Quanta Services (PWR) Gross Margin (2009 - 2026)

Quanta Services' (PWR) quarterly Gross Margin came in at 14.06% in Q1 2026, up 68.0% year-on-year from 8.37% in Q1 2025, and down 9.39% quarter-over-quarter from 15.52% in Q4 2025.

Quanta Services (PWR) Gross Margin (2009 - 2026) Analysis & Trends

Quanta Services has disclosed Gross Margin across 18 years of filings, most recently posting 14.06% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 14.06%, up 68.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.1% (up 14.0% YoY), and the FY2025 annual result was 15.01%, up 18.0% from the prior year.
  • Gross Margin came in at 14.06% for Q1 2026 at Quanta Services, down from 15.52% 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.
  • The 5-year median for Gross Margin is 14.76% (2022), against an average of 14.57%.
  • Across the five-year window, Gross Margin sank 141 bps in 2023 and soared 252 bps in 2024, its largest moves.
  • Quanta Services' 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 retreated by 9 bps to 14.06% in 2026.
  • The last three Gross Margin figures came in at 14.06% (Q1 2026), 15.52% (Q4 2025), and 15.94% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn 14.06%
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn 26.33%
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn 18.67%
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn 12.48%
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn 23.53%
6 APi 18.83 Bn 18.18 Bn 620.00 Mn 31.28%
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn 21.51%
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 26.15%
9 Dycom Industries 13.61 Bn 12.90 Bn - -
10 TopBuild 11.46 Bn 11.19 Bn 400.25 Mn 27.68%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 14.92%