Corvex (MOVE) Depreciation and Depletion (2020 - 2024)
Corvex (MOVE) posted Depreciation and Depletion of $52000.0 for Q1 2024, up 30.0% on a QoQ basis from $40000.0 in Q3 2023, and up 36.84% year-over-year from $38000.0 in Q2 2023.
Corvex (MOVE) Depreciation and Depletion (2020 - 2024) Analysis & Trends
Corvex's Depreciation and Depletion history runs 5 years deep, the most recent figure standing at $52000.0 for Q1 2024.
- Quarterly Depreciation and Depletion rose 36.84% year-over-year to $52000.0 in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $170000.0 (up 13.33% YoY) and the FY2022 annual result came in at $147000.0, up 98.65% from the prior year.
- Depreciation and Depletion was $52000.0 for Q1 2024 at Corvex, up from $40000.0 in the prior quarter.
- Across five years, Depreciation and Depletion topped out at $22.0 million in Q3 2021 and bottomed at -$39.9 million in Q4 2021.
- A 5-year average of $587187.5 and a median of $39000.0 in 2022 frame the typical range for Depreciation and Depletion.
- Annual changes were most pronounced in 2021 — Depreciation and Depletion sank 1430.87% — and 2022, when it soared 3400.0%.
- Corvex's Depreciation and Depletion stood at $3.0 million in 2020, then sank by 1430.87% to -$39.9 million in 2021, then soared by 100.1% to $38000.0 in 2022, then climbed by 5.26% to $40000.0 in 2023, then gained by 30.0% to $52000.0 in 2024.
- Business Quant data shows MOVE's Depreciation and Depletion at $52000.0 in Q1 2024, $40000.0 in Q3 2023, and $40000.0 in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 9.00 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | - |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | 2.39 Bn |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | - |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | - |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | - |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 29.50 Mn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | 49.20 Mn |
| 10 | Corvex | 20.42 Mn | -8.91 Mn | 263,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 52,000.00 |
| Mar 31, 2024 | 52,000.00 |
| Sep 30, 2023 | 40,000.00 |
| Sep 30, 2023 | 40,000.00 |
| Jun 30, 2023 | 40,000.00 |
| Jun 30, 2023 | 40,000.00 |
| Mar 31, 2023 | 38,000.00 |
| Mar 31, 2023 | 38,000.00 |
| Dec 31, 2022 | 38,000.00 |
| Dec 31, 2022 | 38,000.00 |
| Sep 30, 2022 | 36,000.00 |
| Sep 30, 2022 | 36,000.00 |
| Jun 30, 2022 | 38,000.00 |
| Jun 30, 2022 | 38,000.00 |
| Mar 31, 2022 | 35,000.00 |
| Mar 31, 2022 | 35,000.00 |
| Dec 31, 2021 | -39.93 Mn |
| Dec 31, 2021 | -39.93 Mn |
| Sep 30, 2021 | 22.00 Mn |
| Sep 30, 2021 | 22.00 Mn |