Company data sheet · Sterling Infrastructure
Sterling Infrastructure: growth far beyond its economy.
- Industry
- Heavy Construction Other Than Bldg Const - Contractors
- Headquarters
- United States
- Ticker
- STRL (Nasdaq)
- Sources
- SEC filings (1995–2026), Stratrix's verified Decision Cases, market data and official economic statistics for the United States
- Data as of
- October 18, 2026
- From profit to four straight losses. Sterling Infrastructure lost money every year from 2013 to 2016: $0.1 billion in all. 2017 was its first profit in five years: $0 billion.
- It outgrew its own economy many times over. Revenue rose from $0.7 billion in 2016 to $2.5 billion in 2025: 3.6 times as much. The US economy, counted the same way in money terms, grew about 60%. Whatever drove it, the economy around it does not account for growth of that size.
- Leaders came and went. Sterling Infrastructure filed 32 leadership changes since 2016, more than 84% of large builders (the median is 16). The day after each, its shares moved a median 0.1 points against its sector. The news was rarely news.
Financial results
| Fiscal year | Revenue | Net income | |
|---|---|---|---|
| 2016 | $0.7 billion | −$0 billion | |
| 2017 | $1 billion | $0 billion | |
| 2018 | $1 billion | $0 billion | |
| 2019 | $1.1 billion | $0 billion | |
| 2020 | $1.2 billion | $0 billion | |
| 2021 | $1.4 billion | $0.1 billion | |
| 2022 | $1.8 billion | $0.1 billion | |
| 2023 | $2 billion | $0.1 billion | |
| 2024 | $2.1 billion | $0.3 billion | |
| 2025 | $2.5 billion | $0.3 billion |
As reported in its annual filings. Losses in red.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Market reaction to disclosed decisions: 47 decision filings since 2016, each linked to the SEC, with the share return against its sector and the S&P 500 the next day and the next year (35 with market data).
- Economic context: 7 measures for the United States, every year since 2016, from the official sources.
- Peer comparison: against 50 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
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