Granite Construction (GVA) Long-Term Deferred Tax (2014 - 2024)
Granite Construction's Long-Term Deferred Tax came in at $4.99 million for Q3 2024, down 82.8% from $29.04 million a year earlier and down 75.0% from the prior quarter.
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Analysis
Granite Construction (GVA) Long-Term Deferred Tax (2014 - 2024) Analysis & Trends
At the end of FY2023, Granite Construction's Long-Term Deferred Tax was $8.18 million, down 63.2% from FY2022.
- Long-Term Deferred Tax has declined in each of the last four years, with a five-year compound annual growth rate of -23.0% (FY2018 to FY2023).
- Going back by year, Long-Term Deferred Tax was $22.21 million in FY2022 (-8.0%), $24.14 million in FY2021 (-44.0%), $43.11 million in FY2020 (-14.0%) and $50.16 million in FY2019 (+66.4%).
- The Q3 2024 figure represents the lowest quarterly Long-Term Deferred Tax since Q4 2015.
- Year-over-year, Long-Term Deferred Tax has declined for five consecutive quarters, with an average decline of 35.2% over the last eight quarters.
- The fastest year-over-year change in Long-Term Deferred Tax over five years came in Q1 2020 (growth of 69.5%), and the weakest in Q3 2024 (a decline of 82.8%).
- Business Quant data shows GVA's Long-Term Deferred Tax at $19.99 million (Q2 2024), $8.11 million (Q1 2024) and $8.18 million (Q4 2023) in the three quarters before Q3 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Quanta Services | 92.93 Bn | 92.93 Bn | 2.01 Bn |
| 2 | Ferrovial | 39.80 Bn | 18.04 Bn | - |
| 3 | Emcor | 30.06 Bn | 30.06 Bn | 1.11 Bn |
| 4 | Jacobs Solutions | 18.15 Bn | 12.82 Bn | 810.70 Mn |
| 5 | Mastec | 14.58 Bn | 13.12 Bn | 660.86 Mn |
| 6 | Sterling Infrastructure | 10.57 Bn | 10.57 Bn | 377.28 Mn |
| 7 | Stantec | 8.24 Bn | 7.17 Bn | 1.36 Bn |
| 8 | IES Holdings | 8.15 Bn | 7.00 Bn | 340.66 Mn |
| 9 | Aecom | 8.12 Bn | 3.24 Bn | -34.04 Mn |
| 10 | Granite Construction | 5.43 Bn | 3.09 Bn | 335.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 4.99 Mn |
| Jun 30, 2024 | 19.99 Mn |
| Mar 31, 2024 | 8.11 Mn |
| Dec 31, 2023 | 8.18 Mn |
| Sep 30, 2023 | 29.04 Mn |
| Jun 30, 2023 | 31.30 Mn |
| Mar 31, 2023 | 22.08 Mn |
| Dec 31, 2022 | 22.21 Mn |
| Sep 30, 2022 | 45.65 Mn |
| Jun 30, 2022 | 25.46 Mn |
| Mar 31, 2022 | 25.88 Mn |
| Dec 31, 2021 | 24.14 Mn |
| Sep 30, 2021 | 41.23 Mn |
| Jun 30, 2021 | 42.23 Mn |
| Mar 31, 2021 | 40.31 Mn |
| Dec 31, 2020 | 43.11 Mn |
| Sep 30, 2020 | 39.44 Mn |
| Jun 30, 2020 | 40.93 Mn |
| Mar 31, 2020 | 51.68 Mn |
| Dec 31, 2019 | 50.16 Mn |
API Access
Granite Construction Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=GVA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "GVA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=GVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();