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Granite Construction GVA Equity In Construction Joint Ventures

Equity In Construction Joint Ventures at other companies

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-$877K-118%
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$254M+15.5%
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$89M-17.6%
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$26.54M-6.5%
Equity Residential logo
Equity ResidentialEQR
-$2.04M+68.1%

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 gva:EquityInConstructionJointVentures.

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 equity in construction joint ventures?
Granite Construction (GVA) reported equity in construction joint ventures of $0 in Q1 2026.
How has Granite Construction's equity in construction joint ventures changed year-over-year?
Granite Construction's equity in construction joint ventures decreased by 100.0% year-over-year, from $9.16M to $0.
What is the long-term trend for Granite Construction's equity in construction joint ventures?
Over 3 years (2021 to 2024), Granite Construction's equity in construction joint ventures has grown at a -50.0% compound annual growth rate (CAGR), from $61.78M to $7.72M.
What does equity in construction joint ventures mean?
Captures the non-cash adjustments related to the company's investment in unconsolidated construction joint ventures. This metric adjusts net income for the difference between the equity method earnings recognized and the actual cash distributions received from these entities. It provides insight into the underlying performance of joint venture operations versus the cash liquidity they provide.