Quanta Historical Income Statement
| PWR Stock | USD 260.58 15.67 5.67% |
Historical analysis of Quanta Services income statement accounts such as Gross Profit of 3.7 B, Other Operating Expenses of 23.4 B, Operating Income of 1.4 B or Ebit of 1.5 B can show how well Quanta Services performed in making a profits. Evaluating Quanta Services income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Quanta Services's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Quanta Services latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Quanta Services is a good buy for the upcoming year.
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About Quanta Income Statement Analysis
Quanta Services Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Quanta Services shareholders. The income statement also shows Quanta investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Quanta Services Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Quanta Services generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Quanta Services minus its cost of goods sold. It is profit before Quanta Services operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Quanta Services. It is also known as Quanta Services overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Quanta Services' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Quanta Services current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quanta Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. To learn how to invest in Quanta Stock, please use our How to Invest in Quanta Services guide.At this time, Quanta Services' EBIT is relatively stable compared to the past year. As of 03/26/2025, EBITDA is likely to grow to about 2.3 B, though Non Operating Income Net Other is likely to grow to (37.5 M).
| 2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 2.5B | 2.9B | 3.5B | 3.7B | Total Revenue | 17.1B | 20.9B | 23.7B | 24.9B |
Quanta Services income statement Correlations
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Quanta Services Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Quanta Services income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 302.0M | 420.9M | 644.6M | 613.8M | 742.3M | 779.4M | |
| Interest Expense | 45.0M | 68.9M | 124.4M | 186.9M | 202.7M | 212.8M | |
| Selling General Administrative | 975.1M | 1.2B | 1.3B | 1.5B | 1.8B | 1.9B | |
| Total Revenue | 11.2B | 13.0B | 17.1B | 20.9B | 23.7B | 24.9B | |
| Gross Profit | 1.7B | 2.0B | 2.5B | 2.9B | 3.5B | 3.7B | |
| Other Operating Expenses | 10.6B | 12.3B | 16.2B | 19.8B | 22.3B | 23.4B | |
| Operating Income | 611.4M | 663.5M | 872.1M | 1.1B | 1.3B | 1.4B | |
| Ebit | 609.1M | 631.9M | 838.5M | 1.2B | 1.4B | 1.5B | |
| Ebitda | 911.0M | 1.1B | 1.5B | 1.8B | 2.2B | 2.3B | |
| Cost Of Revenue | 9.5B | 11.0B | 14.5B | 17.9B | 20.2B | 21.2B | |
| Total Operating Expenses | 1.1B | 1.3B | 1.7B | 1.8B | 2.2B | 2.3B | |
| Income Before Tax | 571.3M | 622.9M | 703.9M | 970.0M | 1.2B | 1.3B | |
| Total Other Income Expense Net | (40.0M) | (40.6M) | (168.2M) | (158.0M) | (134.4M) | (127.7M) | |
| Net Income | 445.6M | 486.0M | 491.2M | 744.7M | 904.8M | 950.1M | |
| Income Tax Expense | 119.4M | 130.9M | 192.2M | 219.3M | 284.7M | 299.0M | |
| Net Income Applicable To Common Shares | 402.0M | 445.6M | 486.0M | 491.2M | 564.9M | 593.1M | |
| Net Income From Continuing Ops | 452.0M | 492.0M | 511.6M | 750.7M | 927.3M | 973.6M | |
| Non Operating Income Net Other | 84.3M | 5.0M | 28.3M | (43.8M) | (39.4M) | (37.5M) | |
| Minority Interest | 6.4M | (6.0M) | (20.5M) | (6M) | (22.5M) | (21.3M) | |
| Non Recurring | 13.9M | 8.3M | 5.7M | 14.5M | 13.0M | 24.4M | |
| Tax Provision | 119.4M | 130.9M | 192.2M | 215.0M | 284.7M | 166.1M | |
| Interest Income | 2.4M | 3.2M | 121.8M | 6.8M | 32.4M | 19.7M | |
| Net Interest Income | (42.6M) | (65.7M) | (121.8M) | (168.0M) | (170.3M) | (161.8M) | |
| Reconciled Depreciation | 302.0M | 165.4M | 644.6M | 588.9M | 742.3M | 438.1M |
Pair Trading with Quanta Services
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Quanta Services position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Quanta Services will appreciate offsetting losses from the drop in the long position's value.Moving together with Quanta Stock
Moving against Quanta Stock
The ability to find closely correlated positions to Quanta Services could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quanta Services when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Quanta Services - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Quanta Services to buy it.
The correlation of Quanta Services is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Quanta Services moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quanta Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Quanta Services can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Quanta Stock Analysis
When running Quanta Services' price analysis, check to measure Quanta Services' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Quanta Services is operating at the current time. Most of Quanta Services' value examination focuses on studying past and present price action to predict the probability of Quanta Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quanta Services' price. Additionally, you may evaluate how the addition of Quanta Services to your portfolios can decrease your overall portfolio volatility.