Granite Construction Incorporated (GVA) — Financial statements
Income statement, balance sheet, and cash flow for Granite Construction Incorporated — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 4,424↑10.4% | 4,008↑14.2% | 3,509↑6.3% | 3,301↓5.7% | 3,502 | |
| Cost of Revenue | 3,713↑8.1% | 3,435↑10.3% | 3,113↑6.2% | 2,932↓6.6% | 3,139 | |
| Gross Profit | 711↑24.2% | 573↑44.5% | 396↑7.3% | 369↑1.9% | 363 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 334↑15.8% | 289↑5.8% | 273↓8.6% | 298 | |
| Selling & Marketing Expenses | 0.00 | 0.00↓100.0% | 6 | 0.00↓100.0% | 5 | |
| SG&A Expenses | 408↑22.0% | 334↑13.5% | 294↑8.0% | 273↓10.0% | 303 | |
| Other Expenses | 41↑32.9% | 31↑42.5% | 22↓9.3% | 24↓30.9% | 35 | |
| Operating Expenses | 449↑22.9% | 365↑15.5% | 316↑6.6% | 297↓12.2% | 338 | |
| Total Costs & Expenses | 4,162↑9.5% | 3,800↑10.8% | 3,429↑6.2% | 3,228↓7.2% | 3,477 | |
| Operating Results | ||||||
| Operating Income | 262↑26.5% | 207↑159.0% | 80↑10.0% | 73↑194.4% | 25 | |
| Depreciation & Amortization | 162↑28.6% | 126↑36.9% | 92↑11.7% | 83↓24.3% | 109 | |
| EBITDA | 425↑20.7% | 352↑106.2% | 171↓8.8% | 187↑23.1% | 152 | |
| EBIT | 262↑16.4% | 225↑187.8% | 78↓25.0% | 104↑143.6% | 43 | |
| Interest & Other Income | ||||||
| Net Interest Income | -20↓320.4% | -5↓423.7% | -0.92↑84.8% | -6↑68.8% | -20 | |
| Interest Income | 27↑10.4% | 24↑38.8% | 18↑168.7% | 7↑455.1% | 1 | |
| Interest Expense | 47↑61.8% | 29↑58.1% | 18↑46.2% | 13↓39.1% | 21 | |
| Non-Operating Income | 0.00↑100.0% | -18↓1131.9% | 2↑105.5% | -32↓74.5% | -18 | |
| Other Income / Expenses | 27↑338.0% | -11↑44.7% | -20↓206.1% | 19↑835.4% | -3 | |
| Income Before Tax | 289↑47.2% | 196↑227.8% | 60↓34.8% | 92↑315.0% | 22 | |
| Income Tax Expense | 68↑22.8% | 56↑84.2% | 30↑133.5% | 13↓34.3% | 20 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 220↑56.9% | 140↑374.7% | 30↓62.5% | 79↑3166.7% | 2 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 11 | |
| Net Income | 193↑52.8% | 126↑189.8% | 44↓47.7% | 83↑725.1% | 10 | |
| Bottom-Line Net Income | 193↑52.8% | 126↑189.8% | 44↓47.7% | 83↑725.1% | 10 | |
| EPS (Basic) | 4.42↑53.5% | 2.88↑190.9% | 0.99↓47.1% | 1.87↑750.0% | 0.22 | |
| EPS (Diluted) | 3.63↑38.5% | 2.62↑215.7% | 0.83↓51.2% | 1.70↑672.7% | 0.22 | |
| Weighted Average Shares | 44↓0.4% | 44↓0.1% | 44↓1.4% | 44↓2.8% | 46 | |
| Weighted Average Diluted Shares | 53↑1.2% | 53↓0.1% | 53↑0.5% | 52↑14.3% | 46 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.