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Side-by-side financial comparison of GRANITE CONSTRUCTION INC (GVA) and Royalty Pharma plc (RPRX). Click either name above to swap in a different company.

GRANITE CONSTRUCTION INC is the larger business by last-quarter revenue ($1.2B vs $622.0M, roughly 1.9× Royalty Pharma plc). Royalty Pharma plc runs the higher net margin — 34.4% vs 4.5%, a 30.0% gap on every dollar of revenue. On growth, GRANITE CONSTRUCTION INC posted the faster year-over-year revenue change (19.2% vs 4.8%). Over the past eight quarters, GRANITE CONSTRUCTION INC's revenue compounded faster (31.7% CAGR vs 4.6%).

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 ...

Acceleron Pharma, Inc. is an American clinical stage biopharmaceutical company based in Cambridge, Massachusetts with a broad focus on developing medicines that regulate the transforming growth factor beta (TGF-β) superfamily of proteins, which play fundamental roles in the growth and repair of cells and tissues such as red blood cells, muscle, bone, and blood vessels.

GVA vs RPRX — Head-to-Head

Bigger by revenue
GVA
GVA
1.9× larger
GVA
$1.2B
$622.0M
RPRX
Growing faster (revenue YoY)
GVA
GVA
+14.5% gap
GVA
19.2%
4.8%
RPRX
Higher net margin
RPRX
RPRX
30.0% more per $
RPRX
34.4%
4.5%
GVA
Faster 2-yr revenue CAGR
GVA
GVA
Annualised
GVA
31.7%
4.6%
RPRX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GVA
GVA
RPRX
RPRX
Revenue
$1.2B
$622.0M
Net Profit
$52.0M
$214.2M
Gross Margin
14.4%
Operating Margin
6.4%
62.4%
Net Margin
4.5%
34.4%
Revenue YoY
19.2%
4.8%
Net Profit YoY
25.4%
2.9%
EPS (diluted)
$1.23
$0.49

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
RPRX
RPRX
Q4 25
$1.2B
$622.0M
Q3 25
$1.4B
$609.3M
Q2 25
$1.1B
$578.7M
Q1 25
$699.5M
$568.2M
Q4 24
$977.3M
$593.6M
Q3 24
$1.3B
$564.7M
Q2 24
$1.1B
$537.3M
Q1 24
$672.3M
$568.0M
Net Profit
GVA
GVA
RPRX
RPRX
Q4 25
$52.0M
$214.2M
Q3 25
$102.9M
$288.2M
Q2 25
$71.7M
$30.2M
Q1 25
$-33.7M
$238.3M
Q4 24
$41.5M
$208.2M
Q3 24
$79.0M
$544.0M
Q2 24
$36.9M
$102.0M
Q1 24
$-31.0M
$4.8M
Gross Margin
GVA
GVA
RPRX
RPRX
Q4 25
14.4%
Q3 25
18.2%
Q2 25
17.7%
Q1 25
12.0%
Q4 24
15.4%
Q3 24
15.9%
Q2 24
15.2%
Q1 24
8.1%
Operating Margin
GVA
GVA
RPRX
RPRX
Q4 25
6.4%
62.4%
Q3 25
10.0%
70.1%
Q2 25
9.2%
36.3%
Q1 25
-5.7%
94.0%
Q4 24
6.2%
60.9%
Q3 24
8.2%
Q2 24
7.9%
50.2%
Q1 24
-6.4%
-13.0%
Net Margin
GVA
GVA
RPRX
RPRX
Q4 25
4.5%
34.4%
Q3 25
7.2%
47.3%
Q2 25
6.4%
5.2%
Q1 25
-4.8%
41.9%
Q4 24
4.2%
35.1%
Q3 24
6.2%
96.3%
Q2 24
3.4%
19.0%
Q1 24
-4.6%
0.8%
EPS (diluted)
GVA
GVA
RPRX
RPRX
Q4 25
$1.23
$0.49
Q3 25
$1.98
$0.67
Q2 25
$1.42
$0.07
Q1 25
$-0.77
$0.55
Q4 24
$0.99
$0.46
Q3 24
$1.57
$1.21
Q2 24
$0.76
$0.23
Q1 24
$-0.70
$0.01

Balance Sheet & Financial Strength

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

Metric
GVA
GVA
RPRX
RPRX
Cash + ST InvestmentsLiquidity on hand
$600.2M
$618.7M
Total DebtLower is stronger
$1.3B
$9.0B
Stockholders' EquityBook value
$1.2B
$9.7B
Total Assets
$4.0B
$19.6B
Debt / EquityLower = less leverage
1.14×
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GVA
GVA
RPRX
RPRX
Q4 25
$600.2M
$618.7M
Q3 25
$547.2M
$938.9M
Q2 25
$385.3M
$631.9M
Q1 25
$422.8M
$1.1B
Q4 24
$585.6M
$929.0M
Q3 24
$472.4M
$950.1M
Q2 24
$377.2M
$1.8B
Q1 24
$337.3M
$843.0M
Total Debt
GVA
GVA
RPRX
RPRX
Q4 25
$1.3B
$9.0B
Q3 25
$1.3B
$8.9B
Q2 25
$740.4M
$8.0B
Q1 25
$739.7M
$7.6B
Q4 24
$739.0M
$7.6B
Q3 24
$738.6M
$7.6B
Q2 24
$738.9M
$7.6B
Q1 24
$553.2M
$6.1B
Stockholders' Equity
GVA
GVA
RPRX
RPRX
Q4 25
$1.2B
$9.7B
Q3 25
$1.2B
$9.6B
Q2 25
$1.1B
$9.5B
Q1 25
$993.5M
$9.8B
Q4 24
$1.0B
$10.3B
Q3 24
$1.0B
$10.3B
Q2 24
$931.7M
$9.8B
Q1 24
$946.5M
$9.9B
Total Assets
GVA
GVA
RPRX
RPRX
Q4 25
$4.0B
$19.6B
Q3 25
$4.1B
$19.3B
Q2 25
$3.1B
$18.3B
Q1 25
$2.9B
$17.6B
Q4 24
$3.0B
$18.2B
Q3 24
$3.1B
$18.0B
Q2 24
$2.9B
$17.7B
Q1 24
$2.6B
$16.1B
Debt / Equity
GVA
GVA
RPRX
RPRX
Q4 25
1.14×
0.92×
Q3 25
1.16×
0.93×
Q2 25
0.70×
0.84×
Q1 25
0.74×
0.78×
Q4 24
0.73×
0.74×
Q3 24
0.73×
0.74×
Q2 24
0.79×
0.78×
Q1 24
0.58×
0.62×

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
RPRX
RPRX
Operating Cash FlowLast quarter
$179.3M
$827.1M
Free Cash FlowOCF − Capex
$128.8M
FCF MarginFCF / Revenue
11.0%
Capex IntensityCapex / Revenue
4.3%
Cash ConversionOCF / Net Profit
3.45×
3.86×
TTM Free Cash FlowTrailing 4 quarters
$330.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GVA
GVA
RPRX
RPRX
Q4 25
$179.3M
$827.1M
Q3 25
$284.2M
$702.6M
Q2 25
$1.8M
$364.0M
Q1 25
$3.6M
$596.1M
Q4 24
$172.8M
$742.5M
Q3 24
$261.5M
$703.6M
Q2 24
$-2.0M
$658.2M
Q1 24
$24.1M
$664.6M
Free Cash Flow
GVA
GVA
RPRX
RPRX
Q4 25
$128.8M
Q3 25
$257.5M
Q2 25
$-27.0M
Q1 25
$-28.6M
Q4 24
$144.6M
Q3 24
$220.2M
Q2 24
$-41.0M
Q1 24
$-3.8M
FCF Margin
GVA
GVA
RPRX
RPRX
Q4 25
11.0%
Q3 25
18.0%
Q2 25
-2.4%
Q1 25
-4.1%
Q4 24
14.8%
Q3 24
17.3%
Q2 24
-3.8%
Q1 24
-0.6%
Capex Intensity
GVA
GVA
RPRX
RPRX
Q4 25
4.3%
Q3 25
1.9%
Q2 25
2.6%
Q1 25
4.6%
Q4 24
2.9%
Q3 24
3.2%
Q2 24
3.6%
Q1 24
4.1%
Cash Conversion
GVA
GVA
RPRX
RPRX
Q4 25
3.45×
3.86×
Q3 25
2.76×
2.44×
Q2 25
0.02×
12.06×
Q1 25
2.50×
Q4 24
4.17×
3.57×
Q3 24
3.31×
1.29×
Q2 24
-0.05×
6.45×
Q1 24
139.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GVA
GVA

Public$680.2M58%
Private$260.1M22%
Asphalt$116.9M10%
Aggregates$107.9M9%
Collaborative Arrangement$7.0M1%
Performance Obligations$3.5M0%

RPRX
RPRX

Financial Royalty Assets$592.4M95%
Royalty Income Other$29.6M5%

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