# Sterling Infrastructure, Inc. Common Stock (STRL) — Stock CV

Sterling Infrastructure, Inc. is a $15.7B industrial company. Revenue grew 60.8% over the last year, it keeps 13¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 36.4× earnings — in the most expensive third of its own history.

> Sterling Infrastructure Inc operates through subsidiaries within three segments: E-Infrastructure, Transportation, and Building Solutions in the United States, mainly across the Southern, Northeastern, Mid-Atlantic, and Rocky Mountain regions and the Pacific Islands.

## Identity

- **Ticker**: STRL
- **Sector**: Industrials
- **Industry**: Heavy Construction Other Than Bldg Const - Contractors
- **Headquarters**: THE WOODLANDS, TX
- **Employees**: 4 400
- **Website**: https://www.strlco.com
- **Market cap**: $15.7B
- **Last price**: $513.70
- **Financial profile**: Strong

## Vitals (TTM)

- **Revenue**: $3.44B
- **Net income**: $431M
- **Free cash flow**: $482M
- **Net cash**: $115M
- **P/E**: 36.4
- **Revenue growth (YoY)**: 60.8%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 44 |
| Growth | 95 |
| Profitability | 90 |
| Health | 87 |
| Quality | 92 |
| Moat | 50 |

## Qualifications (beginner checklist) — 10 of 10 passed

- [x] Revenue growing — +60.8% YoY
- [x] Profitable — $431M TTM
- [x] Profit growing — +39.1% YoY
- [x] Generates cash — $482M TTM
- [x] Debt under control — more cash than debt
- [x] Established company — $15.7B market cap
- [x] Not printing shares — +9.8% shares over ~5y
- [x] Proven track record — 9/10 profitable years
- [x] Financially stable — Altman Z 6.9 — safe
- [x] Valuation not extreme — P/E 36.4

## Experience (career milestones)

- **FY2025** — Best year on record: $290M net income
- **FY2018** — Revenue crossed $1B: $1.04B for the year
- **FY2018** — Became debt-free: cash now exceeds total debt
- **FY2017** — Turned profitable: $11.6M net income after a loss year
- **FY2016** — Positive free cash flow every year since: 10-year streak

## Strengths

- Revenue growing 60.8% year over year
- Net cash position after subtracting debt from cash
- Interest covered 13.6× by operating earnings
- High returns on invested capital (ROIC 29.2%)
- Piotroski F-Score 7/9 — fundamentally strong checklist

## Watch-outs

- Loss-making in 1 of the recent years

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $1.58B | $62.6M | $105M |
| FY2022 | $1.77B | $106M | $158M |
| FY2023 | $1.97B | $139M | $414M |
| FY2024 | $2.12B | $257M | $416M |
| FY2025 | $2.49B | $290M | $363M |

---

Source: https://stockcv.com/STRL — derived from company filings; may be delayed or incomplete. Information, not investment advice.