Quanta Services Inc (PWR)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	3,510,760	2,937,090	2,529,160	1,953,260	1,660,850
Revenue	US$ in thousands	23,672,800	20,882,200	17,073,900	12,980,200	11,202,700
Gross profit margin		14.83%	14.07%	14.81%	15.05%	14.83%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $3,510,760K ÷ $23,672,800K
= 14.83%

Quanta Services Inc's gross profit margin has shown some fluctuations over the years based on the provided data. In 2020, the gross profit margin was 14.83%, which increased slightly to 15.05% in 2021. However, in 2022, the margin decreased to 14.81% before further declining to 14.07% in 2023. By the end of 2024, the gross profit margin returned to its initial level of 14.83%. These variations indicate some level of volatility in the company's ability to generate profit from its core business operations over the period analyzed.

Peer comparison

Dec 31, 2024

Company name

Symbol

Gross profit margin

Quanta Services Inc

PWR

14.83%

Comfort Systems USA Inc