Granite Construction Watchlist

tz-plus logo Granite Construction: The Architect of American Infrastructure

D. Engelhardt
Reading Time: 4 minutes

Granite Construction is massively benefiting from long-term US funding programs like the IIJA, which is reflected in a record order backlog of over 6 billion USD and high planning security for the coming years. The strategy of operating its own quarries and asphalt plants protects the company from price fluctuations in the raw materials market and allows for significantly higher profit margins than pure construction companies. Despite the capital-intensive industry, the company impresses with financial stability and has paid a continuous...

Read this article now with a free account.

Your benefits:

  • Every month, you can read 5 articles from the premium section for free.
  • Monthly 2 trial issues of the Trader newspaper for free.
  • Create a personal watchlist with an overview of news about your stock.
Trader Times
Free account
Here we go!
Image 1Image 2Image 3

Already registered? Log In