Discontinued — last reported Q3 '24
Quanta Services Underground and Infrastructure — Depreciation increased by 20.7% to $21.41M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 10.6%, from $23.94M to $21.41M.
An increase often signals a growing asset base or significant capital expenditure, while a consistent level suggests stable asset utilization.
This metric represents the systematic allocation of the cost of tangible assets, such as heavy machinery and specialized...
Standard depreciation expense reported by capital-intensive infrastructure firms to reconcile cash flow and asset utilization.
pwr_segment_underground_and_infrastructure_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 | $20.93M | $20.93M | $20.93M | $20.31M | $21.20M | $20.50M | $19.14M | $23.94M | $13.95M | $24.99M | $17.74M | $21.41M |
| QoQ Change | — | +0.0% | +0.0% | -3.0% | +4.4% | -3.3% | -6.7% | +25.1% | -41.7% | +79.1% | -29.0% | +20.7% |
| YoY Change | — | — | — | -3.0% | +1.3% | — | — | +17.9% | -34.2% | +21.9% | -7.3% | -10.6% |