Quanta Services Long-Term Debt increased by 18.8% to $5.63B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 20.1%, from $4.69B to $5.63B. Over 4 years (FY 2020 to FY 2024), Long-Term Debt shows an upward trend with a 36.9% CAGR.
An increase indicates higher financial leverage, which can amplify returns on equity but also increases interest expense and financial risk.
Loans and financial obligations with a maturity period exceeding one year, typically consisting of corporate bonds and n...
Capital-intensive firms or those with aggressive share buyback programs often carry higher long-term debt than asset-light competitors.
long_term_debt| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.36B | $2.94B | $3.74B | $3.83B | $3.90B | $3.92B | $3.73B | $4.12B | $4.26B | $3.98B | $4.20B | $3.72B | $3.52B | $4.69B | $4.16B | $4.43B | $4.74B | $5.63B |
| QoQ Change | — | +115.5% | +27.1% | +2.6% | +1.7% | +0.5% | -4.8% | +10.6% | +3.2% | -6.5% | +5.4% | -11.4% | -5.3% | +33.1% | -11.2% | +6.5% | +6.9% | +18.8% |
| YoY Change | — | — | — | — | +185.7% | +33.2% | -0.2% | +7.6% | +9.2% | +1.6% | +12.6% | -9.8% | -17.3% | +17.7% | -0.9% | +19.2% | +34.6% | +20.1% |