GVA vs. PWR
GVA (Granite Construction Incorporated) and PWR (Quanta Services, Inc.) are both stocks. Both operate in the Engineering & Construction industry within the Industrials sector. Over the past 10 years, GVA returned 10.64%/yr vs 39.06%/yr for PWR. Their 0.46 correlation means their historical movements had little consistent relationship.
Performance
GVA vs. PWR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GVA achieves a 5.08% return, which is significantly lower than PWR's 58.22% return. Over the past 10 years, GVA has underperformed PWR with an annualized return of 10.64%, while PWR has yielded a comparatively higher 39.06% annualized return.
GVA
- 1D
- 5.26%
- 1M
- -17.10%
- 6M
- 0.38%
- YTD
- 5.08%
- 1Y
- 31.65%
- 3Y*
- 43.67%
- 5Y*
- 27.07%
- 10Y*
- 10.64%
- ALL TIME*
- 9.95%
PWR
- 1D
- 1.43%
- 1M
- -0.14%
- 6M
- 40.66%
- YTD
- 58.22%
- 1Y
- 69.02%
- 3Y*
- 49.15%
- 5Y*
- 49.23%
- 10Y*
- 39.06%
- ALL TIME*
- 17.25%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $133.33M | $125.33M | $125.22M | |
| $832.20M | $746.35M | $898.56M |
GVA vs. PWR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GVA Granite Construction Incorporated | 5.08% | 32.23% | 73.75% | 46.84% | -7.82% | 46.80% | -0.65% | -30.28% | -35.80% | 16.45% |
PWR Quanta Services, Inc. | 58.22% | 33.70% | 46.60% | 51.70% | 24.63% | 59.50% | 77.74% | 35.84% | -22.93% | 12.22% |
Correlation
The correlation between GVA and PWR is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.51 |
Correlation (3Y) Balances recent behavior with more history. | 0.52 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.55 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.57 |
Correlation (All Time) Calculated using the full available price history since Feb 12, 1998 | 0.46 |
The correlation between GVA and PWR shifts across timeframes, from 0.46 (all time) to 0.57 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
GVA:
$5.29B
PWR:
$100.14B
GVA:
-$3.41
PWR:
$8.81
GVA:
1.18
PWR:
3.09
GVA:
7.01
PWR:
10.56
GVA:
$4.97B
PWR:
$32.78B
GVA:
$776.94M
PWR:
$4.73B
GVA:
$488.08M
PWR:
$3.04B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GVA vs. PWR — Risk / Return Rank
GVA
PWR
GVA vs. PWR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Granite Construction Incorporated (GVA) and Quanta Services, Inc. (PWR). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GVA | PWR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.29 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.02 | 2.27 | -1.26 |
| Martin ratioReturn relative to average drawdown | 3.55 | 9.09 | -5.54 |
Loading charts...
Drawdowns
GVA vs. PWR - Drawdown Comparison
The maximum GVA drawdown since its inception was -84.72%, smaller than the maximum PWR drawdown of -97.07%. Use the drawdown chart below to compare losses from any high point for GVA and PWR.
Loading charts...
Drawdown Indicators
| GVA | PWR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.72% | -97.07% | +12.35% |
Max Drawdown (1Y)Largest decline over 1 year | -28.29% | -28.53% | +0.24% |
Max Drawdown (3Y)Largest decline over 3 years | -29.06% | -33.89% | +4.83% |
Max Drawdown (5Y)Largest decline over 5 years | -39.44% | -33.89% | -5.55% |
Max Drawdown (10Y)Largest decline over 10 years | -84.72% | -45.53% | -39.19% |
Current DrawdownCurrent decline from peak | -24.52% | -15.00% | -9.52% |
Average DrawdownAverage peak-to-trough decline | -31.07% | -46.69% | +15.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.08% | 7.35% | +0.73% |
Volatility
GVA vs. PWR - Volatility Comparison
The current volatility for Granite Construction Incorporated (GVA) is 16.85%, while Quanta Services, Inc. (PWR) has a volatility of 19.77%. This indicates that GVA experiences smaller price fluctuations and is considered to be less risky than PWR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GVA | PWR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.85% | 19.77% | -2.92% |
Volatility (6M)Calculated over the trailing 6-month period | 27.70% | 35.51% | -7.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.89% | 43.07% | -11.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.51% | 37.03% | -6.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.53% | 34.42% | +7.11% |
Dividends
GVA vs. PWR - Dividend Comparison
GVA's dividend yield for the trailing twelve months is around 0.43%, more than PWR's 0.06% yield.
| Position | 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% |
PWR Quanta Services, Inc. | 0.06% | 0.09% | 0.09% | 0.15% | 0.25% | 0.16% | 0.29% | 0.42% | 0.13% | 0.00% | 0.00% | 0.00% |
Financials
GVA vs. PWR - Financials Comparison
This section allows you to compare key financial metrics between Granite Construction Incorporated and Quanta Services, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
GVA vs. PWR - Profitability Comparison
GVA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Granite Construction Incorporated reported a gross profit of 238.77M and revenue of 1.46B. Therefore, the gross margin over that period was 16.4%.
PWR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Quanta Services, Inc. reported a gross profit of 1.55B and revenue of 9.56B. Therefore, the gross margin over that period was 16.2%.
GVA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Granite Construction Incorporated reported an operating income of 126.72M and revenue of 1.46B, resulting in an operating margin of 8.7%.
PWR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Quanta Services, Inc. reported an operating income of 694.83M and revenue of 9.56B, resulting in an operating margin of 7.3%.
GVA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Granite Construction Incorporated reported a net income of -278.16M and revenue of 1.46B, resulting in a net margin of -19.1%.
PWR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Quanta Services, Inc. reported a net income of 451.38M and revenue of 9.56B, resulting in a net margin of 4.7%.
Frequently Asked Questions
GVA and PWR have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PWR has higher volatility (19.77%) compared to GVA (16.85%). In terms of maximum drawdown, GVA dropped -84.72% vs PWR's -97.07%.
PWR currently has the higher Sharpe Ratio (1.51 vs 0.90), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for GVA and PWR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer