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. It undertakes infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, light rail, water, wastewater, and storm drainage systems for the departments of transportation in various states, regional transit authorities, airport authorities, port authorities, water authorities and railroads. The company also provides specialty site infrastructure improvement contracting services for blue-chip end users in the e-commerce, data center, distribution center and warehousing, and energy sectors. In addition, it undertakes residential and commercial concrete foundations for single-family and multi-family homes, parking structures, elevated slabs, and other concrete work for national home builders, regional and custom home builders, and developers and general contractors in commercial markets. The company was formerly known as Sterling Construction Company, Inc. and changed its name to Sterling Infrastructure, Inc. in June 2022. Sterling Infrastructure, Inc. was founded in 1955 and is headquartered in The Woodlands, Texas.
Revenue of Sterling Infrastructure, Inc. (STRL)
Revenue in 2023 (TTM): $1.97 B
According to Sterling Infrastructure, Inc.'s latest financial reports the company's current revenue (TTM) is $1.97 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Sterling Infrastructure, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $1.97 B | $322.41 M | $246.37 M | $190.62 M | $138.66 M |
| 2022 | $1.77 B | $274.57 M | $213.65 M | $140.16 M | $106.46 M |
| 2021 | $1.58 B | $214.76 M | $145.42 M | $90.02 M | $62.65 M |
| 2020 | $1.43 B | $191.37 M | $128.86 M | $65.38 M | $42.31 M |
| 2019 | $1.13 B | $107.79 M | $63.94 M | $14.48 M | $39.9 M |
| 2018 | $1.04 B | $110.33 M | $60.4 M | $31.28 M | $25.19 M |
| 2017 | $957.96 M | $89.09 M | $26.49 M | $15.94 M | $11.62 M |
| 2016 | $690.12 M | $43.85 M | $-4,696,000 | $-7,324,000 | $-9,238,000 |
| 2015 | $623.6 M | $28.95 M | $-13,927,000 | $-17,179,000 | $-20,402,000 |
| 2014 | $672.23 M | $32.42 M | $14.88 M | $-4,593,000 | $-9,781,000 |
| 2013 | $556.24 M | $-29,944,000 | $-70,111,000 | $-68,804,000 | $-73,929,000 |
| 2012 | $630.51 M | $47.47 M | $13.59 M | $17.13 M | $-297,000 |
| 2011 | $501.16 M | $39.84 M | $34.2 M | $-51,716,000 | $-35,900,000 |
| 2010 | $459.89 M | $62.71 M | $53.49 M | $36.49 M | $19.09 M |
| 2009 | $390.85 M | $54.37 M | $51.76 M | $37.8 M | $23.7 M |
| 2008 | $415.07 M | $41.97 M | $41.38 M | $29 M | $18.07 M |
| 2007 | $306.22 M | $33.69 M | $30.02 M | $22.42 M | $14.44 M |
| 2006 | $249.35 M | $28.55 M | $24.73 M | $19.2 M | $13.32 M |
| 2005 | $219.44 M | $23.76 M | $19.73 M | $13.33 M | $11.1 M |
| 2004 | $154.18 M | $16.5 M | $11.02 M | $3.74 M | $5.65 M |
| 2003 | $170.09 M | $21.44 M | $15.24 M | $7.3 M | $5.42 M |
| 2002 | $112.07 M | $-5,786,000 | $-12,600,000 | $3.47 M | $4.72 M |
| 2001 | $21.26 M | $4.87 M | $468 K | $-7,253,000 | $-6,941,000 |
| 2000 | $20.14 M | $4.09 M | $1.18 M | $-2,987,000 | $-5,453,000 |
| 1999 | $31.66 M | $5.81 M | $-675,000 | $-892,000 | $-1,046,000 |
| 1998 | $32.31 M | $6.19 M | $-336,000 | $608 K | $-408,000 |
| 1997 | $41.93 M | $9.47 M | $-672,000 | $-5,663,000 | $-8,761,000 |
| 1996 | $47.34 M | $10.02 M | $-971,000 | $-2,158,000 | $-3,978,000 |