Granite Financial Statements From 2010 to 2026

GVA Stock  USD 132.25  0.54  0.41%   
Granite Construction's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Granite Construction's valuation are provided below:
Gross Profit
711.2 M
Profit Margin
0.0436
Market Capitalization
5.8 B
Enterprise Value Revenue
1.4598
Revenue
4.4 B
We have found one hundred twenty available fundamental trends for Granite Construction, which can be analyzed and compared to other ratios and to its competitors. All investors should make sure to confirm all of Granite Construction regular market performance against the performance between 2010 and 2026 to make sure the company can sustain itself down the road. The current year's Market Cap is expected to grow to about 3.6 B. The current year's Enterprise Value is expected to grow to about 3.9 B

Granite Construction Total Revenue

2.26 Billion

Check Granite Construction financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Granite Construction's main balance sheet or income statement drivers, such as Depreciation And Amortization of 170.6 M, Interest Expense of 49.6 M or Total Revenue of 2.3 B, as well as many indicators such as Price To Sales Ratio of 1.19, Dividend Yield of 0.0043 or PTB Ratio of 4.48. Granite financial statements analysis is a perfect complement when working with Granite Construction Valuation or Volatility modules.
  
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Check out the analysis of Granite Construction Correlation against competitors.

Granite Construction Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets4.2 BB2.2 B
Slightly volatile
Short and Long Term Debt Total1.7 B1.6 B506.7 M
Slightly volatile
Other Current Liabilities272.1 M315.5 M290.5 M
Slightly volatile
Total Current Liabilities1.6 B1.5 B774.6 M
Slightly volatile
Total Stockholder Equity677.6 M1.2 B893.3 M
Slightly volatile
Property Plant And Equipment Net1.5 B1.4 B598.4 M
Slightly volatile
Retained Earnings504.6 M774.6 M594.6 M
Very volatile
Cash555.7 M529.2 M324.5 M
Slightly volatile
Non Current Assets Total2.3 B2.2 B894.9 M
Slightly volatile
Cash And Short Term Investments314.4 M600.2 M446.5 M
Slightly volatile
Net Receivables910.6 M867.3 M556.5 M
Slightly volatile
Common Stock Shares Outstanding45.5 M53.1 M43.9 M
Slightly volatile
Liabilities And Stockholders Equity4.2 BB2.2 B
Slightly volatile
Non Current Liabilities Total1.4 B1.3 B505.2 M
Slightly volatile
Inventory150.3 M143.1 M77.4 M
Slightly volatile
Other Current Assets149.5 M201.6 M174.4 M
Pretty Stable
Total Liabilities2.9 B2.8 B1.3 B
Slightly volatile
Property Plant And Equipment Gross2.7 B2.6 B862 M
Slightly volatile
Total Current Assets915.6 M1.8 B1.2 B
Slightly volatile
Short Term Debt429.1 M408.6 M88.1 M
Slightly volatile
Accounts Payable451.8 M430.3 M293 M
Slightly volatile
Short Term Investments67.5 M71 M184 M
Pretty Stable
Common Stock Total Equity441.4 K502.6 K419.8 K
Slightly volatile
Common Stock445.7 K435 K416 K
Slightly volatile
Other Liabilities50.4 M76 M54.7 M
Slightly volatile
Long Term DebtB963.2 M395.7 M
Slightly volatile
Property Plant Equipment511.2 M926.9 M522.5 M
Slightly volatile
Current Deferred Revenue343.7 M327.4 M171.1 M
Slightly volatile
Good Will420.9 M400.8 M132.3 M
Slightly volatile
Intangible Assets188.5 M179.5 M55.5 M
Slightly volatile
Net Tangible Assets935 MB873.9 M
Slightly volatile
Noncontrolling Interest In Consolidated Entity36.1 M36.9 M33.2 M
Pretty Stable
Retained Earnings Total Equity520.5 M433.2 M610.3 M
Slightly volatile
Long Term Debt Total891.1 M848.6 M392.3 M
Slightly volatile
Capital Surpluse339.4 M472.3 M320 M
Slightly volatile
Non Current Liabilities Other65.5 M96.7 M59.9 M
Slightly volatile
Long Term Investments79.5 M146.3 M98.8 M
Pretty Stable
Short and Long Term Debt394.7 M375.9 M56.9 M
Slightly volatile
Deferred Long Term Asset Charges3.5 M3.9 M4.3 M
Slightly volatile
Cash And Equivalents354.5 M665.1 M234.2 M
Slightly volatile
Net Invested Capital1.7 B2.5 B1.4 B
Slightly volatile
Net Working Capital470.9 M330.5 M576.8 M
Pretty Stable
Capital Stock358.3 K435 K451.6 K
Slightly volatile
Capital Lease Obligations166.4 M158.5 M70.4 M
Slightly volatile

Granite Construction Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization170.6 M162.4 M91.8 M
Slightly volatile
Total Revenue2.3 B4.4 B2.8 B
Slightly volatile
Gross Profit746.8 M711.2 M364.3 M
Slightly volatile
Other Operating Expenses2.2 B4.1 B2.8 B
Slightly volatile
Cost Of RevenueB3.7 B2.5 B
Slightly volatile
Total Operating Expenses450.2 M428.8 M274 M
Slightly volatile
Selling General Administrative221.9 M407.6 M237.2 M
Slightly volatile
Selling And Marketing Expenses8.9 M5.4 M10.3 M
Slightly volatile
Interest Income28.2 M26.9 M12.3 M
Slightly volatile
Reconciled Depreciation120.6 M162.4 M92.5 M
Slightly volatile
Discontinued Operations8.5 M9.6 M10.5 M
Slightly volatile

Granite Construction Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Cash From Operating Activities492.4 M468.9 M150 M
Slightly volatile
End Period Cash Flow555.7 M529.2 M316.8 M
Slightly volatile
Stock Based Compensation41.1 M39.1 M14.6 M
Slightly volatile
Begin Period Cash Flow607.2 M578.3 M312.8 M
Slightly volatile
Issuance Of Capital Stock9.2 M10.3 M11.3 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.191.1380.6685
Slightly volatile
Dividend Yield0.00430.00450.0121
Slightly volatile
PTB Ratio4.484.27032.2281
Slightly volatile
Days Sales Outstanding51.8571.547667.4611
Slightly volatile
Book Value Per Share29.3827.985422.7371
Slightly volatile
Operating Cash Flow Per Share11.2810.74293.7149
Slightly volatile
Stock Based Compensation To Revenue0.00930.00880.0047
Pretty Stable
PB Ratio4.484.27032.2281
Slightly volatile
EV To Sales1.451.38530.7158
Slightly volatile
Inventory Turnover24.6525.942836.41
Slightly volatile
Days Of Inventory On Hand14.7714.069410.5863
Slightly volatile
Payables Turnover12.168.629310.3432
Slightly volatile
Sales General And Administrative To Revenue0.0650.0750.0791
Very volatile
Capex To Revenue0.03980.03130.0296
Slightly volatile
Cash Per Share14.4413.751512.2608
Slightly volatile
POCF Ratio16.0510.737334.0759
Pretty Stable
Capex To Operating Cash Flow0.280.29491.3927
Pretty Stable
Days Payables Outstanding27.142.297836.407
Slightly volatile
EV To Operating Cash Flow16.513.070635.1131
Pretty Stable
Intangibles To Total Assets0.150.1440.0667
Slightly volatile
Current Ratio1.351.2231.748
Slightly volatile
Tangible Book Value Per Share11.2114.689218.249
Very volatile
Receivables Turnover6.365.10155.5356
Slightly volatile
Graham Number54.4351.8423.2277
Slightly volatile
Shareholders Equity Per Share28.3627.01221.9395
Slightly volatile
Debt To Equity1.451.37680.5392
Slightly volatile
Capex Per Share3.333.16782.0372
Slightly volatile
Revenue Per Share10610169.5544
Slightly volatile
Interest Debt Per Share40.1938.272212.3504
Slightly volatile
Debt To Assets0.420.40280.2071
Slightly volatile
Short Term Coverage Ratios1.091.147633.5112
Slightly volatile
Operating Cycle58.385.617177.558
Slightly volatile
Price Book Value Ratio4.484.27032.2281
Slightly volatile
Days Of Payables Outstanding27.142.297836.407
Slightly volatile
Price To Operating Cash Flows Ratio16.0510.737334.0759
Pretty Stable
Ebt Per Ebit1.191.02260.9974
Very volatile
Effective Tax Rate0.290.23710.3752
Very volatile
Company Equity Multiplier1.783.41832.3071
Slightly volatile
Long Term Debt To Capitalization0.50.48010.2891
Slightly volatile
Total Debt To Capitalization0.610.57930.3227
Slightly volatile
Debt Equity Ratio1.451.37680.5392
Slightly volatile
Quick Ratio1.281.12641.6467
Slightly volatile
Dividend Paid And Capex Coverage Ratio3.062.91271.3685
Slightly volatile
Net Income Per E B T0.50.66820.6256
Pretty Stable
Cash Ratio0.30.35720.4386
Slightly volatile
Cash Conversion Cycle31.9243.319243.2751
Very volatile
Operating Cash Flow Sales Ratio0.06380.1060.0478
Slightly volatile
Days Of Inventory Outstanding14.7714.069410.5863
Slightly volatile
Days Of Sales Outstanding51.8571.547667.4611
Slightly volatile
Cash Flow Coverage Ratios0.270.28890.3288
Pretty Stable
Price To Book Ratio4.484.27032.2281
Slightly volatile
Fixed Asset Turnover4.343.13015.5201
Pretty Stable
Capital Expenditure Coverage Ratio3.563.39131.7003
Slightly volatile
Price Cash Flow Ratio16.0510.737334.0759
Pretty Stable
Debt Ratio0.420.40280.2071
Slightly volatile
Cash Flow To Debt Ratio0.270.28890.3288
Pretty Stable
Price Sales Ratio1.191.1380.6685
Slightly volatile
Asset Turnover1.781.09781.4318
Pretty Stable
Gross Profit Margin0.140.16070.1176
Pretty Stable
Price Fair Value4.484.27032.2281
Slightly volatile

Granite Construction Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.6 B3.5 B2.2 B
Slightly volatile
Enterprise Value3.9 B3.7 B2.2 B
Slightly volatile

Granite Fundamental Market Drivers

Forward Price Earnings21.097
Cash And Short Term Investments600.2 M

Granite Upcoming Events

15th of February 2024
Upcoming Quarterly Report
View
7th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
15th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Granite Construction Financial Statements

Granite Construction stakeholders use historical fundamental indicators, such as Granite Construction's revenue or net income, to determine how well the company is positioned to perform in the future. Although Granite Construction investors may analyze each financial statement separately, they are all interrelated. For example, changes in Granite Construction's assets and liabilities are reflected in the revenues and expenses on Granite Construction's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Granite Construction Incorporated. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue327.4 M343.7 M
Total Revenue4.4 B2.3 B
Cost Of Revenue3.7 BB
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.08  0.07 
Capex To Revenue 0.03  0.04 
Revenue Per Share 101.36  106.43 
Ebit Per Revenue 0.06  0.04 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Granite Construction offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Granite Construction's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Granite Construction Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Granite Construction Incorporated Stock:
Check out the analysis of Granite Construction Correlation against competitors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Granite Construction. Market participants price Granite higher when confident in its future expansion prospects. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Granite Construction assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
0.251
Dividend Share
0.52
Earnings Share
3.98
Revenue Per Share
101.363
Quarterly Revenue Growth
0.192
Understanding Granite Construction requires distinguishing between market price and book value, where the latter reflects Granite's accounting equity. The concept of intrinsic value - what Granite Construction's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Granite Construction's price substantially above or below its fundamental value.
Please note, there is a significant difference between Granite Construction's value and its price as these two are different measures arrived at by different means. Investors typically determine if Granite Construction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Granite Construction's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.