Quanta Services Inc (PWR)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 744,689 | 696,353 | 579,473 | 501,594 | 491,189 | 433,414 | 451,823 | 480,836 | 485,956 | 551,210 | 539,758 | 496,671 | 445,596 | 393,689 | 366,844 | 320,242 | 402,044 | 340,716 | 329,199 | 376,261 |
| 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 |
| Net profit margin | 3.60% | 3.60% | 3.18% | 2.88% | 2.90% | 2.63% | 2.94% | 3.39% | 3.76% | 4.62% | 4.65% | 4.47% | 3.99% | 3.46% | 3.14% | 2.66% | 3.33% | 2.82% | 2.81% | 2.65% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $744,689K ÷ $20,699,050K
= 3.60%
Quanta Services, Inc. has demonstrated relatively stable net profit margins over the past eight quarters, ranging from 2.61% to 3.57%. The net profit margin indicates the company's ability to translate revenues into profits after accounting for all expenses.
In the most recent quarter, Q4 2023, Quanta Services, Inc. reported a net profit margin of 3.57%. This indicates that for every dollar in revenue generated, the company was able to retain $0.0357 as profit. The consistent profitability reflected in the stable net profit margins is a positive indication of the company's efficiency in managing costs and generating profits.
Although there was a slight decrease in net profit margin from Q3 2023 to Q4 2023, the overall trend over the past year shows a positive performance. It is essential for Quanta Services, Inc. to continue monitoring and managing its cost structure to sustain and potentially improve its profitability in the future.
Peer comparison
Dec 31, 2023