Quanta Services Inc (PWR)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,348,144 | 1,229,287 | 1,198,455 | 1,168,822 | 1,139,328 | 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 |
| Total assets | US$ in thousands | 18,683,900 | 18,866,300 | 15,929,200 | 15,542,400 | 16,237,200 | 15,188,400 | 14,740,800 | 14,039,100 | 13,464,300 | 13,296,600 | 13,049,600 | 13,015,100 | 12,855,200 | 10,675,700 | 8,720,600 | 8,557,410 | 8,398,270 | 8,325,490 | 8,089,630 | 8,228,940 |
| Operating ROA | 7.22% | 6.52% | 7.52% | 7.52% | 7.02% | 7.01% | 6.45% | 6.27% | 6.48% | 5.66% | 5.47% | 5.13% | 5.16% | 6.55% | 7.95% | 7.53% | 7.28% | 7.01% | 6.80% | 6.27% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,348,144K ÷ $18,683,900K
= 7.22%
Quanta Services Inc's operating return on assets (operating ROA) has shown fluctuations over the period under review. It started at 6.27% as of March 31, 2020, and gradually increased to 7.95% by June 30, 2021. Subsequently, there was a decline in the operating ROA, reaching 5.16% by December 31, 2021. The trend continued with fluctuations in the following quarters, with a slight increase seen in the last quarter of 2022 at 6.48%.
Moving into 2023, the operating ROA remained relatively stable, hovering around the 6.27% to 7.52% range. Notable peaks were observed in March 31, 2023, and June 30, 2024, with an operating ROA of 7.52%. However, by September 30, 2024, there was a drop to 6.52%, only to rebound to 7.22% by December 31, 2024.
Overall, Quanta Services Inc's operating ROA demonstrates variability in performance over the analyzed period, with some periods of improvement followed by fluctuations. Monitoring this metric closely can provide insights into the company's operational efficiency and asset utilization.
Peer comparison
Dec 31, 2024