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Side-by-side financial comparison of GRANITE CONSTRUCTION INC (GVA) and Life Time Group Holdings, Inc. (LTH). Click either name above to swap in a different company.

GRANITE CONSTRUCTION INC is the larger business by last-quarter revenue ($912.5M vs $788.7M, roughly 1.2× Life Time Group Holdings, Inc.). Life Time Group Holdings, Inc. runs the higher net margin — 11.2% vs -4.0%, a 15.2% gap on every dollar of revenue. On growth, GRANITE CONSTRUCTION INC posted the faster year-over-year revenue change (30.4% vs 11.7%). Over the past eight quarters, Life Time Group Holdings, Inc.'s revenue compounded faster (8.7% CAGR vs -8.2%).

Granite Construction Inc. is a civil construction company and aggregate producer, a member of the S&P 600 Index based and founded in Watsonville, California, and is the parent corporation of Granite Construction Company. The company is both a heavy civil construction contractor and construction aggregate manufacturer, owning or leasing quarries in several Western states for extracting mostly sands, gravel, and crushed stone products. The company was under investigation from the SEC from 2019 ...

Life Time Group Holdings, Inc. operates a network of premium athletic, fitness and wellness destinations across the United States. It offers diverse services including state-of-the-art gym facilities, group exercise classes, personal training, spa treatments, nutrition coaching, youth programs and co-working spaces for consumers pursuing holistic healthy lifestyles.

GVA vs LTH — Head-to-Head

Bigger by revenue
GVA
GVA
1.2× larger
GVA
$912.5M
$788.7M
LTH
Growing faster (revenue YoY)
GVA
GVA
+18.7% gap
GVA
30.4%
11.7%
LTH
Higher net margin
LTH
LTH
15.2% more per $
LTH
11.2%
-4.0%
GVA
Faster 2-yr revenue CAGR
LTH
LTH
Annualised
LTH
8.7%
-8.2%
GVA

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
GVA
GVA
LTH
LTH
Revenue
$912.5M
$788.7M
Net Profit
$-36.4M
$88.1M
Gross Margin
11.2%
Operating Margin
17.1%
Net Margin
-4.0%
11.2%
Revenue YoY
30.4%
11.7%
Net Profit YoY
-23.9%
15.8%
EPS (diluted)
$-0.96
$0.39

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GVA
GVA
LTH
LTH
Q1 26
$912.5M
$788.7M
Q4 25
$1.2B
$745.1M
Q3 25
$1.4B
$782.6M
Q2 25
$1.1B
$761.5M
Q1 25
$699.5M
$706.0M
Q4 24
$977.3M
$663.3M
Q3 24
$1.3B
$693.2M
Q2 24
$1.1B
$667.8M
Net Profit
GVA
GVA
LTH
LTH
Q1 26
$-36.4M
$88.1M
Q4 25
$52.0M
$123.0M
Q3 25
$102.9M
$102.4M
Q2 25
$71.7M
$72.1M
Q1 25
$-33.7M
$76.1M
Q4 24
$41.5M
$37.2M
Q3 24
$79.0M
$41.4M
Q2 24
$36.9M
$52.8M
Gross Margin
GVA
GVA
LTH
LTH
Q1 26
11.2%
Q4 25
14.4%
49.1%
Q3 25
18.2%
47.1%
Q2 25
17.7%
47.0%
Q1 25
12.0%
47.5%
Q4 24
15.4%
48.2%
Q3 24
15.9%
46.5%
Q2 24
15.2%
46.8%
Operating Margin
GVA
GVA
LTH
LTH
Q1 26
17.1%
Q4 25
6.4%
17.4%
Q3 25
10.0%
17.3%
Q2 25
9.2%
14.2%
Q1 25
-5.7%
15.2%
Q4 24
6.2%
13.1%
Q3 24
8.2%
13.5%
Q2 24
7.9%
15.7%
Net Margin
GVA
GVA
LTH
LTH
Q1 26
-4.0%
11.2%
Q4 25
4.5%
16.5%
Q3 25
7.2%
13.1%
Q2 25
6.4%
9.5%
Q1 25
-4.8%
10.8%
Q4 24
4.2%
5.6%
Q3 24
6.2%
6.0%
Q2 24
3.4%
7.9%
EPS (diluted)
GVA
GVA
LTH
LTH
Q1 26
$-0.96
$0.39
Q4 25
$1.23
$0.55
Q3 25
$1.98
$0.45
Q2 25
$1.42
$0.32
Q1 25
$-0.77
$0.34
Q4 24
$0.99
$0.17
Q3 24
$1.57
$0.19
Q2 24
$0.76
$0.26

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GVA
GVA
LTH
LTH
Cash + ST InvestmentsLiquidity on hand
$265.7M
$120.0M
Total DebtLower is stronger
$1.2B
$1.5B
Stockholders' EquityBook value
$1.1B
$3.2B
Total Assets
$3.8B
$8.1B
Debt / EquityLower = less leverage
1.15×
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GVA
GVA
LTH
LTH
Q1 26
$265.7M
$120.0M
Q4 25
$600.2M
$204.8M
Q3 25
$547.2M
$218.9M
Q2 25
$385.3M
$175.5M
Q1 25
$422.8M
$59.0M
Q4 24
$585.6M
$10.9M
Q3 24
$472.4M
$120.9M
Q2 24
$377.2M
$34.5M
Total Debt
GVA
GVA
LTH
LTH
Q1 26
$1.2B
$1.5B
Q4 25
$1.3B
$1.5B
Q3 25
$1.3B
$1.5B
Q2 25
$740.4M
$1.5B
Q1 25
$739.7M
$1.5B
Q4 24
$739.0M
$1.5B
Q3 24
$738.6M
$1.7B
Q2 24
$738.9M
$1.8B
Stockholders' Equity
GVA
GVA
LTH
LTH
Q1 26
$1.1B
$3.2B
Q4 25
$1.2B
$3.1B
Q3 25
$1.2B
$3.0B
Q2 25
$1.1B
$2.9B
Q1 25
$993.5M
$2.7B
Q4 24
$1.0B
$2.6B
Q3 24
$1.0B
$2.6B
Q2 24
$931.7M
$2.4B
Total Assets
GVA
GVA
LTH
LTH
Q1 26
$3.8B
$8.1B
Q4 25
$4.0B
$8.0B
Q3 25
$4.1B
$7.8B
Q2 25
$3.1B
$7.6B
Q1 25
$2.9B
$7.3B
Q4 24
$3.0B
$7.2B
Q3 24
$3.1B
$7.2B
Q2 24
$2.9B
$7.1B
Debt / Equity
GVA
GVA
LTH
LTH
Q1 26
1.15×
0.46×
Q4 25
1.14×
0.48×
Q3 25
1.16×
0.51×
Q2 25
0.70×
0.53×
Q1 25
0.74×
0.56×
Q4 24
0.73×
0.59×
Q3 24
0.73×
0.64×
Q2 24
0.79×
0.78×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GVA
GVA
LTH
LTH
Operating Cash FlowLast quarter
$198.8M
Free Cash FlowOCF − Capex
$-61.2M
FCF MarginFCF / Revenue
-7.8%
Capex IntensityCapex / Revenue
26.0%
Cash ConversionOCF / Net Profit
2.26×
TTM Free Cash FlowTrailing 4 quarters
$-123.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GVA
GVA
LTH
LTH
Q1 26
$198.8M
Q4 25
$179.3M
$239.9M
Q3 25
$284.2M
$251.1M
Q2 25
$1.8M
$195.7M
Q1 25
$3.6M
$183.9M
Q4 24
$172.8M
$163.1M
Q3 24
$261.5M
$151.1M
Q2 24
$-2.0M
$170.4M
Free Cash Flow
GVA
GVA
LTH
LTH
Q1 26
$-61.2M
Q4 25
$128.8M
$-64.6M
Q3 25
$257.5M
$28.6M
Q2 25
$-27.0M
$-26.3M
Q1 25
$-28.6M
$41.4M
Q4 24
$144.6M
$26.8M
Q3 24
$220.2M
$64.0M
Q2 24
$-41.0M
$26.1M
FCF Margin
GVA
GVA
LTH
LTH
Q1 26
-7.8%
Q4 25
11.0%
-8.7%
Q3 25
18.0%
3.7%
Q2 25
-2.4%
-3.5%
Q1 25
-4.1%
5.9%
Q4 24
14.8%
4.0%
Q3 24
17.3%
9.2%
Q2 24
-3.8%
3.9%
Capex Intensity
GVA
GVA
LTH
LTH
Q1 26
26.0%
Q4 25
4.3%
40.9%
Q3 25
1.9%
28.4%
Q2 25
2.6%
29.2%
Q1 25
4.6%
20.2%
Q4 24
2.9%
20.6%
Q3 24
3.2%
12.6%
Q2 24
3.6%
21.6%
Cash Conversion
GVA
GVA
LTH
LTH
Q1 26
2.26×
Q4 25
3.45×
1.95×
Q3 25
2.76×
2.45×
Q2 25
0.02×
2.71×
Q1 25
2.41×
Q4 24
4.17×
4.39×
Q3 24
3.31×
3.65×
Q2 24
-0.05×
3.23×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GVA
GVA

Segment breakdown not available.

LTH
LTH

Center revenue$767.6M97%
Other revenue$21.1M3%

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