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Quanta Services

Construction & Engineering

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Business at a glance

Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work

Operating health60
Growth90
Profitability24
Cash generation61
Balance sheet56
Dilution control71
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)57.4%Revenue growth (FY)20.3%Revenue CAGR (3y)18.6%Gross margin15.0%Operating margin5.7%Net margin3.6%Free cash flow margin5.7%R&D / revenue—Stock comp / revenue0.6%Net debt / operating cash flow2.15xCurrent ratio1.14Diluted share count change0.8%
Fiscal year endingFY 2021-12FY 2022-12FY 2023-12FY 2024-12FY 2025-12
Revenue$13.0B$17.1B$20.9B$23.7B$28.5B
Gross profit$2.0B$2.5B$2.9B$3.5B$4.3B
Operating income$664M$872M$1.1B$1.3B$1.6B
Net income$486M$491M$745M$905M$1.0B
Operating cash flow$582M$1.1B$1.6B$2.1B$2.2B
Capital expenditure$386M$428M$435M$604M$609M
Free cash flow$197M$703M$1.1B$1.5B$1.6B
Stock-based comp$88M$106M$127M$151M$182M
Buybacks$67M$128M$350,000$0$135M
Dividends$34M$41M$48M$54M$60M
Cash$229M$429M$1.3B$742M$440M
Total debt$3.7B$3.7B$3.7B$4.1B$5.2B
Equity$5.1B$5.4B$6.3B$7.3B$8.9B

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