STERLING INFRASTRUCTURE, INC.
STRL · Heavy Construction Other Than Bldg Const - Contractors · 30.7M shares · +4%/yr ↑ shares · EDGAR filings ↗
Reference price $497.57 · est. market cap ~$15.3B — last insider sale, 2026-04-23 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B83High-growth infrastructure platform with top-decile margins, ROA and 26% ROE, riding data-center/E-Infrastructure demand.
Strengths
- Top-percentile gross/operating (16.3%)/net (11.7%) margins and ROA 11% (90.9 pct); ROE 26%
- Revenue +17.7% (75 pct), strong FCF ($363M) and structural data-center/IIJA tailwinds
Risks
- Cyclical construction end-markets and customer concentration; fixed-price cost-overrun risk
- Acquisition-heavy (CEC $562M) integration and Building Solutions housing softness
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
23.0%
Operating margin
16.3%
Net margin
11.7%
Return on equity
26.2%
Return on assets
11.0%
ROIC
23.2%
Revenue growth (QoQ)
9.3%
Net-income growth
12.7%
Debt / equity
0.2×
Net debt / EBITDA
-0.2×
Current ratio
1.0×
Free cash flow
$363M
EBITDA
$483M
Tangible book value
-$31M
Cash & investments
$391M
Stock comp / revenue
1.0%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-18 | Dill Julie | Gift | 325 | — |
| 2026-05-20 | CUTILLO JOSEPH A | Grant | 40K | — |
| 2026-05-07 | Bosway William T | Grant | 181 | — |
| 2026-05-07 | Dill Julie | Grant | 181 | — |
| 2026-05-07 | O'Brien Dana C. | Grant | 181 | — |
| 2026-05-07 | Schulz David S. | Grant | 181 | — |
| 2026-05-07 | Wilson Dwayne Andree | Grant | 181 | — |
| 2026-05-07 | ROSE B ANDREW | Grant | 181 | — |
| 2026-05-07 | CREGG ROGER A | Grant | 181 | — |
| 2026-04-23 | CUTILLO JOSEPH A | Sell | 50K | $497.57 |
| 2026-03-25 | CUTILLO JOSEPH A | Sell | 50K | $453.48 |
| 2026-03-12 | Wilson Dwayne Andree | Sell | 1.3K | $405.95 |
| 2026-03-10 | CUTILLO JOSEPH A | Sell | 48K | $416.21 |
| 2026-03-09 | Dill Julie | Sell | 4.5K | $384.28 |
| 2026-03-09 | CUTILLO JOSEPH A | Sell | 52K | $408.42 |
| 2026-03-05 | Wilson Dwayne Andree | Sell | 1.2K | $412.36 |
| 2026-02-25 | CUTILLO JOSEPH A | Tax withheld | 12K | $455.25 |
| 2026-02-25 | Wolf Mark D. | Grant | 3.0K | — |
| 2026-02-25 | Wolf Mark D. | Tax withheld | 1.2K | $455.25 |
| 2026-02-25 | CUTILLO JOSEPH A | Grant | 30K | — |
| 2026-02-09 | O'Brien Dana C. | Sell | 2.0K | $410.00 |
| 2026-02-06 | O'Brien Dana C. | Sell | 1.0K | $400.00 |
| 2026-02-06 | O'Brien Dana C. | Sell | 1.0K | $390.00 |
| 2026-01-16 | Wilson Dwayne Andree | Sell | 2.9K | $350.00 |
| 2026-01-01 | Govin Daniel P. | Grant | 1.8K | — |
| 2026-01-01 | Wolf Mark D. | Grant | 463 | — |
| 2026-01-01 | CUTILLO JOSEPH A | Grant | 8.0K | — |
| 2026-01-01 | GRINDSTAFF NICHOLAS M | Grant | 1.0K | — |
| 2025-12-31 | Wolf Mark D. | Tax withheld | 894 | $306.23 |
| 2025-12-31 | GRINDSTAFF NICHOLAS M | Tax withheld | 61 | $306.23 |
| 2025-12-31 | CUTILLO JOSEPH A | Tax withheld | 9.5K | $306.23 |
| 2025-12-31 | Govin Daniel P. | Tax withheld | 755 | $306.23 |
| 2025-12-15 | Wolf Mark D. | Gift | 50 | — |
| 2025-11-12 | O'Brien Dana C. | Gift | 1.0K | — |
| 2025-09-02 | BALLSCHMIEDE RONALD A | Grant | 1.7K | — |
| 2025-08-06 | Govin Daniel P. | Tax withheld | 6.6K | $299.42 |
| 2025-07-10 | GRINDSTAFF NICHOLAS M | Grant | 560 | — |
| 2025-07-10 | Schulz David S. | Grant | 473 | — |
| 2025-07-10 | ROSE B ANDREW | Grant | 473 | — |
| 2025-07-10 | GRINDSTAFF NICHOLAS M | Grant | 5.0K | — |
| 2025-06-24 | Wolf Mark D. | Sell | 3.5K | $225.87 |
| 2025-06-16 | O'Brien Dana C. | Sell | 10K | $206.58 |
| 2025-05-08 | Bosway William T | Grant | 751 | — |
| 2025-05-08 | O'Brien Dana C. | Grant | 751 | — |
| 2025-05-08 | CREGG ROGER A | Grant | 751 | — |
| 2025-05-08 | Dill Julie | Grant | 751 | — |
| 2025-05-08 | Wilson Dwayne Andree | Grant | 751 | — |
| 2025-03-12 | BALLSCHMIEDE RONALD A | Gift | 211 | — |
| 2025-03-04 | VILLAVERDE SHARON | Tax withheld | 1.1K | $122.28 |
| 2025-02-28 | CUTILLO JOSEPH A | Buy | 8.1K | $124.32 |
| 2025-02-26 | CUTILLO JOSEPH A | Grant | 62K | — |
| 2025-02-26 | CUTILLO JOSEPH A | Tax withheld | 23K | $122.16 |
| 2025-02-26 | BALLSCHMIEDE RONALD A | Grant | 20K | — |
| 2025-02-26 | BALLSCHMIEDE RONALD A | Tax withheld | 8.0K | $122.16 |
| 2025-02-26 | Wolf Mark D. | Grant | 6.4K | — |
| 2025-02-26 | Wolf Mark D. | Sell | 2.6K | $122.16 |
| 2025-01-01 | VILLAVERDE SHARON | Grant | 1.4K | — |
| 2025-01-01 | Wolf Mark D. | Grant | 818 | — |
| 2025-01-01 | Govin Daniel P. | Grant | 2.8K | — |
| 2025-01-01 | CUTILLO JOSEPH A | Grant | 11K | — |
| 2024-12-31 | BALLSCHMIEDE RONALD A | Tax withheld | 4.0K | $168.45 |
| 2024-12-31 | CUTILLO JOSEPH A | Tax withheld | 14K | $168.45 |
| 2024-12-31 | Wolf Mark D. | Tax withheld | 1.4K | $168.45 |
| 2024-12-31 | Govin Daniel P. | Tax withheld | 365 | $168.45 |
| 2024-12-31 | VILLAVERDE SHARON | Tax withheld | 225 | $168.45 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-09 | 2026-06-09 | 0000874238-26-000087 ↗ |
| 8-K | 2026-05-21 | 2026-05-20 | 0000874238-26-000083 ↗ |
| 8-K | 2026-05-12 | 2026-05-12 | 0000874238-26-000078 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0000874238-26-000058 ↗ |
| 10-Q | 2026-05-05 | 2026-03-31 | 0000874238-26-000055 ↗ |
| 8-K | 2026-05-04 | 2026-05-04 | 0000874238-26-000052 ↗ |
| 8-K | 2026-04-08 | 2026-04-08 | 0000874238-26-000047 ↗ |
| 10-K | 2026-02-26 | 2025-12-31 | 0000874238-26-000024 ↗ |
| 8-K | 2026-02-25 | 2026-02-25 | 0000874238-26-000018 ↗ |
| 8-K | 2025-11-12 | 2025-11-12 | 0000874238-25-000138 ↗ |
| 10-Q | 2025-11-04 | 2025-09-30 | 0000874238-25-000136 ↗ |
| 8-K | 2025-11-03 | 2025-11-03 | 0000874238-25-000133 ↗ |