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Quanta Services PWR Underground and Infrastructure — Foreign currency translation adjustments

Other segment segments

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$8.95M+165%

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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:GoodwillForeignCurrencyTranslationGainLoss.

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 underground and infrastructure — foreign currency translation adjustments?
Quanta Services (PWR) reported underground and infrastructure — foreign currency translation adjustments of $1.91M in Q4 2025.
How has Quanta Services's underground and infrastructure — foreign currency translation adjustments changed year-over-year?
Quanta Services's underground and infrastructure — foreign currency translation adjustments increased by 165.3% year-over-year, from -$2.93M to $1.91M.
What is the long-term trend for Quanta Services's underground and infrastructure — foreign currency translation adjustments?
Over 3 years (2022 to 2025), Quanta Services's underground and infrastructure — foreign currency translation adjustments has grown at a -3.1% compound annual growth rate (CAGR), from -$8.4M to $7.64M.
What does underground and infrastructure — foreign currency translation adjustments mean?
This metric captures the impact of fluctuations in foreign exchange rates on the valuation of goodwill and other assets held in foreign currencies within the Underground and Infrastructure segment. It reflects the translation of financial statements from functional currencies of international subsidiaries into the reporting currency. This is an accounting adjustment that does not impact cash flow but affects the reported balance sheet value.