Discontinued — last reported Q3 '24
Business Segments · Depreciation
Renewable Energy — Depreciation
Quanta Services Renewable Energy — Depreciation increased by 3.7% to $20.62M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 30.4%, from $15.81M to $20.62M.
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 typically reflects a growing asset base or significant capital investment in new equipment, whereas a decrease may suggest aging assets or a shift toward asset-light service models.
Detailed definition
This metric represents the systematic allocation of the cost of tangible assets used within the renewable energy segment...
Peer comparison
Comparable to depreciation and amortization charges reported by other infrastructure services firms, often correlated with the scale of the company's fleet and specialized equipment holdings.
Metric ID:
pwr_segment_renewable_energy_depreciationHistorical Data
12 periods
| 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 | $3.51M | $3.51M | $3.51M | $11.21M | $10.91M | $10.86M | $10.68M | $15.81M | $17.02M | $17.80M | $19.88M | $20.62M |
| QoQ Change | — | +0.0% | +0.0% | +219.9% | -2.7% | -0.5% | -1.6% | +48.0% | +7.6% | +4.6% | +11.7% | +3.7% |
| YoY Change | — | — | — | +219.9% | +211.3% | — | — | +41.0% | +56.0% | +63.9% | +86.2% | +30.4% |
Range$3.51M – $20.62M
CAGR+90.5%
Avg YoY Growth+101.2%
Median YoY Growth+63.9%
Current Streak5 quarters growth
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Frequently Asked Questions
- What is Quanta Services's renewable energy — depreciation?
- Quanta Services (PWR) reported renewable energy — depreciation of $20.62M in Q3 2024.
- How has Quanta Services's renewable energy — depreciation changed year-over-year?
- Quanta Services's renewable energy — depreciation increased by 30.4% year-over-year, from $15.81M to $20.62M.
- What does renewable energy — depreciation mean?
- The non-cash expense representing the wear and tear of assets used specifically in the renewable energy business segment.