Non-Current Liabilities
Operating Lease Liabilities
Quanta Services Operating Lease Liabilities increased by 0.8% to $312.25M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 41.2%, from $221.2M to $312.25M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities shows an upward trend with a 11.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2026Apr 30, 2026
How to read this metric
An increase reflects a long-term strategy to lease rather than own assets, impacting the company's long-term leverage profile.
Detailed definition
This represents the portion of operating lease obligations that are due after more than one year. It reflects the long-t...
Peer comparison
Standardized metric for companies with significant asset-heavy operations and leasing strategies.
Metric ID:
operating_lease_liabilities_non_currentHistorical Data
20 periods
| 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 | $166.28M | $161.32M | $170.43M | $170.35M | $163.69M | $168.84M | $171.51M | $181.52M | $181.71M | $188.14M | $187M | $201.77M | $210.3M | $224.28M | $222.36M | $221.2M | $266.5M | $280.97M | $309.67M | $312.25M |
| QoQ Change | — | -3.0% | +5.6% | -0.0% | -3.9% | +3.1% | +1.6% | +5.8% | +0.1% | +3.5% | -0.6% | +7.9% | +4.2% | +6.7% | -0.9% | -0.5% | +20.5% | +5.4% | +10.2% | +0.8% |
| YoY Change | — | — | — | — | -1.6% | +4.7% | +0.6% | +6.6% | +11.0% | +11.4% | +9.0% | +11.2% | +15.7% | +19.2% | +18.9% | +9.6% | +26.7% | +25.3% | +39.3% | +41.2% |
Range$161.32M – $312.25M
CAGR+14.2%
Avg YoY Growth+15.6%
Median YoY Growth+11.3%
Current Streak4 quarters growth
Operating Lease Liabilities at Other Companies
Frequently Asked Questions
- What is Quanta Services's operating lease liabilities?
- Quanta Services (PWR) reported operating lease liabilities of $312.25M in Q1 2026.
- How has Quanta Services's operating lease liabilities changed year-over-year?
- Quanta Services's operating lease liabilities increased by 41.2% year-over-year, from $221.2M to $312.25M.
- What is the long-term trend for Quanta Services's operating lease liabilities?
- Over 5 years (2020 to 2025), Quanta Services's operating lease liabilities has grown at a 11.6% compound annual growth rate (CAGR), from $178.82M to $309.67M.
- What does operating lease liabilities mean?
- Lease payments for equipment or property due after more than one year.