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% on a QoQ basis from $14.0 million in Q3 2024.
Solaredge Technologies (SEDG) has 11 years of Depreciation and Depletion data on file, last reported at $11.5 million in Q4 2024.
- Quarterly Depreciation and Depletion fell 14.33% year-over-year to $11.5 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $51.5 million (up 7.85% YoY) and the FY2025 annual result came in at $27.6 million, down 46.79% from the prior year.
- Depreciation and Depletion declined to $11.5 million in Q4 2024 per SEDG's latest filing, from $14.0 million in the prior quarter.
- Across five years, Depreciation and Depletion topped out at $14.0 million in Q3 2024 and bottomed at $5.0 million in Q1 2020.
- The 5-year median for Depreciation and Depletion is $8.4 million (2021), against an average of $9.0 million.
- The widest annual swing landed in 2022, when Depreciation and Depletion soared 43.11%; it then declined 14.33% in 2024.
- Tracing SEDG's Depreciation and Depletion over 5 years: stood at $6.0 million in 2020, then jumped by 31.58% to $7.9 million in 2021, then surged by 39.94% to $11.0 million in 2022, then gained by 21.95% to $13.4 million in 2023, then decreased by 14.33% to $11.5 million in 2024.
- Per Business Quant, the three latest SEDG Depreciation and Depletion figures stand at $11.5 million (Q4 2024), $14.0 million (Q3 2024), and $13.4 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 143.80 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | - |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | - |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 181.10 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 2.20 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 2.40 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 300,000.00 |
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 |
| Jun 30, 2021 | 7.12 Mn |
| Jun 30, 2021 | 7.12 Mn |
| Mar 31, 2021 | 6.89 Mn |
| Mar 31, 2021 | 6.89 Mn |
| Dec 31, 2020 | 5.98 Mn |
| Dec 31, 2020 | 5.98 Mn |
| Sep 30, 2020 | 5.73 Mn |
| Sep 30, 2020 | 5.73 Mn |
| Jun 30, 2020 | 5.64 Mn |
| Jun 30, 2020 | 5.64 Mn |
| Mar 31, 2020 | 5.00 Mn |
| Mar 31, 2020 | 5.00 Mn |
| Dec 31, 2019 | 4.73 Mn |
| Dec 31, 2019 | 4.73 Mn |
| Sep 30, 2019 | 4.39 Mn |
| Sep 30, 2019 | 4.39 Mn |
| Jun 30, 2019 | 4.28 Mn |
| Jun 30, 2019 | 4.28 Mn |
| Mar 31, 2019 | 3.87 Mn |
| Mar 31, 2019 | 3.87 Mn |
| Dec 31, 2018 | 3.43 Mn |
| Dec 31, 2018 | 3.43 Mn |
| Sep 30, 2018 | 3.02 Mn |
| Sep 30, 2018 | 3.02 Mn |
| Jun 30, 2018 | 2.59 Mn |
| Jun 30, 2018 | 2.59 Mn |
| Mar 31, 2018 | 2.39 Mn |
| Mar 31, 2018 | 2.39 Mn |
| Dec 31, 2017 | 2.19 Mn |
| Dec 31, 2017 | 2.19 Mn |
| Dec 31, 2016 | 101,000.00 |
| Dec 31, 2016 | 101,000.00 |
| Sep 30, 2016 | 1.27 Mn |
| Sep 30, 2016 | 1.27 Mn |
| Jun 30, 2016 | 2.12 Mn |
| Jun 30, 2016 | 2.12 Mn |
| Mar 31, 2016 | 972,000.00 |
| Mar 31, 2016 | 972,000.00 |
| Dec 31, 2015 | 891,000.00 |
| Dec 31, 2015 | 891,000.00 |
| Sep 30, 2015 | 738,000.00 |
| Sep 30, 2015 | 738,000.00 |
| Mar 31, 2015 | 544,000.00 |
| Mar 31, 2015 | 544,000.00 |
| Dec 31, 2014 | 561,000.00 |
| Dec 31, 2014 | 561,000.00 |
| Sep 30, 2014 | 542,000.00 |
| Sep 30, 2014 | 542,000.00 |