Corvex (MOVE) Depreciation and Depletion (2020 - 2024)
Corvex's (MOVE) quarterly Depreciation and Depletion came in at $52000.0 in Q1 2024, up 36.84% YoY from $38000.0 in Q2 2023, and up 30.0% on a QoQ basis from $40000.0 in Q3 2023.
Corvex (MOVE) Depreciation and Depletion (2020 - 2024) Analysis & Trends
Corvex (MOVE) has 5 years of Depreciation and Depletion data on file, last reported at $52000.0 in 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 improved to $52000.0 in Q1 2024, from $40000.0 in the prior quarter.
- In the past five years, Depreciation and Depletion ranged from a high of $22.0 million in Q3 2021 to a low of -$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 slumped 1430.87% — and 2022, when it soared 3400.0%.
- Tracing MOVE's Depreciation and Depletion over 5 years: stood at $3.0 million in 2020, then tumbled by 1430.87% to -$39.9 million in 2021, then jumped by 100.1% to $38000.0 in 2022, then gained by 5.26% to $40000.0 in 2023, then increased by 30.0% to $52000.0 in 2024.
- The last three Depreciation and Depletion figures came in at $52000.0 (Q1 2024), $40000.0 (Q3 2023), and $40000.0 (Q2 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 10.30 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 2.39 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | - |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | - |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 31.50 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 51.50 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | - |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 1.40 Bn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | - |
| 10 | Corvex | 22.52 Mn | -6.81 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 |