STERLING INFRASTRUCTURE, INC. STRL

Industrials SIC 1600 - Heavy Construction Other Than Bldg Const - Contractors Nasdaq

Sterling Infrastructure, Inc. ("Sterling" or "the Company") operates through a variety of subsidiaries within three segments specializing in E-Infrastructure, Transportation and Building Solutions in the United States, primarily across the Southern, Northeastern, Mid-Atlantic and Rocky Mountain regions and the Pacific Islands. E-Infrastructure Solutions provides advanced, large-scale site development services and mission-critical electrical services for data centers, semiconductor fabrication, manufacturing, distribution centers, warehousing, power generation and more. Transportation Solutions includes infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, rail and storm drainage systems. Building Solutions includes residential and commercial concrete foundations for single-family and multi-family homes, parking structures, elevated slabs, other concrete work, plumbing services, and surveys for new single-family residential builds. From strategy to operations, we are committed to sustainability by operating responsibly to safeguard and improve society's quality of life. Caring for our people and our communities, our customers and our investors – that is The Sterling Way.

Last close 486.49 2026-09-04
Market cap $14.88B 2026-06-30 share count
52-week range 280.81 - 1,005.68

Valuation FY2025 figures against the last close

P/S6.0x
P/E51.9x
P/FCF41.0x
EV/EBITDA30.6x
Dividend yield
Diluted EPS9.38

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $2.49B$2.12B$1.97B$1.77B$1.41B$1.23B$1.13B$1.04B$958.0M$690.1M
Cost of revenue $1.92B$1.69B$1.63B$1.49B$1.21B$1.05B$1.02B$927.3M$868.9M$648.1M
Gross profit $572.3M$426.1M$337.6M$274.6M$203.5M$179.6M$107.8M$110.3M$89.1M$42.1M
SG&A $154.8M$118.4M$98.7M$86.5M$69.2M$64.3M$49.2M$48.2M$46.6M$36.8M
Operating income $405.9M$264.6M$205.8M$159.9M$107.0M$92.6M$37.8M$42.6M$26.2M-$4.7M
Pre-tax income $388.9M$344.8M$186.4M$148.2M$87.5M$61.7M$66.9M$31.3M$15.9M-$7.3M
Income tax $98.8M$87.4M$47.8M$41.7M$24.9M$19.4M$26.2M$1.7M$118.0K$88.0K
Net income $290.2M$257.5M$138.7M$106.5M$62.6M$42.3M$40.7M$29.5M$15.8M-$7.4M
EPS, basic 9.508.354.513.532.191.521.500.940.44-0.40
EPS, diluted 9.388.274.443.482.151.501.470.930.43-0.40
Shares, diluted (wtd. avg.) $30.9M$31.1M$31.2M$30.6M$29.1M$28.2M$27.1M$27.2M$26.7M$23.1M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $390.7M$664.2M$471.6M$185.3M$88.7M$72.6M$50.6M$98.0M$84.0M$42.8M
Inventory $3.2M$4.6M$3.7M
Total current assets $1.03B$1.02B$848.0M$597.3M$434.7M$361.5M$330.3M$302.6M$278.5M$175.9M
Property, plant and equipment $116.0M$52.0M$54.4M$68.1M
Goodwill $585.2M$264.6M$281.1M$262.7M$258.3M$192.0M$191.9M$85.2M$85.2M$54.8M
Other intangibles $554.7M$316.4M$328.4M$299.1M$303.2M$244.9M$256.3M$42.4M$44.8M$0
Total assets $2.63B$2.02B$1.78B$1.44B$1.23B$952.7M$934.7M$482.6M$463.3M$301.8M
Accounts payable $226.8M$130.4M$146.0M$121.9M$112.7M$95.2M$137.6M$99.4M$97.5M$67.1M
Short-term debt $15.1M$26.4M$26.5M$32.6M$23.4M$77.4M$42.5M$2.9M$4.0M$3.8M
Total current liabilities $1.02B$742.0M$678.2M$446.6M$351.8M$321.9M$266.3M$179.2M$182.3M$146.6M
Long-term debt $275.9M$289.9M$315.0M$398.7M$428.5M$291.2M$390.6M$79.1M$86.2M$1.5M
Total liabilities $1.53B$1.19B$1.15B$963.8M$874.5M$684.0M$713.5M$310.3M
Retained earnings $872.6M$582.5M$325.0M$186.4M$79.9M$17.3M-$25.0M-$64.9M-$90.1M-$101.7M
Total equity $1.11B$808.1M$623.9M$477.8M$360.2M$268.7M$221.2M$172.3M$146.2M$108.1M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $440.0M$497.1M$478.6M$219.1M$158.9M$122.9M$42.1M$39.5M$24.8M$44.3M
Depreciation and amortisation $77.1M$68.4M$57.4M$52.1M$34.2M$32.8M$20.7M$16.8M$17.0M$15.7M
Stock-based compensation $24.2M$19.0M$14.6M$12.7M$11.8M$11.6M$3.8M$3.1M$2.8M$1.8M
Capital expenditure $77.3M$81.0M$64.4M$60.9M$46.7M$32.9M$15.4M$13.2M$9.4M$10.9M
Investing cash flow -$551.9M-$185.8M-$87.8M-$89.8M-$223.4M-$30.5M-$410.4M-$11.4M-$55.9M-$8.2M
Financing cash flow -$161.5M-$118.6M-$104.5M-$32.8M$80.6M-$70.3M$320.9M-$17.9M$72.3M$2.3M
Buybacks $74.2M$70.6M$0$0$0$0$3.2M$4.7M$0$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000874238-26-000024.

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