Quanta Services (PWR) Asset Writedowns and Impairment (2009 - 2023)
Quanta Services (PWR) posted Asset Writedowns and Impairment of $2.4 million for Q1 2023, down 79.85% sequentially from $11.7 million in Q4 2022, and up 1672.93% YoY from $133000.0 in Q1 2022.
Quanta Services (PWR) Asset Writedowns and Impairment (2009 - 2023) Analysis & Trends
Quanta Services (PWR) has 15 years of Asset Writedowns and Impairment data on file, last reported 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 $16.9 million (down 47.04% 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.
- The five-year high for Asset Writedowns and Impairment was $23.6 million in Q2 2021, with the low at $43000.0 in Q1 2021.
- Average Asset Writedowns and Impairment over 5 years is $4.4 million, with a median of $1.6 million recorded in 2020.
- Year-over-year, Asset Writedowns and Impairment tumbled 92.45% in 2020 and surged 2103.55% in 2021.
- Quanta Services' Asset Writedowns and Impairment stood at $9.9 million in 2019, then plunged 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 sank by 79.85% to $2.4 million in 2023.
- Business Quant data shows PWR's Asset Writedowns and Impairment at $2.4 million in Q1 2023, $11.7 million in Q4 2022, and $2.8 million in Q2 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn |
| 10 | Tetra Tech | 7.59 Bn | 7.37 Bn | 214.09 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 |