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Net debt / EBITDA at other companies

Quanta Services logo
Quanta ServicesPWR
2.2×+0.3×
Hubbell logo
HubbellHUBB
1.2×+0.5×
EMCOR Group logo
EMCOR GroupEME
-0.2×+0.4×
APi Group logo
APi GroupAPG
3.2×-1.0×
United Rentals logo
United RentalsURI
3.8×+0.4×
Eaton Corporation logo
Eaton CorporationETN
0.4×-0.8×

Other financials

Income statement

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Revenue$825.7M+91.6%
Gross profit$194.3M+105%
Operating income$137.8M+146%
Net income$96.0M+143%
EPS (diluted)$3.09+141%

Balance sheet

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Cash & equivalents$511.9M-19.9%
Total debt$342.5M-4.6%
Total equity$1.2B+47.7%
Total assets$2.8B+36.8%

Cash flow

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Operating cash flow$165.6M+95.1%
CapEx$19.6M+9.5%
Free cash flow$145.9M+118%

Valuation

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Market cap$25.72B+263%
Enterprise value$25.55B+290%
P/E74.2×+47.5×
P/S8.9×+5.6×

Profitability

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Gross margin23.3%+2.2pp
Operating margin16.9%+3.7pp
Net margin12%-0.6pp

Returns & leverage

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Return on equity34.8%-1.9pp
Debt / equity0.3×-0.2×
Current ratio1.1×-0.2×

Where this comes from

Calculated from Sterling Infrastructure, Inc.’s reported figures.

Based on the most recent quarter.

The official record: Sterling Infrastructure, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sterling Infrastructure, Inc.'s net debt / EBITDA?
Sterling Infrastructure, Inc. (STRL) reported net debt / EBITDA of -0.3× in Q1 2026.
How has Sterling Infrastructure, Inc.'s net debt / EBITDA changed year-over-year?
Sterling Infrastructure, Inc.'s net debt / EBITDA increased by 63.1% year-over-year, from -0.8× to -0.3×.
What is the long-term trend for Sterling Infrastructure, Inc.'s net debt / EBITDA?
Over 4 years (2021 to 2025), Sterling Infrastructure, Inc.'s net debt / EBITDA has grown at a -32.5% compound annual growth rate (CAGR), from 8.2× to -1.7×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.