Arcosa vs Sterling Infrastructure
Arcosa reported revenue of $2.9 billion in fiscal 2025, 1.2 times Sterling Infrastructure's $2.5 billion in fiscal 2025. Arcosa's revenue grew 12.2% in its latest year, and Sterling Infrastructure's grew 17.7%. Arcosa had an operating margin of 11.9%, against 16.3% at Sterling Infrastructure. Free cash flow was $176 million at Arcosa and $363 million at Sterling Infrastructure.
Side by side
| Arcosa | Sterling Infrastructure | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $2.9B | $2.5B |
| Revenue growth | 12.2% | 17.7% |
| Revenue growth a year, last 5 years | 8.3% | 15.2% |
| Gross margin | 22.4% | 23.0% |
| Operating margin | 11.9% | 16.3% |
| Net margin | 7.2% | 11.7% |
| Free cash flow | $176M | $363M |
| Free cash flow margin | 6.1% | 14.6% |
| Return on capital | 7.5% | 40.8% |
| Net debt to EBITDA | 2.3x | −0.2x |
| Dividends and buybacks | $10M | $74M |
| Change in diluted share count | 0.4% | −0.6% |
| Last close | $149.15 | $252.82 |
| P/E at the last close | 14.9× | 14.2× |
| Insider trades, last 12 months | — | sold $96.3 million |
| Piotroski F-score | 7 of 9 | 7 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
ArcosaSterling Infrastructure
Operating margin
Percent of revenue
ArcosaSterling Infrastructure
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
ArcosaSterling Infrastructure
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Arcosa and Sterling Infrastructure pages.