Granite Construction (GVA) Long-Term Deferred Tax (2010 - 2024)

Granite Construction (GVA) has reported Long-Term Deferred Tax for 14 consecutive years, with $5.0 million the latest figure, recorded in Q3 2024.

• In Q3 2024, Long-Term Deferred Tax fell 82.82% year-over-year to $5.0 million; the TTM figure through Sep 2024 stood at $5.0 million (down 82.82% YoY), while the FY2023 annual figure was $8.2 million, down 63.17% from the prior year.
• Long-Term Deferred Tax declined to $5.0 million in Q3 2024 per GVA's latest filing, from $20.0 million in the prior quarter.
• Across five years, Long-Term Deferred Tax topped out at $51.7 million in Q1 2020 and bottomed at $5.0 million in Q3 2024.
• Historically, Long-Term Deferred Tax has averaged $29.8 million across 5 years, with a median of $29.0 million in 2023.
• Annual changes were most pronounced in 2020 — Long-Term Deferred Tax jumped 69.49% — and 2024, when it plunged 82.82%.
• Granite Construction's Long-Term Deferred Tax stood at $43.1 million in 2020, then plunged by 44.0% to $24.1 million in 2021, then decreased by 8.01% to $22.2 million in 2022, then slumped by 63.17% to $8.2 million in 2023, then slumped by 38.99% to $5.0 million in 2024.
• Business Quant data shows GVA's Long-Term Deferred Tax at $5.0 million in Q3 2024, $20.0 million in Q2 2024, and $8.1 million in Q1 2024.