Granite Construction Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	529.22	578.33	417.66	293.99	395.65
Short-Term Investments	205.69	148.24	207.1	223.18	189.91
Trading Asset Securities	0.83	-	-	-	-
Cash & Short-Term Investments	735.74	726.57	624.76	517.17	585.56
Cash Growth	1.26%	16.30%	20.80%	-11.68%	-4.65%
Accounts Receivable	796.79	761.79	785.61	634.11	550.53
Other Receivables	70.48	78.31	76.08	71.79	59.5
Receivables	867.27	840.1	861.69	705.9	610.03
Inventory	143.13	108.18	103.9	86.81	61.97
Other Current Assets	66.09	41.82	53.1	37.41	569.85
Total Current Assets	1,812	1,717	1,643	1,347	1,827
Property, Plant & Equipment	1,414	805.98	741.04	558.29	482.82
Long-Term Investments	146.3	94.03	92.91	107.29	38.97
Goodwill	400.81	214.47	155	73.7	53.72
Other Intangible Assets	179.55	127.89	117.32	9.21	9.5
Long-Term Deferred Tax Assets	-	-	8.18	22.21	24.14
Other Long-Term Assets	78	66.64	55.63	49.93	58.39
Total Assets	4,030	3,026	2,814	2,168	2,495
Accounts Payable	430.3	407.22	408.36	334.39	324.31
Accrued Expenses	229.85	200.31	187.35	159.34	164.46
Current Portion of Long-Term Debt	375.9	1.11	39.93	1.45	12.24
Current Portion of Leases	32.73	20.17	16.83	18.66	-
Current Unearned Revenue	327.37	299.67	243.85	173.29	200.04
Other Current Liabilities	85.6	103.48	133.56	110.47	368.26
Total Current Liabilities	1,482	1,032	1,030	797.59	1,069
Long-Term Debt	963.23	737.94	614.78	286.93	331.19
Long-Term Leases	125.73	73.64	63.55	32.17	32.93
Pension & Post-Retirement Benefits	3.4	3.4	3.7	3.7	4.9
Long-Term Deferred Tax Liabilities	141.49	13.87	3.71	1.89	1.86
Other Long-Term Liabilities	93.26	85.48	70.95	60.5	59.17
Total Liabilities	2,809	1,946	1,787	1,183	1,499
Common Stock	0.44	0.43	0.44	0.44	0.46
Additional Paid-In Capital	402.39	410.74	474.13	470.41	559.75
Retained Earnings	774.64	604.64	501.84	481.38	410.83
Comprehensive Income & Other	1.58	-0.58	0.88	0.79	-3.36
Total Common Equity	1,179	1,015	977.3	953.02	967.68
Minority Interest	42.49	64.14	49.67	32.13	27.88
Shareholders' Equity	1,222	1,079	1,027	985.15	995.56
Total Liabilities & Equity	4,030	3,026	2,814	2,168	2,495
Total Debt	1,498	832.85	735.09	339.21	376.36
Net Cash (Debt)	-712.31	-106.28	-110.33	204.53	224.8
Net Cash Growth	-	-	-	-9.02%	-3.55%
Net Cash Per Share	-13.41	-2.02	-2.10	3.91	4.72
Filing Date Shares Outstanding	43.5	43.43	43.97	43.74	45.88
Total Common Shares Outstanding	43.5	43.42	43.94	43.74	45.84
Working Capital	330.49	684.7	613.57	549.7	758.08
Book Value Per Share	27.11	23.38	22.24	21.79	21.11
Tangible Book Value	598.69	672.88	704.97	870.1	904.47
Tangible Book Value Per Share	13.76	15.50	16.04	19.89	19.73
Land	174.66	128.12	105.87	105.73	108.52
Buildings	121.17	115.15	102.68	103.66	96.18
Machinery	1,551	1,286	1,212	1,077	945.72

Updated Feb 12, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q