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Income Statement
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QUANTA SERVICES, INC. (PWR)

Income Statement

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
Cost of services  4,324.53,855.63,749.13,607.43,417.4  2,552.1
    Gross profit  724.1573.2667.6624.6548.2598.0534.7447.7
Equity in earnings of integral unconsolidated affiliates  9.49.68.118.615.221.210.27.5
Selling, general and administrative expenses  384.2384.6341.1323.2324.9367.6274.8270.1
Amortization of intangible assets  70.072.463.1107.9115.899.922.821.3
Asset impairment charges    11.72.8 3.4 2.3
Change in fair value of contingent consideration liabilities     -0.8-5.2-6.7 0.2
    Operating income  279.3125.9259.4208.4117.5140.1248.1161.7
Interest and other financing expenses  -48.2-41.7 -28.6-24.7  -13.1
Interest income  1.41.51.90.20.1  2.9
Other income (expense), net  3.47.9 -42.5-1.3  8.5
    Income before income taxes  236.093.5 137.491.6  159.9
Provision for income taxes  69.4-3.471.541.36.614.761.641.0
    Net income  166.697.0 96.285.0  119.0
Less: Net income attributable to non-controlling interests  0.71.911.68.10.41.51.01.9
    Net income attributable to common stock  165.995.0 88.084.6  117.0
   
Earnings per share attributable to common stock:          
Basic (in dollars per share)  $1.14$0.66 $0.61$0.59  $0.83
Diluted (in dollars per share)  $1.12$0.64 $0.59$0.57  $0.81
   
Shares used in computing earnings per share:          
Weighted average basic shares outstanding (in shares)  145.4144.5143.2143.9143.5140.8140.0140.3
Weighted average diluted shares outstanding (in shares)  148.8148.7147.5148.2148.1145.4144.3144.6

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