Sterling Infrastructure Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	306.4	664.2	471.56	181.54	60.95	66.19
Cash & Short-Term Investments	306.4	664.2	471.56	181.54	60.95	66.19
Cash Growth	-52.73%	40.85%	159.75%	197.88%	-7.92%	44.72%
Accounts Receivable	604	308.25	358.54	386.57	285.82	279.05
Other Receivables	-	32.05	-	-	-	-
Receivables	604	340.3	358.54	386.57	285.82	279.05
Restricted Cash	-	-	-	3.72	3.82	6.46
Other Current Assets	52.76	17.38	17.88	25.42	84.11	9.85
Total Current Assets	963.15	1,022	847.98	597.25	434.69	361.54
Property, Plant & Equipment	332.27	289.46	300.88	274.9	213.37	143.18
Long-Term Investments	108.51	107.4	-	-	-	-
Goodwill	580.56	264.6	281.12	262.69	258.29	192.01
Other Intangible Assets	561.72	316.39	328.4	299.12	303.22	244.89
Other Long-Term Assets	16.06	17.04	18.81	7.65	25.2	11.07
Total Assets	2,562	2,017	1,777	1,442	1,235	952.69
Accounts Payable	198.32	130.42	145.97	121.89	112.75	95.2
Accrued Expenses	62.03	36.77	27.76	24.14	20.42	18.01
Current Portion of Long-Term Debt	15.02	26.3	26.33	32.46	25.66	81.67
Current Portion of Leases	21.11	20.63	19.84	19.86	6.71	7.78
Current Unearned Revenue	616.27	508.85	444.16	239.3	118.67	114.02
Other Current Liabilities	54.03	19	14.12	8.97	67.56	5.2
Total Current Liabilities	966.79	741.96	678.17	446.61	351.76	321.88
Long-Term Debt	279.21	289.53	314.5	398.66	428.28	293.51
Long-Term Leases	43.86	32.83	38.22	40.18	13.29	9.33
Long-Term Deferred Tax Liabilities	118.62	109.36	76.76	51.66	18.43	-
Other Long-Term Liabilities	68.8	16.63	45.68	26.71	62.78	59.25
Total Liabilities	1,477	1,190	1,153	963.82	874.55	683.97
Common Stock	0.32	0.31	0.31	0.31	0.3	0.28
Additional Paid-In Capital	369.51	288.4	293.57	287.91	280.27	256.42
Retained Earnings	785.05	582.5	325.03	186.38	79.92	17.27
Treasury Stock	-103.75	-63.12	-	-	-	-1.45
Comprehensive Income & Other	-	-	-	-	-1.72	-5.26
Total Common Equity	1,051	808.08	618.91	474.6	358.77	267.27
Minority Interest	33.87	18.4	4.94	3.2	1.46	1.46
Shareholders' Equity	1,085	826.48	623.85	477.8	360.23	268.73
Total Liabilities & Equity	2,562	2,017	1,777	1,442	1,235	952.69
Total Debt	359.2	369.27	398.88	491.16	473.94	392.29
Net Cash (Debt)	-52.81	294.92	72.68	-309.62	-413	-326.1
Net Cash Growth	-	305.76%	-	-	-	-
Net Cash Per Share	-1.71	9.47	2.33	-10.13	-14.19	-11.57
Filing Date Shares Outstanding	30.72	30.6	30.93	30.59	29.84	28.21
Total Common Shares Outstanding	30.71	30.67	30.93	30.59	29.84	28.18
Working Capital	-3.65	279.92	169.81	150.64	82.93	39.66
Book Value Per Share	34.23	26.35	20.01	15.52	12.02	9.48
Tangible Book Value	-91.15	227.09	9.4	-87.22	-202.75	-169.63
Tangible Book Value Per Share	-2.97	7.40	0.30	-2.85	-6.79	-6.02
Land	2.17	2.17	3.05	3.4	3.4	3.89
Buildings	30.13	20.48	21.33	20.5	19.07	21.03
Machinery	443.72	390.72	409.27	349	299.84	234.81
Order Backlog	-	1,830	2,370	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.