Sterling Infrastructure, Inc. (STRL)

Sterling Infrastructure Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	390.72	664.2	471.56	181.54	60.95
Cash & Short-Term Investments	390.72	664.2	471.56	181.54	60.95
Cash Growth	-41.17%	40.85%	159.75%	197.88%	-7.92%
Accounts Receivable	608.5	308.25	358.54	386.57	285.82
Other Receivables	-	32.05	-	-	-
Receivables	608.5	340.3	358.54	386.57	285.82
Restricted Cash	-	-	-	3.72	3.82
Other Current Assets	35.25	17.38	17.88	25.42	84.11
Total Current Assets	1,034	1,022	847.98	597.25	434.69
Property, Plant & Equipment	336.44	289.46	300.88	274.9	213.37
Long-Term Investments	105.81	107.4	-	-	-
Goodwill	585.22	264.6	281.12	262.69	258.29
Other Intangible Assets	554.7	316.39	328.4	299.12	303.22
Other Long-Term Assets	17.2	17.04	18.81	7.65	25.2
Total Assets	2,634	2,017	1,777	1,442	1,235
Accounts Payable	226.81	130.42	145.97	121.89	112.75
Accrued Expenses	62.66	36.77	27.76	24.14	20.42
Current Portion of Long-Term Debt	15.01	26.3	26.33	32.46	25.66
Current Portion of Leases	18.82	20.63	19.84	19.86	6.71
Current Unearned Revenue	652.36	508.85	444.16	239.3	118.67
Other Current Liabilities	46.81	19	14.12	8.97	67.56
Total Current Liabilities	1,022	741.96	678.17	446.61	351.76
Long-Term Debt	275.67	289.53	314.5	398.66	428.28
Long-Term Leases	40.42	32.83	38.22	40.18	13.29
Long-Term Deferred Tax Liabilities	123.15	109.36	76.76	51.66	18.43
Other Long-Term Liabilities	65.71	16.63	45.68	26.71	62.78
Total Liabilities	1,527	1,190	1,153	963.82	874.55
Common Stock	0.32	0.31	0.31	0.31	0.3
Additional Paid-In Capital	366.1	288.4	293.57	287.91	280.27
Retained Earnings	872.65	582.5	325.03	186.38	79.92
Treasury Stock	-130.55	-63.12	-	-	-
Comprehensive Income & Other	-	-	-	-	-1.72
Total Common Equity	1,109	808.08	618.91	474.6	358.77
Minority Interest	-2.08	18.4	4.94	3.2	1.46
Shareholders' Equity	1,106	826.48	623.85	477.8	360.23
Total Liabilities & Equity	2,634	2,017	1,777	1,442	1,235
Total Debt	349.91	369.27	398.88	491.16	473.94
Net Cash (Debt)	40.81	294.92	72.68	-309.62	-413
Net Cash Growth	-86.16%	305.76%	-	-	-
Net Cash Per Share	1.32	9.47	2.33	-10.13	-14.19
Filing Date Shares Outstanding	30.64	30.6	30.93	30.59	29.84
Total Common Shares Outstanding	30.68	30.67	30.93	30.59	29.84
Working Capital	12.01	279.92	169.81	150.64	82.93
Book Value Per Share	36.13	26.35	20.01	15.52	12.02
Tangible Book Value	-31.41	227.09	9.4	-87.22	-202.75
Tangible Book Value Per Share	-1.02	7.40	0.30	-2.85	-6.79
Land	2.17	2.17	3.05	3.4	3.4
Buildings	30.22	20.48	21.33	20.5	19.07
Machinery	466.64	390.72	409.27	349	299.84
Order Backlog	3,310	1,830	-	-	-

Updated Feb 25, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q