Granite Construction Incorporated Cash Flow Quality Index
Granite Construction Incorporated cash flow quality index. Granite Construction Incorporated (GVA) has a Cash Flow Quality Index of 3.45x as of December 2025. Operating cash flow of $179.30 Million exceeds net income of $52.03 Million, indicating high earnings quality where cash backs reported profits. See Granite Construction Incorporated leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Granite Construction Incorporated (1988–2025)
Cash flow quality index of Granite Construction Incorporated from 1988 to 2025. Historical Cash Flow Quality Index for Granite Construction Incorporated across 35 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore Granite Construction Incorporated cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Granite Construction Incorporated Cash Flow Quality Index by Year (1988–2025)
Granite Construction Incorporated cash flow quality index by year from 1988 to 2025. Year-by-year earnings quality comparison for Granite Construction Incorporated. For the full cash flow conversion analysis, see cash flow conversion of Granite Construction Incorporated.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.43x | $468.92 Million | $193.00 Million | ▼ -25.2% |
| 2024 | 3.25x | $456.34 Million | $140.44 Million | ▼ -22.9% |
| 2023 | 4.21x | $183.71 Million | $43.60 Million | ▲ +497.1% |
| 2022 | 0.71x | $55.65 Million | $78.86 Million | ▼ -92.2% |
| 2021 | 9.08x | $21.93 Million | $2.41 Million | ▲ +338.1% |
| 2019 | 2.07x | $111.44 Million | $53.74 Million | ▲ +29.0% |
| 2018 | 1.61x | $86.39 Million | $53.74 Million | ▼ -16.7% |
| 2017 | 1.93x | $146.19 Million | $75.80 Million | ▲ +74.6% |
| 2016 | 1.10x | $73.15 Million | $66.20 Million | ▲ +12.6% |
| 2015 | 0.98x | $66.98 Million | $68.25 Million | ▼ -18.4% |
| 2014 | 1.20x | $43.14 Million | $35.88 Million | ▼ -21.5% |
| 2012 | 1.53x | $91.79 Million | $59.92 Million | ▲ +9.6% |
| 2011 | 1.40x | $92.34 Million | $66.08 Million | ▲ +117.8% |
| 2009 | 0.64x | $64.30 Million | $100.20 Million | ▼ -69.5% |
| 2008 | 2.10x | $257.34 Million | $122.40 Million | ▲ +0.3% |
| 2007 | 2.10x | $234.79 Million | $112.06 Million | ▼ -35.0% |
| 2006 | 3.23x | $259.64 Million | $80.51 Million | ▲ +83.0% |
| 2005 | 1.76x | $146.50 Million | $83.15 Million | ▼ -32.6% |
| 2004 | 2.61x | $148.95 Million | $57.01 Million | ▲ +103.7% |
| 2003 | 1.28x | $77.59 Million | $60.50 Million | ▼ -39.3% |
| 2002 | 2.11x | $104.05 Million | $49.28 Million | ▼ -14.4% |
| 2001 | 2.47x | $124.63 Million | $50.53 Million | ▲ +83.9% |
| 2000 | 1.34x | $74.85 Million | $55.81 Million | ▼ -29.1% |
| 1999 | 1.89x | $100.00 Million | $52.90 Million | ▼ -8.4% |
| 1998 | 2.06x | $96.00 Million | $46.50 Million | ▼ -10.0% |
| 1997 | 2.29x | $63.80 Million | $27.80 Million | ▲ +2.0% |
| 1996 | 2.25x | $61.40 Million | $27.30 Million | ▼ -7.9% |
| 1995 | 2.44x | $69.60 Million | $28.50 Million | ▼ -1.2% |
| 1994 | 2.47x | $48.20 Million | $19.50 Million | ▼ -73.9% |
| 1993 | 9.46x | $33.10 Million | $3.50 Million | ▲ +14.2% |
| 1992 | 8.28x | $32.30 Million | $3.90 Million | ▲ +187.5% |
| 1991 | 2.88x | $50.70 Million | $17.60 Million | ▲ +46.8% |
| 1990 | 1.96x | $36.90 Million | $18.80 Million | ▼ -25.9% |
| 1989 | 2.65x | $37.60 Million | $14.20 Million | ▼ -5.9% |
| 1988 | 2.81x | $42.20 Million | $15.00 Million | — |