GVA | Granite Construction Incorporated Stock Financials Income Statements Annual

(Stock Exchange: NYSE)

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Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31
Revenue	3.51B	3.30B	3.01B	3.56B	3.45B	3.32B	2.99B	2.51B	2.37B	2.28B	2.27B	2.08B	2.01B	1.76B	1.96B	2.67B	2.74B	2.97B	2.64B	2.14B	1.84B	1.76B	1.55B	1.35B	1.33B	1.23B	1.03B	928.80M	894.80M	693.40M
Cost of Revenue	3.11B	2.93B	2.70B	3.22B	3.22B	2.93B	2.67B	2.21B	2.07B	2.02B	2.08B	1.85B	1.76B	1.59B	1.62B	2.21B	2.33B	2.67B	2.32B	1.91B	1.62B	1.54B	1.36B	1.11B	1.11B	1.03B	878.30M	780.40M	750.30M	577.70M
Gross Profit	396.40M	369.49M	305.56M	344.79M	221.68M	389.19M	314.93M	301.37M	303.36M	250.31M	185.26M	234.76M	247.96M	177.78M	346.37M	468.72M	410.74M	295.72M	319.37M	222.02M	226.45M	224.58M	183.62M	241.14M	221.60M	191.20M	149.90M	148.40M	144.50M	115.70M
Operating Expenses	344.68M	296.73M	338.24M	353.32M	307.98M	272.78M	222.81M	219.30M	207.34M	203.82M	199.95M	185.10M	162.30M	177.84M	207.74M	252.03M	228.11M	207.08M	183.39M	138.47M	151.88M	146.47M	119.28M	155.57M	137.30M	121.90M	111.80M	109.40M	102.10M	88.50M
Selling, General & Admin	294.47M	272.61M	243.08M	353.32M	307.98M	272.78M	222.81M	219.30M	207.34M	203.82M	199.95M	185.10M	162.30M	191.59M	224.91M	257.53M	246.20M	204.28M	183.39M	157.03M	151.88M	146.47M	119.28M	105.04M	94.90M	83.80M	73.60M	71.60M	69.60M	62.80M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Operating Expenses	-50.22M	24.12M	95.16M	4.20M	5.31M	1.67M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-13.75M	-17.17M	-5.50M	-18.09M	2.80M	N/A	-18.57M	N/A	N/A	N/A	50.52M	42.40M	38.10M	38.20M	37.80M	32.50M	25.70M
Operating Income	51.72M	85.38M	-23.00M	7.55M	-62.11M	64.04M	98.72M	82.07M	96.02M	46.48M	-14.68M	49.66M	85.66M	-61.00K	138.63M	216.69M	182.64M	88.64M	135.98M	83.55M	74.57M	78.12M	64.33M	85.58M	84.30M	69.30M	38.10M	39.00M	42.40M	27.20M
Other Expenses / Income	8.14M	6.44M	13.50M	-174.01M	-14.97M	-43.77M	5.75M	14.29M	7.41M	9.11M	-49.35M	31.37M	3.77M	-106.31M	219.00K	16.74M	15.76M	24.38M	6.33M	11.37M	22.95M	4.62M	17.16M	7.29M	1.70M	5.70M	6.00M	4.40M	2.90M	3.30M
Before Tax Income	59.85M	91.82M	-9.50M	-166.46M	-77.08M	64.16M	104.46M	96.36M	103.43M	55.60M	-64.03M	81.03M	89.43M	-106.38M	138.85M	233.43M	198.39M	113.02M	142.31M	94.92M	97.53M	82.74M	81.50M	92.87M	86.00M	75.00M	44.10M	43.40M	45.30M	30.50M
Income Tax Expenses	30.27M	12.96M	-1.24M	-282.00K	-20.38M	10.41M	28.66M	30.16M	35.18M	19.72M	-19.26M	21.11M	23.35M	-43.93M	38.65M	67.69M	65.47M	38.68M	41.41M	28.48M	35.30M	29.95M	30.97M	37.05M	33.10M	28.50M	16.30M	16.10M	16.80M	11.00M
Net Income	43.60M	83.30M	-8.26M	-166.18M	-56.70M	42.41M	69.10M	57.12M	60.48M	25.35M	-36.42M	45.28M	51.16M	-58.98M	73.50M	122.40M	112.06M	80.51M	83.15M	57.01M	60.50M	49.28M	50.53M	55.81M	52.90M	46.50M	27.80M	27.30M	28.50M	19.50M
Interest Expenses	18.46M	12.62M	20.28M	24.20M	18.37M	14.57M	10.80M	12.37M	14.26M	14.16M	14.39M	10.60M	10.36M	9.74M	15.76M	16.00M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Basic Shares Outstanding	43.88M	44.48M	45.79M	45.61M	46.56M	43.56M	39.80M	39.56M	39.34M	39.10M	38.80M	38.45M	38.12M	37.82M	37.57M	37.61M	40.87M	40.87M	40.61M	40.39M	40.17M	40.02M	39.79M	39.58M	39.09M	39.84M	39.60M	40.78M	39.04M	39.00M
Diluted Shares Outstanding	52.56M	52.33M	47.60M	45.61M	46.56M	44.02M	40.37M	40.23M	39.87M	39.80M	38.80M	39.08M	38.47M	37.82M	37.68M	38.11M	41.39M	41.47M	41.25M	41.03M	40.81M	40.72M	40.71M	40.41M	40.44M	41.01M	40.41M	40.78M	39.58M	39.80M
EBITDA	143.99M	174.39M	86.06M	120.51M	61.31M	242.64M	108.56M	99.65M	109.92M	59.23M	-41.30M	77.00M	84.87M	-93.17M	127.91M	206.10M	259.69M	188.37M	196.32M	153.95M	167.45M	143.70M	136.49M	143.40M	128.40M	113.10M	82.30M	81.20M	77.80M	56.20M
EBITDA Margin	4.10%	5.28%	2.86%	3.38%	1.78%	7.31%	3.63%	3.96%	4.64%	2.60%	-1.82%	3.70%	4.22%	-5.28%	6.51%	7.71%	9.49%	6.34%	7.43%	7.21%	9.08%	8.14%	8.82%	10.64%	9.66%	9.22%	8.00%	8.74%	8.69%	8.10%
EBIT	92.33M	108.89M	10.79M	-142.26M	-58.70M	67.39M	108.56M	99.65M	109.92M	59.23M	-41.30M	77.00M	84.87M	-93.17M	127.91M	206.10M	177.53M	119.19M	124.56M	85.48M	95.81M	79.23M	81.50M	92.87M	86.00M	75.00M	44.10M	43.40M	45.30M	30.50M
EBIT Margin	2.63%	3.30%	0.36%	-3.99%	-1.70%	2.03%	3.63%	3.96%	4.64%	2.60%	-1.82%	3.70%	4.22%	-5.28%	6.51%	7.71%	6.48%	4.01%	4.72%	4.00%	5.19%	4.49%	5.26%	6.89%	6.47%	6.12%	4.29%	4.67%	5.06%	4.40%
Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31