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Granite Construction GVA Equity in unconsolidated construction joint ventures

Equity in unconsolidated construction joint ventures at other companies

Quanta Services logo
Quanta ServicesPWR
$14.47M+11.9%
Equity Lifestyle Properties logo
Equity Lifestyle PropertiesELS
-$877K-118%
Western Midstream Partners logo
Western Midstream PartnersWES
$495.75M-6.0%
DT Midstream logo
DT MidstreamDTM
$1.25B-0.6%
CNH Industrial N.V. logo
CNH Industrial N.V.CNH
$0
First Industrial Realty Trust logo
First Industrial Realty TrustFR
$5.77M-93.0%

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$6.42B+59.2%
Enterprise value$7.55B+69.9%
P/E34.7×+2.1×
P/S1.4×+0.4×

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 gva:EquityInConstructionJointVenturesCurrentAssets.

The official record: Granite Construction’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Granite Construction's equity in unconsolidated construction joint ventures?
Granite Construction (GVA) reported equity in unconsolidated construction joint ventures of $126.86M in Q1 2026.
How has Granite Construction's equity in unconsolidated construction joint ventures changed year-over-year?
Granite Construction's equity in unconsolidated construction joint ventures decreased by 16.3% year-over-year, from $151.5M to $126.86M.
What is the long-term trend for Granite Construction's equity in unconsolidated construction joint ventures?
Over 5 years (2020 to 2025), Granite Construction's equity in unconsolidated construction joint ventures has grown at a -6.5% compound annual growth rate (CAGR), from $188.8M to $134.67M.
What does equity in unconsolidated construction joint ventures mean?
This metric represents the company's proportional ownership interest in the net assets of unconsolidated construction joint ventures. It reflects the value of capital invested in collaborative infrastructure projects where the company shares control but does not maintain a majority stake. Investors use this to assess the scale of off-balance-sheet project partnerships and the potential for equity-based earnings from joint operations.