Sterling Infrastructure, Inc. (STRL)

Aspen Technology Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	699.37	664.2	471.56	181.54	60.95	66.19
Cash & Short-Term Investments	699.37	664.2	471.56	181.54	60.95	66.19
Cash Growth	29.52%	40.85%	159.75%	197.88%	-7.92%	44.72%
Accounts Receivable	407.41	308.25	358.54	386.57	285.82	279.05
Other Receivables	2.54	32.05	-	-	-	-
Receivables	409.95	340.3	358.54	386.57	285.82	279.05
Restricted Cash	-	-	-	3.72	3.82	6.46
Other Current Assets	22.98	17.38	17.88	25.42	84.11	9.85
Total Current Assets	1,132	1,022	847.98	597.25	434.69	361.54
Property, Plant & Equipment	289.28	289.46	300.88	274.9	213.37	143.18
Long-Term Investments	109.04	107.4	-	-	-	-
Goodwill	283.66	264.6	281.12	262.69	258.29	192.01
Other Intangible Assets	329.16	316.39	328.4	299.12	303.22	244.89
Other Long-Term Assets	17.45	17.04	18.81	7.65	25.2	11.07
Total Assets	2,161	2,017	1,777	1,442	1,235	952.69
Accounts Payable	159.26	130.42	145.97	121.89	112.75	95.2
Accrued Expenses	36.6	36.77	27.76	24.14	20.42	18.01
Current Portion of Long-Term Debt	15.03	26.3	26.33	32.46	25.66	81.67
Current Portion of Leases	18.33	20.63	19.84	19.86	6.71	7.78
Current Unearned Revenue	553.17	508.85	444.16	239.3	118.67	114.02
Other Current Liabilities	13.84	19	14.12	8.97	67.56	5.2
Total Current Liabilities	796.23	741.96	678.17	446.61	351.76	321.88
Long-Term Debt	282.75	289.53	314.5	398.66	428.28	293.51
Long-Term Leases	27.03	32.83	38.22	40.18	13.29	9.33
Long-Term Deferred Tax Liabilities	114.77	109.36	76.76	51.66	18.43	-
Other Long-Term Liabilities	28.73	16.63	45.68	26.71	62.78	59.25
Total Liabilities	1,250	1,190	1,153	963.82	874.55	683.97
Common Stock	0.31	0.31	0.31	0.31	0.3	0.28
Additional Paid-In Capital	287.6	288.4	293.57	287.91	280.27	256.42
Retained Earnings	692.96	582.5	325.03	186.38	79.92	17.27
Treasury Stock	-99.13	-63.12	-	-	-	-1.45
Comprehensive Income & Other	-	-	-	-	-1.72	-5.26
Total Common Equity	881.75	808.08	618.91	474.6	358.77	267.27
Minority Interest	29.63	18.4	4.94	3.2	1.46	1.46
Shareholders' Equity	911.37	826.48	623.85	477.8	360.23	268.73
Total Liabilities & Equity	2,161	2,017	1,777	1,442	1,235	952.69
Total Debt	343.14	369.27	398.88	491.16	473.94	392.29
Net Cash (Debt)	356.23	294.92	72.68	-309.62	-413	-326.1
Net Cash Growth	134.23%	305.76%	-	-	-	-
Net Cash Per Share	11.50	9.47	2.33	-10.13	-14.19	-11.57
Filing Date Shares Outstanding	30.42	30.6	30.93	30.59	29.84	28.21
Total Common Shares Outstanding	30.42	30.67	30.93	30.59	29.84	28.18
Working Capital	336.07	279.92	169.81	150.64	82.93	39.66
Book Value Per Share	28.99	26.35	20.01	15.52	12.02	9.48
Tangible Book Value	268.92	227.09	9.4	-87.22	-202.75	-169.63
Tangible Book Value Per Share	8.84	7.40	0.30	-2.85	-6.79	-6.02
Land	2.17	2.17	3.05	3.4	3.4	3.89
Buildings	20.66	20.48	21.33	20.5	19.07	21.03
Machinery	417.68	390.72	409.27	349	299.84	234.81
Order Backlog	-	1,830	2,370	-	-	-

Updated Aug 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q