| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents (165,534 and 173,894 related to consolidated construction joint ventures (ccjvs)) | 441,804 | 322,017 | ||
| Short-term marketable securities | 105,437 | 63,284 | ||
| Receivables, net (38,836 and 33,708 related to ccjvs) | 836,149 | 704,988 | ||
| Contract assets (31,942 and 115,834 related to ccjvs) | 261,263 | 289,225 | ||
| Inventories | 145,239 | 126,483 | ||
| Equity in construction joint ventures | 154,152 | 153,455 | ||
| Other current assets (3,415 and 3,982 related to ccjvs) | 36,023 | 32,163 | ||
| Total current assets | 1,980,067 | 1,691,615 | ||
| Property and equipment, net (5,240 and 6,792 related to ccjvs) | 1,199,605 | 714,186 | ||
| Long-term marketable securities | 69,303 | 98,069 | ||
| Investments in affiliates | 94,643 | 95,093 | ||
| Goodwill | 391,660 | 215,165 | ||
| Intangible assets, net | 181,040 | 123,335 | ||
| Right of use assets | 152,406 | 99,595 | ||
| Other noncurrent assets | 76,596 | 68,933 | ||
| Total assets | 4,145,320 | 3,105,991 | ||
| Current maturities of long-term debt | 371,990 | 7,337 | ||
| Accounts payable (43,562 and 74,745 related to ccjvs) | 527,625 | 441,423 | ||
| Contract liabilities (68,319 and 80,096 related to ccjvs) | 327,237 | 300,799 | ||
| Accrued expenses and other current liabilities (3,067 and 4,706 related to ccjvs) | 407,425 | 326,592 | ||
| Total current liabilities | 1,634,277 | 1,076,151 | ||
| Long-term debt | 966,346 | 733,039 | ||
| Long-term lease liabilities | 125,915 | 81,473 | ||
| Deferred income taxes, net | 118,158 | 14,487 | ||
| Other long-term liabilities | 95,643 | 86,486 | ||
| Common stock, 0.01 par value, authorized 150,000,000 shares issued and outstanding 43,736,765 shares as of september30, 2025 and 43,424,646 shares as of december31, 2024 | 437 | 438 | ||
| Additional paid-in capital | 426,143 | 430,155 | ||
| Accumulated other comprehensive income (loss) | 868 | 997 | ||
| Retained earnings | 728,332 | 631,158 | ||
| Total granite construction incorporated shareholders equity | 1,155,780 | 1,062,748 | ||
| Non-controlling interests | 49,201 | 51,607 | ||
| Total equity | 1,204,981 | 1,114,355 | ||
| Total liabilities and equity | 4,145,320 | 3,105,991 | ||
GRANITE CONSTRUCTION INC (GVA)
GRANITE CONSTRUCTION INC (GVA)