Granite Construction (GVA) Deferred Taxes (2010 - 2024)

Granite Construction (GVA) has reported Deferred Taxes for 13 consecutive years, with $13.7 million the latest figure, recorded in Q4 2024.

• In Q4 2024, Deferred Taxes fell 45.41% year-over-year to $13.7 million; the TTM figure through Dec 2024 stood at $40.2 million (up 51.42% YoY), while the FY2025 annual figure was $23.8 million, up 74.3% from the prior year.
• Deferred Taxes retreated to $13.7 million in Q4 2024 per GVA's latest filing, from $25.0 million in the prior quarter.
• Across five years, Deferred Taxes topped out at $25.0 million in Q4 2023 and bottomed at -$20.4 million in Q3 2022.
• Historically, Deferred Taxes has averaged $10.2 million across 5 years, with a median of $13.7 million in 2024.
• Annual changes were most pronounced in 2020 — Deferred Taxes surged 137.65% — and 2024, when it plunged 45.41%.
• Granite Construction's Deferred Taxes stood at $7.8 million in 2020, then soared by 112.25% to $16.6 million in 2021, then jumped by 40.16% to $23.3 million in 2022, then grew by 7.51% to $25.0 million in 2023, then slumped by 45.41% to $13.7 million in 2024.
• Business Quant data shows GVA's Deferred Taxes at $13.7 million in Q4 2024, $25.0 million in Q4 2023, and $1.5 million in Q3 2023.