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

Company name
Symbol
Net profit margin
Quanta Services Inc
PWR
3.60%
Comfort Systems USA Inc
FIX
6.21%
EMCOR Group Inc
EME
5.03%