Quanta Services, Inc. logo

Quanta Services, Inc.

PWR

NYSEIndustrialsEngineering & Construction

Previous close

$639.34

−$23.13 · -3.49%

Aug 21, 4:00 PM ET

PWR company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

12

Overpriced

Momentum

41

Neutral

Sentiment

60

Mixed

Risk resilience

60

Moderate Risk

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Company profile

Company website

Quanta Services, Inc. is a global provider of specialized contracting solutions. The company operates through three main business segments: The Electric Power Infrastructure Solutions division is dedicated to designing, procuring, constructing, upgrading, repairing, and maintaining critical infrastructure for electric power transmission, distribution networks, and substation facilities. This includes executing projects on live electrical systems for installation, upkeep, and modernization, as well as integrating advanced smart grid technologies. The segment also handles commercial and industrial wiring from design through repair. Furthermore, it furnishes aviation services, vital emergency restoration support, and various other engineering and technical assistance. Quanta Services extends its design and construction expertise to the telecommunications sector, serving wireline and wireless carriers, cable multi-system operators, and other clients. Professional development programs for electric utility personnel, as well as those in gas distribution and telecommunications, are also offered. The Renewable Energy Infrastructure Solutions segment concentrates on the full lifecycle of renewable energy assets. This encompasses engineering, procurement, construction, modernization, repair, and maintenance for facilities generating power from wind, solar, and hydroelectric sources, alongside battery storage systems. Additionally, it delivers engineering and construction for associated substations, switchyards, transmission lines, and other electrical infrastructures integral to renewable projects. The Underground Utility and Infrastructure Solutions division furnishes comprehensive services covering the design, engineering, construction, enhancement, repair, and ongoing maintenance of systems for transporting, distributing, storing, and processing natural gas, oil, and various other commodities. This includes the fabrication of essential pipeline support structures and related facilities. The segment is also responsible for the engineering and construction of extensive pipeline networks, storage facilities, and crucial compressor and pump stations. Originally incorporated in 1997 as Fabal Construction, Inc., the company adopted the name Quanta Services, Inc. in November of that year and maintains its corporate headquarters in Houston, Texas.

Industry
Engineering & Construction
Sector
Industrials
Headquarters
US
CEO
Earl C. Austin Jr.
Listed since
Feb 12, 1998
Employees
69,500

Market position

Day range

Current $639.34

52-week range

Current $639.34

Open
$664.8
Previous close
$662.47
Volume
1.22M
1× average
Average volume
1.22M
Average daily volume
Market cap
96.12B USD
Beta
1.22
Market reference 1
50-day average
$671.76
-4.83% below average
200-day average
$579.24
+10.38% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
70B USD
P/E (TTM)
72.32×
P/B (TTM)
9.96×
P/S (TTM)
2.93×
EV / EBITDA
27.81×
Earnings yield
1.61%
Free cash flow yield
2.53%
Dividend yield
0.07%

Profitability & efficiency

Gross margin
14.42%
Operating margin
6.20%
Net margin
4.08%
Return on equity
11.51%
Return on assets
4.13%
Return on invested capital
7.07%

Financial health

Debt / equity
0.69×
Current ratio
1.14×
Altman Z-score
4.92
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends15%11%6%2%Gross margin, FY2021: 13.77%Gross margin, FY2022: 12.74%Gross margin, FY2023: 12.68%Gross margin, FY2024: 13.21%Gross margin, FY2025: 13.03%Operating margin, FY2021: 5.23%Operating margin, FY2022: 5.59%Operating margin, FY2023: 5.43%Operating margin, FY2024: 5.65%Operating margin, FY2025: 5.77%Net margin, FY2021: 3.74%Net margin, FY2022: 2.88%Net margin, FY2023: 3.57%Net margin, FY2024: 3.82%Net margin, FY2025: 3.63%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 13.77%. Gross margin FY2022 12.74%. Gross margin FY2023 12.68%. Gross margin FY2024 13.21%. Gross margin FY2025 13.03%. Operating margin FY2021 5.23%. Operating margin FY2022 5.59%. Operating margin FY2023 5.43%. Operating margin FY2024 5.65%. Operating margin FY2025 5.77%. Net margin FY2021 3.74%. Net margin FY2022 2.88%. Net margin FY2023 3.57%. Net margin FY2024 3.82%. Net margin FY2025 3.63%.

Income trends

Revenue

28.35B USD+19.76%

Operating income

1.64B USD+22.41%

Net income

1.03B USD+13.66%
Income trends across reported periods31.14B USD19.99B USD8.85B USD−2.3B USDRevenue, FY2021: 12.98B USDRevenue, FY2022: 17.07B USDRevenue, FY2023: 20.88B USDRevenue, FY2024: 23.67B USDRevenue, FY2025: 28.35B USDOperating income, FY2021: 679.31M USDOperating income, FY2022: 955.18M USDOperating income, FY2023: 1.13B USDOperating income, FY2024: 1.34B USDOperating income, FY2025: 1.64B USDNet income, FY2021: 485.96M USDNet income, FY2022: 491.19M USDNet income, FY2023: 744.69M USDNet income, FY2024: 904.82M USDNet income, FY2025: 1.03B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 12.98B USD. Revenue FY2022 17.07B USD. Revenue FY2023 20.88B USD. Revenue FY2024 23.67B USD. Revenue FY2025 28.35B USD. Operating income FY2021 679.31M USD. Operating income FY2022 955.18M USD. Operating income FY2023 1.13B USD. Operating income FY2024 1.34B USD. Operating income FY2025 1.64B USD. Net income FY2021 485.96M USD. Net income FY2022 491.19M USD. Net income FY2023 744.69M USD. Net income FY2024 904.82M USD. Net income FY2025 1.03B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue28.35B USD23.67B USD20.88B USD17.07B USD12.98B USD
Cost of goods sold24.66B USD20.54B USD18.23B USD14.9B USD11.19B USD
Gross profit3.69B USD3.13B USD2.65B USD2.18B USD1.79B USD
Selling, general, and administrative2.06B USD1.79B USD1.51B USD1.22B USD1.11B USD
Operating expenses2.06B USD1.79B USD1.51B USD1.22B USD1.11B USD
Interest income15.7M USD32.4M USD10.83M USD2.61M USD3.19M USD
Interest expense261.45M USD202.69M USD186.91M USD124.36M USD68.9M USD
Depreciation and amortization845.29M USD742.32M USD613.8M USD644.62M USD420.9M USD
Operating income1.64B USD1.34B USD1.13B USD955.18M USD679.31M USD
Net income1.03B USD904.82M USD744.69M USD491.19M USD485.96M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
11 beats, 0 misses, 0 met estimates
Average EPS surprise
+9.21%
11 comparable reports
Latest EPS result
4.24
Estimate 3.31 · Beat by 28.10%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates5.243.972.691.42Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 2.94, estimate 2.62, surprise +12.21%, Beat. Q2 2025, reported May 1, 2025: actual 1.78, estimate 1.67, surprise +6.59%, Beat. Q3 2025, reported Jul 31, 2025: actual 2.48, estimate 2.44, surprise +1.64%, Beat. Q4 2025, reported Oct 30, 2025: actual 3.33, estimate 3.25, surprise +2.46%, Beat. Q1 2026, reported Feb 19, 2026: actual 3.16, estimate 3.02, surprise +4.64%, Beat. Q2 2026, reported Apr 30, 2026: actual 2.68, estimate 2.04, surprise +31.37%, Beat. Q3 2026, reported Jul 30, 2026: actual 4.24, estimate 3.31, surprise +28.10%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 4.98, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates11.42B9.42B7.42B5.42BQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 6.55B USD, estimate 6.61B USD, surprise -0.89%, Miss. Q2 2025, reported May 1, 2025: actual 6.23B USD, estimate 5.86B USD, surprise +6.31%, Beat. Q3 2025, reported Jul 31, 2025: actual 6.77B USD, estimate 6.57B USD, surprise +3.16%, Beat. Q4 2025, reported Oct 30, 2025: actual 7.51B USD, estimate 7.41B USD, surprise +1.33%, Beat. Q1 2026, reported Feb 19, 2026: actual 7.84B USD, estimate 7.36B USD, surprise +6.52%, Beat. Q2 2026, reported Apr 30, 2026: actual 7.87B USD, estimate 7B USD, surprise +12.47%, Beat. Q3 2026, reported Jul 30, 2026: actual 9.56B USD, estimate 8.61B USD, surprise +11.00%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 10.98B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$785.85

22.92% upside
Past 12 months12-month forecastHigh $940Average $785.85Low $650

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.40

2025 complete year+135.3% since 2019

2026 partial: $0.33

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jul 1, 2026

$0.11

Irregular

Record Jul 1, 2026 · Payment Jul 13, 2026

Dividend

Ex-dividend Apr 2, 2026

$0.11

Quarterly

Record Apr 2, 2026 · Payment Apr 10, 2026

Dividend

Ex-dividend Jan 2, 2026

$0.11

Quarterly

Record Jan 2, 2026 · Payment Jan 12, 2026

Dividend

Ex-dividend Oct 1, 2025

$0.10

Quarterly

Record Oct 1, 2025 · Payment Oct 10, 2025

Dividend

Ex-dividend Jul 1, 2025

$0.10

Irregular

Record Jul 1, 2025 · Payment Jul 11, 2025

Dividend

Ex-dividend Apr 3, 2025

$0.10

Quarterly

Record Apr 3, 2025 · Payment Apr 11, 2025

PWR peers

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