Sterling Infrastructure, Inc. logo

Sterling Infrastructure, Inc.

STRL

NASDAQIndustrialsEngineering & Construction

Previous close

$516.81

−$3.72 · -0.71%

Aug 21, 4:00 PM ET

Pre-market

$510

−$6.81 · -1.32%

Aug 24, 8:35 AM ET

STRL company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

30

Expensive

Momentum

43

Neutral

Sentiment

73

Bullish

Risk resilience

38

High Risk

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Company profile

Company website

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.

Industry
Engineering & Construction
Sector
Industrials
Headquarters
US
CEO
Joseph A. Cutillo
Listed since
Jul 12, 1991
Employees
4,400

Market position

Day range

Current $516.81

52-week range

Current $516.81

Open
$531.98
Previous close
$520.53
Volume
419.93K
0.56× average
Average volume
751.44K
Average daily volume
Market cap
15.86B USD
Beta
1.89
Market reference 1
50-day average
$677.81
-23.75% below average
200-day average
$517.25
-0.08% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
36.84×
P/B (TTM)
11.68×
P/S (TTM)
4.61×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
23.59%
Operating margin
18.06%
Net margin
12.55%

Financial health

Debt / equity
0.25×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends25%17%10%3%Gross margin, FY2021: 14.39%Gross margin, FY2022: 15.52%Gross margin, FY2023: 17.12%Gross margin, FY2024: 20.14%Gross margin, FY2025: 22.98%Operating margin, FY2021: 7.57%Operating margin, FY2022: 9.08%Operating margin, FY2023: 10.44%Operating margin, FY2024: 12.75%Operating margin, FY2025: 16.61%Net margin, FY2021: 4.43%Net margin, FY2022: 6.02%Net margin, FY2023: 7.03%Net margin, FY2024: 12.17%Net margin, FY2025: 11.65%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 14.39%. Gross margin FY2022 15.52%. Gross margin FY2023 17.12%. Gross margin FY2024 20.14%. Gross margin FY2025 22.98%. Operating margin FY2021 7.57%. Operating margin FY2022 9.08%. Operating margin FY2023 10.44%. Operating margin FY2024 12.75%. Operating margin FY2025 16.61%. Net margin FY2021 4.43%. Net margin FY2022 6.02%. Net margin FY2023 7.03%. Net margin FY2024 12.17%. Net margin FY2025 11.65%.

Income trends

Revenue

2.49B USD+17.69%

Operating income

413.51M USD+53.27%

Net income

290.15M USD+12.70%
Income trends across reported periods2.73B USD1.76B USD790.87M USD−180.1M USDRevenue, FY2021: 1.41B USDRevenue, FY2022: 1.77B USDRevenue, FY2023: 1.97B USDRevenue, FY2024: 2.12B USDRevenue, FY2025: 2.49B USDOperating income, FY2021: 107.01M USDOperating income, FY2022: 160.7M USDOperating income, FY2023: 206M USDOperating income, FY2024: 269.8M USDOperating income, FY2025: 413.51M USDNet income, FY2021: 62.65M USDNet income, FY2022: 106.46M USDNet income, FY2023: 138.66M USDNet income, FY2024: 257.46M USDNet income, FY2025: 290.15M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.41B USD. Revenue FY2022 1.77B USD. Revenue FY2023 1.97B USD. Revenue FY2024 2.12B USD. Revenue FY2025 2.49B USD. Operating income FY2021 107.01M USD. Operating income FY2022 160.7M USD. Operating income FY2023 206M USD. Operating income FY2024 269.8M USD. Operating income FY2025 413.51M USD. Net income FY2021 62.65M USD. Net income FY2022 106.46M USD. Net income FY2023 138.66M USD. Net income FY2024 257.46M USD. Net income FY2025 290.15M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue2.49B USD2.12B USD1.97B USD1.77B USD1.41B USD
Cost of goods sold1.92B USD1.69B USD1.63B USD1.49B USD1.21B USD
Gross profit572.31M USD426.12M USD337.64M USD274.57M USD203.53M USD
Selling, general, and administrative154.81M USD118.42M USD98.7M USD86.48M USD69.15M USD
Operating expenses158.8M USD156.32M USD131.64M USD113.87M USD96.52M USD
Interest income22.35M USD27.62M USD14.14M USD885K USD45K USD
Interest expense19.79M USD25.26M USD29.32M USD20.59M USD19.31M USD
Depreciation and amortization77.11M USD68.41M USD57.4M USD52.07M USD34.2M USD
Operating income413.51M USD269.8M USD206M USD160.7M USD107.01M USD
Net income290.15M USD257.46M USD138.66M USD106.46M USD62.65M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
11 beats, 0 misses, 0 met estimates
Average EPS surprise
+21.96%
11 comparable reports
Latest EPS result
5.8
Estimate 5.01 · Beat by 15.77%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates6.494.72.911.11Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual 1.46, estimate 1.31, surprise +11.45%, Beat. Q2 2025, reported May 5, 2025: actual 1.63, estimate 1.46, surprise +11.64%, Beat. Q3 2025, reported Aug 4, 2025: actual 2.69, estimate 2.26, surprise +19.03%, Beat. Q4 2025, reported Nov 3, 2025: actual 3.48, estimate 2.79, surprise +24.73%, Beat. Q1 2026, reported Feb 25, 2026: actual 3.08, estimate 2.62, surprise +17.56%, Beat. Q2 2026, reported May 4, 2026: actual 3.59, estimate 2.28, surprise +57.46%, Beat. Q3 2026, reported Aug 3, 2026: actual 5.8, estimate 5.01, surprise +15.77%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate 6.11, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.23B936.97M642.55M348.14MQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual 498.83M USD, estimate 531.25M USD, surprise -6.10%, Miss. Q2 2025, reported May 5, 2025: actual 430.95M USD, estimate 409.05M USD, surprise +5.35%, Beat. Q3 2025, reported Aug 4, 2025: actual 614.47M USD, estimate 554.35M USD, surprise +10.84%, Beat. Q4 2025, reported Nov 3, 2025: actual 689.02M USD, estimate 621.27M USD, surprise +10.90%, Beat. Q1 2026, reported Feb 25, 2026: actual 755.61M USD, estimate 640.27M USD, surprise +18.01%, Beat. Q2 2026, reported May 4, 2026: actual 825.68M USD, estimate 603.58M USD, surprise +36.80%, Beat. Q3 2026, reported Aug 3, 2026: actual 1.17B USD, estimate 969.22M USD, surprise +20.53%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate 1.17B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$731.2

41.48% upside
Past 12 months12-month forecastHigh $950Average $731.2Low $510

Rating distribution

9 ratings
Strong buy00%
Buy778%
Hold222%
Sell00%
Strong sell00%

Recent analyst actions

3 institutions

STRL news

Corporate actions

Corporate action history

Dividend

Ex-dividend Dec 23, 1998

$0.001

Irregular

STRL peers

ETFs holding STRL

Funds reporting this stock among their holdings, ordered by reported position size.

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