Sterling Infrastructure, Inc. Receivables from and equity in construction joint ventures - Sterling's Balance Sheets increased by 17.0% to $7.23M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.6%, from $6.91M to $7.23M. Over 3 years (FY 2022 to FY 2025), Receivables from and equity in construction joint ventures - Sterling's Balance Sheets shows a downward trend with a -24.1% CAGR.
An increase reflects higher involvement in joint ventures, while a decrease may signal the winding down of projects or successful settlement of balances.
This represents the company's financial interest in and amounts owed by joint ventures formed for specific construction...
Common in heavy civil infrastructure firms that frequently partner on large-scale projects; peers report similar joint venture exposures.
current_assets_receivables_from_and_equity_in_constructi_c49aa4| Q4 '22 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $14.12M | $17.51M | $18.22M | $5.47M | $7.81M | $5.81M | $6.91M | $7.97M | $5.20M | $6.18M | $7.23M |
| QoQ Change | — | +24.0% | +4.1% | -70.0% | +42.9% | -25.6% | +18.9% | +15.3% | -34.7% | +18.7% | +17.0% |
| YoY Change | — | +24.0% | — | — | — | -66.8% | -62.1% | +45.7% | -33.4% | +6.3% | +4.6% |