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Stock impact report

Taking A Look At Granite Construction Incorporated's (NYSE:GVA) ROE [Yahoo! Finance]

Granite Construction Incorporated (GVA) 
Last granite construction incorporated earnings: 10/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: investor.graniteconstruction.com
Company Research Source: Yahoo! Finance
By way of learning-by-doing, we'll look at ROE to gain a better understanding of Granite Construction Incorporated ( NYSE:GVA ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. Simply put, it is used to assess the profitability of a company in relation to its equity capital. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Return on equity can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Granite Construction is: 17% = US$208m ÷ US$1.2b (Based on the trailing twelve months to September 2025). The 'return' refers to a company's earnings over the last year. That means that for every $1 worth of shareholders' equity, the company generated $0.17 in profit. See our latest analysis for Granite Co Show less Read more
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