STRL Q3 2022 Earnings — Sterling Infrastructure, Inc. Revenue & Financial Results | Market Cap Arena

STRLSterling Infrastructure, Inc.

$13B

Q3 2022 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$493M+6.4% YoY

Gross Profit

$79M16.1% margin

Operating Income

$49M10.0% margin

Net Income

$30M6.0% margin

EPS (Diluted)

$0.97

QoQ Revenue Growth

+6.8%

Cash Flow

Operating Cash Flow

$96M

Free Cash Flow

$77M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$1.1B

Stockholders' Equity

$437M

Cash & Equivalents

$154M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$493M	$463M	+6.4%
Gross Profit	$79M	$58M	+37.4%
Operating Income	$49M	$32M	+54.5%
Net Income	$30M	$21M	+39.7%

Revenue Segments

Transportation Solutions Segment

$966M58%

E-Infrastructure Solutions Segment

$584M35%

Building Solutions Segment

$116M7%