Sterling Infrastructure, Inc.(STRL)Earnings, Financials & Key Ratios

STRL•NASDAQ

$886.22

$27.19B mkt cap·94.5× P/E·Price updated May 6, 2026

SectorIndustrials IndustryEngineering & Construction Sub-IndustryCivil infrastructure construction

AboutSterling Infrastructure, Inc. engages in the transportation, e-infrastructure, and building solutions primarily in the Southern United States, the Northeastern and Mid-Atlantic United States, the Rocky Mountain states, California, and Hawaii. It undertakes infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, light rail, water, wastewater, and storm drainage systems for the departments of transportation in various states, regional transit authorities, airport authorities, port authorities, water authorities and railroads. The company also provides specialty site infrastructure improvement contracting services for blue-chip end users in the e-commerce, data center, distribution center and warehousing, and energy sectors. In addition, it undertakes residential and commercial concrete foundations for single-family and multi-family homes, parking structures, elevated slabs, and other concrete work for national home builders, regional and custom home builders, and developers and general contractors in commercial markets. The company was formerly known as Sterling Construction Company, Inc. and changed its name to Sterling Infrastructure, Inc. in June 2022. Sterling Infrastructure, Inc. was founded in 1955 and is headquartered in The Woodlands, Texas.Show more

Revenue$2.49B+17.7%
EBITDA$491M+47.5%
Net Income$290M+12.7%
EPS (Diluted)9.38+13.4%
Gross Margin22.09%+9.7%
EBITDA Margin19.73%+25.4%
Operating Margin16.64%+33.0%
Net Margin11.65%-4.2%
ROE30.02%-15.4%
ROIC38.9%+6.1%
Debt/Equity0.32-29.2%
Interest Coverage21.64+42.5%

Analysis→Technical→

STRL Key Insights

Sterling Infrastructure, Inc. (STRL) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Excellent 3Y average ROE of 30.2%
✓Strong 5Y profit CAGR of 47.0%
✓Momentum leader: RS Rating 90 (top 10%)
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 15.2%
✓Trading near 52-week high

✗Weaknesses

✗Expensive at 24.8x book value

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

STRL Price & Volume

Sterling Infrastructure, Inc. (STRL) stock price & volume — 10-year historical chart

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STRL Growth Metrics

Sterling Infrastructure, Inc. (STRL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years14.85%

5 Years15.21%

3 Years12.06%

TTM36.96%

Profit CAGR

10 Years-

5 Years46.98%

3 Years39.68%

TTM30.37%

EPS CAGR

10 Years-

5 Years44.29%

3 Years39.17%

TTM30.61%

Return on Capital

10 Years14.53%

5 Years19.95%

3 Years23.19%

Last Year28.53%

STRL Recent Earnings

Sterling Infrastructure, Inc. (STRL) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 12/12 qtrs (100%)●Beat Revenue 8/12 qtrs (67%)

Q2 2026Latest

May 4, 2026

EPS

$3.59

Est $2.29

+56.8%

Revenue

$826M

Est $604M

+36.8%

Q1 2026

Feb 25, 2026

EPS

$3.08

Est $2.62

+17.6%

Revenue

$756M

Est $640M

+18.0%

Q4 2025

Nov 3, 2025

EPS

$3.48

Est $2.79

+24.7%

Revenue

$689M

Est $638M

+8.0%

Q3 2025

Aug 4, 2025

EPS

$2.69

Est $2.26

+19.0%

Revenue

$614M

Est $612M

+0.4%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	May 4, 2026	$3.59vs $2.29+56.8%	$826Mvs $604M+36.8%
Q1 2026	Feb 25, 2026	$3.08vs $2.62+17.6%	$756Mvs $640M+18.0%
Q4 2025	Nov 3, 2025	$3.48vs $2.79+24.7%	$689Mvs $638M+8.0%
Q3 2025	Aug 4, 2025	$2.69vs $2.26+19.0%	$614Mvs $612M+0.4%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
PRIMPrimoris Services CorporationDirect Competitor	5.5B	101.37	20.19	18.97%	3.31%	15.21%	0.76
ROADConstruction Partners, Inc.Direct Competitor	7.47B	134.95	73.34	54.2%	3.99%	12.59%	1.85
MYRGMYR Group Inc.Direct Competitor	7.08B	454.78	60.40	8.79%	3.71%	22.14%	0.16
IESCIES Holdings, Inc.Direct Competitor	13.43B	673.84	44.86	16.89%	9.77%	39.87%	0.18
WLDNWilldan Group, Inc.Direct Competitor	1.12B	75.71	21.69	20.46%	7.71%	19.12%	0.23
GLDDGreat Lakes Dredge & Dock CorporationDirect Competitor	1.14B	17.00	15.74	16.47%	8.27%	14.83%	0.89
PWRQuanta Services, Inc.Product Competitor	117.83B	785.24	115.48	19.76%	3.72%	12.96%	0.13
MTZMasTec, Inc.Product Competitor	34.15B	433.28	85.46	16.22%	3%	14.16%	0.84

Compare STRL vs Peers

Sterling Infrastructure, Inc. (STRL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs PRIM

Most directly comparable listed peer for STRL.

Scale Benchmark

vs CAT

Larger-name benchmark to compare STRL against a more recognizable public peer.

Peer Set

Compare Top 5

vs PRIM, ROAD, MYRG, IESC

STRL Income Statement

Sterling Infrastructure, Inc. (STRL) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Sales/Revenue	957.96M	1.04B	1.13B	1.23B	1.41B	1.77B	1.97B	2.12B	2.49B	2.88B
Revenue Growth %	38.81%	8.32%	8.54%	8.92%	15.3%	25.1%	11.46%	7.28%	17.69%	36.96%
Cost of Goods Sold	868.87M	927.34M	1.02B	1.05B	1.21B	1.49B	1.63B	1.69B	1.94B	2.23B
COGS % of Revenue	90.7%	89.37%	90.43%	85.36%	85.61%	84.48%	82.88%	79.86%	77.91%	-
Gross Profit	89.09M▲ 0%	110.33M▲ 23.8%	107.79M▼ 2.3%	179.63M▲ 66.6%	203.53M▲ 13.3%	274.57M▲ 34.9%	337.64M▲ 23.0%	426.12M▲ 26.2%	550.13M▲ 29.1%	657.56M▲ 0%
Gross Margin %	9.3%	10.63%	9.57%	14.64%	14.39%	15.52%	17.12%	20.14%	22.09%	22.79%
Gross Profit Growth %	103.16%	23.84%	-2.3%	66.64%	13.31%	34.9%	22.97%	26.21%	29.1%	-
Operating Expenses	62.92M	67.72M	70.04M	87.02M	96.52M	114.7M	131.84M	161.5M	135.88M	168.07M
OpEx % of Revenue	6.57%	6.53%	6.22%	7.09%	6.82%	6.48%	6.69%	7.63%	5.46%	-
Selling, General & Admin	48.35M	50.62M	49.2M	64.31M	69.15M	86.48M	98.7M	118.42M	154.81M	168.03M
SG&A % of Revenue	5.05%	4.88%	4.37%	5.24%	4.89%	4.89%	5%	5.6%	6.22%	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	14.56M	17.1M	20.84M	22.71M	27.37M	28.22M	33.14M	43.08M	-18.93M	1000K
Operating Income	26.18M▲ 0%	42.61M▲ 62.8%	37.75M▼ 11.4%	92.61M▲ 145.3%	107.01M▲ 15.5%	159.87M▲ 49.4%	205.79M▲ 28.7%	264.62M▲ 28.6%	414.24M▲ 56.5%	489.37M▲ 0%
Operating Margin %	2.73%	4.11%	3.35%	7.55%	7.57%	9.04%	10.43%	12.51%	16.64%	16.96%
Operating Income Growth %	653.52%	62.79%	-11.41%	145.33%	15.54%	49.4%	28.73%	28.59%	56.54%	-
EBITDA	43.17M	59.21M	58.49M	125.4M	141.21M	211.94M	263.2M	333.03M	491.36M	574.67M
EBITDA Margin %	4.51%	5.71%	5.19%	10.22%	9.98%	11.98%	13.35%	15.74%	19.73%	19.92%
EBITDA Growth %	281.39%	37.16%	-1.22%	114.39%	12.61%	50.08%	24.19%	26.53%	47.54%	65.27%
D&A (Non-Cash Add-back)	16.99M	16.6M	20.74M	32.78M	34.2M	52.07M	57.4M	68.41M	77.11M	85.3M
EBIT	27.88M	43.63M	31.16M	92.46M	108.12M	160.75M	219.94M	383.53M	428.26M	504.58M
Net Interest Income	-9.49M	-11.33M	-15.54M	-29.18M	-19.27M	-19.71M	-15.18M	2.37M	2.56M	590K
Interest Income	314K	1.02M	1.14M	149K	45K	885K	14.14M	27.62M	22.35M	19.16M
Interest Expense	9.8M	12.35M	16.69M	29.33M	19.31M	20.59M	29.32M	25.25M	19.79M	18.57M
Other Income/Expense	-10.24M	-11.33M	-23.27M	-29.48M	-18.2M	-19.71M	-15.18M	93.66M	-5.77M	-1.12M
Pretax Income	15.94M▲ 0%	31.28M▲ 96.3%	14.48M▼ 53.7%	63.13M▲ 336.0%	88.81M▲ 40.7%	140.16M▲ 57.8%	190.62M▲ 36.0%	358.28M▲ 88.0%	408.48M▲ 14.0%	488.24M▲ 0%
Pretax Margin %	1.66%	3.01%	1.29%	5.15%	6.28%	7.92%	9.66%	16.93%	16.4%	16.92%
Income Tax	118K	1.74M	-26.22M	19.41M	24.87M	41.71M	47.77M	87.36M	98.75M	117.34M
Effective Tax Rate %	0.74%	5.56%	-181.06%	30.75%	28.01%	29.76%	25.06%	24.38%	24.18%	24.03%
Net Income	11.62M▲ 0%	25.19M▲ 116.8%	39.9M▲ 58.4%	42.31M▲ 6.0%	62.65M▲ 48.1%	106.46M▲ 69.9%	138.66M▲ 30.2%	257.46M▲ 85.7%	290.15M▲ 12.7%	346.64M▲ 0%
Net Margin %	1.21%	2.43%	3.54%	3.45%	4.43%	6.02%	7.03%	12.17%	11.65%	12.02%
Net Income Growth %	225.75%	116.81%	58.42%	6.03%	48.08%	69.94%	30.24%	85.68%	12.7%	30.37%
Net Income (Continuing)	15.82M	29.54M	40.7M	43.72M	63.94M	98.46M	142.84M	270.92M	309.73M	370.9M
Discontinued Operations	0	0	0	-817K	1.19M	9.74M	0	0	0	0
Minority Interest	4.86M	7.86M	1.29M	1.46M	1.46M	3.2M	4.94M	18.4M	-2.08M	5.71M
EPS (Diluted)	0.43▲ 0%	0.93▲ 116.3%	1.47▲ 58.1%	1.50▲ 2.0%	2.15▲ 43.3%	3.48▲ 61.9%	4.44▲ 27.6%	8.27▲ 86.3%	9.38▲ 13.4%	11.17▲ 0%
EPS Growth %	207.5%	116.28%	58.06%	2.04%	43.33%	61.86%	27.59%	86.26%	13.42%	30.61%
EPS (Basic)	0.44	0.94	1.50	1.52	2.19	3.53	4.51	8.35	9.50	-
Diluted Shares Outstanding	26.71M	27.19M	27.12M	28.2M	29.1M	30.56M	31.21M	31.15M	30.95M	31.04M
Basic Shares Outstanding	26.27M	26.9M	26.67M	27.86M	28.6M	30.2M	30.75M	30.83M	30.54M	30.65M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

STRL Balance Sheet

Sterling Infrastructure, Inc. (STRL) balance sheet — assets, liabilities & shareholders' equity

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Total Current Assets	278.53M	302.62M	357.52M	361.54M	434.69M	597.25M	847.98M	1.02B	1.03B	1.19B
Cash & Short-Term Investments	86.55M	98M	50.53M	72.69M	64.77M	185.26M	471.56M	664.2M	390.72M	511.86M
Cash Only	86.55M	98M	50.53M	72.69M	64.77M	185.26M	471.56M	664.2M	390.72M	511.86M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	182.42M	197.29M	272.75M	279.05M	285.82M	386.57M	358.54M	340.3M	501.16M	652.86M
Days Sales Outstanding	69.51	69.4	88.39	83.03	73.76	79.74	66.36	58.71	73.46	68.58
Inventory	4.62M	3.16M	0	0	0	0	0	0	0	0
Days Inventory Outstanding	1.94	1.24	-	-	-	-	-	-	-	-
Other Current Assets	4.93M	4.17M	6.99M	9.81M	84.11M	25.42M	17.88M	17.38M	142.58M	29.98M
Total Non-Current Assets	184.77M	179.96M	619.5M	620.85M	826.98M	871.68M	956.08M	1.01B	1.6B	1.59B
Property, Plant & Equipment	54.41M	52M	130.01M	143.18M	213.37M	274.9M	300.88M	289.46M	336.44M	338.24M
Fixed Asset Turnover	17.61x	19.96x	8.66x	8.57x	6.63x	6.44x	6.55x	7.31x	7.40x	8.90x
Goodwill	85.23M	85.23M	191.89M	192.01M	258.29M	262.69M	281.12M	264.6M	585.22M	584.82M
Intangible Assets	44.82M	42.42M	256.32M	244.89M	303.22M	299.12M	328.4M	316.39M	554.7M	548.01M
Long-Term Investments	0	0	0	0	0	0	0	107.4M	0	318.03M
Other Non-Current Assets	317K	309K	183K	3.25M	25.2M	7.65M	18.81M	17.04M	123.01M	173.95M
Total Assets	463.3M▲ 0%	482.57M▲ 4.2%	949.77M▲ 96.8%	982.39M▲ 3.4%	1.26B▲ 28.4%	1.47B▲ 16.4%	1.8B▲ 22.8%	2.03B▲ 12.8%	2.63B▲ 29.4%	2.78B▲ 0%
Asset Turnover	2.07x	2.15x	1.19x	1.25x	1.12x	1.20x	1.09x	1.04x	0.95x	1.14x
Asset Growth %	53.5%	4.16%	96.81%	3.43%	28.43%	16.43%	22.81%	12.8%	29.43%	102.86%
Total Current Liabilities	182.29M	179.17M	293.5M	321.88M	351.76M	446.61M	678.17M	741.96M	1.02B	1.08B
Accounts Payable	97.46M	99.43M	137.59M	95.2M	112.75M	121.89M	145.97M	130.42M	226.81M	234.47M
Days Payables Outstanding	40.94	39.13	49.31	33.19	33.99	29.76	32.59	28.17	42.67	33.55
Short-Term Debt	3.98M	2.9M	49.57M	85.02M	29.93M	52.33M	46.16M	46.92M	33.83M	31.34M
Deferred Revenue (Current)	62.37M	62.41M	57.76M	114.02M	118.67M	239.3M	444.16M	508.85M	0	553.17M
Other Current Liabilities	9.35M	4.68M	6.39M	9.63M	70M	8.97M	14.12M	19M	761.82M	817.94M
Current Ratio	1.53x	1.69x	1.22x	1.12x	1.24x	1.34x	1.25x	1.38x	1.01x	1.01x
Quick Ratio	1.50x	1.67x	1.22x	1.12x	1.24x	1.34x	1.25x	1.38x	1.01x	1.01x
Cash Conversion Cycle	30.51	31.51	-	-	-	-	-	-	-	35.03
Total Non-Current Liabilities	134.82M	131.14M	462.31M	391.78M	549.69M	544.52M	502.04M	466.54M	504.94M	504.65M
Long-Term Debt	86.16M	79.12M	390.07M	290.88M	428.28M	398.66M	314.5M	289.53M	316.09M	310.85M
Capital Lease Obligations	0	0	7.54M	9.33M	13.29M	40.18M	38.22M	32.83M	0	70.62M
Deferred Tax Liabilities	0	1.45M	15.09M	29.7M	45.34M	78.97M	103.64M	127.56M	123.14M	481.59M
Other Non-Current Liabilities	48.66M	50.57M	49.62M	61.87M	62.78M	26.71M	45.68M	16.63M	65.71M	231.99M
Total Liabilities	317.11M	310.31M	728.56M	713.66M	901.45M	991.13M	1.18B	1.21B	1.53B	1.59B
Total Debt	90.14M	82.02M	447.17M	385.23M	471.5M	491.16M	398.88M	369.27M	349.91M	342.19M
Net Debt	3.58M	-15.98M	396.64M	312.54M	406.74M	305.9M	-72.68M	-294.92M	-40.81M	-169.67M
Debt / Equity	0.62x	0.48x	2.02x	1.43x	1.31x	1.03x	0.64x	0.45x	0.32x	0.32x
Debt / EBITDA	2.09x	1.39x	7.65x	3.07x	3.34x	2.32x	1.52x	1.11x	0.71x	0.60x
Net Debt / EBITDA	0.08x	-0.27x	6.78x	2.49x	2.88x	1.44x	-0.28x	-0.89x	-0.08x	-0.08x
Interest Coverage	2.84x	3.53x	1.87x	3.15x	5.60x	7.81x	7.50x	15.19x	21.64x	27.17x
Total Equity	146.19M▲ 0%	172.26M▲ 17.8%	221.21M▲ 28.4%	268.73M▲ 21.5%	360.23M▲ 34.0%	477.8M▲ 32.6%	623.85M▲ 30.6%	826.48M▲ 32.5%	1.11B▲ 33.9%	1.2B▲ 0%
Equity Growth %	35.25%	17.83%	28.42%	21.48%	34.05%	32.64%	30.57%	32.48%	33.87%	160.68%
Book Value per Share	5.47	6.33	8.16	9.53	12.38	15.63	19.99	26.54	35.75	38.51
Total Shareholders' Equity	141.33M	164.4M	219.92M	267.27M	358.77M	474.6M	618.91M	808.08M	1.11B	1.19B
Common Stock	271K	271K	283K	283K	298K	306K	309K	312K	315K	315K
Retained Earnings	-90.12M	-64.93M	-25.03M	17.27M	79.92M	186.38M	325.03M	582.5M	872.65M	968.62M
Treasury Stock	0	-4.73M	-6.14M	-1.45M	0	0	0	-63.12M	0	-146.85M
Accumulated OCI	0	0	-209K	-5.26M	-1.72M	0	0	0	0	0
Minority Interest	4.86M	7.86M	1.29M	1.46M	1.46M	3.2M	4.94M	18.4M	-2.08M	5.71M

STRL Cash Flow Statement

Sterling Infrastructure, Inc. (STRL) cash flow — operating, investing & free cash flow history

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Cash from Operations	23.01M	39.47M	41.09M	122.9M	158.93M	219.12M	478.58M	497.1M	439.99M	439.99M
Operating CF Margin %	2.4%	3.8%	3.65%	10.02%	11.24%	12.38%	24.27%	23.5%	17.67%	-
Operating CF Growth %	-48.29%	71.56%	4.1%	199.07%	29.32%	37.87%	118.42%	3.87%	-11.49%	26.54%
Net Income	15.82M	29.54M	39.9M	42.9M	65.12M	108.2M	142.84M	270.92M	309.73M	346.64M
Depreciation & Amortization	16.99M	16.77M	20.7M	32.78M	34.2M	52.07M	57.4M	68.41M	77.11M	83.32M
Stock-Based Compensation	2.84M	3.06M	0	11.64M	11.77M	12.73M	14.62M	19M	24.18M	24.63M
Deferred Taxes	-3.27M	1.45M	-27.4M	19.44M	21.43M	36.49M	14.75M	32.57M	13.79M	11.2M
Other Non-Cash Items	4.2M	2.67M	11.8M	2.26M	-1.22M	-19.82M	-3.56M	-93.62M	5.82M	54.65M
Working Capital Changes	-13.57M	-14.02M	-3.9M	13.86M	27.63M	29.45M	252.53M	199.82M	9.36M	-13.07M
Change in Receivables	-29.92M	-11.09M	-13.75M	49.95M	4.36M	9.37M	235.49M	194.85M	0	-124.39M
Change in Inventory	305K	1.58M	0	0	0	0	0	0	0	0
Change in Payables	13.58M	1.97M	10.99M	-42.39M	26.61M	11.89M	10.31M	-9.34M	0	49.05M
Cash from Investing	-55.9M	-11.38M	-410.39M	-30.49M	-223.45M	-89.75M	-87.75M	-185.85M	-551.92M	-515.4M
Capital Expenditures	-9.42M	-13.17M	-15.4M	-32.86M	-46.65M	-60.91M	-64.38M	-80.95M	-77.31M	-79.02M
CapEx % of Revenue	0.98%	1.27%	1.37%	2.68%	3.3%	3.44%	3.26%	3.83%	3.1%	-
Acquisitions	-54.86M	1.79M	-394.99M	0	-180.91M	-33.79M	-37.18M	-11.22M	-482.33M	-443.4M
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	8.38M	1.79M	0	2.37M	4.11M	4.95M	13.8M	-93.67M	7.72M	7.02M
Cash from Financing	74.06M	-17.95M	320.93M	-70.33M	80.57M	-32.79M	-104.53M	-118.62M	-161.54M	-130.66M
Debt Issued (Net)	80.29M	-11.55M	331.69M	-77.75M	91.73M	-23.37M	-90.93M	-26.54M	-24.86M	-22.05M
Equity Issued (Net)	0	-4.73M	-3.2M	0	0	0	0	-70.6M	-74.2M	-46.15M
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	0	-4.73M	-3.2M	0	0	0	0	-70.6M	-74.2M	-46.15M
Other Financing	-6.23M	-1.66M	-7.56M	7.42M	-11.16M	-9.42M	-13.61M	-21.49M	-62.48M	-62.46M
Net Change in Cash	41.17M▲ 0%	10.14M▼ 75.4%	-47.46M▼ 568.0%	22.08M▲ 146.5%	16.05M▼ 27.3%	96.57M▲ 501.7%	286.3M▲ 196.5%	192.63M▼ 32.7%	-273.47M▼ 242.0%	-126.79M▲ 0%
Free Cash Flow	13.59M▲ 0%	26.3M▲ 93.6%	25.7M▼ 2.3%	90.03M▲ 250.4%	112.28M▲ 24.7%	158.21M▲ 40.9%	414.2M▲ 161.8%	416.15M▲ 0.5%	362.68M▼ 12.8%	440.25M▲ 0%
FCF Margin %	1.42%	2.53%	2.28%	7.34%	7.94%	8.94%	21%	19.67%	14.56%	15.26%
FCF Growth %	-59.57%	93.56%	-2.31%	250.37%	24.71%	40.9%	161.81%	0.47%	-12.85%	-3.44%
FCF per Share	0.51	0.97	0.95	3.19	3.86	5.18	13.27	13.36	11.72	11.72
FCF Conversion (FCF/Net Income)	1.98x	1.57x	1.03x	2.90x	2.54x	2.06x	3.45x	1.93x	1.52x	1.27x
Interest Paid	9.8M	10.83M	0	26.94M	17.24M	19.32M	27.01M	23.38M	0	0
Taxes Paid	279K	276K	0	4.75M	3.06M	5.6M	36.91M	53.07M	0	0

STRL Key Ratios

Sterling Infrastructure, Inc. (STRL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
Return on Equity (ROE)	9.14%	15.82%	20.28%	17.27%	19.92%	25.41%	25.17%	35.5%	30.02%	32.26%
Return on Invested Capital (ROIC)	17.97%	20.88%	7.31%	11.59%	11.91%	15.46%	23.13%	36.66%	38.9%	38.9%
Gross Margin	9.3%	10.63%	9.57%	14.64%	14.39%	15.52%	17.12%	20.14%	22.09%	22.79%
Net Margin	1.21%	2.43%	3.54%	3.45%	4.43%	6.02%	7.03%	12.17%	11.65%	12.02%
Debt / Equity	0.62x	0.48x	2.02x	1.43x	1.31x	1.03x	0.64x	0.45x	0.32x	0.32x
Interest Coverage	2.84x	3.53x	1.87x	3.15x	5.60x	7.81x	7.50x	15.19x	21.64x	27.17x
FCF Conversion	1.98x	1.57x	1.03x	2.90x	2.54x	2.06x	3.45x	1.93x	1.52x	1.27x
Revenue Growth	38.81%	8.32%	8.54%	8.92%	15.3%	25.1%	11.46%	7.28%	17.69%	36.96%

STRL SEC Filings & Documents

Sterling Infrastructure, Inc. (STRL) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

May 4, 2026·SEC

Material company update

Apr 8, 2026·SEC

Material company update

Feb 25, 2026·SEC

10-K Annual Reports

FY 2026

Feb 26, 2026·SEC

FY 2025

Feb 26, 2025·SEC

FY 2024

Feb 27, 2024·SEC

10-Q Quarterly Reports

FY 2026

May 5, 2026·SEC

FY 2025

Nov 4, 2025·SEC

FY 2025

Aug 5, 2025·SEC

STRL Frequently Asked Questions

Sterling Infrastructure, Inc. (STRL) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Sterling Infrastructure, Inc. (STRL) reported $2.88B in revenue for fiscal year 2025. This represents a 5994% increase from $47.3M in 1996.

Sterling Infrastructure, Inc. (STRL) grew revenue by 17.7% over the past year. This is strong growth.

Yes, Sterling Infrastructure, Inc. (STRL) is profitable, generating $346.6M in net income for fiscal year 2025 (11.7% net margin).

Dividend & Returns

Sterling Infrastructure, Inc. (STRL) has a return on equity (ROE) of 30.0%. This is excellent, indicating efficient use of shareholder capital.

Sterling Infrastructure, Inc. (STRL) generated $440.2M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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