Discontinued — last reported Q3 '24
Business Segments · Depreciation Expense Net Of Reversal
Specialty Services — Depreciation Expense Net Of Reversal
APi Group Specialty Services — Depreciation Expense Net Of Reversal remained flat by 0.0% to $11M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 15.4%, from $13M to $11M. Over 2 years (FY 2021 to FY 2023), Specialty Services — Depreciation Expense Net Of Reversal shows a downward trend with a -10.4% CAGR.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2018
Last reportedQ3 2024Oct 31, 2024
How to read this metric
Consistent levels indicate stable asset utilization, while significant changes may reflect shifts in the asset base.
Detailed definition
The systematic allocation of the cost of tangible assets over their useful lives, adjusted for any reversals of previous...
Peer comparison
Standard metric for asset-heavy businesses to track the consumption of capital investments.
Metric ID:
apg_segment_specialty_services_depreciation_expense_net_of_reversalHistorical Data
14 periods
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $17M | $16M | $12M | $12M | $11M | $12M | $11M | $12M | $12M | $13M | $12M | $11M | $11M | $11M |
| QoQ Change | — | -5.9% | -25.0% | +0.0% | -8.3% | +9.1% | -8.3% | +9.1% | +0.0% | +8.3% | -7.7% | -8.3% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | -35.3% | -25.0% | -8.3% | +0.0% | +9.1% | +8.3% | +9.1% | -8.3% | -8.3% | -15.4% |
Range$11M – $17M
CAGR-12.5%
Avg YoY Growth-7.4%
Median YoY Growth-8.3%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is APi Group's specialty services — depreciation expense net of reversal?
- APi Group (APG) reported specialty services — depreciation expense net of reversal of $11M in Q3 2024.
- How has APi Group's specialty services — depreciation expense net of reversal changed year-over-year?
- APi Group's specialty services — depreciation expense net of reversal decreased by 15.4% year-over-year, from $13M to $11M.
- What is the long-term trend for APi Group's specialty services — depreciation expense net of reversal?
- Over 2 years (2021 to 2023), APi Group's specialty services — depreciation expense net of reversal has grown at a -10.4% compound annual growth rate (CAGR), from $61M to $49M.
- What does specialty services — depreciation expense net of reversal mean?
- The non-cash cost of using up physical equipment and property over time.