Analysis for PWR
- 📈 Growth — 27/30
- 💰 Profitability — 16/20
- 🏦 Financial Health — 14/20
- 💵 Valuation — 13/20
- ⚠️ Risk — 7/10
Summary:
📈 Growth & Financial Trajectory
Quanta Services shows a steady revenue uptrend across the eight quarters: from about $5.03B in 2024Q1 to about $7.84B in 2025Q4, a growth of roughly 56%. Net income also improves from around $126M in 2024Q1 to about $317M in 2025Q4, with a notable dip in mid-2025 where Q2 earnings were $234M before rebounding in Q3/Q4. The trajectory suggests stronger backlog execution and volume in 2025.
💰 Margins & Cash Flow
Gross margins run in the mid-teens, roughly 15%–18%, while operating margins are typically 4%–7%, indicating modest operating leverage. Cash flow from operations has been positive in every quarter shown, with robust operating cash flow in 2024–2025; investing cash flow remains a net outflow due to capex and acquisitions. Free cash flow is occasionally negative in quarters with large investing activity but overall supports liquidity.
🛡️ Balance Sheet & Liquidity
Total assets hover around $16–20B with equity around $6–9B and current ratios near 1.1–1.4, indicating reasonable liquidity. Liabilities are sizable but manageable; noncurrent liabilities vary by period but the company maintains adequate working capital to weather capex cycles.
⚠️ Key Drivers & Risks
- Drivers: Infrastructure/energy project demand, growing utility and state funded investments.
- Risks: Cyclicality of energy/capital expenditure cycles and earnings volatility from project schedules.