Quanta Services Inc (PWR)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 904,824 | 744,689 | 491,189 | 485,956 | 445,596 |
| Revenue | US$ in thousands | 23,672,800 | 20,882,200 | 17,073,900 | 12,980,200 | 11,202,700 |
| Net profit margin | 3.82% | 3.57% | 2.88% | 3.74% | 3.98% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $904,824K ÷ $23,672,800K
= 3.82%
The net profit margin of Quanta Services Inc has shown some fluctuations over the past five years. Starting at 3.98% on December 31, 2020, it decreased slightly to 3.74% by December 31, 2021. However, there was a more significant decline to 2.88% by December 31, 2022, indicating potential challenges in maintaining profitability during that period. The net profit margin then improved to 3.57% by December 31, 2023, suggesting some recovery in profitability. Finally, by December 31, 2024, the net profit margin increased further to 3.82%, showing a positive trend towards the end of the period under consideration. Overall, while there have been fluctuations in the net profit margin, the company has managed to maintain a level of profitability over the years.
Peer comparison
Dec 31, 2024