Granite Construction Incorporated (GVA) — Capital Reinvestment Ratio
Granite Construction Incorporated (GVA) has a Capital Reinvestment Ratio of 0.17x as of June 2026, meaning it reinvests 0% of its operating cash flow ($172.42 Million) in capital expenditures ($29.73 Million). Check Granite Construction Incorporated tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Granite Construction Incorporated Capital Reinvestment Ratio (1989–2025)
This chart tracks Granite Construction Incorporated's Capital Reinvestment Ratio across 37 annual periods. For the full cash flow conversion analysis, see Granite Construction Incorporated cash flow conversion.
Annual Capital Reinvestment Ratio for Granite Construction Incorporated (1989–2025)
Year-by-year Capital Reinvestment Ratio for Granite Construction Incorporated from 1989 to 2025. See GVA FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.29x | $468.92 Million | $138.27 Million | ▼ -1.4% |
| 2024 | 0.30x | $456.34 Million | $136.41 Million | ▼ -60.9% |
| 2023 | 0.76x | $183.71 Million | $140.38 Million | ▼ -65.0% |
| 2022 | 2.19x | $55.65 Million | $121.61 Million | ▼ -49.4% |
| 2021 | 4.32x | $21.93 Million | $94.81 Million | ▲ +351.0% |
| 2020 | 0.96x | $111.44 Million | $106.83 Million | ▲ +471.2% |
| 2019 | 0.17x | $111.44 Million | $18.70 Million | ▼ -86.9% |
| 2018 | 1.29x | $86.39 Million | $111.10 Million | ▲ +177.7% |
| 2017 | 0.46x | $146.19 Million | $67.69 Million | ▼ -62.8% |
| 2016 | 1.24x | $73.15 Million | $90.97 Million | ▲ +88.5% |
| 2015 | 0.66x | $66.98 Million | $44.18 Million | ▼ -34.5% |
| 2014 | 1.01x | $43.14 Million | $43.43 Million | ▼ -87.6% |
| 2013 | 8.12x | $5.38 Million | $43.68 Million | ▲ +1881.0% |
| 2012 | 0.41x | $91.79 Million | $37.62 Million | ▼ -16.0% |
| 2011 | 0.49x | $92.34 Million | $45.03 Million | ▼ -61.4% |
| 2010 | 1.26x | $29.32 Million | $37.00 Million | ▼ -7.4% |
| 2009 | 1.36x | $64.30 Million | $87.64 Million | ▲ +272.6% |
| 2008 | 0.37x | $257.34 Million | $94.14 Million | ▼ -27.6% |
| 2007 | 0.51x | $234.79 Million | $118.61 Million | ▲ +12.8% |
| 2006 | 0.45x | $259.64 Million | $116.24 Million | ▼ -36.2% |
| 2005 | 0.70x | $146.50 Million | $102.83 Million | ▲ +16.6% |
| 2004 | 0.60x | $148.95 Million | $89.64 Million | ▼ -25.7% |
| 2003 | 0.81x | $77.59 Million | $62.80 Million | ▲ +46.7% |
| 2002 | 0.55x | $104.05 Million | $57.41 Million | ▲ +5.4% |
| 2001 | 0.52x | $124.63 Million | $65.27 Million | ▼ -25.3% |
| 2000 | 0.70x | $74.85 Million | $52.45 Million | ▼ -14.5% |
| 1999 | 0.82x | $100.00 Million | $82.00 Million | ▲ +49.9% |
| 1998 | 0.55x | $96.00 Million | $52.50 Million | ▼ -27.9% |
| 1997 | 0.76x | $63.80 Million | $48.40 Million | ▲ +1.0% |
| 1996 | 0.75x | $61.40 Million | $46.10 Million | ▲ +45.2% |
| 1995 | 0.52x | $69.60 Million | $36.00 Million | ▼ -36.2% |
| 1994 | 0.81x | $48.20 Million | $39.10 Million | ▲ +50.0% |
| 1993 | 0.54x | $33.10 Million | $17.90 Million | ▼ -0.8% |
| 1992 | 0.54x | $32.30 Million | $17.60 Million | ▼ -7.6% |
| 1991 | 0.59x | $50.70 Million | $29.90 Million | ▼ -20.6% |
| 1990 | 0.74x | $36.90 Million | $27.40 Million | ▲ +35.5% |
| 1989 | 0.55x | $37.60 Million | $20.60 Million | — |