Quanta Services, Inc. (PWR) FY2024 YTD Q3 P&L / Income Statement
2024-01-01 to 2024-09-30
Revenue by Business Segment
2024-01-01 to 2024-09-30
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Quanta Services, Inc. (PWR) FY2024 YTD Q3 P&L / Income Statement
Income statement for 2024-01-01 through 2024-09-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Revenues
- 17,119,373,000 US dollars
- Cost of services
- 14,671,978,000 US dollars
- Gross profit
- 2,447,395,000 US dollars
- Operating costs, net of other operating income (calculated)
- 1,553,650,000 US dollars
- Operating income
- 893,745,000 US dollars
- Other income (expense), net (calculated)
- negative 98,033,000 US dollars
- Income before income taxes
- 795,712,000 US dollars
- Provision for income taxes
- 178,716,000 US dollars
- Net income
- 616,996,000 US dollars
- Electric Power
- 7,761,480,000 US dollars
- Renewable Energy
- 5,870,411,000 US dollars
- Underground and Infrastructure
- 3,487,482,000 US dollars
- Change in fair value of contingent consideration liabilities
- 2,864,000 US dollars
- Selling, general and administrative expenses
- 1,318,574,000 US dollars
- Amortization of intangible assets
- 267,147,000 US dollars
- Equity in earnings of integral unconsolidated affiliates
- negative 34,935,000 US dollars
- Electric Power costs (calculated)
- 6,915,090,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- Renewable Energy costs (calculated)
- 5,411,335,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- Underground and Infrastructure costs (calculated)
- 3,265,045,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- Reconciling items (calculated)
- 634,158,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
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.: $599.70 M; to noncontrolling interests: $17.29 M.

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Gross margin
14.3%
Gross profit / revenue
Operating margin
5.2%
Operating profit / revenue
Cash conversion
221.9%
Operating cash / net income, same period
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