How did Granite Building's revenue and expenses shift in Q4 2024?

Granite Building's total revenue increased by 4.66% to $977.3 million in Q4 2024, while the cost of goods sold rose by 5.64% to $826.55 million, resulting in a slight decrease in gross margin by 0.98% to 14.29%. Despite this, net income remained stable at $47.05 million, indicating effective cost management and operational efficiency.

|code|Ticker|Name|Date|Cost of Goods Sold|Gross Profit|Total Revenue|Operating Expenses|market_code|
|---|---|---|---|---|---|---|---|---|
|GVA|GVA.N|Granite Construction|2024 Q1|6.1799E8|5.4285E7|6.72275E8||169|
|GVA|GVA.N|Granite Construction|2024 Q2|9.17775E8|1.64711E8|1.082486E9||169|
|GVA|GVA.N|Granite Construction|2024 Q3|1.072561E9|2.02949E8|1.27551E9||169|
|GVA|GVA.N|Granite Construction|2024 Q4|8.26551E8|1.50752E8|9.77303E8||169|

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|GVA|GVA.N|Granite Construction|2024 Q1|-14.240260748098713|-2.9442E7|169|
|GVA|GVA.N|Granite Construction|2024 Q2|262.9497609661998|3.8857E7|169|
|GVA|GVA.N|Granite Construction|2024 Q3|46.05711701683595|8.3977E7|169|
|GVA|GVA.N|Granite Construction|2024 Q4|116.73499470265789|4.7051E7|169|