Quanta Services Inc (PWR)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,127,976 | 1,064,857 | 951,319 | 880,402 | 872,058 | 752,727 | 714,013 | 667,308 | 663,521 | 698,960 | 693,098 | 644,363 | 611,371 | 583,281 | 550,460 | 516,124 | 554,874 | 556,909 | 540,076 | 584,535 |
| 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 |
| Operating profit margin | 5.45% | 5.50% | 5.22% | 5.06% | 5.14% | 4.57% | 4.64% | 4.71% | 5.14% | 5.86% | 5.98% | 5.80% | 5.48% | 5.13% | 4.71% | 4.29% | 4.60% | 4.62% | 4.61% | 4.12% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,127,976K ÷ $20,699,050K
= 5.45%
The operating profit margin of Quanta Services, Inc. has shown a consistent performance over the quarters analyzed. The company's operating profit margin ranged from 4.83% to 5.32% in 2023, with the latest reported figure for Q4 2023 being 5.23%. This indicates that Quanta Services, Inc. has been able to maintain a relatively stable level of profitability in its operations during the period.
The gradual increase in operating profit margins from 4.26% in Q3 2022 to 5.23% in Q4 2023 suggests improvements in the company's operational efficiency and cost management. The company has successfully managed to generate higher profits from its core business activities over time.
Overall, the operating profit margin trend of Quanta Services, Inc. demonstrates a positive trajectory, reflecting the company's ability to efficiently control costs and generate profits from its operations. This sustained performance is an encouraging sign for investors and indicates a healthy financial position for the company.
Peer comparison
Dec 31, 2023