STRL Q3 2023 Earnings — Sterling Infrastructure, Inc. Revenue & Financial Results | Market Cap Arena

STRLSterling Infrastructure, Inc.

$13B

Q3 2023 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$560M+13.7% YoY

Gross Profit

$92M16.4% margin

Operating Income

$57M10.2% margin

Net Income

$39M7.0% margin

EPS (Diluted)

$1.26

QoQ Revenue Growth

+7.3%

Cash Flow

Operating Cash Flow

$150M

Free Cash Flow

$140M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.1B

Stockholders' Equity

$580M

Cash & Equivalents

$409M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$560M	$493M	+13.7%
Gross Profit	$92M	$79M	+15.6%
Operating Income	$57M	$49M	+15.5%
Net Income	$39M	$30M	+33.3%

Revenue Segments

Transportation Solutions Segment

$1.0B50%

E-Infrastructure Solutions Segment

$891M44%

Building Solutions Segment

$113M6%