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.

631.93 10.28 −1.60%
Market cap
$96.6B
P/E
71.2×
Fwd P/E
71.8×
Dividend yield
0.07%
F-score
4/9
Altman Z
4.16
Beneish M
−2.42
Dividend safety
84/100

Quanta Services, Inc. (PWR) Gross margin

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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

Against its own ten years

Low 12.2% High 15.1%
Ten-year median 14.1%
Current reading's percentile 100

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

The full definition of Gross margin →

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