Sterling Construction

Sterling Infrastructure, Inc. engages in the provision of construction solutions. It operates through the following segments: Transportation Solutions, E-Infrastructure Solutions, and Building Solutions. The Transportation Solutions segment includes infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, light rail, water, wastewater, and storm drainage systems. The E-Infrastructure Solutions projects develop advanced, large-scale site development systems and services for data centers, e-commerce distribution centers, warehousing, transportation, energy, and more. The Building Solutions segment projects include residential and commercial concrete foundations for single-family and multi-family homes, parking structures, elevated slabs, and other concrete work. The company was founded in 1955 and is headquartered in The Woodlands, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Sterling Construction reports robust earnings, eyes growth in key sectors

Sterling Construction's strong financial performance in 2022 positions it well for continued growth in 2023. With a focus on key segments and strategic acquisitions, the company aims to navigate challenges and capitalize on emerging opportunities.

Sterling Construction posts strong Q1 results, eyes margin improvements

Sterling Construction delivers robust Q1 performance amidst supply chain challenges.
Segment-wise revenue growth and margin improvements highlight operational strengths.
Challenges include margin pressures in Building Solutions and resource reallocation.
Opportunities lie in aviation work surge, higher-margin projects, and backlog expansion.

Sterling Construction reports strong Q2 earnings, eyes growth opportunities

Sterling Construction (STRL) delivered a robust performance in Q2 2023, marked by revenue growth, increased operating income, and strong guidance for the full year.
The company's focus on operational efficiency, technology investments, and diversified revenue streams underpin its growth strategy and value creation for shareholders.
While facing challenges like supply chain disruptions, Sterling Construction remains well-positioned to capitalize on opportunities in the construction sector and drive sustainable growth.
Management's emphasis on financial discipline, debt management, and strategic investments reflects a proactive approach to navigating industry dynamics and delivering long-term shareholder value.

Sterling Construction (STRL) reports robust Q3 earnings and raises full-year guidance

Sterling Construction's Q3 results reflect strong financial performance, operational excellence, and strategic growth initiatives.
The company's increased backlog, revenue growth, and improved earnings guidance position it well for future success and value creation.
With a focus on diverse solutions and market sectors, Sterling Construction is poised to capitalize on growth opportunities and deliver shareholder value.
Robust operating cash flow and solid financial position underscore the company's resilience and ability to navigate market challenges effectively.

Sterling Construction reports robust 2023 growth and optimistic 2024 outlook

Sterling Construction (STRL) delivered strong financial results in Q4 2023 and full year 2023, showcasing growth in adjusted EPS, revenue, and operating cash flow.
While facing challenges in the E-Infrastructure segment, the company's Transportation and Building Solutions segments demonstrated robust performance and growth drivers.
Management's strategic focus on expansion, acquisitions, and operational improvements, coupled with a positive outlook for 2024, underlines Sterling Construction's commitment to sustained success.

Sterling Construction (STRL) reports record Q1 earnings and raises guidance

Sterling Construction's Q1 2024 performance reflects robust financial metrics, strong revenue growth, and increased backlog across its key segments, positioning the company for continued success.
While facing operational challenges in managing the growing backlog and maintaining profitability, Sterling Construction's focus on safety, efficiency, and strategic growth initiatives presents opportunities for sustained performance.
With a positive outlook for 2024 and confidence in achieving higher-end financial targets, Sterling Construction remains well-equipped to navigate industry dynamics and drive value for stakeholders.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Sterling Infrastructure is benefitting from long-term AI tailwinds, with double-digit revenue growth and margin expansion. The company is involved in e-infrastructure, transportation, and building solutions, with a focus on custom solutions for customers. Strong financial performance, growth opportunities in e-infrastructure, and a solid capital allocation framework make Sterling Infrastructure a buy.

Sterling Infrastructure: The Picks And Shovels To The Future Of AI

Comfort Systems USA

United Therapeutics

Identifying undervalued growth stocks to buy presents a compelling opportunity for savvy investors. Often overlooked or misunderstood by the broader market, these companies can potentially deliver outsized returns for investors.

3 Undervalued Stocks on Track to Double (or More) by 2028

EMCOR Group

Stride

The stock market offers both seasoned investors and newcomers opportunities for substantial gains. As we delve into the second half of 2024, identifying promising stocks to buy becomes an exciting yet calculated gamble.

The 3 Most Promising Stocks Worth Gambling On in 2024

In the closing of the recent trading day, Sterling Infrastructure (STRL) stood at $119.33, denoting a +1% change from the preceding trading day.

Why Sterling Infrastructure (STRL) Outpaced the Stock Market Today

Arista Networks

Modine Manufacturing

Morningstar.com recently discussed how GE Aerospace (NYSE: GE ) stock has skyrocketed over the past 12 months, gaining 86%, with more than half the gains in 2024. Apparently momentum plays like GE have become the stocks to buy entering the second half of the year.

3 Stocks to Buy That Are Up 100% Over the Past 52 Weeks

Gates Industrial

Amid macroeconomic headwinds, the public sector is encouraging for the industry. Let's find out whether Gates (GTES) or Sterling (STRL) is a better Engineering - R and D Services stock.

Gates (GTES) vs. Sterling (STRL): Which is a More Profitable Pick?

Here is how Sterling Infrastructure (STRL) and Babcock International Group PLC (BCKIY) have performed compared to their sector so far this year.

Is Sterling Infrastructure, Inc. (STRL) Stock Outpacing Its Construction Peers This Year?

First Solar

As the November election approaches, investors continue their search for the best stocks to buy. Economic trends and policy shifts often drive investors' decision-making processes, but a group of underappreciated contenders deserves more attention.

3 Secret Stocks That Could Surge 50% Before the November Election

Atmos Energy

Cabot

Tenet Healthcare

A company that is capable of generating earnings well above its interest expense can withstand financial hardship. THC, STRL, ATO and CBT are sound enough to meet financial obligations.

Buy These 4 Stocks With Remarkable Interest Coverage Ratio

Sterling Infrastructure (STRL) reachead $114.03 at the closing of the latest trading day, reflecting a -0.74% change compared to its last close.

Sterling Infrastructure (STRL) Stock Dips While Market Gains: Key Facts

Howmet Aerospace

Investors with an interest in Engineering - R and D Services stocks have likely encountered both Sterling Infrastructure (STRL) and Howmet (HWM). But which of these two stocks offers value investors a better bang for their buck right now?

STRL vs. HWM: Which Stock Is the Better Value Option?

Burlington Stores

Dropbox

DaVita

MGM Resorts

Top-ranked stocks MGM Resorts International (MGM), Burlington Stores (BURL), Sterling Infrastructure Inc (STRL), Dropbox (DBX) and DaVita (DVA) are likely to beat on the bottom line in their upcoming releases.

Play Likely Earnings Beat With These 5 Top-Ranked Stocks

Sterling Infrastructure stock has outperformed the market significantly in the past year. Sterling has capitalized on the AI data center build out, and it can still expand further into other growth verticals. Its combined backlog provides significant potential revenue visibility, lowering execution risks.

Sterling Infrastructure: Keep On Riding Your Winners

Here is how Sterling Infrastructure (STRL) and Tutor Perini (TPC) have performed compared to their sector so far this year.

Is Sterling Infrastructure, Inc. (STRL) Outperforming Other Construction Stocks This Year?

Intuit

Leidos Hld

A company capable of generating earnings well above its interest expense can withstand financial hardship. LDOS, STRL, ATO and INTU are sound enough to meet financial obligations.

4 Stocks That Boast an Attractive Interest Coverage Ratio

Here are three Zacks Engineering-R and D Services Industry stocks that currently sport a Zacks Rank #2 (Buy) and have seen their stocks soar in 2024.

3 Stocks to Buy Among the Top-Rated Zacks Engineering-R and D Services Industry

Sterling Infrastructure (STRL) possesses solid growth attributes, which could help it handily outperform the market.

3 Reasons Growth Investors Will Love Sterling Infrastructure (STRL)

Investors with an interest in Engineering - R and D Services stocks have likely encountered both Sterling Infrastructure (STRL) and Howmet (HWM). But which of these two stocks is more attractive to value investors?

STRL or HWM: Which Is the Better Value Stock Right Now?

AeroVironment

Celestica

Gigacloud Tech

Lasertec Corp

SkyWest

Growth stocks are some of the best bets you can make in the market due to the momentum in their business. Growth showcases strong demand and execution, and the market will happily slap a higher and higher premium for this growth as long as it is there.

7 Great Growth Stocks You Need to Own Before 2025

ACM Research

Science Applications International

Are you on the lookout for investment opportunities that could potentially yield substantial returns? If so, cheap mid-cap stocks often represent an untapped gold mine for discerning investors.

3 Cheap Mid-Cap Stocks That Will Make Early Investors Filthy Rich

A company capable of generating earnings well above its interest expense can withstand financial hardship. LDOS, STRL, ATO and CBT are sound enough to meet financial obligations.

Scoop Up These 4 Stocks With Amazing Interest Coverage Ratio

Here is how Sterling Infrastructure (STRL) and Taylor Morrison Home (TMHC) have performed compared to their sector so far this year.

Are Construction Stocks Lagging Sterling Infrastructure, Inc. (STRL) This Year?

THE WOODLANDS, Texas , May 15, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company")  today announced the promotion of Sharon Villaverde to the roles of Chief Financial Officer (CFO) and Chief Accounting Officer (CAO), effective May 13, 2024. Sharon is succeeding Ron Ballschmiede, who has served as Sterling's Executive Vice President, CFO and CAO since November 2015.

Sterling Announces Planned 2024 Executive Transitions - Sharon Villaverde Appointed Chief Financial Officer and Chief Accounting Officer

Does Sterling Infrastructure (STRL) have what it takes to be a top stock pick for momentum investors? Let's find out.

Sterling Infrastructure (STRL) is a Great Momentum Stock: Should You Buy?

Sterling Infrastructure (STRL) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

News for Sterling Construction Stock (STRL)