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Granite Construction GVA Materials — Foreign currency and other adjustments

Other segment segments

Construction
-$61K-863%

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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:GoodwillForeignCurrencyTranslationGainLoss.

The source filing: Granite Construction’s 10-K, filed February 13, 2026.

Filed
Feb 12, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0000861459-26-000004
(in thousands)ConstructionMaterialsTotal
Balance as of December 31, 2023$130,569$24,435$155,004
Acquisitions (1)4,40055,40059,800
Foreign currency and other adjustments8(347)(339)
Balance as of December 31, 2024134,97779,488214,465
Acquisitions (1)66,595119,421186,016
Foreign currency and other adjustments(61)394333
Balance as of December 31, 2025$201,511$199,303$400,814

Item 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

FAQ

What is Granite Construction's materials — foreign currency and other adjustments?
Granite Construction (GVA) reported materials — foreign currency and other adjustments of $98.5K in Q4 2025.
How has Granite Construction's materials — foreign currency and other adjustments changed year-over-year?
Granite Construction's materials — foreign currency and other adjustments increased by 213.5% year-over-year, from -$86.75K to $98.5K.
What does materials — foreign currency and other adjustments mean?
This metric captures the net impact of foreign exchange rate fluctuations and miscellaneous non-operational adjustments on the Materials segment's financial results. It reflects external volatility that is not directly tied to the core production or sales activities of the segment. Monitoring this helps investors isolate the underlying operational performance from currency-related noise.

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