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

Quanta Services' (PWR) quarterly Operating Margin came in at 4.3% in Q1 2026, up 47.0% year-on-year from 2.93% in Q1 2025, and down 30.43% quarter-over-quarter from 6.18% in Q4 2025.

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

Quanta Services has disclosed Operating Margin across 18 years of filings, most recently posting 4.3% for Q1 2026.

  • Operating Margin for Q1 2026 came in at 4.3%, up 47.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 5.68% (down 7.0% YoY), and the FY2025 annual result was 5.66%, down 3.0% from the prior year.
  • Operating Margin came in at 4.3% for Q1 2026 at Quanta Services, down from 6.18% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 7.12% in Q3 2023 to a low of 2.84% in Q1 2023.
  • The 5-year median for Operating Margin is 5.53% (2023), against an average of 5.29%.
  • Peak annual rise in Operating Margin reached 230 bps in 2022, while the deepest fall reached 124 bps in 2022.
  • Quanta Services' Operating Margin stood at 5.87% in 2022, then dropped by 5 bps to 5.58% in 2023, then grew by 24 bps to 6.91% in 2024, then fell by 10 bps to 6.18% in 2025, then sank by 30 bps to 4.3% in 2026.
  • The last three Operating Margin figures came in at 4.3% (Q1 2026), 6.18% (Q4 2025), and 6.78% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn 4.30%
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn 16.95%
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn 8.73%
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn 3.70%
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn 16.69%
6 APi 18.83 Bn 18.18 Bn 620.00 Mn 5.20%
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn -2.20%
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 11.52%
9 Dycom Industries 13.61 Bn 12.90 Bn - -
10 TopBuild 11.46 Bn 11.19 Bn 400.25 Mn 12.11%

Historic Data

Download Data
DateValue
Mar 31, 2026 4.30%
Dec 31, 2025 6.18%
Sep 30, 2025 6.78%
Jun 30, 2025 5.47%
Mar 31, 2025 3.84%
Dec 31, 2024 6.91%
Sep 30, 2024 6.64%
Jun 30, 2024 5.49%
Mar 31, 2024 3.09%
Dec 31, 2023 5.58%
Sep 30, 2023 7.12%
Jun 30, 2023 5.53%
Mar 31, 2023 2.84%
Dec 31, 2022 5.87%
Sep 30, 2022 6.43%
Jun 30, 2022 4.92%
Mar 31, 2022 2.96%
Dec 31, 2021 3.57%
Sep 30, 2021 7.40%
Jun 30, 2021 5.39%