Sterling Construction Company

Sterling Construction Company, Inc. is a heavy civil construction company engaged in the building and reconstruction of transportation and water infrastructure projects in Texas, Utah, Nevada, Arizona, California, Hawaii and other states. The Company's transportation infrastructure projects include highways, roads, bridges, airfields, ports and light rail. Its water infrastructure projects include water, wastewater and storm drainage systems. The Company operates through heavy civil construction segment. The Company provides its services by using traditional general contracting arrangements, such as lump sum contracts and cost-plus contracts. The Company serves various markets in the United States, including Texas, Utah, Nevada, Arizona, California and Hawaii. The Company's customers include departments of transportation in various states (DOTs), regional transit authorities, airport authorities, port authorities, water authorities and railroads.

Company Growth (employees)
Type
Public
HQ
The Woodlands, US
Founded
1955
Size (employees)
1,684 (est)+8%
Website
strlco.com
Sterling Construction Company was founded in 1955 and is headquartered in The Woodlands, US

Sterling Construction Company Office Locations

Sterling Construction Company has an office in The Woodlands
The Woodlands, US (HQ)
250 1800 Hughes Landing Blvd

Sterling Construction Company Data and Metrics

Sterling Construction Company Financial Metrics

Sterling Construction Company's revenue was reported to be $153.4 m in Q1, 2017
USD

Revenue (Q1, 2017)

153.4 m

Gross profit (Q1, 2017)

297.5 m

Gross profit margin (Q1, 2017), %

194%

Net income (Q1, 2017)

(1.9 m)

EBIT (Q1, 2017)

(1.8 m)

Market capitalization (17-Aug-2017)

266.8 m

Cash (31-Mar-2017)

37.1 m
Sterling Construction Company's current market capitalization is $266.8 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

556.2 m672.2 m623.6 m690.1 m

Revenue growth, %

21%(7%)11%

Cost of goods sold

586.2 m639.8 m594.6 m646.3 m

Gross profit

(29.9 m)32.4 m29 m43.9 m

Gross profit Margin, %

(5%)5%5%6%

EBIT

(69.6 m)(4.2 m)(14.4 m)(4.7 m)

EBIT margin, %

(13%)(1%)(2%)(1%)

Interest income

879 k754 k460 k33 k

Net Income

(70 m)(5.2 m)(17.2 m)(7.4 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

194.8 m189.3 m117.7 m177.4 m176 m126.6 m189.6 m205.6 m153.4 m

Cost of goods sold

(182.3 m)(180.9 m)(124.5 m)(168.3 m)(161.5 m)(122.7 m)(173.5 m)(188.6 m)(144.1 m)

Gross profit

377.1 m370.2 m242.2 m345.7 m337.5 m249.3 m363.1 m394.2 m297.5 m

Gross profit Margin, %

194%196%206%195%192%197%192%192%194%

General and administrative expense

(9.5 m)(9.3 m)(11.6 m)(9.6 m)(11.1 m)(10.5 m)(9.1 m)(9.6 m)(10.6 m)

Operating expense total

(9.5 m)(9.3 m)(11.6 m)(9.6 m)(11.1 m)(10.5 m)(9.1 m)(9.6 m)(10.6 m)

EBIT

2.5 m(1.6 m)(16.7 m)(162 k)2.4 m(6.5 m)3.4 m3.7 m(1.8 m)

EBIT margin, %

1%(1%)(14%)(0%)1%(5%)2%2%(1%)

Interest expense

(251 k)(211 k)(382 k)(634 k)(1.1 m)(873 k)(812 k)(491 k)(112 k)

Interest income

189 k113 k363 k69 k32 k3 k1 k15 k41 k

Income tax expense

(28 k)(546 k)(3 k)(28 k)39 k(27 k)(41 k)(27 k)

Net Income

2.4 m(2.2 m)(16.7 m)(995 k)1.4 m(7.3 m)2.5 m3.2 m(1.9 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

1.9 m22.8 m4.4 m42.8 m

Inventories

6.2 m7.4 m2.5 m3.7 m

Current Assets

114.5 m157 m134.9 m175.9 m

PP&E

93.7 m87.1 m73.5 m68.1 m

Goodwill

54.8 m54.8 m54.8 m54.8 m

Total Assets

273 m306.5 m267.3 m301.8 m

Accounts Payable

61.6 m66.8 m59 m67.1 m

Current Liabilities

105.8 m104.7 m104.6 m146.6 m

Non-Current Liabilities

34.4 m60.7 m66.9 m47.1 m

Total Liabilities

140.2 m165.3 m171.5 m193.7 m

Additional Paid-in Capital

190.9 m205.7 m188.1 m208.9 m

Retained Earnings

(62.3 m)(72.1 m)(92.5 m)(101.7 m)

Total Equity

132.8 m141.1 m95.8 m108.1 m

Financial Leverage

2.1 x2.2 x2.8 x2.8 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

14.3 m17 m17.2 m14.3 m11.5 m14.9 m42.6 m43 m37.1 m

Inventories

5.6 m6.6 m5.5 m5.8 m2.6 m2.9 m3.7 m4 m3.8 m

Current Assets

177 m181.4 m157.3 m162.7 m157.2 m153.7 m201.1 m200.1 m181 m

PP&E

88.9 m90.5 m82.5 m80.8 m74.6 m72.5 m72 m70.4 m65.8 m

Goodwill

54.8 m54.8 m54.8 m54.8 m54.8 m54.8 m54.8 m54.8 m54.8 m

Total Assets

329.7 m335.1 m301 m307.3 m290.7 m284 m331 m328.2 m304.6 m

Accounts Payable

90.2 m81.1 m71.5 m75.8 m59.5 m63.4 m79.9 m76.9 m71.4 m

Current Liabilities

135.9 m127.7 m120.2 m131.5 m115.6 m121.4 m157.4 m159.4 m151.8 m

Non-Current Liabilities

44.7 m60.4 m56.3 m54.4 m52.6 m73.8 m62.7 m54.3 m46 m

Additional Paid-in Capital

205.3 m205.5 m205.7 m206 m206.6 m188.5 m208 m208.4 m209.6 m

Retained Earnings

(60.9 m)(64.8 m)(89.1 m)(91.6 m)(91.4 m)(99.8 m)(97.8 m)(95.4 m)(104 m)

Total Equity

149.1 m146.9 m124.5 m121.4 m122.5 m88.8 m110.9 m114.5 m106.8 m

Financial Leverage

2.2 x2.3 x2.4 x2.5 x2.4 x3.2 x3 x2.9 x2.9 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(70 m)(5.2 m)(17.2 m)(7.4 m)

Depreciation and Amortization

18.7 m18.3 m16.5 m16 m

Inventories

(1.2 m)

Accounts Payable

5.2 m(7.8 m)8.1 m

Cash From Operating Activities

(21.6 m)(10.5 m)9 m44.5 m

Purchases of PP&E

(14.9 m)(13.5 m)(8.1 m)(10.9 m)

Cash From Investing Activities

40.1 m(7.4 m)(4.5 m)(8.2 m)

Cash From Financing Activities

(19.8 m)38.9 m(22.9 m)2 m

Interest Paid

595 k1.1 m2.9 m2.6 m

Income Taxes Paid

170 k1 k547 k72 k
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

2.4 m(2.2 m)(16.7 m)(995 k)1.4 m(7.3 m)2.5 m3.2 m(1.9 m)

Inventories

5.6 m6.6 m5.5 m5.8 m2.6 m2.9 m3.7 m4 m3.8 m

Accounts Payable

90.2 m81.1 m71.5 m75.8 m59.5 m63.4 m79.9 m76.9 m71.4 m
USDY, 2017

Revenue/Employee

94.4 k

Financial Leverage

2.9 x

Sterling Construction Company Market Value History

Traffic Overview of Sterling Construction Company

Sterling Construction Company Online and Social Media Presence

Sterling Construction Company Company Life and Culture

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