Everus Construction Group, Inc.
For the period ended Sep 30, 2025. Filed Nov 5, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 5, 2025
ECG$85.73+1.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets - September and December 31,
Condensed Consolidated Balance Sheets
| September 30, 2025 | December 31, 2024 | |
|---|---|---|
| (In thousands, except share and per share amounts) | ||
| Assets | ||
| Current assets: | ||
| Cash, cash equivalents and restricted cash | $149,167 | $86,012 |
| Receivables, net of allowance for credit losses of $3,192 and $7,097, respectively | 743,735 | 590,028 |
| Contract assets | 250,477 | 167,049 |
| Inventories | 47,957 | 43,750 |
| Prepayments and other current assets | 24,055 | 30,390 |
| Total current assets | 1,215,391 | 917,229 |
| Noncurrent assets: | ||
| Property, plant and equipment, net of accumulated depreciation of $170,975 and $157,278, respectively | 151,968 | 134,409 |
| Goodwill | 143,224 | 143,224 |
| Operating lease right-of-use assets | 83,000 | 67,045 |
| Investments | 25,740 | 21,286 |
| Other noncurrent assets | 4,413 | 5,270 |
| Total noncurrent assets | 408,345 | 371,234 |
| Total assets | $1,623,736 | $1,288,463 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Current portion of long-term debt | $15,000 | $15,000 |
| Contract liabilities, net | 269,832 | 207,304 |
| Accounts payable | 213,055 | 138,097 |
| Taxes payable | 11,756 | 6,768 |
| Accrued compensation | 97,439 | 67,815 |
| Current portion of operating lease liabilities | 30,933 | 26,354 |
| Accrued payroll-related liabilities | 43,794 | 38,995 |
| Other accrued liabilities | 10,045 | 13,037 |
| Total current liabilities | 691,854 | 513,370 |
| Noncurrent liabilities: | ||
| Long-term debt, net of unamortized issuance costs | 270,074 | 280,648 |
| Deferred income taxes | 12,440 | 8,161 |
| Operating lease liabilities | 53,576 | 41,200 |
| Other noncurrent liabilities | 22,746 | 22,472 |
| Total noncurrent liabilities | 358,836 | 352,481 |
| Total liabilities | $1,050,690 | $865,851 |
| Commitments and contingent liabilities | ||
| Stockholders’ equity: | ||
| Preferred stock, 10,000,000 shares authorized, $0.01 par value, none issued and outstanding | $— | $— |
| Common stock, 300,000,000 shares authorized, $0.01 par value, 51,006,575 and 50,980,924 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively | 510 | 510 |
| Other paid-in capital | 142,072 | 138,130 |
| Retained earnings | 430,464 | 283,972 |
| Total stockholders’ equity | 573,046 | 422,612 |
| Total liabilities and stockholders’ equity | $1,623,736 | $1,288,463 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.