the construction of energy and water supply facilities, municipal facilities, and recreational facilities. Granite is also involved in the construction of buildings, including schools, office buildings, and residential houses. Granite has various departments that specialize in different business areas. The concrete and asphalt division specializes in the production of concrete and asphalt mixtures used in the company's projects. The water infrastructure division focuses on the construction of dams, weirs, and other water infrastructure structures. The tunnel construction division specializes in large infrastructure projects, such as the construction of subway and road tunnels. Granite offers products such as concrete, asphalt, and asphalt binder. Granite also manufactures a wide range of equipment used in construction, including construction machinery and heavy transport vehicles. The company also has its own line of concrete mixing plants. Over the years, the company has received numerous awards, including recognition for the highest standards in safety performance and for its commitment to the local communities in which it operates. Granite also has a strong tradition and commitment to the environment, reflected in its leadership in the field of sustainable development and its pursuit of environmentally responsible construction. Granite Construction Inc. is a leading construction contractor focused on delivering high-quality construction services for a wide range of customers and industries. The company has a long history of success and growth, and has become one of the most respected and reputable construction companies in the USA. Granite Construction ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Granite Construction's Market Capitalization

Granite Construction's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Granite Construction's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Granite Construction's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Granite Construction’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Granite Construction Stock

What is the current Granite Construction market capitalization?

The current market capitalization of Granite Construction is 3.27 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Granite Construction.

How has the market capitalization of Granite Construction developed in recent years?

The market capitalization of Granite Construction has increased/decreased by 56.86% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Granite Construction?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Granite Construction?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Granite Construction have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Granite Construction pay?

Over the past 12 months, Granite Construction paid a dividend of 0.52 USD . This corresponds to a dividend yield of about 0.83 %. For the coming 12 months, Granite Construction is expected to pay a dividend of 0.18 USD.

What is the dividend yield of Granite Construction?

The current dividend yield of Granite Construction is 0.83 %.

When does Granite Construction pay dividends?

Granite Construction pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Granite Construction?

Granite Construction paid dividends every year for the past 23 years.

What is the dividend of Granite Construction?

For the upcoming 12 months, dividends amounting to 0.18 USD are expected. This corresponds to a dividend yield of 0.28 %.

In which sector is Granite Construction located?

Granite Construction is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Granite Construction kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Granite Construction from 4/15/2024 amounting to 0.13 USD, you needed to have the stock in your portfolio before the ex-date on 3/27/2024.

When did Granite Construction pay the last dividend?

The last dividend was paid out on 4/15/2024.

What was the dividend of Granite Construction in the year 2023?

In the year 2023, Granite Construction distributed 0.52 USD as dividends.

In which currency does Granite Construction pay out the dividend?

The dividends of Granite Construction are distributed in USD.

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Andere Kennzahlen von Granite Construction

Our stock analysis for Granite Construction Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Granite Construction Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.