Discontinued — last reported Q2 '23

Business Segments · Operating income (loss)

Underground Utility and Infrastructure Solutions — Operating income (loss)

Quanta Services Underground Utility and Infrastructure Solutions — Operating income (loss) increased by 74.1% to $107.21M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 19.2%, from $89.94M to $107.21M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ2 2023
Rolls up toOperating Income

How to read this metric

An increase indicates improved operational efficiency or higher project margins, while a decrease suggests rising costs or competitive pricing pressures.

Detailed definition

This metric represents the profit or loss generated by the underground utility segment after accounting for direct costs...

Peer comparison

Comparable to segment-level operating profit reported by diversified infrastructure and utility service providers.

Metric ID: pwr_segment_underground_utility_and_infrastructure_solutions_operating_income_loss

Historical Data

9 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23
Value$23.94M$68.17M$49.23M$48.18M$89.94M$101.35M$78.07M$61.57M$107.21M
QoQ Change+184.8%-27.8%-2.1%+86.7%+12.7%-23.0%-21.1%+74.1%
YoY Change+275.7%+48.7%+58.6%+27.8%+19.2%
Range$23.94M$107.21M
CAGR+111.6%
Avg YoY Growth+86.0%
Median YoY Growth+48.7%

Frequently Asked Questions

What is Quanta Services's underground utility and infrastructure solutions — operating income (loss)?
Quanta Services (PWR) reported underground utility and infrastructure solutions — operating income (loss) of $107.21M in Q2 2023.
How has Quanta Services's underground utility and infrastructure solutions — operating income (loss) changed year-over-year?
Quanta Services's underground utility and infrastructure solutions — operating income (loss) increased by 19.2% year-over-year, from $89.94M to $107.21M.
What does underground utility and infrastructure solutions — operating income (loss) mean?
The profit or loss earned from the underground utility business segment before interest and taxes.