Quanta Services Inc (PWR)

Pretax margin

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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 1,212,030 1,085,121 1,054,726 1,023,594 969,956 926,231 804,390 705,851 703,886 579,159 586,932 609,442 622,901 673,666 670,864 618,726 571,346 545,557 503,308 465,071
Revenue (ttm) US$ in thousands 23,672,800 22,903,330 22,030,980 21,485,200 20,882,210 19,514,880 18,353,820 17,537,210 17,073,900 16,580,820 15,474,340 14,242,160 12,980,220 11,968,860 11,635,740 11,142,150 11,202,670 11,403,290 11,736,030 12,069,000
Pretax margin 5.12% 4.74% 4.79% 4.76% 4.64% 4.75% 4.38% 4.02% 4.12% 3.49% 3.79% 4.28% 4.80% 5.63% 5.77% 5.55% 5.10% 4.78% 4.29% 3.85%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,212,030K ÷ $23,672,800K
= 5.12%

The pretax margin of Quanta Services Inc has shown some fluctuations over the past few years. From March 31, 2020, to December 31, 2022, the pretax margin generally increased, reaching its peak at 5.77% on June 30, 2021. However, in the subsequent quarters, the pretax margin experienced a decline, dropping to 3.49% on September 30, 2022.

Throughout 2023 and the first three quarters of 2024, the pretax margin showed some variability but generally remained in a range between 4% to 5.12%. Notably, the pretax margin increased to 5.12% on December 31, 2024, which is the highest level observed in the data provided.

Overall, the trend in Quanta Services Inc's pretax margin indicates some level of volatility, with periods of both growth and decline. It's important for investors and analysts to monitor the company's operating efficiency and profitability closely to assess its financial performance accurately.


Peer comparison

Dec 31, 2024

Company name
Symbol
Pretax margin
Quanta Services Inc
PWR
5.12%
Comfort Systems USA Inc
FIX
9.49%
EMCOR Group Inc
EME
9.46%