Discontinued — last reported Q4 '24
Sterling Infrastructure, Inc. Transportation Solutions — Interest income (expense), net remained flat by 0.0% to $1.27M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 75.6%, from $724.25K to $1.27M. Over 2 years (FY 2022 to FY 2024), Transportation Solutions — Interest income (expense), net shows an upward trend with a 201.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
A shift toward higher net interest expense may indicate increased debt financing for segment operations, while higher net income suggests improved cash management.
The net result of interest-bearing assets and liabilities allocated to the Transportation Solutions segment. It reflects...
Standard segment-level financial reporting; peers in the construction industry often allocate corporate debt interest to segments to show true operational profitability.
strl_segment_transportation_solutions_interest_income_expense_net| FY'22 | FY'23 | FY'24 | |
|---|---|---|---|
| Value | $558.00K | $2.90M | $5.09M |
| YoY Change | — | +419.2% | +75.6% |