Westpac Banking Depreciation & Amortization Growth & History (WEBNF)

Westpac Banking's depreciation and amortization was $1.52B for fiscal 2024.

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Westpac Banking annual depreciation and amortization history

Westpac Banking annual depreciation and amortization

Fiscal yearPeriod endedDepreciation and amortizationChangeGrowth
20242024-09-30$1.52B$285.0M+23.04%
20232023-09-30$1.24B−$344.0M−21.76%
20222022-09-30$1.58B−$1.47B−48.23%
20212021-09-30$3.05B
20192019-09-30$222.0M−$23.0M−9.39%
20182018-09-30$245.0M−$46.0M−15.81%
20172017-09-30$291.0M$6.0M+2.11%
20162016-09-30$285.0M

Westpac Banking depreciation and amortization trends

Over the last five fiscal years, Westpac Banking's depreciation and amortization increased from $222.0M to $1.52B, a change of $1.30B.

About the metric

What depreciation and amortization mean

Depreciation and amortization allocate the cost of tangible and intangible assets over their useful lives. These non-cash expenses reduce reported earnings and are commonly added back when calculating EBITDA and operating cash flow.

Calculation and source

Reported depreciation and amortization

TickerStat uses a combined depreciation and amortization value when reported. If a company reports the two components separately for an aligned period, they are added together without duplicating overlapping facts. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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