Quanta Services, Inc. (PWR)

Quanta Services, Inc. offers infrastructure solutions for the electric and gas utility, power generation, load center, manufacturing, communications, pipeline, and energy industries. The company's Electric Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings. This segment offers aviation; emergency aerial firefighting services; emergency restoration; and other engineering and technical services; design and construction solutions to wireline and wireless communications, cable multi-system operators, technology companies, and other customers; engineering, procurement, new construction, and repair and maintenance services for renewable generation facilities; and training for electric workers, as well as training for the gas distribution and communications industries. Its Underground Utility and Infrastructure Solutions segment is involved in the transportation, distribution, storage, development, and processing of natural gas, oil, and other products, as well as owns and operates large load centers. This segment also engages in the design, engineering, procurement, construction, upgrade, and repair and maintenance services for natural gas systems; pipeline protection, integrity testing, rehabilitation, and replacement services; and catalyst replacement, high-pressure and critical-path turnaround, instrumentation and electrical, piping, fabrication, and storage tank services. The company was formerly known as Fabal Construction, Inc. and changed its name to Quanta Services, Inc. in November 1997. The company was incorporated in 1997 and is headquartered in Houston, Texas.

Symbol
PWR
Exchange
NYSE
Sector
Industrials
Industry
Engineering & Construction
Market cap
$101.67B
52 week range
404.51 - 788.75

Valuation

Share price
$676.56 (close of 2026-10-02)
P/E (TTM)
76.19x
Price to book
10.44x
Price to free cash flow
42.52x
Enterprise value
$107.77B
Book value per share
$64.83

Price performance

PeriodChange
1 day+2.11%
5 days+4.23%
1 month+10.77%
3 months+1.23%
6 months+20.68%
Year to date+60.30%
1 year+60.76%
3 years+283.02%
5 years+479.89%
10 years+2317.15%
All time+8920.80%

Members of Congress who disclosed PWR trades

Gilbert Ray Cisneros · April McClain Delaney · Lisa McClain · Jefferson Shreve · Dwight Evans · Josh Gottheimer · Robert Bresnahan · Val Hoyle · Alan Armstrong · Angus King · Lizzie Fletcher

Super investors holding PWR

Ken Griffin (Citadel) · First Eagle Investment (First Eagle Investment Management, LLC)

Profitability and growth

Return on equity
11.39%
Return on invested capital
8.42%
Return on assets
4.13%
Return on capital employed
9.94%
Gross margin
15.01%
Net margin
3.61%
EBITDA margin
7.10%
Revenue growth
20.31%
Net income growth
13.66%
Free cash flow growth
9.73%

Cash flow and balance sheet

Free cash flow yield (TTM)
2.35%
Current ratio
1.10x
Net debt to EBITDA
1.98x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$28.48B
Cost of revenue
$24.20B
Gross profit
$4.28B
EBITDA
$2.02B
Net income
$1.03B
Earnings per share
$6.91
Shares outstanding
148.79M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$28.48B$4.28B$1.03B$6.91
2024-12-31$23.67B$3.51B$904.82M$6.16
2023-12-31$20.88B$2.94B$744.69M$5.13
2022-12-31$17.07B$2.53B$491.19M$3.42
2021-12-31$12.98B$1.95B$485.96M$3.45
2020-12-31$11.20B$1.66B$445.60M$3.15
2019-12-31$12.11B$1.60B$402.04M$2.76
2018-12-31$11.17B$1.48B$293.35M$1.92
2017-12-31$9.47B$1.24B$314.98M$2.02
2016-12-31$7.65B$1.01B$200.10M$1.26

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3115.01%3.61%11.39%8.42%
2024-12-3114.83%3.82%12.34%9.59%
2023-12-3114.07%3.57%11.85%9.61%
2022-12-3114.81%2.88%9.10%7.60%
2021-12-3115.05%3.74%9.50%8.36%
2020-12-3114.83%3.98%10.25%10.71%
2019-12-3113.21%3.32%9.92%6.95%
2018-12-3113.25%2.63%8.14%7.67%
2017-12-3113.12%3.33%8.30%7.93%
2016-12-3113.25%2.62%5.99%5.95%

Cash and debt by year

Period endCashDebt
2025-12-31$439.51M$675.00M
2024-12-31$741.96M$735.45M
2023-12-31$1.29B$867.14M
2022-12-31$428.50M$786.91M
2021-12-31$229.10M$1.20B
2020-12-31$184.62M$148.51M
2019-12-31$164.80M$1.35B
2018-12-31$78.69M$1.04B
2017-12-31$138.28M$670.72M
2016-12-31$112.18M$353.56M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$1.62B$181.95M
2024-12-31$1.48B$150.53M
2023-12-31$1.14B$126.76M
2022-12-31$702.68M$105.60M
2021-12-31$196.54M$88.26M
2020-12-31$855.92M$91.64M
2019-12-31$264.79M$52.01M
2018-12-31$65.19M$52.48M
2017-12-31$127.24M$46.45M
2016-12-31$178.19M$42.84M

Dividend history

Most recent payment
2026-10-01
Paid in the last twelve months
$0.44
Payment dateDividend per share
2026-10-01$0.11
2026-07-01$0.11
2026-04-02$0.11
2026-01-02$0.11
2025-10-01$0.10
2025-07-01$0.10
2025-04-03$0.10
2025-01-02$0.10

Investor relations

Next earnings report

Next confirmed report
2026-10-29
Consensus EPS estimate
$4.68

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-30Jun/2026$3.03
2026-04-30Mar/2026$1.76
2026-02-19Dec/2025$2.77
2025-10-30Sep/2025$3.05
2025-07-31Jun/2025$2.23
2025-05-01Mar/2025$1.45
2025-02-20Dec/2024$2.45
2024-10-31Sep/2024$2.46

Filings and sources

Company website
quantaservices.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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