Granite Construction Incorporated
New York Stock ExchangeCapital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Company Description
- CEO
- Kyle T. Larkin
- Full Time Employees
- 2,500
- Sector
- Industrials
- Industry
- Engineering & Construction
- Address
- 585 West Beach Street Watsonville CA United States of America 95076
- IPO Date
- Apr 20, 1990
- CIK
- 0000861459
- Website
- graniteconstruction.com
- Similar Companies
- Business
- Granite Construction Incorporated (NYSE: GVA) is a diversified heavy civil construction and construction materials company that delivers infrastructure solutions for public and private clients throughout the Americas, with a focus on transportation, water infrastructure, and mineral exploration markets; it provides construction services encompassing highways, bridges, airports, ports and marine facilities, rail and mass transit, dams, locks, reservoirs, water transmission and delivery, well drilling, pump sales and service, well rehabilitation, site preparation, mining, and infrastructure for railways, residential development, energy development, commercial and industrial facilities; in addition, the company produces and supplies construction materials including specialty aggregates, sand, gravel, asphalt concrete from 76 facilities primarily in the western United States, and offers complementary services through subsidiaries such as Granite Construction Supply for construction supplies, rental equipment, sign fabrication, banners, decals, and fleet graphics; Granite Inliner for cured-in-place pipe (CIPP) and trenchless pipeline rehabilitation; and Granite Power for material management, transmission and distribution construction, and energy efficiency facilities management. Founded in 1922 and headquartered in Watsonville, California, Granite operates through regional groups including the California Group, Mountain Group, and Central Group, with recent expansions into the Southeast United States, serving markets across the West, Central regions, Mississippi, Gulf Coast areas of Louisiana and Alabama, and beyond; the company maintains approximately 2,100 employees and holds notable market share in remediation and environmental cleanup services as well as water and sewer line construction. Recent developments include the completion of acquisitions of Warren Paving in Mississippi and Papich Construction in California for a combined $710 million in August 2025, enhancing vertical integration with additional aggregate quarries, asphalt plants, paving operations, and over 440 million tons of reserves while boosting annual aggregate production by 27%; subsidiary Centennial Aggregate Inc. acquired Cinderlite Trucking Corporation in Carson City, Nevada in October 2025, further expanding construction materials, landscape supply, and transportation capabilities; these moves follow prior Southeast acquisitions such as Lehman-Roberts and Memphis Stone & Gravel in 2023 and Dickerson & Bowen in 2024, increasing aggregate production to 25 million tons from 16 million in 2021 and driving record backlog to $6.3 billion as of third quarter 2025, with raised full-year revenue guidance to $4.35 billion-$4.55 billion.
Company News
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