Globalfoundries (GFS) Depreciation and Depletion (2021 - 2023)
Globalfoundries recorded quarterly Depreciation and Depletion of $333.0 million in Q3 2023, up 8.47% quarter-over-quarter from $307.0 million in Q2 2023, and down 6.98% year-over-year from $358.0 million in Q3 2022.
Globalfoundries' Depreciation and Depletion history runs 3 years deep, the most recent figure standing at $333.0 million for Q3 2023.
- In Q3 2023, Depreciation and Depletion fell 6.98% year-over-year to $333.0 million; the TTM figure through Sep 2023 stood at $1.3 billion (down 9.37% YoY), while the FY2021 annual figure was $1.4 billion, down 36.95% from the prior year.
- Depreciation and Depletion came in at $333.0 million for Q3 2023 at Globalfoundries, up from $307.0 million in the prior quarter.
- In the past five years, Depreciation and Depletion ranged from a high of $368.4 million in Q4 2021 to a low of $307.0 million in Q2 2023.
- A 3-year average of $344.0 million and a median of $355.5 million in 2021 frame the typical range for Depreciation and Depletion.
- Across the five-year window, Depreciation and Depletion climbed 9.54% in 2022 and dropped 15.43% in 2023, its largest moves.
- Globalfoundries' Depreciation and Depletion stood at $368.4 million in 2021, then fell by 2.83% to $358.0 million in 2022, then slipped by 6.98% to $333.0 million in 2023.
- According to Business Quant data, Depreciation and Depletion over the past three periods registered $333.0 million, $307.0 million, and $312.0 million for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,449.54 Bn | 5,406.06 Bn | 61.16 Bn | - |
| 2 | Broadcom | 2,169.43 Bn | 2,155.26 Bn | 13.16 Bn | 150.00 Mn |
| 3 | Micron Technology | 1,165.12 Bn | 1,150.53 Bn | 17.76 Bn | - |
| 4 | Advanced Micro Devices | 831.96 Bn | 819.61 Bn | 5.42 Bn | - |
| 5 | Intel | 549.93 Bn | 530.74 Bn | 5.35 Bn | 2.90 Bn |
| 6 | Texas Instruments | 266.58 Bn | 261.48 Bn | 2.80 Bn | 541.00 Mn |
| 7 | Qualcomm | 243.81 Bn | 234.01 Bn | 4.16 Bn | - |
| 8 | Analog Devices | 196.60 Bn | 193.16 Bn | 2.44 Bn | 104.96 Mn |
| 9 | Marvell Technology | 188.85 Bn | 188.78 Bn | 1.26 Bn | - |
| 10 | Globalfoundries | 879.23 Mn | -2.17 Bn | 508.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 333.00 Mn |
| Sep 30, 2023 | 333.00 Mn |
| Jun 30, 2023 | 307.00 Mn |
| Jun 30, 2023 | 307.00 Mn |
| Mar 31, 2023 | 312.00 Mn |
| Mar 31, 2023 | 312.00 Mn |
| Sep 30, 2022 | 358.00 Mn |
| Sep 30, 2022 | 358.00 Mn |
| Jun 30, 2022 | 363.00 Mn |
| Jun 30, 2022 | 363.00 Mn |
| Mar 31, 2022 | 356.00 Mn |
| Mar 31, 2022 | 356.00 Mn |
| Dec 31, 2021 | 368.42 Mn |
| Dec 31, 2021 | 368.42 Mn |
| Sep 30, 2021 | 363.00 Mn |
| Sep 30, 2021 | 363.00 Mn |
| Jun 30, 2021 | 355.00 Mn |
| Jun 30, 2021 | 355.00 Mn |
| Mar 31, 2021 | 325.00 Mn |
| Mar 31, 2021 | 325.00 Mn |