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Quanta Services PWR Business Segments

FY'25FY'24FY'23FY'22
Revenue by Business
Underground and Infrastructure (1)$5.48B+17.5%$4.66B-7.1%$5.02B
Operating Income (Loss), Before Corporate And Non-Allocated Costs by Business
Electric$2.36B+20.5%$1.96B+31.4%$1.49B+55.5%$958.8M
Underground and Infrastructure$398.28M+50.3%$265.03M-29.9%$377.98M+19.0%$317.54M
Segment Operating Expenses by Business
Electric$20.7B+21.0%$17.1B+18.6%$14.42B+79.5%$8.03B
Underground and Infrastructure$5.08B+15.6%$4.4B-5.2%$4.64B+14.8%$4.04B
Segment operating expenses, (excluding depreciation expense) by Business
Electric$20.41B+21.1%$16.86B+18.7%$14.2B+80.0%$7.88B
Foreign currency translation adjustments by Business
Electric$8.95M+165%-$13.73M-1,204%$1.24M+128%-$4.46M
Underground and Infrastructure$7.64M+165%-$11.71M-764%$1.76M+121%-$8.4M
Equity in earnings of integral unconsolidated affiliates by Business
Electric$55.64M+10.2%$50.48M+21.3%$41.61M-20.7%$52.47M
Underground and Infrastructure$0$0$0$0
Segment depreciation expense by Business
Underground and Infrastructure$106.07M+22.0%$86.92M+12.1%$77.52M-6.7%$83.12M
Goodwill, Acquired During Period by Business
Electric$645.73M-42.7%$1.13B+493%$189.78M+1,452%$12.23M
Underground and Infrastructure$1.33B+612%$186.99M$0$0
Purchase price allocation adjustments by Business
Electric$5.93M+154%-$11M-3,353%$338K-64.9%$962K
Underground and Infrastructure$364K$0$0-100%$580K
Revenue by Geography
Australia$779.53M+16.9%$666.87M+8.9%$612.5M+43.0%$428.32M+93.8%
Canada$1.02B-0.6%$1.03B-49.9%$2.05B+1.2%$2.02B+29.8%
Others$198.45M-46.9%$374.04M+19.6%$312.82M+33.4%$234.49M+75.6%
United States$26.48B+22.6%$21.61B+20.6%$17.91B+24.5%$14.39B+30.0%
Percent of total revenues (in percent) by Geography
Canada10.6%
United States279.1%+5.9pp273.2%+18.6pp254.6%

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Questions, answered.

How does Quanta Services break its business down?
Quanta Services (PWR) reports revenue by business across 2 parts — Electric and Underground and Infrastructure (1). Each is extracted from the segment footnotes and tracked over time.
Where does Quanta Services's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Quanta Services's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.