Quanta Services is a leading specialty contractor serving customers across the utility, telecom, oil and gas, and renewable energy markets. The company operates through two segments: electric and underground utility.
It is a $106B industrial company. Revenue grew 26.3% over the last year, it keeps 4¢ of every dollar of sales as profit, and its net debt equals ~2.3 years of free cash flow. It trades at 80.0× earnings — near the highest of its own history.
- Website
- quantaservices.com
- Location
- Houston, TX
- Employees
- 69 500
- Sector
- Industrials
- Founded
- 1954
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong growth and quality; Valuation, Profitability, Health and Moat lag behind.
Valuation25
- P/E vs own history93th pct · 0/25
- FCF yield2.3% · 5/25
- P/S3.2x · 20/25
- EV/EBITDA42.6x · 0/25
Growth95
- Revenue CAGR21.7% · 25/25
- Net income CAGR20.6% · 25/25
- EPS CAGR ~5Y17.2% · 20/25
- Fwd implied growth134.1% · 25/25
Profitability28
- ROIC7.1% · 5/25
- ROE14.7% · 12/25
- Net margin4.0% · 6/25
- Operating margin6.2% · 5/25
Health42
- Altman Zn/a · 0/25
- Current ratio1.10 · 12/25
- Interest coverage8.0x · 18/25
- Net cash / debtD/A 22% · 12/25
Quality90
- Piotroski F5/9 · 15/25
- Beneish M-2.50 · 25/25
- FCF conversion180% · 25/25
- Margin stabilityσ 1.0% · 25/25
Moat37
- ROIC >12% years0/10 yrs · 0/25
- Median gross margin14.4% · 0/25
- FCF-positive years10/10 yrs · 25/25
- Worst-year net marginworst 2.6% · 12/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- 2026AcquisitionQuanta continued its acquisition strategy, acquiring several infrastructure-services companies
- FY2025FinancialBest year on record$1.03B net income
- 2025AcquisitionQuanta completed acquisition of Dynamic Systems, a provider of mechanical, plumbing and process…
- 2024AcquisitionThe firm bought California-based Cupertino Electric for $1.5 billion(US) in a mostly cash transaction…
- 2021AcquisitionThe firm purchased the Blattner Company, a Minnesota-based renewable contracting company, for $2.7…
- 2019AcquisitionQuanta purchased Hallen Construction, a gas utility contractor serving the northeast, contractors R.R
- FY2018FinancialRevenue crossed $10B$11.2B for the year
- FY2016FinancialProfitable every year on record10 consecutive profitable years in our data
- FY2016FinancialRevenue already above $1B$7.65B in first reported year
- FY2016FinancialPositive free cash flow every year since10-year streak
- 2007AcquisitionQuanta bought Infrasource Services for $1.26 billion(US) in an all-stock transaction
- 2001AcquisitionQuanta became the target of a takeover attempt by UtiliCorp United Inc
- 1998IPOQuanta went public on the New York Stock Exchange under the ticker symbol PWR ("power")
- 1991AcquisitionHe acquired ownership of PAR, becoming its president in 1991
- 1954FoundedCupertino, founded in 1954, was the US’ sixth largest electrical contractor and has installed electrical power in…
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- Revenue growing 26.3% year over year
- Interest covered 8.0× by operating earnings
Watch-outs
Nothing stands out as a concern in the available data.
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+26.3% YoY
- Profitable — makes more than it spends$1.33B TTM
- Profit growing — earnings are higher than last year+27.0% YoY
- Generates cash — cash left after running and investing$2.39B TTM
- Debt under control — could handle its obligations~2.3y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$106B market cap
- Not printing shares — share count not ballooning — you keep your slice+4.2% shares over ~5y
- Proven track record — years of profitability behind it10/10 profitable years
- Financially stable — balance sheet not near distresshealth score 30/100
- Pays a dividend — returns cash to shareholdersyield 0.06%
- Valuation not extreme — price not wildly above earningsP/E 80.0
Peer comparisonQuanta Services, Inc. vs 6 largest industrials peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| PWR this company | $106.1B | 80.0 | +26.3% | 4.0% | Strained |
| LRCX Lam Research Corp | $399.2B | 54.9 | +26.0% | 31.3% | Strong |
| CAT Caterpillar Inc. | $368.0B | 33.9 | +18.4% | 14.5% | Solid |
| RTX RTX Corporation | $251.3B | 32.4 | +11.8% | 8.3% | Strained |
| DE Deere & Company | $167.7B | 34.4 | +8.3% | 10.2% | Solid |
| ETN Eaton Corporation, plc | $167.2B | 43.6 | +15.5% | 12.8% | Mixed |
| UNP Union Pacific Corp. | $166.8B | 22.6 | +4.2% | 28.8% | Strained |
Head-to-head: PWR vs LRCX · PWR vs CAT · PWR vs RTX
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/PWR
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of PWR on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $705.94 · market cap $106B.