Financial Statements

Granite Construction Incorporated (GVA)


-0.26 (-0.81%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 425594787784-
Net Income 10-145544269
Stock Dividends -0-1-222-16735
Dividend Paid -24-24-24-22-21
Retained Earnings 411425594787784

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 589542550407-
Annual Depreciation -1214099253475
Capital Expenditure -95-93-107-111-68
Net PPE 483589542550407

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -54259264117
New Purchases -125-10--10-10
Intangible and Goodwill 5425926411754

Granite Construction Incorporated income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Granite Construction Incorporated FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.