Can Data Center Demand Keep Driving Sterling's Margins in 2025?

Key Takeaways STRL's E-Infrastructure segment revenues rose 18% in Q1 2025, fueled by strong data-center demand. Data-center work now makes up over 65% of STRL's E-Infrastructure backlog, boosting revenue visibility. Backlog gross margin rose to 17.7% from 16.7%, led by higher-margin E-Infrastructure project growth.Sterling Infrastructure, Inc. (STRL) has steadily carved out a strong position in the data-center construction space, capitalizing on growing demand for E-Infrastructure projects. The company’s ...