Sterling Construction Financials

STRL Stock  USD 194.45  0.96  0.49%   
Based on the analysis of Sterling Construction's profitability, liquidity, and operating efficiency, Sterling Construction is performing exceptionally good at the present time. It has a great likelihood to report excellent financial results in December. At this time, Sterling Construction's Current Deferred Revenue is quite stable compared to the past year. Retained Earnings is expected to rise to about 341.3 M this year, although the value of Net Debt is projected to rise to (69 M). Key indicators impacting Sterling Construction's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.860.5827
Way Up
Pretty Stable
Current Ratio1.771.2504
Significantly Up
Slightly volatile
The essential information of the day-to-day investment outlook for Sterling Construction includes many different criteria found on its balance sheet. An individual investor should monitor Sterling Construction's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Sterling Construction.

Net Income

145.59 Million

  
Understanding current and past Sterling Construction Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Sterling Construction's financial statements are interrelated, with each one affecting the others. For example, an increase in Sterling Construction's assets may result in an increase in income on the income statement.

Sterling Construction Stock Summary

Sterling Construction competes with EMCOR, Comfort Systems, Primoris Services, Granite Construction, and Construction Partners. Sterling Infrastructure, Inc. engages in the transportation, e-infrastructure, and building solutions primarily in the Southern United States, the Northeastern and Mid-Atlantic United States, the Rocky Mountain states, California, and Hawaii. Sterling Infrastructure, Inc. was founded in 1955 and is headquartered in The Woodlands, Texas. Sterling Infrastructure operates under Engineering Construction classification in the United States and is traded on NASDAQ Exchange. It employs 2900 people.
Specialization
Industrials, Engineering & Construction
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS8592411016
CUSIP859241101 672202108
LocationTexas; U.S.A
Business Address1800 Hughes Landing
SectorConstruction & Engineering
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.strlco.com
Phone281 214 0800
CurrencyUSD - US Dollar

Sterling Construction Key Financial Ratios

Sterling Construction Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets961.9M952.7M1.2B1.4B1.8B1.9B
Other Current Liab21.3M20.1M90.4M13.4M30.4M15.5M
Net Debt401.4M319.0M399.7M309.6M(72.7M)(69.0M)
Retained Earnings(25.0M)17.3M79.9M186.4M325.0M341.3M
Accounts Payable137.6M95.2M112.7M121.9M146.0M153.3M
Cash45.7M66.2M81.8M181.5M471.6M495.1M
Net Receivables300.0M279.1M285.8M386.6M358.5M376.5M
Good Will191.9M192.0M259.8M262.7M281.1M295.2M
Other Current Assets11.8M16.3M87.9M29.1M17.9M10.4M
Total Liab740.7M684.0M870.8M963.8M1.2B1.2B
Total Current Assets357.5M361.5M434.7M597.3M848.0M890.4M
Short Term Debt49.6M92.6M29.9M72.0M65.8M69.1M
Other Assets26.2M219.6M4.5M7.7M8.8M14.3M
Long Term Debt390.6M291.2M428.6M398.7M315.0M330.7M
Intangible Assets256.3M244.9M303.2M299.1M328.4M344.8M
Other Liab49.2M61.9M74.6M78.4M90.1M94.6M
Net Tangible Assets(228.3M)(169.6M)(204.2M)(87.2M)(78.5M)(74.6M)

Sterling Construction Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense16.7M29.4M19.3M20.6M29.3M30.8M
Total Revenue1.1B1.4B1.6B1.8B2.0B2.1B
Gross Profit107.8M191.4M214.8M274.6M337.6M354.5M
Operating Income37.8M94.9M107.3M159.9M205.8M216.1M
Ebit37.8M93.7M112.3M160.9M219.9M230.9M
Ebitda63.9M126.4M144.8M211.4M277.3M291.2M
Cost Of Revenue1.0B1.2B1.4B1.5B1.6B1.7B
Income Before Tax14.5M65.4M90.0M140.2M190.6M200.1M
Net Income39.9M42.3M62.6M106.5M138.7M145.6M
Income Tax Expense(26.2M)22.5M24.9M41.7M47.8M50.2M
Minority Interest794K1.5M(2.5M)(1.7M)(4.2M)(4.0M)
Tax Provision(26.2M)22.5M24.9M41.7M47.8M50.2M
Interest Income1.1M161K52K885K14.1M14.8M
Net Interest Income(15.5M)(29.2M)(19.3M)(19.7M)(15.2M)(15.9M)

Sterling Construction Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory1.6M7.6M50.6M8.1M9.3M9.8M
Change In Cash(48.4M)20.5M9.2M96.6M286.3M300.6M
Free Cash Flow25.7M86.4M104.9M158.2M414.2M434.9M
Depreciation20.7M32.8M34.2M52.1M57.4M60.3M
Other Non Cash Items7.2M2.3M(1.2M)(19.8M)631K599.5K
Capital Expenditures15.4M32.9M46.7M60.9M64.4M67.6M
Net Income40.7M42.9M65.1M108.2M138.7M145.6M
End Period Cash Flow45.7M66.2M81.8M185.3M471.6M495.1M
Investments(410.4M)(30.5M)(223.4M)(89.8M)(87.8M)(92.1M)
Change To Netincome(24.2M)29.9M32.2M29.0M33.4M35.0M
Net Borrowings331.7M(77.7M)91.7M(23.4M)(26.9M)(25.5M)

Sterling Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Sterling Construction's current stock value. Our valuation model uses many indicators to compare Sterling Construction value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sterling Construction competition to find correlations between indicators driving Sterling Construction's intrinsic value. More Info.
Sterling Construction is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers reporting about  0.29  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sterling Construction is roughly  3.45 . At this time, Sterling Construction's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Sterling Construction by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Sterling Construction Systematic Risk

Sterling Construction's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sterling Construction volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Sterling Construction correlated with the market. If Beta is less than 0 Sterling Construction generally moves in the opposite direction as compared to the market. If Sterling Construction Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sterling Construction is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sterling Construction is generally in the same direction as the market. If Beta > 1 Sterling Construction moves generally in the same direction as, but more than the movement of the benchmark.

Sterling Construction Thematic Clasifications

Sterling Construction is part of Military Industrial investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Active national defense contractors that are involved either directly or indirectly in support of the US military operations. A collection of large United States defense contractors including companies involved in production or distribution of aircraft, ships, vehicles, weaponry, and electronic systems in cooperation with the government
Military IndustrialView
This theme covers Active national defense contractors that are involved either directly or indirectly in support of the US military operations. A collection of large United States defense contractors including companies involved in production or distribution of aircraft, ships, vehicles, weaponry, and electronic systems in cooperation with the government. Get More Thematic Ideas
Today, most investors in Sterling Construction Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sterling Construction's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Sterling Construction growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.66

At this time, Sterling Construction's Price Earnings To Growth Ratio is quite stable compared to the past year.

Sterling Construction November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Sterling Construction help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sterling Construction. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sterling Construction based on widely used predictive technical indicators. In general, we focus on analyzing Sterling Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sterling Construction's daily price indicators and compare them against related drivers.
When determining whether Sterling Construction is a strong investment it is important to analyze Sterling Construction's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sterling Construction's future performance. For an informed investment choice regarding Sterling Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sterling Construction. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Sterling Stock please use our How to buy in Sterling Stock guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sterling Construction. If investors know Sterling will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sterling Construction listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.563
Earnings Share
5.89
Revenue Per Share
68.14
Quarterly Revenue Growth
0.06
Return On Assets
0.0863
The market value of Sterling Construction is measured differently than its book value, which is the value of Sterling that is recorded on the company's balance sheet. Investors also form their own opinion of Sterling Construction's value that differs from its market value or its book value, called intrinsic value, which is Sterling Construction's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sterling Construction's market value can be influenced by many factors that don't directly affect Sterling Construction's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sterling Construction's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sterling Construction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sterling Construction's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.