GRANITE CONSTRUCTION INC
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GVA FY 2025 request
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/api/financials?ticker=GVA&year=2025&quarter=4&full_year_mode=true
Pick an endpoint and run the request.Income Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Revenue From Contract With Customer Including Assessed Tax | 4,424,379 | 4,007,574 | +10.4% |
Show Business Segments breakouts |
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| Construction | 3,654,880 | 3,415,225 | +7.0% |
| Construction · Operating Segments | 3,654,880 | 3,415,225 | +7.0% |
| Materials | 769,499 | 592,349 | +29.9% |
| Materials · Consolidation Eliminations | -275,228 | -246,827 | -11.5% |
| Materials · Operating Segments | 1,044,727 | 839,176 | +24.5% |
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| Variable Interest Entity Primary Beneficiary · Consolidated Construction Corporate Joint Venture | 330.5 | 349.5 | -5.4% |
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| Consolidation Eliminations | -275,228 | -246,827 | -11.5% |
| Operating Segments | 4,699,607 | 4,254,401 | +10.5% |
Show Major Customers breakouts |
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| Caltrans | 446.6 | 567.6 | -21.3% |
Show Equity Method Investment Nonconsolidated Investee breakouts |
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| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 392,219 | 395,492 | -0.8% |
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| Line Item Joint Venture | 0 | 7.4 | -100.0% |
| Cost of Revenue | 3,713,163 | 3,434,877 | +8.1% |
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| Construction | 3,080,702 | 2,924,223 | +5.4% |
| Materials | 632,461 | 510,654 | +23.9% |
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| Other Partners Interest in Partnerships · Co Venturer | 39,327 | 60,603 | -35.1% |
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| Corporate Joint Venture · Collaborative Arrangement | 57,173 | 95,448 | -40.1% |
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| Collaborative Arrangement | 17,846 | 34,845 | -48.8% |
| Gross Profit | 711,216 | 572,697 | +24.2% |
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| Construction | 574,178 | 491,002 | +16.9% |
| Materials | 137,038 | 81,695 | +67.7% |
Show Range breakouts |
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| Maximum · Estimated Cost Recovery of Customer Affirmative Claims and Back Charges | 15.2 | 24.2 | -37.2% |
| Maximum · Estimated Due to Production at Higher Rate | 10.9 | 10.3 | +5.8% |
| Minimum · Estimated Cost Recovery of Customer Affirmative Claims and Back Charges | 6 | 5.6 | +7.1% |
| Minimum · Estimated Due to Production at Higher Rate | 5.6 | 6.1 | -8.2% |
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| Revisions in Estimates, Increase | 5 | — | — |
Show Equity Method Investment Nonconsolidated Investee breakouts |
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| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 77,043 | 94,618 | -18.6% |
| Selling, General & Administrative | 407,561 | 334,162 | +22.0% |
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| Construction · Operating Segments | 223,910 | 189,078 | +18.4% |
| Materials · Operating Segments | 41,885 | 29,205 | +43.4% |
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| Corporate Non Segment | 141,766 | 115,879 | +22.3% |
| Operating Segments | 265,795 | 218,283 | +21.8% |
| Other Operating Income Expense Net | 41,416 | 39,936 | +3.7% |
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| Material Reconciling Items | 41,416 | 39,936 | +3.7% |
| Gain Loss On Disposition Of Assets1 | -20,207 | -8,764 | -130.6% |
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| Construction · Operating Segments | -6,474 | -9,206 | +29.7% |
| Materials · Operating Segments | -13,935 | -835 | -1568.9% |
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| Corporate Non Segment | 202 | 1,277 | -84.2% |
| Operating Segments | -20,409 | -10,041 | -103.3% |
| Operating Income | 282,446 | 207,363 | +36.2% |
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| Construction · Operating Segments | 356,742 | 311,130 | +14.7% |
| Materials · Operating Segments | 109,088 | 53,325 | +104.6% |
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| Operating Segments | 465,830 | 364,455 | +27.8% |
| Interest Income | -26,878 | -24,349 | -10.4% |
| Interest Expense | 47,223 | 29,188 | +61.8% |
| Income Loss From Equity Method Investments | -14,958 | -16,982 | +11.9% |
| Other Non-Operating Income (Expense) | -11,768 | -4,238 | -177.7% |
| Non-Operating Income (Expense) | -6,381 | 11,171 | -157.1% |
| Income Before Taxes | 288,827 | 196,192 | +47.2% |
Show Change In Accounting Estimate By Type breakouts |
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| Estimated Cost Recovery of Customer Affirmative Claims and Back Charges | 33.5 | 50.2 | -33.3% |
| Estimated Due to Production at Higher Rate | 64.9 | 25.6 | +153.5% |
Show Equity Method Investment Nonconsolidated Investee breakouts |
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| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 41,684 | 58,080 | -28.2% |
| Income Tax Expense (Benefit) | 68,476 | 55,749 | +22.8% |
| Net Income | 220,351 | 140,443 | +56.9% |
Show Equity Components breakouts |
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| Noncontrolling Interest | 27,348 | 14,097 | +94.0% |
| Parent | 193,003 | 126,346 | +52.8% |
| Retained Earnings | 193,003 | 126,346 | +52.8% |
Show Legal Entity breakouts |
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| Other Partners Interest in Partnerships · Co Venturer | -20,124 | -16,735 | -20.3% |
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| Estimated Cost Recovery of Customer Affirmative Claims and Back Charges | 25.6 | 37 | -30.8% |
| Estimated Due to Production at Higher Rate | 51 | 18.3 | +178.7% |
Show Equity Method Investment Nonconsolidated Investee breakouts |
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| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 31,822 | 49,521 | -35.7% |
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| Corporate Joint Venture · Collaborative Arrangement | -12,502 | -21,837 | +42.7% |
| Net Income Loss Attributable To Noncontrolling Interest | -27,348 | -14,097 | -94.0% |
| Net Income | 193,003 | 126,346 | +52.8% |
Show Change In Accounting Estimate By Type breakouts |
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| Estimated Cost Recovery of Customer Affirmative Claims and Back Charges | 25.6 | 33.1 | -22.7% |
| Estimated Due to Production at Higher Rate | 44.5 | 18.3 | +143.2% |
| EPS (Basic) | 4.42 | 2.88 | +53.5% |
| EPS (Diluted) | 3.86 | 2.62 | +47.3% |
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| Estimated Cost Recovery of Customer Affirmative Claims and Back Charges | 0.48 | 0.63 | -23.8% |
| Estimated Due to Production at Higher Rate | 0.84 | 0.35 | +140.0% |
| Wtd Avg Shares (Basic) | 43,649 | 43,846 | -0.4% |
| Wtd Avg Shares (Diluted) | 53,132 | 52,514 | +1.2% |
| Revenue | 4,424,379 | 4,007,574 | +10.4% |
Show Business Segments breakouts |
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| Construction | 3,654,880 | 3,415,225 | +7.0% |
| Construction · Private | 1,046,449 | 883,846 | +18.4% |
| Construction · Public | 2,608,431 | 2,531,379 | +3.0% |
| Materials | 769,499 | 592,349 | +29.9% |
| Materials · Aggregates | 308,781 | 196,232 | +57.4% |
| Materials · Asphalt | 458,836 | 395,798 | +15.9% |
| Materials · Other | 1,882 | 319 | +490.0% |
| Comprehensive Income | 195,166 | 124,883 | +56.3% |
| Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax | 616 | 93 | +562.4% |
| Depreciation And Amortization | 155,520 | 116,670 | +33.3% |
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| Construction | 86,508 | 71,634 | +20.8% |
| Materials | 69,012 | 45,036 | +53.2% |
| Net Income Loss Available To Common Stockholders Basic | 193,003 | 126,346 | +52.8% |
Balance Sheet
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 529,220 | 578,330 | -8.5% |
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| Material Reconciling Items | 529,220 | 578,330 | -8.5% |
Show Related Party Transactions By Related Party breakouts |
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| Consolidated Construction Corporate Joint Venture | 145,584 | 173,894 | -16.3% |
| Marketable Securities (Current) | 71,021 | 7,311 | +871.4% |
| Receivables Net Current | 630,392 | 511,742 | +23.2% |
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| Material Reconciling Items | 630,392 | 511,742 | +23.2% |
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| Consolidated Construction Corporate Joint Venture | 37,398 | 33,708 | +10.9% |
| Contract With Customer Asset Net | 236,879 | 328,353 | -27.9% |
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| Consolidated Construction Corporate Joint Venture | 34,057 | 115,834 | -70.6% |
| Inventory | 143,129 | 108,175 | +32.3% |
| Equity In Construction Joint Ventures Current Assets | 134,670 | 140,928 | -4.4% |
| Other Assets Current | 66,920 | 41,824 | +60.0% |
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| Consolidated Construction Corporate Joint Venture | 3,255 | 3,982 | -18.3% |
| Total Current Assets | 1,812,231 | 1,716,663 | +5.6% |
Show Equity Method Investment Nonconsolidated Investee breakouts |
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| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 215,601 | 205,235 | +5.1% |
| Non-Current Assets | |||
| Property, Plant & Equipment | 1,260,823 | 716,184 | +76.0% |
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| Material Reconciling Items | 30,000 | 30,654 | -2.1% |
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| Consolidated Construction Corporate Joint Venture | 4,961 | 6,792 | -27.0% |
| Held To Maturity Securities Noncurrent | 49,534 | — | — |
| Goodwill | 400,814 | 214,465 | +86.9% |
Show Business Segments breakouts |
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| Construction | 201,511 | 134,977 | +49.3% |
| Materials | 199,303 | 79,488 | +150.7% |
| Operating Lease Right-of-Use Assets | 152,678 | 89,791 | +70.0% |
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| Material Reconciling Items | 152,678 | 89,791 | +70.0% |
| Other Non-Current Assets | 78,001 | 66,635 | +17.1% |
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| Material Reconciling Items | 78,001 | 66,635 | +17.1% |
| Total Assets | 4,030,393 | 3,025,655 | +33.2% |
Show Business Segments breakouts |
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| Construction · Operating Segments | 702,445 | 603,913 | +16.3% |
| Materials · Operating Segments | 1,386,539 | 673,444 | +105.9% |
Show Geography breakouts |
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| Non Us · Operating Segments | 23.5 | 18.8 | +25.0% |
Show Consolidation Items breakouts |
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| Operating Segments | 2,088,984 | 1,277,357 | +63.5% |
Show Equity Method Investment Nonconsolidated Investee breakouts |
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| Asphalt terminal | 36.5 | — | — |
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 337,881 | 335,686 | +0.7% |
| Foreign | 261.2 | — | — |
| Real estate | 337.9 | — | — |
| Real Estate Entities One | 28.9 | — | — |
| Real Estate Entities Two | 11.3 | — | — |
| Intangible Assets (Q) | — | — | — |
Show Business Acquisition breakouts |
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| Dickerson & Bowen, Inc. | 24,721 | — | — |
| Dickerson & Bowen, Inc. · Construction Permits | 1,373 | — | — |
| Dickerson & Bowen, Inc. · Customer Relationships | 16,911 | — | — |
| Dickerson & Bowen, Inc. · Trademarks And Trade Names | 6,437 | — | — |
| Warren Paving | 44,009 | — | — |
| Warren Paving · Construction Permits | 19,167 | — | — |
| Warren Paving · Customer Relationships | 12,440 | — | — |
| Warren Paving · Order Or Production Backlog | 3,106 | — | — |
| Warren Paving · Trademarks And Trade Names | 9,296 | — | — |
Show Finite Lived Intangible Assets By Major Class breakouts |
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| Construction Permits | 39,311 | 14,307 | +174.8% |
| Customer Relationships | 104,211 | 92,443 | +12.7% |
| Favorable contracts | 4 | 6 | -33.3% |
| Order Or Production Backlog | 7,976 | 369 | +2061.5% |
| Trademarks And Trade Names | 27,687 | 20,652 | +34.1% |
| Other Assets | |||
| Investments In Affiliates Subsidiaries Associates And Joint Ventures | 96,764 | 94,031 | +2.9% |
Show Consolidation Items breakouts |
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| Material Reconciling Items | 96,764 | 94,031 | +2.9% |
| Intangible Assets Net Excluding Goodwill | 179,548 | 127,886 | +40.4% |
| Current Liabilities | |||
| Current Portion of Long-Term Debt | 375,896 | 1,109 | +33795.0% |
| Accounts Payable | 430,298 | 407,223 | +5.7% |
Show Related Party Transactions By Related Party breakouts |
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| Consolidated Construction Corporate Joint Venture | 46,708 | 74,745 | -37.5% |
| Deferred Revenue (Current) | 327,372 | 299,671 | +9.2% |
Show Related Party Transactions By Related Party breakouts |
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| Consolidated Construction Corporate Joint Venture | 63,500 | 80,096 | -20.7% |
| Accrued Expenses And Other Current Liabilities | 348,179 | 323,956 | +7.5% |
Show Related Party Transactions By Related Party breakouts |
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| Consolidated Construction Corporate Joint Venture | 2,922 | 4,706 | -37.9% |
| Total Current Liabilities | 1,481,745 | 1,031,959 | +43.6% |
Show Equity Method Investment Nonconsolidated Investee breakouts |
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| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 73,005 | 68,679 | +6.3% |
| Non-Current Liabilities | |||
| Long-Term Debt | 963,233 | 737,939 | +30.5% |
| Operating Lease Liabilities | 125,733 | 73,638 | +70.7% |
| Deferred Tax Liabilities | 141,489 | 13,874 | +919.8% |
| Other Non-Current Liabilities | 96,660 | 88,882 | +8.8% |
| Long-Term Debt | 1,339,129 | 739,048 | +81.2% |
Show Debt Instrument breakouts |
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| 3.25% Convertible Notes · Convertible Debt | 373,750 | 373,750 | 0.0% |
| 3.75% Convertible Notes · Convertible Debt | 373,750 | 373,750 | 0.0% |
| The Term Loan · Line Of Credit | 600,000 | — | — |
| Total Liabilities (Q) | — | — | — |
Show Equity Method Investment Nonconsolidated Investee breakouts |
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| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 124,092 | 113,686 | +9.2% |
| Stockholders' Equity | |||
| Common Stock | 435 | 434 | +0.2% |
| Additional Paid In Capital Common Stock | 402,391 | 410,739 | -2.0% |
| Accumulated Other Comprehensive Income | 1,581 | -582 | +371.6% |
| Retained Earnings | 774,641 | 604,635 | +28.1% |
Show Related Party Transactions By Related Party breakouts |
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| Unconsolidated Construction Corporate Joint Venture | 3.1 | 3.7 | -16.2% |
| Total Stockholders' Equity | 1,179,048 | 1,015,226 | +16.1% |
| Minority Interest | 42,485 | 64,137 | -33.8% |
| Stockholders Equity Including Portion Attributable To Noncontrolling Interest | 1,221,533 | 1,079,363 | +13.2% |
Show Equity Components breakouts |
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| Accumulated Other Comprehensive Income | 1,581 | -582 | +371.6% |
| Additional Paid In Capital | 402,391 | 410,739 | -2.0% |
| Common Stock | 435 | 434 | +0.2% |
| Noncontrolling Interest | 42,485 | 64,137 | -33.8% |
| Parent | 1,179,048 | 1,015,226 | +16.1% |
| Retained Earnings | 774,641 | 604,635 | +28.1% |
| Total Liabilities & Equity | 4,030,393 | 3,025,655 | +33.2% |
Cash Flow Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Depreciation & Amortization | 162,433 | 126,331 | +28.6% |
| Amortization Of Financing Costs And Discounts | 4,590 | 4,501 | +2.0% |
| Gain Loss On Sale Of Property Plant Equipment | -20,207 | -8,764 | -130.6% |
| Deferred Income Taxes | 23,800 | 13,655 | +74.3% |
| Stock-Based Compensation | 39,150 | 19,595 | +99.8% |
| Unconsolidated Construction Joint Venture Net Income Loss | -7,622 | 5,102 | -249.4% |
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| Line Item Joint Venture | 5.7 | — | — |
Show Type Of Arrangement breakouts |
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| Collaborative Arrangement | 7,622 | -5,102 | +249.4% |
| Other Non-Cash Items | 863 | 3,958 | -78.2% |
| Increase Decrease In Receivables | -38,709 | 102,891 | -137.6% |
| Increase Decrease In Contract With Customer Asset | 122,004 | -11,468 | +1163.9% |
| Change in Inventory | -746 | -2,862 | +73.9% |
| Equity In Construction Joint Ventures | -9,163 | -7,718 | -18.7% |
| Equity Method Investment Dividends Or Distributions | 12,237 | 33,836 | -63.8% |
| Increase Decrease In Other Operating Assets | -27,685 | 9,534 | -390.4% |
| Change in Accounts Payable | -20,374 | 420 | -4951.0% |
| Increase Decrease In Other Accounts Payable And Accrued Liabilities | 22,952 | 16,319 | +40.6% |
| Net Cash from Operations | 468,916 | 456,343 | +2.8% |
| Investing Activities | |||
| Payments To Acquire Marketable Securities | -238,371 | -10,977 | -2071.5% |
| Proceeds From Sale And Maturity Of Held To Maturity Securities | 125,225 | 38,000 | +229.5% |
| Capital Expenditures | -138,270 | -136,405 | -1.4% |
| Proceeds From Sale Of Property Plant And Equipment | 32,845 | 13,852 | +137.1% |
| Payments To Acquire Businesses Gross | -777,517 | -134,361 | -478.7% |
| Other Investing Activities | 2,367 | 1,335 | +77.3% |
| Net Cash from Investing | -993,721 | -228,556 | -334.8% |
| Financing Activities | |||
| Proceeds From Long Term Lines Of Credit | 685,000 | — | — |
| Repayments Of Long Term Debt | -86,113 | -310,498 | +72.3% |
| Debt Issuance Costs | -2,799 | -10,474 | +73.3% |
| Payments Of Dividends Common Stock | -22,719 | -22,813 | +0.4% |
| Share Repurchases | -48,208 | -50,631 | +4.8% |
| Proceeds From Minority Shareholders | 3,345 | 24,000 | -86.1% |
| Distributions To Noncontrolling Partners Net | -53,247 | -25,587 | -108.1% |
| Proceeds From Payments For Other Financing Activities | 436 | 1,676 | -74.0% |
| Net Cash from Financing | 475,695 | -67,120 | +808.7% |
| Amortization of Financing Costs | 4 | 3.9 | +2.6% |
| Supplemental | |||
| Right Of Use Asset Obtained In Exchange For Operating Lease Liability | 36,771 | 32,095 | +14.6% |
| Operating Lease Payments | 33,976 | 23,707 | +43.3% |
| Interest Paid | 36,113 | 26,072 | +38.5% |
| Income Tax Paid Federal After Refund Received | 31,411 | 18,617 | +68.7% |
| Income Tax Paid State And Local After Refund Received (FY) | — | — | — |
Show Income Tax Authority breakouts |
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| All other states | 4,856 | 2,443 | +98.8% |
| CA | 7,497 | 7,372 | +1.7% |
| UT | 1,128 | 207 | +444.9% |
| Income Tax Paid Foreign After Refund Received (FY) | — | — | — |
Show Income Tax Authority breakouts |
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| Foreign Tax Jurisdiction Other | 737 | 776 | -5.0% |
| GU | 3,415 | 1,050 | +225.2% |
| Income Taxes Paid | 49,044 | 30,465 | +61.0% |
| Noncash Or Part Noncash Activities Performance Guarantees | -21,215 | -2,361 | -798.6% |
| Restricted Stock Units Issued Net Of Forfeitures | 39,995 | 20,873 | +91.6% |
| Dividends Payable Current And Noncurrent | 5,655 | 5,652 | +0.1% |
| Contributions From Noncontrolling Partners | 902 | 1,959 | -54.0% |
| Other Cash Flow | |||
| Net Change in Cash | -49,110 | 160,667 | -130.6% |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations | 529,220 | 578,330 | -8.5% |
Values in thousands USD. Source: SEC EDGAR 10-K filing.