Sterling Infrastructure (STRL) Change in Working Capital (2018 - 2026)
Sterling Infrastructure (STRL) recorded Change in Working Capital of $47.22 million in Q2 2026, up 54.6% from $30.54 million a year earlier.
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Analysis
Sterling Infrastructure (STRL) Change in Working Capital (2018 - 2026) Analysis & Trends
On a TTM basis, Sterling Infrastructure's Change in Working Capital came in at $3.1 million as of Jun 30, 2026; for FY2025, it was -$9.36 million.
- Across earlier years, Change in Working Capital came in at -$199.82 million in FY2024, -$252.53 million in FY2023, -$29.45 million in FY2022 and -$27.63 million in FY2021.
- The Q2 2026 figure is the highest quarterly Change in Working Capital in data going back to Q1 2018.
- Per Business Quant, the preceding three quarters came in at -$24.6 million (Q1 2026), -$58.78 million (Q4 2025) and $39.26 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 82.10 Bn | 80.29 Bn | 1.55 Bn | - |
| 2 | Ferrovial | 35.78 Bn | 16.09 Bn | - | - |
| 3 | Emcor | 28.64 Bn | 25.04 Bn | 1.02 Bn | -171.10 Mn |
| 4 | Jacobs Solutions | 16.99 Bn | 11.64 Bn | 810.70 Mn | - |
| 5 | Mastec | 13.74 Bn | 12.65 Bn | 556.28 Mn | - |
| 6 | Sterling Infrastructure | 10.90 Bn | 9.26 Bn | 289.96 Mn | -47.22 Mn |
| 7 | IES Holdings | 8.51 Bn | 7.37 Bn | 340.66 Mn | - |
| 8 | Stantec | 8.11 Bn | 7.04 Bn | 1.36 Bn | - |
| 9 | Aecom | 7.78 Bn | 3.11 Bn | -34.04 Mn | - |
| 10 | Dycom Industries | 6.73 Bn | 5.86 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -47.22 Mn |
| Mar 31, 2026 | 24.60 Mn |
| Dec 31, 2025 | 58.78 Mn |
| Sep 30, 2025 | -39.26 Mn |
| Jun 30, 2025 | -30.54 Mn |
| Mar 31, 2025 | 20.39 Mn |
| Dec 31, 2024 | 98.71 Mn |
| Sep 30, 2024 | 62.59 Mn |
| Jun 30, 2024 | 44.76 Mn |
| Mar 31, 2024 | -6.25 Mn |
| Dec 31, 2023 | 82.65 Mn |
| Sep 30, 2023 | 88.76 Mn |
| Jun 30, 2023 | 70.52 Mn |
| Mar 31, 2023 | 10.61 Mn |
| Dec 31, 2022 | 35.79 Mn |
| Sep 30, 2022 | 40.52 Mn |
| Jun 30, 2022 | -36.08 Mn |
| Mar 31, 2022 | -10.78 Mn |
| Dec 31, 2021 | -7.53 Mn |
| Sep 30, 2021 | 7.11 Mn |
API Access
Sterling Infrastructure Change in Working Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-working-capital&ticker=STRL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-working-capital", "ticker": "STRL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-working-capital&ticker=STRL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();