Sterling Construction Company Inc (STRL)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 278,573 | 264,622 | 258,119 | 227,764 | 215,293 | 205,795 | 187,070 | 177,619 | 158,446 | 154,088 | 136,826 | 121,171 | 112,801 | 107,287 | 108,418 | 105,218 | 105,544 | 94,892 | 83,712 | 66,996 |
| Total assets | US$ in thousands | 2,034,540 | 2,016,770 | 2,023,580 | 1,964,550 | 1,817,500 | 1,777,180 | 1,723,800 | 1,567,360 | 1,431,130 | 1,441,620 | 1,503,330 | 1,353,530 | 1,242,730 | 1,231,000 | 1,064,320 | 1,027,190 | 947,216 | 952,694 | 1,022,510 | 1,017,510 |
| Operating ROA | 13.69% | 13.12% | 12.76% | 11.59% | 11.85% | 11.58% | 10.85% | 11.33% | 11.07% | 10.69% | 9.10% | 8.95% | 9.08% | 8.72% | 10.19% | 10.24% | 11.14% | 9.96% | 8.19% | 6.58% |
March 31, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $278,573K ÷ $2,034,540K
= 13.69%
The operating return on assets (ROA) for Sterling Construction Company Inc demonstrated a general trend of improvement over the period from June 30, 2020, through March 31, 2025. Starting at 6.58% in June 2020, the metric exhibited a consistent upward trajectory with some fluctuations, reaching 13.69% by March 31, 2025. Notably, the figure rose steadily after the initial period, with several intermediate peaks and troughs. For example, it increased from 8.19% in September 2020 to 9.96% in December 2020, followed by a significant rise to 11.14% in March 2021 and further advancements, reaching a peak of approximately 13.69% in the final quarter of the period analyzed.
Throughout this timeframe, the operating ROA showed signs of stability and growth, reflecting enhanced operational efficiency and asset utilization. The consistent upward trend from mid-2022 onward indicates potential improvements in operational performance and profitability, with the measure surpassing 11% in multiple quarters and culminating in a new high of 13.69% in March 2025. Overall, the data suggests that Sterling Construction Company Inc has managed to improve its ability to generate operating income relative to its assets over this period, aligning with a positive outlook on its operational profitability and asset management.
Peer comparison
Mar 31, 2025