Sterling Construction Company Inc (STRL)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 265,890 | 257,461 | 184,421 | 162,453 | 150,054 | 138,655 | 119,139 | 109,309 | 95,790 | 95,393 | 85,644 | 77,247 | 71,342 | 62,645 | 57,561 | 51,592 | 49,746 | 42,306 | 58,783 | 51,583 |
| 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 |
| Net profit margin | 12.62% | 12.17% | 8.77% | 7.85% | 7.47% | 7.03% | 6.16% | 5.66% | 4.99% | 4.95% | 4.56% | 4.33% | 4.25% | 3.96% | 3.77% | 3.56% | 3.44% | 2.96% | 4.12% | 3.86% |
March 31, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $265,890K ÷ $2,106,345K
= 12.62%
The net profit margin of Sterling Construction Company Inc. exhibits a consistent upward trend over the analyzed period from June 30, 2020, to March 31, 2025. Initially, the margin was approximately 3.86% as of June 30, 2020, demonstrating modest profitability. Throughout the subsequent quarters, the margin experienced gradual fluctuations, with a slight decline reaching a low of 2.96% by December 31, 2020, potentially reflecting challenges or increased costs during that period.
From early 2021 onwards, the net profit margin demonstrated a steady increase, reaching approximately 3.96% by December 31, 2021, and continuing to grow more markedly in 2022. The margin surpassed 4% in March 2022, and by September 2022, it had risen to around 4.56%. This upward trajectory persisted, culminating in near-double-digit figures by December 2024, with a notable value of 12.17%. The margin continues to expand into March 2025, reaching approximately 12.62%.
This progression indicates that the company's profitability relative to its revenue has improved substantially over time. The consistent increase suggests effective cost management, improved operational efficiency, or favorable market conditions. The sharp rise in net profit margin towards the end of the observed period points to a strengthening financial position, enhanced profit-generating capability, and potentially successful strategic initiatives impacting bottom-line performance.
Peer comparison
Mar 31, 2025