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QUANTA SERVICES, INC. (PWR)

Income Statement Business | Product | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Dec-31-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21
   10-Q10-Q8-K10-Q10-Q10-K8-K10-Q
Total revenues  5,048.64,428.84,416.64,232.03,965.53,923.53,353.32,999.8
            Revenue growth  19.3%11.7%12.6%41.1%46.7%34.7%11.0%19.7%
Cost of goods sold  4,324.53,855.63,749.13,607.43,417.43,325.62,818.62,552.1
Gross profit  724.1573.2667.6624.6548.2598.0534.7447.7
            Gross margin  14.3%12.9%15.1%14.8%13.8%15.2%15.9%14.9%
Selling, general and administrative   [+]384.2384.6341.1323.2324.9367.6274.8270.1
Equity in earnings          
EBITDA   [+]429.2276.6334.2392.3299.1485.5146.0248.2
            EBITDA margin  8.5%6.2%7.6%9.3%7.5%12.4%4.4%8.3%
Depreciation  79.978.4 74.071.0190.1-124.962.8
EBITA  349.3198.3334.2318.3228.1295.4270.8185.5
            EBITA margin  6.9%4.5%7.6%7.5%5.8%7.5%8.1%6.2%
Amortization of intangibles  70.072.463.1107.9115.8165.422.821.3
EBIT   [+]279.3125.9271.1210.3112.3130.0248.1164.2
            EBIT margin  5.5%2.8%6.1%5.0%2.8%3.3%7.4%5.5%
Non-recurring items   [+]  11.72.0-5.2-10.0 2.5
Interest expense, net   [+]46.740.2-1.928.424.765.7 10.2
Other income (expense), net   [+]3.47.9-15.6-42.5-1.346.6-11.18.5
Pre-tax income  236.093.5245.7137.491.6121.0237.0159.9
Income taxes  69.4-3.471.541.36.614.761.641.0
            Tax rate  29.4% 29.1%30.0%7.2%12.1%26.0%25.6%
Minority interest  0.71.911.68.10.41.51.01.9
Net income  165.995.0162.688.084.6104.8174.4117.0
            Net margin  3.3%2.1%3.7%2.1%2.1%2.7%5.2%3.9%
   
Basic EPS   [+]$1.14$0.66$1.14$0.61$0.59$0.74$1.25$0.83
Diluted EPS   [+]$1.12$0.64$1.10$0.59$0.57$0.72$1.21$0.81
   
Shares outstanding (basic)   [+]145.4144.5143.2143.9143.5140.8140.0140.3
Shares outstanding (diluted)   [+]148.8148.7147.5148.2148.1145.4144.3144.6
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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