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Friday 6 November 2026 Export STRL’s income statement to Excel — free account

Sterling Infrastructure, Inc.

STRL Industrials Engineering & Construction

Sterling Infrastructure, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.5 billion, up 17.7% from fiscal 2024.

Revenue
+127.0%
EPS
+148.5%
Free cash flow
−16.8%
Total debt
−67.7%

Quarter to September 2026, against a year earlier

245.91 37.75 −13.31%
Market cap
$7.5B
P/E
13.2×
Fwd P/E
19.7×
Dividend yield
—
F-score
6/9
Altman Z
5.60
Beneish M
−2.01
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Sterling Infrastructure, Inc. (STRL) Debt to equity

Alert me on Debt to equity

Sterling Infrastructure, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 0.1×, down 0.2× from fiscal 2025 (0.3×). Over the past ten years it has ranged from 0.0× (fiscal 2016) to 2.0× (fiscal 2019); the current reading is higher than 27% of that period. That is below the Engineering & Construction industry median of 0.4× and below the Industrials sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.3× (31.25%)
FY2024 0.4× (30.09%)
FY2023 0.5× (39.37%)
FY2022 0.9× (28.03%)
FY2021 1.3× (10.41%)
FY2020 1.4× (28.48%)
FY2019 2.0× 311.24%
FY2018 0.5× (22.79%)
FY2017 0.6× 1,135.67%
FY2016 0.0× (76.32%)

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.1× (69.97%)
Jun 2026 0.2× (15.14%)
Mar 2026 0.2× (8.59%)
Dec 2025 0.3× (3.13%)
43 more quarters

Against its own ten years

Low 0.0× High 2.0×
Ten-year median 0.5×
Current reading's percentile 27

Debt to equity against peers

Company Debt to equity
IESC IES Holdings, Inc. compare 0.0×
STRL Sterling Infrastructure, Inc. 0.1×
FLR Fluor Corporation compare 0.4×
TTEK Tetra Tech, Inc. compare 0.4×
MTZ MasTec, Inc. compare 1.0×
ACM AECOM compare 1.1×
DY Dycom Industries, Inc. compare 1.4×
GVA Granite Construction Incorporated compare 1.6×
ROAD Construction Partners, Inc. compare 1.7×
Engineering & Construction industry median 0.4×
Industrials sector median 0.3×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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