Discontinued — last reported Q3 '24
Quanta Services Electric Power — Operating income (loss) increased by 34.4% to $354.51M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 19.7%, from $296.18M to $354.51M. This is a positive signal — higher values indicate stronger performance for this metric.
An increase reflects improved operational efficiency or higher project margins, while a decrease suggests rising costs or pricing pressure.
This represents the profit generated by the electric power segment after deducting direct operating expenses and depreci...
Comparable to segment-level EBIT or operating profit reported by other large-scale infrastructure and utility service providers.
pwr_segment_electric_power_operating_income_loss| Q2 '21 | Q3 '21 | Q4 '21 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $216.35M | $216.35M | $216.35M | $255.46M | $215.15M | $244.02M | $296.18M | $258.01M | $228.03M | $263.86M | $354.51M |
| QoQ Change | — | +0.0% | +0.0% | +18.1% | -15.8% | +13.4% | +21.4% | -12.9% | -11.6% | +15.7% | +34.4% |
| YoY Change | — | — | — | +18.1% | — | — | +15.9% | — | +6.0% | +8.1% | +19.7% |