STRL (Sterling Infrastructure) Debt-to-Equity: 0.29 (As of Mar. 2026) — 53% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STRL Sterling Infrastructure Inc STRL
83 GF Score
Price $641.35
GF Value $213.83
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Sterling Infrastructure Debt-to-Equity?

Sterling Infrastructure STRL -4.11% 83 Debt-to-Equity is 0.29 as of Mar. 2026, which is 53% below its 10-year median of 0.62. GuruFocus rates STRL with a GF Score™ of 83/100 and a GF Value™ of $213.83 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,611 Construction companies, Sterling Infrastructure ranks better than 59.22% on this metric.

Sterling Infrastructure's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $31 Mil. Sterling Infrastructure's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $311 Mil. Sterling Infrastructure's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $1,190 Mil. Sterling Infrastructure's debt to equity for the quarter that ended in Mar. 2026 was 0.29.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Sterling Infrastructure's Debt-to-Equity or its related term are showing as below:

STRL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.62   Max: 2.18
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of Sterling Infrastructure was 2.18. The lowest was 0.04. And the median was 0.62.

STRL's Debt-to-Equity is ranked better than
59.22% of 1611 companies
in the Construction industry
Industry Median: 0.4 vs STRL: 0.29

Sterling Infrastructure  (NAS:STRL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Sterling Infrastructure Debt-to-Equity Related Terms


Sterling Infrastructure Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Sterling Infrastructure's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sterling Infrastructure Debt-to-Equity Chart

Sterling Infrastructure Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 1.04 0.64 0.46 0.32

Sterling Infrastructure Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 0.39 0.34 0.32 0.29

STRL vs MTZ, APG, J: Debt-to-Equity Comparison

For the Engineering & Construction subindustry, Sterling Infrastructure's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sterling Infrastructure Debt-to-Equity vs Construction Industry

For the Construction industry and Industrials sector, Sterling Infrastructure's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sterling Infrastructure's Debt-to-Equity falls into.


STRL
83GF Score
Sterling Infrastructure Inc STRL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sterling Infrastructure Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sterling Infrastructure's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Sterling Infrastructure's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.29 mean?
Sterling Infrastructure (STRL) has a Debt-to-Equity of 0.29 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Sterling Infrastructure and its competitors. This is 53% below median its historical median of 0.62. Over the past decade, Sterling Infrastructure's Debt-to-Equity has ranged from 0.04 to 2.18. According to the industry distribution chart, Sterling Infrastructure ranks #657 out of 1611 companies in the Construction industry, placing it in the top 40.8%.
Is Sterling Infrastructure's Debt-to-Equity too high?
Sterling Infrastructure's current Debt-to-Equity of 0.29 is 53% below median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 2.18. The Construction industry median Debt-to-Equity is 0.40. Sterling Infrastructure's value of 0.29 is 27.5% below this industry median. Based on the distribution chart, Sterling Infrastructure ranks #657 out of 1611 companies in the Construction industry, which is above the industry midpoint. Overall, Sterling Infrastructure has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sterling Infrastructure's Debt-to-Equity compare to MTZ and APG?
According to the Construction industry distribution chart, Sterling Infrastructure ranks #657 out of 1611 companies for Debt-to-Equity. This puts Sterling Infrastructure in the upper half of its industry. The industry median Debt-to-Equity is 0.40. Sterling Infrastructure's value of 0.29 is 27.5% below this benchmark. Historically, Sterling Infrastructure's own Debt-to-Equity has ranged from 0.04 to 2.18 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.40, Sterling Infrastructure has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,611 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sterling Infrastructure's current Debt-to-Equity of 0.29 is 27.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Sterling Infrastructure and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sterling Infrastructure's current Debt-to-Equity is 0.29, which is 53% below median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sterling Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Sterling Infrastructure (STRL) is currently considered Significantly Overvalued. The stock's GF Value™ is $213.83, compared to a current price of $641.35 — trading 199.9% above its estimated fair value. The current Debt-to-Equity is 0.29, which is 53% below median its 10-year median of 0.62 and 27.5% below the Construction industry median of 0.40. Sterling Infrastructure's overall GF Score™ is 83/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Sterling Infrastructure (STRL), the current Debt-to-Equity is 0.29 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sterling Infrastructure (STRL) Overvalued in 2026?

Based on GuruFocus' analysis, Sterling Infrastructure stock appears to be overvalued. The current stock price of $641.35 is trading 199.9% above its estimated GF Value™ of $213.83. GuruFocus considers Sterling Infrastructure to be Significantly Overvalued.

Key valuation signals for STRL:

  • Debt-to-Equity: 0.29 (53% below median its 10-year median of 0.62)
  • GF Value™: $213.83 vs. price of $641.35 (199.9% above fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 27.5% below the Construction median (#657 of 1611)

No single metric tells the full story. See the STRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sterling Infrastructure Business Description

Other Exchanges 1STRL:ItalyUAO:Germany
Address 1800 Hughes Landing Boulevard, Suite 250, The Woodlands, TX, USA, 77380
Sterling Infrastructure Inc operates through subsidiaries within three segments: E-Infrastructure, Transportation, and Building Solutions in the United States, mainly across the Southern, Northeastern, Mid-Atlantic, and Rocky Mountain regions and the Pacific Islands. E-Infrastructure Solutions generates maximum revenue and provides site development and mission-critical electrical services for data centers, manufacturing, distribution centers, warehousing, and power generation. Transportation Solutions includes infrastructure and rehabilitation projects for highways, airports, ports, rail, and storm drainage systems. Building Solutions includes residential and commercial concrete foundations, parking structures, plumbing services, and surveys for new single-family residential builds.
83GF Score

Get the complete analysis for STRL

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$641.35
Price
$213.83
GF Value