Sterling Infrastructure financials
$504.94+1.32%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.49B | $2.12B | $1.97B | $1.77B | $1.41B | $1.23B | $1.13B | $1.04B | $958.0M | $690.1M |
| Gross profit | $572.3M | $426.1M | $337.6M | $274.6M | $203.5M | $179.6M | $107.8M | $110.3M | $89.1M | $42.1M |
| Gross margin | 23.0% | 20.1% | 17.1% | 15.5% | 14.4% | 14.6% | 9.6% | 10.6% | 9.3% | 6.1% |
| Operating income | $387.7M | $285.5M | $223.5M | $159.9M | $110.9M | $92.6M | $37.8M | $42.6M | $26.2M | -$4.7M |
| Net income | $290.2M | $257.5M | $138.7M | $106.5M | $62.6M | $42.3M | $39.9M | $25.2M | $11.6M | -$9.2M |
| Net margin | 11.7% | 12.2% | 7.0% | 6.0% | 4.4% | 3.4% | 3.5% | 2.4% | 1.2% | −1.3% |
| Diluted EPS | $9.38 | $8.27 | $4.44 | $3.48 | $2.15 | $1.50 | $1.47 | $0.93 | $0.43 | $-0.40 |
| EBITDA | $473.2M | $354.3M | $281.8M | $212.8M | $145.1M | $126.4M | $62.8M | $59.4M | $43.2M | $11.0M |
| Operating cash flow | $440.0M | $497.1M | $478.6M | $219.1M | $158.9M | $122.9M | $42.1M | $39.5M | $24.8M | $44.3M |
| Free cash flow | $362.7M | $416.1M | $414.2M | $158.2M | $112.3M | $90.0M | $26.7M | $26.3M | $15.3M | $33.4M |
| Diluted shares | 30.9M | 31.1M | 31.2M | 30.6M | 29.1M | 28.2M | 27.1M | 27.2M | 26.7M | 23.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $390.7M | $664.2M | $471.6M | $181.5M | $60.9M | $66.2M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $291.0M | $316.3M | $341.5M | $431.3M | $451.9M | $368.7M |
| Total assets | $2.63B | $2.02B | $1.78B | $1.44B | $1.23B | $952.7M |
| Total liabilities | $1.53B | $1.19B | $1.15B | $963.8M | $874.5M | $684.0M |
| Shareholders' equity | $1.11B | $826.5M | $623.9M | $477.8M | $360.2M | $268.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology