Solaredge Technologies (SEDG) Depreciation and Depletion (2014 - 2024)
Solaredge Technologies (SEDG) reported Depreciation and Depletion of $11.5 million for Q4 2024, down 14.33% year-over-year from $13.4 million in Q1 2024, and down 17.64% quarter-over-quarter from $14.0 million in Q3 2024.
Solaredge Technologies (SEDG) Depreciation and Depletion (2014 - 2024) Analysis & Trends
Solaredge Technologies (SEDG) has 11 years of Depreciation and Depletion data on file, last reported at $11.5 million in Q4 2024.
- Depreciation and Depletion for Q4 2024 came in at $11.5 million, down 14.33% year-over-year; the trailing twelve-month figure through Dec 2024 was $51.5 million (up 7.85% YoY), and the FY2025 annual result was $27.6 million, down 46.79% from the prior year.
- Depreciation and Depletion eased to $11.5 million in Q4 2024 per SEDG's latest filing, from $14.0 million in the prior quarter.
- Over five years, Depreciation and Depletion peaked at $14.0 million in Q3 2024 and troughed at $5.0 million in Q1 2020.
- A 5-year average of $9.0 million and a median of $8.4 million in 2021 frame the typical range for Depreciation and Depletion.
- The sharpest annual moves came in 2022 and 2024: Depreciation and Depletion surged 43.11% in 2022, then retreated 14.33% in 2024.
- A 5-year view of Depreciation and Depletion shows it stood at $6.0 million in 2020, then soared by 31.58% to $7.9 million in 2021, then jumped by 39.94% to $11.0 million in 2022, then climbed by 21.95% to $13.4 million in 2023, then dropped by 14.33% to $11.5 million in 2024.
- Business Quant data shows SEDG's Depreciation and Depletion at $11.5 million in Q4 2024, $14.0 million in Q3 2024, and $13.4 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 143.80 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | - |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | - |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 181.10 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 2.20 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 2.40 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 300,000.00 |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 11.50 Mn |
| Dec 31, 2024 | 11.50 Mn |
| Sep 30, 2024 | 13.97 Mn |
| Sep 30, 2024 | 13.97 Mn |
| Dec 31, 2023 | 13.43 Mn |
| Dec 31, 2023 | 13.43 Mn |
| Sep 30, 2023 | 12.63 Mn |
| Sep 30, 2023 | 12.63 Mn |
| Dec 31, 2022 | 11.01 Mn |
| Dec 31, 2022 | 11.01 Mn |
| Sep 30, 2022 | 10.71 Mn |
| Sep 30, 2022 | 10.71 Mn |
| Jun 30, 2022 | 9.86 Mn |
| Jun 30, 2022 | 9.86 Mn |
| Mar 31, 2022 | 9.00 Mn |
| Mar 31, 2022 | 9.00 Mn |
| Dec 31, 2021 | 7.87 Mn |
| Dec 31, 2021 | 7.87 Mn |
| Sep 30, 2021 | 7.48 Mn |
| Sep 30, 2021 | 7.48 Mn |