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Granite Construction GVA Materials — Selling, general and administrative expenses

Other segment segments

Construction
$72.18M+15.8%

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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:SellingGeneralAndAdministrativeExpense.

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
Revenue766,054146,411912,465
Cost of revenue663,874138,686802,560
Gross profit102,1807,725109,905
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

Item 1. Financial Statements (unaudited)

FAQ

What is Granite Construction's materials — selling, general and administrative expenses?
Granite Construction (GVA) reported materials — selling, general and administrative expenses of $11.91M in Q1 2026.
How has Granite Construction's materials — selling, general and administrative expenses changed year-over-year?
Granite Construction's materials — selling, general and administrative expenses increased by 39.4% year-over-year, from $8.55M to $11.91M.
What is the long-term trend for Granite Construction's materials — selling, general and administrative expenses?
Over 3 years (2022 to 2025), Granite Construction's materials — selling, general and administrative expenses has grown at a 60.5% compound annual growth rate (CAGR), from $10.13M to $41.89M.
What does materials — selling, general and administrative expenses mean?
Represents the indirect costs required to support the Materials segment, including sales commissions, marketing, and administrative staff salaries. It reflects the operational overhead necessary to manage the segment's commercial activities and business support functions.

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