Granite Financial Statements From 2010 to 2024

GVA Stock  USD 99.37  0.68  0.69%   
Granite Construction financial statements provide useful quarterly and yearly information to potential Granite Construction Incorporated investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Granite Construction financial statements helps investors assess Granite Construction's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Granite Construction's valuation are summarized below:
Gross Profit
369.5 M
Profit Margin
0.028
Market Capitalization
4.3 B
Enterprise Value Revenue
1.1492
Revenue
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 2024 to make sure the company can sustain itself down the road. The current year's Market Cap is expected to grow to about 1.7 B. The current year's Enterprise Value is expected to grow to about 1.7 B

Granite Construction Total Revenue

2.11 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 66 M, Interest Expense of 19.4 M or Total Revenue of 2.1 B, as well as many indicators such as Price To Sales Ratio of 0.42, Dividend Yield of 0.0127 or PTB Ratio of 2.05. Granite financial statements analysis is a perfect complement when working with Granite Construction Valuation or Volatility modules.
  
Check out the analysis of Granite Construction Correlation against competitors.

Granite Construction Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.4 B2.8 B1.9 B
Slightly volatile
Short and Long Term Debt Total771.8 M735.1 M347.6 M
Slightly volatile
Other Current Liabilities183 M320.9 M234.6 M
Slightly volatile
Total Current Liabilities1.1 BB674.7 M
Slightly volatile
Total Stockholder Equity648.2 M977.3 M864.2 M
Slightly volatile
Property Plant And Equipment Net387.4 M741 M464.7 M
Slightly volatile
Retained Earnings490.5 M501.8 M581 M
Pretty Stable
Cash438.5 M417.7 M286.8 M
Slightly volatile
Non Current Assets Total1.2 B1.2 B705.8 M
Slightly volatile
Non Currrent Assets Other68.3 M55.6 M70 M
Slightly volatile
Cash And Short Term Investments313.3 M453.5 M465.4 M
Slightly volatile
Net Receivables904.8 M861.7 M515.4 M
Slightly volatile
Common Stock Shares Outstanding44.8 M52.6 M42.8 M
Slightly volatile
Liabilities And Stockholders Equity1.4 B2.8 B1.9 B
Slightly volatile
Non Current Liabilities Total794.5 M756.7 M383.2 M
Slightly volatile
Inventory109.1 M103.9 M69.6 M
Slightly volatile
Other Current Assets122.1 M224.3 M138.8 M
Slightly volatile
Total Liabilities1.9 B1.8 B1.1 B
Slightly volatile
Property Plant And Equipment Gross1.8 B1.8 B620.8 M
Slightly volatile
Total Current Assets860.9 M1.6 B1.1 B
Slightly volatile
Short Term Debt31.2 M56.8 M44.7 M
Pretty Stable
Accounts Payable209.1 M408.4 M259.7 M
Slightly volatile
Common Stock Total Equity441.4 K502.6 K417.5 K
Slightly volatile
Short Term Investments34.1 M35.9 M179.4 M
Pretty Stable
Common Stock443.1 K439 K413.4 K
Slightly volatile
Other Liabilities50.4 M76 M53.2 M
Slightly volatile
Long Term Debt645.5 M614.8 M310.6 M
Slightly volatile
Property Plant Equipment481.6 M585.6 M464.3 M
Slightly volatile
Current Deferred Revenue149.3 M243.8 M145.3 M
Slightly volatile
Good Will162.8 M155 M96 M
Slightly volatile
Intangible Assets123.2 M117.3 M39.6 M
Slightly volatile
Net Tangible Assets935 MB868.9 M
Slightly volatile
Noncontrolling Interest In Consolidated Entity36.1 M36.9 M33.4 M
Pretty Stable
Retained Earnings Total Equity520.5 M433.2 M627.4 M
Slightly volatile
Long Term Debt Total302.7 M330 M280.7 M
Slightly volatile
Capital Surpluse316.7 M541 M306.7 M
Slightly volatile
Non Current Liabilities Other60.2 M74.7 M55.1 M
Slightly volatile
Long Term Investments76.9 M92.9 M95.8 M
Slightly volatile
Short and Long Term Debt21 M39.9 M14.5 M
Slightly volatile
Deferred Long Term Asset Charges3.5 M3.9 M4.2 M
Slightly volatile
Cash And Equivalents299.3 M338.1 M173.5 M
Slightly volatile
Net Invested Capital1.6 B1.6 B1.3 B
Slightly volatile
Net Working Capital489.4 M613.6 M587.3 M
Very volatile
Capital Stock361.9 K439 K454.1 K
Slightly volatile
Capital Lease Obligations55.2 M80.4 M55.6 M
Pretty Stable

Granite Construction Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization66 M92.3 M74.6 M
Slightly volatile
Total Revenue2.1 B3.5 B2.6 B
Slightly volatile
Gross Profit263.2 M396.4 M291.2 M
Slightly volatile
Other Operating ExpensesB3.4 B2.5 B
Slightly volatile
Cost Of Revenue1.9 B3.1 B2.3 B
Slightly volatile
Total Operating Expenses192.6 M316.3 M233 M
Slightly volatile
Selling General Administrative199.5 M288.5 M202.5 M
Slightly volatile
Selling And Marketing Expenses5.7 MM35.4 M
Pretty Stable
Interest Income9.3 M17.5 M9.3 M
Very volatile
Reconciled Depreciation109.7 M92.3 M84.8 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 Activities100.2 M183.7 M82.1 M
Slightly volatile
End Period Cash Flow438.5 M417.7 M277.4 M
Slightly volatile
Stock Based Compensation7.8 M10.5 M10.4 M
Very volatile
Begin Period Cash Flow192.4 M294 M260.4 M
Slightly volatile
Dividends Paid19.2 M22.8 M21.7 M
Pretty Stable
Issuance Of Capital Stock9.2 M10.3 M11.3 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.420.6360.5674
Pretty Stable
Dividend Yield0.01270.01020.0152
Pretty Stable
PTB Ratio2.052.28351.826
Very volatile
Days Sales Outstanding51.0989.628265.4911
Slightly volatile
Book Value Per Share11.9523.404521.0999
Pretty Stable
Operating Cash Flow Per Share4.44.18672.3415
Slightly volatile
Stock Based Compensation To Revenue0.00460.0030.0041
Slightly volatile
PB Ratio2.052.28351.826
Very volatile
EV To Sales0.440.72640.5833
Very volatile
Inventory Turnover56.9529.959638.6488
Very volatile
Days Of Inventory On Hand6.2812.18319.8324
Very volatile
Payables Turnover12.317.622510.5883
Slightly volatile
Sales General And Administrative To Revenue0.08680.08220.0763
Pretty Stable
Capex To Revenue0.040.040.0291
Slightly volatile
Cash Per Share5.5810.335811.0391
Pretty Stable
POCF Ratio16.5212.148137.373
Pretty Stable
Capex To Operating Cash Flow0.860.76421.5775
Very volatile
Days Payables Outstanding26.6347.884735.3756
Slightly volatile
EV To Operating Cash Flow16.9213.87638.3291
Pretty Stable
Current Ratio1.371.59581.808
Slightly volatile
Tangible Book Value Per Share11.5617.198219.0102
Very volatile
Receivables Turnover6.444.07245.6852
Slightly volatile
Graham Number15.5422.314523.1497
Pretty Stable
Shareholders Equity Per Share11.5822.272620.4017
Pretty Stable
Debt To Equity0.70.66990.3971
Pretty Stable
Capex Per Share3.363.19931.8923
Slightly volatile
Revenue Per Share83.9779.973164.524
Slightly volatile
Interest Debt Per Share16.1115.34168.1394
Slightly volatile
Debt To Assets0.240.23270.1704
Very volatile
Short Term Coverage Ratios8.14.600510.9375
Pretty Stable
Operating Cycle57.3710275.3235
Slightly volatile
Price Book Value Ratio2.052.28351.826
Very volatile
Days Of Payables Outstanding26.6347.884735.3756
Slightly volatile
Price To Operating Cash Flows Ratio16.5212.148137.373
Pretty Stable
Effective Tax Rate0.340.50570.2678
Pretty Stable
Company Equity Multiplier1.742.87892.1855
Pretty Stable
Long Term Debt To Capitalization0.410.38610.2616
Pretty Stable
Total Debt To Capitalization0.420.40120.2759
Pretty Stable
Debt Equity Ratio0.70.66990.3971
Pretty Stable
Quick Ratio1.31.49491.7045
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.351.12571.0282
Very volatile
Net Income Per E B T0.520.72840.6699
Slightly volatile
Cash Ratio0.290.40550.4382
Slightly volatile
Cash Conversion Cycle43.2753.926643.1425
Very volatile
Operating Cash Flow Sales Ratio0.06050.05240.039
Very volatile
Days Of Inventory Outstanding6.2812.18319.8324
Very volatile
Days Of Sales Outstanding51.0989.628265.4911
Slightly volatile
Cash Flow Coverage Ratios0.270.28060.3296
Pretty Stable
Price To Book Ratio2.052.28351.826
Very volatile
Fixed Asset Turnover4.374.73545.6097
Very volatile
Capital Expenditure Coverage Ratio1.641.30861.3499
Pretty Stable
Price Cash Flow Ratio16.5212.148137.373
Pretty Stable
Debt Ratio0.240.23270.1704
Very volatile
Cash Flow To Debt Ratio0.270.28060.3296
Pretty Stable
Price Sales Ratio0.420.6360.5674
Pretty Stable
Asset Turnover1.821.24721.4648
Pretty Stable
Gross Profit Margin0.140.1130.1128
Pretty Stable
Price Fair Value2.052.28351.826
Very volatile

Granite Construction Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.7 B1.6 B1.5 B
Slightly volatile
Enterprise Value1.7 B1.6 B1.5 B
Slightly volatile

Granite Fundamental Market Drivers

Forward Price Earnings19.1205
Cash And Short Term Investments453.5 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 Revenue243.8 M149.3 M
Total Revenue3.5 B2.1 B
Cost Of Revenue3.1 B1.9 B
Sales General And Administrative To Revenue 0.08  0.09 
Capex To Revenue 0.04  0.04 
Revenue Per Share 79.97  83.97 
Ebit Per Revenue 0.02  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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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. If investors know Granite will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Granite Construction listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.38
Dividend Share
0.52
Earnings Share
2.36
Revenue Per Share
90.257
Quarterly Revenue Growth
0.142
The market value of Granite Construction is measured differently than its book value, which is the value of Granite that is recorded on the company's balance sheet. Investors also form their own opinion of Granite Construction's value that differs from its market value or its book value, called intrinsic value, which is Granite Construction's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Granite Construction's market value can be influenced by many factors that don't directly affect Granite Construction's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic 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. However, Granite Construction's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.