Discontinued — last reported Q2 '23
Business Segments · Depreciation
Renewable Energy Infrastructure Solutions — Depreciation
Quanta Services Renewable Energy Infrastructure Solutions — Depreciation decreased by 1.6% to $10.68M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 4.9%, from $10.18M to $10.68M.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2019
Last reportedQ2 2023Aug 3, 2023
Rolls up toD&A
How to read this metric
An increase often reflects a growing asset base or significant capital investment, while a stable or decreasing trend may indicate aging assets or lower capital intensity.
Detailed definition
This represents the non-cash expense allocated to the renewable energy infrastructure segment to account for the wear an...
Peer comparison
Capital-intensive infrastructure firms report depreciation to show the cost of maintaining their fleet and specialized equipment.
Metric ID:
pwr_segment_renewable_energy_infrastructure_solutions_depreciationHistorical Data
9 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $2.29M | $2.34M | $7.15M | $8.23M | $10.18M | $11.21M | $10.91M | $10.86M | $10.68M |
| QoQ Change | — | +1.9% | +205.7% | +15.2% | +23.6% | +10.2% | -2.7% | -0.5% | -1.6% |
| YoY Change | — | — | — | — | +343.7% | +379.6% | +52.7% | +31.9% | +4.9% |
Range$2.29M – $11.21M
CAGR+115.8%
Avg YoY Growth+162.6%
Median YoY Growth+52.7%
Current Streak3 quarters decline
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Frequently Asked Questions
- What is Quanta Services's renewable energy infrastructure solutions — depreciation?
- Quanta Services (PWR) reported renewable energy infrastructure solutions — depreciation of $10.68M in Q2 2023.
- How has Quanta Services's renewable energy infrastructure solutions — depreciation changed year-over-year?
- Quanta Services's renewable energy infrastructure solutions — depreciation increased by 4.9% year-over-year, from $10.18M to $10.68M.
- What does renewable energy infrastructure solutions — depreciation mean?
- The portion of the cost of equipment and assets used by the renewable energy segment that is written off as an expense each period.