Quanta Services, Inc. (PWR)

Quanta Services Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	22,903	20,882	17,074	12,980	11,203	12,112
Revenue Growth (YoY)	17.36%	22.30%	31.54%	15.87%	-7.51%	8.42%
Cost of Revenue	19,663	17,945	14,545	11,027	9,542	10,512
Gross Profit	3,240	2,937	2,529	1,953	1,661	1,600
Selling, General & Admin	1,718	1,555	1,337	1,156	975.07	955.99
Operating Expenses	2,061	1,844	1,691	1,321	1,052	1,018
Operating Income	1,179	1,093	838.47	631.94	609.07	582.17
Interest Expense	-195.84	-186.91	-124.36	-68.9	-45.01	-66.89
Interest & Investment Income	24.69	10.83	2.61	3.19	2.45	0.93
Earnings From Equity Investments	47.4	42.87	72.8	44.06	11.3	-
Currency Exchange Gain (Loss)	-2.6	-2.6	0.7	-	-	-
Other Non Operating Income (Expenses)	39.56	17.9	1.83	25.09	11.85	70.38
EBT Excluding Unusual Items	1,092	975.03	792.04	635.38	589.66	586.58
Merger & Restructuring Charges	-	-	-	-	-	-10.2
Gain (Loss) on Sale of Investments	1.5	1.5	-69.28	-	-9.31	13
Asset Writedown	-	-	-14.46	-5.74	-8.28	-3.69
Other Unusual Items	-8.63	-6.57	-4.42	-6.73	-0.72	-13.4
Pretax Income	1,085	969.96	703.89	622.9	571.35	572.29
Income Tax Expense	254.52	219.27	192.24	130.92	119.39	165.47
Earnings From Continuing Operations	830.61	750.69	511.64	491.98	451.96	406.82
Net Income to Company	830.61	750.69	511.64	491.98	451.96	406.82
Minority Interest in Earnings	-19.99	-6	-20.45	-6.03	-6.36	-4.77
Net Income	810.61	744.69	491.19	485.96	445.6	402.04
Net Income to Common	810.61	744.69	491.19	485.96	445.6	402.04
Net Income Growth	16.41%	51.61%	1.08%	9.06%	10.83%	37.05%
Shares Outstanding (Basic)	146	145	143	141	141	146
Shares Outstanding (Diluted)	150	149	148	145	145	148
Shares Change (YoY)	0.82%	0.56%	1.80%	0.09%	-1.55%	-4.34%
EPS (Basic)	5.54	5.13	3.42	3.45	3.15	2.76
EPS (Diluted)	5.41	5.00	3.32	3.34	3.07	2.73
EPS Growth	15.31%	50.60%	-0.60%	8.79%	12.45%	43.68%
Free Cash Flow	1,806	1,141	702.68	196.54	855.93	264.79
Free Cash Flow Per Share	12.07	7.67	4.75	1.35	5.89	1.79
Dividend Per Share	0.360	0.330	0.290	0.250	0.210	0.170
Dividend Growth	12.50%	13.79%	16.00%	19.05%	23.53%	325.00%
Gross Margin	14.15%	14.06%	14.81%	15.05%	14.83%	13.21%
Operating Margin	5.15%	5.23%	4.91%	4.87%	5.44%	4.81%
Profit Margin	3.54%	3.57%	2.88%	3.74%	3.98%	3.32%
Free Cash Flow Margin	7.89%	5.46%	4.12%	1.51%	7.64%	2.19%
EBITDA	1,869	1,707	1,483	1,053	911.03	862.37
EBITDA Margin	8.16%	8.17%	8.69%	8.11%	8.13%	7.12%
D&A For EBITDA	689.94	613.8	644.62	420.9	301.96	280.2
EBIT	1,179	1,093	838.47	631.94	609.07	582.17
EBIT Margin	5.15%	5.23%	4.91%	4.87%	5.44%	4.81%
Effective Tax Rate	23.45%	22.61%	27.31%	21.02%	20.90%	28.91%

Source: S&P Capital IQ. Standard template. Financial Sources.