STRL Stock - Sterling Infrastructure, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $2.12B | $1.97B | $1.77B | $1.41B | $1.23B |
| Gross Profit | $426.12M | $337.64M | $274.57M | $203.53M | $179.63M |
| Gross Margin | 20.1% | 17.1% | 15.5% | 14.4% | 14.6% |
| Operating Income | $264.62M | $205.79M | $159.87M | $107.01M | $92.61M |
| Net Income | $257.46M | $138.66M | $106.46M | $62.65M | $42.31M |
| Net Margin | 12.2% | 7.0% | 6.0% | 4.4% | 3.4% |
| EPS | $8.35 | $4.51 | $3.53 | $2.19 | $1.52 |
Sterling Infrastructure, Inc. engages in the transportation, e-infrastructure, and building solutions primarily in the Southern United States, the Northeastern and Mid-Atlantic United States, the Rocky Mountain states, California, and Hawaii. It undertakes infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, light rail, water, wastewater, and storm drainage systems for the departments of transportation in various states, regional transit authorities, airport authorities, port authorities, water authorities and railroads. The company also provides specialty site infrastructure improvement contracting services for blue-chip end users in the e-commerce, data center, distribution center and warehousing, and energy sectors. In addition, it undertakes residential and commercial concrete foundations for single-family and multi-family homes, parking structures, elevated slabs, and other concrete work for national home builders, regional and custom home builders, and developers and general contractors in commercial markets. The company was formerly known as Sterling Construction Company, Inc. and changed its name to Sterling Infrastructure, Inc. in June 2022. Sterling Infrastructure, Inc. was founded in 1955 and is headquartered in The Woodlands, Texas.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| February 27th 2025 | DA Davidson | Upgrade | Buy | $185 |
| January 17th 2025 | William Blair | Initiation | Outperform | - |
| February 28th 2024 | DA Davidson | Downgrade | Neutral | $115← $86 |
Earnings History & Surprises
STRLEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 4, 2026 | — | — | — | — |
Q1 2026 | Feb 24, 2026 | $2.63 | — | — | — |
Q4 2025 | Nov 3, 2025 | $2.79 | $3.48 | +24.7% | ✓ BEAT |
Q3 2025 | Aug 4, 2025 | $2.26 | $2.69 | +19.0% | ✓ BEAT |
Q2 2025 | May 5, 2025 | $1.58 | $1.63 | +3.2% | ✓ BEAT |
Q1 2025 | Feb 25, 2025 | $1.31 | $1.46 | +11.5% | ✓ BEAT |
Q4 2024 | Nov 7, 2024 | $1.71 | $1.97 | +15.2% | ✓ BEAT |
Q3 2024 | Aug 5, 2024 | $1.42 | $1.67 | +17.6% | ✓ BEAT |
Q2 2024 | May 6, 2024 | $0.77 | $1.00 | +29.9% | ✓ BEAT |
Q1 2024 | Feb 26, 2024 | $1.00 | $1.28 | +28.0% | ✓ BEAT |
Q4 2023 | Nov 6, 2023 | $1.25 | $1.26 | +0.8% | ✓ BEAT |
Q3 2023 | Aug 7, 2023 | $0.93 | $1.27 | +36.6% | ✓ BEAT |
Q2 2023 | May 1, 2023 | $0.56 | $0.64 | +14.3% | ✓ BEAT |
Q1 2023 | Feb 27, 2023 | $0.68 | $0.66 | -2.9% | ✗ MISS |
Q4 2022 | Oct 31, 2022 | $0.87 | $0.97 | +11.5% | ✓ BEAT |
Q3 2022 | Aug 1, 2022 | $0.72 | $0.86 | +19.4% | ✓ BEAT |
Q2 2022 | May 2, 2022 | $0.42 | $0.65 | +54.8% | ✓ BEAT |
Q1 2022 | Feb 28, 2022 | $0.37 | $0.47 | +27.0% | ✓ BEAT |
Q4 2021 | Nov 2, 2021 | $0.58 | $0.72 | +24.1% | ✓ BEAT |
Q3 2021 | Aug 2, 2021 | $0.52 | $0.69 | +32.7% | ✓ BEAT |
Latest News
Sterling Authorizes New $400M Stock Repurchase Program
📈 PositiveSterling Infrastructure Will Replace Light & Wonder In The S&P MidCap 400 And Red Rock Resorts Will Replace Sterling Infrastructure In The S&P SmallCap 600 Effective Prior To The Opening Of Trading On Thursday, November 13
➖ NeutralSterling Infrastructure shares are trading higher after DA Davidson raised its price target on the stock to $460 from $355 and maintained a Buy rating.
📈 PositiveDA Davidson Maintains Buy on Sterling Infrastructure, Raises Price Target to $460
📈 PositiveSTRL stock has given up its prior gain. Sterling Infrastructure shares were trading higher after the company reported Q3 EPS and sales above expectations and raised FY2025 adjusted EPS and sales guidance.
➖ NeutralSterling Infrastructure shares are trading higher after the company reported Q3 EPS and sales above expectations and raised FY2025 adjusted EPS and sales guidance.
📈 PositiveSterling Infrastructure shares are trading higher after the company reported Q3 EPS and sales above expectations and raised FY2025 adjusted EPS and sales guidance.
📈 PositiveSterling Infrastructure Raises FY2025 GAAP EPS Guidance from $7.87-$8.13 to $8.73-$8.87 vs $8.11 Est
📈 PositiveSterling Infrastructure Non-GAAP EPS of $3.48 beats by $0.64, revenue of $689M beats by $70.2M
📈 PositiveSterling Infrastructure Raises FY2025 Adj EPS Guidance from $9.43-$9.71 to $10.35-$10.52 vs $8.10 Est; Raises FY2025 Sales Guidance from $2.230B-$2.290B to $2.375B-$2.390B vs $2.255B Est
📈 PositiveSterling Infrastructure Q3 Adj. EPS $3.48 Beats $2.48 Estimate, Sales $689.019M Beat $621.273M Estimate
📈 PositiveTexas Capital Securities Initiates Coverage On Sterling Infrastructure with Hold Rating, Announces Price Target of $348
➖ NeutralSterling Infrastructure shares are trading higher after the company raised it FY25 guidance and adj EPS.
📈 PositiveSterling Infrastructure Raises FY2025 Revenue Guidance To $2.23B-$2.29B From $2.1B-$2.15B Vs. $2.123B Est.
📈 PositiveFrequently Asked Questions about STRL
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