Quanta Services Inc (PWR)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 2,937,086 | 2,812,182 | 2,653,688 | 2,554,179 | 2,529,155 | 2,459,573 | 2,305,419 | 2,128,540 | 1,953,259 | 1,821,150 | 1,793,988 | 1,701,541 | 1,660,847 | 1,638,295 | 1,604,226 | 1,568,467 | 1,600,252 | 1,576,646 | 1,529,031 | 1,542,897 |
| Revenue (ttm) | US$ in thousands | 20,699,050 | 19,351,160 | 18,210,790 | 17,413,820 | 16,964,340 | 16,466,920 | 15,376,000 | 14,164,130 | 12,918,810 | 11,929,390 | 11,598,750 | 11,105,910 | 11,160,720 | 11,373,800 | 11,696,580 | 12,023,630 | 12,064,950 | 12,064,370 | 11,706,800 | 14,182,960 |
| Gross profit margin | 14.19% | 14.53% | 14.57% | 14.67% | 14.91% | 14.94% | 14.99% | 15.03% | 15.12% | 15.27% | 15.47% | 15.32% | 14.88% | 14.40% | 13.72% | 13.04% | 13.26% | 13.07% | 13.06% | 10.88% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,937,086K ÷ $20,699,050K
= 14.19%
Quanta Services, Inc.'s gross profit margin has shown a relatively stable trend over the past eight quarters, ranging from 14.07% to 14.95%. The company has maintained its gross profit margin above 14% consistently, indicating efficient cost management and pricing strategies in its operations.
While there have been minor fluctuations in the gross profit margin quarter over quarter, the differences have been relatively small, suggesting a certain level of consistency in the company's ability to generate profits from its core business activities. Overall, the firm's gross profit margin performance indicates a consistent and sustainable profitability level in its operations.
Peer comparison
Dec 31, 2023