Quanta Services, Inc.

Quanta Services, Inc.

PWR

Market Cap$42.14B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Quanta Services, Inc.Quanta Services, Inc.51.90.13%11%1.90.7

Earnings Call Q3 2024

October 31, 2024 - AI Summary

**Strong Financial Performance**: Quanta Services reported third quarter revenues of $6.5 billion, a year-over-year increase with adjusted EBITDA of $682.8 million (10.5% of revenues) and adjusted earnings per share of $2.72. The company generated significant cash flow, with free cash flow amounting to $539 million, further emphasizing its robust financial health.
**Record Backlog and Growth Expectations**: The total backlog reached a record of $34 billion, signaling strong future demand. The company anticipates adjusted EPS growth of approximately 20% year-over-year and is positioned for substantial growth with double-digit increases in adjusted EBITDA and free cash flow expected in 2024.
**Integration of Acquisitions**: The acquisition of Cupertino Electric is progressing positively, with expected synergies improving service offerings particularly in the technology and data center sectors. Cupertino is on track to perform at the high end of its $1 billion to $1.1 billion revenue target for 2024, contributing to overall growth.

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$331.00

Target Price by Analysts

15.1% upsideQuanta Services Target Price DetailsTarget Price
$157.84

Current Fair Value

45.1% downside

Overvalued by 45.1% based on the discounted cash flow analysis.

Share Statistics

Market cap$42.14 Billion
Enterprise Value$46.38 Billion
Dividend Yield$0.4 (0.129619898406026%)
Earnings per Share$5.13
Beta1.05
Outstanding Shares147,394,000

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio51.9
PEG695.91
Price to Sales1.86
Price to Book Ratio5.99
Enterprise Value to Revenue2.02
Enterprise Value to EBIT36.78
Enterprise Value to Net Income57
Total Debt to Enterprise0.11
Debt to Equity0.71

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Quanta Services, Inc.

CEO: Earl Austin