Discontinued — last reported Q3 '24
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.
An increase often signals significant capital investment in new equipment, whereas a decrease may indicate aging assets or reduced capital intensity.
This metric quantifies the systematic allocation of the cost of tangible assets, such as specialized machinery, vehicles...
Standard across capital-intensive industries; peers with higher depreciation relative to revenue are typically more asset-heavy.
pwr_segment_electric_power_depreciation| Q2 '21 | Q3 '21 | Q4 '21 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '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% |