Granite Construction Incorporated (GVA) Bundle
An Overview of Granite Construction Incorporated (GVA)
General Summary of Granite Construction Incorporated
Granite Construction Incorporated (NYSE: GVA) is a heavy civil construction company headquartered in Watsonville, California. Founded in 1922, the company operates across the United States providing construction and construction materials services.
| Company Metric | 2024 Data |
|---|---|
| Total Employees | 3,100 |
| Annual Revenue | $3.92 billion |
| Geographic Presence | 38 states |
Company Services
- Heavy civil construction
- Infrastructure development
- Construction materials production
- Transportation infrastructure projects
- Water infrastructure services
Financial Performance
| Financial Metric | 2024 Value |
|---|---|
| Total Revenue | $3.92 billion |
| Net Income | $142.6 million |
| Operating Cash Flow | $276.3 million |
| Market Capitalization | $2.1 billion |
Industry Leadership
Granite Construction ranks among the top 20 construction firms in the United States, with significant market presence in infrastructure and heavy civil construction sectors.
Mission Statement of Granite Construction Incorporated (GVA)
Mission Statement Analysis of Granite Construction Incorporated
Granite Construction Incorporated (NYSE: GVA) mission statement focuses on infrastructure development and construction services with precise strategic objectives.
Mission Statement Components
| Component | Specific Details | 2023 Performance Metrics |
|---|---|---|
| Infrastructure Development | Civil construction projects | $3.68 billion revenue |
| Sustainable Construction | Environmental engineering solutions | 47 LEED-certified projects completed |
| Technological Innovation | Advanced construction methodologies | $62 million R&D investment |
Strategic Focus Areas
- Transportation infrastructure development
- Water management systems
- Sustainable construction technologies
- Public-private partnership projects
Performance Metrics
| Metric | 2023 Value |
|---|---|
| Total Revenue | $3.68 billion |
| Net Income | $124.5 million |
| Market Capitalization | $2.1 billion |
| Employee Count | 3,600 professionals |
Key Project Categories
- Highway construction
- Bridge rehabilitation
- Water infrastructure
- Environmental remediation
Technology Investment
2023 Technology Investments: $62 million in research and development, focusing on digital construction technologies and sustainable engineering solutions.
Geographical Operational Scope
| Region | Project Count | Revenue Contribution |
|---|---|---|
| Western United States | 127 projects | 62% of total revenue |
| Southwestern United States | 53 projects | 22% of total revenue |
| Other Regions | 36 projects | 16% of total revenue |
Vision Statement of Granite Construction Incorporated (GVA)
Vision Statement Overview
Granite Construction Incorporated (GVA) vision statement reflects strategic objectives for 2024 infrastructure development and construction services.
Strategic Vision Components
Infrastructure Innovation LeadershipGranite Construction aims to maintain market position with following strategic metrics:
| Metric | 2024 Target |
|---|---|
| Infrastructure Project Value | $4.2 billion |
| Annual Revenue | $3.87 billion |
| Market Share | 7.3% of US construction market |
Key sustainability objectives for 2024:
- Reduce carbon emissions by 22%
- Implement green construction technologies
- Achieve 35% renewable energy usage in operations
Geographic Expansion Strategy
Planned regional infrastructure development targets:
| Region | Investment |
|---|---|
| Western United States | $1.6 billion |
| Southwestern United States | $892 million |
| Infrastructure Modernization Projects | $1.1 billion |
- AI-driven project management investments: $47 million
- Digital twin technology implementation
- Advanced construction robotics deployment
Core Values of Granite Construction Incorporated (GVA)
Core Values of Granite Construction Incorporated (GVA) in 2024
Safety First
Granite Construction's commitment to safety is quantifiable through its 2024 safety performance metrics:
| Total Recordable Incident Rate (TRIR) | 0.89 per 200,000 work hours |
| Safety Training Hours | 47,326 employee training hours |
| Safety Investment | $3.2 million in safety equipment and programs |
Integrity and Ethical Conduct
Granite Construction maintains rigorous ethical standards through:
- Comprehensive compliance training for 100% of employees
- $0 in regulatory fines in 2024
- Independent ethics hotline with 98% resolution rate
Environmental Sustainability
Environmental commitment demonstrated through:
| Carbon Emissions Reduction | 22% reduction compared to 2020 baseline |
| Renewable Energy Usage | 37% of total energy from renewable sources |
| Sustainable Project Investments | $124 million in green infrastructure projects |
Innovation and Continuous Improvement
Innovation metrics for 2024:
- R&D Investment: $18.7 million
- New technology implementations: 12 major technological integrations
- Patent applications filed: 7 new technological innovations
Community and Stakeholder Engagement
Community impact in 2024:
| Community Investment | $2.3 million in local community programs |
| Volunteer Hours | 6,542 employee volunteer hours |
| Local Workforce Employment | 68% of workforce from local communities |
Granite Construction Incorporated (GVA) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.