PWR
Quanta Services, Inc.

Quanta Services, Inc.PWR

Industrials · Engineering & Construction
642.63USD
+0.00%
Sep 23, 2026
PWR overview ready
Quanta is a large-scale self-perform infrastructure provider that designs, engineers, constructs, upgrades, and maintains electric transmission, distribution, substation, generation, storage, and load-center electrical infrastructure.
Strong narrative exposure
Exposed to the Electric Grid Capacity Expansion narrative through Grid Interconnection and Electrical Construction — infrastructure supplier.
An early price trend
Longer-term context reads mature trend, with a near-term setup of daily advance.
Fair valuation
The price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably balanced.
Unremarkable fundamentals
Primary risk
Exposure to cyclical capital spending in utility and energy sectors.
Market Sep 22Filing Jun 30Price action Sep 22Research Sep 11

Conviction Level

NarrativeHeat9.1ThemeHeat9.0PriceAction6.9Valuation4.4CompanyPosition7.3
Price
Loading price history…

Price Action

An early price trend
Longer-term context reads mature trend, with a near-term setup of daily advance.
EntryReset + recovery

The stock remains extended from its long-term weekly base, but the recent reset toward the daily SMA200 aligned with support at the weekly EMA21. Daily structure is recovering above the fast averages, improving the current entry location.

Key Financials

Market Cap
$96.6B
Avg Volume (60D)
1.1M
60 sessions
Revenue Growth YoY
+20.3%
FY2025 vs FY2024
Gross Margin
+15.5%
Trailing twelve months
Operating Margin
+6.2%
Trailing twelve months
Free Cash Flow Yield
+2.5%
Distance from 200DMA
+7.5%
Next Earnings
2026-10-29
P/E
72.8x
EV / Sales
3.1x
Market metrics as of Sep 22, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

Only one valuation perspective could be built for this company, and it reads fair.
Quanta Services, Inc. has a Fair valuation stance because the price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably balanced.

Company Research

Thesis
Quanta is a large-scale self-perform infrastructure provider that designs, engineers, constructs, upgrades, and maintains electric transmission, distribution, substation, generation, storage, and load-center electrical infrastructure.
Opportunity
Moderate opportunity
Utility, generation, storage, and large-load projects require specialized engineering, construction, energization, and field-services capacity to add transmission, substations, distribution upgrades, and interconnection infrastructure.
Key risk
Exposure to cyclical capital spending in utility and energy sectors.

Narrative & Theme

Electric Grid Capacity Expansion
Part of Grid Interconnection and Electrical Construction, with strong fit.
PWR is a genuine, direct operating beneficiary of grid-capacity expansion rather than a generic industrial adjacency.
Narrative HeatHot9.1 / 10
Theme HeatHot9.0 / 10

Business & Markets

Industrials · Engineering & Construction
What they do

Quanta Services provides infrastructure solutions by designing, constructing, upgrading, and maintaining electric power transmission and distribution systems, substations, and related infrastructure primarily for utility and energy sectors.

How it earns

The company generates revenue primarily through project-based contracts for infrastructure design, construction, and maintenance services.

Products & services
Electric power transmission and distribution infrastructure construction and maintenance
Substation facility design and upgrade
Smart grid technology installation and maintenance
Customers & end markets
Electric and gas utilities
Power generation companies
Pipeline and energy industries
Manufacturing and communications sectors
Market position

Quanta Services is a leading provider in the electric and gas utility infrastructure construction and maintenance market.

Demand drivers
Medium cyclicality

Business is influenced by capital expenditure cycles in utility and energy sectors but supported by ongoing infrastructure needs.

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