Quanta Services (PWR) Operating Margin (2009 - 2026)
Quanta Services (PWR) posted Operating Margin of 7.27% for Q2 2026, up 69.0% sequentially from 4.3% in Q1 2026, and up 180.0% YoY from 2.6% in Q2 2025.
Quanta Services (PWR) Operating Margin (2009 - 2026) Analysis & Trends
Quanta Services has reported Operating Margin for 18 years, with the latest figure at 7.27% in Q2 2026.
- Quarterly Operating Margin rose 180.0% year-over-year to 7.27% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 6.19% (up 46.0% YoY) and the FY2025 annual result came in at 5.66%, down 3.0% from the prior year.
- Operating Margin advanced to 7.27% in Q2 2026 per PWR's latest filing, from 4.3% in the prior quarter.
- Over five years, Operating Margin peaked at 7.27% in Q2 2026 and troughed at 2.84% in Q1 2023.
- A 5-year average of 5.4% and a median of 5.55% in 2023 frame the typical range for Operating Margin.
- The widest YoY moves for Operating Margin: up 230 bps in 2022, down 124 bps in 2022.
- Over 5 years, Operating Margin stood at 5.87% in 2022, then fell by 5 bps to 5.58% in 2023, then rose by 24 bps to 6.91% in 2024, then decreased by 10 bps to 6.18% in 2025, then increased by 18 bps to 7.27% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 7.27%, 4.3%, and 6.18% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 96.39 Bn | 95.88 Bn | 1.55 Bn | 7.27% |
| 2 | Comfort Systems Usa | 58.32 Bn | 56.46 Bn | 844.23 Mn | 17.09% |
| 3 | Ferrovial | 45.15 Bn | 40.18 Bn | - | - |
| 4 | Emcor | 34.54 Bn | 33.61 Bn | 1.02 Bn | 10.62% |
| 5 | IES Holdings | 27.27 Bn | 26.88 Bn | 340.66 Mn | 14.37% |
| 6 | Mastec | 20.83 Bn | 20.51 Bn | 556.28 Mn | 5.17% |
| 7 | APi | 17.90 Bn | 17.04 Bn | 703.00 Mn | 7.76% |
| 8 | Jacobs Solutions | 17.64 Bn | 16.47 Bn | 810.70 Mn | 7.03% |
| 9 | Sterling Infrastructure | 15.87 Bn | 15.41 Bn | 289.96 Mn | 18.77% |
| 10 | Dycom Industries | 11.35 Bn | 10.64 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.27% |
| 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% |