Quanta Services, Inc. (PWR) FY2024 Annual P&L / Income Statement

Quanta Services, Inc. (PWR) FY2024 Annual P&L / Income Statement

Income statement for 2024-01-01 through 2024-12-31. View: Contract with Customer, Basis of Pricing. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenues

23,672,795,000 US dollars

Cost of services

20,162,034,000 US dollars

Gross profit

3,510,761,000 US dollars

Operating costs, net of other operating income (calculated)

2,164,293,000 US dollars

Operating income

1,346,468,000 US dollars

Other income (expense), net (calculated)

negative 134,438,000 US dollars

Income before income taxes

1,212,030,000 US dollars

Provision for income taxes

284,747,000 US dollars

Net income

927,283,000 US dollars

Fixed price contracts

13,307,321,000 US dollars

Unit-price contracts

6,475,714,000 US dollars

Cost-plus contracts

3,889,760,000 US dollars

Selling, general and administrative expenses

1,824,754,000 US dollars

Change in fair value of contingent consideration liabilities

7,064,000 US dollars

Amortization of intangible assets

382,959,000 US dollars

Asset impairment charges

0 US dollars

Equity in earnings of integral unconsolidated affiliates

negative 50,484,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Of which attributable to Quanta Services, Inc.: $904.82 M; to noncontrolling interests: $22.46 M.