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
DateValue
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