About Granite Construction
Granite Construction is a company based in Watsonville (United States) founded in 1922.. The company has 4,400 employees as of December 31, 2024. Granite Construction has completed 9 acquisitions, including Coast Mountain Resources, Diani and Dickerson & Bowen. Granite Construction offers products and services including Aggregate, Asphalt, Concrete, and Liquid Asphalt. Granite Construction operates in a competitive market with competitors including CRH, DuPont, The AZEK, Kennametal and US LBM, among others.
- Headquarter Watsonville, United States
- Employees 4400 as on 31 Dec, 2024
- Stage Public
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Granite Construction Incorporated
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Annual Revenue
$4.01 B14.2as on Dec 31, 2024
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Net Profit
$126.35 M189.79as on Dec 31, 2024
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EBITDA
$324.93 M125.67as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
4400
as on Dec 31, 2024
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Investments & Acquisitions
Coast Mountain Resources
& 8 more
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IPO & Listings of Granite Construction
Granite Construction is a publicly listed company on the NYSE with ticker symbol GVA in USA, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Granite Construction
Granite Construction offers a comprehensive portfolio of products and services, including Aggregate, Asphalt, Concrete, and Liquid Asphalt. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Materials for infrastructure projects like roads and buildings.
Paving material used in transportation infrastructure.
Building material for structures and foundations.
Specialized asphalt for road surfacing applications.
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Leadership Team
37 people
Human Resources and Administration
29 people
Software Development Team
28 people
Sales and Marketing
24 people
Finance and Accounting
24 people
Area Team
12 people
Product Management Team
12 people
Legal and Compliance
8 people
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Funding Insights of Granite Construction
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Granite Construction
Granite Construction has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Coast Mountain Resources, Diani and Dickerson & Bowen. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Manufacturer of concrete aggregates
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2020 | ||||
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Pipeline rehabilitation services for clean water and wastewater are provided.
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2000 | ||||
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Water management, construction, and drilling services are provided.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Granite Construction
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Granite Construction Comparisons
Competitors of Granite Construction
Granite Construction operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CRH, DuPont, The AZEK, Kennametal and US LBM, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Diversified building materials are manufactured and supplied worldwide.
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| domain | founded_year | HQ Location |
Developer of chemical products, construction & packaging materials, and water solutions
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| domain | founded_year | HQ Location |
Manufacturer of sustainable outdoor living products using recycled materials
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| domain | founded_year | HQ Location |
Industrial tools and equipment are supplied globally by Kennametal.
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| domain | founded_year | HQ Location |
Manufacturer and supplier of hardware building products
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| domain | founded_year | HQ Location |
Manufacturer of roofing, insulation, and composite materials
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Granite Construction
Frequently Asked Questions about Granite Construction
When was Granite Construction founded?
Granite Construction was founded in 1922.
Where is Granite Construction located?
Granite Construction is headquartered in Watsonville, United States. It is registered at Watsonville, California, United States.
Who is the current CEO of Granite Construction?
James Roberts is the current CEO of Granite Construction.
How many employees does Granite Construction have?
As of Dec 31, 2024, the latest employee count at Granite Construction is 4,400.
What is the annual revenue of Granite Construction?
Annual revenue of Granite Construction is $4.01B as on Dec 31, 2024.
What does Granite Construction do?
Granite Construction was founded in 1922 and is headquartered in Watsonville, California, United States. Heavy civil construction services are offered by the company in sectors such as mining, earthwork, water and sewer infrastructure, power facilities, tunnelling, rail systems, highways, and bridges. Operations focus on infrastructure development, with projects executed primarily in the United States.
Who are the top competitors of Granite Construction?
Granite Construction's top competitors include CRH, DuPont and Kennametal.
What products or services does Granite Construction offer?
Granite Construction offers Aggregate, Asphalt, Concrete, and Liquid Asphalt.
Is Granite Construction publicly traded?
Yes, Granite Construction is publicly traded on NYSE under the ticker symbol GVA.
How many acquisitions has Granite Construction made?
Granite Construction has made 9 acquisitions, including Coast Mountain Resources, Diani, and Dickerson & Bowen.
What is Granite Construction's ticker symbol?
The ticker symbol of Granite Construction is GVA on NYSE.