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| Date | Value |
|---|---|
| Jun 30, 2024 | -14.00 Mn |
| Mar 31, 2024 | 14.00 Mn |
| Mar 31, 2023 | 14.00 Mn |
| Dec 31, 2022 | -15.79 Mn |