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

Sterling Infrastructure, Inc. (STRL) Operating margin

Alert me on Operating margin

Sterling Infrastructure, Inc.'s operating margin over the twelve months to 30 September 2026 was 18.2%, up 1.9 percentage points from fiscal 2025 (16.3%). Over the past ten years it has ranged from −2.31% (fiscal 2015) to 16.3% (fiscal 2025) — the current reading is the highest in ten years. That is above the Engineering & Construction industry median of 6.43% and above the Industrials sector median of 5.21%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 16.3% 3.79
FY2024 12.5% 2.08
FY2023 10.4% 1.39
FY2022 9.04% 1.47
FY2021 7.57% 0.02
FY2020 7.55% 4.20
FY2019 3.35% (0.76)
FY2018 4.11% 1.38
FY2017 2.73% 3.42
FY2016 −0.69% 1.62

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 19.6% 0.85
Jun 2026 18.8% 2.08
Mar 2026 16.7% 0.81
Dec 2025 15.9% (2.31)
43 more quarters

Against its own ten years

Low −2.31% High 16.3%
Ten-year median 7.55%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
STRL Sterling Infrastructure, Inc. 18.2%
IESC IES Holdings, Inc. compare 12.4%
TTEK Tetra Tech, Inc. compare 12.1%
ROAD Construction Partners, Inc. compare 8.57%
DY Dycom Industries, Inc. compare 7.78%
GVA Granite Construction Incorporated compare 7.45%
MTZ MasTec, Inc. compare 4.93%
ACM AECOM compare 4.10%
FLR Fluor Corporation compare −1.39%
Engineering & Construction industry median 6.43%
Industrials sector median 5.21%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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