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STRL US​

Sterling Infrastructure, Inc.(STRL US)

$355.30-17.534.70%Ext:$362.38+7.081.99%(Market Closed · 00:00:02 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Sterling Infrastructure, Inc. — Company Profile

Sterling Infrastructure, Inc. operates across three distinct business segments: transportation, e-infrastructure, and building solutions. The company's operations span a significant portion of the United States, including the Southern, Northeastern, and Mid-Atlantic regions, as well as the Rocky Mountain states, California, and Hawaii. Within its transportation division, Sterling specializes in developing and rehabilitating critical infrastructure. This includes projects such as highways, roads, bridges, airports, ports, and light rail systems, alongside essential water, wastewater, and storm drainage solutions. Their clients in this sector range from state departments of transportation and regional transit authorities to airport, port, and water authorities, as well as railway companies. Furthermore, Sterling delivers specialized site infrastructure development services. These projects cater to high-profile "blue-chip" clients operating within the e-commerce, data center, distribution and warehousing, and energy industries. The building solutions segment focuses on concrete work for both residential and commercial applications. This encompasses foundations for single-family and multi-family residences, as well as parking structures, elevated slabs, and other custom concrete projects. Their client base here includes national, regional, and custom home builders, as well as developers and general contractors in the commercial sector. Originally established in 1955, the company operated as Sterling Construction Company, Inc. until its renaming to Sterling Infrastructure, Inc. in June 2022. Its corporate headquarters are located in The Woodlands, Texas.

Sector
Industrials
Industry
Engineering & Construction
Exchange
UQ
CEO
Joseph A. Cutillo
Headquarters
The Woodlands, TX, US
IPO Date
Jul 12, 1991
Employees
4,400
Website
www.strlco.com

Key Metrics

Price
$533.42
Market Cap
$16.37B
Revenue (TTM)
$825.67M
Net Income (TTM)
$95.97M
EPS (TTM)
3.13
P/E (TTM)
47.22
P/B (TTM)
13.76
Dividend Yield
0.00%
ROE (TTM)
8.07%
ROA (TTM)
3.45%
Operating Margin
17.16%
Beta
2.27

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Sterling Infrastructure, Inc. operates across three distinct business segments: transportation, e-infrastructure, and building solutions. The company's operations span a significant portion of the United States, including the Southern, Northeastern, and Mid-Atlantic regions, as well as the Rocky Mountain states, California, and Hawaii. Within its transportation division, Sterling specializes in developing and rehabilitating critical infrastructure. This includes projects such as highways, roads, bridges, airports, ports, and light rail systems, alongside essential water, wastewater, and storm drainage solutions. Their clients in this sector range from state departments of transportation and regional transit authorities to airport, port, and water authorities, as well as railway companies. Furthermore, Sterling delivers specialized site infrastructure development services. These projects cater to high-profile "blue-chip" clients operating within the e-commerce, data center, distribution and warehousing, and energy industries. The building solutions segment focuses on concrete work for both residential and commercial applications. This encompasses foundations for single-family and multi-family residences, as well as parking structures, elevated slabs, and other custom concrete projects. Their client base here includes national, regional, and custom home builders, as well as developers and general contractors in the commercial sector. Originally established in 1955, the company operated as Sterling Construction Company, Inc. until its renaming to Sterling Infrastructure, Inc. in June 2022. Its corporate headquarters are located in The Woodlands, Texas.

Website
www.strlco.com
Location
The Woodlands, TX, US
Phone281 214 0800
Employees4,400
CEOJoseph A. Cutillo
Sector
Industrials
IndustryEngineering & Construction
IPO DateJul 12, 1991

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Latest Documents

SEC Filings(1.4K)

Expand
  • 4/AStatement of changes in beneficial ownership (amendment)21 Oct
  • 4Statement of changes in beneficial ownership7 Oct
  • 3Initial statement of beneficial ownership7 Oct
  • 8-KRegulation FD Disclosure5 Oct
  • 4Statement of changes in beneficial ownership23 Sep
  • SC 13G/ASTERLING INFRASTRUCTURE, INC.4 Sep
  • 4Statement of changes in beneficial ownership10 Aug
  • 10-QQ2ended 30 Jun 20264 Aug
  • 8-KResults of Operations and Financial Condition3 Aug
  • SC 13G/ASTERLING INFRASTRUCTURE, INC.30 Jul
  • 4Statement of changes in beneficial ownership14 Jul
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers10 Jul
  • 8-KEntry into a Material Definitive Agreement8 Jul
  • 4Statement of changes in beneficial ownership29 Jun
  • 144Wolf Mark D.25 Jun
  • 4Statement of changes in beneficial ownership22 Jun
  • 8-KRegulation FD Disclosure9 Jun
  • 4Statement of changes in beneficial ownership21 May
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers21 May
  • 8-KRegulation FD Disclosure12 May

News

  • Sterling Infrastructure (STRL) Registers a Bigger Fall Than the Market: Important Facts to Note23 Oct
  • Sterling vs. EMCOR: Which Infrastructure Giant Has the Edge Now?23 Oct
  • Down 27.4% in 4 Weeks, Here's Why You Should You Buy the Dip in Sterling Infrastructure (STRL)23 Oct
  • Ahead of Sterling Infrastructure (STRL) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics23 Oct
  • Sterling Infrastructure (STRL) Dips More Than Broader Market: What You Should Know22 Oct
  • Sterling Infrastructure (STRL) Earnings Expected to Grow: Should You Buy?21 Oct
  • The Ithaka Group Q3 2026 Portfolio Review21 Oct
  • Here's Why Sterling Infrastructure (STRL) is a Strong Growth Stock20 Oct
  • Can Sterling's Cash Generation Support Its Capital Allocation Plans?19 Oct
  • B. Riley Wealth Advisors Inc. Acquires New Stake in Sterling Infrastructure, Inc. $STRL17 Oct
  • Sterling Infrastructure (STRL) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now16 Oct
  • Sterling Infrastructure (STRL) Stock Dips While Market Gains: Key Facts15 Oct
  • Sterling Infrastructure, Inc. (STRL) Is a Trending Stock: Facts to Know Before Betting on It15 Oct
  • Sterling Schedules 2026 Third Quarter Release and Conference Call15 Oct
  • Sterling Infrastructure: Earnings Can Do All The Work From Here14 Oct
  • Sterling Infrastructure: A Long Growth Runway Ahead14 Oct
  • Sterling Infrastructure: 50% Pullback, Improving Fundamentals14 Oct
  • Why Sterling Infrastructure (STRL) Dipped More Than Broader Market Today12 Oct
  • Can Sterling's Transportation Margins Improve Despite Lower Revenues?12 Oct
  • Will Sterling Infrastructure (STRL) Beat Estimates Again in Its Next Earnings Report?9 Oct

Mentions in Filings

  • … Arthur Andersen LLP, where he held leadership positions, including Global Managing Partner of Business Process Outsourcing and Office Managing Partner. Mr. White served as Chairman of the Board of Directors of <strong>Sterling Infrastructure, Inc.</strong> from 2019 to 2024, and has served as a member of the board of directors of JPW Industries, a private industrial machinery company. Mr. White holds a B.B.A. in Accountancy from Western Michigan University and an …
    Hub Group, Inc.Sterling Infrastructure, Inc.·8-K - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers·Q4 26·2 Oct
  • … Arthur Andersen LLP, where he held leadership positions including Global Managing Partner of Business Process Outsourcing and Office Managing Partner. Mr. White served as Chairman of the Board of Directors of <strong>Sterling Infrastructure, Inc.</strong> (Nasdaq: STRL) from 2019 to 2024, and has served as a member of the board of directors of JPW Industries, a private industrial machinery company. Mr. White holds a B.B.A. in Accountancy from Western Michigan Un …
    Hub Group, Inc.Sterling Infrastructure, Inc.·EX-99.2 - 8-K - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers·Q4 26·2 Oct
  • … nVent Electric plc † | | 1% | | 37 | | 146.13 | | 5,407 | | SBGSY | Schneider Electric SE (ADR) † | | 1% | | 97 | | 55.73 | | 5,406 | | SNA | Snap-on Incorporated | | 1% | | 15 | | 368.91 | | 5,534 | | STRL | <strong>Sterling Infrastructure, Inc.</strong> \* | | 1% | | 13 | | 412.96 | | 5,368 | | UNP | Union Pacific Corporation | | 1% | | 19 | | 287.87 | | 5,470 | | VRT | Vertiv Holdings Co (Class A) | | 1% | | 25 | | 212.15 | | 5,304 | | VLVLY | Volvo AB (ADR) …
    FT 13295Sterling Infrastructure, Inc.·487 - FORM S-6 TO EFFECTIVE AMENDMENT·Q4 26·22 Oct
  • … 9.1700 | 8,390.04 | | | 61 | Jacobs Solutions, Inc. | 142.4900 | 8,691.89 | | + | 58 | Johnson Controls International plc | 151.0200 | 8,759.16 | | | 14 | Quanta Services, Inc. | 601.1400 | 8,415.96 | | | 21 | <strong>Sterling Infrastructure, Inc.</strong> | 412.9600 | 8,672.16 | | | 30 | Union Pacific Corporation | 287.8700 | 8,636.10 | | | 8 | United Rentals, Inc. | 1,068.9800 | 8,551.84 | | | | **Information Technology - 16.73%** | | | | | 47 | Arista Networks …
    Invesco Unit Trusts Series 2503Sterling Infrastructure, Inc.·487 - VKUT 2503·Q4 26·22 Oct
  • … | SMERY | ​ | Siemens Energy AG (4) | ​ | 0.80 | ​ | ​ | 29.11 | ​ | ​ | 2,911 | ​ | | 6 | ​ | SXI | ​ | Standex International Corporation | ​ | 0.43 | ​ | ​ | 260.62 | ​ | ​ | 1,564 | ​ | | 4 | ​ | STRL | ​ | <strong>Sterling Infrastructure, Inc.</strong> (3) | ​ | 0.45 | ​ | ​ | 412.25 | ​ | ​ | 1,649 | ​ | | 19 | ​ | TPC | ​ | Tutor Perini Corporation | ​ | 0.41 | ​ | ​ | 77.90 | ​ | ​ | 1,480 | ​ | ​ | | | | --- | --- | | Investment Summary | 9 | **60/40 A …
    Advisors Disciplined Trust 2364Sterling Infrastructure, Inc.·S-6/A - Registration statement (unit investment trusts, amendment)·Q4 26·21 Oct
  • … | Mueller Water Products, Inc. | | 4% | | 309 | | 21.65 | | 6,690 | | NWPX | NWPX Infrastructure, Inc. \* | | 4% | | 68 | | 98.15 | | 6,674 | | PNR | Pentair plc † | | 4% | | 125 | | 53.45 | | 6,681 | | STRL | <strong>Sterling Infrastructure, Inc.</strong> \* | | 4% | | 15 | | 446.25 | | 6,694 | | TTEK | Tetra Tech, Inc. | | 4% | | 192 | | 34.78 | | 6,678 | | VMI | Valmont Industries, Inc. | | 4% | | 15 | | 451.33 | | 6,770 | | VLTO | Veralto Corporation | | 4% | …
    FT 13288Sterling Infrastructure, Inc.·487 - FORM S-6 TO EFFECTIVE AMENDMENT·Q4 26·16 Oct

Key Stats

Trading

Px/Chg 1D$533.42 / +5.60%
Prev Close$460.03
% of 52Wk H48.37%
Avg Volume647.64K
Beta2.27
Mkt Cap16.37B
FD Mkt Cap14.93B

Float

Shrs Out/Float30.69M / 29.94M
Short Float0.04%
Days to Cover1.04
Stock Repurchased$12.28M

Current Valuation

EV16.20B
EV/EBITDA27.47
EV/Sales5.62
P/B13.76
P/S5.67
FCF Yield0.89%
ROE8.07%
ROA3.45%
Current Ratio1.10

Estimates

P/E47.22
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings82.0210.6623.3719.96185.55170.56
Price / Sales9.210.641.642.4321.5119.82
Price / Book Value8.482.395.246.3614.6613.76
Price / Free Cash Flow48.447.187.8212.35102.70112.16
ENTERPRISE VALUE METRICS
Enterprise Value8,378.71,444.33,172.94,861.616,210.316,204.6
Enterprise Value / Sales9.160.821.612.3021.4519.63
Enterprise Value / EBITDA47.786.7911.4410.76111.4198.52
Enterprise Value / EBIT56.518.9814.4312.68131.89114.56

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue15.2%1,414.41,769.41,972.22,115.82,490.0
Gross Income29.5%203.5274.6337.6426.1572.3
EBITDA37.3%142.3212.8277.3451.9505.4
EBIT41.1%108.1160.8219.9383.5428.3
Net Income46.7%62.6106.5138.7257.5290.2
EPS (Diluted)44.5%2.153.484.448.279.38
BALANCE SHEET
Cash & ST Inv56.7%64.8185.3471.6664.2390.7
Total Assets20.2%1,261.71,468.91,804.12,035.02,633.8
Total Liabilities14.1%901.4991.11,180.21,208.51,527.4
Total Shareholder Equity32.6%358.8474.6618.9808.11,108.5
CASH FLOW
Net Operating Cash Flow29%158.9219.1478.6497.1440.0
Cap Ex13.5%-46.7-60.9-64.4-81.0-77.3
Free Cash Flow34.1%112.3158.2414.2416.2362.7

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)357.59
Basic Shares30.69
Market Cap10,973.0
Diluted Shares31.04
Fully Diluted Shares Outstanding31.04
Fully Diluted Market Cap11,098.9
+Consolidated Debt342.2
−In-the-Money Convertible Debt—
+Capital Leases54.7
+Operating Leases—
−Cash & Equivalents-511.9
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest5.7
+Pension Liabilities—
Enterprise Value10,809.0

Segment data

Revenue

by Products and services

  • E-infrastructure Solutions Segment59%
  • Transportation Solutions Segment26%
  • Building Solutions Segment15%

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