To the full analysis
Quanta Services stock: growth
PWRQuanta Services reported $28.35B in revenue for fiscal 2025, up 19.8% on the prior year, up 20.4% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
14.6%
per year from 2006 to 2025, per share 13%
Earnings (Annual rate)
23.9%
per year from 2006 to 2025, per share 22.3%
Free cash flow (Annual rate)
17.8%
per year from 2006 to 2025, per share 16.2%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 20.4% | 14.1% | 14.6% |
| Revenue per share | 18.7% | 17.0% | 13.0% |
| Earnings | 18.2% | 12.7% | 23.9% |
| Earnings per share | 16.9% | 15.8% | 22.3% |
| Free cash flow | 13.6% | 14.2% | 17.8% |
| Free cash flow per share | 12.0% | 17.1% | 16.2% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $2.13B | $17.48M | $72.19M |
| 2007 | $2.66B | $135.98M | $91.31M |
| 2008 | $3.78B | $166.74M | $42.29M |
| 2009 | $3.32B | $162.16M | $211.92M |
| 2010 | $3.93B | $153.18M | $90.61M |
| 2011 | $4.62B | $132.52M | $46.03M |
| 2012 | $5.92B | $306.63M | −$104.77M |
| 2013 | $6.52B | $401.92M | $183.03M |
| 2014 | $7.85B | $296.71M | $9.1M |
| 2015 | $7.57B | $310.91M | $430.35M |
| 2016 | $7.65B | $198.38M | $167.59M |
| 2017 | $9.47B | $314.98M | $127.82M |
| 2018 | $11.17B | $293.35M | $50.75M |
| 2019 | $12.11B | $402.04M | $264.28M |
| 2020 | $11.2B | $445.6M | $855.4M |
| 2021 | $12.98B | $485.96M | $195.67M |
| 2022 | $17.07B | $491.19M | $701.53M |
| 2023 | $20.88B | $744.69M | $1.14B |
| 2024 | $23.67B | $904.82M | $1.48B |
| 2025 | $28.35B | $1.03B | $1.62B |
Revenue by segment
How Quanta Services, Inc. makes its money and how that has shifted. Names are as the company reports them.
- Electric Power Infrastructure$23.0B81%
- Underground Utility and Infrastructure Solutions$5.5B19%
The company split earlier years differently. A history would not be comparable, so only 2025 is shown.
Figures as a table
| 2025 | Share 2025 | |
|---|---|---|
| Electric Power Infrastructure | $23B | 81.1% |
| Underground Utility and Infrastructure Solutions | $5.48B | 19.3% |
| Total revenue | $28.35B | 100% |
Revenue by region
Where Quanta Services, Inc. generates its revenue.
- United States93%
- Canada4%
- Australia3%
- Other< 1%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| United States | $8.58B | $10.19B | $9.62B | $11.07B | $14.39B | $17.91B | $21.61B | $26.48B | 93.4% |
| Canada | $1.98B | $1.44B | $1.25B | $1.56B | $2.02B | $2.05B | $1.03B | $1.02B | 3.6% |
| Australia | $377.45M | $187.92M | $200.66M | $221.04M | $428.32M | $612.5M | $666.87M | $779.53M | 2.7% |
| Other | $234.42M | $296.83M | $130.69M | $133.57M | $234.49M | $312.82M | $374.04M | $0 | 0% |
| Total revenue | $11.17B | $12.11B | $11.2B | $12.98B | $17.07B | $20.88B | $23.67B | $28.35B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 15 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.