Quanta Services (PWR) Asset Writedowns and Impairment (2009 - 2023)

Quanta Services has reported Asset Writedowns and Impairment for 15 years, with the latest figure at $2.4 million in Q1 2023.

• Quarterly Asset Writedowns and Impairment rose 1672.93% year-over-year to $2.4 million in Q1 2023, while the trailing twelve-month figure through Mar 2023 was $19.2 million (down 40.15% YoY) and the FY2023 annual result came in at $5.9 million, up 1593.43% from the prior year.
• Asset Writedowns and Impairment retreated to $2.4 million in Q1 2023 per PWR's latest filing, from $11.7 million in the prior quarter.
• Over five years, Asset Writedowns and Impairment peaked at $23.6 million in Q2 2021 and troughed at $43000.0 in Q1 2021.
• A 5-year average of $4.8 million and a median of $2.4 million in 2022 frame the typical range for Asset Writedowns and Impairment.
• The widest YoY moves for Asset Writedowns and Impairment: up 2135.58% in 2020, down 90.33% in 2020.
• Over 5 years, Asset Writedowns and Impairment stood at $9.9 million in 2019, then sank by 84.16% to $1.6 million in 2020, then jumped by 417.24% to $8.1 million in 2021, then surged by 44.44% to $11.7 million in 2022, then plunged by 79.85% to $2.4 million in 2023.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $2.4 million, $11.7 million, and $2.3 million for Q1 2023, Q4 2022, and Q3 2022 respectively.