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Granite Construction (FRA:GRG) 3-Year FCF Growth Rate : -39.90% (As of Mar. 2024)


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What is Granite Construction 3-Year FCF Growth Rate?

Granite Construction's Free Cash Flow per Share for the three months ended in Mar. 2024 was €-0.08.

During the past 3 years, the average Free Cash Flow per Share Growth Rate was -39.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Granite Construction was 112.20% per year. The lowest was -69.40% per year. And the median was 6.50% per year.


Competitive Comparison of Granite Construction's 3-Year FCF Growth Rate

For the Engineering & Construction subindustry, Granite Construction's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Granite Construction's 3-Year FCF Growth Rate Distribution in the Construction Industry

For the Construction industry and Industrials sector, Granite Construction's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Granite Construction's 3-Year FCF Growth Rate falls into.



Granite Construction 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.


Granite Construction  (FRA:GRG) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


Granite Construction 3-Year FCF Growth Rate Related Terms

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Granite Construction (FRA:GRG) Business Description

Traded in Other Exchanges
Address
585 West Beach Street, Watsonville, CA, USA, 95076
Granite Construction Inc engages in the construction and development of various infrastructure projects on behalf of public and private clients in the United States. It focuses on heavy civil infrastructure projects, including roads, highways, transit facilities, airports, and bridges. In addition, the company performs site preparation and infrastructure services for residential development, energy development, and other facilities. The majority of revenue is derived from the company's construction operating segment, with the remainder derived from its materials segment.

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