QUANTA SERVICES, INC.
PWR · Electrical Work · 150.1M shares · +0%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: -$126M (gross $350K, SBC $127M)
Reference price $765.14 · est. market cap ~$114.8B — last insider sale, 2026-05-05 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B73Leading electric/infrastructure contractor riding strong grid and data-center demand with healthy returns.
Strengths
- FCF 93rd pct ($1.6B) and ROA 75th pct with low leverage (debt/equity 27th pct)
- Secular tailwinds from grid modernization, electrification and data-center load
Risks
- Thin gross margin (13th pct) typical of construction; project timing and execution variability
- Labor-intensive model with skilled-labor shortages and large-project revenue lumpiness
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
15.0%
Operating margin
5.7%
Net margin
3.6%
Return on equity
11.5%
Return on assets
4.1%
ROIC
13.1%
Revenue growth (QoQ)
0.4%
Net-income growth
13.7%
Debt / equity
0.1×
Current ratio
1.1×
Free cash flow
$1.6B
Tangible book value
-$1.3B
Cash & investments
$440M
Stock comp / revenue
0.6%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-01 | BAXTER WARNER L | Option exercise | 559 | — |
| 2026-06-01 | JACKMAN WORTHING | Option exercise | 559 | — |
| 2026-06-01 | Ladhani Holli C. | Option exercise | 559 | — |
| 2026-06-01 | Ladhani Holli C. | Disposition | 196 | $711.73 |
| 2026-06-01 | FRIED BERNARD | Option exercise | 559 | — |
| 2026-06-01 | Beneby Doyle N | Option exercise | 870 | — |
| 2026-06-01 | Rowe Robert Scott | Option exercise | 559 | — |
| 2026-06-01 | WYRSCH MARTHA B | Option exercise | 559 | — |
| 2026-05-28 | FRIED BERNARD | Option exercise | 4.8K | — |
| 2026-05-21 | VALENTIN RAUL JAVIER | Option exercise | 559 | — |
| 2026-05-11 | WYRSCH MARTHA B | Gift | 2.5K | — |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 5.3K | $775.77 |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 7.8K | $776.73 |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 3.0K | $777.60 |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 1.0K | $765.14 |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 305 | $766.92 |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 998 | $767.74 |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 6.4K | $768.71 |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 4.8K | $769.47 |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 4.4K | $770.72 |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 2.2K | $771.47 |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 1.1K | $772.58 |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 934 | $774.77 |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 1.1K | $775.77 |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 1.6K | $776.73 |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 614 | $777.60 |
| 2026-05-05 | Austin Earl C. Jr. | Gift | 4.0K | — |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 545 | $773.69 |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 5.5K | $765.14 |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 1.5K | $766.91 |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 4.1K | $767.68 |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 30K | $768.66 |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 27K | $769.41 |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 21K | $770.70 |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 11K | $771.44 |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 5.3K | $772.51 |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 3.1K | $773.61 |
| 2026-05-05 | Austin Earl C. Jr. | Sell | 4.6K | $774.77 |
| 2026-05-04 | NOBEL PAUL | Sell | 4.0K | $756.98 |
| 2026-05-04 | NOBEL PAUL | Gift | 45 | — |
| 2026-03-09 | Studer Karl W | Tax withheld | 682 | $540.19 |
| 2026-03-09 | Ducey Gerald A JR | Tax withheld | 409 | $540.19 |
| 2026-03-09 | Desai Jayshree S | Tax withheld | 781 | $540.19 |
| 2026-03-09 | Austin Earl C. Jr. | Tax withheld | 2.4K | $540.19 |
| 2026-03-09 | NOBEL PAUL | Tax withheld | 148 | $540.19 |
| 2026-03-09 | WAYNE DONALD | Tax withheld | 426 | $540.19 |
| 2026-03-04 | Studer Karl W | Tax withheld | 943 | $566.00 |
| 2026-03-04 | Ducey Gerald A JR | Tax withheld | 2.0K | $566.00 |
| 2026-03-04 | Desai Jayshree S | Tax withheld | 1.3K | $566.00 |
| 2026-03-04 | Austin Earl C. Jr. | Tax withheld | 3.6K | $566.00 |
| 2026-03-04 | NOBEL PAUL | Tax withheld | 241 | $566.00 |
| 2026-03-04 | WAYNE DONALD | Tax withheld | 588 | $566.00 |
| 2026-02-26 | Austin Earl C. Jr. | Grant | 8.3K | — |
| 2026-02-26 | Studer Karl W | Grant | 20K | — |
| 2026-02-26 | Studer Karl W | Tax withheld | 8.7K | $562.77 |
| 2026-02-26 | Studer Karl W | Grant | 2.4K | — |
| 2026-02-26 | Ducey Gerald A JR | Grant | 8.8K | — |
| 2026-02-26 | Ducey Gerald A JR | Tax withheld | 3.5K | $562.77 |
| 2026-02-26 | Ducey Gerald A JR | Grant | 1.7K | — |
| 2026-02-26 | Desai Jayshree S | Grant | 17K | — |
| 2026-02-26 | Desai Jayshree S | Tax withheld | 6.6K | $562.77 |
| 2026-02-26 | Desai Jayshree S | Grant | 3.4K | — |
| 2026-02-26 | Austin Earl C. Jr. | Grant | 82K | — |
| 2026-02-26 | Austin Earl C. Jr. | Tax withheld | 32K | $562.77 |
| 2026-02-26 | NOBEL PAUL | Grant | 3.2K | — |
| 2026-02-26 | NOBEL PAUL | Tax withheld | 1.3K | $562.77 |
| 2026-02-26 | NOBEL PAUL | Grant | 614 | — |
| 2026-02-26 | WAYNE DONALD | Grant | 9.2K | — |
| 2026-02-26 | WAYNE DONALD | Tax withheld | 3.6K | $562.77 |
| 2026-02-26 | WAYNE DONALD | Grant | 1.2K | — |
| 2025-11-25 | FRIED BERNARD | Gift | 110 | — |
| 2025-11-24 | FRIED BERNARD | Gift | 28 | — |
| 2025-11-14 | WYRSCH MARTHA B | Gift | 2.0K | — |
| 2025-11-06 | WAYNE DONALD | Sell | 2.3K | $444.07 |
| 2025-11-06 | WAYNE DONALD | Sell | 135 | $445.72 |
| 2025-11-06 | WAYNE DONALD | Sell | 569 | $447.03 |
| 2025-11-06 | WAYNE DONALD | Gift | 500 | — |
| 2025-11-06 | WAYNE DONALD | Sell | 3.4K | $445.09 |
| 2025-11-06 | Ducey Gerald A JR | Sell | 7.7K | $446.08 |
| 2025-11-06 | WAYNE DONALD | Sell | 7.5K | $442.87 |
| 2025-11-05 | JACKMAN WORTHING | Sell | 6.3K | $450.45 |
| 2025-11-05 | JACKMAN WORTHING | Gift | 800 | — |
| 2025-11-03 | Desai Jayshree S | Gift | 455 | — |
| 2025-11-03 | FRIED BERNARD | Sell | 4.0K | $452.19 |
| 2025-07-18 | Desai Jayshree S | Tax withheld | 414 | $397.90 |
| 2025-06-01 | WYRSCH MARTHA B | Option exercise | 622 | — |
| 2025-06-01 | VALENTIN RAUL JAVIER | Option exercise | 622 | — |
| 2025-06-01 | Rowe Robert Scott | Option exercise | 622 | — |
| 2025-06-01 | dePass Olsovsky Josephine Ann Marie | Option exercise | 622 | — |
| 2025-06-01 | JACKMAN WORTHING | Option exercise | 622 | — |
| 2025-06-01 | Ladhani Holli C. | Option exercise | 622 | — |
| 2025-06-01 | FRIED BERNARD | Option exercise | 622 | — |
| 2025-06-01 | Beneby Doyle N | Option exercise | 998 | — |
| 2025-06-01 | BAXTER WARNER L | Option exercise | 622 | — |
| 2025-05-22 | FOSTER VINCENT D | Option exercise | 622 | — |
| 2025-03-09 | Ducey Gerald A JR | Tax withheld | 409 | $246.02 |
| 2025-03-09 | WAYNE DONALD | Tax withheld | 426 | $246.02 |
| 2025-03-09 | Studer Karl W | Tax withheld | 688 | $246.02 |
| 2025-03-09 | NOBEL PAUL | Tax withheld | 148 | $246.02 |
| 2025-03-09 | Desai Jayshree S | Tax withheld | 781 | $246.02 |
| 2025-03-09 | Austin Earl C. Jr. | Tax withheld | 2.4K | $246.02 |
| 2025-03-06 | WAYNE DONALD | Gift | 500 | — |
| 2025-03-04 | Studer Karl W | Tax withheld | 2.4K | $250.91 |
| 2025-03-04 | Austin Earl C. Jr. | Tax withheld | 4.7K | $250.91 |
| 2025-03-04 | Ducey Gerald A JR | Tax withheld | 778 | $250.91 |
| 2025-03-04 | Desai Jayshree S | Tax withheld | 1.6K | $250.91 |
| 2025-03-04 | WAYNE DONALD | Tax withheld | 984 | $250.91 |
| 2025-03-04 | NOBEL PAUL | Tax withheld | 377 | $250.91 |
| 2025-02-27 | Ducey Gerald A JR | Grant | 8.3K | — |
| 2025-02-27 | Ducey Gerald A JR | Tax withheld | 3.3K | $268.81 |
| 2025-02-27 | Ducey Gerald A JR | Grant | 2.5K | — |
| 2025-02-27 | WAYNE DONALD | Grant | 14K | — |
| 2025-02-27 | WAYNE DONALD | Tax withheld | 5.5K | $268.81 |
| 2025-02-27 | WAYNE DONALD | Grant | 1.9K | — |
| 2025-02-27 | Desai Jayshree S | Grant | 15K | — |
| 2025-02-27 | Desai Jayshree S | Tax withheld | 5.8K | $268.81 |
| 2025-02-27 | Desai Jayshree S | Grant | 5.0K | — |
| 2025-02-27 | Austin Earl C. Jr. | Grant | 96K | — |
| 2025-02-27 | Austin Earl C. Jr. | Tax withheld | 38K | $268.81 |
| 2025-02-27 | Austin Earl C. Jr. | Grant | 13K | — |
| 2025-02-27 | Studer Karl W | Grant | 20K | — |
| 2025-02-27 | Studer Karl W | Tax withheld | 8.6K | $268.81 |
| 2025-02-27 | Studer Karl W | Grant | 3.0K | — |
| 2025-02-27 | NOBEL PAUL | Grant | 3.7K | — |
| 2025-02-27 | NOBEL PAUL | Tax withheld | 1.5K | $268.81 |
| 2025-02-27 | NOBEL PAUL | Grant | 1.0K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-27 | Shareholder voteOtherExhibits | filing ↗ |
| 2026-04-30 | ResultsReg FDExhibits | filing ↗ |
| 2026-04-16 | Exec/director changeExhibits | filing ↗ |
| 2026-03-04 | Exec/director changeExhibits | filing ↗ |
| 2026-02-19 | ResultsReg FDExhibits | filing ↗ |
| 2025-10-30 | ResultsReg FDExhibits | filing ↗ |
| 2025-08-07 | Material agreementDebt obligationExhibits | filing ↗ |
| 2025-08-05 | Material agreementReg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-27 | 2026-05-21 | 0001193125-26-241989 ↗ |
| 10-Q | 2026-04-30 | 2026-03-31 | 0001050915-26-000016 ↗ |
| 8-K | 2026-04-30 | 2026-04-30 | 0001193125-26-193918 ↗ |
| 8-K | 2026-04-16 | 2026-04-10 | 0001193125-26-159117 ↗ |
| 8-K | 2026-03-04 | 2026-02-26 | 0001193125-26-091646 ↗ |
| 8-K | 2026-02-19 | 2026-02-19 | 0001193125-26-058069 ↗ |
| 10-K | 2026-02-19 | 2025-12-31 | 0001050915-26-000006 ↗ |
| 10-Q | 2025-10-30 | 2025-09-30 | 0001050915-25-000111 ↗ |
| 8-K | 2025-10-30 | 2025-10-30 | 0001193125-25-257378 ↗ |
| 8-K | 2025-08-07 | 2025-08-07 | 0001193125-25-175423 ↗ |
| 8-K | 2025-08-05 | 2025-08-04 | 0001193125-25-172984 ↗ |
| 8-K | 2025-07-31 | 2025-07-25 | 0001193125-25-169944 ↗ |