Granite Construction (GVA) Long-Term Deferred Tax (2010 - 2024)
Granite Construction (GVA) posted quarterly Long-Term Deferred Tax of $5.0 million for Q3 2024, down 82.82% YoY from $29.0 million in Q4 2023, and down 75.04% sequentially from $20.0 million in Q2 2024.
Granite Construction (GVA) Long-Term Deferred Tax (2010 - 2024) Analysis & Trends
Granite Construction has disclosed Long-Term Deferred Tax across 14 years of filings, most recently posting $5.0 million for 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 eased to $5.0 million in Q3 2024, from $20.0 million in the prior quarter.
- Over the last five years, Long-Term Deferred Tax for GVA reached as high as $51.7 million in Q1 2020 and fell as low as $5.0 million in Q3 2024.
- The 5-year median for Long-Term Deferred Tax is $29.0 million (2023), against an average of $29.8 million.
- Annual changes were most pronounced in 2020 — Long-Term Deferred Tax jumped 69.49% — and 2024, when it slumped 82.82%.
- A 5-year view of Long-Term Deferred Tax shows it stood at $43.1 million in 2020, then sank by 44.0% to $24.1 million in 2021, then retreated by 8.01% to $22.2 million in 2022, then tumbled by 63.17% to $8.2 million in 2023, then tumbled by 38.99% to $5.0 million in 2024.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $5.0 million, $20.0 million, and $8.1 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn |
| 10 | Granite Construction | 6.53 Bn | 6.27 Bn | 109.91 Mn |
Historic Data
Download 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 |