Quanta Services (PWR) Gross Margin (2009 - 2026)
Quanta Services (PWR) posted Gross Margin of 16.17% for Q2 2026, up 14.98% sequentially from 14.06% in Q1 2026, and up 129.0% YoY from 7.06% in Q2 2025.
Quanta Services (PWR) Gross Margin (2009 - 2026) Analysis & Trends
Quanta Services has reported Gross Margin for 18 years, with the latest figure at 16.17% in Q2 2026.
- Quarterly Gross Margin rose 129.0% year-over-year to 16.17% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 15.46% (up 42.0% YoY) and the FY2025 annual result came in at 15.01%, up 18.0% from the prior year.
- Gross Margin advanced to 16.17% in Q2 2026 per PWR's latest filing, from 14.06% in the prior quarter.
- Over five years, Gross Margin peaked at 16.23% in Q4 2024 and troughed at 12.39% in Q1 2024.
- A 5-year average of 14.66% and a median of 14.82% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2024: Gross Margin sank 141 bps in 2023, then surged 252 bps in 2024.
- Over 5 years, Gross Margin stood at 15.11% in 2022, then fell by 9 bps to 13.7% in 2023, then grew by 18 bps to 16.23% in 2024, then decreased by 4 bps to 15.52% in 2025, then gained by 4 bps to 16.17% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 16.17%, 14.06%, and 15.52% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 98.57 Bn | 98.48 Bn | 1.55 Bn | 16.17% |
| 2 | Comfort Systems Usa | 69.82 Bn | 67.96 Bn | 844.23 Mn | 25.85% |
| 3 | Ferrovial | 46.93 Bn | 41.94 Bn | - | - |
| 4 | Emcor | 35.79 Bn | 34.87 Bn | 1.02 Bn | 19.83% |
| 5 | Mastec | 25.30 Bn | 25.14 Bn | 556.28 Mn | 12.72% |
| 6 | Sterling Infrastructure | 18.27 Bn | 17.76 Bn | 194.30 Mn | 23.53% |
| 7 | APi | 17.00 Bn | 16.35 Bn | 703.00 Mn | 31.19% |
| 8 | Jacobs Solutions | 15.69 Bn | 14.31 Bn | 794.89 Mn | 21.51% |
| 9 | IES Holdings | 12.60 Bn | 12.34 Bn | 254.79 Mn | 26.15% |
| 10 | Dycom Industries | 12.50 Bn | 11.79 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 16.17% |
| Mar 31, 2026 | 14.06% |
| Dec 31, 2025 | 15.52% |
| Sep 30, 2025 | 15.94% |
| Jun 30, 2025 | 14.88% |
| Mar 31, 2025 | 13.38% |
| Dec 31, 2024 | 16.23% |
| Sep 30, 2024 | 15.59% |
| Jun 30, 2024 | 14.50% |
| Mar 31, 2024 | 12.39% |
| Dec 31, 2023 | 13.70% |
| Sep 30, 2023 | 15.07% |
| Jun 30, 2023 | 14.34% |
| Mar 31, 2023 | 12.94% |
| Dec 31, 2022 | 15.11% |
| Sep 30, 2022 | 15.45% |
| Jun 30, 2022 | 14.76% |
| Mar 31, 2022 | 13.82% |
| Dec 31, 2021 | 15.24% |
| Sep 30, 2021 | 15.94% |