Granite Construction Incorporated (GVA)

Granite Construction Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	322.02	578.33	417.66	293.99	395.65	425.29
Short-Term Investments	216.74	148.24	207.1	223.18	189.91	188.8
Cash & Short-Term Investments	538.76	726.57	624.76	517.17	585.56	614.09
Cash Growth	0.83%	16.30%	20.80%	-11.68%	-4.65%	27.09%
Accounts Receivable	906.5	761.79	785.61	634.11	550.53	518.27
Other Receivables	87.71	78.31	76.08	71.79	59.5	51.38
Receivables	994.21	840.1	861.69	705.9	610.03	569.66
Inventory	126.48	108.18	103.9	86.81	61.97	62.47
Other Current Assets	32.16	41.82	53.1	37.41	569.85	209.03
Total Current Assets	1,692	1,717	1,643	1,347	1,827	1,455
Property, Plant & Equipment	813.78	805.98	741.04	558.29	482.82	474.14
Long-Term Investments	193.16	94.03	92.91	107.29	38.97	32.84
Goodwill	215.17	214.47	155	73.7	53.72	53.72
Other Intangible Assets	123.34	127.89	117.32	9.21	9.5	10.6
Long-Term Deferred Tax Assets	-	-	8.18	22.21	24.14	43.11
Other Long-Term Assets	68.93	66.64	55.63	49.93	58.39	310.35
Total Assets	3,106	3,026	2,814	2,168	2,495	2,380
Accounts Payable	441.42	407.22	408.36	334.39	324.31	321.35
Accrued Expenses	191.56	200.31	187.35	159.34	164.46	165.44
Current Portion of Long-Term Debt	7.34	1.11	39.93	1.45	12.24	15.88
Current Portion of Leases	22.55	20.17	16.83	18.66	-	-
Current Unearned Revenue	300.8	299.67	243.85	173.29	200.04	162.93
Other Current Liabilities	112.49	103.48	133.56	110.47	368.26	277.66
Total Current Liabilities	1,076	1,032	1,030	797.59	1,069	943.26
Long-Term Debt	733.04	737.94	614.78	286.93	331.19	330.52
Long-Term Leases	81.47	73.64	63.55	32.17	32.93	39.82
Long-Term Deferred Tax Liabilities	14.49	13.87	3.71	1.89	1.86	2.02
Other Long-Term Liabilities	86.49	85.48	70.95	60.5	59.17	67.47
Total Liabilities	1,992	1,946	1,787	1,183	1,499	1,388
Common Stock	0.44	0.43	0.44	0.44	0.46	0.46
Additional Paid-In Capital	430.16	410.74	474.13	470.41	559.75	555.41
Retained Earnings	631.16	604.64	501.84	481.38	410.83	424.84
Comprehensive Income & Other	1	-0.58	0.88	0.79	-3.36	-5.04
Total Common Equity	1,063	1,015	977.3	953.02	967.68	975.66
Minority Interest	51.61	64.14	49.67	32.13	27.88	15.95
Shareholders' Equity	1,114	1,079	1,027	985.15	995.56	991.61
Total Liabilities & Equity	3,106	3,026	2,814	2,168	2,495	2,380
Total Debt	844.4	832.85	735.09	339.21	376.36	386.22
Net Cash (Debt)	-207.57	-106.28	-110.33	204.53	224.8	233.07
Net Cash Growth	-	-	-	-9.02%	-3.55%	284.54%
Net Cash Per Share	-3.67	-2.02	-2.10	3.91	4.72	5.11
Filing Date Shares Outstanding	43.79	43.43	43.97	43.74	45.88	45.79
Total Common Shares Outstanding	43.78	43.42	43.94	43.74	45.84	45.67
Working Capital	615.46	684.7	613.57	549.7	758.08	511.99
Book Value Per Share	24.28	23.38	22.24	21.79	21.11	21.36
Tangible Book Value	724.25	672.88	704.97	870.1	904.47	911.35
Tangible Book Value Per Share	16.54	15.50	16.04	19.89	19.73	19.96
Land	142.77	128.12	105.87	105.73	108.52	117.71
Buildings	114.94	115.15	102.68	103.66	96.18	94.75
Machinery	1,308	1,286	1,212	1,077	945.72	882.22

Updated Aug 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q