Quanta Services
Market Cap
US$8.7b
Last Updated
2020/10/30 03:37 UTC
Data Sources
Company Financials +
Executive Summary
Quanta Services, Inc. provides specialty contracting services in the United States, Canada, Australia, Latin America, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with proven track record.
Similar Companies
Share Price & News
How has Quanta Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PWR's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
0.6%
PWR
-4.9%
US Construction
-4.1%
US Market
1 Year Return
45.5%
PWR
1.2%
US Construction
12.0%
US Market
Return vs Industry: PWR exceeded the US Construction industry which returned 1.2% over the past year.
Return vs Market: PWR exceeded the US Market which returned 12% over the past year.
Shareholder returns
| PWR | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.6% | -4.9% | -4.1% |
| 30 Day | 18.5% | 6.7% | -0.2% |
| 90 Day | 56.8% | 17.9% | 2.8% |
| 1 Year | 46.2%45.5% | 1.8%1.2% | 14.6%12.0% |
| 3 Year | 77.4%75.7% | 3.3%1.0% | 35.8%26.8% |
| 5 Year | 203.4%200.5% | 44.9%39.6% | 75.2%55.6% |
Price Volatility Vs. Market
How volatile is Quanta Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
How Much Did Quanta Services' (NYSE:PWR) CEO Pocket Last Year?2 weeks ago | Simply Wall St
Is Quanta Services (NYSE:PWR) Using Too Much Debt?1 month ago | Simply Wall St
Did Quanta Services, Inc. (NYSE:PWR) Insiders Sell Shares?Valuation
Is Quanta Services undervalued compared to its fair value and its price relative to the market?
22.71x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PWR ($62.66) is trading above our estimate of fair value ($38.97)
Significantly Below Fair Value: PWR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PWR is poor value based on its PE Ratio (22.7x) compared to the US Construction industry average (18.8x).
PE vs Market: PWR is poor value based on its PE Ratio (22.7x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: PWR is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: PWR is overvalued based on its PB Ratio (2.1x) compared to the US Construction industry average (1.8x).
Next Steps
Future Growth
How is Quanta Services forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
15.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PWR's forecast earnings growth (15.2% per year) is above the savings rate (2.2%).
Earnings vs Market: PWR's earnings (15.2% per year) are forecast to grow slower than the US market (22% per year).
High Growth Earnings: PWR's earnings are forecast to grow, but not significantly.
Revenue vs Market: PWR's revenue (6.4% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: PWR's revenue (6.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PWR's Return on Equity is forecast to be low in 3 years time (12.6%).
Next Steps
Past Performance
How has Quanta Services performed over the past 5 years?
21.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PWR has high quality earnings.
Growing Profit Margin: PWR's current net profit margins (3.5%) are higher than last year (2.8%).
Past Earnings Growth Analysis
Earnings Trend: PWR's earnings have grown significantly by 21.6% per year over the past 5 years.
Accelerating Growth: PWR's earnings growth over the past year (15.3%) is below its 5-year average (21.6% per year).
Earnings vs Industry: PWR earnings growth over the past year (15.3%) exceeded the Construction industry 12%.
Return on Equity
High ROE: PWR's Return on Equity (9.6%) is considered low.
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Financial Health
How is Quanta Services's financial position?
Financial Position Analysis
Short Term Liabilities: PWR's short term assets ($3.7B) exceed its short term liabilities ($2.2B).
Long Term Liabilities: PWR's short term assets ($3.7B) exceed its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: PWR's debt to equity ratio (29.2%) is considered satisfactory.
Reducing Debt: PWR's debt to equity ratio has increased from 10.9% to 29.2% over the past 5 years.
Debt Coverage: PWR's debt is well covered by operating cash flow (119.1%).
Interest Coverage: PWR's interest payments on its debt are well covered by EBIT (11.9x coverage).
Balance Sheet
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Dividend
What is Quanta Services's current dividend yield, its reliability and sustainability?
0.32%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PWR's dividend (0.32%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.69%).
High Dividend: PWR's dividend (0.32%) is low compared to the top 25% of dividend payers in the US market (4.78%).
Stability and Growth of Payments
Stable Dividend: PWR is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: PWR is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: PWR is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PWR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
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Management
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average management tenure
CEO
Duke Austin (50 yo)
4.58yrs
Tenure
US$10,247,932
Compensation
Mr. Earl C. Austin, Jr., also known as Duke, has been the Chief Operating Officer of Quanta Services, Inc. since January 1, 2013. Mr. Austin has been Director, President and Chief Executive Officer at Quan ...
CEO Compensation Analysis
Compensation vs Market: Duke's total compensation ($USD10.25M) is above average for companies of similar size in the US market ($USD7.41M).
Compensation vs Earnings: Duke's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.58yrs | US$10.25m | 0.29% $ 24.9m | |
| Chief Financial Officer | 8.42yrs | US$3.61m | 0.15% $ 13.0m | |
| Executive VP & General Counsel | 3.42yrs | US$2.58m | 0.047% $ 4.1m | |
| President of Electric Power Division | 1.58yrs | US$2.70m | no data | |
| President of Pipeline & Industrial Division and Chief Strategy Officer | 3.75yrs | US$5.25m | 0.13% $ 11.2m | |
| Chief Accounting Officer | 3.42yrs | no data | 0.012% $ 1.1m | |
| Vice President of Investor Relations | 9.33yrs | no data | no data | |
| Chief Corporate Development Officer | 0.75yr | no data | no data | |
| VP of Finance & Treasurer | 21yrs | US$722.71k | 0.034% $ 2.9m | |
| Corporate Secretary | no data | no data | no data |
3.8yrs
Average Tenure
53yo
Average Age
Experienced Management: PWR's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.58yrs | US$10.25m | 0.29% $ 24.9m | |
| Independent Director | 7.83yrs | US$258.88k | 0.025% $ 2.2m | |
| Independent Director | 22.75yrs | US$248.88k | 0.18% $ 15.4m | |
| Independent Chairman | 3.42yrs | US$397.20k | 0.023% $ 2.0m | |
| Independent Director | 16.58yrs | US$263.88k | 0.034% $ 3.0m | |
| Independent Director | 1yr | US$160.90k | 0.0019% $ 161.8k | |
| Independent Director | 15.42yrs | US$268.88k | 0.018% $ 1.6m | |
| Independent Director | 14.42yrs | US$243.88k | 0.014% $ 1.2m | |
| Independent Director | 13.17yrs | US$258.88k | 0.017% $ 1.5m | |
| Independent Director | 4.58yrs | US$243.88k | 0.014% $ 1.3m |
10.5yrs
Average Tenure
62.5yo
Average Age
Experienced Board: PWR's board of directors are seasoned and experienced ( 10.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Quanta Services, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Quanta Services, Inc.
- Ticker: PWR
- Exchange: NYSE
- Founded: 1997
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: US$8.700b
- Shares outstanding: 138.84m
- Website: https://www.quantaservices.com
Number of Employees
Location
- Quanta Services, Inc.
- 2800 Post Oak Boulevard
- Suite 2600
- Houston
- Texas
- 77056
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PWR | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Feb 1998 |
| QAA | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Feb 1998 |
| 0KSR | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Feb 1998 |
| Q1UA34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 1 REPR 1 COM | BR | BRL | Jan 2020 |
Biography
Quanta Services, Inc. provides specialty contracting services in the United States, Canada, Australia, Latin America, and internationally. Its Electric Power Infrastructure Services segment designs, instal ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/30 03:37 |
| End of Day Share Price | 2020/10/29 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.