Target Construction work in progress increased by 56.3% to $1.19B in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 30.4%, from $1.70B to $1.19B. Over 4 years (FY 2021 to FY 2025), Construction work in progress shows an upward trend with a 11.0% CAGR.
An increase suggests active capital expansion, while a decrease may indicate project completion or a slowdown in capital investment.
Represents the total accumulated costs for capital projects that are currently under construction and not yet placed int...
Varies significantly by industry; capital-intensive sectors like aerospace and defense typically maintain higher balances.
other_construction_in_progress_gross| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $944.00M | $1.30B | $1.26B | $1.44B | $2.25B | $2.36B | $2.69B | $2.82B | $2.64B | $2.00B | $1.70B | $1.54B | $830.00M | $758.00M | $1.19B |
| QoQ Change | — | +37.9% | -3.5% | +14.9% | +55.5% | +5.0% | +14.0% | +5.0% | -6.4% | -24.3% | -14.8% | -9.7% | -46.0% | -8.7% | +56.3% |
| YoY Change | — | — | — | — | +137.8% | +81.1% | +113.8% | +95.4% | +17.6% | -15.2% | -36.6% | -45.5% | -68.6% | -62.1% | -30.4% |