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Non-Current Assets

Operating Lease ROU Assets

Quanta Services Operating Lease ROU Assets increased by 0.9% to $404.46M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 36.3%, from $296.8M to $404.46M. Over 5 years (FY 2020 to FY 2025), Operating Lease ROU Assets shows an upward trend with a 9.3% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026Apr 30, 2026

How to read this metric

Changes reflect the company's strategy regarding leasing versus owning operational equipment.

Detailed definition

This represents the right to use an underlying asset for the lease term, recognized under current lease accounting stand...

Peer comparison

Standardized across companies following ASC 842 or IFRS 16 lease accounting.

Metric ID: non_current_assets_operating_lease_right_of_use_asset

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$239.72M$232.28M$240.61M$238.53M$226.49M$227.71M$229.69M$240.72M$241.81M$249.59M$249.44M$269.93M$279M$302.79M$299.9M$296.8M$345.71M$365.36M$400.81M$404.46M
QoQ Change-3.1%+3.6%-0.9%-5.0%+0.5%+0.9%+4.8%+0.5%+3.2%-0.1%+8.2%+3.4%+8.5%-1.0%-1.0%+16.5%+5.7%+9.7%+0.9%
YoY Change-5.5%-2.0%-4.5%+0.9%+6.8%+9.6%+8.6%+12.1%+15.4%+21.3%+20.2%+10.0%+23.9%+20.7%+33.7%+36.3%
Range$226.49M$404.46M
CAGR+11.6%
Avg YoY Growth+13.0%
Median YoY Growth+11.0%
Current Streak4 quarters growth

Frequently Asked Questions

What is Quanta Services's operating lease rou assets?
Quanta Services (PWR) reported operating lease rou assets of $404.46M in Q1 2026.
How has Quanta Services's operating lease rou assets changed year-over-year?
Quanta Services's operating lease rou assets increased by 36.3% year-over-year, from $296.8M to $404.46M.
What is the long-term trend for Quanta Services's operating lease rou assets?
Over 5 years (2020 to 2025), Quanta Services's operating lease rou assets has grown at a 9.3% compound annual growth rate (CAGR), from $256.85M to $400.81M.
What does operating lease rou assets mean?
The value of the company's right to use leased assets over the lease term.