What is Granite Construction's construction — acquisitions?

Granite Construction (GVA) reported construction — acquisitions of $16.65M in Q4 2025.

How has Granite Construction's construction — acquisitions changed year-over-year?

Granite Construction's construction — acquisitions increased by 1413.5% year-over-year, from $1.1M to $16.65M.

What does construction — acquisitions mean?

The capital expenditure dedicated to purchasing other businesses or entities to expand the construction segment's capabilities, geographic reach, or market share. This metric tracks inorganic growth initiatives and strategic expansion efforts.

Granite Construction GVA Construction — Acquisitions

Other segment segments

Materials

$119.42M+116%

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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 us-gaap:GoodwillAcquiredDuringPeriod.

The official record: Granite Construction’s 10-K, filed February 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Granite Construction's construction — acquisitions?: Granite Construction (GVA) reported construction — acquisitions of $16.65M in Q4 2025.
How has Granite Construction's construction — acquisitions changed year-over-year?: Granite Construction's construction — acquisitions increased by 1413.5% year-over-year, from $1.1M to $16.65M.
What does construction — acquisitions mean?: The capital expenditure dedicated to purchasing other businesses or entities to expand the construction segment's capabilities, geographic reach, or market share. This metric tracks inorganic growth initiatives and strategic expansion efforts.