---
schema_version: "secwatch.filing_event.v1"
accession: "0000861459-24-000043"
form_type: "8-K"
ticker: "GVA"
cik: "0000861459"
company_name: "GRANITE CONSTRUCTION INC"
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:51:26.454934+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Granite Q3 revenue up 14% to $1.3B; adjusted EPS $2.05 vs $1.72; guides adj. EBITDA margin 10-11%

## Summary
- Q3 net income of $79M ($1.57 diluted EPS); adjusted net income $91M ($2.05 adjusted EPS).
- Record Committed and Awarded Projects (CAP) of $5.6B, up $44M sequentially.
- Acquired Dickerson & Bowen, Inc. to expand southeast home market; bolt-on M&A strategy continues.
- Updated 2024 guidance: adjusted EBITDA margin narrowed to 10-11% (prior 9.5-11.5%); SG&A now 8.3-8.5% due to incentive comp.
- Year-to-date operating cash flow increased $249M YoY; revenue range unchanged $3.9-4.0B.

## SEC filing metadata
- accession: 0000861459-24-000043
- form_type: 8-K
- ticker: GVA
- cik: 0000861459
- company_name: GRANITE CONSTRUCTION INC
- filed_at: 2024-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/861459/000086145924000043/0000861459-24-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/861459/000086145924000043/gva-20241031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000861459-24-000043
- JSON: https://secwatch.observer/filing/0000861459-24-000043.json
- Plain text: https://secwatch.observer/filing/0000861459-24-000043.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.