NASDAQ:STRL
Sterling Infrastructure, Inc.
Sterling Infrastructure, Inc.'s revenue grew 17.7% in fiscal 2025 to $2.5B while operating margin rose to 16.3%, its highest in 10 years. Free cash flow was $362.7M, 14.6% of revenue, and the diluted share count fell 0.6%.Summary generated from Sterling Infrastructure, Inc.'s SEC filings. Latest annual report filed Feb 26, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$2.5B
Revenue growth+17.7%
Revenue, 5-yr CAGR+15.2%
Gross margin23.0%
Operating margin16.3%
Net margin11.7%
ROIC43.7%
Return on equity30.3%
Debt / equity0.26
Free cash flow$362.7M
FCF margin14.6%
Share count change−0.6%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 1,414 | 1,769 | 1,972 | 2,116 | 2,490 |
| Operating income | 107 | 160 | 206 | 265 | 406 |
| Net income | 63 | 106 | 139 | 257 | 290 |
| Free cash flow | 112 | 158 | 414 | 416 | 363 |
Recent filings
- 4Insider transaction report
Oct 7, 2026 - 8-KRegulation FD disclosure
Oct 5, 2026 - 4Insider transaction report
Sep 23, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 4, 2026 - 8-KResults of operations and financial condition
Aug 3, 2026 - 8-KDirector or officer change
Jul 10, 2026 - 8-KEntry into a material agreement
Jul 8, 2026 - 8-KRegulation FD disclosure
Jun 9, 2026