<p><strong>Granite Construction Incorporated</strong>（紐約證券交易所代碼：GVA）的股東在看到股價在上個季度下跌 16% 後，可能會感到擔憂。但這並不改變股票在過去五年的表現非常出色的事實。具體來説，股價比五年前上漲了 394%，無論從哪個角度來看，這都是一個令人讚歎的表現。因此，我們認為最近股價的下跌並不意味着它的故事是悲慘的。只有時間才能證明當前股價是否仍然反映了過於樂觀的預期。</p>
<p>考慮到這一點，值得看看公司的基本面是否推動了長期表現，或者是否存在一些差異。</p>
<p>我們會檢查所有公司的重要風險。請查看我們在免費報告中為 Granite Construction 發現的內容。</p>
<p>用本傑明·格雷厄姆的話來説：短期內市場是一個投票機，但長期來看它是一個稱重機。檢查市場情緒如何隨時間變化的一種方法是觀察公司股價與每股收益（EPS）之間的互動。</p>
<p>在股價增長的五年中，Granite Construction 從虧損轉為盈利。這種轉變可以成為一個拐點，證明強勁的股價上漲是合理的，正如我們在這裏看到的那樣。由於公司在五年前處於虧損狀態，但三年前已經盈利，因此值得看看過去三年的回報。我們可以看到，Granite Construction 的股價在過去三年中上漲了 152%。在同一時期，每股收益年均增長 136%。這一 EPS 增長高於同期股價年均增長 36% 的平均水平。因此，市場似乎對增長的預期有所減緩。</p>
<p>您可以在下面的圖像中看到 EPS 隨時間的變化（點擊圖表查看確切數值）。</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>紐約證券交易所：GVA 每股收益增長 2025 年 4 月 20 日</p>
<p>我們很高興地報告，首席執行官的薪酬比大多數同類公司更為適中。但雖然首席執行官的薪酬總是值得關注，真正重要的問題是公司能否在未來實現盈利增長。在買入或賣出股票之前，我們始終建議仔細檢查歷史增長趨勢，相關信息可在此處找到。</p>
<h2>股息情況如何？</h2>
<p>考慮任何給定股票的總股東回報以及股價回報是非常重要的。股價回報僅反映股價的變化，而總股東回報則包括股息的價值（假設已再投資）以及任何折扣融資或分拆的收益。可以説，總股東回報提供了股票所產生回報的更全面的圖景。實際上，Granite Construction 在過去五年的總股東回報為 430%，超過了之前提到的股價回報。因此，公司支付的股息提升了_總_股東回報。</p>
<h2>不同的視角</h2>
<p>我們很高興地報告，Granite Construction 的股東在一年內獲得了 46% 的總股東回報。當然，這包括了股息。這一增幅優於過去五年的年均總股東回報 40%。因此，似乎最近對公司的情緒是積極的。在最佳情況下，這可能暗示着一些真正的商業動能，意味着現在可能是深入研究的好時機。如果您想更詳細地研究 Granite Construction，您可能想看看內部人士是否在買入或賣出公司的股票。</p>
<p>但請注意：<strong>Granite Construction 可能不是最佳的投資股票</strong>。因此，請查看這份 <strong>免費</strong> 的有趣公司名單，這些公司過去有盈利增長（並且未來有進一步的增長預測）。</p>
<p><em>請注意，本文中引用的市場回報反映了當前在美國交易所交易的股票的市場加權平均回報。</em></p>
<p>如果您想交易 Granite Construction，請在專業人士信任的最低成本平台 Interactive Brokers 開設賬户。</p>
<p>IBKR 在 200 多個國家和地區擁有客户，並可訪問 160 個市場，讓您可以通過一個集成賬户交易股票、期權、期貨、外匯、債券和基金。</p>
<p>享受無隱藏費用、無賬户最低限額，以及低至 0.03% 的外匯轉換率，遠遠優於大多數經紀商提供的服務。</p>
<p>贊助內容</p>

Granite建築

<p>Granite Construction（紐約證券交易所代碼：GVA）的股東在過去五年中獲得了驚人的 430% 的總股東回報，儘管最近股價下跌了 16%。在此期間，股票價值增長了 394%，從虧損轉為盈利。在過去三年中，股價上漲了 152%，每股收益（EPS）年均增長 136%。公司的近期表現表明市場情緒積極，儘管潛在投資者在做出決策之前應考慮整體增長趨勢和內部交易活動</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>（紐約證券交易所代碼：GVA）的股東在看到股價在上個季度下跌 16% 後，可能會感到擔憂。但這並不改變股票在過去五年的表現非常出色的事實。具體來説，股價比五年前上漲了 394%，無論從哪個角度來看，這都是一個令人讚歎的表現。因此，我們認為最近股價的下跌並不意味着它的故事是悲慘的。只有時間才能證明當前股價是否仍然反映了過於樂觀的預期。</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>考慮到這一點，值得看看公司的基本面是否推動了長期表現，或者是否存在一些差異。</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>我們會檢查所有公司的重要風險。請查看我們在免費報告中為 Granite Construction 發現的內容。</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>用本傑明·格雷厄姆的話來説：短期內市場是一個投票機，但長期來看它是一個稱重機。檢查市場情緒如何隨時間變化的一種方法是觀察公司股價與每股收益（EPS）之間的互動。</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>在股價增長的五年中，Granite Construction 從虧損轉為盈利。這種轉變可以成為一個拐點，證明強勁的股價上漲是合理的，正如我們在這裏看到的那樣。由於公司在五年前處於虧損狀態，但三年前已經盈利，因此值得看看過去三年的回報。我們可以看到，Granite Construction 的股價在過去三年中上漲了 152%。在同一時期，每股收益年均增長 136%。這一 EPS 增長高於同期股價年均增長 36% 的平均水平。因此，市場似乎對增長的預期有所減緩。</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>您可以在下面的圖像中看到 EPS 隨時間的變化（點擊圖表查看確切數值）。</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>紐約證券交易所：GVA 每股收益增長 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>我們很高興地報告，首席執行官的薪酬比大多數同類公司更為適中。但雖然首席執行官的薪酬總是值得關注，真正重要的問題是公司能否在未來實現盈利增長。在買入或賣出股票之前，我們始終建議仔細檢查歷史增長趨勢，相關信息可在此處找到。</p>
</div><h2>What About Dividends?</h2>
<div class="lb-trans"><h2>股息情況如何？</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>考慮任何給定股票的總股東回報以及股價回報是非常重要的。股價回報僅反映股價的變化，而總股東回報則包括股息的價值（假設已再投資）以及任何折扣融資或分拆的收益。可以説，總股東回報提供了股票所產生回報的更全面的圖景。實際上，Granite Construction 在過去五年的總股東回報為 430%，超過了之前提到的股價回報。因此，公司支付的股息提升了_總_股東回報。</p>
</div><h2>A Different Perspective</h2>
<div class="lb-trans"><h2>不同的視角</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>我們很高興地報告，Granite Construction 的股東在一年內獲得了 46% 的總股東回報。當然，這包括了股息。這一增幅優於過去五年的年均總股東回報 40%。因此，似乎最近對公司的情緒是積極的。在最佳情況下，這可能暗示着一些真正的商業動能，意味着現在可能是深入研究的好時機。如果您想更詳細地研究 Granite Construction，您可能想看看內部人士是否在買入或賣出公司的股票。</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>但請注意：<strong>Granite Construction 可能不是最佳的投資股票</strong>。因此，請查看這份 <strong>免費</strong> 的有趣公司名單，這些公司過去有盈利增長（並且未來有進一步的增長預測）。</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>請注意，本文中引用的市場回報反映了當前在美國交易所交易的股票的市場加權平均回報。</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，請在專業人士信任的最低成本平台 Interactive Brokers 開設賬户。</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 多個國家和地區擁有客户，並可訪問 160 個市場，讓您可以通過一個集成賬户交易股票、期權、期貨、外匯、債券和基金。</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>享受無隱藏費用、無賬户最低限額，以及低至 0.03% 的外匯轉換率，遠遠優於大多數經紀商提供的服務。</p>
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<div class="lb-trans"><p>贊助內容</p>
</div>

五年前投資 Granite 建築（NYSE:GVA）的人收益增長了 430%