STRL Q2 2024 Earnings — Sterling Infrastructure, Inc. Revenue & Financial Results | Market Cap Arena

STRLSterling Infrastructure, Inc.

$13B

Q2 2024 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$583M+11.6% YoY

Gross Profit

$113M19.3% margin

Operating Income

$73M12.5% margin

Net Income

$52M8.9% margin

EPS (Diluted)

$1.67

QoQ Revenue Growth

+32.4%

Cash Flow

Operating Cash Flow

$121M

Free Cash Flow

$92M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$1.3B

Stockholders' Equity

$671M

Cash & Equivalents

$540M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$583M	$522M	+11.6%
Gross Profit	$113M	$92M	+22.2%
Operating Income	$73M	$60M	+20.7%
Net Income	$52M	$39M	+31.4%

Revenue Segments

Transportation Solutions Segment

$1.2B54%

E-Infrastructure Solutions Segment

$868M41%

Building Solutions Segment

$109M5%