QUANTA SERVICES, INC.
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 5,995 | 40.1 |
| Stockholders' equity | 8,938 | 59.9 |
| Total capitalization | 14,933 | 100.0 |
150,343,393 shares outstanding at 27 July 2026 (cover page of the 10-Q filed 30 July 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Long-term debt, incl. current maturities | 5,995 |
| Long-term debt, noncurrent | 5,231 |
| Current maturities | 764 |
CAPITAL STOCK 12/31/25
| Common shares authorized | 600,000,000 |
| Common shares issued | 179,534,355 |
| Treasury shares | 29,956,791 |
| Par or stated value per share ($) | 1e-05 |
| Outstanding at 7/27/26 | 150,343,393 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | 0.41 | 6.0 |
| 2024 | 0.37 | 6.1 |
| 2023 | 0.33 | 6.6 |
| 2022 | 0.29 | 8.7 |
| 2021 | 0.25 | 7.5 |
HISTORY AND BUSINESS
HISTORY: Incorporated in Delaware.
BUSINESS: Classified by the SEC under Standard Industrial Classification 1731, Electrical Work. Large accelerated filer. Principal executive office: 2727 North Loop West, Houston, TX 77008-1044. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Revenues | 28,480 | 23,673 | 20,882 |
| Cost of revenues | 24,205 | 20,162 | 17,945 |
| Gross profit | 4,275 | 3,511 | 2,937 |
| Selling, general and administrative | 2,189 | 1,825 | 1,555 |
| Depreciation and amortization | 412 | 359 | 325 |
| Operating income | 1,612 | 1,346 | 1,128 |
| Interest expense | 261 | 203 | 187 |
| Income before income taxes | 1,390 | 1,212 | 970 |
| Income taxes | 348 | 285 | 219 |
| Net income | 1,028 | 905 | 745 |
| Earned per share, diluted ($) | 6.80 | 6.03 | 5.00 |
| Dividends per share ($) | 0.41 | 0.37 | 0.33 |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Cash and equivalents | 440 | 742 |
| Receivables, net | 6,847 | 5,171 |
| Inventories | 370 | 260 |
| Total current assets | 9,903 | 7,851 |
| Property, plant and equipment, net | 3,455 | 2,700 |
| Goodwill | 7,317 | 5,316 |
| Total assets | 24,927 | 18,684 |
| Total current liabilities | 8,716 | 6,029 |
| Long-term debt | 5,231 | 4,100 |
| Total liabilities | 15,899 | 11,354 |
| Stockholders' equity | 8,938 | 7,318 |
| Total liabilities and equity | 24,927 | 18,684 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 28,480 | 1,612 | 1,028 | 3.6 | 6.80 | 0.41 | 2,230 | 609 | 1,621 | 24,927 | 15,899 | 5,995 | 8,938 | 11.5 | 0.67 |
| 12/31/24 | 23,673 | 1,346 | 905 | 3.8 | 6.03 | 0.37 | 2,081 | 604 | 1,477 | 18,684 | 11,354 | 4,162 | 7,318 | 12.4 | 0.57 |
| 12/31/23 | 20,882 | 1,128 | 745 | 3.6 | 5.00 | 0.33 | 1,576 | 435 | 1,141 | 16,237 | 9,954 | 4,199 | 6,272 | 11.9 | 0.67 |
| 12/31/22 | 17,074 | 872 | 491 | 2.9 | 3.32 | 0.29 | 1,130 | 428 | 703 | 13,464 | 8,066 | 3,730 | 5,383 | 9.1 | 0.69 |
| 12/31/21 | 12,980 | 664 | 486 | 3.7 | 3.34 | 0.25 | 582 | 386 | 197 | 12,855 | 7,738 | 3,754 | 5,112 | 9.5 | 0.73 |
| 12/31/20 | 11,203 | 611 | 446 | 4.0 | 3.07 | 0.21 | 1,116 | 260 | 856 | 8,398 | 4,049 | 1,189 | 4,344 | 10.3 | 0.27 |
| 12/31/19 | 12,112 | 555 | 402 | 3.3 | 2.73 | 0.17 | 527 | 262 | 265 | 8,332 | 4,278 | 1,367 | 4,050 | 9.9 | 0.34 |
| 12/31/18 | 11,171 | 540 | 293 | 2.6 | 1.90 | 0.04 | 359 | 294 | 65 | 7,076 | 3,470 | 1,106 | 3,604 | 8.1 | 0.31 |
| 12/31/17 | 9,466 | 379 | 315 | 3.3 | 2.00 | 0.00 | 372 | 245 | 127 | 6,480 | 2,685 | 672 | 3,792 | 8.3 | 0.18 |
| 12/31/16 | 7,651 | 321 | 198 | 2.6 | 1.26 | – | 391 | 213 | 178 | 5,354 | 2,011 | 361 | 3,339 | 5.9 | 0.11 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
QUANTA SERVICES, INC.
CIK 1050915 · EIN 74-2851603
PRINCIPAL OFFICE:
2727 North Loop West, Houston, TX 77008-1044
Tel.: 713-629-7600
INCORPORATED:
Delaware
INDUSTRY (SEC SIC CODE):
1731 · Electrical Work
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 19 February 2026
FORMER NAMES:
QUANTA SERVICES INC
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/19/26) · 10-K FY2024 (filed 2/20/25) · 10-K FY2023 (filed 2/22/24) · 10-K FY2022 (filed 2/23/23) · 10-K FY2021 (filed 2/25/22) · 10-K FY2020 (filed 3/1/21) · 10-K FY2019 (filed 2/28/20) · 10-K FY2018 (filed 2/28/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.