Granite Construction Inc - Company Profile
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Granite Construction Inc (Granite) is a a provider of construction materials and a heavy civil construction contractor. It offers a range of construction services such as bid-build, design-build and construction management/general contractor services. The company executes heavy-civil infrastructure projects such as mass transit facilities, bridges, highways, roads, tunnels, airport infrastructure, dams, utilities and other infrastructure projects. Granite also offers construction management, site preparation, professional and infrastructure services for the development of residential, energy, industrial, commercial sites and other facilities. It also operates and leases aggregate and asphalt production facilities, aggregate reserves and lease heavy construction equipment fleet. Granite is headquartered in Watsonville, California, the US.
Headquarters
United States of America
Address
585 W Beach St, Watsonville, California, 95076-5123
Website
www.graniteconstruction.com
Telephone
1 831 7241011
No of Employees
2,100
Industry
Construction
Ticker Symbol & Exchange
GVA (NYSE)
Revenue (2022)
$3.5B
6.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-47.7%
(2022 vs 2021)
Market Cap*
$2.4B
Net Profit Margin (2022)
XYZ
-50.8%
(2022 vs 2021)
* As of and is in US$
Granite Construction Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Products | New Construction | Granite |
| Aggregates | Site Preparation | Garco |
| Asphalt | Design-Build | Granite Construction Supply & Sign Shop |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In February, the company was awarded a contract by the Federal Highway Administration for The Polychrome Area Improvements Construction Manager/General Contractor project. |
| 2024 | Contracts/Agreements | In January, the company secured a contract worth approximately US$55 million from the City of Tucson to broaden Grant Road from Palo Verde to Venice. |
| 2024 | Corporate Changes/Expansions | In January, the company unveiled a fully automated aggregate plant in Tucson, Arizona, the US. |
Competitor Comparison
| Key Parameters | Granite Construction Inc | Fluor Corp | EMCOR Group Inc | Tutor Perini Corp | Bechtel Group Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Watsonville | Irving | Norwalk | Sylmar | Reston |
| State/Province | California | Texas | Connecticut | California | Virginia |
| No. of Employees | 2,100 | 30,187 | 38,300 | 8,200 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Michael F. McNally | Chairman | Executive Board | 2021 | 68 |
| Kyle T. Larkin | Chief Executive Officer; President; Director | Executive Board | 2021 | 51 |
| Elizabeth L. Curtis | Executive Vice President; Chief Financial Officer | Senior Management | 2021 | 56 |
| James A. Radich | Executive Vice President; Chief Operating Officer | Senior Management | 2020 | 64 |
| Staci Woolsey | Chief Accounting Officer | Senior Management | 2022 | 46 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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