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. In the quarter to June 2026, revenue grew 41.1%, EPS grew 95.5%, free cash flow grew 405.6% and total debt rose 28.8%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years, revenue growth for five, operating cash flow growth for three.
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Quanta Services, Inc. (PWR) 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 June 2026 it was $2.4B. 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 47 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 |
|---|---|---|
| Jun 2026 | $898.7M | 423.58% |
| Mar 2026 | $171.7M | (80.55%) |
| Dec 2025 | $882.5M | 121.37% |
| Sep 2025 | $398.7M | 124.28% |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| FER Ferrovial N.V. compare | $3.3B |
| PWR Quanta Services, Inc. | $2.4B |
| FIX Comfort Systems USA, Inc. compare | $2.2B |
| EME EMCOR Group, Inc. compare | $1.2B |
| APG APi Group Corporation compare | $698.0M |
| J Jacobs Solutions Inc. compare | $649.1M |
| STRL Sterling Infrastructure, Inc. compare | $488.2M |
| MTZ MasTec, Inc. compare | $294.8M |
| IESC IES Holdings, Inc. compare | $229.2M |
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)
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