Granite Construction (GVA) Long-Term Deferred Tax (2010 - 2024)
Granite Construction's (GVA) quarterly Long-Term Deferred Tax came in at $5.0 million in Q3 2024, down 82.82% year-over-year from $29.0 million in Q4 2023, and down 75.04% quarter-over-quarter from $20.0 million in Q2 2024.
Analysis
Granite Construction (GVA) Long-Term Deferred Tax (2010 - 2024) Analysis & Trends
Granite Construction (GVA) has reported Long-Term Deferred Tax for 14 consecutive years, with $5.0 million the latest figure, recorded in Q3 2024.
- On a quarterly basis, Long-Term Deferred Tax fell 82.82% year-over-year to $5.0 million in Q3 2024; TTM through Sep 2024 was $5.0 million, a 82.82% decrease from a year earlier, with the FY2023 full-year figure at $8.2 million, down 63.17% from the prior year.
- Long-Term Deferred Tax was $5.0 million for Q3 2024 at Granite Construction, down from $20.0 million in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $51.7 million in Q1 2020 and troughed at $5.0 million in Q3 2024.
- A 5-year average of $29.8 million and a median of $29.0 million in 2023 frame the typical range for Long-Term Deferred Tax.
- Across the five-year window, Long-Term Deferred Tax soared 69.49% in 2020 and sank 82.82% in 2024, its largest moves.
- Over 5 years, Long-Term Deferred Tax stood at $43.1 million in 2020, then plunged by 44.0% to $24.1 million in 2021, then fell 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.
- The last three Long-Term Deferred Tax figures came in at $5.0 million (Q3 2024), $20.0 million (Q2 2024), and $8.1 million (Q1 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ferrovial | 40.46 Bn | 37.11 Bn | - |
| 2 | Emcor | 34.53 Bn | 33.61 Bn | 1.02 Bn |
| 3 | Jacobs Solutions | 16.62 Bn | 15.43 Bn | 810.70 Mn |
| 4 | Sterling Infrastructure | 15.68 Bn | 15.25 Bn | 289.96 Mn |
| 5 | Aecom | 8.18 Bn | 7.37 Bn | -34.04 Mn |
| 6 | Stantec | 7.95 Bn | 7.95 Bn | 1.36 Bn |
| 7 | Fluor | 7.35 Bn | 4.40 Bn | 179.00 Mn |
| 8 | Argan | 5.81 Bn | 5.26 Bn | 74.22 Mn |
| 9 | Installed Building Products | 5.43 Bn | 5.03 Bn | 258.90 Mn |
| 10 | Granite Construction | 5.20 Bn | 4.34 Bn | 238.77 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 |