Company Analysis

Sterling Infrastructure, Inc. (STRL)

Nasdaq: STRL · Heavy Construction Other Than Bldg Const - Contractors · The Woodlands, TX · filing with the SEC since 1995
Grade7.1
◀ Past 7.3● Present 7.0▶ Future 6.8

The grade of Sterling Infrastructure, Inc.

Nine metrics read from its own filings, by tense
Headline grade
7.1/10
◀ Past7.340% of the headline
● Present7.035% of the headline
▶ Future6.825% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

7.3/1040% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.9/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 79th percentile among 12 sector filers · read for itself

From the record

Sterling Infrastructure, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.5/10

What has it actually done, year after year?

+15.3% a year over 10 filed years; profitable in 9 of 10.

weight 45% of this tense · 75th percentile among 11 sector filers · read for its customers

From the record

Sterling Infrastructure, Inc.'s 10 filed years say what it did: revenue went from $690 million in fiscal 2016 to $2.5 billion in fiscal 2025, up 15.3% a year; it rose in 9 of 9 years; it never fell from a peak; net income was positive in 9 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span15.3%top 23% of its family
  • the share of years revenue rosetop 18% of its family
  • the share of filed years with a profittop 41% of its family
  • the deepest fall from a revenue peak0.0%top 18% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
6.0/10

How has it treated the people who own it?

Share count grew 0.4% a year. 10% of cash flow returned. Insiders: 12 sales, 0 purchases.

weight 22% of this tense · 60th percentile among 9 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Sterling Infrastructure, Inc.'s diluted share count grew about 0.4% a year, and dividends and buybacks returned about 10% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 12 sales (10 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-10-21 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 35% of its family
  • cash returned against operating cash flowtop 45% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

7.0/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
8.2/10

Is it financially healthy right now?

ROE 28%: 28¢ of profit per shareholder dollar. Leverage 58%: owes 58¢ per asset dollar.

weight 33% of this tense · 82nd percentile among 11 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Sterling Infrastructure, Inc. earned about 28 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 22 cents per dollar of everything the company owns. Leverage: it owed about 58 cents per dollar of assets, and net share issuance: its share count shrank 0.9% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 5% of its family
  • return on equitytop 6% of its family
  • gross profit against assetstop 28% of its family
  • the share count against the year beforetop 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.3/10

How strong is its position in its industry?

top 27% of 11 in its family; net margin 12.4%.

weight 45% of this tense · 73rd percentile among 11 sector filers · read for its customers

From the record

Sterling Infrastructure, Inc.'s standing among 11 graded names in its industry family: revenue of $2.5 billion in fiscal 2025 ranks in the bottom 45% by size; a net margin of 12.4% ranks in the top 5%; revenue growth of 12.1% a year over the last 3 filed years ranks in the top 23% (its annual reports).

What it rests on

  • revenue against the family$2.49Bbottom 45% of its family
  • net margin12.4%top 5% of its family
  • three-year revenue growth12.1%top 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
4.6/10

What are the people in charge doing?

bottom 46% of 8 in its family for leadership; chief executive since 2017.

weight 22% of this tense · 46th percentile among 8 sector filers · read for its shareholders

From the record

Sterling Infrastructure, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Cutillo, Joseph A (Chief Executive Officer, as filed), filing under that title since 2017-05-02, 9.5 years (top 19% of its family); the 13 officers and directors filing in the last fifteen months have been on the record a median of 5.2 years (bottom 44%); 14 officer or director changes were reported on Form 8-K since 2023-11-13, against the 13 people in charge now (bottom 14%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge14 in three years among 13 peoplebottom 14% of its family
  • the median years the people in charge have filed5.2 yearsbottom 44% of its family
  • the chief executive's years on the record9.5 yearstop 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.8/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
8.5/10

How much room does it have to grow?

top 15% of 10 in its family for room to expand.

weight 33% of this tense · 85th percentile among 10 sector filers · read for itself

From the record

Sterling Infrastructure, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $391 million against debt of $276 million leaves 4.4% of its assets as net cash, top 15% of its family; cash from operations less capital spending is 14.6% of revenue (top 14%); a gross margin of 23% (top 17%) (its annual report).

What it rests on

  • cash less debt against assets4.4%top 15% of its family
  • cash from operations less capital spending against revenue14.6%top 14% of its family
  • gross margin23.0%top 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.9/10

What could actually drive growth from here?

bottom 49% of 11 in its family for growth drivers.

weight 33% of this tense · 49th percentile among 11 sector filers · read for its customers

From the record

Sterling Infrastructure, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 12.1% a year over the last three filed years against 15.3% over all 10, slowing (bottom 5% of its family); the newest year grew 17.7% (top 23%); capital spending grew 8.3% a year (top 35%) (its annual reports). Sterling Infrastructure, Inc. reported 3 lines of business in fiscal 2025: E Infrastructure Solutions at $1.5 billion, Transportation Solutions at $641 million, Building Solutions at $383 million. 1 of 3 grew in the latest filed year, and the largest line is 59% of revenue (its annual report).

What it rests on

  • three-year growth against the whole span-3.3 points a yearbottom 5% of its family
  • the newest year's revenue growth17.7%top 23% of its family
  • three-year growth of capital spending8.3%top 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.2/10

Did its newest year beat what its own record pointed to?

top 28% of 10 in its family for expectations against reality.

weight 33% of this tense · 72nd percentile among 10 sector filers · read for its shareholders

From the record

Sterling Infrastructure, Inc.'s newest year against its own record: revenue of $2.5 billion in fiscal 2025 came in 7.6% above the $2.3 billion its prior three years' pace pointed to (top 25% of its family); net income of $310 million against a prior three-year average of $174 million (top 45%); a net margin of 12.4% against 8.7% before (top 15%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace7.6%top 25% of its family
  • net income against the prior three years' average+78%top 45% of its family
  • net margin against its prior average+3.7 pointstop 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton STRL · research, not advice