Quanta Services, Inc.

PWR Industrials Engineering & Construction

Quanta Services, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $28.5 billion, up 20.3% from fiscal 2024.

Revenue
+57.4%
EPS
+106.0%
Free cash flow
+188.9%
Total debt
+24.2%

Quarter to September 2026, against a year earlier

511.41 69.03 −11.89%
Market cap
$76.7B
P/E
45.3×
Fwd P/E
48.3×
Dividend yield
0.09%
F-score
4/9
Altman Z
4.16
Beneish M
−2.42
Dividend safety
84/100

Quanta Services, Inc. (PWR) Free cash flow

Alert me on Free cash flow

Quanta Services, Inc.'s free cash flow for fiscal 2025 was $1.6B, unchanged from fiscal 2024. Over the twelve months to 30 September 2026 it was $3.1B. Over the past ten years it has ranged from $82.5M (fiscal 2018) to $1.6B (fiscal 2025) — the current reading is the highest in ten years. Free cash flow has risen for 4 consecutive fiscal years. Quanta Services, Inc. ranks 2nd of 46 Engineering & Construction companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $1.6B 0.94%
FY2024 $1.6B 28.44%
FY2023 $1.2B 58.10%
FY2022 $765.7M 212.01%
FY2021 $245.4M (72.45%)
FY2020 $890.8M 201.53%
FY2019 $295.4M 257.98%
FY2018 $82.5M (45.20%)
FY2017 $150.6M (24.77%)
FY2016 $200.2M (54.98%)

Quarterly newest first

Period Free cash flow Change
Sep 2026 $1.2B 28.13%
Jun 2026 $898.7M 423.58%
Mar 2026 $171.7M (80.55%)
Dec 2025 $882.5M 121.37%
43 more quarters

Against its own ten years

Low $82.5M High $1.6B
Ten-year median $444.6M
Current reading's percentile 100

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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