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Granite Construction GVA Materials sales — Receivables

Other product segments

Contracts completed and in progress:
$482.71M+42.5%
Other
$70.85M-19.0%

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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:AccountsReceivableGrossCurrent.

The official record: Granite Construction’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Granite Construction's materials sales — receivables?
Granite Construction (GVA) reported materials sales — receivables of $84.53M in Q1 2026.
How has Granite Construction's materials sales — receivables changed year-over-year?
Granite Construction's materials sales — receivables increased by 84.2% year-over-year, from $45.89M to $84.53M.
What is the long-term trend for Granite Construction's materials sales — receivables?
Over 4 years (2021 to 2025), Granite Construction's materials sales — receivables has grown at a 15.2% compound annual growth rate (CAGR), from $223.37M to $393.22M.
What does materials sales — receivables mean?
This metric represents the outstanding accounts receivable balance specifically attributable to the sale of construction materials, such as aggregates, asphalt, or concrete. It reflects the credit extended to customers for material-only transactions and serves as a key indicator of the liquidity and collection efficiency within the materials supply segment. Monitoring this balance helps assess the credit risk associated with material-only clients and the timing of cash inflows from non-contractual product sales.