GVA vs. FLR

Last updated Apr 1, 2026

Compare and contrast key facts about Granite Construction Incorporated (GVA) and Fluor Corporation (FLR).

Performance

GVA vs. FLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Granite Construction Incorporated (GVA) and Fluor Corporation (FLR). The values are adjusted to include any dividend payments, if applicable.

GVA vs. FLR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GVA Granite Construction Incorporated	4.04%	32.23%	73.75%	46.84%	-7.82%	46.80%	-0.65%	-30.28%	-35.80%	16.45%
FLR Fluor Corporation	17.71%	-19.65%	25.91%	13.01%	39.93%	55.10%	-14.55%	-39.54%	-36.61%	0.15%

Fundamentals

EPS GVA : $3.64 FLR : -$2.98
PS Ratio GVA : 1.44 FLR : 0.35
Total Revenue (TTM) GVA : $4.42B FLR : $15.50B
Gross Profit (TTM) GVA : $711.22M FLR : -$120.00M
EBITDA (TTM) GVA : $467.37M FLR : -$378.00M

Returns By Period

In the year-to-date period, GVA achieves a 4.04% return, which is significantly lower than FLR's 17.71% return. Over the past 10 years, GVA has outperformed FLR with an annualized return of 11.04%, while FLR has yielded a comparatively lower -0.49% annualized return.

GVA

• 1D: 3.03%
• 1M: -10.74%
• YTD: 4.04%
• 6M: 9.57%
• 1Y: 59.76%
• 3Y*: 44.02%
• 5Y*: 25.91%
• 10Y*: 11.04%

FLR

• 1D: 6.56%
• 1M: -10.82%
• YTD: 17.71%
• 6M: 10.89%
• 1Y: 30.23%
• 3Y*: 14.71%
• 5Y*: 15.20%
• 10Y*: -0.49%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

GVA vs. FLR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GVA

GVA Risk / Return Rank: 93
GVA Sharpe Ratio Rank: 94
GVA Sortino Ratio Rank: 95
GVA Omega Ratio Rank: 92
GVA Calmar Ratio Rank: 91
GVA Martin Ratio Rank: 93

FLR

FLR Risk / Return Rank: 61
FLR Sharpe Ratio Rank: 63
FLR Sortino Ratio Rank: 58
FLR Omega Ratio Rank: 61
FLR Calmar Ratio Rank: 63
FLR Martin Ratio Rank: 59

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GVA vs. FLR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Granite Construction Incorporated (GVA) and Fluor Corporation (FLR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	GVA	FLR	Difference
Sharpe ratio Return per unit of total volatility	2.42	0.57	+1.84
Sortino ratio Return per unit of downside risk	3.47	1.07	+2.40
Omega ratio Gain probability vs. loss probability	1.42	1.16	+0.26
Calmar ratio Return relative to maximum drawdown	4.12	0.96	+3.16
Martin ratio Return relative to average drawdown	13.74	1.57	+12.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GVA vs. FLR - Sharpe Ratio Comparison

The current GVA Sharpe Ratio is 2.42, which is higher than the FLR Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of GVA and FLR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GVA	FLR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.42	0.57	+1.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.88	0.34	+0.54
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.27	-0.01	+0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.13	+0.12

Correlation

The correlation between GVA and FLR is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

GVA vs. FLR - Dividend Comparison

GVA's dividend yield for the trailing twelve months is around 0.43%, while FLR has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GVA Granite Construction Incorporated	0.43%	0.45%	0.59%	1.02%	1.48%	1.34%	1.95%	1.88%	1.29%	0.82%	0.95%	1.21%
FLR Fluor Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.63%	3.87%	2.61%	1.63%	1.60%	1.78%

Drawdowns

GVA vs. FLR - Drawdown Comparison

The maximum GVA drawdown since its inception was -84.72%, smaller than the maximum FLR drawdown of -95.89%. Use the drawdown chart below to compare losses from any high point for GVA and FLR.

Drawdown Indicators

	GVA	FLR	Difference
Max Drawdown Largest peak-to-trough decline	-84.72%	-95.89%	+11.17%
Max Drawdown (1Y) Largest decline over 1 year	-14.69%	-30.19%	+15.50%
Max Drawdown (5Y) Largest decline over 5 years	-39.44%	-47.63%	+8.19%
Max Drawdown (10Y) Largest decline over 10 years	-84.72%	-94.16%	+9.44%
Current Drawdown Current decline from peak	-11.88%	-43.56%	+31.68%
Average Drawdown Average peak-to-trough decline	-31.29%	-41.62%	+10.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.40%	18.38%	-13.98%

Volatility

GVA vs. FLR - Volatility Comparison

The current volatility for Granite Construction Incorporated (GVA) is 9.15%, while Fluor Corporation (FLR) has a volatility of 15.30%. This indicates that GVA experiences smaller price fluctuations and is considered to be less risky than FLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GVA	FLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.15%	15.30%	-6.15%
Volatility (6M) Calculated over the trailing 6-month period	16.15%	30.87%	-14.72%
Volatility (1Y) Calculated over the trailing 1-year period	24.86%	52.99%	-28.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.65%	45.44%	-15.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.15%	57.29%	-16.14%

Financials

GVA vs. FLR - Profitability Comparison

The chart below illustrates the profitability comparison between Granite Construction Incorporated and Fluor Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

GVA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Granite Construction Incorporated reported a gross profit of 167.72M and revenue of 1.17B. Therefore, the gross margin over that period was 14.4%.

FLR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Fluor Corporation reported a gross profit of 133.00M and revenue of 4.18B. Therefore, the gross margin over that period was 3.2%.

GVA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Granite Construction Incorporated reported an operating income of 74.98M and revenue of 1.17B, resulting in an operating margin of 6.4%.

FLR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Fluor Corporation reported an operating income of 53.00M and revenue of 4.18B, resulting in an operating margin of 1.3%.

GVA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Granite Construction Incorporated reported a net income of 52.03M and revenue of 1.17B, resulting in a net margin of 4.5%.

FLR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Fluor Corporation reported a net income of -1.87B and revenue of 4.18B, resulting in a net margin of -44.8%.