Sterling Infrastructure, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $390.7M | $664.2M | $471.6M | $181.5M | $60.9M | $47.7M | $45.7M | $94.1M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | $3.2M |
| Total Current Assets | $1.03B | $1.02B | $848.0M | $597.3M | $434.7M | $361.5M | $330.3M | $302.6M |
| Property, Plant & Equipment | — | — | — | — | — | — | $116.0M | $52.0M |
| Goodwill | $585.2M | $264.6M | $281.1M | $262.7M | $258.3M | $192.0M | $191.9M | $85.2M |
| Intangible Assets (Excl. Goodwill) | $554.7M | $316.4M | $328.4M | $299.1M | $303.2M | $244.9M | $256.3M | $42.4M |
| Total Assets | $2.63B | $2.02B | $1.78B | $1.44B | $1.23B | $952.7M | $934.7M | $482.6M |
| Liabilities | ||||||||
| Accounts Payable | $226.8M | $130.4M | $146.0M | $121.9M | $112.7M | $95.2M | $137.6M | $99.4M |
| Total Current Liabilities | $1.02B | $742.0M | $678.2M | $446.6M | $351.8M | $321.9M | $266.3M | $179.2M |
| Long-Term Debt | $275.9M | $289.9M | $315.0M | $398.7M | $428.5M | $291.2M | $390.6M | $79.1M |
| Total Liabilities | $1.53B | $1.19B | $1.15B | $963.8M | $874.5M | $684.0M | $713.5M | $310.3M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $872.6M | $582.5M | $325.0M | $186.4M | $79.9M | $17.3M | $-25.0M | $-64.9M |
| Total Stockholders' Equity | $1.11B | $808.1M | $618.9M | $474.6M | $358.8M | $267.3M | $219.9M | $164.4M |