Quanta Services Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

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	176.28	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%
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	-74.74	-148.9	-81.87	-7.54	-78.08	-139.02
Proceeds from Sale of Investments	17.01	17.01	29.24	42.28	20.64	29.11
Payments for Business 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
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	-130.91	-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
Effect of Exchange Rate Changes on Cash and Cash Equivalents	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	1,682	1,621	1,477	1,141	702.68	196.54
Free Cash Flow Growth	3.78%	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	681.83

Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q