MARKET

STRL

STRL

Sterling Infra
NASDAQ
100.97
-0.58
-0.57%
Pre Market: 100.40 -0.57 -0.56% 09:00 04/25 EDT
OPEN
102.59
PREV CLOSE
101.55
HIGH
105.00
LOW
100.00
VOLUME
117
TURNOVER
0
52 WEEK HIGH
116.36
52 WEEK LOW
35.56
MARKET CAP
3.15B
P/E (TTM)
22.73
1D
5D
1M
3M
1Y
5Y
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Sterling Infrastructure (NASDAQ:STRL) Could Easily Take On More Debt
Sterling Infrastructure, Inc. (NASDAQ:STRL) has US$340.8m in debt, but has net cash of US$130.7m. The company uses debt to fund its business, but does not have a heavy debt load. Sterling Infrastructure converted 143% of its EBIT to free cash flow in the last three years. Despite its debt, the company has been able to increase its earnings by 29%. Sterling Infrastructure's debt is not a problem for shareholders, but shareholders should watch its balance sheet.
Simply Wall St · 3d ago
Weekly Report: what happened at STRL last week (0415-0419)?
Weekly Report · 3d ago
Sterling Infrastructure Stock: Why I'm Still Bullish
Seeking Alpha · 5d ago
More
About STRL
Sterling Infrastructure, Inc. operates through a variety of subsidiaries, specializing in E-Infrastructure, Transportation and Building Solutions in the United States. Its segments include E-Infrastructure Solutions, Transportation Solutions, and Building Solutions. The E-Infrastructure Solutions segment is a provider of large-scale specialty site infrastructure improvement contracting services in the Southeastern, Northeastern and Mid-Atlantic United States. It serves large, blue-chip end users in the e-commerce, data center, distribution center, warehousing, energy sectors and more. The Transportation Solutions segment is comprised of heavy highway, aviation, and rail, and relies heavily on federal and state infrastructure spending. The principal markets of this segment are Arizona, Colorado, Hawaii, Nevada, Texas, and Utah. The Building Solutions segment is comprised of its residential and commercial businesses. It focuses on concrete construction of multifamily foundations.

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