Discontinued — last reported Q2 '23
Business Segments · Depreciation
Underground Utility and Infrastructure Solutions — Depreciation
Quanta Services Underground Utility and Infrastructure Solutions — Depreciation decreased by 6.7% to $19.14M in Q2 2023 compared to the prior quarter. Year-over-year, this metric declined by 7.4%, from $20.67M to $19.14M.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2018
Last reportedQ2 2023
Rolls up toD&A
How to read this metric
An increase may signal a growing asset base or significant capital investment, while a stable or decreasing trend may indicate aging equipment or reduced capital intensity.
Detailed definition
This metric represents the systematic allocation of the cost of tangible assets, such as heavy machinery and specialized...
Peer comparison
Comparable to depreciation and amortization expenses reported by capital-intensive infrastructure and construction service companies.
Metric ID:
pwr_segment_underground_utility_and_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 | $21.14M | $20.96M | $20.54M | $20.94M | $20.67M | $20.31M | $21.20M | $20.50M | $19.14M |
| QoQ Change | — | -0.9% | -2.0% | +2.0% | -1.3% | -1.7% | +4.4% | -3.3% | -6.7% |
| YoY Change | — | — | — | — | -2.2% | -3.1% | +3.2% | -2.1% | -7.4% |
Range$19.14M – $21.20M
CAGR-4.9%
Avg YoY Growth-2.3%
Median YoY Growth-2.2%
Current Streak2 quarters decline
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Frequently Asked Questions
- What is Quanta Services's underground utility and infrastructure solutions — depreciation?
- Quanta Services (PWR) reported underground utility and infrastructure solutions — depreciation of $19.14M in Q2 2023.
- How has Quanta Services's underground utility and infrastructure solutions — depreciation changed year-over-year?
- Quanta Services's underground utility and infrastructure solutions — depreciation decreased by 7.4% year-over-year, from $20.67M to $19.14M.
- What does underground utility and infrastructure solutions — depreciation mean?
- The non-cash expense representing the wear and tear of equipment used in the underground utility business.