Quanta Services Inc (PWR)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 904,824 | 810,612 | 790,263 | 768,003 | 744,689 | 696,353 | 579,473 | 501,594 | 491,189 | 433,414 | 451,823 | 480,836 | 485,956 | 551,210 | 539,758 | 496,671 | 445,596 | 393,689 | 366,844 | 320,242 |
| 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 |
| ROA | 4.84% | 4.30% | 4.96% | 4.94% | 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $904,824K ÷ $18,683,900K
= 4.84%
Quanta Services Inc's return on assets (ROA) has shown variations over the period from March 31, 2020, to December 31, 2024. The ROA started at 3.89% in March 2020 and steadily increased to a peak of 6.19% in June 2021. However, it began to decline gradually thereafter, reaching 3.65% by December 31, 2022. Over the next two years, the ROA fluctuated within a range, with some quarters showing slight improvement, such as March 31, 2023 (3.57%) and June 30, 2023 (3.93%).
The highest point during this period was noted at 4.96% in June 2024, followed by a slight decrease to 4.30% by September 30, 2024. Ultimately, the ROA stood at 4.84% by December 31, 2024. Overall, Quanta Services Inc's ROA trend suggests periods of improvement followed by fluctuations and minor declines, indicating varying operational efficiency and asset utilization during the analyzed timeframe. Further analysis of the company's financial and operational strategies may be necessary to understand the underlying factors contributing to these fluctuations in ROA.
Peer comparison
Dec 31, 2024