Granite Construction Incorporated (GVA)
NYSE: GVA · Real-Time Price · USD
124.52
-1.21 (-0.96%)
Nov 13, 2026, 4:00 PM EST - Market closed
Granite Construction Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Net Income | -264.62 | 193 | 126.35 | 43.6 | 83.3 | 10.1 |
Depreciation & Amortization | 188.59 | 162.43 | 126.33 | 92.27 | 82.57 | 109.05 |
Loss (Gain) From Sale of Assets | -17.98 | -20.21 | -8.76 | -28.35 | -12.62 | -66.44 |
Loss (Gain) on Equity Investments | -34.3 | -22.58 | -11.88 | -7.13 | 6.11 | -11.82 |
Stock-Based Compensation | 48.87 | 39.15 | 19.6 | 10.48 | 7.77 | 6.41 |
Other Operating Activities | 311.31 | 56.6 | 63.76 | 71.68 | 3.59 | 18.37 |
Change in Accounts Receivable | -18.85 | 83.3 | 91.42 | -78.41 | -53.79 | 0.73 |
Change in Inventory | -25.67 | -0.75 | -2.86 | -1.43 | -14.31 | 0.77 |
Change in Accounts Payable | 86.26 | -20.37 | 0.42 | 66.83 | -9.78 | 7.4 |
Change in Other Net Operating Assets | 46.84 | -1.66 | 51.97 | 14.17 | -37.2 | -52.63 |
Operating Cash Flow | 583.57 | 468.92 | 456.34 | 183.71 | 55.65 | 21.93 |
Operating Cash Flow Growth | 26.20% | 2.76% | 148.41% | 230.13% | 153.74% | -91.83% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Capital Expenditures | -140.42 | -138.27 | -136.41 | -140.38 | -121.61 | -94.81 |
Sale of Property, Plant & Equipment | 38.5 | 32.85 | 13.85 | 38.11 | 26.06 | 94.8 |
Cash Acquisitions | -256.55 | -777.52 | -134.36 | -294.02 | - | - |
Divestitures | - | - | - | - | 140.58 | - |
Investment in Securities | 130.61 | -113.15 | 27.02 | 30.26 | -49.1 | -10 |
Other Investing Activities | 26.08 | 2.37 | 1.34 | 6.74 | -6.92 | -11.47 |
Investing Cash Flow | -201.79 | -993.72 | -228.56 | -359.29 | -11 | -21.48 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Long-Term Debt Issued | - | 685 | 373.75 | 678.75 | 50 | - |
Long-Term Debt Repaid | - | -86.11 | -310.5 | -305.12 | -125.16 | -8.92 |
Net Debt Issued (Repaid) | -408.18 | 598.89 | 63.25 | 373.63 | -75.16 | -8.92 |
Repurchase of Common Stock | -82.38 | -48.21 | -50.63 | -4.12 | -70.9 | -2.73 |
Common Dividends Paid | -22.72 | -22.72 | -22.81 | -22.81 | -23.27 | -23.8 |
Other Financing Activities | 169.98 | -52.27 | -56.93 | -47.44 | 5.02 | 11.01 |
Financing Cash Flow | -343.3 | 475.7 | -67.12 | 299.26 | -164.31 | -24.45 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Net Cash Flow | 38.49 | -49.11 | 160.67 | 123.67 | -119.66 | -23.99 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | 443.16 | 330.65 | 319.94 | 43.32 | -65.97 | -72.88 |
Free Cash Flow Growth | 27.92% | 3.35% | 638.50% | - | - | - |
Free Cash Flow Margin | 8.36% | 7.47% | 7.98% | 1.23% | -2.00% | -2.08% |
Free Cash Flow Per Share | 10.13 | 6.22 | 6.09 | 0.82 | -1.26 | -1.53 |
Levered Free Cash Flow | 444.14 | 184.49 | 183.12 | -6.97 | 137.31 | -289.37 |
Unlevered Free Cash Flow | 384.76 | 214 | 201.37 | 4.57 | 145.2 | -276.41 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 Interest Paid | 68.1 | 36.11 | 26.07 | 15.64 | 11.51 | 14.59 |
Cash Income Tax Paid | 55.66 | 49.04 | 30.47 | 14.87 | 3.77 | 2.07 |
Change in Working Capital | 88.58 | 60.52 | 140.95 | 1.16 | -115.07 | -43.73 |