Back to rankings

Quanta Services Inc (PWR)

Fair Value
IndustrialsEngineering & ConstructionUnited States

Fundamental

65

Price

$546.43

Market Cap

$90.38B

Part 1 · What the company is worth

Overview

Quanta Services, Inc. offers infrastructure solutions for the electric and gas utility, power generation, load center, manufacturing, communications, pipeline, and energy industries. The company's Electric Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings. This segment offers aviation; emergency aerial firefighting services; emergency restoration; and other engineering and technical services; design and construction solutions to wireline and wireless communications, cable multi-system operators, technology companies, and other customers; engineering, procurement, new construction, and repair and maintenance services for renewable generation facilities; and training for electric workers, as well as training for the gas distribution and communications industries. Its Underground Utility and Infrastructure Solutions segment is involved in the transportation, distribution, storage, development, and processing of natural gas, oil, and other products, as well as owns and operates large load centers. This segment also engages in the design, engineering, procurement, construction, upgrade, and repair and maintenance services for natural gas systems; pipeline protection, integrity testing, rehabilitation, and replacement services; and catalyst replacement, high-pressure and critical-path turnaround, instrumentation and electrical, piping, fabrication, and storage tank services. The company was formerly known as Fabal Construction, Inc. and changed its name to Quanta Services, Inc. in November 1997. The company was incorporated in 1997 and is headquartered in Houston, Texas.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

No editorial profile for this company yet

No competitor list for this company yet.

Balance Sheet & Liquidity

Revenue

$32.91B

Trailing 12 months (through 6/30/2026)

Net Income

$1.33B

Trailing 12 months (through 6/30/2026)

Free Cash Flow

$1.62B

Total Equity

$8.94B

Total Liabilities

$15.90B

Current Ratio

1.10

Interest Coverage

6.92

Debt/EBITDA

2.17

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

General caseFairly Valued

Fair Value

$483.93

Current Price

$546.43

Margin of Safety

-12.9%

Fair Value Range

$314.55 - $653.30

Spread across the valuation methods used, not a statistically calibrated confidence interval.

Estimation Methods

Analyst price target:$764.56
Discounted cash flow (DCF):$264.34
Earnings multiple (P/E):$298.32
Graham growth formula:$330.34
Earnings power value (EPV):$91.24
Justified P/B:$70.30
Dividend discount (Gordon):$5.08
P/FFO, funds from operations:Not enough data to compute it
Mid-cycle earnings:$271.98
Revenue multiple:$623.18
Last Earnings Surprise:+27.22%

Valuation Metrics

P/E Ratio

62.59

ROE

11.5%

P/B Ratio

8.52

P/FCF

34.36

Gross Margin

15.5%

ROIC

9.2%

Profitability Radar

Value Creation (Economic Moat)

ROIC

9.2%

WACC

11.0%

ROIC − WACC

-1.8 pp

ROIC is below the cost of capital — the company is destroying value for every dollar invested.

Fundamental Analysis Criteria

Passed (18)

  • EPS shows upward trend
  • EPS CAGR 12.03%
  • Price CAGR 34.21%
  • ROIC 9.2%
  • Debt/equity ratio
  • Operating margin 6.2%
  • Positive free cash flow
  • Current ratio
  • Interest coverage
  • Debt/EBITDA
  • Return on tangible assets
  • ROE 14.7%
  • Revenue growth 5Y 20.5%
  • Earnings surprise, average 15.2%
  • Earnings quality (operating cash flow / net income) 2.40
  • Share dilution 0.8%
  • Net margin trend 4.0% vs 3.7%
  • Piotroski F-Score 5/9

Failed (8)

  • Gross margin 15.5%
  • P/FCF 34.36
  • P/B ratio 8.52
  • CapEx intensity
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • PEG ratio 3.98

Unavailable (1)

  • Dividend payout –

Piotroski F-Score

5/9

Mixed signals: some areas need attention

ROA > 0
Operating cash flow > 0
ΔROA > 0
Cash flow > net income
Leverage ↓
Current ratio ↑
No dilution
Gross margin ↑
Asset turnover ↑

Earnings Quality

2.40

High quality: earnings backed by cash

Share Dilution

0.8%

Share count is stable

Institutional Holdings

Governance

Executive Team

NameTitleAge
Mr. Earl C. Austin Jr.President, CEO & Director55
Ms. Jayshree S. DesaiChief Financial Officer53
Mr. Donald C. Wayne J.D.Executive VP & General Counsel58
Mr. Gerald A. Ducey Jr.President of Strategic Operations49
Mr. Karl W. StuderPresident of Electric Power43
Mr. Paul M. NobelSenior VP & Chief Accounting Officer57
Mr. Kip A. Rupp C.F.A.Vice President of Investor Relations-
Ms. Mary SizemoreSenior Vice President of Human Resources-
Mr. Scot FluhartyPresident of Underground Utilities & Industrial-
Mr. Matthew C. Compher CHST, CUSP, OHSTSenior Vice President of Operational Performance-

Audit Risk

6

Board Risk

2

Compensation Risk

1

Shareholder Rights Risk

5

Income History

via SEC EDGAR

Part 2 · The price and its context

This part shows how the price has behaved, not whether the company is worth owning. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Market Reaction Profile

How much PWR moves, measured on its daily prices.

VolatilityMedium

More volatile than 74% of the tracked stocks (90-day volatility).

Volatility 30d
43.5%
Volatility 90d
49.6%
Beta vs S&P 500 (1y)
1.73Correlation 0.48
Max drawdown (12m)
-30.4%
ATR (14d, % of price)
5.25%

Earnings reactions

How PWR moved around its past quarterly results.

Next earnings release

Oct 29, 2026 · In 5 days · Before the open

EPS estimate: 4.99Revenue estimate: $10.9B

What usually happens

  • Over the last 12 releases the stock moved a median of 5.3% the next day, up or down.
  • Next-day moves: up 7, down 5 (out of 12).
  • Of the 4 releases that beat estimates, the stock fell the next day after 0.

Release history

DateWhen EPS est.EPS actualSurprise Gap 1 day5 days
Jul 30, 2026Before the open3.334.24+27.2% +15.3% +17.3% +21.7%
Apr 30, 2026Before the open2.082.68+28.7% +11.3% +15.8% +24.9%
Feb 19, 2026Before the open3.053.16+3.5% +4.9% +6.7% +8.4%
Oct 30, 2025Before the open3.293.33+1.2% -1.8% +1.1% +1.1%
Jul 31, 2025Before the openn/an/an/a-1.2% -1.2% -5.7%
May 1, 2025Before the openn/an/an/a+9.4% +10.0% +10.6%
Feb 20, 2025Before the openn/an/an/a+5.3% -3.7% -8.0%
Oct 31, 2024Before the openn/an/an/a-4.0% -3.2% -0.3%
Aug 1, 2024Before the openn/an/an/a-1.6% -4.0% -6.4%
May 2, 2024Before the openn/an/an/a-4.3% -0.4% +3.5%
Feb 22, 2024Before the openn/an/an/a+5.2% +10.3% +13.0%
Nov 2, 2023Before the openn/an/an/a+6.5% +9.7% +6.4%

Release dates from SEC 8-K filings.

Updated 10/24/2026

Historical statistics for educational purposes only. They are not forecasts and not investment advice.

Price reaction to the news

Latest news on PWR and what the price did next.

Return of the stock minus return of SPY over the same days. A news item close to a price move did not necessarily cause it. Historical data for educational purposes only, not investment advice.

Latest News

Recent headlines for PWR.

  • 6/8/2026POSITIVE
    If You Invested $1000 In Quanta Services Stock 20 Years Ago, You Would Have This Much Today

    An investment of $1000 in Quanta Services (PWR) stock 20 years ago would have yielded a substantial return, growing to approximately $16,500 today. This represents an impressive compound annual growth rate (CAGR) of around 15.5%. The company, a leading provider of infrastructure solutions for the electric power, pipeline, and industrial sectors, has demonstrated consistent long-term value creation. Investors who held PWR through its growth phases have benefited from its strategic expansions and strong execution in a critical infrastructure market.

  • 3/27/2026POSITIVE
    $100 Invested In Quanta Services 10 Years Ago Would Be Worth This Much Today

    An investment of $100 in Quanta Services Inc. (PWR) made ten years ago would have grown significantly, highlighting the company's robust long-term performance. While specific figures are not provided in the title, this implies substantial capital appreciation for shareholders. Quanta Services, a leading provider of infrastructure solutions, has likely benefited from increased spending on energy and communications networks. Investors tracking infrastructure plays should note this historical performance as an indicator of potential future returns, suggesting strong operational execution and market positioning.