Sterling Infrastructure (STRL) FY Earnings Call Presentation

Financial Highlights - The company's market capitalization was $5.77 billion as of June 2, 2025 [13] - The company reported 2024 revenue of $2.12 billion [13] - The company's 2024 adjusted EBITDA was $329 million, with a 15.1% margin [13] - The company had a net cash position of $329 million as of March 31, 2025 [13] Growth and Strategy - The company is focused on high-margin growth, strategic market expansion, and operational excellence [5] - The company's backlog includes approximately $750 million of future phases of work associated with current projects [26] - The company's Q1 2025 revenue was $430.9 million [57] - The company's Q1 2025 adjusted EBITDA was $80.3 million [57] Segment Performance - E-Infrastructure Solutions revenue was $924 million in 2024, with a 22.0% operating margin [38] - Transportation Solutions revenue was $784 million in 2024, with a 6.5% operating margin [45, 46] - Building Solutions revenue was $408 million in 2024, with a 13.2% operating margin [52] 2025 Guidance - The company projects full year 2025 revenue between $2.05 billion and $2.15 billion [69] - The company projects full year 2025 adjusted EBITDA between $410 million and $432 million [69]