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Quanta Services PWR Electric — Goodwill adjustment, increase

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Other financials

Income statement

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Revenue$9.6B+41.1%
Gross profit$1.5B+53.4%
Operating income$694.8M+87.6%
Net income$451.4M+96.9%
EPS (diluted)$2.96+94.7%

Balance sheet

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Cash & equivalents$512.1M-0.1%
Total debt$6.6B+28.9%
Total equity$9.6B+22.7%
Total assets$28.3B+42.2%

Cash flow

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Operating cash flow$1.1B+270%
CapEx$231.0M+64.6%
Free cash flow$864.5M+456%

Valuation

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Market cap$102.68B+77.8%
Enterprise value$108.81B+74.4%
P/E77.4×+18.0×
P/S3.1×+0.9×

Profitability

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Gross margin15.5%+0.4pp
Operating margin6.2%+0.5pp
Net margin4%+0.3pp
FCF margin7.3%+2.1pp

Returns & leverage

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Return on equity15.2%+1.7pp
Debt / equity0.7×0.0×
Current ratio1.1×-0.3×

Where this comes from

Reported directly by Quanta Services in its filing.

Tagged under the XBRL concept us-gaap:GoodwillPurchaseAccountingAdjustments.

The source filing: Quanta Services’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 10:12 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001050915-26-000016

During the three months ended March 31, 2026, changes in goodwill included an increase of $88.9 million, primarily related to the Electric segment, as a result of certain measurement period adjustments primarily related to identifiable intangibles and property and equipment associated with certain of Quanta’s 2025 acquisitions.

Item 1. Financial Statements (Unaudited)

FAQ

What is Quanta Services's electric — goodwill adjustment, increase?
Quanta Services (PWR) reported electric — goodwill adjustment, increase of $88.9M in Q1 2026.
What does electric — goodwill adjustment, increase mean?
This metric represents the net increase in goodwill recorded within the Electric power infrastructure segment due to business acquisitions or purchase price allocation adjustments. It reflects the premium paid over the fair value of net identifiable assets acquired during the period, indicating the segment's ongoing strategy of inorganic growth through strategic bolt-on acquisitions. This figure is critical for assessing the capital deployed to expand market share and technical capabilities within the electric utility services sector.

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