Granite Construction Incorporated Financial Flexibility Index
Granite Construction Incorporated financial flexibility index. Granite Construction Incorporated (GVA) has a Financial Flexibility Index of 0.05x as of June 2026. Free cash flow of $202.14 Million (operating CF $172.42 Million minus capex $29.73 Million) represents 0% of total liabilities ($3.97 Billion). See GVA free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Granite Construction Incorporated (1988–2025)
Financial flexibility index of Granite Construction Incorporated from 1988 to 2025. Historical Financial Flexibility Index trend for Granite Construction Incorporated across 38 annual periods. Check GVA cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Granite Construction Incorporated Financial Flexibility Index by Year (1988–2025)
Granite Construction Incorporated financial flexibility index by year from 1988 to 2025. Year-by-year free cash flow to debt coverage for Granite Construction Incorporated. For the full cash flow conversion analysis, see cash flow conversion of Granite Construction Incorporated.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.22x | $607.19 Million | $468.92 Million | $2.81 Billion | ▼ -29.0% |
| 2024 | 0.30x | $592.75 Million | $456.34 Million | $1.95 Billion | ▲ +67.9% |
| 2023 | 0.18x | $324.09 Million | $183.71 Million | $1.79 Billion | ▲ +21.0% |
| 2022 | 0.15x | $177.26 Million | $55.65 Million | $1.18 Billion | ▲ +92.5% |
| 2021 | 0.08x | $116.74 Million | $21.93 Million | $1.50 Billion | ▼ -50.5% |
| 2020 | 0.16x | $218.27 Million | $111.44 Million | $1.39 Billion | ▲ +64.4% |
| 2019 | 0.10x | $130.14 Million | $111.44 Million | $1.36 Billion | ▼ -47.7% |
| 2018 | 0.18x | $197.49 Million | $86.39 Million | $1.08 Billion | ▼ -24.8% |
| 2017 | 0.24x | $213.89 Million | $146.19 Million | $879.17 Million | ▲ +20.2% |
| 2016 | 0.20x | $164.12 Million | $73.15 Million | $810.86 Million | ▲ +38.0% |
| 2015 | 0.15x | $111.16 Million | $66.98 Million | $757.74 Million | ▲ +36.1% |
| 2014 | 0.11x | $86.57 Million | $43.14 Million | $803.39 Million | ▲ +82.5% |
| 2013 | 0.06x | $49.06 Million | $5.38 Million | $830.81 Million | ▼ -60.9% |
| 2012 | 0.15x | $129.41 Million | $91.79 Million | $857.63 Million | ▼ -20.9% |
| 2011 | 0.19x | $137.38 Million | $92.34 Million | $720.14 Million | ▲ +112.8% |
| 2010 | 0.09x | $66.32 Million | $29.32 Million | $739.90 Million | ▼ -51.2% |
| 2009 | 0.18x | $151.95 Million | $64.30 Million | $827.02 Million | ▼ -50.9% |
| 2008 | 0.37x | $351.47 Million | $257.34 Million | $939.17 Million | ▲ +12.5% |
| 2007 | 0.33x | $353.40 Million | $234.79 Million | $1.06 Billion | ▼ -18.4% |
| 2006 | 0.41x | $375.88 Million | $259.64 Million | $922.76 Million | ▲ +33.5% |
| 2005 | 0.31x | $249.33 Million | $146.50 Million | $817.44 Million | ▼ -10.2% |
| 2004 | 0.34x | $238.58 Million | $148.95 Million | $702.69 Million | ▲ +31.7% |
| 2003 | 0.26x | $140.39 Million | $77.59 Million | $544.65 Million | ▼ -18.0% |
| 2002 | 0.31x | $161.46 Million | $104.05 Million | $513.63 Million | ▼ -15.4% |
| 2001 | 0.37x | $189.90 Million | $124.63 Million | $511.18 Million | ▼ -2.7% |
| 2000 | 0.38x | $127.30 Million | $74.85 Million | $333.38 Million | ▼ -26.2% |
| 1999 | 0.52x | $182.00 Million | $100.00 Million | $351.90 Million | ▲ +13.3% |
| 1998 | 0.46x | $148.50 Million | $96.00 Million | $325.30 Million | ▲ +19.8% |
| 1997 | 0.38x | $112.20 Million | $63.80 Million | $294.40 Million | ▼ -15.1% |
| 1996 | 0.45x | $107.50 Million | $61.40 Million | $239.40 Million | ▲ +4.1% |
| 1995 | 0.43x | $105.60 Million | $69.60 Million | $244.90 Million | ▼ -17.8% |
| 1994 | 0.52x | $87.30 Million | $48.20 Million | $166.40 Million | ▲ +59.6% |
| 1993 | 0.33x | $51.00 Million | $33.10 Million | $155.10 Million | ▼ -2.9% |
| 1992 | 0.34x | $49.90 Million | $32.30 Million | $147.30 Million | ▼ -49.9% |
| 1991 | 0.68x | $80.60 Million | $50.70 Million | $119.30 Million | ▲ +30.7% |
| 1990 | 0.52x | $64.30 Million | $36.90 Million | $124.40 Million | ▲ +37.0% |
| 1989 | 0.38x | $58.20 Million | $37.60 Million | $154.30 Million | ▲ +17.8% |
| 1988 | 0.32x | $42.20 Million | $42.20 Million | $131.80 Million | — |