Discontinued — last reported Q3 '24

Business Segments · Operating income (loss)

Underground and Infrastructure — Operating income (loss)

Quanta Services Underground and Infrastructure — Operating income (loss) increased by 15.2% to $93.96M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 24.1%, from $123.76M to $93.96M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2021
Last reportedQ3 2024
Rolls up toOperating Income

How to read this metric

An increase reflects improved project execution, better cost management, or higher volume, while a decrease suggests operational inefficiencies or margin compression.

Detailed definition

This metric represents the profitability of the underground utility and infrastructure segment after accounting for dire...

Peer comparison

Standard segment-level operating profit reported by industrial and infrastructure services firms to evaluate core business health.

Metric ID: pwr_segment_underground_and_infrastructure_operating_income_loss

Historical Data

11 periods
 Q2 '21Q3 '21Q4 '21Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$37.54M$37.54M$37.54M$101.35M$61.57M$107.21M$123.76M$85.43M$46.89M$81.59M$93.96M
QoQ Change+0.0%+0.0%+170.0%-39.2%+74.1%+15.4%-31.0%-45.1%+74.0%+15.2%
YoY Change+170.0%+22.1%-23.8%-23.9%-24.1%
Range$37.54M$123.76M
CAGR+44.3%
Avg YoY Growth+24.1%
Median YoY Growth-23.8%
Current Streak2 quarters growth

Frequently Asked Questions

What is Quanta Services's underground and infrastructure — operating income (loss)?
Quanta Services (PWR) reported underground and infrastructure — operating income (loss) of $93.96M in Q3 2024.
How has Quanta Services's underground and infrastructure — operating income (loss) changed year-over-year?
Quanta Services's underground and infrastructure — operating income (loss) decreased by 24.1% year-over-year, from $123.76M to $93.96M.
What does underground and infrastructure — operating income (loss) mean?
The profit generated by the underground utility and infrastructure segment before corporate overhead and taxes.