Quanta Services (PWR) Asset Writedowns and Impairment (2009 - 2023)
Quanta Services' (PWR) quarterly Asset Writedowns and Impairment came in at $2.4 million in Q1 2023, up 1672.93% year-on-year from $133000.0 in Q1 2022, and down 79.85% quarter-over-quarter from $11.7 million in Q4 2022.
Quanta Services (PWR) Asset Writedowns and Impairment (2009 - 2023) Analysis & Trends
Quanta Services has disclosed Asset Writedowns and Impairment across 15 years of filings, most recently posting $2.4 million for Q1 2023.
- Asset Writedowns and Impairment for Q1 2023 came in at $2.4 million, up 1672.93% year-over-year; the trailing twelve-month figure through Mar 2023 was $16.9 million (down 47.04% YoY), and the FY2023 annual result was $5.9 million, up 1593.43% from the prior year.
- Asset Writedowns and Impairment came in at $2.4 million for Q1 2023 at Quanta Services, down from $11.7 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $23.6 million in Q2 2021 to a low of $43000.0 in Q1 2021.
- The 5-year median for Asset Writedowns and Impairment is $1.6 million (2020), against an average of $4.4 million.
- Across the five-year window, Asset Writedowns and Impairment sank 92.45% in 2020 and jumped 2103.55% in 2021, its largest moves.
- Quanta Services' Asset Writedowns and Impairment stood at $9.9 million in 2019, then tumbled by 92.45% to $746000.0 in 2020, then soared by 985.79% to $8.1 million in 2021, then soared by 44.44% to $11.7 million in 2022, then plunged by 79.85% to $2.4 million in 2023.
- The last three Asset Writedowns and Impairment figures came in at $2.4 million (Q1 2023), $11.7 million (Q4 2022), and $2.8 million (Q2 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - |
| 10 | TopBuild | 11.46 Bn | 11.19 Bn | 400.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 2.36 Mn |
| Mar 31, 2023 | 2.36 Mn |
| Dec 31, 2022 | 11.70 Mn |
| Dec 31, 2022 | 11.70 Mn |
| Jun 30, 2022 | 2.80 Mn |
| Jun 30, 2022 | 2.80 Mn |
| Mar 31, 2022 | 133,000.00 |
| Mar 31, 2022 | 133,000.00 |
| Dec 31, 2021 | 8.10 Mn |
| Dec 31, 2021 | 8.10 Mn |
| Jun 30, 2021 | 23.60 Mn |
| Jun 30, 2021 | 23.60 Mn |
| Mar 31, 2021 | 43,000.00 |
| Mar 31, 2021 | 43,000.00 |
| Dec 31, 2020 | 746,000.00 |
| Dec 31, 2020 | 746,000.00 |
| Sep 30, 2020 | 1.57 Mn |
| Sep 30, 2020 | 1.57 Mn |
| Jun 30, 2020 | 1.07 Mn |
| Jun 30, 2020 | 1.07 Mn |