Operating Lease Liabilities (Current)
Quanta Services Operating Lease Liabilities (Current) increased by 1.3% to $115.81M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 24.8%, from $92.83M to $115.81M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Current) shows an upward trend with a 6.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase reflects higher reliance on leased assets, which may be necessary for scaling operations without large capital expenditures.
Detailed definition
This represents the current portion of obligations arising from operating leases for equipment, vehicles, and office spa...
Peer comparison
Standardized under accounting rules like ASC 842, making it comparable across companies with significant leased fleets.
operating_lease_liabilities_currentHistorical Data
| 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 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $81.4M | $78.87M | $78.25M | $76.98M | $74.73M | $73.93M | $74.05M | $76.41M | $76.65M | $77.65M | $78M | $83.97M | $84.63M | $94.69M | $94.16M | $92.83M | $100.26M | $107.5M | $114.38M | $115.81M |
| QoQ Change | — | -3.1% | -0.8% | -1.6% | -2.9% | -1.1% | +0.2% | +3.2% | +0.3% | +1.3% | +0.4% | +7.7% | +0.8% | +11.9% | -0.6% | -1.4% | +8.0% | +7.2% | +6.4% | +1.3% |
| YoY Change | — | — | — | — | -8.2% | -6.3% | -5.4% | -0.7% | +2.6% | +5.0% | +5.3% | +9.9% | +10.4% | +21.9% | +20.7% | +10.6% | +18.5% | +13.5% | +21.5% | +24.8% |
Operating Lease Liabilities (Current) at Other Companies
Frequently Asked Questions
- What is Quanta Services's operating lease liabilities (current)?
- Quanta Services (PWR) reported operating lease liabilities (current) of $115.81M in Q1 2026.
- How has Quanta Services's operating lease liabilities (current) changed year-over-year?
- Quanta Services's operating lease liabilities (current) increased by 24.8% year-over-year, from $92.83M to $115.81M.
- What is the long-term trend for Quanta Services's operating lease liabilities (current)?
- Over 5 years (2020 to 2025), Quanta Services's operating lease liabilities (current) has grown at a 6.1% compound annual growth rate (CAGR), from $85.13M to $114.38M.
- What does operating lease liabilities (current) mean?
- Lease payments for equipment or property due within the next year.