Granite Construction vs Stantec
Stantec is the larger business, with $5.83bn of revenue in fiscal 2025 against $4.42bn for Granite Construction (1.3 times as much). Granite Construction grew faster (10.4% against 6.5%). Stantec kept more of each dollar of sales as profit: a net margin of 5.9% against 4.4%. Stantec carries less debt relative to equity (56.1% against 113.6%).
| Latest fiscal year | Granite ConstructionGVA, 2025 | StantecSTN, 2025 |
|---|---|---|
| Revenue | $4.42bn | $5.83bn |
| Revenue growth | 10.4% | 6.5% |
| Net income | $193m | $343m |
| Operating margin | 6.4% | — |
| Net margin | 4.4% | 5.9% |
| Return on equity | 17.6% | 15.6% |
| Free cash flow | $331m | $618m |
| Cash | $529m | $290m |
| Total debt | $1.34bn | $1.33bn |
| Debt to equity | 113.6% | 56.1% |
| Dividend per share | $0.52 | — |
| Dividend yield | 0.4% | 0.8% |
| Share buybacks | $48.2m | — |
| Employees | — | — |
| Market value | $5.93bn | $8.85bn |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | 29 (Weak) | — |
| Insider trades, 12 months | 4 buys, 16 sales | 0 buys, 0 sales |