Granite Expects 2025 Revenue Of $4.2B-$4.4B Vs. $4.255B Consensus, And Sees Adjusted EBITDA Margin Of 11% -12%
Outlook
Our guidance for 2025 is described below:
- Revenue in the range of $4.2 billion to $4.4 billion
- Adjusted EBITDA margin in the range of 11.0% to 12.0%
- SG&A expense of approximately 9.0% of revenue, inclusive of an estimated $45 million of stock-based compensation expense
- Mid-20s effective tax rate for adjusted net income
- Capital expenditures of approximately $140 million to $160 million
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