Quanta Services, Inc.'s Stock Analysis

Quanta Services Approves $1 Billion Stock Buyback Program

Quanta Services, Inc. held its 2026 Annual Meeting of Stockholders on May 21, 2026, where stockholders approved the election of ten directors for one-year terms, ratified the appointment of PricewaterhouseCoopers LLP as the independent accounting firm for fiscal year 2026, and endorsed the executive compensation plan. The company also appointed Joseph Kim as a new independent director, bringing significant experience in the energy sector and operational leadership to the board.

Additionally, Quanta Services announced a quarterly cash dividend of $0.11 per share, totaling an annualized rate of $0.44 per share, payable on July 13, 2026. The Board of Directors authorized a new stock repurchase program, allowing the company to buy back up to $1 billion of its common stock, effective May 21, 2026. This program complements the existing buyback initiative, which has already repurchased 540,788 shares for approximately $135 million.

May 27, 2026 16:30:30

Quanta Services Reports First Quarter 2026 Financial Results

Quanta Services, Inc. announced its financial results for the first quarter of 2026, reporting consolidated revenues of $7.9 billion, a significant increase from $6.23 billion in the same quarter of 2025. The company achieved a net income of $220.6 million, or $1.45 per diluted share, compared to $144.3 million, or $0.96 per diluted share, in the prior year. Adjusted diluted earnings per share rose to $2.68 from $1.78, and the company reported an adjusted EBITDA of $686.4 million. Quanta's total backlog reached $48.5 billion, indicating strong demand for its services across its operational segments.

For the full year 2026, Quanta Services expects revenues to be between $34.7 billion and $35.2 billion, with net income projected between $1.40 billion and $1.50 billion. The company anticipates diluted earnings per share to range from $9.17 to $9.87, and adjusted diluted earnings per share to fall between $13.55 and $14.25. Quanta also expects to generate net cash from operating activities ranging from $2.35 billion to $2.85 billion, with free cash flow expected to be between $1.55 billion and $2.05 billion.

Apr 30, 2026 06:58:06

Quanta Services Grants Performance Stock Units to Executives

Quanta Services has approved incentive compensation awards in the form of performance stock units (PSUs) for senior leadership, including named executives. The PSUs will be determined based on pre-established performance goals over a five-year period ending December 31, 2030, with potential earnings ranging from 0% to 600% of the target amount based on adjusted earnings per share and total shareholder return metrics. The awards aim to retain key leadership and align their performance with the company's growth strategy.

The target number of PSUs granted to each executive includes 17,759 for Earl C. Austin, Jr., 8,879 for Jayshree S. Desai, 12,431 for Karl W. Studer, and 7,103 for Gerald A. Ducey, Jr. The PSUs will vest after the performance period, contingent on continued service and achievement of performance goals. The incentive awards were made under the 2019 Omnibus Equity Incentive Plan and are intended to support long-term value creation for stockholders.

Apr 16, 2026 16:30:16

Quanta Services Announces 2026 Incentive Compensation Plans

Quanta Services has adopted the 2026 Incentive Plan, which includes annual and long-term incentive plans for corporate employees and senior leadership. Eligible employees, including executive officers, may receive compensation in cash, restricted stock units, or performance stock units based on specific performance metrics.

The annual performance metrics for 2026 focus on EBITDA, EBITDA margin, and safety, while the long-term metrics for the period from January 1, 2026, to December 31, 2028, include return on invested capital, earnings per share, and total stockholder return. The Incentive Plan will utilize the Quanta Services, Inc. 2019 Omnibus Equity Incentive Plan for equity-based awards.

Mar 04, 2026 16:30:18

Quanta Services Reports Record Backlog and Financial Growth

Quanta Services, Inc. reported significant financial results for the fourth quarter and full year ended December 31, 2025, with revenues of $7.84 billion for Q4 2025, up from $6.55 billion in Q4 2024. Net income for Q4 2025 was $315.5 million, or $2.08 per diluted share, compared to $305.1 million, or $2.03 per diluted share, in the same quarter the previous year. For the full year, revenues reached $28.48 billion, an increase from $23.67 billion in 2024, with net income of $1.03 billion or $6.80 per diluted share, up from $904.8 million or $6.03 per diluted share in 2024. Adjusted diluted earnings per share were $10.75 for 2025, compared to $8.97 in 2024.

The company also announced a record backlog of $44.0 billion, reflecting strong demand in its Electric segment. Quanta completed three acquisitions during the fourth quarter of 2025, which are expected to enhance its capabilities and contribute to earnings. For 2026, Quanta anticipates revenue growth to between $33.25 billion and $33.75 billion, with net income projected between $1.27 billion and $1.38 billion. The company expects adjusted diluted earnings per share to range from $12.65 to $13.35, indicating a positive outlook for continued financial performance.

Feb 19, 2026 06:58:17

Quanta Services Reports Strong Q3 2025 Financial Results

Quanta Services, Inc. reported consolidated revenues of $7.63 billion for the third quarter of 2025, an increase from $6.49 billion in the same quarter of 2024. The net income attributable to common stock rose to $339.4 million, or $2.24 per diluted share, compared to $293.2 million, or $1.95 per diluted share, in the prior year. The adjusted diluted earnings per share also increased to $3.33 from $2.72 year-over-year. The company noted a record backlog of $39.2 billion, driven by strong demand in its Electric segment and robust activity across various markets. Quanta also repurchased 538,559 shares for $134.6 million year-to-date, with approximately $365.1 million remaining under its stock repurchase program.

For the nine months ended September 30, 2025, Quanta's revenues reached $20.64 billion, up from $17.12 billion in the same period of 2024, with net income attributable to common stock at $712.9 million, or $4.72 per diluted share. The company has raised its full-year revenue expectations to between $27.8 billion and $28.2 billion, and net income is projected to range from $987.1 million to $1.06 billion. Quanta's operational focus includes expanding its power generation platform and securing contracts, such as its recent engagement with NiSource Inc. for a significant power generation project.

Oct 30, 2025 06:58:16

Quanta Services Issues $1.5 Billion in Senior Notes

Quanta Services, Inc. has issued a total of $1.5 billion in senior unsecured notes, consisting of three series: $500 million of 4.300% Senior Notes due 2028, $500 million of 4.500% Senior Notes due 2031, and $500 million of 5.100% Senior Notes due 2035. These notes were sold through an underwriting agreement with several financial institutions and will accrue interest payable semi-annually, starting in 2026, with maturity dates ranging from 2028 to 2035. The notes rank equally with existing and future senior unsecured debts but are junior to secured indebtedness and structurally subordinated to subsidiary debts.

The notes include provisions for redemption prior to maturity, with specific terms outlined for each series. In the event of a Change of Control Triggering Event, noteholders can require the company to purchase their notes at a premium. The indenture governing the notes contains covenants that restrict the company’s ability to incur additional liens, engage in certain transactions, or merge with other entities, along with customary events of default.

Aug 07, 2025 16:06:59

Quanta Services Announces $1.5 Billion Senior Notes Offering

Quanta Services, Inc. has entered into an underwriting agreement for a public offering of $1.5 billion in senior notes. This includes $500 million of 4.300% senior notes due 2028, $500 million of 4.500% senior notes due 2031, and $500 million of 5.100% senior notes due 2035. The offering is registered with the SEC and is expected to close on August 7, 2025, pending customary closing conditions.

The company plans to use the proceeds from the offering to repay existing debt, including borrowings from its commercial paper program and senior credit facility. The offering is managed by several financial institutions, including BofA Securities, Wells Fargo Securities, and J.P. Morgan Securities. Investors can find additional details and documentation related to the offering through the SEC's website or by contacting the underwriters directly.

Aug 05, 2025 06:04:08

Quanta Services Reports Q2 2025 Financial Results and Acquisition

Quanta Services, Inc. reported consolidated revenues of $6.8 billion for the second quarter of 2025, a significant increase from $5.59 billion in the same quarter of 2024. The company achieved a net income of $229.3 million, or $1.52 per diluted share, compared to $188.2 million, or $1.26 per diluted share, in the previous year. Adjusted diluted earnings per share rose to $2.48 from $1.90. Quanta's remaining performance obligations amounted to $19.2 billion with a total backlog of $35.8 billion, reflecting strong demand for its services in infrastructure development and energy sectors.

On July 25, 2025, Quanta completed the acquisition of Dynamic Systems, LLC for up to $1.566 billion, which includes $1.35 billion in base consideration and an earnout of $216 million based on future performance. This acquisition is expected to enhance Quanta's capabilities in mechanical and plumbing infrastructure solutions. Following these developments, the company has raised its full-year 2025 financial outlook, anticipating revenues between $27.4 billion and $27.9 billion and net income ranging from $978.5 million to $1.07 billion.

Jul 31, 2025 06:58:40

Quanta Services Reports Record Revenue and Stock Buyback

Quanta Services, Inc. announced its first quarter 2025 financial results, reporting consolidated revenues of $6.2 billion, an increase from $5.03 billion in the same period last year. The company also reported net income attributable to common stock of $144.3 million, or $0.96 per diluted share, compared to $118.4 million, or $0.79 per diluted share, in the first quarter of 2024. Adjusted diluted earnings per share were $1.78, up from $1.41 in the previous year. The company has a total backlog of $35.3 billion and has repurchased approximately $135 million of its outstanding common stock in the quarter, indicating a commitment to returning value to shareholders.

Additionally, Quanta Services received credit rating upgrades from S&P Global Ratings, which could lower borrowing costs and expand liquidity options. The company is focused on mitigating potential impacts from trade tariffs and other macroeconomic uncertainties through strategic supply chain adjustments. Quanta has raised its full-year 2025 revenue and earnings expectations, reflecting confidence in its operational performance amid challenging market conditions.

May 01, 2025 06:58:17