Granite Construction Incorporated (GVA) — Cash Flow Reinvestment Rate
Granite Construction Incorporated (GVA) has a Cash Flow Reinvestment Rate of 0.59x as of December 2025, reinvesting $105.35 Million (capex $50.54 Million plus investments $54.81 Million) from operating cash flow of $179.30 Million. Check earnings quality score of Granite Construction Incorporated to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Granite Construction Incorporated Cash Flow Reinvestment Rate (1988–2025)
Historical reinvestment intensity for Granite Construction Incorporated across 38 annual periods. Explore how much of Granite Construction Incorporated's assets are long-term investments to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Granite Construction Incorporated (1988–2025)
Year-by-year capital reinvestment analysis for Granite Construction Incorporated. For live market cap and broader valuation context, see Granite Construction Incorporated (GVA) market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.54x | $251.42 Million | $468.92 Million | $138.27 Million | ▼ -33.0% |
| 2024 | 0.80x | $364.96 Million | $456.34 Million | $136.41 Million | ▼ -70.6% |
| 2023 | 2.72x | $499.67 Million | $183.71 Million | $140.38 Million | ▼ -11.3% |
| 2022 | 3.07x | $170.71 Million | $55.65 Million | $121.61 Million | ▼ -35.8% |
| 2021 | 4.78x | $104.81 Million | $21.93 Million | $94.81 Million | ▲ +259.6% |
| 2020 | 1.33x | $148.09 Million | $111.44 Million | $106.83 Million | ▲ +204.1% |
| 2019 | 0.44x | $48.70 Million | $111.44 Million | $18.70 Million | ▼ -78.6% |
| 2018 | 2.04x | $176.15 Million | $86.39 Million | $111.10 Million | ▲ +318.7% |
| 2017 | 0.49x | $71.19 Million | $146.19 Million | $67.69 Million | ▼ -67.4% |
| 2016 | 1.49x | $109.09 Million | $73.15 Million | $90.97 Million | ▲ +122.5% |
| 2015 | 0.67x | $44.89 Million | $66.98 Million | $44.18 Million | ▼ -50.5% |
| 2014 | 1.35x | $58.45 Million | $43.14 Million | $43.43 Million | ▼ -85.4% |
| 2013 | 9.29x | $49.96 Million | $5.38 Million | $43.68 Million | ▲ +991.0% |
| 2012 | 0.85x | $78.13 Million | $91.79 Million | $37.62 Million | ▲ +34.5% |
| 2011 | 0.63x | $58.44 Million | $92.34 Million | $45.03 Million | ▼ -87.4% |
| 2010 | 5.01x | $146.90 Million | $29.32 Million | $37.00 Million | ▲ +267.6% |
| 2009 | 1.36x | $87.64 Million | $64.30 Million | $87.64 Million | ▲ +272.6% |
| 2008 | 0.37x | $94.14 Million | $257.34 Million | $94.14 Million | ▼ -27.6% |
| 2007 | 0.51x | $118.61 Million | $234.79 Million | $118.61 Million | ▲ +12.8% |
| 2006 | 0.45x | $116.24 Million | $259.64 Million | $116.24 Million | ▼ -36.2% |
| 2005 | 0.70x | $102.83 Million | $146.50 Million | $102.83 Million | ▲ +16.6% |
| 2004 | 0.60x | $89.64 Million | $148.95 Million | $89.64 Million | ▼ -25.7% |
| 2003 | 0.81x | $62.80 Million | $77.59 Million | $62.80 Million | ▲ +46.7% |
| 2002 | 0.55x | $57.41 Million | $104.05 Million | $57.41 Million | ▲ +5.4% |
| 2001 | 0.52x | $65.27 Million | $124.63 Million | $65.27 Million | ▼ -25.3% |
| 2000 | 0.70x | $52.45 Million | $74.85 Million | $52.45 Million | ▼ -14.5% |
| 1999 | 0.82x | $82.00 Million | $100.00 Million | $82.00 Million | ▲ +49.9% |
| 1998 | 0.55x | $52.50 Million | $96.00 Million | $52.50 Million | ▼ -27.9% |
| 1997 | 0.76x | $48.40 Million | $63.80 Million | $48.40 Million | ▲ +1.0% |
| 1996 | 0.75x | $46.10 Million | $61.40 Million | $46.10 Million | ▲ +45.2% |
| 1995 | 0.52x | $36.00 Million | $69.60 Million | $36.00 Million | ▼ -36.2% |
| 1994 | 0.81x | $39.10 Million | $48.20 Million | $39.10 Million | ▲ +50.0% |
| 1993 | 0.54x | $17.90 Million | $33.10 Million | $17.90 Million | ▼ -0.8% |
| 1992 | 0.54x | $17.60 Million | $32.30 Million | $17.60 Million | ▼ -7.6% |
| 1991 | 0.59x | $29.90 Million | $50.70 Million | $29.90 Million | ▼ -20.6% |
| 1990 | 0.74x | $27.40 Million | $36.90 Million | $27.40 Million | ▲ +35.5% |
| 1989 | 0.55x | $20.60 Million | $37.60 Million | $20.60 Million | — |
| 1988 | 0.00x | $0.00 | $42.20 Million | $0.00 | — |