PWR Financials Quanta Services

10 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 30 h ago Overview →

Growth & profitability

Revenue has grown 20.5% per year over the past 5 years.
Net income has grown slower than revenue (18.5% vs 20.5% per year).
Operating margin has been roughly flat, at 5.7% in the latest year.
Free cash flow has grown 13.6% per year over the past 5 years.

Financial health

Total debt has grown faster than revenue (75.0% vs 20.5% per year).
Operating income covered interest expense 6.2× in the latest year.

Shareholder returns

Dividends have been paid for 7 consecutive years, consuming 5.8% of earnings and 3.7% of free cash flow.
The dividend has grown 15.9% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$28.5B	$1.0B	15.0%	5.7%	$1.6B	—	$440M
2024	$23.7B	$927M	14.8%	5.7%	$1.5B	—	$742M
2023	$20.9B	$751M	14.1%	5.4%	$1.1B	—	$1.3B
2022	$17.1B	$512M	14.8%	5.1%	$703M	—	$429M
2021	$13.0B	$492M	15.0%	5.1%	$197M	—	$229M
2020	$11.2B	$446M	14.8%	5.5%	$856M	—	$185M
2019	$12.1B	$402M	13.2%	4.6%	$265M	—	$165M
2018	$11.2B	$293M	13.2%	4.8%	$65M	$1.1B	$79M
2017	$9.5B	$315M	13.1%	4.0%	$127M	$672M	$138M
2016	$7.7B	—	13.3%	4.2%	—	$361M	$112M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	$7.9B	$221M	14.1%	4.3%	$172M	—	$365M
Dec '25	$7.8B	$315M	15.5%	6.2%	$934M	—	$440M
Sep '25	$7.6B	$339M	15.9%	6.8%	$421M	—	$610M
Jun '25	$6.8B	$229M	14.9%	5.5%	$155M	—	$509M
Mar '25	$6.2B	$144M	13.4%	3.8%	$110M	—	$521M
Dec '24	$6.6B	$305M	16.2%	6.9%	$565M	—	$742M
Sep '24	$6.5B	$293M	15.6%	6.6%	$527M	—	$764M
Jun '24	$5.6B	$188M	14.5%	5.5%	$230M	—	$518M
Mar '24	$5.0B	$118M	12.4%	3.1%	$155M	—	$531M
Dec '23	$5.8B	$211M	13.7%	5.6%	$894M	—	$1.3B
Sep '23	$5.6B	$273M	15.1%	7.1%	$267M	—	$305M
Jun '23	$5.0B	$166M	14.3%	5.5%	$22M	—	$362M
Mar '23	$4.4B	$95M	12.9%	2.8%	-$42M	—	$217M
Dec '22	$4.4B	$163M	15.1%	5.9%	$493M	—	$429M
Sep '22	$4.5B	$156M	15.4%	6.4%	$237M	—	$215M
Jun '22	$4.2B	$88M	14.8%	4.9%	-$3M	—	$151M
Mar '22	$4.0B	$85M	13.8%	3.0%	-$25M	—	$238M
Dec '21	$3.9B	$105M	15.2%	3.6%	$97M	—	$229M
Sep '21	$3.4B	$174M	15.9%	7.4%	-$57M	—	$1.7B
Jun '21	$3.0B	$117M	14.9%	5.4%	$114M	—	$212M

Valuation over time

How the market has priced PWR against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 48.9× (Mar '23) to 103.5× (Jun '26).
The price-to-sales ratio has risen from 1.5× (Mar '23) to 3.8× (Jun '26).
The dividend yield has fallen from 0.2% (Mar '23) to 0.1% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is PWR growing its revenue and profit?

Over the past 5 years, Quanta Services's revenue has grown 20.5% per year, and net income grown 18.5% per year. These are computed facts, not advice.

How much debt does PWR have?

As of FY2025, Quanta Services reported — of total debt against $440M of cash; operating income covered interest expense 6.2×.

What is PWR's profit margin?

In FY2025, gross margin was 15.0%, operating margin 5.7%, and net margin 3.7%.

What is PWR's P/E ratio?

As of Jun '26, Quanta Services traded at a price-to-earnings ratio of about 103.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.