Discontinued — last reported Q3 '24
Renewable Energy — Operating income (loss)
Quanta Services Renewable Energy — Operating income (loss) increased by 36.1% to $221.51M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 46.3%, from $151.39M to $221.51M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates improved operational efficiency or higher project volume within the renewable energy sector, while a decrease may signal rising project costs, competitive pricing pressure, or execution challenges.
Detailed definition
This metric represents the operating profit generated by the renewable energy infrastructure segment after accounting fo...
Peer comparison
Peers in the engineering and construction sector report similar segment-level operating income, though margins vary based on the mix of EPC (Engineering, Procurement, and Construction) versus maintenance services.
pwr_segment_renewable_energy_operating_income_lossHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $45.48M | $45.48M | $45.48M | $88.89M | $35.66M | $110.49M | $151.39M | $179.68M | $74.85M | $162.72M | $221.51M |
| QoQ Change | — | +0.0% | +0.0% | +95.5% | -59.9% | +209.9% | +37.0% | +18.7% | -58.3% | +117.4% | +36.1% |
| YoY Change | — | — | — | +95.5% | — | — | +70.3% | — | +109.9% | +47.3% | +46.3% |
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Frequently Asked Questions
- What is Quanta Services's renewable energy — operating income (loss)?
- Quanta Services (PWR) reported renewable energy — operating income (loss) of $221.51M in Q3 2024.
- How has Quanta Services's renewable energy — operating income (loss) changed year-over-year?
- Quanta Services's renewable energy — operating income (loss) increased by 46.3% year-over-year, from $151.39M to $221.51M.
- What does renewable energy — operating income (loss) mean?
- The operating profit earned specifically from the company's renewable energy infrastructure business segment.