Granite Construction Balance Sheet
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At close: Oct 9, 4:00 PM ET · Delayed 15 min
Granite Construction financial position
At the end of fiscal 2025, Granite Construction reported total assets of $4.03 billion, up 33.2% from a year earlier against total liabilities of $2.81 billion. Shareholders' equity stood at $1.18 billion, or 29.3% of assets. The company held $529.2 million in cash and equivalents against $1.34 billion of debt, a net debt position of $809.9 million.
The current ratio (current assets divided by current liabilities) was 1.22, meaning short-term assets cover obligations due within a year. Debt-to-equity was 1.14.
Summary generated from market data by MetaCap's automated system. Methodology
Granite Construction balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 529.22M | 578.33M | 417.66M | 293.99M | 395.65M | 425.29M | 252.34M | 272.80M | 233.71M | 189.33M |
| Short-Term Investments | 71.02M | 7.31M | 35.86M | 39.37M | 0 | — | — | — | 67.78M | 64.88M |
| Receivables | 630.39M | 511.74M | 598.71M | 463.99M | 464.59M | 437.56M | 547.42M | 484.75M | 479.79M | 419.35M |
| Inventory | 143.13M | 108.17M | 103.90M | 86.81M | 61.97M | 62.47M | 88.89M | 88.62M | 62.50M | 55.24M |
| Total Current Assets | 1.81B | 1.72B | 1.64B | 1.35B | 1.83B | 1.46B | 1.38B | 1.34B | 1.23B | 1.09B |
| Property, Plant & Equipment | 1.26B | 716.18M | 662.86M | 509.21M | 433.50M | 421.15M | 542.30M | 549.69M | 407.42M | 406.65M |
| Goodwill | 400.81M | 214.47M | 155.00M | 73.70M | 53.72M | 53.72M | 264.28M | 259.47M | 53.80M | 53.80M |
| Intangible Assets | 179.55M | 127.89M | 117.32M | 9.21M | 9.50M | 10.60M | 47.06M | 65.72M | 16.15M | 17.90M |
| Long-Term Investments | — | — | — | — | — | — | — | — | 65.02M | 62.90M |
| Total Assets | 4.03B | 3.03B | 2.81B | 2.17B | 2.49B | 2.38B | 2.50B | 2.43B | 1.87B | 1.73B |
| Accounts Payable | 430.30M | 407.22M | 408.36M | 334.39M | 324.31M | 321.35M | 400.77M | 256.76M | 237.67M | 199.03M |
| Short-Term Debt | 375.90M | 1.11M | 39.93M | 1.45M | 8.73M | 8.28M | 8.24M | 47.29M | 46.05M | 14.80M |
| Total Current Liabilities | 1.48B | 1.03B | 1.03B | 797.59M | 1.07B | 943.26M | 842.06M | 737.44M | 655.27M | 529.93M |
| Long-Term Debt | 963.23M | 737.94M | 614.78M | 286.93M | 331.19M | 330.52M | 356.11M | 335.12M | 178.45M | 229.50M |
| Total Liabilities | 2.81B | 1.95B | 1.79B | 1.18B | 1.50B | 1.39B | 1.32B | 1.14B | 950.83M | 849.14M |
| Shareholders' Equity | 1.18B | 1.02B | 977.30M | 953.02M | 967.68M | 975.66M | 1.14B | 1.24B | 945.11M | 885.99M |
| Retained Earnings | 774.64M | 604.63M | 501.84M | 481.38M | 410.83M | 424.83M | 594.35M | 679.45M | 783.70M | 735.63M |
| Total Debt | 1.34B | 739.05M | 654.71M | 288.38M | 339.92M | 338.80M | 364.35M | 382.40M | 224.50M | 244.29M |
| Net Cash (Debt) | -738.89M | -153.41M | -201.19M | 44.98M | 55.73M | 86.49M | -112.01M | -109.60M | 76.98M | 9.92M |
| Shares Outstanding | 43.50M | 43.42M | 43.94M | 43.74M | 45.84M | 45.67M | 45.50M | 46.67M | 39.87M | 39.62M |
This table shows 10 annual periods of Granite Construction's balance sheet, from FY 2025 back to FY 2016, across 20 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow GVA's reporting calendar. What is a balance sheet?