PWR
$596.00-3.62%
as of close, Oct 20, 2026
☾ AH $596.00 -3.62%
PWR financial statements
The full income statement, balance sheet, and cash-flow statement for Quanta Services Inc. (PWR), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 147.3M2024-09 147.6M2024-12 148.2M2025-03 148.2M2025-06 149.0M2025-09 149.1M2025-12 149.6M2026-03 150.1M2026-06 150.3M+2.0% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 28.5B+20.3% | 23.7B+13.4% | 20.9B+22.3% | 17.1B+31.5% | 13.0B+15.9% | |
| 4.28B+21.8% | 3.51B+19.5% | 2.94B+16.1% | 2.53B+29.5% | 1.95B+17.6% | ||
| Cost of revenue | 24.2B+20.1% | 20.2B+12.4% | 17.9B+23.4% | 14.5B+31.9% | 11.0B+15.6% | |
| Selling, general & administrative | 2.19B+20.0% | 1.82B+17.3% | 1.56B+16.3% | 1.34B+15.6% | 1.16B+18.6% | |
| Amortization of intangibles | 499M+30.2% | 383M+32.5% | 289M-18.4% | 354M+114.1% | 165M+115.6% | |
| Provision for credit losses | 3.72M-13.1% | 4.28M-27.8% | 5.93M+1593.4% | 350K-99.0% | 34.9M+854.3% | |
| Operating income | 1.61B+19.7% | 1.35B+19.4% | 1.13B+29.3% | 872M+31.4% | 664M+8.5% | |
| Interest expense | 261M+29.0% | 203M+8.4% | 187M+50.3% | 124M+80.5% | 68.9M+53.1% | |
| Interest & investment income | 15.7M-51.5% | 32.4M+199.2% | 10.8M+315.6% | 2.61M-18.4% | 3.19M+30.4% | |
| Other non-operating income | 23.7M-33.8% | 35.8M+98.4% | 18.1M+138.9% | -46.4M-285.0% | 25.1M+888.0% | |
| Gain (loss) on equity securities | — | 0.00 | 0.00+100.0% | -91.5M | 0.00 | |
| Pre-tax income | 1.39B+14.6% | 1.21B+25.0% | 970M+37.8% | 704M+13.0% | 623M+9.0% | |
| Income tax | 348M+22.1% | 285M+29.9% | 219M+14.1% | 192M+46.8% | 131M+9.7% | |
| 1.03B+13.7% | 905M+21.5% | 745M+51.6% | 491M+1.1% | 486M+9.1% | ||
| Net income to non-controlling interest | 13.5M-39.7% | 22.5M+274.3% | 6.00M-70.7% | 20.5M+239.4% | 6.03M-5.3% | |
| Net income to common | 1.03B+13.7% | 905M+21.5% | 745M+51.6% | 491M+1.1% | 486M+9.1% | |
| $6.80+12.8% | $6.03+20.6% | $5.00+50.6% | $3.32-0.6% | $3.34+8.8% | ||
| EPS (basic) | $6.91+12.2% | $6.16+20.1% | $5.13+50.0% | $3.42-0.9% | $3.45+9.5% | |
| Weighted-avg shares (basic) | 149M+1.3% | 147M+1.2% | 145M+1.2% | 143M+1.9% | 141M-0.4% | |
| Weighted-avg shares (diluted) | 151M+0.8% | 150M+0.8% | 149M+0.6% | 148M+1.8% | 145M+0.1% | |
| Dividends per share | $0.41+10.8% | $0.37+12.1% | $0.33+13.8% | $0.29+16.0% | $0.25+19.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 9.90B+26.1% | 7.85B+2.3% | 7.68B+38.7% | 5.54B+17.0% | 4.73B+31.9% | ||
| Cash & equivalents | 440M-40.8% | 742M-42.5% | 1.29B+201.1% | 429M+87.0% | 229M+24.1% | |
| Accounts receivable | 6.85B+32.4% | 5.17B+17.2% | 4.41B+20.0% | 3.67B+8.1% | 3.40B+25.2% | |
| Inventory | 370M+42.4% | 260M+48.1% | 176M+70.1% | 103M+22.0% | 84.7M+67.7% | |
| Prepaid expenses | 724M+54.3% | 469M+21.2% | 387M+55.1% | 250M+16.1% | 215M+17.3% | |
| Other current assets | 236M+17.2% | 201M | — | — | — | |
| 24.9B+33.4% | 18.7B+15.1% | 16.2B+20.6% | 13.5B+4.7% | 12.9B+53.1% | ||
| Operating lease right-of-use | 401M+33.7% | 300M+20.2% | 249M+8.6% | 230M-4.5% | 241M-6.3% | |
| Goodwill | 7.32B+37.6% | 5.32B+31.4% | 4.05B+12.8% | 3.59B+1.6% | 3.53B+66.4% | |
| Intangible assets | 2.91B+56.2% | 1.86B+36.6% | 1.36B-6.6% | 1.46B-19.0% | 1.80B+313.4% | |
| Long-term investments | 412M+70.4% | 242M | — | — | — | |
| Deferred tax assets | 92.4M+46.5% | 63.1M+395.1% | 12.7M+3.3% | 12.3M-28.3% | 17.2M-2.7% | |
| Other non-current assets | 944M+44.0% | 656M+15.9% | 566M-9.2% | 623M-1.5% | 632M+45.1% | |
| 8.72B+44.6% | 6.03B+15.6% | 5.21B+53.0% | 3.41B+7.6% | 3.16B+48.0% | ||
| Accounts payable | 2.83B+35.1% | 2.10B+3.4% | 2.03B+55.7% | 1.30B+4.1% | 1.25B+56.8% | |
| Accrued liabilities | 4.58B+23.0% | 3.72B+21.6% | 3.06B+42.2% | 2.15B-4.5% | 2.25B+49.3% | |
| Deferred revenue | 3.26B+51.6% | 2.15B+39.7% | 1.54B+34.8% | 1.14B+42.2% | 803M+51.8% | |
| Short-term & current debt | 764M+1118.7% | 62.7M-88.3% | 535M+1327.4% | 37.5M+179.4% | 13.4M+27.4% | |
| Current lease liability | 114M+21.5% | 94.2M+20.7% | 78.0M+5.3% | 74.1M-5.4% | 78.3M-8.1% | |
| Finance lease liability (current) | 69.6M+498.0% | 11.6M+49.9% | 7.77M+442.0% | 1.43M+24.0% | 1.16M+36.6% | |
| 15.9B+40.0% | 11.4B+14.1% | 9.95B+23.4% | 8.07B+4.2% | 7.74B+91.1% | ||
| Long-term debt | 5.23B+27.6% | 4.10B+11.9% | 3.66B-0.8% | 3.69B-0.9% | 3.72B+217.2% | |
| Non-current lease liability | 310M+39.3% | 222M+18.9% | 187M+9.0% | 172M+0.6% | 170M-4.7% | |
| Operating lease liability (total) | 424M+34.0% | 317M+19.4% | 265M+7.9% | 246M-1.3% | 249M-5.8% | |
| Finance lease liability (total) | 93.1M+93.9% | 48.0M+21.3% | 39.6M+1017.4% | 3.54M+39.1% | 2.55M+14.3% | |
| Finance lease liability | 23.4M-35.5% | 36.4M+14.3% | 31.8M+1408.3% | 2.11M+51.7% | 1.39M+0.6% | |
| Deferred tax liabilities | 503M+42.3% | 353M+39.1% | 254M+11.5% | 228M+19.2% | 191M+14.8% | |
| Other non-current liabilities | 1.14B+75.2% | 650M+2.2% | 636M+12.1% | 568M+16.5% | 487M+24.6% | |
| 8.94B+22.1% | 7.32B+16.7% | 6.27B+16.5% | 5.38B+5.3% | 5.11B+17.7% | ||
| Common stock | 2.00K+0.0% | 2.00K+0.0% | 2.00K+0.0% | 2.00K+0.0% | 2.00K+0.0% | |
| Additional paid-in capital | 4.28B+24.2% | 3.44B+14.7% | 3.00B+10.4% | 2.72B+4.0% | 2.62B+20.5% | |
| Retained earnings | 6.67B+16.9% | 5.71B+17.5% | 4.86B+16.7% | 4.16B+12.1% | 3.71B+13.8% | |
| Treasury stock | 1.71B+16.9% | 1.46B+11.9% | 1.31B+9.9% | 1.19B+21.2% | 980M+14.3% | |
| Accumulated other comprehensive income | -307M+17.6% | -373M-31.7% | -283M+8.9% | -311M-30.7% | -238M-2.0% | |
| Non-controlling interest | 89.6M+647.7% | 12.0M+7.8% | 11.1M-27.6% | 15.4M+232.4% | 4.62M-3.6% | |
| Total equity incl. non-controlling | 9.03B+23.2% | 7.33B+16.7% | 6.28B+16.4% | 5.40B+5.5% | 5.12B+17.7% | |
| Total liabilities & equity | 24.9B+33.4% | 18.7B+15.1% | 16.2B+20.6% | 13.5B+4.7% | 12.9B+53.1% | |
| Common shares issued | 180M+1.6% | 177M+1.6% | 174M+1.9% | 171M+1.2% | 169M+3.6% | |
| Common shares outstanding | 150M+1.3% | 148M+1.5% | 146M+1.8% | 143M+0.2% | 143M+3.1% | |
| Shares outstanding (cover) | 150M+1.0% | 148M+1.7% | 146M+1.2% | 144M+0.9% | 143M+3.1% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 2.23B+7.1% | 2.08B+32.1% | 1.58B+39.4% | 1.13B+94.1% | 582M-47.8% | ||
| Depreciation & amortization | 910M+22.6% | 742M+20.9% | 614M-4.8% | 645M+53.2% | 421M+39.4% | |
| Intangible amortization | 499M+30.2% | 383M+32.5% | 289M-18.4% | 354M+114.1% | 165M+115.6% | |
| Share-based compensation | 182M+20.9% | 151M+18.7% | 127M+20.0% | 106M+19.6% | 88.3M-3.7% | |
| Deferred income taxes | 37.6M+551.7% | -8.32M-318.2% | 3.82M-90.9% | 42.1M+61.3% | 26.1M+143.4% | |
| Change in inventory | 122M+208.1% | 39.5M+1502.3% | -2.82M-114.6% | 19.3M+1463.4% | -1.42M+85.6% | |
| Other operating activities | 79.8M+435.6% | 14.9M-32.5% | 22.1M+236.7% | -16.2M-342.7% | 6.66M | |
| -3.83B-67.0% | -2.29B-131.8% | -990M-60.3% | -617M+78.7% | -2.90B-480.5% | ||
| Capital expenditure | 609M+0.8% | 604M+38.9% | 435M+1.7% | 428M+10.8% | 386M+48.4% | |
| Free cash flow | 1.62B+9.7% | 1.48B+29.4% | 1.14B+62.4% | 703M+257.5% | 197M-77.0% | |
| Acquisitions | 3.05B+74.8% | 1.75B+167.9% | 652M+234.0% | 195M-92.0% | 2.45B+738.0% | |
| Purchases of investments | 149M+81.9% | 81.9M+986.3% | 7.54M-90.3% | 78.1M-43.8% | 139M+835.8% | |
| Sales/maturities of investments | 17.0M-41.8% | 29.2M-30.8% | 42.3M+104.8% | 20.6M-29.1% | 29.1M+108.5% | |
| Proceeds from sale of PP&E | — | — | — | 62.1M+26.2% | 49.2M+39.0% | |
| Other investing activities | -13.6M+55.3% | -30.5M-516.9% | 7.31M+534.6% | 1.15M+32.9% | 867K | |
| 1.27B+517.2% | -306M-213.8% | 269M+186.3% | -311M-113.2% | 2.36B+492.6% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 1.49B+50.2% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net short-term debt | — | — | — | -15.7M-237.5% | 11.4M+335.1% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 135M | 0.00-100.0% | 350K-99.7% | 128M+91.6% | 66.7M-73.0% | |
| Dividends paid | 60.4M+11.5% | 54.2M+13.5% | 47.8M+16.3% | 41.1M+20.7% | 34.0M+17.8% | |
| Other financing activities | -59.5M-1455.7% | -3.82M-111.8% | 32.5M+189.5% | -36.3M-217.5% | -11.4M | |
| FX effect on cash | — | — | — | -723K-270.1% | 425K-76.0% | |
| Net change in cash | -303M+44.8% | -549M-163.7% | 862M+328.1% | 201M+346.6% | 45.1M+164.2% | |
| Interest paid | 217M+30.7% | 166M-5.4% | 176M+65.8% | 106M+101.1% | 52.7M+64.1% | |
| Income taxes paid | 347M+153.9% | 137M-45.0% | 249M+122.8% | 112M-11.0% | 125M-45.8% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 63.1B+34.8% | 46.8B+49.4% | 31.4B+54.0% | 20.4B+24.5% | 16.4B+64.2% | |
| P/E | 61.4×+18.6% | 51.8×+15.0% | 45.0×-4.2% | 47.0×+39.6% | 33.7×+50.5% | |
| P/S | 2.2×+12.1% | 2.0×+23.2% | 1.6×+30.8% | 1.2×-2.6% | 1.3×+41.7% | |
| P/B | 7.1×+10.4% | 6.4×+22.2% | 5.2×+33.6% | 3.9×+22.5% | 3.2×+39.5% | |
| P/FCF | 39.0×+22.9% | 31.7×-25.2% | 42.4×-36.2% | 66.4×-20.3% | 83.2×+615.0% | |
| Earnings yield | 1.6%-15.7% | 1.9%-13.0% | 2.2%+4.4% | 2.1%-28.3% | 3.0%-33.6% | |
| FCF yield | 2.6%-18.6% | 3.2%+33.6% | 2.4%+56.7% | 1.5%+25.4% | 1.2%-86.0% | |
| Dividend yield | 0.10%-17.0% | 0.12%-23.4% | 0.15%-24.9% | 0.20%-6.7% | 0.22%-25.2% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: PWR’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all PWR filings on SEC EDGAR → Not investment advice.