Granite Construction Incorporated (GVA)

Solvency & Capital Structure

Total Debt

$1.70B

Net Debt

$782.4M

Granite Construction Incorporated currently has $1.70B in total debt. Net debt is $782.4M after cash offsets.

Financial Fundamentals

GVA • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-06-30	1.70	0.91	0.78	4.78	35.5%
2026-03-31	1.40	0.31	1.08	3.78	36.9%
2025-12-31	1.50	0.73	0.76	4.03	37.2%
2025-09-30	1.50	0.70	0.79	4.15	36.1%
2025-06-30	0.84	0.54	0.31	3.11	27.2%
2025-03-31	0.84	0.57	0.26	2.91	28.8%
2024-12-31	0.83	0.73	0.11	3.03	27.5%
2024-09-30	0.83	0.62	0.21	3.13	26.5%
2024-06-30	0.82	0.53	0.29	2.88	28.5%
2024-03-31	0.63	0.51	0.13	2.60	24.5%
2023-12-31	0.74	0.62	0.11	2.81	26.1%
2023-09-30	0.46	0.53	-0.07Net Cash	2.58	18.0%
2023-06-30	0.52	0.43	0.09	2.38	21.7%
2023-03-31	0.33	0.42	-0.09Net Cash	2.08	16.1%
2022-12-31	0.34	0.52	-0.18Net Cash	2.17	15.6%
2022-09-30	0.32	0.48	-0.16Net Cash	2.41	13.3%
2022-06-30	0.32	0.41	-0.09Net Cash	2.29	13.9%
2022-03-31	0.33	0.57	-0.24Net Cash	2.28	14.5%
2021-12-31	0.37	0.59	-0.21Net Cash	2.49	14.9%
2021-09-30	0.38	0.66	-0.28Net Cash	2.56	14.8%
2021-06-30	0.38	0.59	-0.21Net Cash	2.48	15.4%
2021-03-31	0.38	0.64	-0.26Net Cash	2.37	16.1%
2020-12-31	0.38	0.61	-0.24Net Cash	2.38	15.9%
2020-09-30	0.47	0.57	-0.11Net Cash	2.49	18.7%
2020-06-30	0.47	0.47	-0.00Net Cash	2.51	18.7%
2020-03-31	0.42	0.44	-0.02Net Cash	2.38	17.7%
2019-12-31	0.42	0.48	-0.06Net Cash	2.50	16.9%
2019-09-30	0.46	0.43	0.03	2.63	17.5%
2019-06-30	0.48	0.43	0.05	2.56	18.6%
2019-03-31	0.44	0.54	-0.10Net Cash	2.44	18.1%
2018-12-31	0.38	0.53	-0.15Net Cash	2.48	15.4%
2018-09-30	0.43	0.27	0.17	2.64	16.4%
2018-06-30	0.49	0.22	0.27	2.56	19.1%
2018-03-31	0.22	0.23	-0.01Net Cash	1.76	12.7%
2017-12-31	0.22	0.30	-0.08Net Cash	1.87	12.0%
2017-09-30	0.24	0.23	0.01	1.95	12.4%
2017-06-30	0.24	0.23	0.02	1.80	13.4%
2017-03-31	0.24	0.24	0.01	1.68	14.5%
2016-12-31	0.24	0.25	-0.01Net Cash	1.73	14.1%
2016-09-30	0.26	0.21	0.05	1.79	14.3%
2016-06-30	0.26	0.44	-0.18Net Cash	1.69	15.2%
2016-03-31	0.26	0.48	-0.22Net Cash	1.61	16.0%
2015-12-31	0.26	0.50	-0.24Net Cash	1.63	16.0%
2015-09-30	0.28	0.46	-0.18Net Cash	1.72	16.1%
2015-06-30	0.28	0.41	-0.14Net Cash	1.62	17.1%
2015-03-31	0.28	0.46	-0.18Net Cash	1.58	17.5%
2014-12-31	0.28	0.47	-0.19Net Cash	1.62	17.1%
2014-09-30	0.28	0.38	-0.10Net Cash	1.68	16.5%
2014-06-30	0.28	0.36	-0.08Net Cash	1.65	16.8%
2014-03-31	0.28	0.41	-0.14Net Cash	1.56	17.8%
2013-12-31	0.28	0.44	-0.16Net Cash	1.62	17.2%
2013-09-30	0.28	0.40	-0.12Net Cash	1.73	16.2%
2013-06-30	0.28	0.42	-0.14Net Cash	1.70	16.4%
2013-03-31	0.29	0.48	-0.19Net Cash	1.68	17.3%
2012-12-31	0.29	0.48	-0.19Net Cash	1.73	16.8%
2012-09-30	0.23	0.43	-0.20Net Cash	1.60	14.4%
2012-06-30	0.23	0.39	-0.16Net Cash	1.51	15.3%
2012-03-31	0.24	0.39	-0.15Net Cash	1.47	16.2%
2011-12-31	0.25	0.43	-0.18Net Cash	1.55	16.2%
2011-09-30	0.26	0.37	-0.11Net Cash	1.62	16.1%
2011-06-30	0.26	0.27	-0.01Net Cash	1.55	16.9%
2011-03-31	0.27	0.32	-0.05Net Cash	1.46	18.7%
2010-12-31	0.28	0.36	-0.08Net Cash	1.54	18.3%
2010-09-30	0.28	0.42	-0.14Net Cash	1.75	16.0%
2010-06-30	0.28	0.28	-0.00Net Cash	1.66	17.0%
2010-03-31	0.29	0.30	-0.01Net Cash	1.60	18.2%
2009-12-31	0.30	0.38	-0.08Net Cash	1.71	17.8%
2009-09-30	0.30	0.40	-0.10Net Cash	1.84	16.4%
2009-06-30	0.30	0.38	-0.08Net Cash	1.73	17.2%
2009-03-31	0.29	0.41	-0.13Net Cash	1.65	17.3%
2008-12-31	0.29	0.50	-0.21Net Cash	1.74	16.7%
2008-09-30	0.28	0.38	-0.10Net Cash	1.82	15.4%
2008-06-30	0.28	0.37	-0.09Net Cash	1.77	15.9%
2008-03-31	0.29	0.35	-0.05Net Cash	1.66	17.6%
2007-12-31	0.30	0.43	-0.13Net Cash	1.79	16.6%
2007-09-30	0.17	0.37	-0.21Net Cash	1.81	9.2%
2007-06-30	0.17	0.34	-0.17Net Cash	1.76	9.9%
2007-03-31	0.10	0.30	-0.20Net Cash	1.55	6.5%
2006-12-31	0.11	0.35	-0.24Net Cash	1.63	6.6%
2006-09-30	0.12	0.34	-0.23Net Cash	1.75	6.7%
2006-06-30	0.14	0.38	-0.24Net Cash	1.66	8.2%
2006-03-31	0.14	0.28	-0.14Net Cash	1.45	9.7%
2005-12-31	0.15	0.27	-0.12Net Cash	1.47	10.3%
2005-09-30	0.15	0.24	-0.09Net Cash	1.53	9.8%
2005-06-30	0.15	0.18	-0.02Net Cash	1.35	11.4%
2005-03-31	0.16	0.19	-0.03Net Cash	1.23	12.9%
2004-12-31	0.16	0.26	-0.10Net Cash	1.28	12.9%
2004-09-30	0.14	0.23	-0.10Net Cash	1.28	10.6%
2004-06-30	0.14	0.18	-0.03Net Cash	1.19	11.9%
2004-03-31	0.13	0.18	-0.05Net Cash	1.08	12.5%
2003-12-31	0.13	0.16	-0.03Net Cash	1.06	12.7%
2003-09-30	0.14	0.17	-0.03Net Cash	1.09	12.6%
2003-06-30	0.14	0.14	0.00	1.04	13.6%
2003-03-31	0.14	0.15	-0.01Net Cash	0.95	14.6%
2002-12-31	0.14	0.15	-0.01Net Cash	0.98	14.3%
2002-09-30	0.14	0.14	0.01	1.06	13.7%
2002-06-30	0.15	0.14	0.01	0.99	14.9%
2002-03-31	0.13	0.16	-0.03Net Cash	0.85	15.6%
2001-12-31	0.14	0.19	-0.05Net Cash	0.93	15.0%
2001-09-30	0.16	0.17	-0.01Net Cash	0.98	16.1%
2001-06-30	0.14	0.13	0.01	0.84	16.6%
2001-03-31	0.06	0.07	-0.01Net Cash	0.67	9.7%
2000-12-31	0.07	0.10	-0.04Net Cash	0.71	9.1%
2000-09-30	0.07	0.09	-0.03Net Cash	0.75	8.7%
2000-06-30	0.07	0.06	0.00	0.66	9.8%
2000-03-31	0.07	0.08	-0.01Net Cash	0.63	11.3%
1999-12-31	0.07	0.11	-0.04Net Cash	0.68	10.4%
1999-09-30	0.08	0.07	0.00	0.68	11.1%
1999-06-30	0.08	0.03	0.05	0.62	12.3%
1999-03-31	0.08	0.03	0.05	0.57	14.3%
1998-12-31	0.08	0.12	-0.04Net Cash	0.63	12.8%
1998-09-30	0.09	0.06	0.03	0.67	12.8%
1998-06-30	0.09	0.03	0.06	0.58	14.7%
1998-03-31	0.09	0.03	0.06	0.53	17.1%
1997-12-31	0.07	0.05	0.02	0.55	12.9%
1997-09-30	0.08	0.04	0.04	0.56	14.4%
1997-06-30	0.08	0.03	0.05	0.53	15.5%
1997-03-31	0.05	0.01	0.05	0.45	11.9%
1996-12-31	0.05	0.04	0.02	0.47	11.4%
1996-09-30	0.05	0.04	0.01	0.52	9.9%