Quanta Services Inc (PWR)

Gross profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Gross profit (ttm) US$ in thousands 3,321,129 2,975,002 2,920,178 2,912,160 2,861,861 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
Revenue (ttm) US$ in thousands 23,672,800 22,903,330 22,030,980 21,485,200 20,882,210 19,514,880 18,353,820 17,537,210 17,073,900 16,580,820 15,474,340 14,242,160 12,980,220 11,968,860 11,635,740 11,142,150 11,202,670 11,403,290 11,736,030 12,069,000
Gross profit margin 14.03% 12.99% 13.25% 13.55% 13.70% 14.41% 14.46% 14.56% 14.81% 14.83% 14.90% 14.95% 15.05% 15.22% 15.42% 15.27% 14.83% 14.37% 13.67% 13.00%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,321,129K ÷ $23,672,800K
= 14.03%

Quanta Services Inc's gross profit margin has shown some fluctuations over the given period. The margin started at 13.00% as of March 31, 2020, before gradually increasing to 15.42% by June 30, 2021. However, it slightly declined to 14.95% by March 31, 2022, and continued to fluctuate around this level.

Overall, the trend suggests that Quanta Services Inc has been able to maintain a relatively stable gross profit margin, with a slight decrease towards the end of the period. This indicates that the company has been managing its production and operational costs effectively to generate profits from its core business activities. The variations in the gross profit margin should be further analyzed to understand the factors influencing the company's profitability during different quarters.


Peer comparison

Dec 31, 2024

Company name
Symbol
Gross profit margin
Quanta Services Inc
PWR
14.03%
Comfort Systems USA Inc
FIX
20.63%
EMCOR Group Inc
EME
18.98%