GVA
Granite Construction Incorporated
GVA has a slight edge over RDW overall, supported by lower modeled downside and stronger fundamentals.
RDW
Redwire Corporation
RDW offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
GVA Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Healthy | |
| Healthy |
GVA's revenue, cash flow and balance sheet are currently healthy, but its profitability is under pressure.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
GVA PE Valuation
GVA has no meaningful PE right now: it lost money over the past year.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
GVA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for GVA, with profitability improving.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect RDW's losses to shrink, with revenue growing.
GVA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $7.17 | — |
| Q3 2026 | -$6.02 | -266% |
| Q2 2026 | -$4.11 | -228% |
| Q1 2026 | $3.67 | +44% |
| Q4 2025 | $3.86 | +47% |
| Q3 2025 | $3.62 | +51% |
| Q2 2025 | $3.21 | +65% |
| Q1 2025 | $2.55 | +219% |
| Q4 2024 | $2.62 | +170% |
GVA has the edge over RDW on earnings, with more consistent year-over-year improvement.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
GVA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.8B | +23% |
| Q2 2026 | $1.5B | +29% |
| Q1 2026 | $912.5M | +30% |
| Q4 2025 | $1.2B | +19% |
| Q3 2025 | $1.4B | +12% |
| Q2 2025 | $1.1B | +4% |
| Q1 2025 | $699.5M | +4.1% |
| Q4 2024 | $977.3M | +4.7% |
GVA's revenue has grown year over year for 16 quarters in a row: $1.8B last quarter, up 23% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 13% | +2.7 points |
| Q2 2026 | 8.7% | -0.5 points |
| Q1 2026 | -3.4% | +2.3 points |
| Q4 2025 | 6.4% | +0.2 points |
| Q3 2025 | 10% | +1.8 points |
| Q2 2025 | 9.2% | +1.3 points |
| Q1 2025 | -5.7% | +0.8 points |
| Q4 2024 | 6.2% | +4 points |
GVA has the edge over RDW on profitability, with a higher operating margin.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW's revenue has grown year over year for five quarters in a row: $109M last quarter, up 5.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 points from the same quarter a year ago.
GVA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $228.7M | -11% |
| Q2 2026 | $142.7M | +$169.7M |
| Q1 2026 | -$57M | -$28.5M |
| Q4 2025 | $128.8M | -11% |
| Q2 2025 | -$27M | +$14M |
| Q1 2025 | -$28.6M | -$24.8M |
| Q4 2024 | $144.6M | +22% |
| Q2 2024 | -$41M | +$40.5M |
GVA has the edge over RDW on cash generation, producing positive trailing cash flow while its opponent burns cash.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
GVA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +5.7% | +2.5M shares |
| 1 year | -14% | -7.3M shares |
| 3 years | -14% | -7.4M shares |
| 5 years | -3.2% | -1.5M shares |
| Available history | 0% | -23K shares |
GVA has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $37.1M |
| Q2 2026 | $228,000 |
| Q1 2026 | $18.4M |
| Q4 2025 | $26.6M |
| Q3 2025 | $6.3M |
| Q2 2025 | $108,000 |
| Q1 2025 | $15.2M |
| Q4 2024 | $29.2M |
GVA spent $82M buying back its own shares over the past year, up 62% from the year before.
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
GVA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.9x | Healthy |
| Q2 2026 | 1.4x | Healthy |
| Q1 2026 | 2.1x | Moderate |
| Q4 2025 | 1.8x | Healthy |
| Q3 2025 | 2.2x | Moderate |
| Q2 2024 | 1.5x | Healthy |
| Q1 2024 | 1.3x | Healthy |
| Q4 2023 | 1.4x | Healthy |
GVA's net debt is about 1.9 years of its operating earnings (EBITDA), down from 2.2 years a year ago.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
GVA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.7 | Neutral |
| Stochastic | 66.9 | Neutral |
GVA's weekly RSI is 53 (neutral) and its Stochastic is 67 (neutral).
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
GVA PE vs Industrials Sector
| Metric | GVA | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
GVA has no meaningful PE right now: it lost money over the past year.
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
GVA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $116.7 | 7.7% above |
| 20 week MA | $121.4 | 3.6% above |
| 50 week MA | $125.4 | 0.3% above |
| 100 week MA | $109.1 | 15% above |
| 200 week MA | $81.6 | 54% above |
GVA has the edge over RDW on trend strength, trading above more of its moving averages.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
GVA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $26.9 | $27.1 | +0.6% |
| 2021 | $27.1 | $38.4 | +42% |
| 2022 | $38.4 | $35.4 | -7.7% |
| 2023 | $35.4 | $50.9 | +44% |
| 2024 | $50.9 | $89.1 | +75% |
| 2025 | $89.1 | $119.4 | +34% |
| 2026 YTD | $119.4 | $125.7 | +5.3% |
GVA has finished higher in five of the last six years. It's up 5.3% so far in 2026.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW has the edge over GVA on returns for 2026, with the stronger performance.