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Granite Construction GVA Materials — Depreciation, depletion and amortization

Other segment segments

Construction
$20.2M+39.8%

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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 materials — depreciation, depletion and amortization?
Granite Construction (GVA) reported materials — depreciation, depletion and amortization of $20.38M in Q1 2026.
How has Granite Construction's materials — depreciation, depletion and amortization changed year-over-year?
Granite Construction's materials — depreciation, depletion and amortization increased by 50.4% year-over-year, from $13.56M to $20.38M.
What is the long-term trend for Granite Construction's materials — depreciation, depletion and amortization?
Over 4 years (2021 to 2025), Granite Construction's materials — depreciation, depletion and amortization has grown at a 28.3% compound annual growth rate (CAGR), from $25.5M to $69.01M.
What does materials — depreciation, depletion and amortization mean?
The systematic allocation of the cost of tangible assets, such as mining equipment and processing plants, and intangible assets over their useful lives. This non-cash expense reflects the ongoing capital intensity and asset consumption required to maintain materials production capacity.

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