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Quanta Services PWR Underground and Infrastructure — Segment depreciation expense

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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 pwr:SegmentDepreciation.

The official record: Quanta Services’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Quanta Services's underground and infrastructure — segment depreciation expense?
Quanta Services (PWR) reported underground and infrastructure — segment depreciation expense of $25.5M in Q1 2026.
How has Quanta Services's underground and infrastructure — segment depreciation expense changed year-over-year?
Quanta Services's underground and infrastructure — segment depreciation expense decreased by 2.2% year-over-year, from $26.07M to $25.5M.
What is the long-term trend for Quanta Services's underground and infrastructure — segment depreciation expense?
Over 3 years (2022 to 2025), Quanta Services's underground and infrastructure — segment depreciation expense has grown at a 8.5% compound annual growth rate (CAGR), from $83.12M to $106.07M.
What does underground and infrastructure — segment depreciation expense mean?
Reflects the systematic allocation of the cost of tangible assets used by the underground infrastructure segment over their useful lives. This non-cash expense accounts for the wear and tear of heavy machinery and specialized equipment.