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
DateValue
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