← STERLING INFRASTRUCTURE, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $42.8m | $84.0m | $94.1m | $45.7m | $66.2m | $81.8m | $181.5m | $471.6m | $664.2m | $390.7m | |
| Inventory, Net | $3.7m | $4.6m | $3.2m | — | — | — | — | — | — | — | |
| Assets, Current | $175.9m | $278.5m | $302.6m | $357.5m | $361.5m | $434.7m | $597.3m | $848.0m | $1.0b | $1.0b | |
| Property, Plant and Equipment, Net | $68.1m | $54.4m | $52.0m | $116.0m | $126.7m | $204.3m | $215.5m | $243.6m | $236.8m | $278.3m | |
| Goodwill | $54.8m | $85.2m | $85.2m | $191.9m | $192.0m | $259.8m | $262.7m | $281.1m | $264.6m | $585.2m | |
| Intangible Assets, Net (Excluding Goodwill) | — | $44.8m | $42.4m | $256.3m | $244.9m | $303.2m | $299.1m | $328.4m | $316.4m | $554.7m | |
| Operating Lease, Right-of-Use Asset | — | — | — | $14.0m | $16.5m | $24.5m | $59.4m | $57.2m | $52.7m | $58.2m | |
| Other Assets, Noncurrent | $3.0m | $317k | $309k | $183k | $3.2m | $4.5m | $7.7m | $18.8m | $17.0m | $17.2m | |
| Additional Financial Items | |||||||||||
| Accrued Liabilities, Current | $6.2m | $9.3m | $4.7m | — | — | — | — | — | — | — | |
| Assets | $301.8m | $463.3m | $482.6m | $961.9m | $952.7m | $1.2b | $1.4b | $1.8b | $2.0b | $2.6b | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | — | $7.1m | $7.6m | $8.8m | $19.7m | $19.6m | $20.5m | $18.7m | |
| Accounts Payable, Current | $67.1m | $97.5m | $99.4m | $137.6m | $95.2m | $145.0m | $121.9m | $146.0m | $130.4m | $226.8m | |
| Operating Lease, Liability, Noncurrent | — | — | — | $7.0m | $9.0m | $15.8m | $40.1m | $37.7m | $32.5m | $40.2m | |
| Long-term Debt, Current Maturities | $3.8m | $4.0m | $2.9m | $42.5m | $77.4m | $28.2m | $32.6m | $26.5m | $26.4m | $15.1m | |
| Long-term Debt, Excluding Current Maturities | $1.5m | $86.2m | $79.1m | $390.6m | $291.2m | $428.6m | $398.7m | $315.0m | $289.9m | $275.9m | |
| Liabilities, Current | $146.6m | $182.3m | $179.2m | $293.5m | $321.9m | $351.8m | $446.6m | $678.2m | $742.0m | $1.0b | |
| Deferred Income Tax Liabilities, Net | — | — | $1.4m | $0 | — | $14.7m | $51.7m | $76.8m | $109.4m | $123.1m | |
| Other Liabilities, Noncurrent | — | — | — | $619k | $10.6m | $4.8m | $5.1m | $16.6m | $16.6m | $65.7m | |
| Deferred Tax Liabilities, Net | — | — | $1.4m | ($26.0m) | — | $14.7m | $51.7m | $76.8m | $109.4m | $123.1m | |
| Liabilities | — | — | — | $740.7m | $684.0m | $870.8m | $963.8m | $1.2b | $1.2b | $1.5b | |
| Stockholders’ equity: | |||||||||||
| Preferred Stock, Value, Issued | $250k | $0 | $0 | $283k | $283k | $298k | $306k | $309k | $312k | $315k | |
| Common Stock, Value, Issued | $250k | $271k | $271k | $283k | $283k | $298k | $306k | $309k | $312k | $315k | |
| Additional Paid in Capital | $208.9m | $231.2m | $233.8m | $251.0m | $256.4m | $280.3m | $287.9m | $293.6m | $288.4m | $366.1m | |
| Retained Earnings (Accumulated Deficit) | ($101.7m) | ($90.1m) | ($64.9m) | ($25.0m) | $17.3m | $79.9m | $186.4m | $325.0m | $582.5m | $872.6m | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | — | — | — | ($209k) | ($5.3m) | ($1.7m) | $0 | — | — | — | |
| Stockholders' Equity Attributable to Parent | $107.4m | $141.3m | $164.4m | $219.9m | $267.3m | $358.8m | $474.6m | $618.9m | $808.1m | $1.1b | |
| Stockholders' Equity Attributable to Noncontrolling Interest | $656k | $4.9m | $7.9m | $1.3m | $1.5m | $1.5m | $3.2m | $4.9m | $18.4m | ($2.1m) | |
| Liabilities and Equity | $301.8m | $463.3m | $482.6m | $961.9m | $952.7m | $1.2b | $1.4b | $1.8b | $2.0b | $2.6b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.