Sterling Construction Company Inc (STRL)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 257,461 | 138,655 | 106,461 | 62,645 | 42,306 |
| Revenue | US$ in thousands | 2,115,760 | 1,972,230 | 1,769,440 | 1,414,370 | 1,226,740 |
| Net profit margin | 12.17% | 7.03% | 6.02% | 4.43% | 3.45% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $257,461K ÷ $2,115,760K
= 12.17%
The net profit margin of Sterling Construction Company Inc demonstrates a consistent upward trend over the analyzed period from December 31, 2020, to December 31, 2024. Starting at 3.45% in 2020, the margin increased annually, reflecting an improvement in the company's profitability relative to its revenue. By 2021, the margin had grown to 4.43%, and this positive trajectory continued into 2022 with a margin of 6.02%. Further growth was observed in 2023, reaching 7.03%, indicating enhanced efficiency or favorable revenue and cost management. The most notable increase is seen in 2024, where the net profit margin surged to 12.17%, more than doubling the level from the previous year. This overall pattern suggests that Sterling Construction has significantly strengthened its profitability over the five-year period, likely driven by improved operational performance, cost control measures, or increased revenue quality.
Peer comparison
Dec 31, 2024