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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	379.07	578.33	417.66	293.99	395.65	425.29
Short-Term Investments	195.21	148.24	207.1	223.18	189.91	188.8
Cash & Short-Term Investments	574.28	726.57	624.76	517.17	585.56	614.09
Cash Growth	13.44%	16.30%	20.80%	-11.68%	-4.65%	27.09%
Accounts Receivable	658.46	761.79	785.61	634.11	550.53	518.27
Other Receivables	87.47	78.31	76.08	71.79	59.5	51.38
Receivables	745.93	840.1	861.69	705.9	610.03	569.66
Inventory	128.43	108.18	103.9	86.81	61.97	62.47
Other Current Assets	50.65	41.82	53.1	37.41	569.85	209.03
Total Current Assets	1,499	1,717	1,643	1,347	1,827	1,455
Property, Plant & Equipment	816.97	805.98	741.04	558.29	482.82	474.14
Long-Term Investments	183.96	94.03	92.91	107.29	38.97	32.84
Goodwill	214.3	214.47	155	73.7	53.72	53.72
Other Intangible Assets	125.48	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	67.1	66.64	55.63	49.93	58.39	310.35
Total Assets	2,907	3,026	2,814	2,168	2,495	2,380
Accounts Payable	375.39	407.22	408.36	334.39	324.31	321.35
Accrued Expenses	164.54	200.31	187.35	159.34	164.46	165.44
Current Portion of Long-Term Debt	1.12	1.11	39.93	1.45	12.24	15.88
Current Portion of Leases	21.06	20.17	16.83	18.66	-	-
Current Unearned Revenue	280.49	299.67	243.85	173.29	200.04	162.93
Other Current Liabilities	111.04	103.48	133.56	110.47	368.26	277.66
Total Current Liabilities	953.64	1,032	1,030	797.59	1,069	943.26
Long-Term Debt	738.6	737.94	614.78	286.93	331.19	330.52
Long-Term Leases	77.73	73.64	63.55	32.17	32.93	39.82
Long-Term Deferred Tax Liabilities	13.79	13.87	3.71	1.89	1.86	2.02
Other Long-Term Liabilities	85.04	85.48	70.95	60.5	59.17	67.47
Total Liabilities	1,869	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	427.8	410.74	474.13	470.41	559.75	555.41
Retained Earnings	565.22	604.64	501.84	481.38	410.83	424.84
Comprehensive Income & Other	0.07	-0.58	0.88	0.79	-3.36	-5.04
Total Common Equity	993.53	1,015	977.3	953.02	967.68	975.66
Minority Interest	44.76	64.14	49.67	32.13	27.88	15.95
Shareholders' Equity	1,038	1,079	1,027	985.15	995.56	991.61
Total Liabilities & Equity	2,907	3,026	2,814	2,168	2,495	2,380
Total Debt	838.5	832.85	735.09	339.21	376.36	386.22
Net Cash (Debt)	-173.93	-106.28	-110.33	204.53	224.8	233.07
Net Cash Growth	-	-	-	-9.02%	-3.55%	284.54%
Net Cash Per Share	-3.32	-2.02	-2.10	3.91	4.72	5.11
Filing Date Shares Outstanding	43.74	43.43	43.97	43.74	45.88	45.79
Total Common Shares Outstanding	43.74	43.42	43.94	43.74	45.84	45.67
Working Capital	545.64	684.7	613.57	549.7	758.08	511.99
Book Value Per Share	22.72	23.38	22.24	21.79	21.11	21.36
Tangible Book Value	653.75	672.88	704.97	870.1	904.47	911.35
Tangible Book Value Per Share	14.95	15.50	16.04	19.89	19.73	19.96
Land	142.99	128.12	105.87	105.73	108.52	117.71
Buildings	114.88	115.15	102.68	103.66	96.18	94.75
Machinery	1,294	1,286	1,212	1,077	945.72	882.22

Updated May 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q