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MARKETS / NYSE / PWR
NYSE · ELECTRICAL WORK · LARGE CAP

Quanta Services, Inc. PWR

19 fiscal years on record · USD · FY2025 reported · SEC filings only
7 YEARS OF DIVIDEND GROWTH
$28.5B
▲ 20.3% YoY
$1.0B
▲ 13.7% YoY
$1.6B
▲ 9.7% YoY
In brief

What this company does

Quanta Services provides design, engineering, procurement, construction, upgrade and repair and maintenance services for infrastructure in the electric and gas utility, power generation, large load center, manufacturing, communications, pipeline and energy industries in the United States, Canada, Australia and select other international markets. The infrastructure it works on includes electric power transmission and distribution networks, substation facilities, wind, solar and gas power generation and battery storage facilities, low voltage electrical, mechanical, plumbing and process infrastructure for large load centers such as data centers, communications and cable multi-system operator networks, gas utility systems and pipeline transmission systems. It operates a fleet of owned and leased trucks and trailers, support vehicles and specialty construction equipment, along with various proprietary technologies. As of December 31, 2025, the company had approximately 69,500 employees, consisting of approximately 13,800 salaried employees and approximately 55,700 hourly employees. Approximately 36% of those employees were covered by collective bargaining agreements as of December 31, 2025. The two operating segments, which are also the two reportable segments, are Electric Infrastructure Solutions and Underground Utility and Infrastructure Solutions. The Electric segment provides services primarily for the electric power grid, power generation and large load center markets. The Underground and Infrastructure segment provides infrastructure solutions to customers involved in the transportation, distribution, storage, development and processing of natural gas, oil and other products, as well as customers that own and operate large load centers.

Written from the business description in Quanta Services, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 19 February 2026. Every sentence was checked against that document before publication.

Growth
USD 28.5B
Revenue, FY2025 · full 19-year series below
Revenue $B Net income $B
FY2025 · Revenue 28.5 · Net income 1.0
10B20B2007201020132016201920222025
Compound annual growth
+18.6%
+20.5%
+14.2%
+14.7%
+27.9%
+18.2%
+27.0%
+17.2%
+15.6%
+12.2%
+14.3%
+4.9%
−6.7%
−19.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +20.5% a year over five years — but profit grew slower: net income at +18.2%, earnings per share at +17.2%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
4 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 5.7% · Net 3.7%
2%4%6%2007201020132016201920222025
ROE
FY2025 · ROE 12.7%
5%10%2007201020132016201920222025

Each USD of equity produced 13 cents of profit this year.

Cash & shareholders
USD 195.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 1.6
0.8B1.6B2007201020132016201920222025
Net buybacks $B Dividends $B
FY2025 · Dividends 0.1 · Net buybacks 0.1
0.8B1.6B2011201520172019202120232025

USD 60.4M in dividends and USD 134.6M in buybacks — 19% of the year's profit went back to shareholders.

Total assetsUSD 24.9B
EquityUSD 8.9B
CashUSD 439.5M
Gross debtUSD 6.0B
Net debtUSD 5.6B
Current ratio1.14×

Net debt stands at 62% of equity.

The 19-year record
19 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019201820172016201520142013201220112010200920082007
Revenue $B28.523.720.917.113.011.212.111.29.57.77.67.76.45.94.23.63.33.82.7
Operating income $B1.61.31.10.90.70.60.60.50.40.30.20.40.50.50.20.20.20.30.2
EBITDA $B2.01.71.51.20.90.80.80.70.60.50.40.60.60.60.30.30.30.40.2
Income tax $B0.30.30.20.20.10.10.20.20.00.10.10.10.20.20.10.10.10.10.0
Net income $B1.00.90.70.50.50.40.40.30.30.20.30.30.40.30.10.20.20.20.1
Free cash flow $B1.61.51.10.70.20.90.30.10.10.20.40.00.1−0.00.00.10.20.10.1
EPS, diluted $6.806.035.003.323.343.072.731.902.001.261.591.351.871.440.620.720.810.870.88
Dividend / sh $0.410.370.330.290.250.210.170.040.00··········
Payout %666876600··········
ROE %12.713.312.89.410.310.610.57.98.86.28.57.210.59.04.34.85.65.9·
Shares out B0.150.150.150.140.14···0.150.140.150.210.210.210.000.210.210.20·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 93 reconciliationsAUDITED

Reconciled in 19 of 19 fiscal years. 2 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityElectrical Work
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2007

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