Granite Construction Incorporated (GVA) — Working Capital to Net Assets Ratio
Granite Construction Incorporated (GVA) has a Working Capital to Net Assets ratio of 11.6% as of March 2026. Working capital of $125.86 Million (current assets of $1.60 Billion minus current liabilities of $1.48 Billion) is measured against net assets of $1.08 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Granite Construction Incorporated to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Granite Construction Incorporated Working Capital to Net Assets (1988–2025)
This chart shows how Granite Construction Incorporated's Working Capital to Net Assets ratio has evolved across 38 annual periods from 1988 to 2025. As of March 2026, the ratio stands at 11.6%, reflecting working capital of $125.86 Million against net assets of $1.08 Billion USD. Check Granite Construction Incorporated (GVA) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Granite Construction Incorporated (1988–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Granite Construction Incorporated from 1988 to 2025, covering 38 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see GVA market cap overview.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 27.1% | $330.49 Million | $1.22 Billion | $1.81 Billion | $1.48 Billion | ▼ -36.4 pp |
| 2024 | 63.4% | $684.70 Million | $1.08 Billion | $1.72 Billion | $1.03 Billion | ▲ +3.7 pp |
| 2023 | 59.7% | $613.57 Million | $1.03 Billion | $1.64 Billion | $1.03 Billion | ▲ +3.9 pp |
| 2022 | 55.8% | $549.70 Million | $985.14 Million | $1.35 Billion | $797.59 Million | ▼ -20.3 pp |
| 2021 | 76.1% | $758.08 Million | $995.56 Million | $1.83 Billion | $1.07 Billion | ▲ +24.5 pp |
| 2020 | 51.6% | $511.99 Million | $991.61 Million | $1.46 Billion | $943.26 Million | ▲ +4.8 pp |
| 2019 | 46.9% | $534.88 Million | $1.14 Billion | $1.38 Billion | $842.06 Million | ▲ +3.7 pp |
| 2018 | 43.1% | $603.07 Million | $1.40 Billion | $1.34 Billion | $737.44 Million | ▼ -14.9 pp |
| 2017 | 58.1% | $576.80 Million | $992.80 Million | $1.23 Billion | $655.27 Million | ▼ -2.5 pp |
| 2016 | 60.6% | $559.06 Million | $922.59 Million | $1.09 Billion | $529.93 Million | ▲ +0.9 pp |
| 2015 | 59.7% | $519.18 Million | $870.12 Million | $985.22 Million | $466.05 Million | ▼ -2.4 pp |
| 2014 | 62.1% | $507.35 Million | $817.11 Million | $970.18 Million | $462.83 Million | ▲ +4.5 pp |
| 2013 | 57.6% | $452.63 Million | $786.34 Million | $950.20 Million | $497.57 Million | ▲ +1.3 pp |
| 2012 | 56.3% | $490.79 Million | $871.86 Million | $1.02 Billion | $531.27 Million | ▲ +0.6 pp |
| 2011 | 55.7% | $461.25 Million | $827.66 Million | $909.72 Million | $448.47 Million | ▼ -4.0 pp |
| 2010 | 59.7% | $475.08 Million | $795.63 Million | $913.86 Million | $438.78 Million | ▲ +3.0 pp |
| 2009 | 56.7% | $500.61 Million | $882.56 Million | $1.01 Billion | $506.11 Million | ▼ -2.5 pp |
| 2008 | 59.2% | $475.94 Million | $804.28 Million | $1.10 Billion | $626.62 Million | ▲ +4.2 pp |
| 2007 | 54.9% | $397.57 Million | $723.67 Million | $1.13 Billion | $729.95 Million | ▲ +9.9 pp |
| 2006 | 45.0% | $319.76 Million | $710.08 Million | $1.08 Billion | $763.44 Million | ▼ -11.1 pp |
| 2005 | 56.2% | $367.80 Million | $654.79 Million | $976.95 Million | $609.15 Million | ▼ -5.7 pp |
| 2004 | 61.9% | $355.93 Million | $575.26 Million | $825.34 Million | $469.41 Million | ▲ +9.5 pp |
| 2003 | 52.3% | $269.95 Million | $515.76 Million | $618.65 Million | $348.70 Million | ▲ +5.5 pp |
| 2002 | 46.9% | $220.40 Million | $470.19 Million | $547.89 Million | $327.50 Million | ▼ -12.5 pp |
| 2001 | 59.4% | $248.41 Million | $418.50 Million | $586.92 Million | $338.50 Million | ▲ +11.7 pp |
| 2000 | 47.7% | $180.05 Million | $377.76 Million | $411.63 Million | $231.58 Million | ▲ +3.8 pp |
| 1999 | 43.8% | $143.60 Million | $327.70 Million | $402.30 Million | $258.70 Million | ▼ -3.4 pp |
| 1998 | 47.3% | $142.40 Million | $301.30 Million | $370.80 Million | $228.40 Million | ▲ +6.9 pp |
| 1997 | 40.4% | $103.90 Million | $257.40 Million | $314.30 Million | $210.40 Million | ▲ +0.8 pp |
| 1996 | 39.6% | $92.50 Million | $233.60 Million | $263.80 Million | $171.30 Million | ▲ +2.8 pp |
| 1995 | 36.8% | $77.20 Million | $209.90 Million | $258.30 Million | $181.10 Million | ▲ +0.9 pp |
| 1994 | 35.9% | $65.50 Million | $182.70 Million | $198.80 Million | $133.30 Million | ▼ -3.5 pp |
| 1993 | 39.3% | $64.60 Million | $164.30 Million | $175.80 Million | $111.20 Million | ▲ +6.0 pp |
| 1992 | 33.3% | $53.70 Million | $161.10 Million | $162.30 Million | $108.60 Million | ▼ -3.8 pp |
| 1991 | 37.1% | $57.80 Million | $155.70 Million | $162.20 Million | $104.40 Million | ▼ -4.0 pp |
| 1990 | 41.1% | $54.90 Million | $133.60 Million | $160.20 Million | $105.30 Million | ▼ -1.0 pp |
| 1989 | 42.1% | $37.50 Million | $89.10 Million | $152.10 Million | $114.60 Million | ▼ -16.9 pp |
| 1988 | 58.9% | $42.20 Million | $71.60 Million | $129.70 Million | $87.50 Million | — |