Discontinued — last reported Q4 '11
Construction work in progress
STERIS Construction work in progress increased by 2.6% to $586.60M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 15.1%, from $509.80M to $586.60M. Over 4 years (FY 2021 to FY 2025), Construction work in progress shows an upward trend with a 24.8% CAGR.
Analysis
How to read this metric
An increase suggests significant capital investment for future capacity or modernization, while a decrease may indicate project completions or a slowdown in infrastructure spending.
Detailed definition
This represents the total costs incurred for capital projects that are currently under construction but not yet placed i...
Peer comparison
Peers in the regulated utility sector typically maintain high levels of CWIP due to constant grid modernization and regulatory mandates.
other_construction_in_progress_grossHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $274.41M | $282.31M | $341.04M | $356.01M | $402.80M | $429.68M | $489.77M | $478.32M | $464.41M | $467.13M | $512.37M | $500.11M | $522.83M | $577.44M | $509.80M | $512.10M | $560.90M | $571.90M | $586.60M |
| QoQ Change | — | +2.9% | +20.8% | +4.4% | +13.1% | +6.7% | +14.0% | -2.3% | -2.9% | +0.6% | +9.7% | -2.4% | +4.5% | +10.4% | -11.7% | +0.5% | +9.5% | +2.0% | +2.6% |
| YoY Change | — | — | — | — | +46.8% | +52.2% | +43.6% | +34.4% | +15.3% | +8.7% | +4.6% | +4.6% | +12.6% | +23.6% | -0.5% | +2.4% | +7.3% | -1.0% | +15.1% |
Construction work in progress at Other Companies
Frequently Asked Questions
- What is STERIS's construction work in progress?
- STERIS (STE) reported construction work in progress of $586.60M in Q4 2025.
- How has STERIS's construction work in progress changed year-over-year?
- STERIS's construction work in progress increased by 15.1% year-over-year, from $509.80M to $586.60M.
- What is the long-term trend for STERIS's construction work in progress?
- Over 4 years (2021 to 2025), STERIS's construction work in progress has grown at a 24.8% compound annual growth rate (CAGR), from $211.38M to $512.10M.
- What does construction work in progress mean?
- The total cost of capital projects currently being built but not yet operational.