STERLING INFRASTRUCTURE, INC. (STRL)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Revenues | 614,468 | 430,949 | 593,741 | 582,822 |
| Cost of revenues | 471,328 | 336,109 | 463,942 | 470,079 |
| Gross profit | 143,140 | 94,840 | 129,799 | 112,743 |
| General and administrative expense | 33,987 | 34,631 | 30,672 | 27,856 |
| Acquisition related costs | 2,495 | 179 | 72 | 101 |
| Intangible asset amortization | 4,536 | 4,503 | 4,280 | 4,280 |
| Earn-out expense | 1,343 | 1,343 | - | - |
| Other operating income (expense), net | 3,785 | 1,892 | -7,283 | -7,772 |
| Operating income | 104,564 | 56,076 | 87,492 | 72,734 |
| Interest income | 6,901 | 6,827 | 7,591 | 6,305 |
| Interest expense | 4,995 | 5,232 | 6,286 | 6,513 |
| Income before income taxes | 106,470 | 57,671 | 88,797 | 72,526 |
| Income tax expense | 27,362 | 15,080 | 23,404 | 17,952 |
| Net income, including noncontrolling interests | 79,108 | 42,591 | 65,393 | 54,574 |
| Less net income attributable to noncontrolling interests | 8,117 | 3,114 | - | - |
| Less net income attributable to noncontrolling interests | - | - | 4,072 | 2,695 |
| Net income attributable to sterling common stockholders | 70,991 | 39,477 | 61,321 | 51,879 |
| Basic (in dollars per share) | 2.33 | 1.29 | 2 | 1.68 |
| Basic (in shares) | 30,408,000 | 30,547,000 | 30,735,000 | 30,914,000 |
| Diluted (in dollars per share) | 2.31 | 1.28 | 1.97 | 1.67 |
| Diluted (in shares) | 30,762,000 | 30,881,000 | 31,070,000 | 31,145,000 |