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) Gross margin
Quanta Services, Inc.'s gross margin over the twelve months to 30 June 2026 was 15.5%, up 0.4 percentage points from fiscal 2025 (15.0%). Over the past ten years it has ranged from 12.2% (fiscal 2015) to 15.1% (fiscal 2021); the current reading is higher than 91% of that period. That is below the Engineering & Construction industry median of 18.8% and below the Industrials sector median of 30.5%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 15.0% | 0.18 |
| FY2024 | 14.8% | 0.76 |
| FY2023 | 14.1% | (0.74) |
| FY2022 | 14.8% | (0.24) |
| FY2021 | 15.1% | 0.22 |
| FY2020 | 14.8% | 1.62 |
| FY2019 | 13.2% | (0.04) |
| FY2018 | 13.3% | 0.13 |
| FY2017 | 13.1% | (0.13) |
| FY2016 | 13.3% | 1.05 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 16.2% | 2.11 |
| Mar 2026 | 14.1% | (1.46) |
| Dec 2025 | 15.5% | (0.42) |
| Sep 2025 | 15.9% | 1.06 |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| APG APi Group Corporation compare | 31.4% |
| IESC IES Holdings, Inc. compare | 26.3% |
| FIX Comfort Systems USA, Inc. compare | 25.7% |
| STRL Sterling Infrastructure, Inc. compare | 23.8% |
| J Jacobs Solutions Inc. compare | 22.1% |
| EME EMCOR Group, Inc. compare | 19.4% |
| PWR Quanta Services, Inc. | 15.5% |
| MTZ MasTec, Inc. compare | 12.9% |
| FER Ferrovial N.V. compare | — |
| Engineering & Construction industry median | 18.8% |
| Industrials sector median | 30.5% |
| Market median | 46.2% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on PWR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement