Last 48 quarters of trend data · Industrials · Engineering & Construction
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Quanta Services, Inc.'s quarterly P/E stands at 94.7x, up 43.0% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 160.3% YoY to 61.3x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 110.40 | 94.66 | 50.73 | 46.25 | 62.18 | 66.19 | 38.92 | 38.22 | 50.41 | 82.22 | 37.99 | 25.56 | 43.85 |
| — | +43.0% | +30.3% | +21.0% | +23.3% | -19.5% | +2.4% | +49.6% | +15.0% | +26.3% | +17.3% | -14.9% | -17.4% | |
| P/S Ratio | 3.97 | 2.65 | 2.04 | 2.09 | 2.11 | 1.54 | 1.82 | 1.73 | 1.70 | 1.93 | 1.39 | 1.24 | 1.45 |
| — | +72.2% | +12.4% | +21.0% | +23.8% | -20.2% | +30.7% | +39.6% | +17.5% | +37.9% | +16.7% | +17.4% | +31.9% | |
| P/B Ratio | 12.61 | 9.13 | 7.09 | 7.47 | 7.25 | 5.14 | 6.49 | 6.33 | 5.78 | 6.09 | 5.11 | 4.64 | 5.10 |
| — | +77.8% | +9.2% | +18.0% | +25.4% | -15.7% | +27.0% | +36.4% | +13.4% | +35.8% | +31.3% | +28.4% | +41.1% | |
| P/FCF | 69.50 | 121.61 | 17.14 | 37.28 | 91.83 | 86.86 | 21.06 | 21.28 | 41.40 | 62.66 | 8.98 | 26.78 | 341.69 |
| — | +40.0% | -18.6% | +75.2% | +121.8% | +38.6% | +134.4% | -20.5% | -87.9% | — | -15.9% | +35.1% | — | |
| EV / EBITDA | 45.68 | 61.34 | 26.54 | 20.84 | 25.58 | 23.56 | 19.49 | 19.61 | 21.92 | 32.72 | 17.86 | 14.54 | 19.80 |
| — | +160.3% | +36.2% | +6.3% | +16.7% | -28.0% | +9.1% | +34.9% | +10.7% | +29.4% | +17.1% | +16.2% | +36.7% | |
| EV / EBIT | 69.27 | 63.90 | 31.40 | 31.91 | 40.76 | 43.80 | 27.15 | 27.83 | 33.10 | 56.14 | 26.04 | 19.93 | 29.37 |
| — | +45.9% | +15.6% | +14.7% | +23.2% | -22.0% | +4.3% | +39.6% | +12.7% | +5.0% | +20.0% | -7.9% | -13.5% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Quanta Services, Inc.'s operating margin was 4.2% in Q1 2026, down 1.9 pp QoQ and up 0.3 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 5.8% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin expanded 21.0% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 13.0% | 14.1% | 12.6% | 14.5% | 13.2% | 11.6% | 14.5% | 13.9% | 13.1% | 10.9% | 12.4% | 13.8% | 13.0% |
| — | +21.0% | -13.1% | +4.5% | +0.9% | +7.1% | +16.6% | +0.6% | +1.0% | -4.0% | -9.4% | -1.0% | +6.1% | |
| Operating Margin | 5.8% | 4.2% | 6.2% | 6.9% | 5.8% | 3.9% | 6.8% | 6.6% | 5.5% | 3.1% | 5.8% | 7.0% | 5.4% |
| — | +8.3% | -9.1% | +5.0% | +4.5% | +25.9% | +17.9% | -6.3% | +2.7% | +1.9% | -4.7% | -0.6% | +9.6% | |
| Net Margin | 3.6% | 2.9% | 4.0% | 4.5% | 3.4% | 2.3% | 4.7% | 4.5% | 3.4% | 2.4% | 3.6% | 4.9% | 3.3% |
| — | +27.0% | -13.6% | +0.2% | +0.6% | -1.6% | +27.7% | -7.0% | +2.4% | +9.6% | -0.9% | +38.8% | +58.0% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 12.6% | 2.5% | 3.6% | 4.2% | 3.0% | 1.9% | 4.2% | 4.3% | 2.9% | 1.9% | 3.4% | 4.7% | 2.9% |
| — | +30.7% | -14.5% | -2.7% | +2.8% | +4.2% | +23.2% | -7.8% | -1.5% | +7.5% | +12.0% | +54.3% | +72.2% | |
| ROA | 4.7% | 0.9% | 1.3% | 1.6% | 1.2% | 0.8% | 1.6% | 1.7% | 1.2% | 0.7% | 1.3% | 1.8% | 1.2% |
| — | +19.7% | -18.5% | -5.5% | -1.7% | +2.4% | +21.1% | -7.6% | +3.7% | +7.8% | +10.5% | +54.0% | +70.7% | |
| ROIC | 11.8% | 2.5% | 3.1% | 3.0% | 2.4% | 1.6% | 3.0% | 3.0% | 2.3% | 1.2% | 2.6% | 3.0% | 2.1% |
| — | +58.3% | +3.3% | -2.0% | +3.2% | +32.2% | +15.7% | +1.1% | +12.9% | +11.7% | +16.4% | +15.5% | +21.0% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Quanta Services, Inc.'s Debt/EBITDA ratio is 3.3x, up from 1.9x last quarter — at a moderate level that warrants monitoring. The current ratio has weakened 13.2% YoY to 1.14x, tightening the short-term liquidity position. Debt/Equity has declined for 3 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.13 | 0.12 | 0.13 | 0.72 | 0.65 | 0.64 | 0.61 | 0.71 | 0.58 | 0.63 | 0.71 | 0.71 | 0.79 |
| — | -80.8% | -78.5% | +1.4% | +11.9% | +1.0% | -14.0% | -0.3% | -26.4% | -20.7% | -3.5% | -11.5% | -2.1% | |
| Debt / EBITDA | 0.48 | 3.26 | 1.95 | 7.36 | 8.48 | 10.50 | 6.80 | 7.99 | 8.09 | 12.40 | 9.03 | 7.77 | 10.72 |
| — | -69.0% | -71.4% | -8.0% | +4.7% | -15.3% | -24.7% | +2.8% | -24.5% | -19.0% | -8.5% | -15.1% | +0.9% | |
| Current Ratio | 1.14 | 1.14 | 1.14 | 1.34 | 1.37 | 1.31 | 1.30 | 1.23 | 1.30 | 1.36 | 1.47 | 1.61 | 1.68 |
| — | -13.2% | -12.8% | +9.0% | +5.6% | -4.0% | -11.6% | -23.3% | -22.9% | -16.2% | -9.4% | +0.5% | +7.7% | |
| Quick Ratio | 1.09 | 1.09 | 1.09 | 1.30 | 1.32 | 1.26 | 1.26 | 1.19 | 1.25 | 1.32 | 1.44 | 1.57 | 1.64 |
| — | -14.0% | -13.1% | +8.9% | +5.5% | -4.0% | -12.5% | -24.0% | -23.6% | -16.6% | -9.8% | -0.1% | +7.1% | |
| Interest Coverage | 6.39 | 4.50 | 6.81 | 7.44 | 6.35 | 4.48 | 8.39 | 7.36 | 6.89 | 4.58 | 6.85 | 8.39 | 5.90 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quanta Services, Inc.'s current P/E is 110.4x. The average P/E over the last 4 quarters is 63.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Quanta Services, Inc.'s current operating margin is 5.8%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Quanta Services, Inc.'s business trajectory between earnings reports.