Sterling Infrastructure Past Earnings Performance

Past criteria checks 5/6

Sterling Infrastructure has been growing earnings at an average annual rate of 36.4%, while the Construction industry saw earnings growing at 28% annually. Revenues have been growing at an average rate of 11.5% per year. Sterling Infrastructure's return on equity is 33.8%, and it has net margins of 12.6%.

Key information

36.45%

Earnings growth rate

34.15%

EPS growth rate

Construction Industry Growth	20.44%
Revenue growth rate	11.53%
Return on equity	33.83%
Net Margin	12.62%
Last Earnings Update	31 Mar 2025

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Sterling Infrastructure makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BIT:1STRL Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 25	2,106	266	126
31 Dec 24	2,116	257	118
30 Sep 24	2,103	184	112
30 Jun 24	2,070	162	107
31 Mar 24	2,009	150	103
31 Dec 23	1,972	139	99
30 Sep 23	1,935	119	96
30 Jun 23	1,868	110	93
31 Mar 23	1,807	99	90
31 Dec 22	1,769	97	86
30 Sep 22	1,555	86	80
30 Jun 22	1,525	77	77
31 Mar 22	1,465	69	72
31 Dec 21	1,414	61	69
30 Sep 21	1,528	58	73
30 Jun 21	1,448	52	68
31 Mar 21	1,446	50	71
31 Dec 20	1,227	43	64
30 Sep 20	1,427	59	68
30 Jun 20	1,335	52	63
31 Mar 20	1,199	41	55
31 Dec 19	1,126	40	49
30 Sep 19	1,035	23	44
30 Jun 19	1,034	24	45
31 Mar 19	1,039	25	48
31 Dec 18	1,038	25	48
30 Sep 18	1,036	23	49
30 Jun 18	1,049	21	50
31 Mar 18	1,027	16	50
31 Dec 17	958	12	47
30 Sep 17	872	2	46
30 Jun 17	774	-3	42
31 Mar 17	717	-4	37
31 Dec 16	690	-9	37
30 Sep 16	674	-23	37
30 Jun 16	645	-25	38
31 Mar 16	632	-30	39
31 Dec 15	624	-39	36
30 Sep 15	625	-27	38
30 Jun 15	638	-31	38
31 Mar 15	655	-27	38
31 Dec 14	672	-10	37
30 Sep 14	645	-61	43
30 Jun 14	641	-58	42

Quality Earnings: 1STRL has a large one-off gain of $90.4M impacting its last 12 months of financial results to 31st March, 2025.

Growing Profit Margin: 1STRL's current net profit margins (12.6%) are higher than last year (7.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 1STRL's earnings have grown significantly by 36.4% per year over the past 5 years.

Accelerating Growth: 1STRL's earnings growth over the past year (77.2%) exceeds its 5-year average (36.4% per year).

Earnings vs Industry: 1STRL earnings growth over the past year (77.2%) exceeded the Construction industry 28.3%.

Return on Equity

High ROE: 1STRL's Return on Equity (33.8%) is considered high.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/25 08:07
End of Day Share Price	2025/05/23 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Sterling Infrastructure, Inc. is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
John Kasprzak	BB&T Capital Markets
Avram Fisher	BMO Capital Markets U.S. (Historical)
Brent Thielman	D.A. Davidson & Co.