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

541.58 32.52 +6.39%
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) Operating margin

Alert me on Operating margin

Quanta Services, Inc.'s operating margin over the twelve months to 30 September 2026 was 6.83%, up 1.2 percentage points from fiscal 2025 (5.66%). Over the past ten years it has ranged from 3.14% (fiscal 2015) to 5.69% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Engineering & Construction industry median of 6.43% and above the Industrials sector median of 5.21%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 5.66% (0.03)
FY2024 5.69% 0.29
FY2023 5.40% 0.29
FY2022 5.11% 0.00
FY2021 5.11% (0.35)
FY2020 5.46% 0.88
FY2019 4.58% (0.26)
FY2018 4.84% 0.84
FY2017 4.00% (0.19)
FY2016 4.19% 1.05

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 8.54% 1.27
Jun 2026 7.27% 2.97
Mar 2026 4.30% (1.88)
Dec 2025 6.18% (0.60)
43 more quarters

Against its own ten years

Low 3.14% High 5.69%
Ten-year median 5.11%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
FIX Comfort Systems USA, Inc. compare 16.7%
TTEK Tetra Tech, Inc. compare 12.1%
EME EMCOR Group, Inc. compare 10.4%
APG APi Group Corporation compare 7.23%
PWR Quanta Services, Inc. 6.83%
MTZ MasTec, Inc. compare 4.93%
J Jacobs Solutions Inc. compare 4.57%
ACM AECOM compare 4.10%
FER Ferrovial N.V. compare —
Engineering & Construction industry median 6.43%
Industrials sector median 5.21%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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