Discontinued — last reported Q3 '24

Business Segments · Depreciation

Underground and Infrastructure — Depreciation

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.

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 often signals a growing asset base or significant capital expenditure, while a consistent level suggests stable asset utilization.

Detailed definition

This metric represents the systematic allocation of the cost of tangible assets, such as heavy machinery and specialized...

Peer comparison

Standard depreciation expense reported by capital-intensive infrastructure firms to reconcile cash flow and asset utilization.

Metric ID: pwr_segment_underground_and_infrastructure_depreciation

Historical Data

12 periods
 Q2 '21Q3 '21Q4 '21Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '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%
Range$13.95M$24.99M
CAGR+0.8%
Avg YoY Growth-2.0%
Median YoY Growth-3.0%

Frequently Asked Questions

What is Quanta Services's underground and infrastructure — depreciation?
Quanta Services (PWR) reported underground and infrastructure — depreciation of $21.41M in Q3 2024.
How has Quanta Services's underground and infrastructure — depreciation changed year-over-year?
Quanta Services's underground and infrastructure — depreciation decreased by 10.6% year-over-year, from $23.94M to $21.41M.
What does underground and infrastructure — depreciation mean?
The non-cash expense representing the wear and tear of equipment and assets used by the underground infrastructure segment.