Quanta Services (PWR)
NYSEIndustrialsEngineering & ConstructionSnapshot 2026-11-05
NYSEIndustrialsEngineering & ConstructionSnapshot 2026-11-05
QuarterlyIQ Insights · PWR
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within industrials on a research-validated quality screen. As of 2026-11-05.
The screen ranks PWR against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated strong grew net income 68% of the time over the next year (vs 52% for the rest of the cohort, n=6978).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
With demand for our services broadening across utility, power generation, industrial and technology customers, we are pacing ahead of the multi-year growth targets we outlined at our 2026 Investor Da…
Stated in 5 of 8 supplied quarters. Management reported: “With demand for our services broadening across utility, power generation, industrial and technology customers, we are pacing ahead of the multi-year growth targets we outlined at our 2026 Investor Day, and our conviction in Quanta’s ability to compound profitable growth over the long term continues to strengthen.” “For the full year ending December 31, 2026, Quanta now expects revenues to range between $41.3 billion and $41.6 billion and net income attributable to common stock to range between $1.92 billion and $1.98 billion.” Revenue was $12.015 billion in 2026-Q3.
“With demand for our services broadening across utility, power generation, industrial and technology customers, we are pacing ahead of the multi-year growth targets we outlined at our 2026 Investor Da…”
“-MORE- “At our Investor Day last month, we outlined a clear path to more than doubling our adjusted EPS by 2030, driven by our Compounding Model and our unique positioning at the center of converging…”
““As we noted last quarter, we are well positioned to achieve record backlog and another year of double-digit earnings per share growth in 2026, and our full-year guidance reflects that confidence.”
“-MORE- “We believe we are well positioned to achieve record backlog and another year of double-digit earnings per share growth in 2026.”
“Looking ahead, we expect another year of strong performance in 2025, including double-digit growth in revenue, adjusted EBITDA and earnings per share, as well as the ability to achieve record backlog.”
Additionally, for the full year ending December 31, 2026, Quanta now expects net cash provided by operating activities to range between $3.45 billion and $4.00 billion and free cash flow (a non-GAAP…
Stated in 4 of 8 supplied quarters. Management reported: “Additionally, for the full year ending December 31, 2026, Quanta now expects net cash provided by operating activities to range between $3.45 billion and $4.00 billion and free cash flow (a non-GAAP financial measure) to range between $2.50 billion and $3.00 billion.” “Additionally, for the full year ending December 31, 2026, Quanta expects net cash provided by operating activities to range between $2.30 billion and $2.85 billion and free cash flow (a non-GAAP financial measure) to range between $1.55 billion and $2.05 billion.”
With demand for our services broadening across utility, power generation, industrial and technology customers, we are pacing ahead of the multi-year growth targets we outlined at our 2026 Investor Da…
Stated in 3 of 8 supplied quarters. Management reported: ““To that end, today we announce the expansion of our total solutions platform, which leverages Quanta’s world-class capabilities to address growing power generation and infrastructure needs from rapidly increasing demand for electricity driven by data centers, manufacturing and reshoring, industrialization, electrification and power grid expansion.” “This expanded platform is focused on providing a fully integrated power generation and related infrastructure solution to high-quality customers for their generation development strategies.”
-MORE- “The breadth of our portfolio, combined with the fungibility of our skilled workforce across multiple end markets, provides a significant competitive advantage.
Stated in 3 of 8 supplied quarters. Management reported: “-MORE- “The breadth of our portfolio, combined with the fungibility of our skilled workforce across multiple end markets, provides a significant competitive advantage.” “The accelerating convergence of these markets continues to create significant opportunities, and Quanta’s craft-labor platform, integrated solutions and supply chain investments position us as the trusted partner our customers turn to when certainty matters most.”
Pursue sustained revenue and earnings growth, with backlog supporting the business outlook.
Over the trailing year it converted 2.68x of net income into operating cash flow. Historically, Industrials names rated robust grew net income 59% of the time over the next year (vs 55% for the rest of the cohort, n=5006).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, Fed net liquidity, long-term interest rates, real (inflation-adjusted) rates (low R² over the window).
13 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Industrials names rated neutral grew net income 59% of the time over the next year (vs 56% for the rest of the cohort, n=8936).
Not investment advice. As of 2026-11-05.
“Additionally, for the full year ending December 31, 2026, Quanta now expects net cash provided by operating activities to range between $3.45 billion and $4.00 billion and free cash flow (a non-GAAP…”
“Additionally, for the full year ending December 31, 2026, Quanta continues to expect net cash provided by operating activities to range between $2.35 billion and $2.85 billion and free cash flow (a n…”
“Additionally, for the full year ending December 31, 2026, Quanta expects net cash provided by operating activities to range between $2.30 billion and $2.85 billion and free cash flow (a non-GAAP fina…”
“Additionally, for the full year ending December 31, 2025, Quanta expects net cash provided by operating activities to range between $1.70 billion and $2.25 billion and free cash flow (a non-GAAP fina…”
“With demand for our services broadening across utility, power generation, industrial and technology customers, we are pacing ahead of the multi-year growth targets we outlined at our 2026 Investor Da…”
“-MORE- “At our Investor Day last month, we outlined a clear path to more than doubling our adjusted EPS by 2030, driven by our Compounding Model and our unique positioning at the center of converging…”
““To that end, today we announce the expansion of our total solutions platform, which leverages Quanta’s world-class capabilities to address growing power generation and infrastructure needs from rapi…”
“-MORE- “The breadth of our portfolio, combined with the fungibility of our skilled workforce across multiple end markets, provides a significant competitive advantage.”
“The accelerating convergence of these markets continues to create significant opportunities, and Quanta’s craft-labor platform, integrated solutions and supply chain investments position us as the tr…”
“These acquisitions reinforce our commitment to investing in talent and capabilities that advance our strategic priorities while capitalizing on growing customer demand.”