Quanta Services Inc (PWR)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,346,470 | 1,127,980 | 872,058 | 663,521 | 611,371 |
| Revenue | US$ in thousands | 23,672,800 | 20,882,200 | 17,073,900 | 12,980,200 | 11,202,700 |
| Operating profit margin | 5.69% | 5.40% | 5.11% | 5.11% | 5.46% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,346,470K ÷ $23,672,800K
= 5.69%
Quanta Services Inc's operating profit margin has remained relatively stable over the years, ranging from 5.11% to 5.69%. The company generated an operating profit margin of 5.46% as of December 31, 2020, which decreased slightly to 5.11% by the end of 2021. In 2022 and 2023, the operating profit margin remained consistent at 5.11% before showing a slight improvement to 5.40% as of December 31, 2023. By the end of 2024, Quanta Services Inc was able to increase its operating profit margin to 5.69%, which indicates a positive trend towards improved profitability. Overall, the company has effectively managed its operating expenses relative to its revenue, maintaining a steady operating profit margin over the years.
Peer comparison
Dec 31, 2024