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Quanta Services Inc (PWR) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

INDUSTRIALS · Construction & Engineering · DATA UPDATED 2026-07-13

Quanta Services Inc (PWR) operates in the Construction & Engineering industry and is headquartered in Houston, United States with about 69,500 employees. Its market capitalization is roughly $94 billion. In the fiscal year ended 2025-12-31, PWR reported $28.4B in revenue and $1.0B in net income.

Quanta Services, Inc. offers infrastructure solutions for the electric and gas utility, power generation, load center, manufacturing, communications, pipeline, and energy industries.

Interactive charts & full statements → Open the PWR valuation workbench →

PWR Revenue & Earnings History — Annual Income Statement

Income statement	TTM → 2026-03-31	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Revenue	$30.0B	$28.4B	$23.7B	$20.9B	$17.1B	$13.0B	$11.2B	$12.1B	$11.2B	$9.5B	$7.7B	$7.6B	$7.9B	$6.5B	$5.9B	$4.6B	$3.9B	$3.3B	$3.8B	$2.7B	$2.1B
Gross Profit	$4.1B	$3.7B	$3.1B	$2.6B	$2.2B	$1.8B	$1.6B	$1.5B	$1.4B	$1.2B	$982M	$892M	$1.2B	$1.0B	$900M	$533M	$596M	$555M	$599M	$410M	$312M
Gross Margin %	13.6%	13.0%	13.2%	12.7%	12.7%	13.8%	14.1%	12.7%	12.8%	12.8%	12.8%	11.8%	15.4%	15.8%	15.2%	11.5%	15.2%	16.7%	15.8%	15.4%	14.7%
Operating Income (EBIT)	$1.7B	$1.6B	$1.3B	$1.1B	$955M	$679M	$636M	$582M	$586M	$432M	$335M	$300M	$526M	$527M	$465M	$195M	$267M	$249M	$289M	$177M	$131M
Operating Margin %	5.8%	5.8%	5.7%	5.4%	5.6%	5.2%	5.7%	4.8%	5.2%	4.6%	4.4%	4.0%	6.7%	8.1%	7.9%	4.2%	6.8%	7.5%	7.6%	6.7%	6.1%
Net Income	$1.1B	$1.0B	$905M	$745M	$491M	$486M	$446M	$402M	$293M	$315M	$198M	$311M	$297M	$402M	$307M	$133M	$153M	$162M	$167M	$136M	$17M
Net Margin %	3.7%	3.6%	3.8%	3.6%	2.9%	3.7%	4.0%	3.3%	2.6%	3.3%	2.6%	4.1%	3.8%	6.2%	5.2%	2.9%	3.9%	4.9%	4.4%	5.1%	0.8%
EBITDA	$2.4B	$2.5B	$2.2B	$1.8B	$1.5B	$1.1B	$918M	$919M	$741M	$591M	$524M	$434M	$672M	$804M	$626M	$334M	$397M	$371M	$413M	$264M	$140M
Earnings Per Share (EPS)	$7.36	$6.78	$6.03	$5.00	$3.32	$3.34	$3.07	$2.73	$1.90	$2.00	$1.26	$1.59	$1.35	$1.87	$1.44	$0.62	$0.72	$0.81	$0.85	$0.81	$0.15
Shares Outstanding (M)	152M	152M	150M	149M	148M	145M	145M	148M	154M	157M	157M	195M	220M	215M	213M	213M	212M	201M	197M	167M	118M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

PWR Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Total Revenue	$7.9B	$7.8B	$7.5B	$6.8B	$6.2B	$6.6B	$6.5B	$5.6B
Gross Profit	$1.1B	$985M	$1.1B	$894M	$724M	$948M	$902M	$732M
Gross Margin %	14.1%	12.6%	14.5%	13.2%	11.6%	14.5%	13.9%	13.1%
Operating Income (EBIT)	$334M	$485M	$517M	$391M	$244M	$446M	$426M	$309M
Operating Margin %	4.2%	6.2%	6.9%	5.8%	3.9%	6.8%	6.6%	5.5%
Net Income	$231M	$316M	$339M	$229M	$144M	$305M	$293M	$188M
Net Margin %	2.9%	4.0%	4.5%	3.4%	2.3%	4.7%	4.5%	3.4%
EBITDA	$339M	$641M	$835M	$590M	$451M	$685M	$642M	$475M
Earnings Per Share (EPS)	$1.52	$2.08	$2.24	$1.52	$0.96	$2.03	$1.95	$1.26
Shares Outstanding (M)	152M	152M	151M	151M	151M	151M	151M	150M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

PWR Free Cash Flow History

Cash flow	TTM → 2026-03-31	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Cash from Operations (CFO)	$2.4B	$2.2B	$2.1B	$1.6B	$1.1B	$582M	$1.1B	$527M	$359M	$372M	$380M	$641M	$311M	$447M	$106M	$218M	$240M	$377M	$242M	$219M	$121M
Capital Expenditures (CapEx)	$696M	$609M	$604M	$435M	$429M	$387M	$261M	$262M	$308M	$245M	$213M	$210M	$302M	$264M	$211M	$172M	$150M	$165M	$200M	$128M	$48M
Free Cash Flow (FCF)	$1.7B	$1.6B	$1.5B	$1.1B	$702M	$196M	$855M	$264M	$51M	$128M	$168M	$430M	$9M	$183M	($105M)	$46M	$91M	$212M	$42M	$91M	$72M
FCF Margin %	5.6%	5.7%	6.2%	5.5%	4.1%	1.5%	7.6%	2.2%	0.4%	1.4%	2.2%	5.7%	0.1%	2.8%	-1.8%	1.0%	2.3%	6.4%	1.1%	3.4%	3.4%
Dividends Paid	$62M	$60M	$54M	$48M	$41M	$34M	$29M	$23M	$4M	$2M	$1M	$21M	$14M	$18M	$18M	$0M	$0M	$0M	—	—	—

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

PWR Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Cash from Operations (CFO)	$392M	$1.1B	$563M	$296M	$243M	$712M	$740M	$391M
Capital Expenditures (CapEx)	$220M	$194M	$142M	$140M	$133M	$147M	$212M	$161M
Free Cash Flow (FCF)	$172M	$934M	$421M	$155M	$110M	$565M	$527M	$230M
FCF Margin %	2.2%	11.9%	5.6%	2.3%	1.8%	8.6%	8.1%	4.1%
Dividends Paid	$17M	$15M	$15M	$15M	$15M	$13M	$14M	$13M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

PWR Balance Sheet History

Balance sheet	2026-03-31	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Assets	$25.7B	$24.9B	$18.7B	$16.2B	$13.5B	$12.9B	$8.4B	$8.3B	$7.1B	$6.5B	$5.4B	$5.2B	$6.3B	$5.8B	$5.1B	$4.7B	$4.3B	$4.1B	$3.6B	$3.4B	$1.6B
Cash & Cash Equivalents	$365M	$440M	$742M	$1.3B	$429M	$229M	$185M	$165M	$79M	$138M	$112M	$129M	$191M	$489M	$395M	$315M	$539M	$700M	$438M	$407M	$384M
Total Liabilities	$16.6B	$15.9B	$11.4B	$10.0B	$8.1B	$7.7B	$4.0B	$4.3B	$3.5B	$2.7B	$2.0B	$2.1B	$1.8B	$1.6B	$1.4B	$1.3B	$974M	$1.0B	$897M	$1.2B	$910M
Total Debt (Short + Long-Term)	$6.0B	$6.1B	$4.3B	$4.3B	$3.8B	$3.8B	$1.3B	$1.5B	$1.1B	$672M	$361M	$482M	$81M	$1M	$0M	$0M	$1M	$130M	$145M	$415M	$449M
Total Shareholders' Equity	$9.0B	$8.9B	$7.3B	$6.3B	$5.4B	$5.1B	$4.3B	$4.0B	$3.6B	$3.8B	$3.3B	$3.1B	$4.5B	$4.2B	$3.8B	$3.4B	$3.4B	$3.1B	$2.7B	$2.2B	$729M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive PWR viewer.

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