STRL (Sterling Infrastructure) Scaled Net Operating Assets: 0.39 (As of Mar. 2026)


STRL Sterling Infrastructure Inc STRL
83 GF Score
Price $897.11
GF Value $207.14
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Sterling Infrastructure Scaled Net Operating Assets?

Sterling Infrastructure STRL +3.44% 83 Scaled Net Operating Assets is 0.39 as of Mar. 2026. GuruFocus rates STRL with a GF Score™ of 83/100 and a GF Value™ of $207.14 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Sterling Infrastructure's operating assets for the quarter that ended in Mar. 2026 was $2,272 Mil. Sterling Infrastructure's operating liabilities for the quarter that ended in Mar. 2026 was $1,246 Mil. Sterling Infrastructure's Total Assets for the quarter that ended in Dec. 2025 was $2,634 Mil. Therefore, Sterling Infrastructure's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.39.


Sterling Infrastructure Scaled Net Operating Assets Historical Data

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The historical data trend for Sterling Infrastructure's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Sterling Infrastructure Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.64 0.38 0.30 0.53

Sterling Infrastructure Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.27 0.27 0.53 0.42 0.39

STRL vs MTZ, APG, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, Sterling Infrastructure's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Sterling Infrastructure's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Sterling Infrastructure's Scaled Net Operating Assets falls into.


STRL
83GF Score
Sterling Infrastructure Inc STRL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Sterling Infrastructure Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Sterling Infrastructure's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(2243.11-1177.482)/2016.774
=0.53

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2633.831 - 390.721
=2243.11

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1527.396 - 316.089 - 33.825
=1177.482

Sterling Infrastructure's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(2271.814-1246.217)/2633.831
=0.39

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2783.672 - 511.858
=2271.814

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1588.403 - 310.848 - 31.338
=1246.217

* 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.

What does a Scaled Net Operating Assets of 0.39 mean?
Sterling Infrastructure (STRL) has a Scaled Net Operating Assets of 0.39 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Sterling Infrastructure and its competitors.
Is Sterling Infrastructure's Scaled Net Operating Assets too high?
Sterling Infrastructure's current Scaled Net Operating Assets is 0.39. 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 Scaled Net Operating Assets compare to MTZ and APG?
Sterling Infrastructure's Scaled Net Operating Assets of 0.39 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Construction company?
A good Scaled Net Operating Assets depends on the Construction industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Sterling Infrastructure and its competitors. Sterling Infrastructure's current Scaled Net Operating Assets is 0.39. 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 $207.14, compared to a current price of $897.11 — trading 333.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.39. Sterling Infrastructure's overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Sterling Infrastructure (STRL), the current Scaled Net Operating Assets is 0.39 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 $897.11 is trading 333.1% above its estimated GF Value™ of $207.14. GuruFocus considers Sterling Infrastructure to be Significantly Overvalued.

Key valuation signals for STRL:

  • Scaled Net Operating Assets: 0.39
  • GF Value™: $207.14 vs. price of $897.11 (333.1% above fair value)
  • GF Score™: 83/100 with 6 warning signs

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

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$897.11
Price
$207.14
GF Value