Quanta Services (PWR) Tax Rate (2009 - 2026)
Quanta Services' (PWR) quarterly Tax Rate came in at 25.53% in Q2 2026, down 118.0% year-over-year from 141.85% in Q2 2025, and up 162.62% quarter-over-quarter from 9.72% in Q1 2026.
Analysis
Quanta Services (PWR) Tax Rate (2009 - 2026) Analysis & Trends
Quanta Services has disclosed Tax Rate across 18 years of filings, most recently posting 25.53% for Q2 2026.
- In Q2 2026, Tax Rate fell 118.0% year-over-year to 25.53%; the TTM figure through Jun 2026 stood at 23.08% (down 94.0% YoY), while the FY2025 annual figure was 25.02%, up 152.0% from the prior year.
- Tax Rate came in at 25.53% for Q2 2026 at Quanta Services, up from 9.72% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 31.8% in Q3 2022 to a low of 3.66% in Q1 2023.
- Average Tax Rate over 5 years is 21.95%, with a median of 25.5% recorded in 2024.
- Year-over-year, Tax Rate jumped 1799 bps in 2024 and sank 1139 bps in 2026.
- Over 5 years, Tax Rate stood at 29.12% in 2022, then declined by 10 bps to 26.19% in 2023, then slipped by 3 bps to 25.47% in 2024, then slipped by 4 bps to 24.55% in 2025, then advanced by 4 bps to 25.53% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 25.53% in Q2 2026, 9.72% in Q1 2026, and 24.55% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 97.75 Bn | 97.35 Bn | 1.55 Bn | 25.53% |
| 2 | Mastec | 19.32 Bn | 19.12 Bn | 556.28 Mn | 24.77% |
| 3 | IES Holdings | 13.78 Bn | 13.39 Bn | 340.66 Mn | 25.04% |
| 4 | Dycom Industries | 9.22 Bn | 8.51 Bn | - | - |
| 5 | Everus Construction | 6.09 Bn | 5.92 Bn | 182.92 Mn | 26.73% |
| 6 | Myr | 4.53 Bn | 4.40 Bn | 142.67 Mn | 25.74% |
| 7 | Primoris Services | 4.05 Bn | 3.84 Bn | 82.40 Mn | 33.88% |
| 8 | Centuri Holdings | 2.04 Bn | 2.00 Bn | 69.14 Mn | 50.03% |
| 9 | Magnitude International | 225.45 Mn | 223.35 Mn | - | - |
| 10 | Energy Services of America | 211.94 Mn | 197.26 Mn | 14.32 Mn | 21.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.53% |
| Mar 31, 2026 | 9.72% |
| Dec 31, 2025 | 24.55% |
| Sep 30, 2025 | 25.86% |
| Jun 30, 2025 | 26.71% |
| Mar 31, 2025 | 21.12% |
| Dec 31, 2024 | 25.47% |
| Sep 30, 2024 | 21.61% |
| Jun 30, 2024 | 28.16% |
| Mar 31, 2024 | 14.33% |
| Dec 31, 2023 | 26.19% |
| Sep 30, 2023 | 22.08% |
| Jun 30, 2023 | 29.40% |
| Mar 31, 2023 | -3.66% |
| Dec 31, 2022 | 29.12% |
| Sep 30, 2022 | 31.80% |
| Jun 30, 2022 | 30.02% |
| Mar 31, 2022 | 7.16% |
| Dec 31, 2021 | 12.12% |
| Sep 30, 2021 | 25.99% |