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Granite Construction GVA Construction — Depreciation, depletion and amortization

Other segment segments

Materials
$20.38M+50.4%

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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$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:DepreciationAndAmortization.

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,ConstructionMaterialsTotal
Selling, general and administrative expenses72,17611,91484,090
(Gain) loss on sales of property and equipment, net(4,241)1,292(2,949)
Operating income (loss) from reportable segments$34,245$(5,481)$28,764
Depreciation, depletion and amortization$20,203$20,383$40,586
Segment assets as of period end$688,110$1,396,147$2,084,257
2025
Total revenue from reportable segments$614,618$105,580$720,198
Elimination of intersegment revenue(20,651)(20,651)

Item 1. Financial Statements (unaudited)

FAQ

What is Granite Construction's construction — depreciation, depletion and amortization?
Granite Construction (GVA) reported construction — depreciation, depletion and amortization of $20.2M in Q1 2026.
How has Granite Construction's construction — depreciation, depletion and amortization changed year-over-year?
Granite Construction's construction — depreciation, depletion and amortization increased by 39.8% year-over-year, from $14.45M to $20.2M.
What is the long-term trend for Granite Construction's construction — depreciation, depletion and amortization?
Over 4 years (2021 to 2025), Granite Construction's construction — depreciation, depletion and amortization has grown at a 13.8% compound annual growth rate (CAGR), from $51.65M to $86.51M.
What does construction — depreciation, depletion and amortization mean?
The non-cash expense allocated to the cost of construction assets over their useful lives, reflecting the wear and tear of heavy machinery and infrastructure equipment. This metric is critical for understanding the capital intensity and reinvestment requirements of the segment.

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