← QUANTA SERVICES, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Accounts receivable, net | $1.5b | $2.0b | $2.4b | $2.7b | $2.7b | $3.4b | $3.7b | $4.4b | $5.2b | $6.8b | |
| Cash and Cash Equivalents, at Carrying Value | $112.2m | $138.3m | $78.7m | $164.8m | $184.6m | $229.1m | $428.5m | $1.3b | $742.0m | $439.5m | |
| Cash and cash equivalents | $112.2m | $138.3m | $78.7m | $164.8m | $184.6m | $229.1m | $428.5m | $1.3b | $742.0m | $439.5m | |
| Prepaid Expense and Other Assets, Current | $114.6m | $168.4m | $208.1m | $261.3m | $183.4m | $215.1m | $249.6m | $387.1m | $469.3m | $724.3m | |
| Prepaid expenses and other current assets | $114.6m | $168.4m | $208.1m | $261.3m | $183.4m | $215.1m | $249.6m | $387.1m | $469.3m | $724.3m | |
| Inventory, Net | $88.5m | $80.9m | $107.7m | $55.7m | $50.5m | $84.7m | $103.3m | $175.7m | $260.2m | $370.4m | |
| Assets, Current | $2.3b | $2.9b | $3.3b | $3.8b | $3.6b | $4.7b | $5.5b | $7.7b | $7.9b | $9.9b | |
| Total current assets | $2.3b | $2.9b | $3.3b | $3.8b | $3.6b | $4.7b | $5.5b | $7.7b | $7.9b | $9.9b | |
| Property, Plant and Equipment, Net | $1.2b | $1.3b | $1.3b | $1.4b | $1.6b | $1.9b | $2.0b | $2.3b | $2.7b | $3.5b | |
| Goodwill | $1.6b | $1.9b | $1.9b | $2.0b | $2.1b | $3.5b | $3.6b | $4.0b | $5.3b | $7.3b | |
| Intangible Assets, Net (Excluding Goodwill) | $187.0m | $263.2m | $280.2m | $413.7m | $435.7m | $1.8b | $1.5b | $1.4b | $1.9b | $2.9b | |
| Other intangible assets, net | $187.0m | $263.2m | $280.2m | $413.7m | $435.7m | $1.8b | $1.5b | $1.4b | $1.9b | $2.9b | |
| Operating Lease, Right-of-Use Asset | — | — | — | $284.4m | $256.8m | $240.6m | $229.7m | $249.4m | $299.9m | $400.8m | |
| Operating lease right-of-use assets | — | — | — | $284.4m | $256.8m | $240.6m | $229.7m | $249.4m | $299.9m | $400.8m | |
| Other Assets, Noncurrent | $101.0m | $189.9m | $293.6m | $393.3m | $435.7m | $632.2m | $622.7m | $565.6m | $655.7m | $944.0m | |
| Other assets, net | $101.0m | $189.9m | $293.6m | $393.3m | $435.7m | $632.2m | $622.7m | $565.6m | $655.7m | $944.0m | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $1.5b | $2.0b | $2.4b | $2.7b | $2.7b | $3.4b | $3.7b | $4.4b | $5.2b | $6.8b | |
| Contract assets | — | $497.3m | $576.9m | $601.3m | $453.8m | $803.5m | $1.1b | $1.4b | $1.2b | $1.5b | |
| Contract liabilities | — | $433.4m | $426.0m | $606.1m | $528.9m | $802.9m | $1.1b | $1.5b | $2.1b | $3.3b | |
| Current portion of operating lease liabilities | — | — | — | $92.5m | $85.1m | $78.3m | $74.1m | $78.0m | $94.2m | $114.4m | |
| Deferred income taxes | $192.8m | $179.4m | $219.1m | $214.8m | $166.4m | $191.1m | $227.9m | $254.0m | $353.3m | $502.6m | |
| Insurance and other non-current liabilities | $259.7m | $342.4m | $404.6m | $311.3m | $391.2m | $487.3m | $567.5m | $636.2m | $650.3m | $1.1b | |
| Non-controlling interests | $3.3m | $4.1m | $1.3m | $3.5m | $4.8m | $4.6m | $15.4m | $11.1m | $12.0m | $89.6m | |
| Operating lease liabilities, net of current portion | — | — | — | $196.5m | $178.8m | $170.4m | $171.5m | $187.0m | $222.4m | $309.7m | |
| Total equity | $3.3b | $3.8b | $3.6b | $4.1b | $4.3b | $5.1b | $5.4b | $6.3b | $7.3b | $9.0b | |
| Total stockholders’ equity | $3.3b | $3.8b | $3.6b | $4.1b | $4.3b | $5.1b | $5.4b | $6.3b | $7.3b | $8.9b | |
| Assets | $5.4b | $6.5b | $7.1b | $8.3b | $8.4b | $12.9b | $13.5b | $16.2b | $18.7b | $24.9b | |
| Total assets | $5.4b | $6.5b | $7.1b | $8.3b | $8.4b | $12.9b | $13.5b | $16.2b | $18.7b | $24.9b | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Accounts payable and accrued expenses | $922.8m | $1.1b | $1.3b | $1.5b | $1.5b | $2.3b | $2.2b | $3.1b | $3.7b | $4.6b | |
| Current maturities of long-term debt | $7.6m | $1.2m | $65.6m | $74.9m | $14.8m | $29.2m | $37.5m | $535.2m | $62.7m | $763.9m | |
| Deferred Revenue, Current | $15.5m | $16.0m | — | — | — | — | — | — | — | — | |
| Long-term Debt, Current Maturities | $4.8m | $1.2m | $32.2m | $74.9m | $14.8m | $29.2m | $37.5m | — | $62.7m | — | |
| Long-term Debt, Excluding Current Maturities | $353.6m | $670.7m | $1.0b | $74.9m | $14.8m | $29.2m | $37.5m | $535.2m | $62.7m | $763.9m | |
| Long-term debt, net of current maturities | — | — | $1.0b | $1.3b | $1.2b | $3.7b | $3.7b | $3.7b | $4.1b | $5.2b | |
| Operating Lease, Liability, Current | — | — | — | $92.5m | $85.1m | $78.3m | $74.1m | $78.0m | $94.2m | $114.4m | |
| Operating Lease, Liability, Noncurrent | — | — | — | $196.5m | $178.8m | $170.4m | $171.5m | $187.0m | $222.4m | $309.7m | |
| Liabilities, Current | $1.2b | $1.5b | $1.8b | $2.3b | $2.1b | $3.2b | $3.4b | $5.2b | $6.0b | $8.7b | |
| Total current liabilities | $1.2b | $1.5b | $1.8b | $2.3b | $2.1b | $3.2b | $3.4b | $5.2b | $6.0b | $8.7b | |
| Deferred Income Tax Liabilities, Net | — | $179.4m | $219.1m | $214.8m | $166.4m | $191.1m | $227.9m | $254.0m | $353.3m | $502.6m | |
| Other Liabilities, Noncurrent | $259.7m | $342.4m | $404.6m | $311.3m | $391.2m | $487.3m | $567.5m | $636.2m | $650.3m | $1.1b | |
| Deferred Tax Liabilities, Net | $182.8m | $153.0m | $202.2m | $202.2m | $148.7m | $173.9m | $215.5m | $241.3m | $290.2m | $410.2m | |
| Liabilities | $2.0b | $2.7b | $3.5b | $4.3b | $4.0b | $7.7b | $8.1b | $10.0b | $11.4b | $15.9b | |
| Total liabilities | $2.0b | $2.7b | $3.5b | $4.3b | $4.0b | $7.7b | $8.1b | $10.0b | $11.4b | $15.9b | |
| Stockholders’ equity: | |||||||||||
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($271.7m) | ($203.4m) | ($286.0m) | ($241.8m) | ($233.0m) | ($237.7m) | ($310.7m) | ($282.9m) | ($372.7m) | ($307.2m) | |
| Accumulated other comprehensive loss | ($271.7m) | ($203.4m) | ($286.0m) | ($241.8m) | ($233.0m) | ($237.7m) | ($310.7m) | ($282.9m) | ($372.7m) | ($307.2m) | |
| Additional Paid in Capital, Common Stock | $1.7b | $1.9b | $2.0b | $2.0b | $2.2b | $2.6b | $2.7b | $3.0b | $3.4b | $4.3b | |
| Common Stock, Value, Issued | $1k | $2k | — | — | — | $2k | $2k | $2k | $2k | $2k | |
| Common stock | $1k | $2k | $2k | $2k | $2k | $2k | $2k | $2k | $2k | $2k | |
| Retained Earnings (Accumulated Deficit) | $1.9b | $2.2b | $2.5b | $2.9b | $3.3b | $3.7b | $4.2b | $4.9b | $5.7b | $6.7b | |
| Treasury stock, 29,956,791 and 29,039,968 common shares | — | — | — | — | — | — | ($1.2b) | ($1.3b) | ($1.5b) | ($1.7b) | |
| Stockholders' Equity Attributable to Parent | $3.3b | $3.8b | $3.6b | $4.1b | $4.3b | $5.1b | $5.4b | $6.3b | $7.3b | $8.9b | |
| Stockholders' Equity Attributable to Noncontrolling Interest | $3.3m | $4.1m | $1.3m | $3.5m | $4.8m | $4.6m | $15.4m | $11.1m | $12.0m | $89.6m | |
| Liabilities and Equity | $5.4b | $6.5b | $7.1b | $8.3b | $8.4b | $12.9b | $13.5b | $16.2b | $18.7b | $24.9b | |
| Total liabilities and equity | $5.4b | $6.5b | $7.1b | $8.3b | $8.4b | $12.9b | $13.5b | $16.2b | $18.7b | $24.9b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.