Granite Construction price to free cash flow GVA

Market value divided by free cash flow over the last twelve months, since 2011.

Today, Oct 23, 2026: 9.9×
9-year median: 16.7×
Against its 9-year history: 5th; percentile: 0 is its lowest day, 100 its highest
9-year range: 7.2× to 229×
Peer median: 20.5×

Granite Construction's price to free cash flow is 9.9× as of Oct 23, 2026.

That is below its 9-year median of 16.7×, lower than on 95% of days in the last 9 years.

Over that time it ranged from 7.2× in Jul 2021 to 229× in May 2017.

The median for 10 engineering and Construction stocks of a similar size is 20.5×.

Price to free cash flow over time

median 16.7×

The dashed line is the 9-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	9.9×	9.9×	23.2×
2025	15.0×	9.8×	15.7×
2024	13.3×	12.9×	58.0×
2023	n/m a value too high to mean anything
2022	15.1×	15.1×	18.0×
2021	18.0×	7.2×	19.8×
2020	n/m a value too high to mean anything
2019	n/m a value too high to mean anything
2018	64.0×	27.0×	72.2×
2017	32.3×	28.1×	229×
2016	80.7×	28.7×	82.8×
2015	34.0×	30.0×	97.2×
2014	n/m a value too high to mean anything
2013	33.5×	17.9×	57.7×
2012	17.2×	14.9×	39.5×
2011	103×	44.5×	103×

Against its peers

Companies in Engineering & Construction nearest Granite Construction's size, closest first, today.

Company	Price to free cash flow
GVAGranite Construction	9.9×
AGXArgan	8.5×
ROADConstruction Partners	26.8×
KBRKBR	13.9×
VSECVSE	n/m
MYRGMYR	20.5×
PRIMPrimoris Services	39.8×
DYDycom Industries	14.5×
ACMAecom	38.3×
IESCIES	37.3×
TTEKTetra Tech	17.3×
Peer median	20.5×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Granite Construction

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.