Quanta Services

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 Ratings3.9
Overall CultureB+

Latest Updates

Employees (est.) (Dec 2021)43,700(+23%)
Job Openings37
Revenue (FY, 2020)$11.2 B(-7%)
Share Price (Jun 2022)$119.8(-3%)
Cybersecurity ratingBMore
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Key People/Management at Quanta Services

Earl C. Austin

Earl C. Austin

President, Chief Executive Officer
Derrick A. Jensen

Derrick A. Jensen

Chief Financial Officer
Redgie Probst

Redgie Probst

Chief Operating Officer
Jayshree Desai

Jayshree Desai

Chief Corporate Development Officer
Paul Gregory

Paul Gregory

Chief Strategy Officer
Donald Wayne

Donald Wayne

EVP, General Counsel
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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 $11.2 b in FY, 2020 which is a 7.5% decrease from the previous period.
USD

Revenue (FY, 2020)

11.2b

Revenue growth (FY, 2019 - FY, 2020), %

(7.5%)

Gross profit (FY, 2020)

1.7b

Gross profit margin (FY, 2020), %

14.8%

Net income (FY, 2020)

452.0m

EBIT (FY, 2020)

611.4m

Market capitalization (29-Jun-2022)

17.1b

Closing stock price (29-Jun-2022)

119.8

Cash (31-Dec-2020)

184.6m

EV

18.3b
Quanta Services's current market capitalization is $17.1 b.
USDFY, 2018FY, 2019FY, 2020

Revenue

11.2b12.1b11.2b

Revenue growth, %

18%8%(8%)

Cost of goods sold

9.7b10.5b9.5b

Gross profit

1.5b1.6b1.7b
USDFY, 2018FY, 2019FY, 2020

Cash

78.7m164.8m184.6m

Accounts Receivable

2.4b2.7b2.7b

Prepaid Expenses

208.1m261.3m183.4m

Inventories

107.7m55.7m50.5m
USDFY, 2018FY, 2019FY, 2020

Net Income

296.0m406.8m452.0m

Depreciation and Amortization

246.5m280.2m302.0m

Inventories

(28.1m)52.2m9.9m

Cash From Operating Activities

358.8m526.6m1.1b
USDFY, 2018

Revenue/Employee

285.0k

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

2 x
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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$5.3 b

Orders (Electric Power Infrastructure Services)

$5.5 b$5.86 b

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: 30.6% from Pipeline and Industrial Infrastructure Services and 69.4% from Electric Power Infrastructure Services

Quanta Services revenue breakdown by geographic segment: 11.2% from Canada, 85.9% from United States and 3.0% from Other

Quanta Services Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

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

    B+

    73/100

  • CEO Rating

    C

    67/100

  • Compensation

    C+

    64/100

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Quanta Services News and Updates

Quanta Services (NYSE:PWR) Trading Up 1.2%

Quanta Services, Inc. (NYSE:PWR – Get Rating) was up 1.2% on Monday . The company traded as high as $128.56 and last traded at $128.17. Approximately 40,281 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 1,524,784 shares. The stock had previously closed…

Quanta Services Announces Quarterly Cash Dividend

Quanta Services, Inc. (NYSE: PWR) announced today that its Board of Directors has declared a quarterly cash dividend to stockholders of $0.07 per share. The dividend is payable on July 15, 2022, to stockholders of record as of July 1, 2022.

Quanta Services to Participate in Several Institutional Investor Conferences in June

Quanta Services, Inc. (NYSE: PWR) announced today that company management will participate in several institutional investor conferences in June, including the KeyBanc Capital Markets Industrials & Basic Materials Conference, the Bernstein Strategic Decisions Conference, the Baird Global Consume…

Quanta Services Announces Planned Executive Transitions

Derrick Jensen to Transition from Chief Financial Officer to Executive Vice President – Business Operations Jayshree Desai to Transition from Chief Corporate Development Officer to Chief Financial Officer HOUSTON, May 5, 2022 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced...

Quanta Services Reports First Quarter 2022 Results

Revenues in the first quarter of 2022 were $3.97 billion compared to revenues of $2.70 billion in the first quarter of 2021, and net income attributable to common stock was $84.6 million, or $0.57 per diluted share, in the first quarter of 2022 compared to net income attributable to common stock of …

Quanta Services Announces First Quarter 2022 Earnings Release & Conference Call Schedule

HOUSTON, April 26, 2022 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that it will release first quarter 2022 financial results on Thursday, May 5, 2022, before the market opens. In conjunction with the press release, Quanta has scheduled a conference call and webcast...
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Quanta Services Blogs

Quanta Services Announces Planned Executive Transitions

Quanta Services, Inc. (NYSE: PWR) announced today that, effective as of July, 2022, Derrick Jensen will transition from his current role as Chief Financial Officer to the new role of Executive Vice President – Business Operations and Jayshree Desai will transition from her current role as Chief Corp…

Quanta Services Reports First Quarter 2022 Results

Quanta Services, Inc. (NYSE: PWR) today announced results for the three months ended March 31, 2022. Revenues in the first quarter of 2022 were $3.97 billion compared to revenues of $2.70 billion in the first quarter of 2021, and net income attributable to common stock was $84.6 million, or $0.57 pe…

Quanta Services Announces First Quarter 2022 Earnings Release & Conference Call Schedule

HOUSTON, April 26, 2022 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that it will release first quarter 2022 financial results on Thursday, May 5, 2022, before the market opens. In conjunction with the press release, Quanta has scheduled a conference call and webcast for 9:00 …

Quanta Services to Host & Webcast its 2022 Investor Day

Company To Provide Strategic Update and Long-Term Financial Targets HOUSTON, April 4, 2022 /PRNewswire/ -- As previously announced, Quanta Services, Inc. (NYSE: PWR) is hosting and webcasting its 2022 Investor Day from New York City on Tues., Apr. 5, 2022. Management intends to present certain inf…

Quanta Services to Participate in a Fireside Chat at the Goldman Sachs Energy Services Symposium

HOUSTON, March 8, 2022 /PRNewswire/ -- Quanta Services, Inc. (NYSE:PWR) announced today that company management will participate in the Goldman Sachs Global Energy Services Symposium on Wednesday, March 9, 2022. Duke Austin, Chief Executive Officer and Derrick Jensen, Chief Financial Officer, will…

QUANTA SERVICES TO HOST & WEBCAST ITS 2022 INVESTOR DAY

Company To Provide Strategic Update and Long-Term Financial Targets HOUSTON, March 4, 2022 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that it will host and webcast its 2022 Investor Day from New York City on Tues., Apr. 5, 2022. Management intends to provide presentations a…
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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 Earl C. Austin, Derrick A. Jensen and Redgie Probst.

  • How many employees does Quanta Services have?

    Quanta Services has 43,700 employees.

  • What is Quanta Services revenue?

    Latest Quanta Services annual revenue is $11.2 b.

  • What is Quanta Services revenue per employee?

    Latest Quanta Services revenue per employee is $256.4 k.

  • Who are Quanta Services competitors?

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

  • 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.