What is Quanta Services's electric — goodwill?

Quanta Services (PWR) reported electric — goodwill of $5.13B in Q4 2025.

How has Quanta Services's electric — goodwill changed year-over-year?

Quanta Services's electric — goodwill increased by 14.8% year-over-year, from $4.47B to $5.13B.

What does electric — goodwill mean?

The intangible asset representing the premium paid over the fair value of net assets acquired in business combinations within the electric power infrastructure segment. It reflects the value of synergies, brand, and market position.

Quanta Services PWR Electric — Goodwill

Other segment segments

Underground and Infrastructure

$2.18B+159%

Similar metrics at other companies

NWEElectric — Goodwill

$243.56M0.0%

ATKRElectrical — Goodwill

$253.88M-2.0%

GEVElectrification — Goodwill

$5.94B—

FIXElectrical — Goodwill

$447.07M+63.3%

ORAElectricity — Goodwill

$163.4M+11.4%

VIA

VIARetail Electricity — Goodwill

$117.81M0.0%

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$93.91B+53.8%

Enterprise value$99.9B+52.1%

P/E85×+22.2×

P/S3.1×+0.8×

Profitability

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Gross margin15.1%+0.1pp

Operating margin5.7%-0.1pp

Net margin3.7%-0.1pp

FCF margin5.6%-0.2pp

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

Reported directly by Quanta Services in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Quanta Services’s 10-K, filed February 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Quanta Services's electric — goodwill?: Quanta Services (PWR) reported electric — goodwill of $5.13B in Q4 2025.
How has Quanta Services's electric — goodwill changed year-over-year?: Quanta Services's electric — goodwill increased by 14.8% year-over-year, from $4.47B to $5.13B.
What does electric — goodwill mean?: The intangible asset representing the premium paid over the fair value of net assets acquired in business combinations within the electric power infrastructure segment. It reflects the value of synergies, brand, and market position.