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Companies / Industrials / Sterling Infrastructure, Inc.
STRL

Sterling Infrastructure, Inc.

IndustrialsConstruction
Ticker STRLTHE WOODLANDS, TXFiscal year ends DecemberBook value per share $43.63Diluted shares 31.1M

Sterling Infrastructure, Inc. (Nasdaq: STRL) provides construction and infrastructure services through three reportable segments in the United States. E-Infrastructure Solutions delivers large-scale site development and mission-critical electrical and mechanical services for data centers, semiconductor fabrication,… From the company’s description.

In fiscal 2025, Sterling Infrastructure, Inc. reported revenue of $2.49B, up 17.7% from fiscal 2024, and net income of $309.73M. Its operating margin was 16.3%, and operations generated $439.99M in cash. Over the twelve months to Jun 30, 2026, revenue was $3.44B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$2.49BFY2025
+17.7% year over year
Last 12 mo $3.44B
16.30%FY2025
+3.8 percentage points
Last 12 mo 17.52%
$309.73MFY2025
+14.3% year over year
Last 12 mo $460.44M
26.17%FY2025
−5.7 percentage points
Last 12 mo 31.79%
Cash & financing
$439.99MFY2025
−11.5% year over year
Last 12 mo $597.70M
$362.68MFY2025
−12.8% year over year
Last 12 mo $482.00M
0.26FY2025
Was 0.39× a year earlier
Last 12 mo 0.21
30.9MFY2025
−0.6% year over year
Last 12 mo 31.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Sterling Infrastructure, Inc. does

In the company’s own words

Sterling Infrastructure, Inc. (Nasdaq: STRL) provides construction and infrastructure services through three reportable segments in the United States. E-Infrastructure Solutions delivers large-scale site development and mission-critical electrical and mechanical services for data centers, semiconductor fabrication, manufacturing, distribution, warehousing and power generation customers. Transportation Solutions builds and rehabilitates highways, roads, bridges, airports, ports, rail and storm drainage systems, principally for state departments of transportation and regional public authorities. Building Solutions provides residential and commercial concrete construction, plumbing for new single-family homes, and surveys for homebuilding, serving home builders, developers and general contractors. In 2025, the company acquired CEC Facilities Group, a specialty electrical and mechanical contractor, for its E-Infrastructure segment; it also shifted its longstanding interest in Road and Highway Builders to equity-method accounting. Sterling reported approximately 4,400 employees at December 31, 2025, and its project backlog was $3.01 billion at that date. Its website is www.strlco.com.

Company details
Sector
Industrials
Industry (SIC)
Construction
Headquarters
THE WOODLANDS, TX
Fiscal year end
December
CIK
874238
SIC
1600

Financial performance, year by year

Fiscal 2013–2025 · USD
$-425.17M$628.55M$1.68B$2.74B$3.79B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Sterling Infrastructure, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

587
funds hold it
1 of 35
superinvestors hold it
$10.56B
held by funds, at market
45.7%
of shares held by funds

Superinvestors in Sterling Infrastructure, Inc. · what they did last quarter

Stephen MandelNEW
Lone Pine Capital
3.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Sterling Infrastructure, Inc.’s weight in each

iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.71%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.03%of fund net assets
First Trust RBA American Industrial Renaissance ETF
AIRR · First Trust Exchange-Traded Fund VI
6.00%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.30%of fund net assets
VANGUARD SMALL-CAP GROWTH INDEX FUND
VBK · VANGUARD INDEX FUNDS
0.69%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Sterling Infrastructure, Inc. and its peers compare on margins and cash generation over ten years?”
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