Quanta Services (PWR)

NYSE Industrials Construction & Engineering S&P 500

$540.90

+31.84 (+6.25%)

Close of Nov 06, 2026 · end-of-day data

Source: Quanta Services's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$7.65B	$9.47B	$11.17B	$12.11B	$11.20B	$12.98B	$17.07B	$20.88B	$23.67B	$28.48B
Cost of revenue	$6.64B	$8.22B	$9.69B	$10.51B	$9.54B	$11.03B	$14.54B	$17.95B	$20.16B	$24.20B
Gross profit	$1.01B	$1.24B	$1.48B	$1.60B	$1.66B	$1.95B	$2.53B	$2.94B	$3.51B	$4.28B
Selling, general & admin	$653.34M	$777.92M	$857.57M	$955.99M	$975.07M	$1.16B	$1.34B	$1.56B	$1.82B	$2.19B
Operating income	$320.81M	$378.85M	$540.27M	$554.87M	$611.37M	$663.52M	$872.06M	$1.13B	$1.35B	$1.61B
Interest expense	$14.89M	$20.95M	$36.95M	$66.89M	$45.01M	$68.90M	$124.36M	$186.91M	$202.69M	$261.44M
Pre-tax income	$307.69M	$353.76M	$457.67M	$572.29M	$571.35M	$622.90M	$703.89M	$969.96M	$1.21B	$1.39B
Income tax	$107.25M	$35.53M	$161.66M	$165.47M	$119.39M	$130.92M	$192.24M	$219.27M	$284.75M	$347.59M
Net income	$198.38M	$314.98M	$293.35M	$402.04M	$445.60M	$485.96M	$491.19M	$744.69M	$904.82M	$1.03B
EBITDA	$491.05M	$562.66M	$742.79M	$772.98M	$836.63M	$919.05M	$1.16B	$1.45B	$1.71B	$2.02B
EPS (basic)	$1.26	$2.02	$1.92	$2.76	$3.15	$3.45	$3.42	$5.13	$6.16	$6.91
EPS (diluted)	$1.26	$2.00	$1.90	$2.73	$3.07	$3.34	$3.32	$5.00	$6.03	$6.80
Diluted shares	157.29M	157.16M	154.23M	147.53M	145.25M	145.37M	147.99M	148.82M	150.06M	151.29M
Gross margin	13.3%	13.1%	13.2%	13.2%	14.8%	15.0%	14.8%	14.1%	14.8%	15.0%
Operating margin	4.2%	4.0%	4.8%	4.6%	5.5%	5.1%	5.1%	5.4%	5.7%	5.7%
Net margin	2.6%	3.3%	2.6%	3.3%	4.0%	3.7%	2.9%	3.6%	3.8%	3.6%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$112.18M	$138.28M	$78.69M	$164.80M	$184.62M	$229.10M	$428.50M	$1.29B	$741.96M	$439.51M
Receivables	$1.50B	$1.99B	$2.35B	$2.75B	$2.72B	$3.40B	$3.67B	$4.41B	$5.17B	$6.85B
Inventory	$88.55M	$80.89M	$107.73M	$55.72M	$50.47M	$84.66M	$103.27M	$175.66M	$260.18M	$370.37M
Total current assets	$2.29B	$2.87B	$3.33B	$3.83B	$3.59B	$4.73B	$5.54B	$7.68B	$7.85B	$9.90B
Goodwill	$1.60B	$1.87B	$1.90B	$2.02B	$2.12B	$3.53B	$3.59B	$4.05B	$5.32B	$7.32B
Total assets	$5.35B	$6.48B	$7.08B	$8.33B	$8.40B	$12.86B	$13.46B	$16.24B	$18.68B	$24.93B
Total current liabilities	$1.21B	$1.49B	$1.81B	$2.26B	$2.14B	$3.16B	$3.41B	$5.21B	$6.03B	$8.72B
Short-term debt	$7.56M	$1.22M	$65.65M	$74.87M	$14.76M	$29.17M	$37.49M	$535.20M	$62.68M	$763.90M
Long-term debt	$353.56M	$670.72M	$1.04B	$1.29B	$1.17B	$3.72B	$3.69B	$3.66B	$4.10B	$5.23B
Total debt	$361.12M	$671.94M	$1.11B	$1.37B	$1.19B	$3.75B	$3.73B	$4.20B	$4.16B	$5.99B
Total liabilities	$2.01B	$2.68B	$3.47B	$4.28B	$4.05B	$7.74B	$8.07B	$9.95B	$11.35B	$15.90B
Shareholders' equity	$3.34B	$3.79B	$3.60B	$4.05B	$4.34B	$5.11B	$5.38B	$6.27B	$7.32B	$8.94B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$390.75M	$371.89M	$358.79M	$526.55M	$1.12B	$582.39M	$1.13B	$1.58B	$2.08B	$2.23B
Capital expenditures	$212.56M	$244.65M	$293.60M	$261.76M	$260.05M	$385.85M	$427.63M	$434.80M	$604.08M	$609.15M
Free cash flow	$178.19M	$127.24M	$65.19M	$264.79M	$855.92M	$196.54M	$702.68M	$1.14B	$1.48B	$1.62B
Investing cash flow	-$264.38M	-$572.08M	-$402.67M	-$617.60M	-$499.32M	-$2.90B	-$617.19M	-$989.65M	-$2.29B	-$3.83B
Financing cash flow	-$133.84M	$227.76M	-$16.57M	$177.69M	-$601.37M	$2.36B	-$311.07M	$268.50M	-$305.64M	$1.27B
Dividends paid	—	$0	$0	$23.24M	$28.89M	$34.02M	$41.06M	$47.75M	$54.20M	$60.42M
Share buybacks	$0	$50.00M	$443.15M	$20.09M	$247.25M	$66.69M	$127.76M	$350.00K	$0	$134.56M
Stock-based compensation	$42.84M	$46.45M	$52.48M	$52.01M	$91.64M	$88.26M	$105.60M	$126.76M	$150.53M	$181.95M
Depreciation & amortization	$170.24M	$183.81M	$202.52M	$218.11M	$225.26M	$255.53M	$290.65M	$324.79M	$359.36M	$411.54M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$5.78B	$5.03B	$5.59B	$6.49B	$6.55B	$6.23B	$6.77B	$7.63B	$7.84B	$7.87B	$9.56B	$12.01B
Cost of revenue	$4.99B	$4.41B	$4.78B	$5.48B	$5.49B	$5.40B	$5.77B	$6.41B	$6.62B	$6.77B	$8.01B	$10.01B
Gross profit	$792.47M	$623.49M	$811.33M	$1.01B	$1.06B	$834.04M	$1.01B	$1.22B	$1.22B	$1.11B	$1.55B	$2.01B
Selling, general & admin	$399.88M	$402.34M	$432.36M	$483.88M	$506.18M	$493.97M	$528.36M	$572.95M	$593.94M	$620.73M	$698.49M	$783.29M
Operating income	$322.51M	$155.35M	$307.23M	$431.16M	$452.72M	$239.08M	$370.28M	$517.22M	$484.93M	$338.78M	$694.83M	$1.03B
Interest expense	$49.50M	$41.07M	$45.32M	$59.95M	$56.34M	$54.31M	$59.58M	$71.81M	$75.75M	$73.27M	$73.55M	$83.98M
Pre-tax income	$289.41M	$147.19M	$267.08M	$381.44M	$416.32M	$188.85M	$318.62M	$462.44M	$419.59M	$256.36M	$617.16M	$944.57M
Income tax	$75.80M	$21.10M	$75.20M	$82.42M	$106.03M	$39.88M	$85.10M	$119.61M	$103.00M	$24.93M	$157.58M	$237.66M
Net income	$210.91M	$118.36M	$188.16M	$293.19M	$305.12M	$144.26M	$229.25M	$339.42M	$315.45M	$220.62M	$451.38M	$694.86M
EBITDA	$407.55M	$244.25M	$390.88M	$521.14M	$549.56M	$337.19M	$469.01M	$621.09M	$595.75M	$452.07M	$811.97M	$1.15B
EPS (basic)	$1.45	$0.81	$1.28	$1.99	$2.07	$0.97	$1.54	$2.28	$2.11	$1.47	$3.01	$4.62
EPS (diluted)	$1.41	$0.79	$1.26	$1.95	$2.03	$0.96	$1.52	$2.24	$2.08	$1.45	$2.96	$4.55
Diluted shares	74.00K	149.35M	149.79M	150.56M	145.00K	150.96M	150.92M	151.50M	163.00K	152.09M	152.44M	152.69M
Gross margin	13.7%	12.4%	14.5%	15.6%	16.2%	13.4%	14.9%	15.9%	15.5%	14.1%	16.2%	16.7%
Operating margin	5.6%	3.1%	5.5%	6.6%	6.9%	3.8%	5.5%	6.8%	6.2%	4.3%	7.3%	8.5%
Net margin	3.6%	2.4%	3.4%	4.5%	4.7%	2.3%	3.4%	4.4%	4.0%	2.8%	4.7%	5.8%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$1.29B	$531.06M	$518.14M	$764.07M	$741.96M	$520.56M	$509.46M	$610.39M	$439.51M	$364.76M	$506.43M	$2.32B
Receivables	$4.41B	$4.09B	$4.43B	$5.15B	$5.17B	$5.29B	$5.39B	$6.36B	$6.85B	$7.60B	$8.53B	$10.14B
Inventory	$175.66M	$224.34M	$235.10M	$275.85M	$260.18M	$263.09M	$286.91M	$333.71M	$370.37M	$446.89M	$469.87M	$480.51M
Total current assets	$7.68B	$6.58B	$6.89B	$8.05B	$7.85B	$7.83B	$8.18B	$9.47B	$9.90B	$10.65B	$11.86B	$15.71B
Goodwill	$4.05B	$4.28B	$4.31B	$5.28B	$5.32B	$5.56B	$5.67B	$6.70B	$7.32B	$7.41B	$7.87B	$8.08B
Total assets	$16.24B	$15.54B	$15.93B	$18.87B	$18.68B	$19.13B	$19.89B	$22.74B	$24.93B	$25.75B	$28.29B	$32.75B
Total current liabilities	$5.21B	$4.83B	$5.32B	$6.53B	$6.03B	$5.99B	$5.98B	$7.04B	$8.72B	$9.38B	$10.80B	$13.49B
Short-term debt	$535.20M	$546.54M	$549.26M	$556.24M	$62.68M	$73.72M	$86.78M	$97.35M	$763.90M	$689.69M	$683.02M	$639.34M
Long-term debt	$3.66B	$3.17B	$2.97B	$4.13B	$4.10B	$4.36B	$4.65B	$5.53B	$5.23B	$5.20B	$5.42B	$6.35B
Total debt	$4.20B	$3.72B	$3.52B	$4.69B	$4.16B	$4.43B	$4.74B	$5.63B	$5.99B	$5.89B	$6.10B	$6.99B
Total liabilities	$9.95B	$9.18B	$9.35B	$11.78B	$11.35B	$11.66B	$12.02B	$14.34B	$15.90B	$16.60B	$18.55B	$22.13B
Shareholders' equity	$6.27B	$6.36B	$6.57B	$7.07B	$7.32B	$7.46B	$7.86B	$8.40B	$8.94B	$9.04B	$9.64B	$10.54B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$1.00B	$237.96M	$391.31M	$739.91M	$712.01M	$243.20M	$295.71M	$563.50M	$1.13B	$391.74M	$1.10B	$1.45B
Capital expenditures	$109.41M	$83.14M	$161.46M	$212.50M	$146.99M	$132.76M	$140.35M	$142.45M	$193.59M	$220.09M	$230.96M	$267.96M
Free cash flow	$894.13M	$154.82M	$229.86M	$527.42M	$565.03M	$110.44M	$155.36M	$421.05M	$933.97M	$171.65M	$864.49M	$1.19B
Investing cash flow	-$267.33M	-$386.61M	-$202.65M	-$1.54B	-$167.17M	-$520.62M	-$459.93M	-$1.31B	-$1.55B	-$221.41M	-$1.14B	-$443.32M
Financing cash flow	$237.45M	-$603.04M	-$203.25M	$1.03B	-$533.06M	$52.35M	$134.39M	$844.66M	$243.57M	-$248.46M	$183.51M	$790.30M
Dividends paid	$11.69M	$13.74M	$13.26M	$13.76M	$13.43M	$15.46M	$14.85M	$15.07M	$15.03M	$17.16M	$16.53M	$17.21M
Share buybacks	$350.00K	$0	$0	$0	$0	$118.57M	$16.00M	$0	$0	$0	$0	$0
Stock-based compensation	$32.10M	$35.33M	$37.25M	$38.23M	$39.71M	$38.15M	$44.07M	$46.90M	$52.83M	$62.63M	$63.38M	$67.93M
Depreciation & amortization	$85.04M	$88.89M	$83.65M	$89.98M	$96.84M	$98.11M	$98.72M	$103.88M	$110.82M	$113.29M	$117.14M	$120.39M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.