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Quanta Services PWR Gross margin

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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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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 trailing twelve months.

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 gross margin?
Quanta Services (PWR) reported gross margin of 15.1% in Q1 2026.
How has Quanta Services's gross margin changed year-over-year?
Quanta Services's gross margin increased by 0.9% year-over-year, from 15% to 15.1%.
What is the long-term trend for Quanta Services's gross margin?
Over 4 years (2021 to 2025), Quanta Services's gross margin has grown at a -0.3% compound annual growth rate (CAGR), from 61% to 60.2%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.