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Granite Construction GVA Contributions from noncontrolling interests

Contributions from noncontrolling interests at other companies

Tutor Perini logo
Tutor PeriniTPC
$4.99M
Fluor logo
FluorFLR
$37M

Other financials

Income statement

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Revenue$912.5M+30.4%
Gross profit$109.9M+31.1%
Operating income-$31.1M+21.7%
Net income-$41.7M-23.9%
EPS (diluted)-$0.96-24.7%

Balance sheet

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Cash & equivalents$265.7M-29.9%
Total debt$1.4B+66.5%
Total equity$1.0B+3.9%
Total assets$3.8B+30.0%

Cash flow

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Operating cash flow-$30.9M-947%
CapEx$26.1M-18.8%
Free cash flow-$57.0M-99.6%

Valuation

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Market cap$5.62B+20.0%
Enterprise value$6.75B+29.7%
P/E30.4×+0.8×
P/S1.2×+0.1×

Profitability

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Gross margin15.9%+1.0pp
Operating margin6.3%+1.0pp
Net margin4%+0.9pp
FCF margin6.5%-0.8pp

Returns & leverage

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Return on equity18.3%+5.5pp
Debt / equity1.4×+0.5×
Current ratio1.1×-0.5×

Where this comes from

Reported directly by Granite Construction in its filing.

Tagged under the XBRL concept us-gaap:ProceedsFromMinorityShareholders.

The source filing: Granite Construction’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:56 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000861459-26-000018
Three Months Ended March 31,20262025
Proceeds from partial unwind of capped call56,675
Cash dividends paid(5,655)(5,652)
Repurchases of common stock(18,441)(15,209)
Contributions from non-controlling partners2,400
Distributions to non-controlling partners(1,275)(25,450)
Other financing activities, net(37)(8)
Net cash used in financing activities$(255,131)$(46,593)
Net decrease in cash and cash equivalents(263,506)(199,256)

Item 1. Financial Statements (unaudited)

FAQ

What is Granite Construction's contributions from noncontrolling interests?
Granite Construction (GVA) reported contributions from noncontrolling interests of $2.4M in Q1 2026.
What is the long-term trend for Granite Construction's contributions from noncontrolling interests?
Over 4 years (2021 to 2025), Granite Construction's contributions from noncontrolling interests has grown at a -36.2% compound annual growth rate (CAGR), from $20.13M to $3.35M.
What does contributions from noncontrolling interests mean?
Cash contributions received from minority interest holders in partially owned subsidiaries, increasing their investment.

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