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Quanta Services, Inc.. (PWR) Stock Fundamental Analysis & AI Rating 2026

PWR NYSE Electrical Work DE CIK: 0001050915
Updated This Month • Analysis: Mar 19, 2026 • SEC Data: 2025-12-31
Combined AI Rating
BUY
78% Confidence
STRONG AGREEMENT
BUY
78% Conf
BUY
79% Conf

📊 PWR Key Takeaways

Revenue: $28.5B
Net Margin: 3.6%
Free Cash Flow: $1.6B
Current Ratio: 1.14x
Debt/Equity: 0.59x
EPS: $6.80
AI Rating: BUY with 78% confidence
Quanta Services, Inc.. (PWR) receives a BUY rating with 78% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $28.5B, net profit margin of 3.6%, and return on equity (ROE) of 11.5%, Quanta Services, Inc.. demonstrates strong fundamentals in the Utilities sector. Below is our complete PWR stock analysis for 2026.

Is Quanta Services, Inc.. (PWR) a Good Investment?

Claude

Quanta Services demonstrates strong fundamental growth with 20.3% revenue expansion and robust cash generation ($1.6B FCF), supported by excellent operational efficiency and balance sheet strength. However, thin margins (3.6% net margin) and moderate profitability ratios (11.5% ROE, 4.1% ROA) suggest limited earnings leverage relative to revenue growth, indicating this is a volume-dependent business in a capital-intensive sector.

ChatGPT

Quanta Services shows strong fundamental momentum with 20.3% revenue growth, solid free cash flow generation, and very strong interest coverage, indicating that growth is being supported by healthy operating execution rather than financial strain. Profitability remains relatively thin for the scale of the business and net income was flat year over year, but the balance sheet, cash generation, and EPS growth support a favorable fundamental view.

Why Buy Quanta Services, Inc.. Stock? PWR Key Strengths

Claude
  • + Strong revenue growth of 20.3% YoY indicating robust market demand in electrical infrastructure
  • + Excellent free cash flow generation ($1.6B) with healthy 5.7% FCF margin demonstrating cash conversion quality
  • + Solid balance sheet with conservative 0.59x debt-to-equity and exceptional 39.2x interest coverage ratio
  • + Healthy current and quick ratios (1.14x and 1.09x) indicating adequate short-term liquidity
  • + Flat net income growth despite 20.3% revenue growth suggests operational improvements offsetting cost pressures
ChatGPT
  • + Revenue growth is strong at 20.3% year over year, showing sustained demand and execution
  • + Free cash flow of $1.62B and operating cash flow of $2.23B indicate good cash conversion and funding flexibility
  • + Leverage appears manageable with 0.59x debt-to-equity and 39.2x interest coverage

PWR Stock Risks: Quanta Services, Inc.. Investment Risks

Claude
  • ! Compressed profitability margins (3.6% net margin, 5.7% operating margin) are thin for a services company and vulnerable to cost inflation or pricing pressure
  • ! Modest return metrics (11.5% ROE, 4.1% ROA) suggest capital is not generating exceptional returns relative to book value and asset base
  • ! Significant insider activity (18 Form 4 filings in 90 days) warrants monitoring for potential insider concerns
  • ! Capital-intensive business model with $609M CapEx annually limits financial flexibility
  • ! Divergence between strong revenue growth and flat earnings growth indicates margin compression or operational headwinds
ChatGPT
  • ! Net income was flat year over year, which may indicate margin pressure or higher non-operating costs
  • ! Margins are relatively thin with a 5.7% operating margin and 3.6% net margin, leaving limited room for execution missteps
  • ! Liquidity is adequate but not especially strong, with a 1.14x current ratio and modest cash balance relative to total liabilities

Key Metrics to Watch

Claude
  • * Net margin and operating margin trends - critical to confirm earnings growth can accelerate with revenue
  • * Return on equity trajectory - monitor if capital deployment improvements drive better returns
  • * Operating cash flow sustainability - ensure free cash flow generation persists as business scales
  • * Debt levels and leverage ratios - track if growth is funded prudently without excessive leverage
  • * Gross margin stability - indicate pricing power and cost management in a competitive market
ChatGPT
  • * Operating and net margin trend
  • * Free cash flow conversion versus net income

Quanta Services, Inc.. (PWR) Financial Metrics & Key Ratios

Revenue
$28.5B
Net Income
$1.0B
EPS (Diluted)
$6.80
Free Cash Flow
$1.6B
Total Assets
$24.9B
Cash Position
$439.5M

💡 AI Analyst Insight

Quanta Services, Inc.. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

PWR Profit Margin, ROE & Profitability Analysis

Gross Margin 15.0%
Operating Margin 5.7%
Net Margin 3.6%
ROE 11.5%
ROA 4.1%
FCF Margin 5.7%

PWR vs Utilities Sector: How Quanta Services, Inc.. Compares

How Quanta Services, Inc.. compares to Utilities sector averages

Net Margin
PWR 3.6%
vs
Sector Avg 12.0%
PWR Sector
ROE
PWR 11.5%
vs
Sector Avg 10.0%
PWR Sector
Current Ratio
PWR 1.1x
vs
Sector Avg 0.8x
PWR Sector
Debt/Equity
PWR 0.6x
vs
Sector Avg 1.4x
PWR Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Quanta Services, Inc.. Stock Overvalued? PWR Valuation Analysis 2026

Based on fundamental analysis, Quanta Services, Inc.. has mixed fundamental signals relative to the Utilities sector in 2026.

Return on Equity
11.5%
Sector avg: 10%
Net Profit Margin
3.6%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.59x
Sector avg: 1.4x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Quanta Services, Inc.. Balance Sheet: PWR Debt, Cash & Liquidity

Current Ratio
1.14x
Quick Ratio
1.09x
Debt/Equity
0.59x
Debt/Assets
63.8%
Interest Coverage
39.24x
Long-term Debt
$5.2B

PWR Revenue & Earnings Growth: 5-Year Financial Trend

PWR 5-year financial data: Year 2021: Revenue $13.0B, Net Income $402.0M, EPS $2.73. Year 2022: Revenue $17.1B, Net Income $445.6M, EPS $3.07. Year 2023: Revenue $20.9B, Net Income $486.0M, EPS $3.34. Year 2024: Revenue $23.7B, Net Income $491.2M, EPS $3.32. Year 2025: Revenue $28.5B, Net Income $744.7M, EPS $5.00.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Quanta Services, Inc..'s revenue has grown significantly by 119% over the 5-year period, indicating strong business expansion. The most recent EPS of $5.00 reflects profitable operations.

PWR Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
5.7%
Free cash flow / Revenue

PWR Quarterly Earnings & Performance

Quarterly financial performance data for Quanta Services, Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $6.5B $293.2M $1.95
Q2 2025 $5.6B $188.2M $1.26
Q1 2025 $5.0B $118.4M $0.79
Q3 2024 $5.6B $272.8M $1.83
Q2 2024 $5.0B $165.9M $1.12
Q1 2024 $4.4B $95.0M $0.64
Q3 2023 $4.5B $156.0M $1.06
Q2 2023 $4.2B $88.0M $0.59

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Quanta Services, Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$2.2B
Cash generated from operations
Stock Buybacks
$134.6M
Shares repurchased (TTM)
Capital Expenditures
$609.2M
Investment in assets
Dividends Paid
$60.4M
Returned to shareholders

PWR SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Quanta Services, Inc.. (CIK: 0001050915)

📋 Recent SEC Filings

Date Form Document Action
Apr 10, 2026 DEF 14A d118470ddef14a.htm View →
Mar 11, 2026 4 xslF345X05/wk-form4_1773268175.xml View →
Mar 11, 2026 4 xslF345X05/wk-form4_1773268150.xml View →
Mar 11, 2026 4 xslF345X05/wk-form4_1773268120.xml View →
Mar 11, 2026 4 xslF345X05/wk-form4_1773268087.xml View →

Frequently Asked Questions about PWR

What is the AI rating for PWR?

Quanta Services, Inc.. (PWR) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 78% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are PWR's key strengths?

Claude: Strong revenue growth of 20.3% YoY indicating robust market demand in electrical infrastructure. Excellent free cash flow generation ($1.6B) with healthy 5.7% FCF margin demonstrating cash conversion quality. ChatGPT: Revenue growth is strong at 20.3% year over year, showing sustained demand and execution. Free cash flow of $1.62B and operating cash flow of $2.23B indicate good cash conversion and funding flexibility.

What are the risks of investing in PWR?

Claude: Compressed profitability margins (3.6% net margin, 5.7% operating margin) are thin for a services company and vulnerable to cost inflation or pricing pressure. Modest return metrics (11.5% ROE, 4.1% ROA) suggest capital is not generating exceptional returns relative to book value and asset base. ChatGPT: Net income was flat year over year, which may indicate margin pressure or higher non-operating costs. Margins are relatively thin with a 5.7% operating margin and 3.6% net margin, leaving limited room for execution missteps.

What is PWR's revenue and growth?

Quanta Services, Inc.. reported revenue of $28.5B.

Does PWR pay dividends?

Quanta Services, Inc.. pays dividends, with $60.4M distributed to shareholders in the trailing twelve months.

Where can I find PWR SEC filings?

Official SEC filings for Quanta Services, Inc.. (CIK: 0001050915) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PWR's EPS?

Quanta Services, Inc.. has a diluted EPS of $6.80.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is PWR a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Quanta Services, Inc.. has a BUY rating with 78% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is PWR stock overvalued or undervalued?

Valuation metrics for PWR: ROE of 11.5% (sector avg: 10%), net margin of 3.6% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.

Should I buy PWR stock in 2026?

Our dual AI analysis gives Quanta Services, Inc.. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is PWR's free cash flow?

Quanta Services, Inc..'s operating cash flow is $2.2B, with capital expenditures of $609.2M. FCF margin is 5.7%.

How does PWR compare to other Utilities stocks?

Vs Utilities sector averages: Net margin 3.6% (avg: 12%), ROE 11.5% (avg: 10%), current ratio 1.14 (avg: 0.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 19, 2026 | Data as of: 2025-12-31 | Powered by Claude AI