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Quanta Services PWR Debt-to-assets

Debt-to-assets at other companies

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MasTecMTZ
0.3×0.0×
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0.5×+0.1×
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EMCOR GroupEME
0.1×0.0×
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Sterling Infrastructure, Inc.STRL
0.1×-0.1×
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0.3×+0.1×
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Comfort Systems USAFIX
0.1×0.0×

Other financials

Income statement

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Revenue$7.9B+26.3%
Gross profit$1.1B+32.8%
Operating income$338.8M+41.7%
Net income$220.6M+52.9%
EPS (diluted)$1.45+51.0%

Balance sheet

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Cash & equivalents$369.8M-29.3%
Total debt$6.4B+32.5%
Total equity$9.0B+21.3%
Total assets$25.7B+34.6%

Cash flow

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Operating cash flow$391.7M+61.1%
CapEx$220.1M+65.8%
Free cash flow$171.7M+55.4%

Valuation

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Market cap$105.38B+118%
Enterprise value$111.36B+110%
P/E95.4×+43.5×
P/S3.5×+1.6×

Profitability

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Gross margin15.1%+0.1pp
Operating margin5.7%-0.1pp
Net margin3.7%-0.1pp

Returns & leverage

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Return on equity13.4%-0.1pp
Debt / equity0.7×+0.1×
Current ratio1.1×-0.2×

Where this comes from

Calculated from Quanta Services’s reported figures.

Based on the most recent quarter.

The official record: Quanta Services’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Quanta Services's debt-to-assets?
Quanta Services (PWR) reported debt-to-assets of 0.2× in Q1 2026.
How has Quanta Services's debt-to-assets changed year-over-year?
Quanta Services's debt-to-assets decreased by 1.5% year-over-year, from 0.3× to 0.2×.
What is the long-term trend for Quanta Services's debt-to-assets?
Over 4 years (2021 to 2025), Quanta Services's debt-to-assets has grown at a 1.3% compound annual growth rate (CAGR), from 1× to 1×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.