Breakdown | |||||
TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
2.11B | 2.12B | 1.97B | 1.77B | 1.41B | 1.23B | Gross Profit |
444.06M | 426.12M | 337.64M | 274.57M | 192.07M | 179.93M | EBIT |
278.57M | 264.62M | 205.79M | 159.87M | 107.01M | 92.61M | EBITDA |
444.32M | 451.94M | 277.34M | 211.43M | 142.32M | 126.43M | Net Income Common Stockholders |
265.89M | 257.46M | 138.66M | 106.46M | 62.65M | 42.31M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
638.65M | 664.20M | 471.56M | 181.54M | 60.95M | 66.19M | Total Assets |
2.03B | 2.02B | 1.78B | 1.44B | 1.23B | 952.69M | Total Debt |
358.69M | 369.27M | 398.88M | 491.16M | 471.50M | 385.23M | Net Debt |
-279.96M | -294.92M | -72.68M | 309.62M | 410.56M | 319.04M | Total Liabilities |
1.21B | 1.19B | 1.15B | 963.82M | 874.55M | 683.97M | Stockholders Equity |
805.42M | 808.08M | 618.91M | 474.60M | 358.77M | 267.27M |
Cash Flow | Free Cash Flow | ||||
455.95M | 416.15M | 414.20M | 158.21M | 112.28M | 86.42M | Operating Cash Flow |
532.40M | 497.10M | 478.58M | 219.12M | 158.93M | 119.28M | Investing Cash Flow |
-219.01M | -185.85M | -87.75M | -89.75M | -223.45M | -30.49M | Financing Cash Flow |
-155.15M | -118.62M | -104.53M | -32.79M | 80.57M | -70.33M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
81 Outperform | $5.81B | 89.09 | 9.21% | ― | 31.49% | -0.13% | |
78 Outperform | $5.20B | 22.72 | 37.73% | ― | 21.53% | 66.65% | |
77 Outperform | $6.37B | 24.49 | 36.67% | ― | 4.84% | 77.84% | |
75 Outperform | $3.90B | 39.15 | 12.75% | 0.58% | 11.42% | 247.33% | |
74 Outperform | $4.01B | 19.69 | 15.30% | 0.43% | 12.45% | 42.45% | |
68 Neutral | $6.74B | 29.56 | 19.76% | ― | 12.77% | 1.55% | |
66 Neutral | $4.50B | 12.26 | 5.40% | 3.65% | 4.17% | -12.02% |
Sterling Infrastructure, Inc. announced the appointment of Nicholas Grindstaff as Chief Financial Officer, effective July 10, 2025, succeeding Ron Ballschmiede. Grindstaff, with over 30 years of experience in finance and leadership in the infrastructure and energy industries, previously served as CFO at Cinterra and Orbital Infrastructure Group. His extensive expertise in financial strategy and leadership is expected to support Sterling’s growth and strategic objectives.
The most recent analyst rating on (STRL) stock is a Buy with a $185.00 price target. To see the full list of analyst forecasts on Sterling Construction stock, see the STRL Stock Forecast page.
On June 5, 2025, Sterling Infrastructure, Inc. amended its 2019 credit agreement, extending its maturity to June 2028 and increasing the facility size. The amended agreement, led by BMO Capital Markets, includes a $300 million term loan and a $150 million revolving credit facility, with improved financial flexibility and reduced interest margins. This strategic move positions Sterling for growth through organic means and acquisitions, as highlighted by CEO Joe Cutillo.
The most recent analyst rating on (STRL) stock is a Buy with a $185.00 price target. To see the full list of analyst forecasts on Sterling Construction stock, see the STRL Stock Forecast page.
At its Annual Meeting, Sterling Construction‘s stockholders elected six directors, approved executive compensation, and ratified Grant Thornton, LLP as the independent registered public accounting firm for 2025. The meeting saw participation from 26,304,405 shares out of 30,416,977 outstanding, indicating strong shareholder engagement in the company’s governance decisions.
Sterling Infrastructure, Inc. reported strong financial results for the first quarter of 2025, with a 7% increase in revenues excluding RHB, a 27% rise in net income, and a 31% growth in adjusted EBITDA. The acquisition of Drake Concrete, LLC is expected to enhance Sterling’s presence in the Dallas-Fort Worth market. The company’s backlog increased by 17% to $2.1 billion, driven by significant growth in E-Infrastructure Solutions. Despite challenges in the Building Solutions segment due to the housing market slowdown, Sterling raised its full-year guidance, anticipating continued revenue and earnings growth.
On March 20, 2025, Sterling Infrastructure, Inc. released its 2025 Sustainability Report, highlighting its ongoing sustainability efforts and ESG-related activities. The report, titled ‘Building Tomorrow Today,’ emphasizes Sterling’s role in advancing infrastructure projects that create lasting positive impacts. CEO Joe Cutillo underscored the company’s commitment to sustainable business practices, which are central to its mission of protecting people, communities, and the environment.
Sterling Infrastructure, Inc. presented its business and financial performance to investors, highlighting its strategic transformation and strong growth trajectory. The company reported a revenue of $2.12 billion in 2024, with a market cap of $3.7 billion as of March 2025, and emphasized its high-profitability backlog and diverse market presence. The presentation underscored Sterling’s role in critical infrastructure projects across the U.S. and its robust financial metrics, including a revenue CAGR of 20% over eight years and an adjusted EBITDA margin of 15.1% in 2024.