Westpac Banking Depreciation & Amortization Growth & History (WEBNF)
Westpac Banking's depreciation and amortization was $1.52B for fiscal 2024.
View full Westpac Banking company overviewWestpac Banking annual depreciation and amortization history
2016
2017
2018
2019
2021
2022
2023
2024
| Fiscal year | Period ended | Depreciation and amortization | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-09-30 | $1.52B | $285.0M | +23.04% |
| 2023 | 2023-09-30 | $1.24B | −$344.0M | −21.76% |
| 2022 | 2022-09-30 | $1.58B | −$1.47B | −48.23% |
| 2021 | 2021-09-30 | $3.05B | — | — |
| 2019 | 2019-09-30 | $222.0M | −$23.0M | −9.39% |
| 2018 | 2018-09-30 | $245.0M | −$46.0M | −15.81% |
| 2017 | 2017-09-30 | $291.0M | $6.0M | +2.11% |
| 2016 | 2016-09-30 | $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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