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Granite Construction GVA Equity in unconsolidated construction joint ventures
Equity in unconsolidated construction joint ventures at other companies
Other financials
Where this comes from
Reported directly by Granite Construction in its filing.
Tagged under the XBRL concept gva:EquityInConstructionJointVenturesCurrentAssets.
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
| Line item | March 31, 2026 | December 31, 2025 |
|---|---|---|
| Receivables, net ($37,658 and $37,398 related to CCJVs) | 636,513 | 630,392 |
| Contract assets ($36,808 and $34,057 related to CCJVs) | 283,979 | 236,879 |
| Inventories | 168,789 | 143,129 |
| Equity in unconsolidated construction joint ventures | 126,857 | 134,670 |
| Other current assets ($3,343 and $3,255 related to CCJVs) | 73,663 | 66,920 |
| Total current assets | 1,604,706 | 1,812,231 |
| Property and equipment, net ($5,176 and $4,961 related to CCJVs) | 1,242,501 | 1,260,823 |
| Long-term marketable securities | 32,616 | 49,534 |
Item 1. Financial Statements (unaudited)
FAQ
- 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.
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