Granite Construction Incorporated (GVA) — Free Cash Flow Generation Index
Granite Construction Incorporated (GVA) has a Free Cash Flow Generation Index of 0.72x as of December 2025. Free cash flow of $128.76 Million represents 1% of operating cash flow ($179.30 Million). See Granite Construction Incorporated working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Granite Construction Incorporated Free Cash Flow Generation Index (1988–2025)
Historical FCF Generation Index trend for Granite Construction Incorporated across 38 annual periods. Explore GVA operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Granite Construction Incorporated (1988–2025)
Year-by-year Free Cash Flow Generation Index for Granite Construction Incorporated. For the full company profile including market capitalisation, see Granite Construction Incorporated (GVA) market capitalisation.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.71x | $330.65 Million | $468.92 Million | $138.27 Million | ▲ +0.6% |
| 2024 | 0.70x | $319.94 Million | $456.34 Million | $136.41 Million | ▲ +197.3% |
| 2023 | 0.24x | $43.32 Million | $183.71 Million | $140.38 Million | ▲ +119.9% |
| 2022 | -1.19x | $-65.97 Million | $55.65 Million | $121.61 Million | ▲ +64.3% |
| 2021 | -3.32x | $-72.88 Million | $21.93 Million | $94.81 Million | ▼ -8133.0% |
| 2020 | 0.04x | $4.61 Million | $111.44 Million | $106.83 Million | ▼ -95.0% |
| 2019 | 0.83x | $92.73 Million | $111.44 Million | $18.70 Million | ▲ +390.9% |
| 2018 | -0.29x | $-24.71 Million | $86.39 Million | $111.10 Million | ▼ -153.3% |
| 2017 | 0.54x | $78.50 Million | $146.19 Million | $67.69 Million | ▲ +320.4% |
| 2016 | -0.24x | $-17.82 Million | $73.15 Million | $90.97 Million | ▼ -171.6% |
| 2015 | 0.34x | $22.80 Million | $66.98 Million | $44.18 Million | ▲ +5234.7% |
| 2014 | -0.01x | $-286.00K | $43.14 Million | $43.43 Million | ▲ +99.9% |
| 2013 | -7.12x | $-38.30 Million | $5.38 Million | $43.68 Million | ▼ -1306.4% |
| 2012 | 0.59x | $54.17 Million | $91.79 Million | $37.62 Million | ▲ +15.2% |
| 2011 | 0.51x | $47.31 Million | $92.34 Million | $45.03 Million | ▲ +295.4% |
| 2010 | -0.26x | $-7.69 Million | $29.32 Million | $37.00 Million | ▲ +27.8% |
| 2009 | -0.36x | $-23.34 Million | $64.30 Million | $87.64 Million | ▼ -157.2% |
| 2008 | 0.63x | $163.20 Million | $257.34 Million | $94.14 Million | ▲ +28.2% |
| 2007 | 0.49x | $116.18 Million | $234.79 Million | $118.61 Million | ▼ -10.4% |
| 2006 | 0.55x | $143.41 Million | $259.64 Million | $116.24 Million | ▲ +85.3% |
| 2005 | 0.30x | $43.67 Million | $146.50 Million | $102.83 Million | ▼ -25.1% |
| 2004 | 0.40x | $59.31 Million | $148.95 Million | $89.64 Million | ▲ +109.0% |
| 2003 | 0.19x | $14.78 Million | $77.59 Million | $62.80 Million | ▼ -57.5% |
| 2002 | 0.45x | $46.63 Million | $104.05 Million | $57.41 Million | ▼ -5.9% |
| 2001 | 0.48x | $59.37 Million | $124.63 Million | $65.27 Million | ▲ +59.2% |
| 2000 | 0.30x | $22.39 Million | $74.85 Million | $52.45 Million | ▲ +66.2% |
| 1999 | 0.18x | $18.00 Million | $100.00 Million | $82.00 Million | ▼ -60.3% |
| 1998 | 0.45x | $43.50 Million | $96.00 Million | $52.50 Million | ▲ +87.7% |
| 1997 | 0.24x | $15.40 Million | $63.80 Million | $48.40 Million | ▲ +22.5% |
| 1996 | 0.20x | $12.10 Million | $61.40 Million | $46.10 Million | ▼ -58.3% |
| 1995 | 0.47x | $32.90 Million | $69.60 Million | $36.00 Million | ▲ +150.4% |
| 1994 | 0.19x | $9.10 Million | $48.20 Million | $39.10 Million | ▼ -58.9% |
| 1993 | 0.46x | $15.20 Million | $33.10 Million | $17.90 Million | ▲ +0.9% |
| 1992 | 0.46x | $14.70 Million | $32.30 Million | $17.60 Million | ▲ +10.9% |
| 1991 | 0.41x | $20.80 Million | $50.70 Million | $29.90 Million | ▲ +59.4% |
| 1990 | 0.26x | $9.50 Million | $36.90 Million | $27.40 Million | ▼ -43.1% |
| 1989 | 0.45x | $17.00 Million | $37.60 Million | $20.60 Million | ▼ -54.8% |
| 1988 | 1.00x | $42.20 Million | $42.20 Million | $0.00 | — |