Lower levels relative to revenue may suggest newer equipment or lower capital intensity, while higher levels indicate significant asset investment.
This metric represents the non-cash expense allocated to the Oil and Gas segment for the wear and tear of physical asset...
Common across all capital-intensive industries; peers with similar equipment fleets will report comparable depreciation profiles.
mtz_segment_oil_and_gas_depreciation_and_amortization| Q2 '21 | |
|---|---|
| Value | $56.20M |