Sterling Construction Company Inc (STRL)
Gross profit margin
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 444,059 | 426,123 | 411,201 | 373,269 | 352,800 | 337,638 | 314,849 | 305,005 | 281,115 | 275,512 | 262,220 | 238,001 | 225,864 | 214,757 | 205,692 | 197,804 | 201,156 | 191,369 | 178,339 | 157,639 |
| Revenue (ttm) | US$ in thousands | 2,106,345 | 2,115,756 | 2,102,901 | 2,069,507 | 2,009,010 | 1,972,229 | 1,934,858 | 1,931,453 | 1,919,696 | 1,926,437 | 1,879,165 | 1,785,672 | 1,676,770 | 1,581,766 | 1,527,659 | 1,447,668 | 1,446,040 | 1,427,412 | 1,426,728 | 1,334,969 |
| Gross profit margin | 21.08% | 20.14% | 19.55% | 18.04% | 17.56% | 17.12% | 16.27% | 15.79% | 14.64% | 14.30% | 13.95% | 13.33% | 13.47% | 13.58% | 13.46% | 13.66% | 13.91% | 13.41% | 12.50% | 11.81% |
March 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $444,059K ÷ $2,106,345K
= 21.08%
The gross profit margin of Sterling Construction Company Inc. exhibits a consistent upward trajectory over the analyzed period. Starting at 11.81% at the end of June 2020, the margin demonstrates a steady increase, reaching 21.08% by March 2025. The data indicates gradual improvements in the company's ability to generate gross profit relative to sales, with notable increments observed particularly after September 2022. The margin's progression from approximately 13.41% at the end of 2020 to over 17% during 2023 and surpassing 20% in early 2025 suggests effective cost management, pricing strategies, or both. This upward trend in gross profit margin reflects positively on the company's operational efficiency and potential for enhanced profitability over the period examined.
Peer comparison
Mar 31, 2025