PWR

Quanta ServicesNYSE · Construction & Engineering · Industrials

Previous close

620.73

Change

−14.45 / −2.27%

FinDog View

Bullish

52-Week Range ?

408.36 – 788.75

P/E (TTM) ?

72.1

Forward P/E ?

34.2

Based on consensus earnings for the next 12 months

Market Cap

$93.5B

−3.39%

S&P 500 −0.91% over same period

Volume / Avg Volume

1.5M / 1.6M

0.93× average

Latest earnings analysisFY2026 Q2Reported 2026-07-30

Quanta Services Q2 FY26: revenue up 41.1%, guidance raised to $39.5B

Quanta's second quarter was a blowout: revenue of $9.56 billion rose 41.1% and adjusted EPS of $4.24 beat the $3.33 consensus by $0.91, prompting management to lift full-year revenue guidance to a $39.5 billion midpoint. The one wrinkle: GAAP EPS of $2.96 came in $0.37 below consensus. Read the view as Bullish, with the second-half step-up as the thing to watch.

Read the full analysis →

Revenue$9.56BYoY +41.10%

EPS (non-GAAP)$4.24Beatest. $3.33

Next-quarter revenue guidance$39.50B ±0.5%YoY +313.30%

Next-day move+1.43%

Price History

Closing price · USD1M 6M 1Y 5Y

Historical P/E

Close ÷ trailing four-quarter EPS · Period median 63.51M 6M 1Y 5Y

Recent Earnings

Click to read the FinDog analysis

Period	Reported	Revenue	EPS Actual / Est.	Next-Day Move	Analysis
FY2026 Q2 Quarter ended 2026-06	2026-07-30	$9.6B	4.24 / 3.33	+1.43%	Read analysis →
FY2026 Q1 Quarter ended 2026-03	2026-04-30	$7.9B	2.68 / 2.08	+1.98%	Pending
FY2025 Q4 Quarter ended 2025-12	2026-02-19	$28.5B	3.16 / 3.05	−0.24%	Pending
FY2025 Q3 Quarter ended 2025-09	2025-10-30	$7.6B	3.33 / 3.29	−1.04%	Pending
FY2025 Q2 Quarter ended 2025-06	2025-07-31	$6.8B	2.48 / —	−2.70%	Pending
FY2025 Q1 Quarter ended 2025-03	2025-05-01	$6.2B	1.78 / —	−0.25%	Pending

Next Earnings

Date and consensus from the earnings calendar; the analysis is generated automatically after the releaseEarnings Calendar →

Report date

2027-02-17

in 108 days · After hours

Consensus EPS

$4.87

Last quarter EPS $4.24

Avg. next-day move over the last 6 reports

±1.3%

Decision Panel

Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market data

Valuation

P/E is at percentile 70 of its 5-year rangeExpensive

5-year range 42.7 – 94.4 · Median 62.0

Last 4 quarters: $0 in buybacks + $65.9M in dividends, 0.07% of market cap combined

P/E (TTM)

72.1

P/B

9.9

P/S

2.9

Dividend Yield

0.18%

Earnings Reaction

Over the last 6 reports, the stock moved ±1.3% on average on the first trading day after, rising 2 times

Most recent +1.43%

Volatility & Correlation

1-year beta 1.71 · Correlation with S&P 500 0.48High beta

Annualized volatility 46% vs. 13% for the S&P 500

Insider Trading

View all →

Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions

No open-market buys or sells by officers or directors in the last 90 days.

Multi-Quarter Financial Trends

View all quarters →

Last 12 quarters · As reported by the company

Quarter	Revenue ($B)	YoY	Gross Margin	Operating Income ($B)	Net Income ($B)	Free Cash Flow ($B)	EPS
FY2026 Q3	12.01	+57.4%	16.7%	1.03	0.69	1.19	4.55
FY2026 Q2	9.56	+41.1%	16.2%	0.69	0.45	0.86	2.96
FY2026 Q1	7.87	+26.3%	14.1%	0.34	0.22	0.17	1.45
FY2025 Q4	7.84	+19.7%	15.5%	0.48	0.33	0.93	2.08
FY2025 Q3	7.63	+17.5%	15.9%	0.52	0.34	0.42	2.24
FY2025 Q2	6.77	+21.1%	14.9%	0.37	0.23	0.16	1.52
FY2025 Q1	6.23	+23.9%	13.4%	0.24	0.14	0.11	0.96
FY2024 Q4	6.55	+13.3%	—	0.45	—	0.57	—
FY2024 Q3	6.49	+15.5%	15.6%	0.43	0.29	0.53	1.95
FY2024 Q2	5.59	+10.8%	14.5%	0.31	0.19	0.23	1.26
FY2024 Q1	5.03	+13.6%	12.4%	0.16	0.12	0.15	0.79
FY2023 Q4	5.78	+31.0%	—	0.32	—	0.89	—

Peers

Largest by market cap in the sector · Latest quarterView Industrials sector →

Ticker	Company	Market Cap	P/E	Revenue YoY	Gross Margin	1M	View
PWR	Quanta Services	$93.5B	72.1	+57.4%	16.7%	−3.39%	Bullish
SPCX	SpaceX	$1.85T	—	+161.4%	62.4%	−10.70%	Bullish	Compare
CAT	Caterpillar Inc.	$288B	26.8	+24.0%	37.8%	−23.19%	Bullish	Compare
GE	GE Aerospace	$313B	35.1	+15.9%	—	−3.36%	Bullish	Compare
RTX	RTX Corporation	$271B	32.0	+11.1%	—	+7.62%	Bullish	Compare
GEV	GE Vernova	$227B	22.8	+26.8%	24.6%	−9.74%	Bullish	Compare
UNP	Union Pacific Corporation	$181B	23.6	+15.3%	—	+11.71%	Bullish	Compare
DE	Deere & Company	$182B	36.7	+4.9%	—	+0.59%	Bullish	Compare
ETN	Eaton Corporation	$144B	38.6	+21.4%	33.5%	−13.90%	Bullish	Compare

The View in One Line

Revenue +41.1%, gross margin up to 16.2%, free cash flow jumped from $155M to $864M, guidance raised to $39.5B, backlog $53.4B; improvements already in results.

Updated 2026-10-30

View History

09-17Neutral → Bullish
Q2 revenue $9.56B +41.1%, gross margin up to 16.2%, FCF jumped from $155M to $864M, FY guidance raised to $39.5B, backlog $53.4B. Margin and cash flow improved.

ETFs holding it

XLI Industrial Select Sector SPDR Fund1.75%
MTUM iShares MSCI USA Momentum Factor ETF0.85%
SCHG Schwab U.S. Large-Cap Growth ETF0.37%
VUG Vanguard Growth ETF0.27%
RSP Invesco S&P 500 Equal Weight ETF0.18%
SPY SPDR S&P 500 ETF Trust0.14%
VOO Vanguard S&P 500 ETF0.14%
IVV iShares Core S&P 500 ETF0.14%

Weights estimated at latest prices

Key Events

09-15Management Change
Quanta Services Adds Ellen Rubin as Director
On September 9, 2026, Quanta Services expanded its board to 11 members and elected Ellen Rubin as a director, joining the audit committee and the safety, operations and risk committee.Source ↗
08-06Capital Actions
Quanta Services Issues $2 Billion of Senior Notes in Three Tranches
On August 6, 2026, Quanta Services issued $500 million due 2029, $750 million due 2033 and $750 million due 2036 of senior notes, totaling $2 billion.Source ↗
08-04Capital Actions
Quanta Services Issues $2 Billion in Senior Notes
On August 3, Quanta Services entered into an underwriting agreement to issue three tranches of senior notes due 2029, 2033 and 2036 with an aggregate principal amount of $2 billion, expected to close on August 6.Source ↗
05-27Governance
Quanta Services Annual Meeting Elects Directors and Approves $1 Billion Buyback
On May 21, 2026, Quanta Services shareholders elected 10 directors, approved executive compensation and the reappointment of PwC, and authorized up to $1 billion in stock repurchases.Source ↗
04-16Management Change
Quanta Services Grants Long-Term Performance Stock Units to Four Executives
On April 10, 2026, Quanta Services granted performance stock units to Austin, Desai, Studer, and Ducey, with target share counts of up to 17,759 shares and a five-year performance period through the end of 2030.Source ↗

Key Financial Trends

Quarterly Revenue ($B)12.0

Gross Margin16.7%

Free Cash Flow ($B)1.2