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NYSE · Industrials

QUANTA SERVICES, INC. (PWR)

As-reported financials and recent SEC filings for QUANTA SERVICES, INC., latest fiscal period FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About QUANTA SERVICES, INC.

Quanta Services, Inc. provides infrastructure solutions primarily for the electric and gas utility, power generation, communications, pipeline, and energy industries in the United States, Canada, Australia, and select international markets. The company offers design, engineering, procurement, construction, upgrade, repair, and maintenance services for electric power transmission and distribution networks, substations, renewable energy facilities, and large load centers such as data centers and industrial facilities. Quanta serves a diverse customer base including utilities, renewable energy companies, technology firms, and industrial clients.

Snapshot

Revenue
$28.48B
Revenue growth (YoY)
20.3%
Net income
$1.03B
Diluted EPS
$6.80
Gross margin
15.0%
Operating margin
5.7%
Net margin
3.6%
FCF margin
5.7%
ROE
11.4%
P/E (TTM)
85.4×
Market cap
$93.08B
Debt / equity
0.6×

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at Quanta Services

  • Revenue grew 20.3% to $28.5B in FY2025, faster than the 13.4% the year before.
  • Operating margin is 5.7% in FY2025, +0.5 pp against 5.1% in FY2021.
  • Most recent quarter Q1 FY2026: revenue $7.9B, up 26.3% from Q1 FY2025.
  • Free cash flow was $1.6B in FY2025, 5.7% of revenue.
  • Net income rose 13.7% to $1.0B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Quanta Services’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin15.0%
21st percentile of 467
Operating margin5.7%
52nd percentile of 606
Net margin3.6%
50th percentile of 646
FCF margin5.7%
54th percentile of 561
Revenue growth (YoY)+20.3%
84th percentile of 669
ROE11.4%
64th percentile of 601
P/E (TTM)85.4×
94th percentile of 435
Debt / equity0.58×
57th percentile of 406
Short interest3.14d
40th percentile of 676

Quanta Services’s P/E of 85.4 ranks in the 94th percentile of the 435 peers with a meaningful P/E.

No open-market insider buys in the last 90 days; 27 insider sales totaling $123.2M. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 4 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
4
+6 quant / multi-strat
Initiated / added
7
2 new, 5 added
Reduced / exited
3
3 trimmed, 0 exited
Combined position
$516.2M
reported long value
InvestorAs ofPosition valueSharesChange
Sands Capital ManagementQ1 2026$343.9M626.3KAdded
AQR Capital ManagementquantQ1 2026$64.1M117.9KAdded
Citadel AdvisorsquantQ1 2026$48.6M88.6KAdded
Gotham Asset ManagementQ1 2026$22.4M40.8KAdded
D. E. ShawquantQ1 2026$10.2M18.6KAdded
Millennium ManagementquantQ1 2026$8.9M16.2KReduced
Point72 Asset ManagementquantQ1 2026$8.5M15.4KNew
Bridgewater AssociatesQ1 2026$6.5M11.9KReduced
Two Sigma InvestmentsquantQ1 2026$2.1M3.9KNew
First Eagle Investment ManagementQ1 2026$1.0M1.9KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
open-market
Bought (90d)
open-market value
Sells (90d)
27
$123.2M
Signal
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-05-05
filed 2026-05-07
Austin Earl C. Jr.President and CEOSell30.5K$768.66$23.4M
2026-05-05
filed 2026-05-07
Austin Earl C. Jr.President and CEOSell27.4K$769.41$21.1M
2026-05-05
filed 2026-05-07
Austin Earl C. Jr.President and CEOSell21.3K$770.70$16.4M
2026-05-05
filed 2026-05-07
Austin Earl C. Jr.President and CEOSell10.7K$771.44$8.3M
2026-05-05
filed 2026-05-07
Austin Earl C. Jr.President and CEOSell7.8K$776.73$6.0M
2026-05-05
filed 2026-05-07
Austin Earl C. Jr.President and CEOSell6.4K$768.71$4.9M
2026-05-05
filed 2026-05-07
Austin Earl C. Jr.President and CEOSell5.5K$765.14$4.2M
2026-05-05
filed 2026-05-07
Austin Earl C. Jr.President and CEOSell5.3K$775.77$4.1M
2026-05-05
filed 2026-05-07
Austin Earl C. Jr.President and CEOSell5.3K$772.51$4.1M
2026-05-05
filed 2026-05-07
Austin Earl C. Jr.President and CEOSell4.8K$769.47$3.7M
2026-05-05
filed 2026-05-07
Austin Earl C. Jr.President and CEOSell4.6K$774.77$3.5M
2026-05-05
filed 2026-05-07
Austin Earl C. Jr.President and CEOSell4.4K$770.72$3.4M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
3.2M
settled 2026-07-15
Change vs prior
-5.0%
vs previous settlement
Days to cover
3.14
at avg daily volume
Avg daily volume
1.0M
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-153.2M-5.0%3.14
2026-06-303.3M-12.3%1.78
2026-06-153.8M-2.2%3.52
2026-05-293.9M-11.5%3.19
2026-05-154.4M-11.1%3.43
2026-04-304.9M+5.0%4.60
2026-04-154.7M+7.7%5.48
2026-03-314.4M-1.6%3.61

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$28.48B$23.67B$20.88B$17.07B$12.98B
Gross profit$4.28B$3.51B$2.94B$2.53B$1.95B
Operating income$1.61B$1.35B$1.13B$872.1M$663.5M
Net income$1.03B$904.8M$744.7M$491.2M$486.0M
Diluted EPS$6.80$6.03$5.00$3.32$3.34

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$2.23B$2.08B$1.58B$1.13B$582.4M
Capital expenditure$609.2M$604.1M$434.8M$427.6M$385.9M
Free cash flow$1.62B$1.48B$1.14B$702.7M$196.5M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$7.87B26.3%$220.6M$1.45
Q4 FY2025$7.84B19.7%$315.4M$2.08
Q3 FY2025$7.63B17.5%$339.4M$2.24
Q2 FY2025$6.77B21.1%$229.3M$1.52
Q1 FY2025$6.23B23.9%$144.3M$0.96
Q4 FY2024$6.55B13.3%$305.1M$2.03
Q3 FY2024$6.49B15.5%$293.2M$1.95
Q2 FY2024$5.59B10.8%$188.2M$1.26

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorIndustrials
SIC industryElectrical Work
Fiscal year endDecember 31
Latest fiscal periodFY2025
SEC filings since2013
SEC CIK1050915

Recent SEC filings

10-K2026-02-19
View on EDGAR →
10-K2025-02-20
View on EDGAR →
10-Q2026-04-30
View on EDGAR →
10-Q2025-10-30
View on EDGAR →
10-Q2025-07-31
View on EDGAR →
10-Q2025-05-01
View on EDGAR →
8-K2026-05-27
View on EDGAR →
8-K2026-04-30
View on EDGAR →

Largest Industrials peers

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.