STERIS Construction 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 in progress shows an upward trend with a 24.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
A high balance indicates significant ongoing capital expenditure and future growth potential through expanded production capacity.
The accumulated costs for capital projects that are currently under construction and not yet ready for operational use....
Reflects the company's current investment cycle and long-term growth strategy compared to industry peers.
ppe_construction_in_progress| 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% |
| % of PP&E (Net) | 18.3% | 18.7% | 22.4% | 22.9% | 25.6% | 27.3% | 29.3% | 29.3% | 26.9% | 26.8% | 27.8% | 28.3% | 28.5% | 29.9% | 26.5% | 26.2% | 27.3% | 27.3% | 27.5% |
| Share Change | — | +0.4pp | +3.7pp | +0.5pp | +2.7pp | +1.7pp | +2.0pp | -0.0pp | -2.4pp | -0.1pp | +1.0pp | +0.6pp | +0.2pp | +1.4pp | -3.4pp | -0.4pp | +1.1pp | +0.0pp | +0.2pp |