STRL Q3 2024 Earnings — Sterling Infrastructure, Inc. Revenue & Financial Results | Market Cap Arena

STRLSterling Infrastructure, Inc.

$13B

Q3 2024 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$594M+6.0% YoY

Gross Profit

$130M21.9% margin

Operating Income

$87M14.7% margin

Net Income

$61M10.3% margin

EPS (Diluted)

$1.97

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

$152M

Free Cash Flow

$138M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$1.3B

Stockholders' Equity

$717M

Cash & Equivalents

$648M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$594M	$560M	+6.0%
Gross Profit	$130M	$92M	+41.3%
Operating Income	$87M	$57M	+53.1%
Net Income	$61M	$39M	+55.8%

Revenue Segments

Transportation Solutions Segment

$1.1B51%

E-Infrastructure Solutions Segment

$919M44%

Building Solutions Segment

$103M5%