Quanta Services (PWR) Change in Working Capital (2015 - 2023)
Quanta Services' Change in Working Capital was $247.33 million in Q1 2023, up 31.0% from $188.83 million a year earlier.
Quanta Services (PWR) Change in Working Capital (2015 - 2023) Analysis & Trends
On a trailing twelve-month basis, Quanta Services' Change in Working Capital was $288.21 million through Mar 31, 2023, down 50.9% year-over-year; for FY2022, it was $229.72 million, down 49.8% from FY2021.
- Change in Working Capital shows a five-year compound annual growth rate of -1.0% (FY2017 to FY2022).
- In earlier years, Change in Working Capital was $457.68 million in FY2021, -$327.37 million in FY2020, $156.81 million in FY2019 (-60.9%) and $400.53 million in FY2018 (+65.7%).
- The Q1 2023 figure marks the highest quarterly Change in Working Capital since Q3 2021.
- Compared with a year earlier, Change in Working Capital was higher in four of the last five quarters, with growth averaging 107.7%.
- The best year-over-year quarter for Change in Working Capital over five years was Q4 2018 (growth of 923.9%); the worst was Q3 2022 (a decline of 88.4%).
- Per Business Quant data, PWR's Change in Working Capital in the three quarters before Q1 2023 was -$234.64 million (Q4 2022), $28.7 million (Q3 2022) and $246.83 million (Q2 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 96.54 Bn | 94.73 Bn | 1.55 Bn | - |
| 2 | Ferrovial | 38.99 Bn | 19.58 Bn | - | - |
| 3 | Emcor | 33.36 Bn | 29.75 Bn | 1.02 Bn | 171.10 Mn |
| 4 | Mastec | 17.15 Bn | 16.06 Bn | 556.28 Mn | - |
| 5 | Jacobs Solutions | 15.84 Bn | 10.49 Bn | 810.70 Mn | - |
| 6 | Sterling Infrastructure | 15.09 Bn | 13.45 Bn | 289.96 Mn | 47.22 Mn |
| 7 | IES Holdings | 12.79 Bn | 11.66 Bn | 340.66 Mn | - |
| 8 | Dycom Industries | 8.06 Bn | 7.19 Bn | - | - |
| 9 | Stantec | 7.69 Bn | 7.69 Bn | - | - |
| 10 | Aecom | 7.59 Bn | 2.91 Bn | -34.04 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 247.33 Mn |
| Dec 31, 2022 | -234.64 Mn |
| Sep 30, 2022 | 28.70 Mn |
| Jun 30, 2022 | 246.83 Mn |
| Mar 31, 2022 | 188.83 Mn |
| Dec 31, 2021 | 85.50 Mn |
| Sep 30, 2021 | 247.70 Mn |
| Jun 30, 2021 | 65.04 Mn |
| Mar 31, 2021 | 59.45 Mn |
| Dec 31, 2020 | -36.65 Mn |
| Sep 30, 2020 | 124.46 Mn |
| Jun 30, 2020 | -325.71 Mn |
| Mar 31, 2020 | -89.47 Mn |
| Dec 31, 2019 | -466.75 Mn |
| Sep 30, 2019 | 137.91 Mn |
| Jun 30, 2019 | 235.49 Mn |
| Mar 31, 2019 | 250.16 Mn |
| Dec 31, 2018 | 115.52 Mn |
| Sep 30, 2018 | 170.57 Mn |
| Jun 30, 2018 | -3.15 Mn |
Quanta Services Change in Working Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-working-capital&ticker=PWR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-working-capital", "ticker": "PWR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-working-capital&ticker=PWR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();