# Quanta Services, Inc. (PWR) — Stock CV

Quanta Services, Inc. is a $106B industrial company. Revenue grew 26.3% over the last year, it keeps 4¢ of every dollar of sales as profit, and its net debt equals ~2.3 years of free cash flow. It trades at 80.0× earnings — near the highest of its own history.

> Quanta Services is a leading specialty contractor serving customers across the utility, telecom, oil and gas, and renewable energy markets. The company operates through two segments: electric and underground utility.

## Identity

- **Ticker**: PWR
- **Sector**: Industrials
- **Industry**: Electrical Work
- **Headquarters**: HOUSTON, TX
- **Employees**: 69 500
- **Website**: https://www.quantaservices.com
- **Market cap**: $106B
- **Last price**: $705.94
- **Financial profile**: Strained

## Vitals (TTM)

- **Revenue**: $32.9B
- **Net income**: $1.33B
- **Free cash flow**: $2.39B
- **Net debt**: $5.56B
- **P/E**: 80.0
- **Revenue growth (YoY)**: 26.3%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 25 |
| Growth | 95 |
| Profitability | 28 |
| Health | 42 |
| Quality | 90 |
| Moat | 37 |

## Qualifications (beginner checklist) — 9 of 11 passed

- [x] Revenue growing — +26.3% YoY
- [x] Profitable — $1.33B TTM
- [x] Profit growing — +27.0% YoY
- [x] Generates cash — $2.39B TTM
- [x] Debt under control — ~2.3y of cash flow to repay
- [x] Established company — $106B market cap
- [x] Not printing shares — +4.2% shares over ~5y
- [x] Proven track record — 10/10 profitable years
- [ ] Financially stable — health score 30/100
- [x] Pays a dividend — yield 0.06%
- [ ] Valuation not extreme — P/E 80.0

## Experience (career milestones)

- **2026** — Quanta continued its acquisition strategy, acquiring several infrastructure-services companies
- **FY2025** — Best year on record: $1.03B net income
- **2025** — Quanta completed acquisition of Dynamic Systems, a provider of mechanical, plumbing and process…
- **2024** — The firm bought California-based Cupertino Electric for $1.5 billion(US) in a mostly cash transaction…
- **2021** — The firm purchased the Blattner Company, a Minnesota-based renewable contracting company, for $2.7…
- **2019** — Quanta purchased Hallen Construction, a gas utility contractor serving the northeast, contractors R.R
- **FY2018** — Revenue crossed $10B: $11.2B for the year
- **FY2016** — Profitable every year on record: 10 consecutive profitable years in our data
- **FY2016** — Revenue already above $1B: $7.65B in first reported year
- **FY2016** — Positive free cash flow every year since: 10-year streak
- **2007** — Quanta bought Infrasource Services for $1.26 billion(US) in an all-stock transaction
- **2001** — Quanta became the target of a takeover attempt by UtiliCorp United Inc
- **1998** — Quanta went public on the New York Stock Exchange under the ticker symbol PWR ("power")
- **1991** — He acquired ownership of PAR, becoming its president in 1991
- **1954** — Cupertino, founded in 1954, was the US’ sixth largest electrical contractor and has installed electrical power in…

## Strengths

- Revenue growing 26.3% year over year
- Interest covered 8.0× by operating earnings

## Watch-outs

- None stand out in the data.

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $13.0B | $486M | $197M |
| FY2022 | $17.1B | $491M | $703M |
| FY2023 | $20.9B | $745M | $1.14B |
| FY2024 | $23.7B | $905M | $1.48B |
| FY2025 | $28.5B | $1.03B | $1.62B |

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Source: https://stockcv.com/PWR — derived from company filings; may be delayed or incomplete. Information, not investment advice.