Quanta Services (PWR) Gross Margin (2009 - 2026)
Quanta Services' (PWR) quarterly Gross Margin came in at 16.17% in Q2 2026, up 129.0% year-over-year from 7.06% in Q2 2025, and up 14.98% quarter-over-quarter from 14.06% in Q1 2026.
Analysis
Quanta Services (PWR) Gross Margin (2009 - 2026) Analysis & Trends
Quanta Services has disclosed Gross Margin across 18 years of filings, most recently posting 16.17% for Q2 2026.
- In Q2 2026, Gross Margin rose 129.0% year-over-year to 16.17%; the TTM figure through Jun 2026 stood at 15.46% (up 42.0% YoY), while the FY2025 annual figure was 15.01%, up 18.0% from the prior year.
- Gross Margin came in at 16.17% for Q2 2026 at Quanta Services, up from 14.06% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 16.23% in Q4 2024 to a low of 12.39% in Q1 2024.
- Average Gross Margin over 5 years is 14.66%, with a median of 14.82% recorded in 2025.
- Year-over-year, Gross Margin plunged 141 bps in 2023 and jumped 252 bps in 2024.
- Over 5 years, Gross Margin stood at 15.11% in 2022, then dropped by 9 bps to 13.7% in 2023, then advanced by 18 bps to 16.23% in 2024, then fell by 4 bps to 15.52% in 2025, then increased by 4 bps to 16.17% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 16.17% in Q2 2026, 14.06% in Q1 2026, and 15.52% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 97.75 Bn | 97.35 Bn | 1.55 Bn | 16.17% |
| 2 | Mastec | 19.32 Bn | 19.12 Bn | 556.28 Mn | 12.72% |
| 3 | IES Holdings | 13.78 Bn | 13.39 Bn | 340.66 Mn | 27.41% |
| 4 | Dycom Industries | 9.22 Bn | 8.51 Bn | - | - |
| 5 | Everus Construction | 6.09 Bn | 5.92 Bn | 182.92 Mn | 14.85% |
| 6 | Myr | 4.53 Bn | 4.40 Bn | 142.67 Mn | 13.19% |
| 7 | Primoris Services | 4.05 Bn | 3.84 Bn | 82.40 Mn | 4.88% |
| 8 | Centuri Holdings | 2.04 Bn | 2.00 Bn | 69.14 Mn | 7.19% |
| 9 | Magnitude International | 225.45 Mn | 223.35 Mn | - | - |
| 10 | Energy Services of America | 211.94 Mn | 197.26 Mn | 14.32 Mn | 11.01% |
Historic Data
Download Data
Historic 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% |