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Sterling Infrastructure, Inc. STRL Building Solutions — Goodwill

Other segment segments

E-Infrastructure Solutions
$482.12M+188%
Transportation Solutions
$34.43M0.0%

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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$24.69B+277%
Enterprise value$24.53B+295%
P/E71.2×+48.3×
P/S8.6×+5.5×

Profitability

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Gross margin23.3%+2.2pp
Operating margin16.9%+3.7pp
Net margin12%-0.6pp
FCF margin15.3%-6.3pp

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

Reported directly by Sterling Infrastructure, Inc. in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Sterling Infrastructure, Inc.’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sterling Infrastructure, Inc.'s building solutions — goodwill?
Sterling Infrastructure, Inc. (STRL) reported building solutions — goodwill of $68.68M in Q4 2025.
How has Sterling Infrastructure, Inc.'s building solutions — goodwill changed year-over-year?
Sterling Infrastructure, Inc.'s building solutions — goodwill increased by 9.9% year-over-year, from $62.51M to $68.68M.
What does building solutions — goodwill mean?
This represents the total carrying value of goodwill associated with the Building Solutions business segment. It reflects the premium paid over the fair value of net identifiable assets during acquisitions within this specific construction vertical. This balance is subject to periodic impairment testing to ensure it does not exceed its recoverable amount.