Granite Construction Incorporated operates as an infrastructure contractor and construction materials producer in the United States. The company has two main segments: Construction, which accounts for approximately 70% of revenue, and Materials, contributing about 30%. The Construction segment focuses on projects such as roads, bridges, and water-related infrastructure, serving a diverse customer base including federal agencies and local governments. The Materials segment produces aggregates and asphalt for both internal use and external sales. Factors supporting endurance include a long history in the industry and a broad customer base, while potential limitations include reliance on government contracts and economic cycles affecting infrastructure spending.
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Granite Construction Incorporated operates as an infrastructure contractor and construction materials producer in the United States. The company has two main segments: Construction, which accounts for approximately 70% of revenue, and Materials, contributing about 30%. The Construction segment focuses on projects such as roads, bridges, and water-related infrastructure, serving a diverse customer base including federal agencies and local governments. The Materials segment produces aggregates and asphalt for both internal use and external sales. Factors supporting endurance include a long history in the industry and a broad customer base, while potential limitations include reliance on government contracts and economic cycles affecting infrastructure spending.
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Daily adjusted close
Granite Construction Incorporated operates as an infrastructure contractor and construction materials producer in the United States. The company has two main segments: Construction, which accounts for approximately 70% of revenue, and Materials, contributing about 30%. The Construction segment focuses on projects such as roads, bridges, and water-related infrastructure, serving a diverse customer base including federal agencies and local governments. The Materials segment produces aggregates and asphalt for both internal use and external sales. Factors supporting endurance include a long history in the industry and a broad customer base, while potential limitations include reliance on government contracts and economic cycles affecting infrastructure spending.