Sterling Infrastructure, Inc.

Sterling Infrastructure, Inc.

STRLยทNASDAQ

$957.03

+9.3%
IndustrialsEngineering & Construction

Sterling Infrastructure, Inc. engages in the transportation, e-infrastructure, and building solutions primarily in the Southern United States, the Northeastern and Mid-Atlantic United States, the Rocky Mountain states, California, and Hawaii. It undertakes infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, light rail, water, wastewater, and storm drainage systems for the departments of transportation in various states, regional transit authorities, airport authorities, port authorities, water authorities and railroads. The company also provides specialty site infrastructure improvement contracting services for blue-chip end users in the e-commerce, data center, distribution center and warehousing, and energy sectors. In addition, it undertakes residential and commercial concrete foundations for single-family and multi-family homes, parking structures, elevated slabs, and other concrete work for national home builders, regional and custom home builders, and developers and general contractors in commercial markets. The company was formerly known as Sterling Construction Company, Inc. and changed its name to Sterling Infrastructure, Inc. in June 2022. Sterling Infrastructure, Inc. was founded in 1955 and is headquartered in The Woodlands, Texas.

At a Glance

Live Snapshot
Market Cap$29.37B
EPS9.5000
P/E Ratio100.74
Earnings Date08/03/2026
3Y+101.0%
5Y+258.0%
10Y+889.0%
3Y+515.0%
5Y+1710.0%
10Y+6652.0%
3Y+393.0%
5Y+130.0%
10Y-8042.0%
STRL

Sterling Infrastructure, Inc. Cash Conversion Engine

STRL ยท NASDAQ
Net Income309.73M
Depreciation & Amortization77.11M
Stock-Based Compensation24.18M
Change in Working Capital9.36M
Others5.82M
Capital Expenditures-77.31M
Free Cash Flow362.68M

Cash Flow Quality Analysis

FCF Conversion Rate

117.1%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

17.6%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-12.8%

Declining FCF warrants attention. Investigate whether due to temporary factors or fundamental deterioration.

Working Capital Impact

+$9.36M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

Sterling Infrastructure, Inc. Cash Flow Statement

STRL โ€ข NASDAQ

Sterling Infrastructure, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
309.7M
270.9M
142.8M
108.2M
65.1M
42.9M
39.9M
29.5M
15.8M
-7.4M
-17.2M
-5.2M
-70M
17.7M
-34.7M
26.2M
25.5M
18.1M
14.5M
13.3M
77.1M
68.4M
57.4M
52.1M
34.2M
32.8M
20.7M
16.8M
17M
16M
16.5M
18.3M
18.7M
19M
17.3M
15.8M
13.7M
13.2M
9.5M
7M
13.8M
32.6M
14.7M
36.5M
21.4M
19.4M
-27.4M
1.5M
-3.3M
-2.2M
-2.8M
-1.8M
5.2M
-1.2M
-18.7M
3.9M
4.5M
8.9M
6.6M
6.3M
24.2M
19M
14.6M
12.7M
11.8M
11.6M
0.0
3.1M
2.8M
1.8M
1.6M
849K
928K
694K
503K
595K
586K
0.0
0.0
0.0
5.8M
-93.6M
-3.6M
-19.8M
-1.2M
2.3M
11.8M
2.7M
4.2M
1.8M
1.6M
849K
-1.9M
-3M
67.5M
3.1M
470K
-701K
901K
1.2M
(0.0)
(53.1M)
(36.9M)
(5.6M)
(3.1M)
(4.7M)
(0.0)
(276K)
(279K)
(72K)
(547K)
(1K)
(170K)
(3M)
(1.4M)
(3.7M)
(7M)
(0.0)
(0.0)
(0.0)
9.4M
199.8M
252.5M
29.5M
27.6M
13.9M
-3.9M
-14M
-13.6M
34.4M
9.3M
-23.5M
25.6M
-8.4M
-10.9M
-2.5M
3.1M
-13.9M
-1.5M
-3.6M
440M
497.1M
478.6M
219.1M
158.9M
122.9M
41.1M
39.5M
23M
44.5M
9M
-10.5M
-21.6M
24.8M
21M
47.1M
47.9M
26.7M
29.5M
23.7M
INVESTING ACTIVITIES
-77.3M
-81M
-64.4M
-60.9M
-46.7M
-32.9M
-15.4M
-13.2M
-9.4M
-10.9M
-8.1M
-13.5M
-14.9M
-37.4M
-24M
-13.4M
-5.3M
-19.9M
-26.3M
-27.1M
-482.3M
-11.2M
-37.2M
-33.8M
-180.9M
(0.0)
-395M
(1.8M)
-54.9M
(2.7M)
(8.5M)
(0.0)
(0.0)
-23.1M
-12.1M
(0.0)
-60.5M
(0.0)
-49.3M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-4.9M
(0.0)
-1.6M
-30.2M
-109.3M
-137.5M
-71.4M
-24.3M
-123.8M
-144.2M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
49.9M
26.7M
101.4M
140.5M
56.8M
0.0
149.9M
118M
7.7M
-93.7M
13.8M
4.9M
4.1M
2.4M
0.0
1.8M
8.4M
2.7M
3.6M
6.1M
6.8M
12.5M
1.3M
1.6M
85K
1.3M
1.6M
5.6M
-551.9M
-185.8M
-87.8M
-89.8M
-223.4M
-30.5M
-410.4M
-11.4M
-55.9M
-8.2M
-4.5M
-7.4M
(40.1M)
-51.5M
-42.7M
-8.9M
-80.2M
-42.9M
-47.9M
-47.6M
FINANCING ACTIVITIES
-74.2M
-70.6M
0.0
0.0
0.0
0.0
-3.2M
-4.7M
0.0
19.1M
0.0
14M
0.0
0.0
-3.6M
1.1M
47.1M
96K
35M
28M
-24.9M
-26.5M
-90.9M
-23.4M
91.7M
-77.7M
331.7M
-11.6M
80.3M
-15M
-19.1M
26.8M
-16.2M
24M
0.0
-40.1M
-15.1M
-10.1M
-129K
7.6M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-7.8M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-74.2M
-70.6M
(0.0)
(0.0)
(0.0)
(0.0)
-3.2M
-4.7M
(0.0)
(0.0)
(0.0)
(0.0)
-3.6M
(0.0)
-3.6M
(0.0)
(0.0)
-142K
(0.0)
(0.0)
-62.5M
-21.5M
-13.6M
-9.4M
-11.2M
7.4M
-7.6M
-1.7M
-6.2M
-1.9M
-3.8M
-1.9M
-3.6M
-10.5M
-7.8M
-4.2M
-559K
860K
35.7M
-5.5M
-161.5M
-118.6M
-104.5M
-32.8M
80.6M
-70.3M
320.9M
-18M
74.1M
2M
-22.9M
38.9M
-19.8M
13.5M
-11.4M
-43.2M
31.5M
-9.1M
70.6M
30.1M
CASH FLOW SUMMARY
0.0
0.0
0.0
0.0
0.0
0.0
900K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-273.5M
192.6M
286.3M
96.6M
16.1M
22.1M
-47.5M
10.1M
41.2M
38.4M
-18.4M
21M
-1.3M
-13.2M
-33.1M
-5M
-899K
-25.3M
52.2M
6.2M
664.2M
471.6M
185.3M
88.7M
72.6M
50.6M
98M
84M
42.8M
4.4M
22.8M
1.9M
3.1M
16.4M
49.4M
54.4M
55.3M
80.6M
28.5M
22.3M
390.7M
664.2M
471.6M
185.3M
88.7M
72.6M
50.5M
94.1M
84M
42.8M
4.4M
22.8M
1.9M
3.1M
16.4M
49.4M
54.4M
55.3M
80.6M
28.5M
362.7M
416.2M
414.2M
158.2M
112.3M
90M
25.7M
26.3M
13.6M
33.6M
883K
-24M
-36.5M
-12.6M
-3M
33.7M
42.6M
6.8M
3.2M
-3.3M

SEC Filings

STRL - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 21, 2026
May 20, 2026
2026
8-K

8-K 2026

N/A

May 12, 2026
May 12, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 05, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 04, 2026
May 04, 2026
2026
8-K

8-K 2026

N/A

April 08, 2026
April 08, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 25, 2026
May 07, 2026
2026
10-K

10-K 2025 FY

FY

February 26, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 25, 2026
February 25, 2026
2026
8-K

8-K 2025

N/A

November 12, 2025
November 12, 2025
2025
Showing 1 to 10 of 474 filings