Sterling Infrastructure annual free cash flow
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2025
Sterling Infrastructure Free Cash Flow (FCF) History (STRL)
Sterling Infrastructure reported $362.7M in free cash flow for fiscal 2025, a decrease of 12.85% from the previous fiscal year, with a free cash flow margin of 14.57%.
View full Sterling Infrastructure company overviewSterling Infrastructure free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $362.7M | −$53.5M | −12.85% | +14.57% |
| 2024 | 2024-12-31 | $416.1M | $1.9M | +0.47% | +19.67% |
| 2023 | 2023-12-31 | $414.2M | $256.0M | +161.81% | +21.00% |
| 2022 | 2022-12-31 | $158.2M | $45.9M | +40.90% | +8.94% |
| 2021 | 2021-12-31 | $112.3M | $22.2M | +24.71% | +7.94% |
| 2020 | 2020-12-31 | $90.0M | $63.4M | +237.58% | +7.34% |
| 2019 | 2019-12-31 | $26.7M | $367,000 | +1.40% | +2.37% |
| 2018 | 2018-12-31 | $26.3M | $11.0M | +71.39% | +2.53% |
| 2017 | 2017-12-31 | $15.3M | −$18.0M | −54.03% | +1.60% |
| 2016 | 2016-12-31 | $33.4M | $32.8M | +5558.64% | +4.84% |
| 2015 | 2015-12-31 | $590,000 | $24.6M | — | +0.09% |
| 2014 | 2014-12-31 | −$24.0M | $12.4M | — | −3.57% |
| 2013 | 2013-12-31 | −$36.5M | −$23.9M | — | −6.56% |
| 2012 | 2012-12-31 | −$12.6M | −$9.6M | — | −1.99% |
| 2011 | 2011-12-31 | −$3.0M | −$36.7M | — | −0.60% |
| 2010 | 2010-12-31 | $33.7M | −$8.4M | −19.98% | +7.32% |
| 2009 | 2009-12-31 | $42.1M | — | — | +10.76% |
Sterling Infrastructure quarterly free cash flow
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Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $112.4M | $40.3M | +55.97% | +9.62% |
| Q1 2026 | 2026-03-31 | $145.9M | $79.0M | +117.95% | +17.68% |
| Q4 2025 | 2025-12-31 | $159.7M | $1.0M | +0.65% | +21.13% |
| Q3 2025 | 2025-09-30 | $64.0M | −$74.3M | −53.74% | +9.28% |
| Q2 2025 | 2025-06-30 | $72.1M | −$20.0M | −21.72% | +11.73% |
| Q1 2025 | 2025-03-31 | $67.0M | $39.8M | +146.54% | +15.54% |
| Q4 2024 | 2024-12-31 | $158.6M | $26.4M | +19.96% | +31.80% |
| Q3 2024 | 2024-09-30 | $138.3M | −$1.4M | −1.04% | +23.29% |
| Q2 2024 | 2024-06-30 | $92.1M | −$15.3M | −14.26% | +15.80% |
| Q1 2024 | 2024-03-31 | $27.2M | −$7.7M | −22.04% | +6.17% |
| Q4 2023 | 2023-12-31 | $132.2M | $64.4M | +94.83% | +27.21% |
| Q3 2023 | 2023-09-30 | $139.7M | $62.4M | +80.74% | +24.94% |
| Q2 2023 | 2023-06-30 | $107.4M | $106.0M | +7411.26% | +20.56% |
| Q1 2023 | 2023-03-31 | $34.8M | $23.2M | +200.34% | +8.63% |
| Q4 2022 | 2022-12-31 | $67.9M | $52.0M | +328.10% | +15.13% |
| Q3 2022 | 2022-09-30 | $77.3M | $50.2M | +185.42% | +15.68% |
| Q2 2022 | 2022-06-30 | $1.4M | −$41.0M | −96.63% | +0.31% |
| Q1 2022 | 2022-03-31 | $11.6M | −$15.3M | −56.85% | +3.17% |
| Q4 2021 | 2021-12-31 | $15.9M | −$4.0M | −20.19% | +6.78% |
| Q3 2021 | 2021-09-30 | $27.1M | −$5.3M | −16.44% | +5.84% |
| Q2 2021 | 2021-06-30 | $42.5M | $8.1M | +23.66% | +10.57% |
| Q1 2021 | 2021-03-31 | $26.9M | $23.5M | +686.68% | +8.53% |
| Q4 2020 | 2020-12-31 | $19.9M | −$6.2M | −23.78% | +13.55% |
| Q3 2020 | 2020-09-30 | $32.4M | $22.6M | +231.26% | +8.45% |
| Q2 2020 | 2020-06-30 | $34.3M | $20.5M | +147.43% | +8.58% |
| Q1 2020 | 2020-03-31 | $3.4M | $26.5M | — | +1.15% |
| Q4 2019 | 2019-12-31 | $26.1M | $16.5M | +171.78% | +7.52% |
| Q3 2019 | 2019-09-30 | $9.8M | −$20.1M | −67.26% | +3.35% |
| Q2 2019 | 2019-06-30 | $13.9M | $2.7M | +23.77% | +5.25% |
| Q1 2019 | 2019-03-31 | −$23.1M | $1.3M | — | −10.30% |
| Q4 2018 | 2018-12-31 | $9.6M | −$8.3M | −46.32% | +3.76% |
| Q3 2018 | 2018-09-30 | $29.9M | $14.2M | +90.52% | +10.26% |
| Q2 2018 | 2018-06-30 | $11.2M | $24.5M | — | +4.17% |
| Q1 2018 | 2018-03-31 | −$24.4M | −$19.5M | — | −10.96% |
| Q4 2017 | 2017-12-31 | $17.9M | $37.6M | — | +7.04% |
| Q3 2017 | 2017-09-30 | $15.7M | −$16.4M | −51.11% | +5.16% |
| Q2 2017 | 2017-06-30 | −$13.3M | −$36.3M | — | −5.41% |
| Q1 2017 | 2017-03-31 | −$4.9M | −$2.9M | — | −3.19% |
| Q4 2016 | 2016-12-31 | −$19.7M | −$23.9M | — | −11.71% |
| Q3 2016 | 2016-09-30 | $32.1M | $28.8M | +873.25% | +15.60% |
| Q2 2016 | 2016-06-30 | $23.0M | $25.8M | — | +12.13% |
| Q1 2016 | 2016-03-31 | −$2.0M | $2.1M | — | −1.56% |
| Q4 2015 | 2015-12-31 | $4.2M | −$316,000 | −7.02% | +2.74% |
| Q3 2015 | 2015-09-30 | $3.3M | $16.7M | — | +1.87% |
| Q2 2015 | 2015-06-30 | −$2.8M | −$2.1M | — | −1.57% |
| Q1 2015 | 2015-03-31 | −$4.1M | $10.4M | — | −3.49% |
| Q4 2014 | 2014-12-31 | $4.5M | $17.8M | — | +2.93% |
| Q3 2014 | 2014-09-30 | −$13.4M | −$23.8M | — | −7.07% |
| Q2 2014 | 2014-06-30 | −$679,000 | $17.8M | — | −0.35% |
| Q1 2014 | 2014-03-31 | −$14.5M | $681,000 | — | −10.75% |
| Q4 2013 | 2013-12-31 | −$13.3M | −$23.5M | — | −10.56% |
| Q3 2013 | 2013-09-30 | $10.5M | $38.5M | — | +5.63% |
| Q2 2013 | 2013-06-30 | −$18.5M | −$28.3M | — | −13.87% |
| Q1 2013 | 2013-03-31 | −$15.1M | −$10.6M | — | −13.64% |
| Q4 2012 | 2012-12-31 | $10.2M | −$1.8M | −14.66% | +6.45% |
| Q3 2012 | 2012-09-30 | −$28.0M | −$21.7M | — | −13.66% |
| Q2 2012 | 2012-06-30 | $9.8M | $15.4M | — | +5.81% |
| Q1 2012 | 2012-03-31 | −$4.5M | −$1.5M | — | −4.60% |
| Q4 2011 | 2011-12-31 | $12.0M | $2.5M | +25.90% | +10.49% |
| Q3 2011 | 2011-09-30 | −$6.4M | — | — | −3.98% |
| Q2 2011 | 2011-06-30 | −$5.6M | — | — | −4.37% |
| Q1 2011 | 2011-03-31 | −$3.0M | — | — | −3.01% |
| Q3 2010 | 2010-09-30 | $9.5M | — | — | +7.99% |
Sterling Infrastructure free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $90.0M to $362.7M, a compound annual growth rate of 32.14%. Sterling Infrastructure's latest reported quarter, Q2 2026, generated $112.4M in free cash flow, an increase of 55.97% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Sterling Infrastructure filings at SEC.gov ↗