Solaredge Technologies (SEDG) Depreciation and Depletion (2014 - 2024)
Solaredge Technologies' (SEDG) quarterly Depreciation and Depletion came in at $11.5 million in Q4 2024, down 14.33% year-on-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) 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.
- On a quarterly basis, Depreciation and Depletion fell 14.33% year-over-year to $11.5 million in Q4 2024; TTM through Dec 2024 was $51.5 million, a 7.85% increase from a year earlier, with the FY2025 full-year figure at $27.6 million, down 46.79% from the prior year.
- Depreciation and Depletion for Q4 2024 stood at $11.5 million, down from $14.0 million in the prior quarter.
- Over the last five years, Depreciation and Depletion for SEDG reached as high as $14.0 million in Q3 2024 and fell as low as $5.0 million in Q1 2020.
- Historically, Depreciation and Depletion has averaged $9.0 million across 5 years, with a median of $8.4 million in 2021.
- Across the five-year window, Depreciation and Depletion soared 43.11% in 2022 and declined 14.33% in 2024, its largest moves.
- Year by year, Depreciation and Depletion 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 rose by 21.95% to $13.4 million in 2023, then retreated by 14.33% to $11.5 million in 2024.
- Per Business Quant data, the three most recent Depreciation and Depletion figures were $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 | 22.08 Bn | 19.65 Bn | 486.13 Mn | 143.80 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | - |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | - |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | - |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 181.10 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 2.20 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | - |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 2.40 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 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 |