Discontinued — last reported Q2 '23
Quanta Services Electric Power Infrastructure Services — Depreciation decreased by 1.7% to $41.36M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 12.4%, from $36.78M to $41.36M.
An increase often correlates with a larger or newer fleet of capital assets, while a decrease may indicate aging equipment or reduced capital investment.
This metric represents the systematic allocation of the cost of tangible assets, such as heavy machinery and specialized...
Standard accounting metric for capital-intensive service businesses that rely on heavy equipment.
pwr_segment_electric_power_infrastructure_solutions_depreciation| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $37.08M | $37.20M | $30.17M | $36.78M | $36.78M | $35.90M | $39.70M | $42.09M | $41.36M |
| QoQ Change | — | +0.3% | -18.9% | +21.9% | +0.0% | -2.4% | +10.6% | +6.0% | -1.7% |
| YoY Change | — | — | — | — | -0.8% | -3.5% | +31.6% | +14.4% | +12.4% |