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 working capital to net assets of Granite Construction Incorporated to evaluate short-term liquidity relative to the company's equity base.
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. See Granite Construction Incorporated defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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 market capitalisation.
| 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 | — |