{ "ok": true, "cik": "1050915", "ticker": "PWR", "name": "QUANTA SERVICES, INC.", "filings": [ { "form": "8-K", "filed": "2026-09-15", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1050915/000119312526391989/0001193125-26-391989-index.htm" }, { "form": "8-K", "filed": "2026-08-06", "items": [ "1.01 Entry into a Material Definitive Agreement", "2.03 Creation of a Direct Financial Obligation", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1050915/000119312526337945/0001193125-26-337945-index.htm" }, { "form": "8-K", "filed": "2026-08-04", "items": [ "1.01 Entry into a Material Definitive Agreement", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1050915/000119312526331400/0001193125-26-331400-index.htm" }, { "form": "10-Q", "filed": "2026-07-30", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1050915/000105091526000025/0001050915-26-000025-index.htm" }, { "form": "8-K", "filed": "2026-07-30", "items": [ "2.02 Results of Operations and Financial Condition", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1050915/000119312526324855/0001193125-26-324855-index.htm" }, { "form": "8-K", "filed": "2026-05-27", "items": [ "5.07 Submission of Matters to a Vote of Security Holders", "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1050915/000119312526241989/0001193125-26-241989-index.htm" } ], "events12m": 10, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001050915.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1050915" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets, no buy or sell views.", "edgar": "🫧 Edgar looked up QUANTA SERVICES, INC. ($PWR). Last filing: 8-K (5.02 Departure or Election of Directors; Appointment of Officers), 2026-09-15. 10 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 28479697000, "revenueGrowth1y": 0.2030559551586537, "revenueGrowthPerYear": 0.21706391560302318, "yearsOfData": 5, "operatingMargin": 0.05658448543184993, "operatingMarginPrior": 0.05687828581289197, "netMargin": 0.03658455355055217, "operatingCashFlow": 2229970000, "capitalSpending": 609154000, "freeCashFlow": 1620816000, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 439508000, "longTermDebt": 5994906000, "longTermDebtChange": 0.44023980188524225, "revenueHistory": [ { "fiscalYearEnd": "2021-12-31", "revenue": 12980213000 }, { "fiscalYearEnd": "2022-12-31", "revenue": 17073903000 }, { "fiscalYearEnd": "2023-12-31", "revenue": 20882206000 }, { "fiscalYearEnd": "2024-12-31", "revenue": 23672795000 }, { "fiscalYearEnd": "2025-12-31", "revenue": 28479697000 } ], "totalEquity": 8938249000, "totalAssets": 24926901000, "equityRatio": 0.35857842898320974, "returnOnEquity": 0.1165683569567149, "dividendsPaid": 60416000, "payoutRatio": 0.05798542494267778, "dividendPerShare": 0.41, "dividendYearsRising": 8, "dividendCut": false, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "range80": { "low": 26888718099.09487, "high": 38584494013.14955, "baseline": 34019127149.664562, "n": 1471, "band": "b10" }, "ifPaceHeld": { "low": 26888718099.09487, "high": 38584494013.14955 } }, "edgarette": "🔖 Exposure: revenue $28.5B (FY2025), total debt $6.0B. Experience: revenue up 20.3% on the year, up 21.7% a year over 4 years; operating margin 5.7%, down from 5.7%. Soundness: equity 35.9% of assets, return on equity 11.7%, payout 5.8% of profit, dividend per share up 8 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $26.9B and $38.6B next year (method v3, set from 1,471 SEC company-years; on a year the method never saw, 83% landed inside). A range, not a forecast. Against peers (15 filers, $50M+ revenue, its industry group): operating margin 5.7% against a 5.7% median; growth 20.3% against 16.6%.", "peers": { "sic": 1731, "sicDescription": "Electrical Work", "calendarYear": 2025, "minRevenue": 50000000, "depth": 2, "group": "17", "growth": [ 0.1662, 15 ], "opMargin": [ 0.0566, 15 ], "equityRatio": [ 0.3694, 14 ], "returnOnEquity": [ 0.1581, 12 ] }, "summary": "Quanta Services (PWR) grew revenue 20.3% in FY2025 to $28.5 billion, operating margin 5.7%, in line with the 5.7% median for electrical work, equity 35.9% of assets, and dividend per share up 8 years running. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
QUANTA SERVICES, INC. against its own record and its peers
Operating marginPeer median 5.7%5.7%Revenue, on the yearPeer median 16.6%20.3%Equity of assetsPeer median 36.9%35.9%Return on equityPeer median 15.8%11.7%Payout of profit5.8%Gold tick: the median of 12–14 peers with $50M+ revenue in electrical work
", "chartHorizon": "
Handed back now, or kept to compound
Of each dollar of profit5.8% paid out94.2% keptHanded back per share$0.41up 8 years runningGrowth its own profit can fund11.0%retained x return on equityRevenue growth it managed20.3%last year, for comparison

Gold is paid out to shareholders; navy is kept in the business. Retained profit times return on equity is the pace a company can fund from itself. Facts from the filings, not a recommendation.

", "backtest": { "tests": 6, "hits": 4, "rate": 0.6666666666666666, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T13:13:09.515Z", "hash": "ad2653412a8c3dd9", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Quanta Services (PWR) grew revenue 20.3% in FY2025 to $28.5 billion, operating margin 5.7%, in line with the 5.7% median for electrical work, equity 35.9% of assets, and dividend per share up 8 years running. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 28479697000, "totalDebt": 5994906000, "cash": 439508000 }, "experience": { "revenueGrowth1y": 0.2030559551586537, "revenueGrowthPerYear": 0.21706391560302318, "operatingMargin": 0.05658448543184993, "operatingMarginPrior": 0.05687828581289197, "netMargin": 0.03658455355055217, "freeCashFlow": 1620816000 }, "soundness": { "equityRatio": 0.35857842898320974, "returnOnEquity": 0.1165683569567149, "payoutRatio": 0.05798542494267778, "dividendPerShare": 0.41, "dividendYearsRising": 8, "dividendCut": false, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 1731, "sicDescription": "Electrical Work", "calendarYear": 2025, "minRevenue": 50000000, "depth": 2, "group": "17", "growth": [ 0.1662, 15 ], "opMargin": [ 0.0566, 15 ], "equityRatio": [ 0.3694, 14 ], "returnOnEquity": [ 0.1581, 12 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "range": { "low": 26888718099.09487, "high": 38584494013.14955, "baseline": 34019127149.664562, "coverage": 0.8, "method": "v3", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); range = 10th to 90th percentile of how SEC company-years of the same size band actually turned out", "calibratedOn": { "companyYears": 1471, "sizeBand": "b10" }, "kind": "a calibrated range, not a forecast; no view on the share price", "track": { "backtest": { "tests": 6, "hits": 4, "rate": 0.6666666666666666, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T13:13:09.515Z", "hash": "ad2653412a8c3dd9", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001050915.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1050915" } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same if-the-pace-held arithmetic applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so." } }