← 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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($9.2m) |
$11.6m
+225.75%
|
$29.5m
+154.28%
|
$40.7m
+37.76%
|
$42.9m
+5.43%
|
$65.1m
+51.79%
|
$106.5m
+63.48%
|
$138.7m
+30.24%
|
$257.5m
+85.68%
|
$290.2m
+12.70%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($9.2m) |
$11.6m
+225.75%
|
$25.2m
+116.81%
|
$39.9m
+58.42%
|
$42.3m
+6.03%
|
$62.6m
+48.08%
|
$108.2m
+72.72%
|
$142.8m
+32.02%
|
$270.9m
+89.66%
|
$309.7m
+14.32%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($7.4m) | $15.8m | $29.5m | $40.7m | $42.9m | $65.1m | $108.2m | $142.8m | $270.9m | $309.7m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $1.8m | $4.2m | $4.4m | — | — | — | — | — | — | — | — | |
| Depreciation, Depletion and Amortization | $16.0m | $17.0m | $16.8m | $20.7m | $32.8m | $34.2m | $52.1m | $57.4m | $68.4m | $77.1m | $90.5m | |
| Amortization of Debt Issuance Costs | $300k | — | $3.2m | $3.4m | $2.9m | $2.2m | $2.2m | $2.0m | $1.3m | $997k | — | |
| Amortization of Debt Issuance Costs and Discounts | — | — | $3.2m | $3.4m | $3.2m | $2.2m | $2.1m | $1.7m | $1.1m | $787k | — | |
| Amortization of Intangible Assets | — | $1.8m | $2.4m | $4.7m | $11.4m | $11.5m | $14.1m | $15.2m | $17.0m | $22.2m | — | |
| Depreciation | $15.7m | $15.1m | $14.2m | $15.9m | $21.3m | $22.7m | $36.5m | $42.2m | $51.4m | $54.9m | $58.4m | |
| Deferred Income Tax Expense (Benefit) | — | $0 | $1.4m | ($27.4m) | $19.4m | $21.4m | $32.5m | $14.7m | $32.5m | $13.6m | $14.6m | |
| Share-based Payment Arrangement, Noncash Expense | $1.8m | $2.8m | $3.1m | $3.8m | $11.6m | $11.8m | $12.7m | $14.6m | $19.0m | $24.2m | $27.5m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | $9.4m | $9.6m | $21.5m | $21.0m | — | |
| Share-based Payment Arrangement, Expense | $1.8m | $2.8m | $3.1m | — | — | — | — | — | — | — | $27.5m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | — | — | $0 | $0 | $0 | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | — | — | $11.1m | — | $8.6m | $54.7m | — | — | — | — | ($183.7m) | |
| Increase (Decrease) in Inventories | $1.2m | ($305k) | — | — | — | — | — | — | — | — | — | |
| Increase (Decrease) in Accounts Payable | $8.1m | $13.6m | $2.0m | $11.0m | ($42.4m) | $26.6m | $11.9m | $10.3m | ($9.3m) | $33.1m | $88.5m | |
| Other Operating Income (Expense), Net | ($10.0m) | ($14.6m) | ($17.1m) | ($11.8m) | ($12.6m) | ($13.6m) | ($13.3m) | ($17.0m) | ($25.6m) | $18.2m | — | |
| Net Cash Provided by (Used in) Operating Activities | $44.5m |
$23.0m
-48.29%
|
$39.5m
+71.56%
|
$41.1m
+4.10%
|
$119.3m
+190.28%
|
$151.6m
+27.09%
|
$219.1m
+44.54%
|
$478.6m
+118.42%
|
$497.1m
+3.87%
|
$440.0m
-11.49%
|
$597.7m
+35.84%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $10.9m | $9.4m | $13.2m | $15.4m | $32.9m | $46.7m | $60.9m | $64.4m | $81.0m | $77.3m | ($115.7m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $367k | ($171k) | $580k | $527k | $1.5m | $1.4m | $2.6m | $5.3m | $3.5m | $2.8m | $4.7m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $54.9m | $0 | — | $0 | $180.9m | $18.0m | $51.2m | $11.2m | $482.3m | ($584.5m) | |
| Net Cash Provided by (Used in) Investing Activities | ($8.2m) | ($55.9m) | ($11.4m) | ($410.4m) | ($30.5m) | ($223.4m) | ($89.8m) | ($87.8m) | ($185.8m) | ($551.9m) | ($691.9m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | — | — | $87.6m | $77.7m | $48.3m | $23.4m | $93.5m | $26.5m | $24.9m | ($15.2m) | |
| Gain (Loss) on Extinguishment of Debt | — | ($755k) | $0 | ($7.7m) | ($301k) | $2.0m | $2.4m | $0 | — | — | — | |
| Payments for Repurchase of Common Stock | $0 | $0 | $4.7m | $3.2m | $0 | $0 | $0 | $0 | $70.6m | $74.2m | — | |
| Proceeds from Issuance of Common Stock | $19.1m | $0 | $0 | — | — | — | — | — | — | — | — | |
| Proceeds from (Payments for) Other Financing Activities | ($158k) | $637k | ($314k) | ($199k) | $9.8m | ($4k) | $0 | ($16k) | ($36k) | $0 | — | |
| Net Cash Provided by (Used in) Financing Activities | $2.0m |
$74.1m
+3540.90%
|
($17.9m)
-124.24%
|
$320.9m
+1887.92%
|
($68.3m)
-121.29%
|
$87.9m
+228.63%
|
($32.8m)
-137.30%
|
($104.5m)
-218.81%
|
($118.6m)
-13.48%
|
($161.5m)
-36.18%
|
($140.7m)
+12.92%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $84.0m | $94.1m | ($48.4m) | $20.5m | $16.1m | $96.6m | $286.3m | $192.6m | ($273.5m) | $464.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $41.2m | $10.1m | $45.7m | $66.2m | $88.7m | $185.3m | $471.6m | $664.2m | $390.7m | $464.5m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $2.6m | $9.8m | $10.8m | $11.6m | $26.9m | $17.2m | $19.3m | $27.0m | $23.4m | $17.8m | — | |
| Additional Financial Items | ||||||||||||
| Deconsolidation, Gain (Loss), Amount | — | — | — | — | — | — | — | — | $91.3m | $0 | — | |
| Gain (Loss) on Disposition of Business | — | — | — | — | — | — | $16.7m | $0 | $0 | $15.9m | — | |
| Gain (Loss) on Sale of Derivatives | — | $0 | — | — | — | — | — | — | — | — | — | |
| General and Administrative Expense | $38.6m | $48.4m | $50.6m | $49.2m | $71.4m | $78.5m | $86.5m | $98.7m | $118.4m | $154.8m | — | |
| Goodwill | $54.8m | $85.2m | $85.2m | $191.9m | $192.0m | $259.8m | $262.7m | $281.1m | $264.6m | $585.2m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | $96.7m | $138.7m | $257.5m | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | $98.5m | $142.8m | $270.9m | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | $9.7m | $0 | $0 | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | $9.7m | — | — | — | — | |
| Income Tax Expense (Benefit) | $88k | $118k | $1.7m | ($26.2m) | $22.5m | $24.9m | $41.7m | $47.8m | $87.4m | $98.8m | — | |
| Payments of Financing Costs | — | $6.9m | $0 | — | — | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | $30k | ($265k) | $32k | $203k | $0 | $0 | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.