Sterling Infrastructure, Inc. (STRL) — Financial statements
Income statement, balance sheet, and cash flow for Sterling Infrastructure, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,490↑17.7% | 2,116↑7.3% | 1,972↑11.5% | 1,769↑25.1% | 1,414 | |
| Cost of Revenue | 1,940↑14.8% | 1,690↑3.4% | 1,635↑9.3% | 1,495↑23.5% | 1,211 | |
| Gross Profit | 550↑29.1% | 426↑26.2% | 338↑23.0% | 275↑34.9% | 204 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 155↑30.7% | 118↑20.0% | 99↑14.1% | 86↑25.1% | 69 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 155↑30.7% | 118↑20.0% | 99↑14.1% | 86↑25.1% | 69 | |
| Other Expenses | -19↓143.9% | 43↑30.0% | 33↑17.4% | 28↑3.1% | 27 | |
| Operating Expenses | 136↓15.9% | 162↑22.5% | 132↑14.9% | 115↑18.8% | 97 | |
| Total Costs & Expenses | 2,076↑12.1% | 1,851↑4.8% | 1,766↑9.7% | 1,610↑23.1% | 1,307 | |
| Operating Results | ||||||
| Operating Income | 414↑56.5% | 265↑28.6% | 206↑28.7% | 160↑49.4% | 107 | |
| Depreciation & Amortization | 77↑12.7% | 68↑19.2% | 57↑10.3% | 52↑52.2% | 34 | |
| EBITDA | 505↑11.8% | 452↑63.0% | 277↑30.3% | 213↑49.5% | 142 | |
| EBIT | 428↑11.7% | 384↑74.4% | 220↑36.8% | 161↑48.7% | 108 | |
| Interest & Other Income | ||||||
| Net Interest Income | 3↑8.2% | 2↑115.6% | -15↑23.0% | -20↓2.3% | -19 | |
| Interest Income | 22↓19.1% | 28↑95.3% | 14↑1497.7% | 0.89↑1866.7% | 0.05 | |
| Interest Expense | 20↓21.7% | 25↓13.9% | 29↑42.4% | 21↑6.6% | 19 | |
| Non-Operating Income | -14↑88.2% | -119↓741.0% | -14↓1497.7% | -0.89↑20.2% | -1 | |
| Other Income / Expenses | -6↓106.2% | 94↑717.0% | -15↑23.0% | -20↓8.3% | -18 | |
| Income Before Tax | 408↑14.0% | 358↑88.0% | 191↑36.0% | 140↑57.8% | 89 | |
| Income Tax Expense | 99↑13.0% | 87↑82.9% | 48↑14.5% | 42↑67.7% | 25 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 310↑14.3% | 271↑89.7% | 143↑45.1% | 98↑54.0% | 64 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00↓100.0% | 10↑720.2% | 1 | |
| Net Income | 290↑12.7% | 257↑85.7% | 139↑30.2% | 106↑69.9% | 63 | |
| Bottom-Line Net Income | 290↑12.7% | 257↑85.7% | 139↑30.2% | 106↑69.9% | 63 | |
| EPS (Basic) | 9.50↑13.8% | 8.35↑85.1% | 4.51↑27.8% | 3.53↑61.2% | 2.19 | |
| EPS (Diluted) | 9.38↑13.4% | 8.27↑86.3% | 4.44↑27.6% | 3.48↑61.9% | 2.15 | |
| Weighted Average Shares | 31↓0.9% | 31↑0.2% | 31↑1.8% | 30↑5.6% | 29 | |
| Weighted Average Diluted Shares | 31↓0.6% | 31↓0.2% | 31↑2.1% | 31↑5.0% | 29 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.