Construction Depreciation And Amortization from 2010 to 2024

ROAD Stock  USD 99.98  3.13  3.23%   
Construction Partners' Depreciation And Amortization is increasing over the years with slightly volatile fluctuation. Depreciation And Amortization is expected to dwindle to about 45.6 M. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
2016-12-31
Previous Quarter
22.8 M
Current Value
23.5 M
Quarterly Volatility
M
 
Covid
Check Construction Partners financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Construction Partners' main balance sheet or income statement drivers, such as Tax Provision of 9.4 M, Interest Income of 2.4 M or Depreciation And Amortization of 45.6 M, as well as many indicators such as Price To Sales Ratio of 1.01, Dividend Yield of 0.0504 or PTB Ratio of 2.54. Construction financial statements analysis is a perfect complement when working with Construction Partners Valuation or Volatility modules.
  
Check out the analysis of Construction Partners Correlation against competitors.
For information on how to trade Construction Stock refer to our How to Trade Construction Stock guide.

Latest Construction Partners' Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of Construction Partners over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Construction Partners' Depreciation And Amortization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Construction Partners' overall financial position and show how it may be relating to other accounts over time.
Depreciation And Amortization10 Years Trend
Slightly volatile
   Depreciation And Amortization   
       Timeline  

Construction Depreciation And Amortization Regression Statistics

Arithmetic Mean38,387,182
Geometric Mean33,236,233
Coefficient Of Variation60.71
Mean Deviation18,689,818
Median25,321,000
Standard Deviation23,304,046
Sample Variance543.1T
Range69.9M
R-Value0.81
Mean Square Error203.1T
R-Squared0.65
Significance0.0003
Slope4,209,818
Total Sum of Squares7603.1T

Construction Depreciation And Amortization History

202445.6 M
202391 M
202279.1 M
202165.7 M
202049.8 M
201939.3 M
201829.7 M

About Construction Partners Financial Statements

Construction Partners stakeholders use historical fundamental indicators, such as Construction Partners' Depreciation And Amortization, to determine how well the company is positioned to perform in the future. Although Construction Partners investors may analyze each financial statement separately, they are all interrelated. For example, changes in Construction Partners' assets and liabilities are reflected in the revenues and expenses on Construction Partners' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Construction Partners. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Depreciation And Amortization91 M45.6 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Construction Partners is a strong investment it is important to analyze Construction Partners' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Construction Partners' future performance. For an informed investment choice regarding Construction Stock, refer to the following important reports:
Check out the analysis of Construction Partners Correlation against competitors.
For information on how to trade Construction Stock refer to our How to Trade Construction Stock guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Construction Partners. If investors know Construction will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Construction Partners listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.439
Earnings Share
1.31
Revenue Per Share
33.93
Quarterly Revenue Growth
0.227
Return On Assets
0.0552
The market value of Construction Partners is measured differently than its book value, which is the value of Construction that is recorded on the company's balance sheet. Investors also form their own opinion of Construction Partners' value that differs from its market value or its book value, called intrinsic value, which is Construction Partners' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Construction Partners' market value can be influenced by many factors that don't directly affect Construction Partners' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Construction Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Construction Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Construction Partners' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.