Granite Construction Incorporated (GVA) quarterly cash flow statement — complete operating, investing & financing history
Granite Construction Incorporated (GVA) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 30.87M | -30.87M | 179.3M | 284.17M | 1.79M | 3.65M | 172.79M | 261.46M | -1.99M | 24.07M | 149.51M | 153.15M | -42.26M | -76.69M | 70.28M | 88.65M | -53.1M | -50.18M | -37.99M | 90.93M |
| Operating CF Margin % | 2.12% | -3.38% | 15.39% | 19.82% | 0.16% | 0.52% | 17.68% | 20.5% | -0.18% | 3.58% | 16.01% | 13.71% | -4.7% | -13.69% | 8.93% | 8.79% | -6.25% | -7.67% | -12.11% | 8.56% |
| Operating CF Growth % | 1623.73% | -946.5% | 3.77% | 8.69% | 190.05% | -84.85% | 15.57% | 70.73% | 95.29% | 131.39% | 112.74% | 72.76% | 20.41% | -52.83% | 284.99% | -2.51% | 23.15% | -231.75% | -129.27% | -27.94% |
| Net Income | 36.39M | -36.39M | 52.03M | 109.4M | 80.34M | -33.66M | 41.48M | 78.95M | 38.86M | -29.44M | 26M | 57.5M | -23.85M | -25.77M | 2.82M | 65.2M | 16.57M | -9.82M | -20.43M | 32.42M |
| Depreciation & Amortization | -42.01M | 42.01M | 48.82M | 48.25M | 35.2M | 30.17M | 0 | 33.81M | 29.4M | 29.07M | 27.14M | 23.77M | 21.8M | 0 | 20.86M | 29.39M | 15.59M | 16.74M | 11.28M | 28.16M |
| Stock-Based Compensation | -41.19M | 41.19M | 2.31M | 2.21M | 2.42M | 32.22M | 2.27M | 2.24M | 2.19M | 12.89M | 1.85M | 1.93M | 1.87M | 4.83M | 1.61M | 1.77M | 1.76M | 2.61M | 1.23M | 1.54M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 13.65M | 0 | 0 | 0 | 25.01M | 1.54M | 0 | 0 | 23.27M | -20.36M | 2.55M | 2.54M | 13.06M | 0 |
| Other Non-Cash Items | -11.61M | 11.61M | -75.21M | -2.13M | -9.16M | 2.5M | 41.36M | 1.47M | 33.28M | -1.7M | -7.5M | -12.07M | 38.05M | 11.05M | 33.61M | -2.71M | -16.2M | -16.73M | 1.75M | -14.05M |
| Working Capital Changes | 89.29M | -89.29M | 151.36M | 126.45M | -107M | -27.58M | 74.03M | 144.99M | -105.72M | 13.25M | 77M | 80.48M | -80.13M | -66.79M | -11.89M | 15.36M | -73.36M | -45.52M | -44.87M | 42.86M |
| Change in Receivables | 23.1M | -23.1M | 149.59M | 2.71M | -227.56M | 75.26M | 218.54M | 10.7M | -244.9M | 107.08M | 199.54M | -60.01M | -225.43M | 7.49M | 153.86M | -44.94M | -155.07M | 85.96M | 69.75M | -84.53M |
| Change in Inventory | 25.66M | -25.66M | 4.66M | 13.66M | 1.94M | -20.26M | -1.5M | 13.8M | -2.11M | -13.07M | 1.99M | 18K | 7.64M | -11.08M | -5.51M | 9.82M | -4.81M | -13.8M | -4.18M | 11.01M |
| Change in Payables | -788K | 788K | 0 | 50.33M | 69.77M | -33.85M | -104.06M | 53.8M | 110.71M | -60.03M | -77.89M | 93.17M | 94.51M | -42.95M | -70.75M | 42.99M | 62.01M | -44.03M | -39.83M | 21.17M |
| Cash from Investing | -136.93M | 22.5M | -45.93M | -740.54M | -50.95M | -156.31M | -17.45M | -157.49M | -32.36M | -10.76M | -270.02M | -24.89M | -35.24M | -24.34M | -24.87M | -16.44M | -59.08M | 89.4M | -4.1M | -19.04M |
| Capital Expenditures | 26.14M | -26.14M | -50.54M | -26.71M | -28.82M | -32.21M | -28.24M | -41.31M | -38.99M | -27.87M | -31.42M | -29.27M | -39.23M | -40.46M | -23.86M | -24.54M | -41.95M | -31.27M | -21.85M | -26.53M |
| CapEx % of Revenue | 1.8% | 2.86% | 4.34% | 1.86% | 2.56% | 4.6% | 2.89% | 3.24% | 3.6% | 4.15% | 3.37% | 2.62% | 4.37% | 7.22% | 3.03% | 2.43% | 4.94% | 4.78% | 6.96% | 2.5% |
| Acquisitions | 0 | 0 | -74.49M | -703.03M | 0 | 0 | -159K | -121.71M | 1.63M | -5.43M | -235.69M | 0 | -16.09M | 0 | -2M | 0 | -33.56M | 142.57M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -124.07M | 9.64M | 24.29M | 2.18M | 5.3M | 3.45M | 8.45M | -967K | 0 | 2.54M | -2.91M | 4.12M | 73K | 6.13M | 5.27M | 2.94M | 46.46M | 140.6M | 17.75M | 7.49M |
| Cash from Financing | 575.92M | -255.13M | -45.96M | 576.15M | -7.9M | -46.59M | -39.3M | -8.44M | 79.34M | -109.22M | 246.05M | -50.58M | 92.2M | 6.78M | -6.5M | -759K | -74.15M | -82.9M | -9.82M | -1.02M |
| Debt Issued (Net) | 0 | -288.8M | -282K | 599.72M | -278K | -274K | -272K | -817K | 156.43M | -102.14M | 248.89M | -55.26M | 169.61M | -256K | -253K | -251K | -11.6M | -63.06M | -2.13M | -2.12M |
| Equity Issued (Net) | 0 | -18.44M | -26.61M | -6.28M | -108K | -15.21M | -29.25M | -240K | -13.73M | -7.42M | -224K | -134K | -243K | -3.52M | -174K | -350K | -50.16M | -20.21M | -127K | -106K |
| Dividends Paid | -5.66M | -5.66M | -5.69M | -5.69M | -5.69M | -5.65M | -5.68M | -5.68M | -5.74M | -5.71M | -5.71M | -5.71M | -5.7M | -5.69M | -5.68M | -5.73M | -5.9M | -5.96M | -5.96M | -5.96M |
| Share Repurchases | 18.44M | -18.44M | -26.61M | -6.28M | -108K | -15.21M | -29.25M | -240K | -13.73M | -7.42M | -224K | -134K | -243K | -3.52M | -174K | -350K | -50.16M | -20.21M | -127K | -106K |
| Other Financing | 581.57M | 57.76M | -13.38M | -11.6M | -1.83M | -25.46M | -4.1M | -1.7M | -57.62M | 6.05M | 3.09M | 10.53M | -71.47M | 16.25M | -386K | 5.57M | -6.49M | 6.33M | -1.61M | 7.16M |
| Net Change in Cash | 0 | -263.51M | 87.42M | 119.79M | -57.06M | -199.26M | 116.04M | 95.54M | 44.99M | -95.91M | 125.54M | 77.68M | 14.7M | -94.24M | 38.91M | 71.44M | -186.33M | -43.69M | -51.91M | 70.87M |
| Free Cash Flow | 57.01M | -57.01M | 128.76M | 257.47M | -27.02M | -28.56M | 144.56M | 220.16M | -40.98M | -3.8M | 118.09M | 123.87M | -81.49M | -117.15M | 46.42M | 64.11M | -95.05M | -81.45M | -59.84M | 64.4M |
| FCF Margin % | 3.92% | -6.25% | 11.05% | 17.96% | -2.4% | -4.08% | 14.79% | 17.26% | -3.79% | -0.56% | 12.65% | 11.09% | -9.07% | -20.92% | 5.9% | 6.35% | -11.19% | -12.46% | -19.07% | 6.06% |
| FCF Growth % | 310.96% | -99.63% | -10.92% | 16.95% | 34.05% | -651.95% | 22.41% | 77.73% | 49.71% | 96.76% | 154.4% | 93.22% | 14.26% | -43.83% | 177.58% | -0.45% | 1.76% | -521.8% | -153.69% | -37.79% |
| FCF per Share | 1.31 | -1.31 | 2.41 | 4.86 | -0.51 | -0.66 | 2.73 | 4.20 | -0.78 | -0.09 | 2.20 | 2.31 | -1.86 | -2.68 | 0.90 | 1.24 | -2.13 | -1.78 | -1.25 | 1.34 |
| FCF Conversion (FCF/Net Income) | -0.11x | 0.74x | 3.45x | 2.76x | 0.02x | -0.11x | 4.17x | 3.31x | -0.05x | -0.78x | 5.75x | 2.66x | 2.49x | 3.33x | 12.34x | 1.28x | -2.84x | 1.88x | 2.88x | 2.59x |
| Interest Paid | 0 | 14.98M | 22.7M | 187K | 13.15M | 79K | 13.39M | 242K | 8.35M | 4.1M | 9.17M | 942K | 4.52M | 1.01M | 4.11M | 611K | 4.7M | 2.09M | 5.38M | 1.14M |
| Taxes Paid | 0 | 26K | 0 | 18.22M | 8.49M | 23K | -9.76M | 6.82M | 2.11M | 831K | 8.06M | 2.47M | 4.68M | 166K | 1.99M | 227K | 1.55M | 2K | 197K | 52K |