Sterling Infrastructure, Inc. logo

Sterling Infrastructure, Inc.

STRLNASDAQStock Fundamentals

Sterling Infrastructure, Inc. is a leading provider of diversified infrastructure solutions specializing in large-scale site development, transportation systems, and residential building services. The company focuses on mission-critical projects and high-margin alternative delivery methods to drive bottom-line growth across the United States. Its value proposition centers on schedule assurance for complex projects and a disciplined approach to risk management in civil construction.

Market Cap$23.7B
Revenue TTM$2.9B
Net Income TTM$346.6M
P/E Ratio68.23
Net Margin12.02%
EPS TTM$11.19
Free Cash Flow TTM$441.7M
Employees3.0K
CEOJoseph A. Cutillo
CountryUnited States of America
Industrials
Engineering & Construction
SegmentsEngineering & Construction, Infrastructure, Specialty Contracting
Business ModelsFixed-unit price contracting, Lump sum contracting, Cost-reimbursable contracting
Most Recent EarningsMay 4, 2026 · 16 days agoQ1 2026
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Next EarningsAug 3, 2026 · in 2 monthsAfter Market Close · Q2 2026

Financials

Based on Q1 2026 filing

Gross Margin23.29%
Op. Margin16.9%
ROE34.75%
D/E28.79%
Current Ratio1.10
Total Debt$342.5M
Cash$511.9M
CapEx TTM$79.0M

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

E-Infrastructure Solutions

primary

Provides advanced site development and mission-critical electrical and mechanical services for large-scale industrial facilities. This segment focuses on high-growth sectors requiring rapid execution and technical expertise.

Products

Large-scale site development, Mission-critical electrical services, Mechanical services, Power generation site work

Customers

Data center operators, Semiconductor manufacturers, E-commerce and distribution companies, Warehousing developers

Transportation Solutions

major

Focuses on the construction and rehabilitation of vital infrastructure including highways, bridges, and aviation facilities. The segment has transitioned from low-bid heavy highway work toward higher-margin alternative delivery projects.

Products

Highway and road construction, Bridge rehabilitation, Airport infrastructure, Rail systems, Storm drainage systems, Piling and shoring

Customers

State Departments of Transportation, Regional transit authorities, Airport authorities, Port and water authorities, Railroad companies

Building Solutions

moderate

Delivers concrete and plumbing services for the residential and commercial construction markets. It supports both single-family homebuilders and developers of multi-family or commercial structures.

Products

Residential concrete foundations, Commercial parking structures, Elevated slabs, Plumbing services, Land surveys

Customers

National home builders, Regional home builders, Commercial developers, General contractors

Segment Financials

E-Infrastructure Solutions Revenues — Total Assets

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E-Infrastructure Solutions Revenues — Cost of revenues

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E-Infrastructure Solutions Revenues — General and Administrative Expense

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Heavy Highway — Revenue from Contract with Customer, Excluding Assessed Tax

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Transportation Solutions Revenues — Revenue from Contract with Customer, Excluding Assessed Tax

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Transportation Solutions Revenues — Cost of revenues

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Building Solutions Revenues — Cost of revenues

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Building Solutions Revenues — Revenue from Contract with Customer, Excluding Assessed Tax

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Building Solutions Revenues — Depreciation

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Business Overview

Competitive Position

Sterling positions itself as a mid-level market leader, targeting projects too large for local contractors but smaller than those pursued by massive international firms.

Geographies

United States, Pacific Islands

Customer Segments

Government Agencies, Enterprise Industrial, Residential Developers

Upstream Dependencies

Cement and aggregate suppliers, Steel and lumber producers, Liquid asphalt and fuel providers, Surety and bonding companies

Downstream Customers

Public infrastructure agencies, Hyperscale data center providers, Industrial manufacturers, Residential real estate developers

Competitors & Partners

Partners

R

Road and Highway Builders, LLC

Unconsolidated 50% owned joint venture entity accounted for under the equity method

Subsidiaries

C

CEC Facilities Group, LLC

Specialty electrical and mechanical contractor acquired in 2025

C

CCS

Concrete services business acquired to expand residential operations

P

PPG

Plumbing services provider acquired to expand Building Solutions

Sterling Infrastructure, Inc. logo

Sterling Infrastructure, Inc. FAQ

Common questions about Sterling Infrastructure, Inc.

Sterling Infrastructure, Inc. is a leading provider of diversified infrastructure solutions specializing in large-scale site development, transportation systems, and residential building services. The company focuses on mission-critical projects and high-margin alternative delivery methods to drive bottom-line growth across the United States. Its value proposition centers on schedule assurance for complex projects and a disciplined approach to risk management in civil construction.

Sterling Infrastructure, Inc. (STRL) has a market capitalization of $23.7B and trades on NASDAQ.

Sterling Infrastructure, Inc. generated $2.9B in trailing twelve-month revenue with net income of $346.6M, representing a net margin of 12.0%. Gross margin stands at 23.3%, with free cash flow of $441.7M. These figures are based on the Q1 2026 filing.

Sterling Infrastructure, Inc.'s key competitors include Quanta Services, Inc., AECOM, Fluor Corporation, and others. These companies compete in similar markets and product categories.

Sterling Infrastructure, Inc. has approximately 3,000 employees.