Sterling Infrastructure Inc - Company Profile
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Sterling Infrastructure Inc (Sterling), formerly Sterling Construction Co Inc, is a heavy civil construction contracting company. It provides general contracting and civil construction services for highways, roads, bridges, airfields, ports, water, wastewater, and light rail infrastructure. Sterling carries out the installation of water and wastewater and storm drainage systems. The company also provides construction services for laying foundations for multi-family homes, commercial concrete projects, and parking structures. It executes residential projects, which include concrete foundations for single-family homes and multi-family homes. The company operates in the US states such as Texas, Utah, Colorado, Nevada, Arizona, California and Hawaii. Sterling is headquartered in Woodlands, Texas, the US.
Headquarters
United States of America
Address
Suite 250, 1800 Hughes Landing Blvd, The Woodlands, Texas, 77380
Website
www.strlco.com
Telephone
1 281 2140800
No of Employees
3,000
Industry
Construction
Ticker Symbol & Exchange
STRL (NASD)
Revenue (2022)
$2.0B
11.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
30.2%
(2022 vs 2021)
Market Cap*
$3.3B
Net Profit Margin (2022)
XYZ
16.8%
(2022 vs 2021)
* As of and is in US$
Sterling Infrastructure Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Civil Construction |
| Concrete and Asphalt Paving |
| Concrete Slip Forming |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In February, the company's Road and Highway Builders secured a US$155 million contract for runway extension at the Lihue Airport located in Kauai, Hawaii. |
| 2023 | Acquisitions/Mergers/Takeovers | In November, the company acquired Professional Plumbers Group. |
| 2023 | Contracts/Agreements | In July, Ralph L. Wadsworth Construction Company along with WW Clyde & Co secured a US$216 million design-build contract from the Utah Department of Transportation for the Bangerter South Highway Interchanges Project. |
Competitor Comparison
| Key Parameters | Sterling Infrastructure Inc | Bechtel Corp | Fluor Corp | Primoris Services Corp | Comfort Systems USA Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | The Woodlands | Reston | Irving | Dallas | Houston |
| State/Province | Texas | Virginia | Texas | Texas | Texas |
| No. of Employees | 3,000 | - | 30,187 | 2,773 | 15,800 |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Joseph A. Cutillo | President; Chief Executive Officer; Director | Executive Board | 2017 | 58 |
| Ronald A. Ballschmiede | Chief Financial Officer; Executive Vice President; Chief Accounting Officer | Senior Management | 2015 | 68 |
| Mark D. Wolf | Chief Compliance Officer; General Counsel; Secretary - Corporate | Senior Management | 2020 | 63 |
| Thomas M. White | Chairman | Non Executive Board | 2019 | 66 |
| Sharon Villaverde | Vice President - Finance | Senior Management | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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