Quanta Services (PWR) Net Margin (2009 - 2026)
Quanta Services' (PWR) quarterly Net Margin came in at 2.94% in Q1 2026, up 55.0% year-on-year from 1.9% in Q1 2025, and down 27.2% quarter-over-quarter from 4.04% in Q4 2025.
Quanta Services (PWR) Net Margin (2009 - 2026) Analysis & Trends
Quanta Services has disclosed Net Margin across 18 years of filings, most recently posting 2.94% for Q1 2026.
- Net Margin for Q1 2026 came in at 2.94%, up 55.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.73% (down 9.0% YoY), and the FY2025 annual result was 3.66%, down 26.0% from the prior year.
- Net Margin came in at 2.94% for Q1 2026 at Quanta Services, down from 4.04% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 4.87% in Q3 2023 to a low of 2.14% in Q1 2022.
- The 5-year median for Net Margin is 3.45% (2025), against an average of 3.44%.
- Across the five-year window, Net Margin tumbled 173 bps in 2022 and soared 136 bps in 2023, its largest moves.
- Quanta Services' Net Margin stood at 3.94% in 2022, then slipped by 6 bps to 3.69% in 2023, then climbed by 28 bps to 4.73% in 2024, then fell by 15 bps to 4.04% in 2025, then decreased by 27 bps to 2.94% in 2026.
- The last three Net Margin figures came in at 2.94% (Q1 2026), 4.04% (Q4 2025), and 4.49% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.91 Bn | 103.65 Bn | 1.11 Bn | 2.94% |
| 2 | Comfort Systems Usa | 65.18 Bn | 64.13 Bn | 754.41 Mn | 12.93% |
| 3 | Emcor | 36.65 Bn | 35.73 Bn | 863.95 Mn | 6.60% |
| 4 | Mastec | 28.10 Bn | 27.94 Bn | 477.90 Mn | 1.82% |
| 5 | Sterling Infrastructure | 27.31 Bn | 26.80 Bn | 194.30 Mn | 12.57% |
| 6 | APi | 18.18 Bn | 17.54 Bn | 620.00 Mn | 2.57% |
| 7 | IES Holdings | 14.63 Bn | 14.37 Bn | 254.79 Mn | 11.28% |
| 8 | Jacobs Solutions | 14.18 Bn | 12.80 Bn | 794.89 Mn | -0.08% |
| 9 | Dycom Industries | 13.76 Bn | 13.05 Bn | - | - |
| 10 | TopBuild | 11.17 Bn | 10.90 Bn | 400.25 Mn | 7.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.94% |
| Dec 31, 2025 | 4.04% |
| Sep 30, 2025 | 4.49% |
| Jun 30, 2025 | 3.45% |
| Mar 31, 2025 | 2.39% |
| Dec 31, 2024 | 4.73% |
| Sep 30, 2024 | 4.61% |
| Jun 30, 2024 | 3.43% |
| Mar 31, 2024 | 2.51% |
| Dec 31, 2023 | 3.69% |
| Sep 30, 2023 | 4.87% |
| Jun 30, 2023 | 3.30% |
| Mar 31, 2023 | 2.19% |
| Dec 31, 2022 | 3.94% |
| Sep 30, 2022 | 3.51% |
| Jun 30, 2022 | 2.27% |
| Mar 31, 2022 | 2.14% |
| Dec 31, 2021 | 2.71% |
| Sep 30, 2021 | 5.23% |
| Jun 30, 2021 | 3.97% |