Discontinued — last reported Q3 '24

Business Segments · Depreciation

Electric Power — Depreciation

Quanta Services Electric Power — Depreciation increased by 4.8% to $42.12M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 10.2%, from $38.23M to $42.12M.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2021
Last reportedQ3 2024Oct 31, 2024
Rolls up toD&A

How to read this metric

An increase often signals significant capital investment in new equipment, whereas a decrease may indicate aging assets or reduced capital intensity.

Detailed definition

This metric quantifies the systematic allocation of the cost of tangible assets, such as specialized machinery, vehicles...

Peer comparison

Standard across capital-intensive industries; peers with higher depreciation relative to revenue are typically more asset-heavy.

Metric ID: pwr_segment_electric_power_depreciation

Historical Data

12 periods
 Q2 '21Q3 '21Q4 '21Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$35.27M$35.27M$35.27M$35.90M$39.70M$42.09M$41.36M$38.23M$46.82M$40.45M$40.21M$42.12M
QoQ Change+0.0%+0.0%+1.8%+10.6%+6.0%-1.7%-7.6%+22.5%-13.6%-0.6%+4.8%
YoY Change+1.8%+12.5%+6.5%+17.9%-3.9%-2.8%+10.2%
Range$35.27M$46.82M
CAGR+6.7%
Avg YoY Growth+6.0%
Median YoY Growth+6.5%

Frequently Asked Questions

What is Quanta Services's electric power — depreciation?
Quanta Services (PWR) reported electric power — depreciation of $42.12M in Q3 2024.
How has Quanta Services's electric power — depreciation changed year-over-year?
Quanta Services's electric power — depreciation increased by 10.2% year-over-year, from $38.23M to $42.12M.
What does electric power — depreciation mean?
The non-cash expense representing the wear and tear of equipment used in the electric power segment.