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Income Statement
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QUANTA SERVICES, INC. (PWR)

Cash Flow 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
Cash Flows from Operating Activities:          
    Net income  166.697.0 96.285.0  119.0
    Adjustments to reconcile net income to net cash from operating activities:          
        Depreciation  79.978.4 74.071.0  62.8
        Amortization of intangible assets  70.072.4 107.9115.8  21.3
        Equity in earnings of unconsolidated affiliates, net of distributions  4.418.5 4.7-20.5-28.7 -8.1
        Gain on sale of property and equipment  -8.4-3.5 -1.3-2.2-9.1 -4.9
        Non-cash stock-based compensation  34.627.5 28.123.0  23.9
        Changes in assets and liabilities, net of non-cash transactions:          
            Accounts and notes receivable  -335.6-27.9 -138.8-25.2  -76.5
            Prepaid expenses and other current assets  -135.8  -55.9    
            Accounts payable and accrued expenses and other non-current liabilities  334.3-33.6 115.8-57.9  64.0
                Net cash provided by operating activities  127.438.4583.1118.785.1250.017.9188.9
   
Cash Flows from Investing Activities:          
    Capital expenditures  -105.3-80.3 -121.6-109.9-385.9 -74.9
    Cash paid for acquisitions, net of cash, cash equivalents and restricted cash acquired   -452.3 -4.8 -2,451.7 -35.3
    Investments in unconsolidated affiliates and other  -0.1-5.5 -8.3-8.3-139.0 -0.3
    Other, net  -1.1  -0.3    
        Net cash used in investing activities  -78.7-488.6-90.2-117.9-93.1-2,701.3-57.9-96.4
   
Cash Flows from Financing Activities:          
    Borrowings under credit facility and commercial paper program  5,454.54,431.1 1,520.21,369.2  1,055.6
    Payments under credit facility and commercial paper program  -5,340.2-4,053.6 -1,444.0-1,303.2-4,269.1 -0.8
    Payments related to tax withholding for share-based compensation  -2.1-108.7 -65.0-11.3-65.0 -36.6
    Repurchase of common stock     -84.9-9.5-66.7 -29.4
        Net cash provided by (used in) financing activities  93.6242.7 -87.516.6  -81.8
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash  1.9-1.6 -0.80.4  1.3

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