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Side-by-side financial comparison of Sinclair, Inc. (SBGI) and STERLING INFRASTRUCTURE, INC. (STRL). Click either name above to swap in a different company.

Sinclair, Inc. is the larger business by last-quarter revenue ($807.0M vs $755.6M, roughly 1.1× STERLING INFRASTRUCTURE, INC.). STERLING INFRASTRUCTURE, INC. runs the higher net margin — 11.6% vs 2.5%, a 9.1% gap on every dollar of revenue. On growth, STERLING INFRASTRUCTURE, INC. posted the faster year-over-year revenue change (51.5% vs 4.0%). Over the past eight quarters, STERLING INFRASTRUCTURE, INC.'s revenue compounded faster (31.0% CAGR vs -1.3%).

Sinclair, Inc., doing business as Sinclair Broadcast Group, is a publicly traded American telecommunications conglomerate that is controlled by the descendants of company founder Julian Sinclair Smith. Headquartered in the Baltimore suburb of Cockeysville, Maryland, the company is the second-largest television station operator in the United States by number of stations after Nexstar Media Group, owning or operating 193 stations across the country in over 100 markets, covering 40% of American ...

Sterling & Wilson is an Indian multinational engineering, procurement, and construction (EPC) company headquartered in Mumbai, Maharashtra. It operates across multiple sectors including renewable energy, data centers, diesel power generation, and mechanical, electrical, and plumbing (MEP) services. The company has delivered projects in over 30 countries, with execution teams located across Asia, the Middle East, Africa, Europe, and Australia.

SBGI vs STRL — Head-to-Head

Bigger by revenue
SBGI
SBGI
1.1× larger
SBGI
$807.0M
$755.6M
STRL
Growing faster (revenue YoY)
STRL
STRL
+47.5% gap
STRL
51.5%
4.0%
SBGI
Higher net margin
STRL
STRL
9.1% more per $
STRL
11.6%
2.5%
SBGI
Faster 2-yr revenue CAGR
STRL
STRL
Annualised
STRL
31.0%
-1.3%
SBGI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
SBGI
SBGI
STRL
STRL
Revenue
$807.0M
$755.6M
Net Profit
$20.0M
$87.6M
Gross Margin
21.7%
Operating Margin
0.0%
15.9%
Net Margin
2.5%
11.6%
Revenue YoY
4.0%
51.5%
Net Profit YoY
-22.6%
EPS (diluted)
$0.28
$2.82

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SBGI
SBGI
STRL
STRL
Q1 26
$807.0M
Q4 25
$836.0M
$755.6M
Q3 25
$773.0M
$689.0M
Q2 25
$784.0M
$614.5M
Q1 25
$776.0M
$430.9M
Q4 24
$1.0B
$498.8M
Q3 24
$917.0M
$593.7M
Q2 24
$829.0M
$582.8M
Net Profit
SBGI
SBGI
STRL
STRL
Q1 26
$20.0M
Q4 25
$109.0M
$87.6M
Q3 25
$-1.0M
$92.1M
Q2 25
$-64.0M
$71.0M
Q1 25
$-156.0M
$39.5M
Q4 24
$176.0M
$113.2M
Q3 24
$94.0M
$61.3M
Q2 24
$17.0M
$51.9M
Gross Margin
SBGI
SBGI
STRL
STRL
Q1 26
Q4 25
21.7%
Q3 25
24.7%
Q2 25
23.3%
Q1 25
22.0%
Q4 24
21.4%
Q3 24
21.9%
Q2 24
19.3%
Operating Margin
SBGI
SBGI
STRL
STRL
Q1 26
0.0%
Q4 25
9.6%
15.9%
Q3 25
7.5%
18.2%
Q2 25
2.7%
17.0%
Q1 25
1.8%
13.0%
Q4 24
26.5%
12.5%
Q3 24
19.5%
14.7%
Q2 24
7.7%
12.5%
Net Margin
SBGI
SBGI
STRL
STRL
Q1 26
2.5%
Q4 25
13.0%
11.6%
Q3 25
-0.1%
13.4%
Q2 25
-8.2%
11.6%
Q1 25
-20.1%
9.2%
Q4 24
17.5%
22.7%
Q3 24
10.3%
10.3%
Q2 24
2.1%
8.9%
EPS (diluted)
SBGI
SBGI
STRL
STRL
Q1 26
$0.28
Q4 25
$1.62
$2.82
Q3 25
$-0.02
$2.97
Q2 25
$-0.91
$2.31
Q1 25
$-2.30
$1.28
Q4 24
$2.64
$3.63
Q3 24
$1.43
$1.97
Q2 24
$0.27
$1.67

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SBGI
SBGI
STRL
STRL
Cash + ST InvestmentsLiquidity on hand
$390.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
Total Assets
$2.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SBGI
SBGI
STRL
STRL
Q1 26
Q4 25
$866.0M
$390.7M
Q3 25
$526.0M
$306.4M
Q2 25
$616.0M
$699.4M
Q1 25
$631.0M
$638.6M
Q4 24
$697.0M
$664.2M
Q3 24
$536.0M
$648.1M
Q2 24
$378.0M
$540.0M
Total Debt
SBGI
SBGI
STRL
STRL
Q1 26
Q4 25
$4.4B
Q3 25
$4.1B
Q2 25
$4.1B
Q1 25
$4.2B
Q4 24
$4.1B
Q3 24
$4.1B
Q2 24
$4.1B
Stockholders' Equity
SBGI
SBGI
STRL
STRL
Q1 26
Q4 25
$443.0M
$1.1B
Q3 25
$347.0M
$1.1B
Q2 25
$361.0M
$881.7M
Q1 25
$436.0M
$805.4M
Q4 24
$583.0M
$808.1M
Q3 24
$415.0M
$716.5M
Q2 24
$340.0M
$670.7M
Total Assets
SBGI
SBGI
STRL
STRL
Q1 26
Q4 25
$5.9B
$2.6B
Q3 25
$5.6B
$2.6B
Q2 25
$5.7B
$2.2B
Q1 25
$5.8B
$2.0B
Q4 24
$5.9B
$2.0B
Q3 24
$5.8B
$2.0B
Q2 24
$5.7B
$2.0B
Debt / Equity
SBGI
SBGI
STRL
STRL
Q1 26
Q4 25
9.84×
Q3 25
11.75×
Q2 25
11.30×
Q1 25
9.56×
Q4 24
7.02×
Q3 24
9.86×
Q2 24
12.08×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SBGI
SBGI
STRL
STRL
Operating Cash FlowLast quarter
$186.1M
Free Cash FlowOCF − Capex
$159.7M
FCF MarginFCF / Revenue
21.1%
Capex IntensityCapex / Revenue
1.7%
3.5%
Cash ConversionOCF / Net Profit
2.12×
TTM Free Cash FlowTrailing 4 quarters
$362.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SBGI
SBGI
STRL
STRL
Q1 26
Q4 25
$98.0M
$186.1M
Q3 25
$-36.0M
$83.6M
Q2 25
$122.0M
$85.4M
Q1 25
$5.0M
$84.9M
Q4 24
$198.0M
$174.3M
Q3 24
$210.0M
$152.3M
Q2 24
$-306.0M
$121.0M
Free Cash Flow
SBGI
SBGI
STRL
STRL
Q1 26
Q4 25
$79.0M
$159.7M
Q3 25
$-58.0M
$64.0M
Q2 25
$105.0M
$72.1M
Q1 25
$-11.0M
$67.0M
Q4 24
$175.0M
$158.6M
Q3 24
$193.0M
$138.3M
Q2 24
$-329.0M
$92.1M
FCF Margin
SBGI
SBGI
STRL
STRL
Q1 26
Q4 25
9.4%
21.1%
Q3 25
-7.5%
9.3%
Q2 25
13.4%
11.7%
Q1 25
-1.4%
15.5%
Q4 24
17.4%
31.8%
Q3 24
21.0%
23.3%
Q2 24
-39.7%
15.8%
Capex Intensity
SBGI
SBGI
STRL
STRL
Q1 26
1.7%
Q4 25
2.3%
3.5%
Q3 25
2.8%
2.9%
Q2 25
2.2%
2.2%
Q1 25
2.1%
4.2%
Q4 24
2.3%
3.1%
Q3 24
1.9%
2.4%
Q2 24
2.8%
5.0%
Cash Conversion
SBGI
SBGI
STRL
STRL
Q1 26
Q4 25
0.90×
2.12×
Q3 25
0.91×
Q2 25
1.20×
Q1 25
2.15×
Q4 24
1.13×
1.54×
Q3 24
2.23×
2.48×
Q2 24
-18.00×
2.33×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SBGI
SBGI

Media revenue$701.0M87%
Other$82.0M10%
Political advertising revenue$18.0M2%
Non-media revenue$6.0M1%

STRL
STRL

Lump Sum$464.9M62%
Heavy Highway$99.6M13%
Residential Construction$70.4M9%
Road And Highway Builders LLC$52.4M7%
Other Revenue$36.6M5%
Aviation$16.6M2%
Commercial$11.4M2%
Related Party$600.0K0%

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