Quanta Services Inc (PWR)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 14.19% | 14.53% | 14.57% | 14.67% | 14.91% | 14.94% | 14.99% | 15.03% | 15.12% | 15.27% | 15.47% | 15.32% | 14.88% | 14.40% | 13.72% | 13.04% | 13.26% | 13.07% | 13.06% | 10.88% |
| 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% |
| Pretax margin | 4.66% | 4.71% | 4.34% | 3.93% | 4.03% | 3.45% | 3.75% | 4.27% | 4.78% | 5.59% | 5.73% | 5.53% | 5.06% | 4.74% | 4.25% | 3.81% | 4.70% | 4.57% | 4.51% | 3.97% |
| Net profit margin | 3.60% | 3.60% | 3.18% | 2.88% | 2.90% | 2.63% | 2.94% | 3.39% | 3.76% | 4.62% | 4.65% | 4.47% | 3.99% | 3.46% | 3.14% | 2.66% | 3.33% | 2.82% | 2.81% | 2.65% |
Quanta Services, Inc. has shown relatively stable gross profit margins over the past eight quarters, ranging from 14.07% to 14.81%. This indicates the company's ability to efficiently manage its production costs and generate profits from its core operations.
When looking at the operating profit margin, Quanta Services has also maintained consistency, albeit with some fluctuations, with margins ranging from 4.26% to 5.32%. This demonstrates the company's effectiveness in controlling operating expenses and generating profits from its day-to-day business activities.
In terms of pretax margin, there has been a gradual improvement over the quarters, with margins increasing from 3.49% to 4.75%. This suggests that Quanta Services has been able to manage its pre-tax expenses more effectively and enhance its profitability before accounting for taxes.
However, the net profit margin has shown more variability, ranging from 2.61% to 3.57% over the periods analyzed. While the margins have generally been positive, the fluctuations may indicate potential challenges in managing other costs such as interest, taxes, and non-operating expenses.
Overall, Quanta Services, Inc. has demonstrated reasonable profitability ratios with consistent gross and operating profit margins and improving pretax margins. However, the company might benefit from further optimizing its net profit margins to drive greater bottom-line profitability.
Return on investment
| 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 return on assets (Operating ROA) | 6.95% | 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% | 6.66% | 6.28% | 6.73% | 7.64% |
| Return on assets (ROA) | 4.59% | 4.58% | 3.93% | 3.57% | 3.65% | 3.26% | 3.46% | 3.69% | 3.78% | 5.16% | 6.19% | 5.80% | 5.31% | 4.73% | 4.53% | 3.89% | 4.83% | 3.84% | 4.10% | 4.92% |
| Return on total capital | 18.35% | 18.14% | 16.62% | 14.97% | 15.01% | 13.12% | 13.12% | 13.35% | 13.41% | 15.58% | 15.88% | 15.02% | 14.04% | 14.25% | 14.21% | 13.85% | 15.66% | 10.69% | 10.94% | 12.19% |
| Return on equity (ROE) | 11.87% | 11.63% | 10.13% | 9.10% | 9.12% | 8.34% | 8.81% | 9.36% | 9.51% | 11.90% | 12.03% | 11.35% | 10.26% | 9.48% | 9.37% | 8.45% | 9.93% | 8.72% | 8.72% | 10.10% |
Quanta Services, Inc. has demonstrated consistent profitability over the past eight quarters based on a comparison of various profitability ratios.
The operating return on assets (Operating ROA) has shown an increasing trend from 4.85% in Q1 2022 to 6.73% in Q4 2023, indicating that the company has been able to generate more operating income per dollar of assets over time. This suggests that Quanta Services has been effectively utilizing its assets to generate profits.
The return on assets (ROA) has also seen a steady increase from 3.26% in Q3 2022 to 4.59% in Q4 2023, reflecting an improvement in the company's overall profitability relative to its total assets.
Furthermore, the return on total capital and return on equity (ROE) have both shown an upward trend over the quarters, indicating that Quanta Services has been delivering increasing returns to both its total capital and shareholders' equity. The company's ROE has consistently been higher than its ROA, suggesting that the company has been effectively leveraging equity to generate profits for its shareholders.
Overall, the profitability ratios for Quanta Services, Inc. reflect a positive trend of improving profitability and efficiency in utilizing its assets and capital to generate returns for its investors.