Granite Construction Stock

Granite Construction ROA 2024

Granite Construction ROA

0.02

Ticker

GVA

ISIN

US3873281071

WKN

879080

In 2024, Granite Construction's return on assets (ROA) was 0.02, a -59.67% increase from the 0.04 ROA in the previous year.

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.

ROA Details

Understanding Granite Construction's Return on Assets (ROA)

Granite Construction's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Granite Construction's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Granite Construction's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Granite Construction’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Granite Construction stock

What is the Return on Assets (ROA) of Granite Construction this year?

The Return on Assets (ROA) of Granite Construction is 0.02 undefined this year.

What was the ROA of Granite Construction compared to the previous year?

The ROA of Granite Construction has increased by -59.67% compared to the previous year.

What consequences do high ROA have for investors of Granite Construction?

A high ROA is advantageous for investors of Granite Construction, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Granite Construction?

A low ROA can be unfavorable for investors of Granite Construction as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Granite Construction affect the company?

An increase in ROA of Granite Construction can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Granite Construction impact the company?

A reduction in the ROA of Granite Construction can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Granite Construction?

Some factors that can influence the ROA of Granite Construction include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Granite Construction important for investors?

The ROA of Granite Construction is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Granite Construction take to improve ROA?

To improve ROA, Granite Construction can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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 0.52 %. 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 0.52 %.

When does Granite Construction pay dividends?

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

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 0.18 %.

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 10/15/2024 amounting to 0.13 USD, you needed to have the stock in your portfolio before the ex-date on 9/30/2024.

When did Granite Construction pay the last dividend?

The last dividend was paid out on 10/15/2024.

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.