Sterling Infrastructure, Inc. logo STRL - Sterling Infrastructure, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 7
HOLD 2
SELL 0
STRONG
SELL
0
| PRICE TARGET: $574.50 DETAILS
HIGH: $889.00
LOW: $413.00
MEDIAN: $498.00
CONSENSUS: $574.50
DOWNSIDE: 21.62%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
Revenue
Revenue 2,490.0 2,115.8 1,972.2 1,769.4 1,414.4 1,226.7 1,126.3 1,037.7 958.0 690.1 623.6 672.2 556.2 630.5 501.2 459.9 390.8 415.1 306.2 249.3 219.4 154.2 170.1 112.1 21.3 20.1 31.7 32.3 41.9 47.3
Cost of Revenue 1,939.9 1,689.6 1,634.6 1,494.9 1,210.8 1,047.1 1,018.5 927.3 868.9 646.3 594.6 639.8 586.2 583.0 461.3 397.2 336.5 373.1 272.5 220.8 195.7 137.7 148.7 117.9 16.4 16.0 25.8 26.1 32.5 37.3
Gross Profit 550.1 426.1 337.6 274.6 203.5 179.6 107.8 110.3 89.1 43.9 29.0 32.4 (29.9) 47.5 39.8 62.7 54.4 42.0 33.7 28.5 23.8 16.5 21.4 (5.8) 4.9 4.1 5.8 6.2 9.5 10.0
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 154.8 118.4 98.7 86.5 69.2 64.3 49.2 50.6 48.4 38.6 41.9 36.9 41.0 35.2 25.0 24.9 17.2 13.8 13.2 10.8 9.1 10.1 10.4 9.5 4.4 4.3 6.3 6.7 10.6 11.0
Other Expenses (18.9) 43.1 33.1 28.2 27.4 22.7 20.8 17.1 14.6 10.0 1.5 (0.3) (1.3) (2.9) (0.4) 1.9 (0.3) 0.1 (0.5) (0.3) 0 0 0 0.3 0.2 0.2 0.2 0.2 0.4 0.4
Operating Expenses 135.9 161.5 131.8 114.7 96.5 87.0 70.0 67.7 62.9 48.6 43.3 36.6 39.6 32.3 24.6 26.8 16.9 13.8 12.7 10.5 9.1 10.1 10.4 9.8 4.6 4.5 6.5 6.9 11.0 11.4
Operating Income
Operating Income 414.2 264.6 205.8 159.9 107.0 92.6 37.8 42.6 26.2 (4.7) (14.4) (4.2) (69.6) 15.0 (52.2) 35.9 37.5 28.1 21.0 18.0 14.7 6.4 11.0 4.3 0.3 (0.4) (0.7) (0.7) (1.6) (1.4)
Interest Expense 19.8 25.3 29.3 20.6 19.3 29.3 16.7 12.3 9.8 2.6 3.0 1.1 0.6 0.9 1.2 1.2 0.2 0.2 0.3 0.2 1.3 1.7 2.1 2.6 2.7 1.2 0.6 0.6 0.8 0.6
Interest Income 22.3 27.6 14.1 0.9 0.0 0.1 1.1 1.0 0.3 0.0 0.5 0.8 0.9 1.3 1.7 1.8 0.6 1.1 1.7 1.4 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 505.4 451.9 277.3 212.8 142.3 125.2 51.9 60.2 44.9 11.4 0.3 14.9 (49.5) 37.1 (33.2) 53.5 51.8 42.4 30.0 24.7 19.7 11.0 15.1 10.8 0.5 (0.2) (0.2) (0.0) (0.7) (0.3)
EBIT 428.3 383.5 219.9 160.8 108.1 92.5 31.2 43.6 27.9 (4.7) (14.2) (3.5) (68.2) 18.1 (50.5) 37.7 38.0 29.2 21.0 18.0 14.7 5.6 10.4 7.0 (1.9) (0.4) (0.4) (0.2) 17.9 (1.6)
Income Before Tax 408.5 358.3 190.6 140.2 88.8 63.1 14.5 31.3 15.9 (7.3) (17.2) (4.6) (68.8) 17.1 (51.7) 36.5 37.8 29.0 22.4 19.2 13.3 3.7 7.3 3.5 (7.3) (3.0) (0.9) 0.6 (5.7) (2.2)
Income Tax Expense 98.8 87.4 47.8 41.7 24.9 19.4 (26.2) 1.7 0.1 0.1 0.0 0.6 1.2 (0.6) (17.0) 10.3 12.3 10.0 7.9 6.6 2.8 (1.9) 1.9 (1.2) 0.0 0.0 0.0 1.0 3.1 1.9
Net Income 290.2 257.5 138.7 106.5 62.6 42.3 39.9 25.2 11.6 (9.2) (20.4) (9.8) (73.9) (0.3) (35.9) 19.1 23.7 18.1 14.4 13.3 11.1 5.7 5.4 4.7 (6.9) (5.5) (1.0) (0.4) (8.8) (4.0)
Per Share Data
EPS (Basic) 9.50 8.35 4.51 3.53 2.19 1.52 1.50 0.94 0.44 -0.40 -1.05 -0.54 -4.44 -0.02 -2.19 1.15 1.77 1.38 1.31 1.25 1.43 1.06 1.06 0.66 -1.40 -1.10 -0.30 -0.13 -2.74 -1.25
EPS (Diluted) 9.38 8.27 4.44 3.48 2.15 1.50 1.47 0.93 0.43 -0.40 -1.05 -0.54 -4.44 -0.02 -2.19 1.13 1.71 1.32 1.22 1.14 1.16 0.80 0.83 0.55 -1.40 -1.10 -0.30 -0.13 -2.74 -1.25
Shares Outstanding 30.5 30.8 30.8 30.2 28.6 27.9 26.7 26.9 26.3 23.1 19.4 18.1 16.6 16.4 16.4 16.2 13.4 13.1 11.0 10.6 7.8 5.3 5.1 5.1 4.9 4.9 3.5 3.2 3.2 3.2
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996
Current Assets
Cash & Cash Equivalents 390.7 664.2 471.6 185.3 64.8 72.7 50.5 98.0 86.6 44.8 54.4 55.3 3.4 2.8 2.4 2.9 0.2 0.1 0.0 0.0 0.3
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 41.7 24.4 0 0 0 0 0 0 0 0 0
Net Receivables 501.2 340.3 358.5 386.6 285.8 279.1 272.7 197.3 182.4 124.0 82.6 60.6 26.2 29.7 25.3 18.9 3.7 3.9 4.2 4.4 4.4
Inventory 0 0 0 0 0 0 0 3.2 4.6 3.7 1.2 1.0 4.5 4.8 3.4 4.1 6.8 5.4 6.2 5.7 8.1
Other Current Assets 142.6 17.4 17.9 25.4 84.1 9.8 7.0 4.2 4.9 3.4 5.6 3.9 12.8 30.7 4.6 2.3 0.1 0.2 0.2 0.4 0.4
Total Current Assets 1,034.5 1,021.9 848.0 597.3 434.7 361.5 357.5 302.6 278.5 175.9 189.2 152.7 48.1 40.2 35.7 28.2 10.8 9.6 10.7 10.5 13.8
Non-Current Assets
Property, Plant & Equipment 336.4 289.5 300.9 274.9 213.4 143.2 130.0 52.0 54.4 68.1 80.3 78.0 21.0 22.4 22.8 18.0 0.8 0.8 0.7 1.5 2.1
Goodwill 585.2 264.6 281.1 262.7 258.3 192.0 191.9 85.2 85.2 54.8 114.7 57.2 0 7.8 7.8 0 0.1 1.9 2.3 2.5 6.0
Intangible Assets 554.7 316.4 328.4 299.1 303.2 244.9 256.3 42.4 44.8 0 0 0 12.7 0 0 7.7 0.1 0 0 0 0
Long-Term Investments 0 107.4 0 0 0 0 0 0 0 3.0 0 0 0 0 0 0 0 6.2 0 0 0
Other Non-Current Assets 123.0 17.0 18.8 7.7 25.2 3.2 0.2 0.3 0.3 0 1.5 1.7 0.9 0.7 0.5 0.4 9.7 0.3 0.4 0.5 0.2
Total Non-Current Assets 1,599.4 1,013.1 956.1 871.7 827.0 620.9 619.5 180.0 184.8 125.9 196.6 138.8 43.3 35.4 37.0 30.9 10.7 10.6 3.3 5.4 12.3
Total Assets 2,633.8 2,035.0 1,804.1 1,468.9 1,261.7 982.4 949.8 482.6 463.3 301.8 385.7 291.5 91.7 75.6 72.8 59.1 21.4 20.2 14.0 15.9 26.1
Current Liabilities
Account Payables 226.8 130.4 146.0 121.9 112.7 95.2 137.6 99.4 97.5 67.0 32.6 26.1 14.4 14.4 14.6 12.3 4.4 5.6 5.7 6.4 6.1
Short-Term Debt 33.8 46.9 46.2 52.3 29.9 85.0 49.6 2.9 4.0 3.8 0.1 0.1 3.5 5.7 0 2.8 13.7 0.6 0.1 0.1 0.1
Deferred Revenue 0 508.8 444.2 239.3 118.7 114.0 57.8 62.4 62.4 64.1 0 0 0 3.9 0 0.9 0 0 0 0 0.4
Other Current Liabilities 761.8 19.0 14.1 9.0 70.0 9.6 6.4 4.7 9.3 6.2 42.3 30.9 14.5 9.7 7.0 4.0 (10.0) 0 0 0 (0.4)
Total Current Liabilities 1,022.5 742.0 678.2 446.6 351.8 321.9 293.5 179.2 182.3 146.6 75.3 57.6 32.3 33.7 24.0 20.0 11.8 8.6 8.0 8.0 7.6
Non-Current Liabilities
Long-Term Debt 316.1 289.5 314.5 398.7 428.3 290.9 390.1 79.1 86.2 1.5 40.4 55.5 21.0 13.3 17.8 24.8 13.4 12.3 4.3 5.7 7.6
Deferred Tax Liabilities 123.1 127.6 103.6 79.0 45.3 29.7 15.1 1.4 0 0 15.4 11.8 2.2 4.5 0 0 0 0 0 0 0
Other Non-Current Liabilities 65.7 16.6 45.7 26.7 62.8 61.9 49.6 50.6 48.7 45.6 0 1.2 0.9 6.6 16.5 5.4 0 0 0 0 0
Total Non-Current Liabilities 504.9 466.5 502.0 544.5 549.7 391.8 462.3 131.1 134.8 47.1 55.8 68.5 24.2 20.0 34.3 30.2 13.4 12.3 4.3 5.7 7.6
Total Liabilities 1,527.4 1,208.5 1,180.2 991.1 901.4 713.7 728.6 310.3 317.1 193.7 131.1 126.1 56.5 53.7 58.3 50.2 25.2 20.9 12.3 13.8 15.2
Stockholders' Equity
Common Stock 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0
Retained Earnings 872.6 582.5 325.0 186.4 79.9 17.3 (25.0) (64.9) (90.1) (101.7) 32.7 8.8 (45.4) (49.7) (55.1) (59.8) (51.0) (48.0) (44.8) (44.4) (35.7)
Accumulated Other Comprehensive Income 0 0 0 0 (1.7) (5.3) (0.2) 0 0 0 0 0 (0.2) (0.1) (5.8) 0 (1.5) (1.5) (1.1) (1.3) (1.1)
Total Stockholders' Equity 1,108.5 808.1 618.9 474.6 358.8 267.3 219.9 164.4 141.3 107.4 230.8 159.1 35.2 16.6 10.8 6.1 (3.8) (0.8) 1.7 2.1 10.9
Total Liabilities & Equity 2,633.8 2,035.0 1,804.1 1,468.9 1,261.7 982.4 949.8 482.6 463.3 301.8 385.7 291.5 91.7 75.6 72.8 59.1 21.4 20.2 14.0 15.9 26.1
Debt Metrics
Total Debt 349.9 369.3 398.9 491.2 471.5 385.2 447.2 82.0 90.1 5.4 40.5 55.6 24.6 19.0 17.8 27.6 16.3 14.1 5.1 6.8 8.0
Net Debt (40.8) (294.9) (72.7) 305.9 406.7 312.5 396.6 (16.0) 3.6 (39.4) (13.9) 0.3 21.1 16.2 15.4 24.7 16.1 14.0 5.0 6.7 7.7
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
Operating Activities
Net Income 309.7 270.9 142.8 108.2 65.1 42.9 39.9 29.5 15.8 (7.4) 10.5 5.7 5.4 4.7 (7.3) (5.5) (1.0) (0.4) (8.8) (4.0)
Depreciation & Amortization 77.1 68.4 57.4 52.1 34.2 32.8 20.7 16.8 17.0 16.0 5.1 4.6 4.8 3.9 0.1 0.2 0.5 0.7 1.2 0.9
Stock-Based Compensation 24.2 19.0 14.6 12.7 11.8 11.6 0 3.1 2.8 1.8 0 0 0.3 0 0 0 0 0 0 0
Change in Working Capital 9.4 199.8 252.5 29.4 27.6 13.9 (3.9) (14.0) (13.6) 34.4 12.9 (6.7) 2.8 (3.8) 2.2 0.3 0.6 (0.1) 1.9 1.2
Other Non-Cash Items 5.8 (93.6) (3.6) (19.8) (1.2) 2.3 11.8 2.7 4.2 1.8 0.2 1.5 2.9 1.4 4.7 4.5 (0.3) (2.0) 3.1 (0.2)
Operating Cash Flow 440.0 497.1 478.6 219.1 158.9 122.9 41.1 39.5 23.0 44.5 31.3 2.9 17.8 5.1 (0.2) (0.4) (0.2) (0.9) 0.6 (0.2)
Investing Activities
Capital Expenditure (77.3) (81.0) (64.4) (60.9) (46.7) (32.9) (15.4) (13.2) (9.4) (10.9) (11.4) (3.6) (4.3) (4.3) (0.1) (0.1) (0.3) (0.3) (0.2) (0.4)
Acquisitions (482.3) (11.2) (37.2) (33.8) (180.9) 0 (395.0) 1.8 (54.9) 2.7 0 (2.4) 0 (2.7) 0 0 0 0 (0.1) 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (3.8) 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 7.7 (93.7) 13.8 4.9 4.1 2.4 0 1.8 8.4 2.7 0.4 0.2 0.1 0.1 (3.7) (7.3) 0 2.7 (0.2) (0.3)
Investing Cash Flow (551.9) (185.8) (87.8) (89.8) (223.4) (30.5) (410.4) (11.4) (55.9) (8.2) (11.0) (5.8) (4.3) (6.9) (3.7) (7.4) (4.1) 2.4 (0.5) (0.7)
Financing Activities
Net Debt Issuance (24.9) (26.5) (90.9) (23.4) 91.7 (77.7) 331.7 (11.6) 80.3 (15.0) (2.8) (4.7) (6.0) 1.3 0 3.9 7.8 3.4 (1.4) (0.1)
Stock Repurchased (74.2) (70.6) 0 0 0 0 (3.2) (4.7) 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (62.5) (21.5) (13.6) (9.4) (11.2) 7.4 (7.6) (1.7) (6.2) (1.9) 0.5 6.8 (7.2) 0 3.9 3.8 (0.1) (5.6) (0.0) 1.0
Financing Cash Flow (161.5) (118.6) (104.5) (32.8) 80.6 (70.3) 320.9 (17.9) 74.1 2.0 (1.5) 3.7 (13.2) 1.3 3.9 7.7 4.6 (1.5) (0.4) 0.9
Cash Position
Net Change in Cash (273.5) 192.6 286.3 96.6 16.1 22.1 (47.5) 10.1 41.2 38.4 18.8 0.8 0.4 (0.5) (0.1) (0.1) 0.2 0.0 (0.3) 0.0
Cash at Beginning 664.2 471.6 185.3 88.7 72.6 50.6 98.0 84.0 42.8 4.4 3.4 2.8 2.4 2.9 0.2 0.2 0.0 0.0 0.3 0.3
Cash at End 390.7 664.2 471.6 185.3 88.7 72.6 50.5 94.1 84.0 42.8 22.3 3.5 2.8 2.4 0.1 0.2 0.2 0.0 0.0 0.3
Free Cash Flow 362.7 416.1 414.2 158.2 112.3 90.0 25.7 26.3 13.6 33.6 19.9 (0.7) 13.4 0.8 (0.3) (0.5) (0.5) (1.2) 0.4 (0.6)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
Income Statement
Revenue 2,490.0 2,115.8 1,972.2 1,769.4 1,414.4 1,226.7 1,126.3 1,037.7 958.0 690.1 623.6 672.2 556.2 630.5 501.2 459.9 390.8 415.1 306.2 249.3 219.4 154.2 170.1 112.1 21.3 20.1 31.7 32.3 41.9 47.3
Gross Profit 550.1 426.1 337.6 274.6 203.5 179.6 107.8 110.3 89.1 43.9 29.0 32.4 (29.9) 47.5 39.8 62.7 54.4 42.0 33.7 28.5 23.8 16.5 21.4 (5.8) 4.9 4.1 5.8 6.2 9.5 10.0
Operating Income 414.2 264.6 205.8 159.9 107.0 92.6 37.8 42.6 26.2 (4.7) (14.4) (4.2) (69.6) 15.0 (52.2) 35.9 37.5 28.1 21.0 18.0 14.7 6.4 11.0 4.3 0.3 (0.4) (0.7) (0.7) (1.6) (1.4)
Net Income 290.2 257.5 138.7 106.5 62.6 42.3 39.9 25.2 11.6 (9.2) (20.4) (9.8) (73.9) (0.3) (35.9) 19.1 23.7 18.1 14.4 13.3 11.1 5.7 5.4 4.7 (6.9) (5.5) (1.0) (0.4) (8.8) (4.0)
EPS (Diluted) 9.38 8.27 4.44 3.48 2.15 1.50 1.47 0.93 0.43 -0.40 -1.05 -0.54 -4.44 -0.02 -2.19 1.13 1.71 1.32 1.22 1.14 1.16 0.80 0.83 0.55 -1.40 -1.10 -0.30 -0.13 -2.74 -1.25
Balance Sheet
Cash & Equivalents 390.7 664.2 471.6 185.3 64.8 72.7 50.5 98.0 86.6 44.8 54.4 55.3 3.4 2.8 2.4 2.9 0.2 0.1 0.0 0.0 0.3
Total Assets 2,633.8 2,035.0 1,804.1 1,468.9 1,261.7 982.4 949.8 482.6 463.3 301.8 385.7 291.5 91.7 75.6 72.8 59.1 21.4 20.2 14.0 15.9 26.1
Total Debt 349.9 369.3 398.9 491.2 471.5 385.2 447.2 82.0 90.1 5.4 40.5 55.6 24.6 19.0 17.8 27.6 16.3 14.1 5.1 6.8 8.0
Stockholders' Equity 1,108.5 808.1 618.9 474.6 358.8 267.3 219.9 164.4 141.3 107.4 230.8 159.1 35.2 16.6 10.8 6.1 (3.8) (0.8) 1.7 2.1 10.9
Cash Flow
Operating Cash Flow 440.0 497.1 478.6 219.1 158.9 122.9 41.1 39.5 23.0 44.5 31.3 2.9 17.8 5.1 (0.2) (0.4) (0.2) (0.9) 0.6 (0.2)
Capital Expenditure (77.3) (81.0) (64.4) (60.9) (46.7) (32.9) (15.4) (13.2) (9.4) (10.9) (11.4) (3.6) (4.3) (4.3) (0.1) (0.1) (0.3) (0.3) (0.2) (0.4)
Free Cash Flow 362.7 416.1 414.2 158.2 112.3 90.0 25.7 26.3 13.6 33.6 19.9 (0.7) 13.4 0.8 (0.3) (0.5) (0.5) (1.2) 0.4 (0.6)