OverviewSuggest Edit

Quanta Services is a specialized contracting services company, delivering infrastructure solutions for the electric power and natural gas, and pipeline industries. The Company operates through two segments: Electric Power Infrastructure Services and Pipeline and Industrial Infrastructure Services. The Electric Power Infrastructure Services provides network solutions to customers in the electric power industry. The Pipeline and Industrial Infrastructure Services offers infrastructure solutions, including design, installation, upgrade, repair, and maintenance services to customers involved in the development, transportation, distribution, storage, and processing of natural gas, oil, and other products.

TypePublic
Founded1997
HQHouston, TX, US
Websitequantaservices.com
Employee Ratings3.4
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2019)40,300(+3%)
Revenue (FY, 2019)$12.1 B(+9%)
Share Price (Jan 2021)$78.3 (+3%)
Cybersecurity ratingBMore

Key People/Management at Quanta Services

David McClanahan

David McClanahan

Chairman of the Board
Earl C. Austin

Earl C. Austin

President, Chief Executive Officer and Chief Operating Officer
Derrick A. Jensen

Derrick A. Jensen

Chief Financial Officer
Paul Gregory

Paul Gregory

President, Pipeline and Industrial and Chief Strategy Officer
Donald Wayne

Donald Wayne

EVP, General Counsel
Jayshree Desai

Jayshree Desai

Chief Corporate Development Officer
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Quanta Services Office Locations

Quanta Services has offices in Houston, Kansas City, Raleigh, Spokane Valley and in 4 other locations
Houston, TX, US (HQ)
2800 Post Oak Blvd
Houston, TX, US
10000 Richmond Ave #300
Kansas City, MO, US
Belleview Office Building, 4770 N Belleview Ave #100, Kansas City
Raleigh, NC, US
4020 Westchase Blvd #300
Spokane Valley, WA, US
4308 N Barker Rd
Spring, TX, US
480 Wildwood Forest Dr #750
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Quanta Services Financials and Metrics

Quanta Services Revenue

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Quanta Services's revenue was reported to be $12.11 b in FY, 2019 which is a 8.4% increase from the previous period.
USD

Revenue (Q3, 2020)

3.0b

Gross profit (Q3, 2020)

507.5m

Gross profit margin (Q3, 2020), %

16.8%

Net income (Q3, 2020)

163.7m

EBIT (Q3, 2020)

242.2m

Market capitalization (19-Jan-2021)

10.9b

Closing stock price (19-Jan-2021)

78.3

Cash (30-Sept-2020)

216.9m

EV

12.1b
Quanta Services's current market capitalization is $10.9 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

9.5b11.2b12.1b

Revenue growth, %

18%8%

Cost of goods sold

8.2b9.7b10.5b

Gross profit

1.2b1.5b1.6b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

2.4b2.7b3.0b2.8b2.8b3.4b2.8b2.5b3.0b

Cost of goods sold

2.1b2.3b2.6b2.4b2.5b2.9b2.4b2.2b2.5b

Gross profit

301.0m333.4m425.8m364.0m319.5m473.4m332.2m355.3m507.5m

Gross profit Margin, %

12%13%14%13%11%14%12%14%17%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

138.3m78.7m164.8m

Accounts Receivable

2.0b2.4b2.7b

Prepaid Expenses

168.4m208.1m261.3m

Inventories

80.9m107.7m55.7m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

101.7m120.4m113.5m85.4m73.4m80.0m377.2m530.7m216.9m

Accounts Receivable

2.1b2.1b2.3b2.6b2.6b3.2b2.6b2.4b2.8b

Prepaid Expenses

173.9m208.8m198.3m234.1m294.5m313.6m168.6m205.7m191.5m

Inventories

94.5m85.9m94.7m81.1m68.4m67.0m50.4m48.3m39.8m
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

318.2m296.0m406.8m

Depreciation and Amortization

216.0m246.5m280.2m

Inventories

14.1m(28.1m)52.2m

Cash From Operating Activities

372.5m358.8m526.6m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

38.6m113.3m238.2m121.0m149.5m286.5m41.5m116.3m280.0m

Depreciation and Amortization

59.1m119.7m181.8m64.9m131.3m202.1m72.3m144.6m220.6m

Inventories

(13.7m)(5.4m)(13.8m)29.0m42.1m43.6m(4.4m)(1.9m)6.8m

Cash From Operating Activities

26.0m182.5m221.6m(82.7m)(191.4m)(100.2m)227.5m725.0m839.9m
USDFY, 2017

EV/EBIT

17.4 x

EV/CFO

17.7 x

EV/FCF

51.5 x

Revenue/Employee

288.6k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.7 x

P/E Ratio

19.6
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Quanta Services Operating Metrics

FY, 2018FY, 2019

Remaining Performance Obligations (Electric Power Infrastructure Services)

$3.05 b$3.96 b

Remaining Performance Obligations (Pipeline and Industrial Infrastructure Services)

$1.64 b$1.34 b

Remaining Performance Obligations

$4.68 b$5.30 b

Orders (Electric Power Infrastructure Services)

$5.50 b$5.86 b
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Quanta Services Acquisitions / Subsidiaries

Company NameDateDeal Size
Arby ConstructionDecember 16, 2020
North Houston Pole Line, L.P.December 16, 2020
Stronghold Specialty Ltd.July 21, 2017$450 m
Banister Pipelines Constructors Corp.November 24, 2014
Nacap AustraliaAugust 05, 2013
Valard Construction, LLCOctober 25, 2010
Price Gregory Services, LLCSeptember 03, 2009
InfraSource Services, LLCAugust 30, 2007
Logical LinkOctober 05, 2000
Mears Group, Inc.October 05, 2000
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Quanta Services Revenue Breakdown

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Quanta Services revenue breakdown by business segment: 58.8% from Electric Power Infrastructure Services and 41.2% from Pipeline and Industrial Infrastructure Services

Quanta Services revenue breakdown by geographic segment: 84.1% from United States, 11.9% from Canada and 4.0% from Other

Quanta Services Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Quanta Services Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Quanta Services Online and Social Media Presence

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Quanta Services Company Culture

  • Overall Culture

    A+

    86/100

  • CEO Rating

    A+

    93/100

  • Compensation

    B

    69/100

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Quanta Services News and Updates

Quanta Services raises quarterly dividend by 20% to 6 cents a share

Quanta Services Inc. said Friday its board has declared a quarterly cash dividend of 6 cents a share, up 20% from the prior quarter. The new dividend is payable Jan. 15 to shareholders of record as of Jan. 4. Quanta is a contracting services company based in Houston. Shares were not active premarke…

Why Quanta Services Stock Remains A Good Buy After Rallying 60% This Year

Quanta Services, a company that provides contracting services for electric utilities as well as the pipeline, industrial, and communications industries has seen its stock price rise by about 62% year-to-date and has recovered by about 180% from its March lows, as its electric power business...

Quanta Services Reports Second Quarter 2020 Results

HOUSTON, Aug. 6, 2020 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) today announced results for the three and six months ended June 30, 2020. Revenues in the second quarter of 2020 were $2.51 billion compared to revenues of $2.84 billion in the second quarter of 2019, and net income...

Quanta Services Reports 2019 Fourth Quarter And Annual Results

HOUSTON, Feb. 27, 2020 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) today announced results for the three and twelve months ended December 31, 2019. Revenues in the fourth quarter of 2019 were $3.11 billion, compared to revenues of $3.11 billion in the fourth quarter of 2018, and net...

Quanta Services Increases Quarterly Cash Dividend by 25%

HOUSTON, Dec. 12, 2019 /PRNewswire/ -- Quanta Services, Inc. (NYSE:PWR) announced today that its Board of Directors has declared a quarterly cash dividend to stockholders of $0.05 per share, or a rate of $0.20 per share on an annualized basis, which represents a 25% increase from Quanta's...

Quanta Services Reports Third Quarter 2019 Results

HOUSTON, Oct. 31, 2019 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) today announced results for the three and nine months ended September 30, 2019. Revenues in the third quarter of 2019 were a record $3.35 billion, compared to revenues of $2.99 billion in the third quarter of 2018,...
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Quanta Services Blogs

2020 Healthiest 100 Workplaces in America Named

Healthiest Employers®, the most-trusted U.S. awards program for people-centric companies powered by Springbuk’s Healthiest Employers Index on employee health and wellbeing, announced today the prestigious 2020 Healthiest 100 Workplaces in America, highlighting organizations that invested in the heal…

People, Service Drive Mears’ Continued Success

The year 2020 marks the 50th anniversary of the Mears Group. Founded in 1970, Mears today is an industry-leading energy infrastructure solutions provider serving multiple markets that include gas distribution, pipeline and facilities construction, pipeline integrity, horizontal direction drilling (H…

Quanta Services to Participate in the Credit Suisse Virtual Industrials Conference

HOUSTON, Dec. 1, 2020 /PRNewswire/ -- Quanta Services, Inc. (NYSE:PWR) announced today that company management will participate in the Credit Suisse Virtual Industrials Conference. Duke Austin, Chief Executive Officer, Derrick Jensen, Chief Financial Officer, and Kip Rupp, Vice President - Investo…

ENR 2020 Top 600 Specialty Contractors

Quanta Services ranks #1 on ENR’s Top 600 Specialty Contractor’s List Read More at ENR The post ENR 2020 Top 600 Specialty Contractors appeared first on Quanta Services.

Quanta Services Announces Third Quarter 2020 Earnings Release & Conference Call Schedule

HOUSTON, Oct. 15, 2020 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that it will release third quarter 2020 financial results on Thursday, October 29, 2020, before the market opens. In conjunction with the press release, Quanta has scheduled a conference call for 9:00 a.m. Eas…

Quanta Services Announces Closing of Senior Notes Offering and Amendment to Bank Credit Agreement

HOUSTON, Sept. 22, 2020 /PRNewswire/ -- Quanta Services, Inc. (NYSE:PWR) announced today the closing of its offering of $1.0 billion aggregate principal amount of 2.9% senior notes due 2030 for net proceeds of approximately $986.7 million, after deducting underwriting discounts and estimated offer…
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Quanta Services Frequently Asked Questions

  • When was Quanta Services founded?

    Quanta Services was founded in 1997.

  • Who are Quanta Services key executives?

    Quanta Services's key executives are David McClanahan, Earl C. Austin and Derrick A. Jensen.

  • How many employees does Quanta Services have?

    Quanta Services has 40,300 employees.

  • What is Quanta Services revenue?

    Latest Quanta Services annual revenue is $12.1 b.

  • What is Quanta Services revenue per employee?

    Latest Quanta Services revenue per employee is $300.6 k.

  • Who are Quanta Services competitors?

    Competitors of Quanta Services include Cobra lnstalaciones y Servicios, Primoris Services and Amex Nooter.

  • Where is Quanta Services headquarters?

    Quanta Services headquarters is located at 2800 Post Oak Blvd, Houston.

  • Where are Quanta Services offices?

    Quanta Services has offices in Houston, Kansas City, Raleigh, Spokane Valley and in 4 other locations.

  • How many offices does Quanta Services have?

    Quanta Services has 10 offices.