Sterling Construction Company Inc
NASDAQ: STRL · INDUSTRIALS · ENGINEERING & CONSTRUCTION
Updated 2026-06-05
Sterling Construction Company Inc (STRL) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $169.22M | $277.45M | $291.51M | $385.74M | $367.13M | $303.83M | $331.51M | $286.76M | $306.45M | $266.17M | $301.82M | $463.30M | $482.57M | $949.77M | $982.39M | $1.26B | $1.47B | $1.80B | $2.03B | $2.63B |
| Cash & equivalents | $28.47M | $80.65M | $55.30M | $54.41M | $49.44M | $16.37M | $3.14M | $1.87M | $22.84M | $6.43M | $44.78M | $86.55M | $98.00M | $50.53M | $72.69M | $64.77M | $185.26M | $471.56M | $664.20M | $390.72M |
| Current assets | $107.41M | $142.95M | $152.72M | $189.19M | $176.33M | $164.02M | $164.76M | $114.48M | $156.97M | $134.92M | $175.91M | $278.53M | $302.62M | $357.52M | $361.54M | $434.69M | $597.25M | $847.98M | $1.02B | $1.03B |
| Total liabilities | $78.23M | $132.47M | $126.10M | $131.09M | $87.98M | $72.14M | $118.92M | $153.97M | $165.30M | $170.41M | $193.73M | $317.11M | $310.31M | $728.56M | $713.66M | $901.45M | $991.13M | $1.18B | $1.21B | $1.53B |
| Current liabilities | $44.53M | $60.89M | $57.60M | $75.31M | $69.05M | $69.28M | $77.27M | $105.80M | $104.65M | $104.65M | $146.59M | $182.29M | $179.17M | $293.50M | $321.88M | $351.76M | $446.61M | $678.17M | $741.96M | $1.02B |
| Long-term debt | $30.66M | $65.56M | $55.48M | $40.41M | $336000.00 | $263000.00 | $24.20M | $8.33M | $37.02M | $15.32M | $1.55M | $86.16M | $79.12M | $390.63M | $291.25M | $428.59M | $398.74M | $315.00M | $289.90M | $275.90M |
| Shareholder equity | $90.99M | $138.61M | $159.12M | $230.77M | $250.43M | $213.31M | $210.15M | $128.89M | $133.69M | $95.84M | $107.43M | $141.33M | $164.40M | $219.92M | $267.27M | $358.77M | $474.60M | $618.91M | $808.08M | $1.11B |
| Retained earnings | $-23.75M | $-9.30M | $8.76M | $32.71M | $51.55M | $16.51M | $12.22M | $-62.32M | $-72.10M | $-92.50M | $-101.74M | $-90.12M | $-64.93M | $-25.03M | $17.27M | $79.92M | $186.38M | $325.03M | $582.50M | $872.65M |
| Accounts receivable | $46.54M | $54.60M | $60.58M | $82.62M | $77.05M | $80.93M | $102.41M | $95.05M | $121.45M | $121.95M | $123.97M | $182.42M | $197.29M | $272.75M | $279.05M | $285.82M | $386.57M | $358.54M | $340.30M | $501.16M |
| Inventory | $965000.00 | $1.24M | $1.04M | $1.23M | $1.48M | $1.92M | $3.73M | $6.19M | $7.40M | $2.54M | $3.71M | $4.62M | $3.16M | $1.00 | $1.00 | $1.00 | — | — | — | — |
| Goodwill | $12.73M | $57.23M | $57.23M | $114.75M | $114.75M | $54.05M | $54.82M | $54.82M | $54.82M | $54.82M | $54.82M | $85.23M | $85.23M | $191.89M | $192.01M | $258.29M | $262.69M | $281.12M | $264.60M | $585.22M |
Frequently asked questions
What is Sterling Construction Company Inc's revenue?
Sterling Construction Company Inc's trailing twelve-month revenue is $2.88B, and consensus projects about $9.84B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is STRL?
In its most recent fiscal year, STRL ran a gross margin of 22.98%, an operating margin of 16.61%, and a net margin of 11.65%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does STRL generate?
STRL produced $362.68M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is STRL's balance sheet healthy?
STRL holds $390.72M in cash and equivalents against $275.90M in long-term debt, on $1.11B of shareholder equity. Cash on hand exceeds long-term debt, so the balance sheet adds little financial risk to the thesis.