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Quanta Services PWR Debt-to-equity

Debt-to-equity at other companies

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MasTecMTZ
0.0×
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1.6×+0.7×
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EMCOR GroupEME
0.1×0.0×
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Sterling Infrastructure, Inc.STRL
0.3×-0.2×
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0.6×+0.2×
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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$107.27B+118%
Enterprise value$113.25B+110%
P/E97.1×+44.2×
P/S3.6×+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
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-equity?
Quanta Services (PWR) reported debt-to-equity of 0.7× in Q1 2026.
How has Quanta Services's debt-to-equity changed year-over-year?
Quanta Services's debt-to-equity increased by 9.3% year-over-year, from 0.6× to 0.7×.
What is the long-term trend for Quanta Services's debt-to-equity?
Over 4 years (2021 to 2025), Quanta Services's debt-to-equity has grown at a 5.7% compound annual growth rate (CAGR), from 2.2× to 2.7×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.