Granite Construction Incorporated (FRA:GRG)

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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	441.8	578.33	417.66	293.99	395.65	425.29
Short-Term Investments	259.59	148.24	207.1	223.18	189.91	188.8
Trading Asset Securities	0.32	-	-	-	-	-
Cash & Short-Term Investments	701.71	726.57	624.76	517.17	585.56	614.09
Cash Growth	13.82%	16.30%	20.80%	-11.68%	-4.65%	27.09%
Accounts Receivable	1,022	761.79	785.61	634.11	550.53	518.27
Other Receivables	75.89	78.31	76.08	71.79	59.5	51.38
Receivables	1,097	840.1	861.69	705.9	610.03	569.66
Inventory	145.24	108.18	103.9	86.81	61.97	62.47
Other Current Assets	35.7	41.82	53.1	37.41	569.85	209.03
Total Current Assets	1,980	1,717	1,643	1,347	1,827	1,455
Property, Plant & Equipment	1,352	805.98	741.04	558.29	482.82	474.14
Long-Term Investments	163.95	94.03	92.91	107.29	38.97	32.84
Goodwill	391.66	214.47	155	73.7	53.72	53.72
Other Intangible Assets	181.04	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	76.6	66.64	55.63	49.93	58.39	310.35
Total Assets	4,145	3,026	2,814	2,168	2,495	2,380
Accounts Payable	527.63	407.22	408.36	334.39	324.31	321.35
Accrued Expenses	228.05	200.31	187.35	159.34	164.46	165.44
Current Portion of Long-Term Debt	371.99	1.11	39.93	1.45	12.24	15.88
Current Portion of Leases	32.05	20.17	16.83	18.66	-	-
Current Unearned Revenue	327.24	299.67	243.85	173.29	200.04	162.93
Other Current Liabilities	147.32	103.48	133.56	110.47	368.26	277.66
Total Current Liabilities	1,634	1,032	1,030	797.59	1,069	943.26
Long-Term Debt	966.35	737.94	614.78	286.93	331.19	330.52
Long-Term Leases	125.92	73.64	63.55	32.17	32.93	39.82
Pension & Post-Retirement Benefits	-	3.4	3.7	3.7	4.9	5.3
Long-Term Deferred Tax Liabilities	118.16	13.87	3.71	1.89	1.86	2.02
Other Long-Term Liabilities	95.64	85.48	70.95	60.5	59.17	67.47
Total Liabilities	2,940	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	426.14	410.74	474.13	470.41	559.75	555.41
Retained Earnings	728.33	604.64	501.84	481.38	410.83	424.84
Comprehensive Income & Other	0.87	-0.58	0.88	0.79	-3.36	-5.04
Total Common Equity	1,156	1,015	977.3	953.02	967.68	975.66
Minority Interest	49.2	64.14	49.67	32.13	27.88	15.95
Shareholders' Equity	1,205	1,079	1,027	985.15	995.56	991.61
Total Liabilities & Equity	4,145	3,026	2,814	2,168	2,495	2,380
Total Debt	1,496	832.85	735.09	339.21	376.36	386.22
Net Cash (Debt)	-725.29	-106.28	-110.33	204.53	224.8	233.07
Net Cash Growth	-	-	-	-9.02%	-3.55%	284.54%
Net Cash Per Share	-13.74	-2.02	-2.10	3.91	4.72	5.11
Filing Date Shares Outstanding	43.65	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	345.79	684.7	613.57	549.7	758.08	511.99
Book Value Per Share	26.43	23.38	22.24	21.79	21.11	21.36
Tangible Book Value	583.08	672.88	704.97	870.1	904.47	911.35
Tangible Book Value Per Share	13.33	15.50	16.04	19.89	19.73	19.96
Land	169.25	128.12	105.87	105.73	108.52	117.71
Buildings	119.4	115.15	102.68	103.66	96.18	94.75
Machinery	1,522	1,286	1,212	1,077	945.72	882.22

Source: S&P Global Market Intelligence. Standard template. Financial Sources.