Quanta Services, Inc. (PWR) FY2024 YTD Q3 P&L / Income Statement

Revenue by Basis of Pricing

2024-01-01 to 2024-09-30

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Quanta Services, Inc. (PWR) FY2024 YTD Q3 P&L / Income StatementIncome statement for 2024-01-01 through 2024-09-30. View: Contract with Customer, Basis of Pricing. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETFixed price contractsUnit-price contractsCost-plus contractsRevenuesGross profitCost of servicesOperating incomeOperating costs, net of other operating income (calculated)Selling, general and administrative expensesAmortization of intangible assetsEquity in earnings of integral unconsolidated affiliatesChange in fair value of contingent consideration liabilitiesIncome before income taxesOther income (expense), net (calculated)Net incomeProvision for income taxesRevenuesRevenues$17.12 BGross profitGross profit$2.45 BOperating incomeOperating income$893.75 MIncome before income taxesPretax income$795.71 MNet incomeNet income$617.00 MOperating costs, net of other operating income (calculated)Operating costs,net (calculated)$1.55 BFixed price contractsFixed price contracts$9.49 BProvision for income taxesProvision forincome taxes$178.72 MCost of servicesCost of services$14.67 BSelling, general and administrative expensesSelling, general andadministrative expenses$1.32 BOther income (expense), net (calculated)Other income,net (calculated)−$98.03 MAmortization of intangible assetsAmortization of intangible assets$267.15 MEquity in earnings of integral unconsolidated affiliatesEquity in earnings of integralunconsolidated affiliates−$34.94 MUnit-price contractsUnit-price contracts$4.83 BCost-plus contractsCost-plus contracts$2.80 BChange in fair value of contingent consideration liabilitiesChange in fair value of contingentconsideration liabilities$2.86 M
Chart details

Quanta Services, Inc. (PWR) FY2024 YTD Q3 P&L / Income Statement

Income statement for 2024-01-01 through 2024-09-30. View: Contract with Customer, Basis of Pricing. 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
Fixed price contracts
9,489,949,000 US dollars
Unit-price contracts
4,830,577,000 US dollars
Cost-plus contracts
2,798,847,000 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

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.
Quanta Services, Inc. (PWR) FY2024 YTD Q3 Revenue by Basis of Pricing Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

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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