Sterling Construction Company Inc (STRL)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| ROA | 13.07% | 12.77% | 9.11% | 8.27% | 8.26% | 7.80% | 6.91% | 6.97% | 6.69% | 6.62% | 5.70% | 5.71% | 5.74% | 5.09% | 5.41% | 5.02% | 5.25% | 4.44% | 5.75% | 5.07% |
March 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $265,890K ÷ $2,034,540K
= 13.07%
The analysis of Sterling Construction Company Inc.'s return on assets (ROA) from June 30, 2020, through March 31, 2025, reveals a consistent upward trend over the specified period. Beginning at approximately 5.07% in June 2020, the ROA demonstrated some variability but maintained a generally positive trajectory. Notably, there was a decline observed toward the end of 2020, with the ROA dipping to 4.44% by December 31, 2020. However, from early 2021 onwards, the ROA steadily recovered and showed gradual growth.
Throughout 2021, the ROA hovered mostly between 5.00% and 5.75%, indicating stable profitability relative to total assets. From the start of 2022, the company advanced further, with the ROA reaching approximately 6.69% by March 2023 and maintaining levels close to 6.90% into mid-2023. The upward momentum accelerated notably from late 2023, with the ROA increasing sharply, reaching 12.77% at the close of 2024. This substantial improvement continued into early 2025, with the ROA reaching approximately 13.07% in the first quarter of 2025.
This sustained rise suggests increased efficiency in asset utilization and improved profitability margins over the analyzed period. The trend indicates that Sterling Construction has been able to generate higher net income from its assets, potentially reflecting operational improvements, successful project execution, or financial strategy enhancements. Overall, the period reflects a positive outlook, with a clear trajectory of improved return on assets, especially prominent in the most recent years.
Peer comparison
Mar 31, 2025