STRL Q1 2024 Earnings — Sterling Infrastructure, Inc. Revenue & Financial Results | Market Cap Arena

STRLSterling Infrastructure, Inc.

$13B

Q1 2024 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$440M+9.1% YoY

Gross Profit

$77M17.5% margin

Operating Income

$42M9.6% margin

Net Income

$31M7.1% margin

EPS (Diluted)

$1.00

QoQ Revenue Growth

-9.4%

Cash Flow

Operating Cash Flow

$50M

Free Cash Flow

$27M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$1.2B

Stockholders' Equity

$645M

Cash & Equivalents

$480M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$440M	$404M	+9.1%
Gross Profit	$77M	$62M	+24.6%
Operating Income	$42M	$33M	+29.1%
Net Income	$31M	$20M	+58.0%

Revenue Segments

Transportation Solutions Segment

$1.3B55%

E-Infrastructure Solutions Segment

$961M40%

Building Solutions Segment

$107M5%