NYSE:PWR

Quanta Services announced that its Board of Directors has approved a quarterly cash dividend of $0.11 per share, equal to $0.44 on an annualized basis. This reflects an increase of roughly 10 percent compared with the dividend paid in October 2025. The dividend will be distributed on January 12, 2026, to shareholders of record as of January 2, 2026.
Quanta Services Delivers Record Q3 Results, Raises 2025 Outlook on Electric Segment Strength

Quanta Services (NYSE: PWR) reported record third-quarter 2025 revenue of $7.63 billion, up 18% year over year, with GAAP EPS of $2.24 and adjusted EPS of $3.33. Net income rose to $339 million, while adjusted EBITDA reached a record $858 million. The company generated $1.1 billion in operating cash flow and $726 million in free cash flow, with backlog expanding to $39.2 billion and remaining performance obligations totaling $21 billion.

Quanta raised its 2025 revenue outlook, citing accelerating growth in its Electric segment. CEO Duke Austin highlighted a new agreement with NiSource to design and build generation and grid infrastructure for a 3 GW power project, reinforcing Quanta’s leadership in integrated power and infrastructure solutions.
Quanta Services, Inc. (NYSE: PWR) announced that it will release its third quarter 2025 financial results on Thursday, October 30, 2025, before the market opens. In conjunction with the press release, Quanta has scheduled a webcast and conference call for 9:00 a.m. Eastern time on Thursday, October 30, 2025.
Quanta Services Acquires Dynamic Systems to Expand Infrastructure Capabilities

Quanta Services (NYSE: PWR) has acquired Dynamic Systems (DSI), a Texas-based turnkey mechanical and process infrastructure solutions provider, for approximately $1.35 billion. The deal includes $1.15 billion in cash and $200 million in Quanta stock, with a potential $216 million earnout based on performance.

Dynamic Systems, with around 2,400 employees, brings deep expertise in mechanical construction for technology, healthcare, and industrial markets. Quanta expects the acquisition to contribute $425–$475 million in revenue and $0.08–$0.12 in EPS in 2025. Full-year 2026 contributions are projected at up to $1.45 billion in revenue and $0.47 in EPS.

The move strengthens Quanta’s position in load center infrastructure and expands its total addressable market.
Quanta Services Named Top U.S. Solar and Energy Storage Solutions Provider for 2025

Quanta Services (NYSE: PWR) has been recognized by Solar Power World as the #1 solar solutions provider in the U.S. for 2025 and topped the publication’s inaugural ranking for energy storage solutions. Quanta operating companies installed more than 10,000 MW of solar capacity and over 1,200 MW of energy storage in 2024.

CEO Duke Austin highlighted Quanta’s role in powering America’s energy transition, stating the company is building the infrastructure for a stronger, cleaner energy future. The recognition underscores Quanta’s growing leadership in utility-scale renewable energy projects, driven by its collaborative operating model and broad expertise.

Quanta Services operates across the U.S., Canada, Australia, and other international markets, providing infrastructure services to utility, renewable energy, communications, and energy sectors.
Quanta Services, Inc. (NYSE: PWR) announced that it will release its second quarter 2025 financial results on Thursday, July 31, 2025, before the market opens. Quanta has scheduled a webcast and conference call for 9:00 a.m. Eastern time on Thursday, July 31, 2025.
Quanta Services reported strong first quarter 2025 results with consolidated revenues of $6.23 billion, up from $5.03 billion a year ago.

GAAP net income attributable to common stock rose to $144.3 million ($0.96 per diluted share) compared to $118.4 million ($0.79 per share) in Q1 2024. Adjusted diluted earnings per share increased to $1.78 from $1.41. Adjusted EBITDA came in at $503.9 million, up from $387.3 million, while free cash flow was $117.8 million.

The company reported a record total backlog of $35.3 billion, including remaining performance obligations of $17.6 billion. Quanta’s Electric Infrastructure Solutions segment generated $4.94 billion in revenue, and the Underground and Infrastructure segment generated $1.29 billion. Both segments saw improved operating margins compared to the prior year.

During the quarter, Quanta was selected by LADWP for a major 500-kilovolt transmission upgrade project and also received a credit rating upgrade from S&P to BBB. Quanta repurchased $135 million of its common stock in early 2025.

For full-year 2025, Quanta raised its guidance:
- revenue is now expected to range from $26.7 billion to $27.2 billion
- GAAP EPS is expected between $6.90 and $7.50
- adjusted EPS between $10.05 and $10.65
- adjusted EBITDA between $2.68 billion and $2.81 billion
- free cash flow between $1.2 billion and $1.7 billion
Quanta Services, Inc. (NYSE: PWR) announced today that it will release its first quarter 2025 financial results on Thursday, May 1, 2025, before the market opens. In conjunction with the press release, Quanta has scheduled a webcast and conference call for 9:00 a.m. Eastern time on Thursday, May 1, 2025.
Quanta Services Adopts 2025 Incentive Plan for Employees and Executives

Houston, Texas – February 27, 2025 – Quanta Services, Inc. (NYSE: PWR) has announced that its Compensation Committee has approved a 2025 Incentive Plan designed to drive performance-based compensation across all levels of the company.

Key Features of the 2025 Incentive Plan
Eligibility: Applies to all corporate employees, with specific incentives for executive officers and senior leadership.
Incentive Compensation: Awards will be provided in the form of cash, restricted stock units (RSUs), and performance stock units (PSUs).
Performance Metrics:
Annual Performance Metrics (2025): Includes EBITDA, EBITDA margin, and safety benchmarks.
Long-Term Performance Metrics (2025-2027): Includes return on invested capital (ROIC), earnings per share (EPS), and total stockholder return (TSR).
Equity-Based Awards & Governance
All equity-based awards will be granted under the Quanta Services, Inc. 2019 Omnibus Equity Incentive Plan, as amended.
Awards will be subject to applicable award agreements and oversight by the Board of Directors.
The 2025 Incentive Plan underscores Quanta's commitment to aligning employee and executive performance with its long-term financial and operational goals.
Quanta Services reported strong financial performance for the fourth quarter and full year 2024, achieving record revenue, profitability, and backlog. Fourth-quarter revenue grew 13.3% year-over-year to $6.55 billion, while net income attributable to common stock increased to $305.1 million, or $2.03 per diluted share, compared to $210.9 million, or $1.42 per share, in Q4 2023. Adjusted diluted earnings per share rose to $2.94 from $2.04 in the same period. Adjusted EBITDA reached $737.8 million, supported by robust demand for infrastructure services.

For the full year, Quanta generated $23.67 billion in revenue, up 13.4% from 2023. Net income attributable to common stock was $904.8 million, or $6.03 per diluted share, compared to $744.7 million, or $5.00 per share, in 2023. Adjusted diluted earnings per share increased to $8.97 from $7.16, while adjusted EBITDA grew to $2.33 billion. The company also generated $2.08 billion in cash from operations and $1.55 billion in free cash flow.

CEO Duke Austin highlighted Quanta’s strong execution and strategic positioning in the evolving power and infrastructure markets. The company ended 2024 with a record total backlog of $34.54 billion, including all-time highs in its Renewable Energy Infrastructure Solutions segment. Looking ahead, Quanta anticipates continued double-digit growth in revenue, net income, and adjusted EBITDA in 2025, supported by strong industry demand.

Recent developments include a large fiber build project for Lumen Technologies, acquisitions in civil solutions and industrial technology, and a stock repurchase program with approximately $500 million remaining. Additionally, Quanta increased its quarterly cash dividend by 11% to $0.10 per share. The company remains well-positioned to capitalize on infrastructure growth trends and drive sustained profitability.
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01-17-25WS Investor