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

Company name
Symbol
Operating profit margin
Quanta Services Inc
PWR
5.45%
Comfort Systems USA Inc
FIX
8.04%
EMCOR Group Inc
EME
6.96%