Sterling Infrastructure (STRL) Divestments (2022 - 2024)

Sterling Infrastructure (STRL) posted quarterly Divestments of -$14.0 million for Q2 2024, down 200.0% on a QoQ basis from $14.0 million in Q1 2024.

Sterling Infrastructure (STRL) Divestments (2022 - 2024) Analysis & Trends

Sterling Infrastructure (STRL) has reported Divestments for 3 consecutive years, with -$14.0 million the latest figure, recorded in Q2 2024.

  • In Q2 2024, Divestments changed N/A year-over-year to -$14.0 million; the TTM figure through Mar 2024 stood at $14.0 million (up 882.56% YoY), while the FY2025 annual figure was $2.0 million, changed N/A from the prior year.
  • Divestments came in at -$14.0 million for Q2 2024 at Sterling Infrastructure, down from $14.0 million in the prior quarter.
  • The five-year high for Divestments was $14.0 million in Q1 2023, with the low at -$15.8 million in Q4 2022.
  • Average Divestments over 3 years is -$447250.0, with a median of $0.0 recorded in 2023.
  • The largest YoY upside for Divestments was 0.0% in 2024 against a maximum downside of 0.0% in 2024.
  • Year by year, Divestments stood at -$15.8 million in 2022, then soared by 188.67% to $14.0 million in 2023, then plunged by 200.0% to -$14.0 million in 2024.
  • According to Business Quant data, Divestments over the past three periods registered -$14.0 million, $14.0 million, and $14.0 million for Q2 2024, Q1 2024, and Q1 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Divestments (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn -
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn -
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn -
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn -
5 APi 18.02 Bn 17.38 Bn 620.00 Mn -
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn -
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn -
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 17.00 Mn
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn -
10 Tetra Tech 7.59 Bn 7.37 Bn 214.09 Mn -37,000.00

Historic Data

Download Data
DateValue
Jun 30, 2024 -14.00 Mn
Mar 31, 2024 14.00 Mn
Mar 31, 2023 14.00 Mn
Dec 31, 2022 -15.79 Mn