Is it safe?
Can GVA take a bad year?
Granite Construction Incorporated carries $926M of net debt at 2.00× EBITDA: a load its earnings can carry.
$926M
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 2.00×
Net debt / EBITDA · 0.97× a year ago · the load is going up
- Altman Z-score
- 3.16
Altman Z-score · safe zone, above 3
- Interest cover
- 5.22×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ1 2026
- $1.24B
- Cash and short-term investments
- $315M
- Net debt
- $926M
- EBITDA, trailing twelve months
- $462M
- Operating profit, trailing twelve months
- $291M
- Debt / equity
- 1.20×
- Total debt / EBITDA
- 2.69×
- Annualised volatilitytwo years of daily moves
- 31%
- Worst drawdown on file
- −85%
- Below its 52-week high
- −21%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Engineering & Construction
Ranks #14 of 27 by Smart Score