<p><strong>Granite Construction Incorporated</strong>（纽约证券交易所代码：GVA）的股东在看到股价在上个季度下跌 16% 后，可能会感到担忧。但这并不改变股票在过去五年的表现非常出色的事实。具体来说，股价比五年前上涨了 394%，无论从哪个角度来看，这都是一个令人赞叹的表现。因此，我们认为最近股价的下跌并不意味着它的故事是悲惨的。只有时间才能证明当前股价是否仍然反映了过于乐观的预期。</p>
<p>考虑到这一点，值得看看公司的基本面是否推动了长期表现，或者是否存在一些差异。</p>
<p>我们会检查所有公司的重要风险。请查看我们在免费报告中为 Granite Construction 发现的内容。</p>
<p>用本杰明·格雷厄姆的话来说：短期内市场是一个投票机，但长期来看它是一个称重机。检查市场情绪如何随时间变化的一种方法是观察公司股价与每股收益（EPS）之间的互动。</p>
<p>在股价增长的五年中，Granite Construction 从亏损转为盈利。这种转变可以成为一个拐点，证明强劲的股价上涨是合理的，正如我们在这里看到的那样。由于公司在五年前处于亏损状态，但三年前已经盈利，因此值得看看过去三年的回报。我们可以看到，Granite Construction 的股价在过去三年中上涨了 152%。在同一时期，每股收益年均增长 136%。这一 EPS 增长高于同期股价年均增长 36% 的平均水平。因此，市场似乎对增长的预期有所减缓。</p>
<p>您可以在下面的图像中看到 EPS 随时间的变化（点击图表查看确切数值）。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/275898-earnings-per-share-growth-1-dark/1745155478760?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/275898-earnings-per-share-growth-1-dark/1745155478760"/></p>
<p>纽约证券交易所：GVA 每股收益增长 2025 年 4 月 20 日</p>
<p>我们很高兴地报告，首席执行官的薪酬比大多数同类公司更为适中。但虽然首席执行官的薪酬总是值得关注，真正重要的问题是公司能否在未来实现盈利增长。在买入或卖出股票之前，我们始终建议仔细检查历史增长趋势，相关信息可在此处找到。</p>
<h2>股息情况如何？</h2>
<p>考虑任何给定股票的总股东回报以及股价回报是非常重要的。股价回报仅反映股价的变化，而总股东回报则包括股息的价值（假设已再投资）以及任何折扣融资或分拆的收益。可以说，总股东回报提供了股票所产生回报的更全面的图景。实际上，Granite Construction 在过去五年的总股东回报为 430%，超过了之前提到的股价回报。因此，公司支付的股息提升了_总_股东回报。</p>
<h2>不同的视角</h2>
<p>我们很高兴地报告，Granite Construction 的股东在一年内获得了 46% 的总股东回报。当然，这包括了股息。这一增幅优于过去五年的年均总股东回报 40%。因此，似乎最近对公司的情绪是积极的。在最佳情况下，这可能暗示着一些真正的商业动能，意味着现在可能是深入研究的好时机。如果您想更详细地研究 Granite Construction，您可能想看看内部人士是否在买入或卖出公司的股票。</p>
<p>但请注意：<strong>Granite Construction 可能不是最佳的投资股票</strong>。因此，请查看这份 <strong>免费</strong> 的有趣公司名单，这些公司过去有盈利增长（并且未来有进一步的增长预测）。</p>
<p><em>请注意，本文中引用的市场回报反映了当前在美国交易所交易的股票的市场加权平均回报。</em></p>
<p>如果您想交易 Granite Construction，请在专业人士信任的最低成本平台 Interactive Brokers 开设账户。</p>
<p>IBKR 在 200 多个国家和地区拥有客户，并可访问 160 个市场，让您可以通过一个集成账户交易股票、期权、期货、外汇、债券和基金。</p>
<p>享受无隐藏费用、无账户最低限额，以及低至 0.03% 的外汇转换率，远远优于大多数经纪商提供的服务。</p>
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Granite建筑

<p>Granite Construction（纽约证券交易所代码：GVA）的股东在过去五年中获得了惊人的 430% 的总股东回报，尽管最近股价下跌了 16%。在此期间，股票价值增长了 394%，从亏损转为盈利。在过去三年中，股价上涨了 152%，每股收益（EPS）年均增长 136%。公司的近期表现表明市场情绪积极，尽管潜在投资者在做出决策之前应考虑整体增长趋势和内部交易活动</p>

<p><strong>Granite Construction Incorporated</strong> (NYSE:GVA) shareholders might be concerned after seeing the share price drop 16% in the last quarter. But that does not change the realty that the stock's performance has been terrific, over five years. To be precise, the stock price is 394% higher than it was five years ago, a wonderful performance by any measure. So we don't think the recent decline in the share price means its story is a sad one. Only time will tell if there is still too much optimism currently reflected in the share price.</p>
<div class="lb-trans"><p><strong>Granite Construction Incorporated</strong>（纽约证券交易所代码：GVA）的股东在看到股价在上个季度下跌 16% 后，可能会感到担忧。但这并不改变股票在过去五年的表现非常出色的事实。具体来说，股价比五年前上涨了 394%，无论从哪个角度来看，这都是一个令人赞叹的表现。因此，我们认为最近股价的下跌并不意味着它的故事是悲惨的。只有时间才能证明当前股价是否仍然反映了过于乐观的预期。</p>
</div><p>With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.</p>
<div class="lb-trans"><p>考虑到这一点，值得看看公司的基本面是否推动了长期表现，或者是否存在一些差异。</p>
</div><p>We check all companies for important risks. See what we found for Granite Construction in our free report.</p>
<div class="lb-trans"><p>我们会检查所有公司的重要风险。请查看我们在免费报告中为 Granite Construction 发现的内容。</p>
</div><p>To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).</p>
<div class="lb-trans"><p>用本杰明·格雷厄姆的话来说：短期内市场是一个投票机，但长期来看它是一个称重机。检查市场情绪如何随时间变化的一种方法是观察公司股价与每股收益（EPS）之间的互动。</p>
</div><p>During the five years of share price growth, Granite Construction moved from a loss to profitability. That kind of transition can be an inflection point that justifies a strong share price gain, just as we have seen here. Since the company was unprofitable five years ago, but not three years ago, it's worth taking a look at the returns in the last three years, too. We can see that the Granite Construction share price is up 152% in the last three years. In the same period, EPS is up 136% per year. This EPS growth is higher than the 36% average annual increase in the share price over the same three years. Therefore, it seems the market has moderated its expectations for growth, somewhat.</p>
<div class="lb-trans"><p>在股价增长的五年中，Granite Construction 从亏损转为盈利。这种转变可以成为一个拐点，证明强劲的股价上涨是合理的，正如我们在这里看到的那样。由于公司在五年前处于亏损状态，但三年前已经盈利，因此值得看看过去三年的回报。我们可以看到，Granite Construction 的股价在过去三年中上涨了 152%。在同一时期，每股收益年均增长 136%。这一 EPS 增长高于同期股价年均增长 36% 的平均水平。因此，市场似乎对增长的预期有所减缓。</p>
</div><p>You can see how EPS has changed over time in the image below (click on the chart to see the exact values).</p>
<div class="lb-trans"><p>您可以在下面的图像中看到 EPS 随时间的变化（点击图表查看确切数值）。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/275898-earnings-per-share-growth-1-dark/1745155478760" alt="" original-src="https://images.simplywall.st/asset/chart/275898-earnings-per-share-growth-1-dark/1745155478760"/></p>
<p>NYSE:GVA Earnings Per Share Growth April 20th 2025</p>
<div class="lb-trans"><p>纽约证券交易所：GVA 每股收益增长 2025 年 4 月 20 日</p>
</div><p>We're pleased to report that the CEO is remunerated more modestly than most CEOs at similarly capitalized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here..</p>
<div class="lb-trans"><p>我们很高兴地报告，首席执行官的薪酬比大多数同类公司更为适中。但虽然首席执行官的薪酬总是值得关注，真正重要的问题是公司能否在未来实现盈利增长。在买入或卖出股票之前，我们始终建议仔细检查历史增长趋势，相关信息可在此处找到。</p>
</div><h2>What About Dividends?</h2>
<div class="lb-trans"><h2>股息情况如何？</h2>
</div><p>It is important to consider the total shareholder return, as well as the share price return, for any given stock. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. As it happens, Granite Construction's TSR for the last 5 years was 430%, which exceeds the share price return mentioned earlier. The dividends paid by the company have thusly boosted the <em>total</em> shareholder return.</p>
<div class="lb-trans"><p>考虑任何给定股票的总股东回报以及股价回报是非常重要的。股价回报仅反映股价的变化，而总股东回报则包括股息的价值（假设已再投资）以及任何折扣融资或分拆的收益。可以说，总股东回报提供了股票所产生回报的更全面的图景。实际上，Granite Construction 在过去五年的总股东回报为 430%，超过了之前提到的股价回报。因此，公司支付的股息提升了_总_股东回报。</p>
</div><h2>A Different Perspective</h2>
<div class="lb-trans"><h2>不同的视角</h2>
</div><p>We're pleased to report that Granite Construction shareholders have received a total shareholder return of 46% over one year. Of course, that includes the dividend. That gain is better than the annual TSR over five years, which is 40%. Therefore it seems like sentiment around the company has been positive lately. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. If you would like to research Granite Construction in more detail then you might want to take a look at whether insiders have been buying or selling shares in the company.</p>
<div class="lb-trans"><p>我们很高兴地报告，Granite Construction 的股东在一年内获得了 46% 的总股东回报。当然，这包括了股息。这一增幅优于过去五年的年均总股东回报 40%。因此，似乎最近对公司的情绪是积极的。在最佳情况下，这可能暗示着一些真正的商业动能，意味着现在可能是深入研究的好时机。如果您想更详细地研究 Granite Construction，您可能想看看内部人士是否在买入或卖出公司的股票。</p>
</div><p>But note: <strong>Granite Construction may not be the best stock to buy</strong>. So take a peek at this <strong>free</strong> list of interesting companies with past earnings growth (and further growth forecast).</p>
<div class="lb-trans"><p>但请注意：<strong>Granite Construction 可能不是最佳的投资股票</strong>。因此，请查看这份 <strong>免费</strong> 的有趣公司名单，这些公司过去有盈利增长（并且未来有进一步的增长预测）。</p>
</div><p><em>Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.</em></p>
<div class="lb-trans"><p><em>请注意，本文中引用的市场回报反映了当前在美国交易所交易的股票的市场加权平均回报。</em></p>
</div><p>If you're looking to trade Granite Construction, open an account with the lowest-cost platform trusted by professionals, Interactive Brokers.</p>
<div class="lb-trans"><p>如果您想交易 Granite Construction，请在专业人士信任的最低成本平台 Interactive Brokers 开设账户。</p>
</div><p>With clients in over 200 countries and territories, and access to 160 markets, IBKR lets you trade stocks, options, futures, forex, bonds and funds from a single integrated account.</p>
<div class="lb-trans"><p>IBKR 在 200 多个国家和地区拥有客户，并可访问 160 个市场，让您可以通过一个集成账户交易股票、期权、期货、外汇、债券和基金。</p>
</div><p>Enjoy no hidden fees, no account minimums, and FX conversion rates as low as 0.03%, far better than what most brokers offer.</p>
<div class="lb-trans"><p>享受无隐藏费用、无账户最低限额，以及低至 0.03% 的外汇转换率，远远优于大多数经纪商提供的服务。</p>
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五年前投资 Granite 建筑（NYSE:GVA）的人收益增长了 430%