Seasonality
GVA seasonality — Granite Construction, Inc.
Over the last 11 years, GVA's strongest month on average has been November (+11.1%) and its weakest July (-5.3%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +3.16% | +3.36% | 70% | +21.4% | -11.3% | 10 |
| Feb | -1.48% | -2.05% | 50% | +16.1% | -25.1% | 10 |
| Mar | -2.99% | -5.11% | 30% | +17.1% | -25.3% | 10 |
| Apr | +0.83% | +0.59% | 50% | +14.3% | -9.6% | 10 |
| May | +2.71% | +6.49% | 60% | +12.2% | -11.1% | 10 |
| Jun | +5.11% | +3.74% | 70% | +19.9% | -10.8% | 10 |
| Jul | -5.31% | -1.02% | 50% | +10.5% | -26.3% | 10 |
| Aug | +1.72% | +3.20% | 70% | +14.1% | -19.9% | 10 |
| Sep | -0.96% | -1.20% | 50% | +13.0% | -15.3% | 10 |
| Oct | +3.26% | +6.24% | 70% | +32.9% | -26.7% | 10 |
| Nov | +11.07% | +9.43% | 100% | +27.5% | +4.2% | 9 |
| Dec | -1.26% | -1.55% | 40% | +10.7% | -20.4% | 10 |
Monthly returns heat map — GVA
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.7 | 11.4 | -10.8 | 14.3 | -0.2 | 15.5 | -23.5 | -0.3 | -3.9 | 6.7 | -2.5 | +4.5% | |
| 2025 | 0.5 | -6.3 | -8.7 | 7.8 | 10.0 | 4.5 | 1.0 | 14.1 | 1.8 | -6.2 | 4.5 | 7.3 | +31.5% |
| 2024 | -11.3 | 14.2 | 10.9 | -2.9 | 12.2 | -0.5 | 10.5 | 9.8 | 5.5 | 6.0 | 18.2 | -11.7 | +72.5% |
| 2023 | 21.4 | 1.5 | -4.9 | -7.2 | -5.1 | 9.9 | 2.9 | 0.9 | -7.9 | 6.5 | 13.5 | 10.7 | +45.0% |
| 2022 | -7.0 | -15.9 | 8.4 | -9.6 | 10.1 | -10.8 | 2.6 | 0.3 | -15.3 | 32.9 | 6.8 | -2.6 | -9.4% |
| 2021 | 10.9 | 16.1 | 17.1 | -5.3 | 5.9 | 2.9 | -7.5 | 5.5 | -2.4 | -6.1 | 4.7 | -0.5 | +44.9% |
| 2020 | -1.9 | -25.1 | -25.3 | 8.3 | 7.1 | 8.8 | -11.4 | 9.6 | -5.3 | 9.7 | 27.5 | 8.5 | -3.5% |
| 2019 | 7.3 | 7.7 | -7.3 | 4.0 | -10.5 | 19.9 | -26.3 | -19.9 | 13.0 | -26.7 | 9.4 | 7.4 | -31.3% |
| 2018 | 5.1 | -12.9 | -3.9 | -6.2 | 8.6 | -2.1 | -3.1 | -15.3 | 0.0 | 0.0 | 10.7 | -20.4 | -36.5% |
| 2017 | 2.0 | -5.6 | -5.3 | 5.0 | -11.1 | 2.9 | 1.6 | 12.7 | 4.9 | 9.9 | 4.2 | -4.4 | +15.3% |
| 2016 | -6.8 |