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Granite Construction GVA Equity Method Investments

Equity Method Investments at other companies

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AECOMACM
$147.07M+2.4%
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Sterling Infrastructure, Inc.STRL
$100.48M-8.1%
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FluorFLR
$562M-76.3%
Construction Partners logo
Construction PartnersROAD
$0-100%
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$12.85M-30.9%
Cardinal Infrastructure Group, Inc. logo
Cardinal Infrastructure Group, Inc.CDNL
$0-100%

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$5.4B+32.2%
Enterprise value$6.53B+41.8%
P/E29.2×+3.4×
P/S1.2×+0.2×

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:EquityMethodInvestments.

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
(in thousands)March 31, 2026December 31, 2025
Foreign$77,559$75,838
Real estate4,2074,120
Asphalt terminal16,21916,806
Total investments in affiliates$97,985$96,764

Item 1. Financial Statements (unaudited)

FAQ

What is Granite Construction's equity method investments?
Granite Construction (GVA) reported equity method investments of $97.99M in Q1 2026.
How has Granite Construction's equity method investments changed year-over-year?
Granite Construction's equity method investments increased by 4.6% year-over-year, from $93.67M to $97.99M.
What is the long-term trend for Granite Construction's equity method investments?
Over 5 years (2020 to 2025), Granite Construction's equity method investments has grown at a 28.5% compound annual growth rate (CAGR), from $27.64M to $96.76M.
What does equity method investments mean?
Investments in unconsolidated affiliates and joint ventures where the company has significant influence (typically 20-50% ownership), carried at proportional book value.

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