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Granite Construction GVA Other — Receivables

Other product segments

Contracts completed and in progress:
$482.71M+42.5%
Materials sales
$84.53M+84.2%

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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$5.32B+30.4%
Enterprise value$6.45B+40.1%
P/E28.8×+3.0×
P/S1.2×+0.1×

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 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
(in thousands)March 31, 2026December 31, 2025
Billed$296,246$297,157
Unbilled186,466174,434
Total contracts completed and in progress482,712471,591
Materials sales84,53189,945
Other70,84670,484
Total gross receivables638,089632,020
Less: allowance for credit losses1,5761,628
Total net receivables$636,513$630,392

Item 1. Financial Statements (unaudited)

FAQ

What is Granite Construction's other — receivables?
Granite Construction (GVA) reported other — receivables of $70.85M in Q1 2026.
How has Granite Construction's other — receivables changed year-over-year?
Granite Construction's other — receivables decreased by 19.0% year-over-year, from $87.47M to $70.85M.
What is the long-term trend for Granite Construction's other — receivables?
Over 4 years (2021 to 2025), Granite Construction's other — receivables has grown at a -4.4% compound annual growth rate (CAGR), from $385.04M to $321.56M.
What does other — receivables mean?
This metric represents the outstanding balance of accounts receivable specifically attributed to business activities outside of the company's core heavy civil infrastructure and site preparation segments. It captures payments due from clients for miscellaneous services, ancillary products, or non-core project work. Monitoring this balance helps assess the credit risk and collection efficiency associated with the company's secondary revenue streams.

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