Quanta Services Inc (PWR)
Return on total capital
| 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 interest and tax (EBIT) (ttm) | US$ in thousands | 1,347,227 | 1,191,932 | 1,150,196 | 1,120,338 | 1,111,937 | 1,077,684 | 962,493 | 885,990 | 858,281 | 705,553 | 668,377 | 631,287 | 631,937 | 684,577 | 684,692 | 638,015 | 613,327 | 596,946 | 572,944 | 546,262 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 7,317,730 | 7,070,620 | 6,567,640 | 6,356,620 | 6,272,240 | 5,987,310 | 5,720,930 | 5,513,420 | 5,383,460 | 5,196,050 | 5,127,020 | 5,137,520 | 5,112,300 | 4,630,710 | 4,486,730 | 4,374,940 | 4,344,180 | 4,151,950 | 3,914,430 | 3,790,490 |
| Return on total capital | 18.41% | 16.86% | 17.51% | 17.62% | 17.73% | 18.00% | 16.82% | 16.07% | 15.94% | 13.58% | 13.04% | 12.29% | 12.36% | 14.78% | 15.26% | 14.58% | 14.12% | 14.38% | 14.64% | 14.41% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $1,347,227K ÷ ($—K + $7,317,730K)
= 18.41%
The return on total capital of Quanta Services Inc has shown fluctuations over the periods analyzed. It started at 14.41% in March 2020 and experienced slight variations until reaching 14.12% by December 2020. Subsequently, there was an increase to 15.26% by June 2021, followed by a decrease to 12.36% in December 2021. However, there was a gradual improvement in the return on total capital, reaching a peak of 18.41% by December 2024. Overall, the trend indicates some volatility but with an upward trajectory in the later periods, showcasing an improvement in the company's efficiency in generating returns in relation to its total capital.
Peer comparison
Dec 31, 2024