Granite Construction Inc

Common Name

Granite Construction

Country

United States

Sector

Industrials

Industry

Engineering & Construction

Employees

2,300

Ticker

GVA

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

www.graniteconstruction.com

Description

Granite Construction Inc. is a diversified heavy civil construction, infrastructure, and environmental services company. Established in 1922, the company primarily undertakes large-scale public and pr... Show more

Financial Statements of Granite Construction

Below are the financial statements of Granite Construction, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of USD	2024	2023
Current assets	—	—
Cash and cash equivalents	578.33^a	417.66^a
Short-term marketable securities	7.31^a	35.86^a
Receivables, net	511.74^a	598.71^a
Contract assets	328.35^a	262.99^a
Inventories	108.18^a	103.9^a
Equity in unconsolidated construction joint ventures	140.93^a	171.23^a
Other current assets	41.82^a	53.1^a
Total current assets	1,716.66^a	1,643.45^a
Assets	—	—
Property and equipment, net	716.18^a	662.86^a
Investments in affiliates	94.03^a	92.91^a
Goodwill	214.47^a	155^a
Intangible assets	127.89^a	117.32^a
Right of use assets	89.79^a	78.18^a
Deferred income taxes, net	0^a	8.18^a
Other noncurrent assets	66.64^a	55.63^a
Total assets	3,025.66^a	2,813.54^a
Current liabilities	—	—
Current maturities of long-term debt	1.11^a	39.93^a
Accounts payable	407.22^a	408.36^a
Contract liabilities	299.67^a	243.85^a
Accrued expenses and other current liabilities	323.96^a	337.74^a
Total current liabilities	1,031.96^a	1,029.88^a
Liabilities and equity	—	—
Long-term debt	737.94^a	614.78^a
Long-term lease liabilities	73.64^a	63.55^a
Deferred income taxes, net	13.87^a	3.71^a
Other long-term liabilities	88.88^a	74.65^a
Equity	—	—
Preferred stock	0^a	0^a
Common stock	0.43^a	0.44^a
Additional paid-in capital	410.74^a	474.13^a
Accumulated other comprehensive income (loss)	-0.58^a	0.88^a
Retained earnings	604.64^a	501.84^a
Total Granite Construction Incorporated shareholders’ equity	1,015.23^a	977.3^a
Non-controlling interests	64.14^a	49.67^a
Total equity	1,079.36^a	1,026.97^a
Total liabilities and equity	3,025.66^a	2,813.54^a

Verified Sources Behind Granite Construction’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Granite Construction’s data sources below and access millions more through our Disclosure Search.

a. Granite Construction's 10-K 2024

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Granite Construction Inc

Financial Statements of Granite Construction

Verified Sources Behind Granite Construction’s Financial Fundamentals Data

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