Granite Construction Incorporated cash flow to debt ratio of 28.89% indicates that the company generates enough cash to cover its debts. This level indicates strong financial health.

Granite Construction Incorporated's free cash flow has increased 3.35% from $319.94M last year to $330.65M, signaling increasing performance

Granite Construction Incorporated's debt to equity ratio is 1.35, which means that the company's assets are unhealthy financed, signaling financial risk. READ MORE: A ratio over 0.60 means the company finances its assets with debt, signaling financial risk. If ratio is negative, the company spent its own equity and risks bankruptcy

Granite Construction Incorporated's debt has increased relative to shareholder equity from 0.82 last year to 1.35 today, signaling weakened financials

Granite Construction Incorporated has a net debt to EBITDA ratio of 2.19x, which is below the 3.00x threshold, indicating healthy leverage and financial stability

Granite Construction Incorporated's interest coverage ratio of 4.97 indicates that earnings with good margin can cover interest payments on company debt

Granite Construction Incorporated's profit margin has increased (26.51%) in the last year from 3.15% to 3.99%, signaling increasing performance

Granite Construction Incorporated's short-term assets of $1.81G exceed its short-term liabilities of $1.48G

Granite Construction Incorporated's return on assets of 4.89% is lower than the 5.00% threshold, indicating inefficient asset utilization

Granite Construction Incorporated's return on equity of 16.70%, is higher than 15.00%, indicating good performance

Granite Construction Incorporated's operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation

Granite Construction Incorporated had positive net income in 5.00 out of 5 years, indicating stable and consistent earnings

Granite Construction Incorporated has positive free cash flow, indicating the company generates cash after capital expenditures

Granite Construction Incorporated has a free cash flow yield of 6.25%, which is above the 2.00% threshold, indicating strong cash generation relative to market value

Granite Construction Incorporated's yearly earnings has increased 52.76% since last year from $126.35M to $193.00M, signaling increasing performance

Granite Construction Incorporated's yearly revenue has increased 10.40% since last year from $4.01G to $4.42G, signaling increasing performance

ROIC 7.73% (Source: FMP key-metrics). In the 5–10% partial-credit band. Score: 1 of 2. This band sits within the typical US weighted-average cost of capital range. Methodology choice can change the conclusion: under FMP's invested-capital definition the company is at or near its cost of capital; under narrower operating-capital definitions the same company may score higher. Invested capital here includes equity, non-current liabilities, and short-term debt. Cash is not subtracted. See methodology.

Granite Construction Incorporated's 3-year revenue CAGR of 10.25% is positive, indicating growing revenue over the past 3 years

Granite Construction Incorporated had revenue growth in 3.00 out of 5 years, indicating consistent revenue performance

Granite Construction Incorporated had positive ROE in 5.00 out of 5 years, indicating consistent and reliable returns on equity

Granite Construction Incorporated is overvalued relative to its fair value price of 109.40 based on Discounted Cash Flow model

Granite Construction Incorporated has an earnings yield of 3.51%, which is below the 4.00% threshold, indicating the stock may be expensive relative to its earnings

Granite Construction Incorporated is overvalued relative to its fair value price of 43.04 based on EBITDA multiple model

Granite Construction Incorporated has an EV/EBITDA ratio of 12.81x, which is below the 20.00x threshold, indicating reasonable valuation relative to its operating earnings

Granite Construction Incorporated is overvalued relative to its fair value price of 24.11 based on Earnings Fair Value model

Granite Construction Incorporated has a PEG-ratio under 1 which is considered undervalued

Granite Construction Incorporated has a price-to-book ratio of 4.87x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value

Granite Construction Incorporated has a price-to-sales ratio of 1.14x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue