Quanta Services (PWR) Operating Margin (2009 - 2026)
Quanta Services' (PWR) quarterly Operating Margin came in at 7.27% in Q2 2026, up 180.0% year-over-year from 2.6% in Q2 2025, and up 69.0% quarter-over-quarter from 4.3% in Q1 2026.
Analysis
Quanta Services (PWR) Operating Margin (2009 - 2026) Analysis & Trends
Quanta Services has disclosed Operating Margin across 18 years of filings, most recently posting 7.27% for Q2 2026.
- In Q2 2026, Operating Margin rose 180.0% year-over-year to 7.27%; the TTM figure through Jun 2026 stood at 6.19% (up 46.0% YoY), while the FY2025 annual figure was 5.66%, down 3.0% from the prior year.
- Operating Margin came in at 7.27% for Q2 2026 at Quanta Services, up from 4.3% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 7.27% in Q2 2026 to a low of 2.84% in Q1 2023.
- Average Operating Margin over 5 years is 5.4%, with a median of 5.55% recorded in 2023.
- The largest YoY upside for Operating Margin was 230 bps in 2022 against a maximum downside of 124 bps in 2022.
- Over 5 years, 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 climbed by 18 bps to 7.27% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 7.27% in Q2 2026, 4.3% in Q1 2026, and 6.18% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 97.75 Bn | 97.35 Bn | 1.55 Bn | 7.27% |
| 2 | Mastec | 19.32 Bn | 19.12 Bn | 556.28 Mn | 5.17% |
| 3 | IES Holdings | 13.78 Bn | 13.39 Bn | 340.66 Mn | 14.37% |
| 4 | Dycom Industries | 9.22 Bn | 8.51 Bn | - | - |
| 5 | Everus Construction | 6.09 Bn | 5.92 Bn | 182.92 Mn | 9.08% |
| 6 | Myr | 4.53 Bn | 4.40 Bn | 142.67 Mn | 6.28% |
| 7 | Primoris Services | 4.05 Bn | 3.84 Bn | 82.40 Mn | -1.59% |
| 8 | Centuri Holdings | 2.04 Bn | 2.00 Bn | 69.14 Mn | 2.51% |
| 9 | Magnitude International | 225.45 Mn | 223.35 Mn | - | - |
| 10 | Energy Services of America | 211.94 Mn | 197.26 Mn | 14.32 Mn | 3.56% |
Historic Data
Download Data
Historic 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% |