Quanta Services, Inc. (PWR)
NYSE: PWR · Real-Time Price · USD
588.36
-31.92 (-5.15%)
At close: Jul 28, 2026, 4:00 PM EDT
591.59
+3.23 (0.55%)
After-hours: Jul 28, 2026, 6:14 PM EDT
Quanta Services Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 1,124 | 1,042 | 927.28 | 750.69 | 511.64 | 491.98 |
Depreciation & Amortization | 968.33 | 910.33 | 742.32 | 613.8 | 644.62 | 420.9 |
Stock-Based Compensation | 206.43 | 181.95 | 150.53 | 126.76 | 105.6 | 88.26 |
Other Adjustments | 181.2 | 79.8 | 14.9 | 22.08 | 98.16 | 38.94 |
Change in Receivables | -1,827 | -1,071 | -172.38 | -918.73 | -660.66 | -580.4 |
Changes in Inventories | -195.73 | -121.74 | -39.52 | 2.82 | -19.33 | - |
Changes in Unearned Revenue | 1,401 | 824.45 | 373.62 | 293.11 | 336.11 | 47.16 |
Changes in Other Operating Activities | 601.96 | 384.73 | 84.44 | 685.43 | 114.17 | 75.55 |
Operating Cash Flow | 2,379 | 2,230 | 2,081 | 1,576 | 1,130 | 582.39 |
Operating Cash Flow Growth | 14.00% | 7.15% | 32.06% | 39.43% | 94.08% | -47.81% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -696.49 | -609.15 | -604.08 | -434.8 | -427.63 | -385.85 |
Sale of Property, Plant & Equipment | 57.37 | 51.92 | 77.64 | 69.35 | 64.12 | 49.72 |
Purchases of Investments | - | -148.9 | -81.87 | -7.54 | -78.08 | -139.02 |
Proceeds from Sale of Investments | - | 17.01 | 29.24 | 42.28 | 20.64 | 29.11 |
Cash Acquisitions | -2,681 | -3,155 | -1,746 | -651.62 | -195.09 | -2,452 |
Other Investing Activities | 23.4 | 13.64 | 30.48 | -7.31 | -1.15 | -0.87 |
Investing Cash Flow | -3,532 | -3,831 | -2,294 | -989.65 | -617.19 | -2,899 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | 64,492 | 53,034 | 19,884 | 18,179 | 9,300 | 5,316 |
Short-Term Debt Repaid | -64,563 | -52,779 | -20,715 | -17,770 | -9,324 | -4,265 |
Net Short-Term Debt Issued (Repaid) | -70.3 | 255.28 | -830.81 | 408.66 | -23.37 | 1,051 |
Long-Term Debt Issued | - | 1,489 | 1,239 | - | - | 1,487 |
Long-Term Debt Repaid | - | - | -500 | - | -82.59 | - |
Net Long-Term Debt Issued (Repaid) | - | 1,489 | 738.74 | - | -82.59 | 1,487 |
Repurchase of Common Stock | -200.23 | -246.85 | -155.55 | -120.14 | -41.06 | -131.64 |
Net Common Stock Issued (Repurchased) | -200.23 | -246.85 | -155.55 | -120.14 | -41.06 | -131.64 |
Common Dividends Paid | -62.11 | -60.42 | -54.2 | -47.75 | -127.76 | -34.02 |
Other Financing Activities | -79.63 | -162.02 | -106.38 | 27.73 | -36.3 | -11.43 |
Financing Cash Flow | 974.17 | 1,275 | -305.64 | 268.5 | -311.07 | 2,361 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 25.68 | 22.83 | -30.27 | 7.03 | -0.72 | 0.43 |
Net Cash Flow | -153.4 | -303.19 | -549.03 | 861.83 | 201.33 | 45.08 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 1,682 | 1,621 | 1,477 | 1,141 | 702.68 | 196.54 |
Free Cash Flow Growth | 17.40% | 9.73% | 29.44% | 62.40% | 257.53% | -77.04% |
FCF Margin | 5.58% | 5.69% | 6.24% | 5.46% | 4.12% | 1.51% |
Free Cash Flow Per Share | 11.10 | 10.71 | 9.84 | 7.67 | 4.75 | 1.35 |
Levered Free Cash Flow | 3,114 | 4,161 | 1,370 | 2,314 | 1,033 | 3,182 |
Unlevered Free Cash Flow | 3,400 | 2,597 | 1,587 | 2,033 | 1,282 | 681.82 |