Quanta Services, Inc. (PWR) Financial Ratios
29 years of historical data (1997–2025) · Industrials · Engineering & Construction
EV/EBITDA
↑
47.77
↑+128% vs avg
5yr avg: 20.97
30Y Low6.3·High26.1
P/FCF
↓
72.70
↑+69% vs avg
5yr avg: 43.00
30Y Low3.9·High99.8
P/B Ratio
↑
13.19
↑+155% vs avg
5yr avg: 5.17
30Y Low0.5·High7.1
ROE
↑
12.6%
↓+8% vs avg
5yr avg: 11.6%
30Y Low-68%·High22%
Debt/EBITDA
↓
0.48
↓-79% vs avg
5yr avg: 2.26
30Y Low0.0·High6.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
PWR Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Quanta Services, Inc. trades at 115.5x earnings, 146% above its 5-year average of 47.0x, sitting at the 96th percentile of its historical range. Compared to the Industrials sector median P/E of 25.9x, the stock trades at a premium of 346%. On a free-cash-flow basis, the stock trades at 72.7x P/FCF, 69% above the 5-year average of 43.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $117.8B | $64.0B | $47.4B | $32.1B | $21.1B | $16.7B | $10.5B | $6.0B | $4.6B | $6.1B | $5.5B |
| Enterprise Value | $118.6B | $64.8B | $51.2B | $35.3B | $24.6B | $20.4B | $11.7B | $7.5B | $5.7B | $6.7B | $5.7B |
| P/E Ratio → | 115.48 | 62.07 | 52.41 | 43.16 | 42.92 | 34.33 | 23.46 | 14.91 | 15.84 | 19.55 | 27.66 |
| P/S Ratio | 4.16 | 2.26 | 2.00 | 1.54 | 1.24 | 1.28 | 0.93 | 0.50 | 0.42 | 0.65 | 0.72 |
| P/B Ratio | 13.19 | 7.09 | 6.47 | 5.11 | 3.91 | 3.26 | 2.41 | 1.48 | 1.29 | 1.62 | 1.64 |
| P/FCF | 72.70 | 39.50 | 32.11 | 28.14 | 30.06 | 85.19 | 12.23 | 22.73 | 91.48 | 48.08 | 32.71 |
| P/OCF | 52.84 | 28.71 | 22.79 | 20.38 | 18.66 | 28.62 | 9.37 | 11.41 | 12.94 | 16.50 | 14.42 |
P/E links to full P/E history page with 30-year chart
PWR EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Quanta Services, Inc.'s enterprise value stands at 47.8x EBITDA, 128% above its 5-year average of 21.0x. The Industrials sector median is 13.9x, placing the stock at a 244% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.28 | 2.16 | 1.69 | 1.44 | 1.57 | 1.05 | 0.62 | 0.51 | 0.71 | 0.75 |
| EV / EBITDA | 47.77 | 26.09 | 24.60 | 20.19 | 15.40 | 18.58 | 12.51 | 8.69 | 6.81 | 10.31 | 10.67 |
| EV / EBIT | 72.43 | 38.75 | 36.16 | 30.50 | 29.74 | 29.55 | 19.03 | 11.73 | 11.46 | 17.83 | 17.76 |
| EV / FCF | — | 39.96 | 34.64 | 30.92 | 35.12 | 104.47 | 13.71 | 28.37 | 111.73 | 52.26 | 34.19 |
PWR Profitability
Margins and return-on-capital ratios measuring operating efficiency
Quanta Services, Inc. earns an operating margin of 5.8%, roughly in line with the Industrials sector average. ROE of 12.6% is modest. ROIC of 11.8% represents solid returns on invested capital versus a sector median of 6.3%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 13.0% | 13.0% | 13.2% | 12.7% | 12.7% | 13.8% | 14.1% | 12.7% | 12.9% | 12.8% | 12.8% |
| Operating Margin | 5.8% | 5.8% | 5.6% | 5.4% | 5.6% | 5.2% | 5.7% | 4.8% | 5.2% | 4.6% | 4.4% |
| Net Profit Margin | 3.6% | 3.6% | 3.8% | 3.6% | 2.9% | 3.7% | 4.0% | 3.3% | 2.6% | 3.3% | 2.6% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 12.6% | 12.6% | 13.3% | 12.7% | 9.3% | 10.3% | 10.6% | 10.5% | 7.9% | 8.8% | 6.2% |
| ROA | 4.7% | 4.7% | 5.2% | 5.0% | 3.7% | 4.6% | 5.3% | 5.2% | 4.3% | 5.3% | 3.8% |
| ROIC | 11.8% | 11.8% | 9.8% | 9.2% | 8.0% | 7.0% | 8.5% | 8.6% | 9.8% | 8.2% | 7.1% |
| ROCE | 11.3% | 11.3% | 11.3% | 10.8% | 9.7% | 8.5% | 10.3% | 10.3% | 11.4% | 9.5% | 8.2% |
PWR Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Quanta Services, Inc. carries a Debt/EBITDA ratio of 0.5x, which is very conservative (85% below the sector average of 3.2x). Net debt stands at $748M ($1.2B total debt minus $440M cash). Interest coverage of 6.4x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.13 | 0.13 | 0.61 | 0.71 | 0.74 | 0.78 | 0.33 | 0.41 | 0.31 | 0.18 | 0.11 |
| Debt / EBITDA | 0.48 | 0.48 | 2.15 | 2.55 | 2.48 | 3.64 | 1.55 | 1.92 | 1.33 | 1.04 | 0.67 |
| Net Debt / Equity | — | 0.08 | 0.51 | 0.51 | 0.66 | 0.74 | 0.29 | 0.37 | 0.28 | 0.14 | 0.07 |
| Net Debt / EBITDA | 0.30 | 0.30 | 1.80 | 1.82 | 2.22 | 3.43 | 1.35 | 1.73 | 1.23 | 0.82 | 0.46 |
| Debt / FCF | — | 0.46 | 2.53 | 2.78 | 5.06 | 19.28 | 1.48 | 5.64 | 20.25 | 4.17 | 1.49 |
| Interest Coverage | 6.39 | 6.39 | 6.98 | 6.19 | 6.66 | 10.04 | 13.69 | 9.56 | 13.39 | 17.89 | 21.67 |
PWR Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.14x means Quanta Services, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.47x to 1.14x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.14 | 1.14 | 1.30 | 1.47 | 1.63 | 1.50 | 1.68 | 1.69 | 1.84 | 1.92 | 1.90 |
| Quick Ratio | 1.09 | 1.09 | 1.26 | 1.44 | 1.59 | 1.47 | 1.65 | 1.67 | 1.78 | 1.87 | 1.83 |
| Cash Ratio | 0.05 | 0.05 | 0.12 | 0.25 | 0.13 | 0.07 | 0.09 | 0.07 | 0.04 | 0.09 | 0.09 |
| Asset Turnover | — | 1.14 | 1.27 | 1.29 | 1.27 | 1.01 | 1.33 | 1.45 | 1.58 | 1.46 | 1.43 |
| Inventory Turnover | 66.57 | 66.57 | 78.96 | 103.80 | 144.28 | 132.20 | 190.57 | 189.77 | 90.37 | 102.07 | 75.32 |
| Days Sales Outstanding | — | 88.15 | 98.36 | 101.80 | 101.64 | 118.21 | 103.28 | 100.93 | 95.78 | 95.71 | 94.14 |
PWR Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Quanta Services, Inc. returns 0.2% to shareholders annually — split between a 0.1% dividend yield and 0.1% buyback yield. The payout ratio of 5.9% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 0.9% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.1% | 0.1% | 0.1% | 0.1% | 0.2% | 0.2% | 0.3% | 0.4% | — | — | — |
| Payout Ratio | 5.9% | 5.9% | 6.0% | 6.4% | 8.4% | 7.0% | 6.5% | 5.8% | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.9% | 1.6% | 1.9% | 2.3% | 2.3% | 2.9% | 4.3% | 6.7% | 6.3% | 5.1% | 3.6% |
| FCF Yield | 1.4% | 2.5% | 3.1% | 3.6% | 3.3% | 1.2% | 8.2% | 4.4% | 1.1% | 2.1% | 3.1% |
| Buyback Yield | 0.1% | 0.2% | 0.3% | 0.0% | 0.6% | 0.4% | 2.4% | 0.3% | 9.5% | 0.8% | 0.2% |
| Total Shareholder Yield | 0.2% | 0.3% | 0.4% | 0.1% | 0.8% | 0.6% | 2.6% | 0.7% | 9.5% | 0.8% | 0.2% |
| Shares Outstanding | — | $152M | $150M | $149M | $148M | $145M | $145M | $148M | $154M | $157M | $157M |
Peer Comparison
Compare PWR with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 PWRYou | $118B | 115.5 | 47.8 | 72.7 | 13.0% | 5.8% | 12.6% | 11.8% | 0.5 |
 EME | $42B | 33.5 | 22.6 | 35.3 | 19.6% | 9.8% | 38.4% | 46.8% | 0.5 |
 MYRG | $7B | 60.4 | 30.7 | 30.5 | 11.5% | 4.4% | 18.8% | 18.3% | 0.5 |
 WLDN | $1B | 21.7 | 17.9 | 15.8 | 37.5% | 6.5% | 19.5% | 11.5% | 1.1 |
 DY | $13B | 57.8 | 26.4 | 134.4 | 15.6% | 7.2% | 20.4% | 12.6% | 2.0 |
 PRIM | $5B | 20.2 | 12.3 | 16.1 | 10.7% | 5.5% | 17.8% | 13.6% | 2.5 |
 MTRX | $388M | -13.0 | — | 3.5 | 5.2% | -4.6% | -19.2% | -479.8% | — |
 J | $15B | 53.2 | 14.8 | 24.5 | 24.8% | 7.2% | 5.8% | 9.9% | 2.5 |
 ACM | $11B | 19.9 | 10.7 | 16.1 | 7.5% | 6.4% | 22.2% | 18.6% | 2.8 |
 KBR | $4B | 10.9 | 9.6 | 9.2 | 14.8% | 7.3% | 27.9% | 10.4% | 4.2 |
 MDU | $5B | 16.3 | 15.2 | — | 32.5% | 15.1% | 10.0% | 3.9% | 4.9 |
| Industrials Median | — | 25.9 | 13.9 | 20.6 | 32.8% | 4.9% | 8.2% | 6.3% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonPWR — Frequently Asked Questions
Quick answers to the most common questions about buying PWR stock.
What is Quanta Services, Inc.'s P/E ratio?
Quanta Services, Inc.'s current P/E ratio is 115.5x. The historical average is 33.3x. This places it at the 96th percentile of its historical range.
What is Quanta Services, Inc.'s EV/EBITDA?
Quanta Services, Inc.'s current EV/EBITDA is 47.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 12.9x.
What is Quanta Services, Inc.'s ROE?
Quanta Services, Inc.'s return on equity (ROE) is 12.6%. The historical average is 5.8%.
Is PWR stock overvalued?
Based on historical data, Quanta Services, Inc. is trading at a P/E of 115.5x. This is at the 96th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Quanta Services, Inc.'s dividend yield?
Quanta Services, Inc.'s current dividend yield is 0.05% with a payout ratio of 5.9%.
What are Quanta Services, Inc.'s profit margins?
Quanta Services, Inc. has 13.0% gross margin and 5.8% operating margin.
How much debt does Quanta Services, Inc. have?
Quanta Services, Inc.'s Debt/EBITDA ratio is 0.5x, indicating low leverage. A ratio below 2x is generally considered financially healthy.