Granite Construction Incorporated (GVA) — Tangible Net Worth Ratio
Granite Construction Incorporated (GVA) has a Tangible Net Worth Ratio of 83.9% as of March 2026. This metric is calculated by deducting intangible assets ($174.50 Million) from net assets ($1.08 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See what is Granite Construction Incorporated's book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Granite Construction Incorporated Tangible Net Worth Ratio (1988–2025)
This chart shows how Granite Construction Incorporated's Tangible Net Worth Ratio has changed across 38 annual periods from 1988 to 2025. As of March 2026, the ratio stands at 83.9%, reflecting net assets of $1.08 Billion with intangible assets of $174.50 Million USD. Also explore Granite Construction Incorporated net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Granite Construction Incorporated (1988–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Granite Construction Incorporated from 1988 to 2025, covering 38 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Granite Construction Incorporated stock valuation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 85.3% | $1.22 Billion | $179.55 Million | $4.03 Billion | ▼ -2.9 pp |
| 2024 | 88.2% | $1.08 Billion | $127.89 Million | $3.03 Billion | ▼ -0.4 pp |
| 2023 | 88.6% | $1.03 Billion | $117.32 Million | $2.81 Billion | ▼ -10.5 pp |
| 2022 | 99.1% | $985.14 Million | $9.21 Million | $2.17 Billion | ▲ +0.0 pp |
| 2021 | 99.0% | $995.56 Million | $9.50 Million | $2.49 Billion | ▲ +0.1 pp |
| 2020 | 98.9% | $991.61 Million | $10.60 Million | $2.38 Billion | ▲ +3.1 pp |
| 2019 | 95.9% | $1.14 Billion | $47.06 Million | $2.50 Billion | ▲ +0.6 pp |
| 2018 | 95.3% | $1.40 Billion | $65.72 Million | $2.48 Billion | ▼ -3.1 pp |
| 2017 | 98.4% | $992.80 Million | $16.18 Million | $1.87 Billion | ▲ +0.3 pp |
| 2016 | 98.1% | $922.59 Million | $17.90 Million | $1.73 Billion | ▲ +0.4 pp |
| 2015 | 97.7% | $870.12 Million | $20.33 Million | $1.63 Billion | ▲ +0.4 pp |
| 2014 | 97.3% | $817.11 Million | $22.12 Million | $1.62 Billion | ▲ +0.4 pp |
| 2013 | 96.9% | $786.34 Million | $24.41 Million | $1.62 Billion | ▲ +0.8 pp |
| 2012 | 96.1% | $871.86 Million | $34.05 Million | $1.73 Billion | ▲ +0.1 pp |
| 2011 | 96.0% | $827.66 Million | $33.09 Million | $1.55 Billion | ▲ +0.5 pp |
| 2010 | 95.5% | $795.63 Million | $36.02 Million | $1.54 Billion | ▲ +0.2 pp |
| 2009 | 95.3% | $882.56 Million | $41.53 Million | $1.71 Billion | ▲ +1.3 pp |
| 2008 | 94.0% | $804.28 Million | $48.39 Million | $1.74 Billion | ▲ +0.5 pp |
| 2007 | 93.5% | $723.67 Million | $47.05 Million | $1.79 Billion | ▼ -4.8 pp |
| 2006 | 98.3% | $710.08 Million | $12.26 Million | $1.63 Billion | ▲ +2.4 pp |
| 2005 | 95.8% | $654.79 Million | $27.20 Million | $1.47 Billion | ▲ +1.2 pp |
| 2004 | 94.6% | $575.26 Million | $30.88 Million | $1.28 Billion | ▼ -1.0 pp |
| 2003 | 95.7% | $515.76 Million | $22.33 Million | $1.06 Billion | ▲ +0.6 pp |
| 2002 | 95.1% | $470.19 Million | $23.12 Million | $983.82 Million | ▼ -0.3 pp |
| 2001 | 95.3% | $418.50 Million | $19.50 Million | $929.68 Million | ▼ -4.7 pp |
| 2000 | 100.0% | $377.76 Million | $0.00 | $711.14 Million | ▲ +0.0 pp |
| 1999 | 100.0% | $327.70 Million | $0.00 | $679.60 Million | ▲ +0.0 pp |
| 1998 | 100.0% | $301.30 Million | $0.00 | $626.60 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $257.40 Million | $0.00 | $551.80 Million | ▲ +0.0 pp |
| 1996 | 100.0% | $233.60 Million | $0.00 | $473.00 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $209.90 Million | $0.00 | $454.80 Million | ▲ +0.0 pp |
| 1994 | 100.0% | $182.70 Million | $0.00 | $349.10 Million | ▲ +0.0 pp |
| 1993 | 100.0% | $164.30 Million | $0.00 | $319.40 Million | ▲ +0.0 pp |
| 1992 | 100.0% | $161.10 Million | $0.00 | $308.40 Million | ▲ +0.0 pp |
| 1991 | 100.0% | $155.70 Million | $0.00 | $275.00 Million | ▲ +0.0 pp |
| 1990 | 100.0% | $133.60 Million | $0.00 | $258.00 Million | ▲ +0.0 pp |
| 1989 | 100.0% | $89.10 Million | $0.00 | $243.40 Million | ▲ +0.0 pp |
| 1988 | 100.0% | $71.60 Million | $0.00 | $203.40 Million | — |