STRL (Sterling Infrastructure) Altman Z-Score: 12.22 (As of Jun. 25, 2026) — 333% Above Median


STRL Sterling Infrastructure Inc STRL
83 GF Score
Price $867.23
GF Value $207.14
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Sterling Infrastructure Altman Z-Score?

Sterling Infrastructure STRL -2.80% 83 Altman Z-Score is 12.22 as of Jun. 25, 2026, which is 333% above its 10-year median of 2.82. 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. Among 1,758 Construction companies, Sterling Infrastructure ranks better than 96.47% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Good Sign:

Altman Z-score of 12.22 is strong.

Sterling Infrastructure has a Altman Z-Score of 12.22, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Sterling Infrastructure's Altman Z-Score or its related term are showing as below:

STRL' s Altman Z-Score Range Over the Past 10 Years
Min: 1.64   Med: 2.82   Max: 12.22
Current: 12.22

During the past 13 years, Sterling Infrastructure's highest Altman Z-Score was 12.22. The lowest was 1.64. And the median was 2.82.


Sterling Infrastructure  (NAS:STRL) Altman Z-Score Explanation

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Sterling Infrastructure Altman Z-Score Related Terms


Sterling Infrastructure Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Sterling Infrastructure's Altman Z-Score 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 Altman Z-Score Chart

Sterling Infrastructure Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.14 2.53 3.30 4.85 5.64

Sterling Infrastructure Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-Score 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 3.96 5.65 6.14 5.64 6.89

STRL vs MTZ, APG, EME: Altman Z-Score Comparison

For the Engineering & Construction subindustry, Sterling Infrastructure's Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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 Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, Sterling Infrastructure's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Sterling Infrastructure's Altman Z-Score falls into.


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

Sterling Infrastructure Altman Z-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Sterling Infrastructure's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.0399+1.4*0.348+3.3*0.1821+0.6*16.7538+1.0*1.0363
=12.22

* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was $2,784 Mil.
Total Current Assets was $1,195 Mil.
Total Current Liabilities was $1,084 Mil.
Retained Earnings was $969 Mil.
Pre-Tax Income was 137.438 + 117.49 + 126.846 + 106.47 = $488 Mil.
Interest Expense was -4.014 + -5.419 + -4.14 + -4.995 = $-19 Mil.
Revenue was 825.675 + 755.613 + 689.019 + 614.468 = $2,885 Mil.
Market Cap (Today) was $26,612 Mil.
Total Liabilities was $1,588 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(1194.691 - 1083.75)/2783.672
=0.0399

X2=Retained Earnings/Total Assets
=968.617/2783.672
=0.348

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(488.244 - -18.568)/2783.672
=0.1821

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=26611.780/1588.403
=16.7538

X5=Revenue/Total Assets
=2884.775/2783.672
=1.0363

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Sterling Infrastructure has a Altman Z-Score of 12.22 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 12.22 mean?
Sterling Infrastructure (STRL) has a Altman Z-Score of 12.22 as of Jun. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sterling Infrastructure and its competitors. This is 333% above median its historical median of 2.82. Over the past decade, Sterling Infrastructure's Altman Z-Score has ranged from 1.64 to 12.22. According to the industry distribution chart, Sterling Infrastructure ranks #62 out of 1758 companies in the Construction industry, placing it in the top 3.5%.
Is Sterling Infrastructure's Altman Z-Score too high?
Sterling Infrastructure's current Altman Z-Score of 12.22 is 333% above median its 10-year median of 2.82. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 12.22. The Construction industry median Altman Z-Score is 2.35. Sterling Infrastructure's value of 12.22 is 420% above this industry median. Based on the distribution chart, Sterling Infrastructure ranks #62 out of 1758 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. 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 Altman Z-Score compare to MTZ and APG?
According to the Construction industry distribution chart, Sterling Infrastructure ranks #62 out of 1758 companies for Altman Z-Score. This places Sterling Infrastructure in the top 4% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.35. Sterling Infrastructure's value of 12.22 is 420% above this benchmark. Historically, Sterling Infrastructure's own Altman Z-Score has ranged from 1.64 to 12.22 over the past decade. While the company's 10-year median is 2.82 vs. the industry median of 2.35, Sterling Infrastructure has consistently been above 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 Altman Z-Score for a Construction company?
The median Altman Z-Score among Construction companies is 2.35, based on 1,758 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sterling Infrastructure's current Altman Z-Score of 12.22 is 420% above 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sterling Infrastructure and its competitors. For the Construction industry, the median Altman Z-Score is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sterling Infrastructure's current Altman Z-Score is 12.22, which is 333% above median its own 10-year median of 2.82. 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 $867.23 — trading 318.7% above its estimated fair value. The current Altman Z-Score is 12.22, which is 333% above median its 10-year median of 2.82 and 420% above the Construction industry median of 2.35. 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 Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Sterling Infrastructure (STRL), the current Altman Z-Score is 12.22 as of Jun. 25, 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 $867.23 is trading 318.7% above its estimated GF Value™ of $207.14. GuruFocus considers Sterling Infrastructure to be Significantly Overvalued.

Key valuation signals for STRL:

  • Altman Z-Score: 12.22 (333% above median its 10-year median of 2.82)
  • GF Value™: $207.14 vs. price of $867.23 (318.7% above fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 420% above the Construction median (#62 of 1758)

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

Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$867.23
Price
$207.14
GF Value