Sterling Infrastructure, Inc. (STRL)
Sterling Infrastructure, Inc. engages in the provision of e-infrastructure, transportation, and building solutions in the United States. It operates through three segments: E-Infrastructure, Transportation, and Building Solutions. The E-Infrastructure Solutions segment provides site development services for the blue-chip end users in the e-commerce distribution center, data center, manufacturing, warehousing, and power generation sectors. Its Transportation Solutions segment is involved in the development of infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, rail, and storm drainage systems for the departments of transportation, regional transit, airport, port, water, and railroads authorities. The Building Solutions segment offers residential and commercial concrete foundations for single-family and multi-family homes, parking structures, elevated slabs, and other concrete work for developers and general contractors, as well as plumbing and surveys services for residential builds. It operates in the United States, primarily across the Southern, Northeastern, Mid-Atlantic and Rocky Mountain regions, and the Pacific Islands. 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.
- Ticker
- STRL
- Exchange
- Nasdaq
- Sector
- Industrials
- Industry
- Engineering & Construction
- Market cap
- $7.74B
- 52-week range
- $239.36 - $1005.68
Valuation
- Share price
- $252.82 (close of Nov 6, 2026)
- P/E (TTM)
- 13.98x
- Price to book
- 4.98x
- Price to free cash flow
- 16.41x
- Enterprise value
- $7.69B
- Book value per share
- $50.82
Price performance
| Period | Change |
|---|---|
| 1 day | +3.47% |
| 5 days | -26.91% |
| 1 month | -55.15% |
| 3 months | -52.84% |
| 6 months | -71.47% |
| Year to date | -17.44% |
| 1 year | -34.95% |
| 3 years | +239.22% |
| 5 years | +830.17% |
| 10 years | +3,574.71% |
| All time | +10,012.80% |
Short interest
- As of
- Oct 15, 2026
- Short % of float
- 4.82%
- Shares short
- 1.27M
- Days to cover
- 2.04
- Change since prior report
- +9.35%
- Source
- FINRA consolidated short interest
Members of Congress who disclosed STRL trades
Gilbert Ray Cisneros · Josh Gottheimer
Super investors holding STRL
Stephen Mandel (Lone Pine Capital LLC) · Ken Griffin (Citadel) · Ray Dalio (Bridgewater Associates)
Profitability and growth
- Return on equity
- 26.22%
- Return on invested capital
- 21.09%
- Return on assets
- 11.02%
- Return on capital employed
- 25.19%
- Gross margin
- 22.98%
- Net margin
- 11.65%
- EBITDA margin
- 19.40%
- Revenue growth
- 17.69%
- Net income growth
- 12.70%
- Free cash flow growth
- -12.85%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 6.09%
- Current ratio
- 1.04x
- Net debt to EBITDA
- -0.06x
Latest reported year
- Period end
- Dec 31, 2025
- Fiscal year
- 2025
- Revenue
- $2.49B
- Cost of revenue
- $1.92B
- Gross profit
- $572.31M
- EBITDA
- $483.03M
- Net income
- $290.15M
- Earnings per share
- $9.50
- Shares outstanding
- 30.54M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|---|---|---|---|
| 2025-12-31 | $2.49B | $572.31M | $290.15M | $9.50 |
| 2024-12-31 | $2.12B | $426.12M | $257.46M | $8.35 |
| 2023-12-31 | $1.97B | $337.64M | $138.66M | $4.51 |
| 2022-12-31 | $1.77B | $274.57M | $106.46M | $3.53 |
| 2021-12-31 | $1.41B | $203.53M | $62.65M | $2.19 |
| 2020-12-31 | $1.23B | $179.63M | $42.31M | $1.52 |
| 2019-12-31 | $1.13B | $107.79M | $40.70M | $1.50 |
| 2018-12-31 | $1.04B | $110.33M | $29.54M | $0.94 |
| 2017-12-31 | $957.96M | $89.09M | $11.62M | $0.44 |
| 2016-12-31 | $690.12M | $42.06M | -$9.24M | -$0.40 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|---|---|---|---|
| 2025-12-31 | 22.98% | 11.65% | 26.22% | 21.09% |
| 2024-12-31 | 20.14% | 12.17% | 31.15% | 14.82% |
| 2023-12-31 | 17.12% | 7.03% | 22.23% | 15.45% |
| 2022-12-31 | 15.52% | 6.02% | 22.28% | 12.19% |
| 2021-12-31 | 14.39% | 4.43% | 17.39% | 9.87% |
| 2020-12-31 | 14.64% | 3.45% | 15.74% | 11.18% |
| 2019-12-31 | 9.57% | 3.61% | 18.40% | 5.64% |
| 2018-12-31 | 10.63% | 2.85% | 17.15% | 15.26% |
| 2017-12-31 | 9.30% | 1.21% | 7.95% | 11.03% |
| 2016-12-31 | 6.09% | -1.34% | -8.55% | -4.17% |
Cash and debt by year
| Period end | Cash | Debt |
|---|---|---|
| 2025-12-31 | $390.72M | $275.90M |
| 2024-12-31 | $664.20M | $289.90M |
| 2023-12-31 | $471.56M | $315.00M |
| 2022-12-31 | $181.54M | $398.74M |
| 2021-12-31 | $60.95M | $428.51M |
| 2020-12-31 | $47.66M | $291.25M |
| 2019-12-31 | $45.73M | $390.63M |
| 2018-12-31 | $94.09M | $79.12M |
| 2017-12-31 | $83.95M | $86.16M |
| 2016-12-31 | $42.78M | $1.55M |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|---|---|
| 2025-12-31 | $362.68M | $24.18M |
| 2024-12-31 | $416.15M | $19.00M |
| 2023-12-31 | $414.20M | $14.62M |
| 2022-12-31 | $158.21M | $12.73M |
| 2021-12-31 | $112.28M | $11.77M |
| 2020-12-31 | $90.03M | $11.64M |
| 2019-12-31 | $26.67M | $3.79M |
| 2018-12-31 | $26.30M | $3.06M |
| 2017-12-31 | $15.35M | $2.84M |
| 2016-12-31 | $33.39M | $1.81M |
Investor relations
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|---|---|
| 2026-10-28 | Sep 2026 | $5.80 |
| 2026-08-03 | Jun 2026 | $5.00 |
| 2026-05-04 | Mar 2026 | $2.08 |
| 2026-02-25 | Dec 2025 | $2.52 |
| 2025-11-03 | Sep 2025 | $2.66 |
| 2025-08-04 | Jun 2025 | $2.13 |
| 2025-05-05 | Mar 2025 | $1.46 |
| 2025-02-25 | Dec 2024 | $1.34 |
Filings and sources
- Company website
- strlco.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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Understanding these figures
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