STRL: Sterling Infrastructure Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Sterling Infrastructure Inc (STRL).
$5.17B Market Cap.
STRL Market Cap. (MRY)
STRL Shares Outstanding (MRY)
STRL Assets (MRY)
Total Assets
$2.02B
Total Liabilities
$1.19B
Total Investments
$107.40M
STRL Income (MRY)
Revenue
$2.12B
Net Income
$257.46M
Operating Expense
$161.50M
STRL Cash Flow (MRY)
CF Operations
$497.10M
CF Investing
-$185.85M
CF Financing
-$118.62M
STRL Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $2,016,774,000 (13.48%) | $1,777,184,000 (23.28%) | $1,441,620,000 (16.75%) | $1,234,774,000 (29.61%) |
Assets Current | $1,021,880,000 (20.51%) | $847,979,000 (41.98%) | $597,254,000 (37.40%) | $434,691,000 (20.23%) |
Assets Non-Current | $994,894,000 (7.07%) | $929,205,000 (10.05%) | $844,366,000 (5.53%) | $800,083,000 (35.34%) |
Goodwill & Intangible Assets | $580,987,000 (-4.68%) | $609,514,000 (8.49%) | $561,815,000 (0.05%) | $561,513,000 (28.52%) |
Shareholders Equity | $808,081,000 (30.56%) | $618,913,000 (30.41%) | $474,599,000 (32.29%) | $358,767,000 (34.23%) |
Property Plant & Equipment Net | $289,463,000 (-3.80%) | $300,883,000 (9.45%) | $274,897,000 (28.84%) | $213,369,000 (49.02%) |
Cash & Equivalents | $664,195,000 (40.85%) | $471,563,000 (159.75%) | $181,544,000 (197.88%) | $60,945,000 (-7.92%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | -$1,723,000 (67.27%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $107,400,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $107,400,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $284,915,000 (5.55%) | $269,941,000 (-2.47%) | $276,768,000 (31.78%) | $210,024,000 (8.22%) |
Trade & Non-Trade Payables | $130,420,000 (-10.65%) | $145,968,000 (19.76%) | $121,887,000 (8.11%) | $112,746,000 (18.43%) |
Accumulated Retained Earnings (Deficit) | $582,495,000 (79.21%) | $325,034,000 (74.39%) | $186,379,000 (133.21%) | $79,918,000 (362.68%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $109,360,000 (42.46%) | $76,764,000 (48.60%) | $51,659,000 (180.24%) | $18,434,000 (0%) |
Total Debt | $369,274,000 (-7.42%) | $398,879,000 (-18.79%) | $491,163,000 (4.17%) | $471,505,000 (22.40%) |
Debt Current | $46,921,000 (1.65%) | $46,161,000 (-11.78%) | $52,325,000 (74.82%) | $29,930,000 (-64.80%) |
Debt Non-Current | $322,353,000 (-8.61%) | $352,718,000 (-19.62%) | $438,838,000 (-0.62%) | $441,575,000 (47.09%) |
Total Liabilities | $1,190,296,000 (3.21%) | $1,153,331,000 (19.66%) | $963,821,000 (10.21%) | $874,547,000 (27.86%) |
Liabilities Current | $741,958,000 (9.41%) | $678,168,000 (51.85%) | $446,611,000 (26.96%) | $351,760,000 (9.28%) |
Liabilities Non-Current | $448,338,000 (-5.65%) | $475,163,000 (-8.13%) | $517,210,000 (-1.07%) | $522,787,000 (44.38%) |
STRL Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $2,115,756,000 (7.28%) | $1,972,229,000 (11.46%) | $1,769,436,000 (25.10%) | $1,414,374,000 (15.30%) |
Cost of Revenue | $1,689,633,000 (3.37%) | $1,634,591,000 (9.35%) | $1,494,869,000 (23.46%) | $1,210,842,000 (15.64%) |
Selling General & Administrative Expense | $118,424,000 (19.98%) | $98,703,000 (14.13%) | $86,480,000 (25.06%) | $69,153,000 (7.53%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $161,501,000 (22.49%) | $131,843,000 (14.95%) | $114,697,000 (18.83%) | $96,521,000 (10.92%) |
Interest Expense | $25,255,000 (-13.86%) | $29,320,000 (42.39%) | $20,591,000 (6.63%) | $19,311,000 (-34.16%) |
Income Tax Expense | $87,360,000 (82.88%) | $47,770,000 (14.54%) | $41,707,000 (67.67%) | $24,874,000 (28.15%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $270,918,000 (89.66%) | $142,845,000 (45.08%) | $98,457,000 (54.00%) | $63,935,000 (46.23%) |
Net Income to Non-Controlling Interests | $13,457,000 (221.17%) | $4,190,000 (140.80%) | $1,740,000 (-29.78%) | $2,478,000 (314.38%) |
Net Income | $257,461,000 (85.68%) | $138,655,000 (43.36%) | $96,717,000 (57.37%) | $61,457,000 (42.52%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | -$9,744,000 (-720.20%) | -$1,188,000 (-245.41%) |
Net Income Common Stock | $257,461,000 (85.68%) | $138,655,000 (30.24%) | $106,461,000 (69.94%) | $62,645,000 (48.08%) |
Weighted Average Shares | $30,830,000 (0.24%) | $30,755,000 (1.84%) | $30,199,000 (5.59%) | $28,600,000 (2.66%) |
Weighted Average Shares Diluted | $31,146,000 (-0.20%) | $31,208,000 (2.11%) | $30,564,000 (5.03%) | $29,101,000 (3.21%) |
Earning Before Interest & Taxes (EBIT) | $370,076,000 (71.53%) | $215,745,000 (35.68%) | $159,015,000 (50.52%) | $105,642,000 (15.00%) |
Gross Profit | $426,123,000 (26.21%) | $337,638,000 (22.97%) | $274,567,000 (34.90%) | $203,532,000 (13.31%) |
Operating Income | $264,622,000 (28.59%) | $205,795,000 (28.73%) | $159,870,000 (49.40%) | $107,011,000 (15.54%) |
STRL Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$185,849,000 (-111.79%) | -$87,752,000 (2.23%) | -$89,755,000 (59.83%) | -$223,449,000 (-632.84%) |
Net Cash Flow from Financing | -$118,623,000 (-13.48%) | -$104,534,000 (-218.81%) | -$32,789,000 (-140.70%) | $80,568,000 (214.57%) |
Net Cash Flow from Operations | $497,104,000 (3.87%) | $478,584,000 (118.42%) | $219,116,000 (37.87%) | $158,932,000 (29.32%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $192,632,000 (-32.72%) | $286,298,000 (196.46%) | $96,572,000 (501.66%) | $16,051,000 (-27.31%) |
Net Cash Flow - Business Acquisitions and Disposals | -$115,052,000 (-209.47%) | -$37,177,000 (-10.01%) | -$33,793,000 (81.32%) | -$180,911,000 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$70,797,000 (-39.98%) | -$50,575,000 (9.63%) | -$55,962,000 (-31.56%) | -$42,538,000 (-39.51%) |
Issuance (Repayment) of Debt Securities | -$26,539,000 (71.31%) | -$92,501,000 (-295.76%) | -$23,373,000 (-125.86%) | $90,387,000 (216.26%) |
Issuance (Purchase) of Equity Shares | -$70,596,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $19,003,000 (29.96%) | $14,622,000 (14.90%) | $12,726,000 (8.11%) | $11,771,000 (1.10%) |
Depreciation Amortization & Accretion | $68,410,000 (19.17%) | $57,403,000 (10.25%) | $52,066,000 (52.24%) | $34,201,000 (4.32%) |
STRL Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 20.10% (17.54%) | 17.10% (10.32%) | 15.50% (7.64%) | 14.40% (-1.37%) |
Profit Margin | 12.20% (74.29%) | 7.00% (16.67%) | 6.00% (36.36%) | 4.40% (29.41%) |
EBITDA Margin | 20.70% (50.00%) | 13.80% (15.97%) | 11.90% (20.20%) | 9.90% (-2.94%) |
Return on Average Equity (ROAE) | 36.30% (45.78%) | 24.90% (-1.19%) | 25.20% (26.00%) | 20.00% (16.28%) |
Return on Average Assets (ROAA) | 13.20% (55.29%) | 8.50% (10.39%) | 7.70% (30.51%) | 5.90% (37.21%) |
Return on Sales (ROS) | 17.50% (60.55%) | 10.90% (21.11%) | 9.00% (20.00%) | 7.50% (0.00%) |
Return on Invested Capital (ROIC) | 97.20% (146.70%) | 39.40% (92.20%) | 20.50% (7.33%) | 19.10% (20.89%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | 20.17 (3.47%) | 19.5 (109.83%) | 9.29 (-22.62%) | 12.01 (-1.91%) |
Price to Sales Ratio (P/S) | 2.46 (79.07%) | 1.37 (144.82%) | 0.56 (5.26%) | 0.53 (25.77%) |
Price to Book Ratio (P/B) | 6.4 (46.13%) | 4.38 (109.02%) | 2.1 (-0.71%) | 2.11 (7.87%) |
Debt to Equity Ratio (D/E) | 1.47 (-20.93%) | 1.86 (-8.27%) | 2.03 (-16.69%) | 2.44 (-4.73%) |
Earnings Per Share (EPS) | 8.35 (85.14%) | 4.51 (27.76%) | 3.53 (61.19%) | 2.19 (44.08%) |
Sales Per Share (SPS) | 68.63 (7.02%) | 64.13 (9.44%) | 58.59 (18.48%) | 49.45 (12.31%) |
Free Cash Flow Per Share (FCFPS) | 13.83 (-0.64%) | 13.92 (157.58%) | 5.4 (32.75%) | 4.07 (22.70%) |
Book Value Per Share (BVPS) | 26.21 (30.25%) | 20.12 (28.05%) | 15.72 (25.29%) | 12.54 (30.75%) |
Tangible Assets Book Value Per Share (TABVPS) | 46.57 (22.66%) | 37.97 (30.32%) | 29.13 (23.76%) | 23.54 (27.15%) |
Enterprise Value Over EBIT (EV/EBIT) | 13 (0.00%) | 13 (62.50%) | 8 (-11.11%) | 9 (0.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 11.18 (12.39%) | 9.95 (56.06%) | 6.38 (-8.88%) | 7 (1.36%) |
Asset Turnover | 1.08 (-10.87%) | 1.21 (-4.93%) | 1.28 (-3.55%) | 1.32 (7.12%) |
Current Ratio | 1.38 (10.16%) | 1.25 (-6.51%) | 1.34 (8.17%) | 1.24 (10.06%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $426,307,000 (-0.40%) | $428,009,000 (162.33%) | $163,154,000 (40.17%) | $116,394,000 (25.96%) |
Enterprise Value (EV) | $4,903,081,537 (80.42%) | $2,717,543,542 (101.95%) | $1,345,667,815 (37.54%) | $978,375,613 (13.71%) |
Earnings Before Tax (EBT) | $344,821,000 (84.96%) | $186,425,000 (34.68%) | $138,424,000 (60.34%) | $86,331,000 (38.06%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $438,486,000 (60.53%) | $273,148,000 (29.40%) | $211,081,000 (50.94%) | $139,843,000 (12.19%) |
Invested Capital | $398,908,000 (-4.30%) | $416,818,000 (-43.89%) | $742,813,000 (1.47%) | $732,061,000 (42.72%) |
Working Capital | $279,922,000 (64.84%) | $169,811,000 (12.72%) | $150,643,000 (81.65%) | $82,931,000 (109.11%) |
Tangible Asset Value | $1,435,787,000 (22.96%) | $1,167,670,000 (32.72%) | $879,805,000 (30.68%) | $673,261,000 (30.53%) |
Market Capitalization | $5,173,622,537 (90.80%) | $2,711,603,542 (172.57%) | $994,812,815 (31.36%) | $757,295,613 (44.81%) |
Average Equity | $709,959,750 (27.26%) | $557,874,250 (31.82%) | $423,213,000 (35.05%) | $313,382,750 (27.64%) |
Average Assets | $1,955,601,250 (20.35%) | $1,624,868,750 (17.29%) | $1,385,304,000 (29.66%) | $1,068,374,250 (7.67%) |
Invested Capital Average | $380,713,000 (-30.52%) | $547,941,000 (-29.44%) | $776,524,000 (40.20%) | $553,880,250 (-4.76%) |
Shares | 30,713,105 (-0.41%) | 30,838,207 (1.68%) | 30,329,659 (5.33%) | 28,794,510 (2.47%) |
