OakChart

Quanta Services Inc

PWRIndustrials·Engineering & Construction·USA·Large·NYSE·Nov 11 • 12:41 PM ET

617.01+33.87 (5.81%)
2026-11-11 18:42 CET
Market cap
87,865.79 USD m
Revenue, TTM
37,288.61 USD m
Net income, TTM
1,682.32 USD m
Free cash flow, TTM
3,155.89 USD m
EPS diluted, TTM
11.04
P/E
55.88
Compare

Price

PWR against its 20, 50 and 200-day averages
2050200beat
500.00600.00700.00800.003.2M6.3MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26PWRclose 617.0120-day 594.7150-day 628.46200-day 631.04617.0152w high

21.8% under the 52-week high of 788.75 on 6 May 2026. 52-week low 408.36 on 8 Jan 2026. Last 15 sessions, 30.9% high to low

Profile

PWR
52-week range, 55% of the way up
408.36788.75

Quanta Services, Inc. engages in the provision of comprehensive infrastructure solutions to the electric power, oil and gas, communication, pipeline, and energy industries. It operates through the following segments: Electric Power, Renewable Energy, and Underground and Infrastructure. The Electric Power segment provides services for the electric power and communications markets. The Renewable Energy segment is involved in providing infrastructure solutions to customers involved in the renewable energy industry. The Underground and Infrastructure segment offers infrastructure solutions to customers involved in the transportation, distribution, storage, development, and processing of natural gas, oil, and other products. The company was founded by Kevin D. Miller, Steven P. Colmar, William G. Parkhouse, and John R. Colson on August 19, 1997 and is headquartered in Houston, TX.

IndexS&P 500, RUI
Employees69500
IPOFeb 12, 1998
Beta1.30
ATR, 14d37.54
Rel volume0.92
Short float2.34%
Insider own1.14%
Inst own91.38%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap92.97B
Enterprise Value98.25B
Income1.68B
Sales37.29B
Book/sh69.94
Cash/sh15.39
Dividend Est.0.44 (0.07%)
Dividend TTM0.44 (0.07%)
Dividend Ex-DateOct 01, 2026
Dividend Gr. 3/5Y12.24% 14.32%
Payout6.03%
Employees69500
IPOFeb 12, 1998

Ratios

P/E55.88
Forward P/E28.61
PEG0.87
P/S2.49
P/B8.82
P/C40.10
P/FCF29.46
EV/EBITDA26.26
EV/Sales2.63
Quick Ratio1.13
Current Ratio1.16
Debt/Eq0.71
LT Debt/Eq0.64
Option/ShortYes / Yes

Earnings

EPS (ttm)11.04
EPS next Y21.57
EPS next Q5.17
EPS this Y68.62%
EPS next Y18.98%
EPS next 5Y32.99%
EPS past 3/5Y26.99% 17.25%
Sales past 3/5Y18.60% 20.52%
EPS Y/Y TTM63.37%
Sales Y/Y TTM37.13%
EPS Q/Q103.11%
Sales Q/Q57.44%
EarningsOct 29 BMO
EPS/Sales Surpr.20.71% 8.89%

Ownership

Insider Own1.14%
Insider Trans0.00%
Inst Own91.38%
Inst Trans-2.72%
ROA6.06%
ROE17.77%
ROIC9.74%
Gross Margin14.04%
Oper. Margin7.08%
Profit Margin4.51%
SMA203.75%
SMA50-1.82%
SMA200-2.22%
Trades-

Technical

Shs Outstand150.63M
Shs Float148.96M
Short Float2.34%
Short Ratio2.88
Short Interest3.49M
52W High788.75 -21.77%
52W Low408.36 51.09%
Volatility7.79% 5.29%
ATR (14)37.54
RSI (14)51.29
Beta1.30
Rel Volume0.92
Avg Volume1.21M
Volume572,466

Performance

Perf Week6.30%
Perf Month-10.43%
Perf Quarter-8.29%
Perf Half Y-20.25%
Perf YTD46.19%
Perf Year37.45%
Perf 3Y254.46%
Perf 5Y429.44%
Perf 10Y1864.37%
Recom1.39
Target Price795.98
Prev Close583.14
Price617.01
Change %5.81%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Sep 24, 2026UpgradeBBernsteinMkt Perform → Outperform$775+25.6%
Sep 09, 2026InitiatedPPiper SandlerOverweight$731+18.5%
Aug 07, 2026UpgradeKKeyBanc Capital MarketsSector Weight → Overweight$807+30.8%
Aug 03, 2026ReiteratedTTD CowenBuy$775 → $785+27.2%
Jul 31, 2026UpgradeGGuggenheimNeutral → Buy$800+29.7%
May 28, 2026UpgradeOOppenheimerPerform → Outperform$800+29.7%
May 04, 2026ReiteratedTTD CowenBuy$570 → $775+25.6%
Apr 14, 2026InitiatedBBNP Paribas ExaneNeutral
Mar 27, 2026UpgradeBBMO Capital MarketsMarket Perform → Outperform$650+5.3%
Mar 02, 2026ReiteratedTTD CowenBuy$425 → $570-7.6%

Peers

Mkt cap
TickerCompanyMkt cap
MTZMastec Inc15.32B
MYRGMYR Group Inc4.40B
EMEEmcor Group Inc29.47B
PRIMPrimoris Services Corp3.84B
FIXComfort Systems USA Inc40.94B
DYDycom Industries Inc6.92B
ECGEverus Construction Group4.60B
IESCIES Holdings Inc7.27B
AGXArgan Inc4.58B
ACMAECOM9.05B

Insider trading

14 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
BAXTER WARNER LDirectorJun 01 '26Option Exercise0.0055901,181Jun 03 05:40 PM
Beneby Doyle NDirectorJun 01 '26Option Exercise0.00870029,657Jun 03 05:40 PM
FRIED BERNARDDirectorJun 01 '26Option Exercise0.00559010,165Jun 03 05:39 PM
Ladhani Holli C.DirectorJun 01 '26Option Exercise0.0055904,743Jun 03 05:39 PM
Rowe Robert ScottDirectorJun 01 '26Option Exercise0.0055902,297Jun 03 05:38 PM
WYRSCH MARTHA BDirectorJun 01 '26Option Exercise0.0055905,617Jun 03 05:38 PM
JACKMAN WORTHINGDirectorJun 01 '26Option Exercise0.0055902,489Jun 03 05:37 PM
FRIED BERNARDDirectorMay 28 '26Option Exercise0.004,82309,606Jun 01 06:29 PM
VALENTIN RAUL JAVIERDirectorMay 21 '26Option Exercise0.0055902,022May 26 06:07 PM
Austin Earl C. Jr.President and CEOMay 05 '26Sale770.65130,000100,184,351556,911May 07 06:43 PM
Austin Earl C. Jr.President and CEOMay 05 '26Sale770.7125,99220,032,18016,508May 07 06:43 PM
NOBEL PAULChief Accounting Officer & SVPMay 04 '26Sale756.984,0003,027,9208,080May 06 06:33 PM
Earl Austin Jr.President/CEOMay 05 '26Proposed Sale790.30155,992123,279,998May 05 07:26 PM
NOBEL PAULOfficerMay 04 '26Proposed Sale756.984,0003,027,920May 04 11:51 AM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VOOVanguard S&P 500 ETFAUM: 1054.75B
VOVanguard Morningstar Mid-Cap ETFAUM: 107.07B
IVViShares Core S&P 500 ETFAUM: 871.38B
VUGVanguard Morningstar Growth ETFAUM: 217.67B
SPYSPDR S&P 500 ETF TrustAUM: 793.23B
GRIDFirst Trust Clean Edge Smart GridAUM: 10.68B
VOTVanguard Morningstar Mid-Cap Growth ETFAUM: 18.66B
XLIState Street Industrial Select Sector SPDR ETFAUM: 30.88B
PAVEGlobal X U.S. Infrastructure Development ETFAUM: 13.47B

News

latest 14 of 206
  • Quanta Services to Participate in Institutional Investor Conferences in November and December (PR Newswire)
  • Quanta Services Inc. stock outperforms competitors on strong trading day (MarketWatch) +9.35%
  • Quanta Services Inc. stock outperforms competitors on strong trading day (MarketWatch) +6.25%
  • AI Stocks Plunge: Buy, Sell or Hold? (Zacks)
  • Why a Democratic Sweep Is Crushing GE Vernova and More Industrial Stocks (Barrons.com) -11.65%
  • Loading…
  • Bernstein names stocks to buy as data centre political risks appear overstated (Investing.com) +5.77%
  • Buy These AI Infrastructure Stocks Amid Midterm Election Risks, Bernstein Says (Investing.com)
  • Construction Stocks Begin Turnaround Even As AI Spending Fears Mount (Investor's Business Daily)
  • Quanta Services Beats Big, Raises Guidance A Third Time As Backlog Jumps $10 Billion; Supply Chain Is Now The Constraint (Earnings Whispers)
  • Two Energy Stocks Get A Jolt After Earnings Beats (Investor's Business Daily)
  • Quanta Services: Q3 Earnings Snapshot (Associated Press)
  • QUANTA SERVICES REPORTS THIRD QUARTER 2026 RESULTS (PR Newswire)
  • Best Stocks to Buy Now Before Earnings and Hold: PWR (Zacks)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-296.0605.0204.55012,01511,03424
2026Q22026-07-304.2403.3072.9619,5578,61024
2026Q12026-04-302.6802.0381.4517,8757,00223
2025Q42026-02-193.1603.0232.0797,8427,36224
2025Q32025-10-303.3303.2482.2417,6317,40623
2025Q22025-07-312.4802.4451.5196,7736,56522
2025Q12025-05-011.7801.6650.9566,2335,86422
2024Q42025-02-202.9402.6192.0266,5536,61318
2024Q32024-10-312.7202.6841.9476,4936,56117
2024Q22024-08-011.9001.8941.2565,5945,50815
2024Q12024-05-021.4101.2900.7935,0324,93715
2023Q42024-02-222.0401.9821.4165,7845,18014
2023Q32023-11-022.2402.1141.8345,6215,25713
2023Q22023-08-031.6501.6351.1155,0494,70714
2023Q12023-05-041.2401.1220.6394,4294,08014
2022Q42023-02-231.6801.6031.1024,4174,27615

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY3.3303.2392.72512,11212,019
2020FY3.8203.5963.06811,20311,212
2021FY4.9204.7893.34312,98012,692
2022FY6.3406.2963.31917,07416,932
2023FY7.1607.1015.00420,88220,242
2024FY8.9708.6626.03023,67323,729
2025FY10.75010.6216.80028,48028,027
2026FY-18.126--41,372
2027FY-21.567--49,044
2028FY-25.285--55,936
2029FY-28.772--63,229
2030FY-32.073--69,175

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-062422012,00911,05612,438
2026Q4S2026-10-302421111,96411,00412,438
2026Q4S2026-10-292414211,66310,90012,133
2026Q4S2026-10-26240311,08710,52511,931
2026Q4S2026-10-21242211,15810,52512,636
2026Q4S2026-10-20243211,15810,52512,636
2026Q4S2026-10-19244211,15810,52512,636
2026Q4S2026-10-16234211,12510,52512,636
2026Q4S2026-10-14234211,12510,52512,636
2026Q4S2026-10-13238211,12510,52512,636
2026Q4S2026-10-072321211,12510,52512,636
2026Q4S2026-10-062321211,12510,52512,636
2026Q4S2026-09-252321211,12510,52512,636
2026Q4S2026-09-232321111,13410,52512,636

Estimate history

EPS, annual2.0041.9022.7253.0683.3433.3195.0046.036.79711.0414
Period201720182019202020212022202320242025TTM
EPS, quarterly1.9472.0260.9561.5192.2412.0791.4512.9614.551
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual9466.47811171.42312112.15311202.67212980.21317073.90320882.20623672.79528479.69737288.61
Period201720182019202020212022202320242025TTM
Sales, quarterly6493.1676553.4226233.3346773.0077631.4087841.9487874.7879556.99712014.877
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual153.828141.59142.361138.3142.634142.931145.509147.679149.578150.632
Period201720182019202020212022202320242025MRQ
Shares, quarterly147.602147.679148.263148.482149.113149.578150.056150.274150.632
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue37,288.6128,479.7023,672.7920,882.2117,073.9012,980.2111,202.6712,112.1511,171.42
Cost of Goods Sold Incl. D&A32,051.6124,703.4120,544.9918,234.1314,898.7211,192.329,618.5310,573.999,735.45
Gross Profit5,236.993,776.293,127.802,648.072,175.181,787.891,584.141,538.161,435.97
Selling, General and Administrative Excl. Other2,598.072,095.301,790.391,513.801,220.001,108.59948.46955.99849.57
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income2,638.931,680.981,337.411,134.28955.18679.30635.69582.17586.40
Interest Expense306.55261.44202.69186.91124.3668.9045.0166.8936.95
Unusual Expense144.42125.3137.0649.41157.8159.8444.7227.3046.13
Net Income Before Taxes2,237.671,389.511,212.03969.96703.89622.90571.35572.29457.67
Income Taxes523.17347.59284.75219.27192.24130.92119.39165.47161.66
Consolidated Net Income1,714.511,041.92927.28750.69511.64491.98451.96406.81296.01
Net Income From Continuing Operations1,682.321,028.38904.82744.69491.19485.96445.60402.04293.35
Net Income1,682.321,028.38904.82744.69491.19485.96445.60402.04293.35
EPS (Recurring)11.687.386.205.244.073.633.282.852.11
EPS (Basic, Before Extraordinaries)11.216.916.165.133.423.453.152.761.92
EPS (Diluted)11.046.806.035.003.323.343.072.731.90
EBITDA3,741.402,591.312,079.731,748.081,599.801,100.20937.65862.37832.91
Non-Operating Income (Expense)49.7195.28114.3672.0030.8872.3425.3984.30-45.66
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense194.94143.74118.92100.14105.6064.4366.9037.9641.48
Price To Earnings Ratio52.8152.8158.3946.0148.6334.2523.3814.9215.78
Price To Sales Ratio2.632.242.001.541.241.280.930.500.42
Gross Margin14.0413.2613.2112.6812.7413.7714.1412.7012.85
Operating Margin7.085.905.655.435.595.235.674.815.25
Net Margin4.513.613.823.572.883.743.983.322.63
Shares Outstanding150.63149.58147.68145.51142.93142.63138.30142.36141.59
Market Capitalization87,865.7987,865.7946,652.7731,352.5020,363.3916,338.9410,000.775,794.254,410.16

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue12,014.889,557.007,874.797,841.957,631.416,773.016,233.336,553.42
Cost of Goods Sold Incl. D&A10,195.238,168.786,919.846,767.776,548.175,878.615,508.865,605.87
Gross Profit1,819.651,388.22954.951,074.181,083.24894.40724.48947.55
Selling, General and Administrative Excl. Other748.50669.97609.50570.11541.25503.76480.19501.65
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income1,071.15718.25345.45504.07541.99390.64244.28445.91
Interest Expense83.9873.5573.2775.7571.8159.5854.3156.34
Unusual Expense54.5935.0121.1433.6738.7134.8018.138.73
Net Income Before Taxes944.57617.16256.36419.59462.44318.62188.85416.32
Income Taxes237.66157.5824.93103.00119.6185.1039.88106.03
Consolidated Net Income706.91459.58231.43316.59342.84233.52148.97310.29
Net Income From Continuing Operations694.86451.38220.62315.45339.42229.25144.26305.12
Net Income694.86451.38220.62315.45339.42229.25144.26305.12
EPS (Recurring)4.803.121.552.232.421.681.042.07
EPS (Basic, Before Extraordinaries)4.623.001.472.112.281.540.972.06
EPS (Diluted)4.552.961.452.082.241.520.962.03
EBITDA1,380.17992.35611.13757.75779.06602.54451.96658.56
Non-Operating Income (Expense)11.997.475.3124.9430.9722.3617.0135.49
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense53.6650.0749.4841.7337.0534.8230.1431.37
Price To Earnings Ratio52.8198.7880.8162.6164.2761.1342.2158.39
Price To Sales Ratio2.633.342.772.252.312.191.542.01
Gross Margin15.1414.5312.1313.7014.1913.2111.6214.46
Operating Margin8.927.524.396.437.105.773.926.80
Net Margin5.784.722.804.024.453.382.314.66
Shares Outstanding150.63150.27150.06149.58149.11148.48148.26147.68
Market Capitalization87,865.79108,049.2082,143.8262,935.9061,056.5056,031.0837,668.9746,652.77

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments440.94744.651,293.90432.26230.93185.90168.8281.97138.28
Short Term Receivables8,369.486,380.355,824.194,755.034,204.173,170.323,349.482,931.932,482.77
Inventories370.37260.18175.66103.2784.6650.4755.72107.7380.89
Other Current Assets722.63465.85383.15245.51212.81181.71256.96204.47167.96
Total Current Assets9,903.427,851.037,676.905,536.074,732.583,588.393,830.993,326.102,869.91
Net Property, Plant & Equipment3,856.023,000.172,586.392,260.162,160.301,817.501,671.021,276.031,288.60
Total Investments and Advances413.57242.98179.24239.67255.65141.130.921.280.00
Long-Term Note Receivable234.30147.70140.80261.70209.10256.4189.00155.8091.90
Intangible Assets10,223.427,176.985,408.325,045.385,330.072,556.672,436.412,180.062,131.78
Deferred Tax Assets-----17.68---
Other Assets296.18265.03245.59121.37167.4920.48303.34136.5197.97
Total Assets24,926.9018,683.8916,237.2313,464.3412,855.198,398.278,331.687,075.796,480.15
Short Term Debt Incl. Current Port. of LT Debt878.27156.84613.20111.55107.4299.90167.3465.651.22
Accounts Payable2,832.602,096.122,027.591,302.091,251.12798.02798.72786.55632.93
Income Tax Payable-----32.3158.3513.0919.64
Other Current Liabilities5,005.323,775.552,572.331,992.561,806.421,208.321,238.63940.84838.28
Total Current Liabilities8,716.206,028.515,213.123,406.193,164.962,138.562,263.051,806.131,492.07
Long Term Debt5,540.684,322.113,850.503,863.943,894.901,353.121,488.721,040.53670.72
Provision for Risks Charges0.000.000.000.000.000.000.000.000.00
Deferred Tax Liabilities502.63353.27254.00227.86191.10166.41214.78219.12179.38
Other Liabilities1,139.52650.28636.25567.52487.31391.22311.31404.56342.36
Total Liabilities15,899.0311,354.189,953.878,065.527,738.274,049.304,277.853,470.332,684.53
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity8,938.257,317.736,272.245,383.465,112.304,344.184,050.293,604.163,791.57
Total Shareholders Equity8,938.257,317.736,272.245,383.465,112.304,344.184,050.293,604.163,791.57
Accumulated Minority Interest89.6211.9911.1115.364.624.793.541.294.06
Total Equity9,027.877,329.726,283.355,398.825,116.924,348.974,053.833,605.453,795.63
Total Liabilities & Stockholders Equity24,926.9018,683.8916,237.2313,464.3412,855.198,398.278,331.687,075.796,480.15
Book Value Per Share59.7649.5543.1137.6635.8431.4128.4525.4524.65
Tangible Book Value Per Share-8.590.955.942.37-1.5312.9211.3410.0610.79
Full-Time Employees69,50058,40052,50047,30043,70035,80040,30039,20032,800
Price to Book Ratio8.346.605.243.923.202.291.431.181.63
Return on Assets4.725.185.013.734.575.335.224.335.32
Return on Equity12.6513.3212.789.3610.2810.6210.507.938.83
Return on Invested Capital7.107.777.365.315.407.827.266.327.06
Quick Ratio1.091.261.441.591.471.651.671.781.87
Current Ratio1.141.301.471.631.501.681.691.841.92

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income1,714.511,041.92927.28750.69511.64491.98451.96406.81296.01
Depreciation1,102.47910.33742.32613.80644.62420.89301.96280.20246.51
Other Funds (Non Cash)362.61261.74173.75145.03161.71101.1294.704.26154.83
Funds from Operations3,106.162,213.991,835.031,513.341,360.031,040.07788.61683.36759.32
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital962.3415.98246.1762.62-229.72-457.68327.37-156.81-400.53
Cash from Operating Activities4,068.492,229.972,081.201,575.951,130.31582.391,115.98526.55358.79
Capital Expenditures-912.60-609.15-604.08-434.80-428.78-386.72-260.57-262.27-308.04
Net Assets From Acquisitions-2,468.05-3,155.49-1,745.73-651.62-195.09-2,451.70-292.57-387.97-94.92
Sale of Fixed Assets and Businesses60.3151.9277.6469.3562.0649.1954.1731.1431.78
Purchase or Sale of Investments-49.66-131.89-52.6334.74-57.45-109.91-0.89-0.47-32.20
Purchase of Investments-49.66-148.90-81.87-7.54-78.08-139.02-14.86-47.06-36.91
Sale Or Maturity of Investments0.0017.0129.2442.2820.6429.1113.9646.594.71
Other Uses0.000.000.00-7.310.000.000.000.000.00
Other Sources22.5813.6430.480.002.060.540.541.960.71
Cash from Investing Activities-3,347.42-3,830.97-2,294.32-989.65-617.19-2,898.61-499.32-617.60-402.67
Cash Dividends Paid-65.93-60.42-54.20-47.75-41.06-34.02-28.89-23.240.00
Change in Capital Stock0.00-134.560.00-0.35-127.76-66.69-247.25-20.09-443.15
Repurchase of Common Pref Stock0.00-134.560.00-0.35-127.76-66.69-247.25-20.09-443.15
Sale of Common Pref Stock0.000.000.000.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net1,321.431,744.27-92.07408.66-48.432,533.16-232.89239.69445.84
Change in Long Term Debt1,321.431,744.27-92.07408.66-32.772,521.77-228.04267.98412.05
Issuance of Long Term Debt62,226.1554,522.9421,122.9218,178.919,299.696,790.883,962.576,173.254,489.81
Reduction of Long Term Debt-60,904.73-52,778.67-21,214.99-17,770.25-9,332.46-4,269.11-4,190.61-5,905.27-4,077.76
Net Financing Active Other Cash Flow-286.57-274.32-159.37-92.06-93.82-71.58-92.33-18.67-19.26
Other Financing Activities Uses-286.57-274.32-159.37-119.79-93.82-71.58-92.33-18.67-19.26
Cash from Financing Activities968.921,274.98-305.64268.50-311.072,360.88-601.37177.69-16.57
Exchange Rate Effect17.6222.83-30.277.03-0.720.421.77-0.15-0.07
Net Change in Cash1,707.61-303.19-549.03861.83201.3345.0817.0686.49-60.52
Free Cash Flow3,155.891,620.821,477.121,141.15702.68196.54855.92264.7965.19
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow31.7540.9233.3329.3731.87102.5712.6524.8671.21
Deferred Taxes & Investment Tax Credit-0.00-8.323.8242.0526.07-60.02-7.9261.97

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments2,318.67510.18367.95440.94611.79510.87
Short Term Receivables11,857.4810,066.789,207.958,369.487,920.186,733.64
Inventories480.51469.87446.89370.37333.71286.91
Other Current Assets1,050.30812.94629.85722.63603.59646.14
Total Current Assets15,706.9711,859.7510,652.649,903.429,469.278,177.56
Net Property, Plant & Equipment4,379.414,165.063,917.903,856.023,344.933,230.48
Total Investments and Advances430.11435.77408.42413.57419.36436.66
Intangible Assets11,251.4811,084.9710,129.5710,223.429,026.047,598.73
Other Assets581.16739.57406.69296.18310.57294.03
Total Assets32,749.4328,291.8225,746.6224,926.9022,743.7719,891.26
Short Term Debt Incl. Current Port. of LT Debt769.13808.40805.51878.27204.85187.04
Accounts Payable4,259.403,527.472,915.842,832.602,783.412,344.09
Other Current Liabilities8,466.106,462.595,662.685,005.324,056.203,446.12
Total Current Liabilities13,494.6310,798.469,384.038,716.207,044.475,977.26
Long Term Debt6,742.775,794.745,514.175,540.685,813.234,920.35
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities541.02513.92514.86502.63451.83366.00
Other Liabilities1,349.221,442.761,190.651,139.521,030.46758.89
Total Liabilities22,127.6318,549.8816,603.7015,899.0314,339.9812,022.49
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity10,535.619,637.949,044.578,938.258,395.787,857.60
Total Shareholders Equity10,535.619,637.949,044.578,938.258,395.787,857.60
Accumulated Minority Interest86.19104.0098.3589.628.0111.17
Total Equity10,621.809,741.949,142.929,027.878,403.797,868.77
Total Liabilities & Stockholders Equity32,749.4328,291.8225,746.6224,926.9022,743.7719,891.26
Book Value Per Share69.9464.1460.2759.7656.3052.92
Tangible Book Value Per Share-4.75-9.63-7.23-8.59-4.231.74
Full-Time Employees---69,500--
Price to Book Ratio8.3411.959.197.507.837.52
Return on Assets6.065.514.924.724.895.43
Return on Equity17.7715.1713.3912.6513.1613.47
Return on Invested Capital4.022.921.522.182.391.79
Quick Ratio1.131.051.091.091.301.32
Current Ratio1.161.101.141.141.341.37

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income706.91459.58231.43316.59342.84233.52
Depreciation309.02274.10265.68253.68237.07211.90
Other Funds (Non Cash)96.2458.5693.34114.4754.2650.46
Funds from Operations1,112.17792.23590.45611.31713.35483.25
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital341.57303.21-198.70516.26-149.85-187.54
Cash from Operating Activities1,453.741,095.44391.741,127.57563.50295.71
Capital Expenditures-267.96-230.96-220.09-193.59-142.45-140.35
Net Assets From Acquisitions-165.50-907.38-22.94-1,372.24-1,197.15-191.84
Sale of Fixed Assets and Businesses13.5821.4812.7712.4817.0515.07
Purchase or Sale of Investments-23.32-26.630.000.30-132.190.00
Purchase of Investments-23.32-26.630.000.30-149.200.00
Sale Or Maturity of Investments0.000.000.000.0017.010.00
Other Uses0.000.000.000.00148.31-147.40
Other Sources-0.126.088.857.761.284.59
Cash from Investing Activities-443.32-1,137.40-221.41-1,545.29-1,305.14-459.93
Cash Dividends Paid-17.21-16.53-17.16-15.03-15.07-14.85
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock0.000.000.000.000.00-15.99
Repurchase of Common Pref Stock0.000.000.000.000.00-15.99
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net881.91187.19-54.17306.50879.96286.41
Change in Long Term Debt890.62178.48-54.17306.50879.96286.41
Issuance of Long Term Debt11,072.0318,012.3516,946.5216,195.2522,418.3610,421.11
Reduction of Long Term Debt-10,181.42-17,833.87-17,000.69-15,888.75-21,538.40-10,134.70
Net Financing Active Other Cash Flow-74.4112.85-177.13-47.90-20.23-121.18
Other Financing Activities Uses-74.4112.85-177.13-47.90-20.23-121.18
Cash from Financing Activities790.30183.51-248.46243.57844.66134.39
Exchange Rate Effect8.510.685.143.29-2.1019.34
Net Change in Cash1,809.22142.23-72.99-170.85100.92-10.48
Free Cash Flow1,185.78864.49171.65933.97421.05155.36
Price to Free Cash Flow31.7547.1651.5441.0452.6243.87

Revenue breakdown

Australia2024: 666.87M 2025: 779.53M
Canada2024: 1.03B 2025: 1.02B
Other Countries2024: 374.04M 2025: 198.45M
United States2024: 21.61B 2025: 26.48B
Electric Power2024: 19.01B 2025: 23.00B
Underground and Infrastructure2024: 4.66B 2025: 5.48B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-302.34%3.5M149.0M1.07M
2026-10-152.33%3.5M148.6M1.02M
2026-09-302.15%3.2M148.6M1.03M
2026-09-152.12%3.1M148.6M1.20M
2026-08-312.10%3.1M148.6M1.24M
2026-08-141.86%2.8M148.6M1.23M
2026-07-312.08%3.1M148.9M1.29M
2026-07-152.13%3.2M148.7M1.25M
2026-06-302.24%3.3M148.7M1.23M
2026-06-152.56%3.8M148.4M1.12M
2026-05-292.62%3.9M148.7M1.14M
2026-05-152.96%4.4M148.6M1.14M
2026-04-303.32%4.9M148.8M1.12M
2026-04-153.18%4.7M148.0M1.13M
2026-03-312.95%4.4M148.1M1.15M
2026-03-133.00%4.4M148.1M1.08M
2026-02-273.09%4.6M148.1M1.02M
2026-02-133.07%4.5M148.1M1.03M
2026-01-303.33%4.9M147.6M994.10K
2026-01-153.36%5.0M147.6M990.14K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call2803333420.003.1850.000.000.996-0.1720.012
call2903233320.003.0860.000.000.995-0.1720.013
call3003133220.002.9250.000.000.995-0.1730.013
call3103033120.002.8460.000.000.995-0.1730.014
call3202933020.002.7310.000.000.995-0.1730.015
call330283292335.52.6202.000.000.995-0.1740.015
call340273282323.52.5131.000.000.994-0.1740.016
call350263272316.12.4082.000.000.994-0.1740.016
call3602532623062.3176.000.000.994-0.1750.017
call370243252276.32.2171.000.000.993-0.1750.018
call3802332420.002.0900.000.000.993-0.1750.018
call390223232201.232.0161.000.000.993-0.1750.019
call4002132222171.9325.000.000.992-0.1750.020
call410203212106.61.81538.000.000.992-0.1750.021
call4201932020.001.7180.000.000.992-0.1750.022
call430183.2189.41291.2819.000.000.991-0.1750.023
call440173.3179.41651.2656.000.000.991-0.1750.024
call450163.3170.3142.51.25530.000.000.973-0.4120.060
call460153162.4145.21.4283.000.000.972-0.4080.063
call470143152.6126.51.3391.000.000.970-0.4040.066
call480134139.8149.60.9802.000.000.968-0.3990.069
call490124129.71400.9085.000.000.966-0.3940.073
call50011412184.600.9541080.000.946-0.5700.106
call510104.111082.350.8381050.000.942-0.5580.112
call52094.30101.542.800.85088.000.000.934-0.5810.125
call53085.0092.0072.100.82935.000.000.928-0.5660.133
call54076.0082.4077.990.77556934.000.913-0.6120.153
call55066.1073.2070.000.73660.005.000.886-0.7190.187
call56058.0065.0035.380.7311220.000.846-0.8770.230
call57049.1056.6040.500.70487.002.000.803-1.0050.269
call58041.5047.0046.000.62895032.000.759-1.0790.302
call59034.9040.9033.500.6521763.000.699-1.2070.337
call60030.6036.7031.100.70827716.000.634-1.3240.364
call61022.5027.0024.280.59836112.000.571-1.3230.380
call62020.0021.6019.970.5876101830.504-1.3460.386
call63015.4016.8015.600.57727652.000.437-1.3160.381
call64011.6012.8011.700.5644302980.365-1.1970.364
call6507.3010.108.310.57223367.000.307-1.1390.340
call6605.507.005.940.5502908.000.243-0.9750.303
call6703.405.103.800.5481637.000.188-0.8230.261
call6800.754.002.950.5651161.000.148-0.7110.223
call6901.252.551.910.54412713.000.105-0.5390.176
call7001.251.951.250.5534641.000.083-0.4600.148
call7100.101.701.070.5821732.000.071-0.4280.131
call7200.053.400.200.62955.000.000.066-0.4400.125
call7300.001.400.630.6411020.000.055-0.3890.108
call7400.000.401.000.6011392.000.028-0.2070.062
call7500.051.500.150.8604010.000.044-0.3910.089
call7600.004.300.270.6211090.000.019-0.1550.045
call7700.002.352.150.9311560.000.041-0.4010.084
call7800.000.100.250.72536.000.000.022-0.2040.051
call7900.004.201.000.60551.000.000.005-0.0520.015
call8000.000.100.100.63197.001.000.005-0.0520.015
call8100.004.201.470.66199.000.000.005-0.0530.014
call8200.004.200.420.68520.000.000.005-0.0530.014
call8300.004.100.300.71966.000.000.005-0.0530.013
call8400.004.202.400.73644.000.000.005-0.0540.013
call8500.004.200.500.76142.000.000.004-0.0540.013
call8600.003.600.050.78563.000.000.004-0.0540.012
call8700.004.201.850.81033.000.000.004-0.0550.012
call8800.004.203.500.83431.000.000.004-0.0550.012
call8900.004.200.400.8651.000.000.004-0.0550.011
call9000.004.201.300.88819.000.000.004-0.0560.011
call9100.004.200.000.9020.000.000.004-0.0560.011
call9200.004.202.300.93310.000.000.004-0.0560.011
call9300.004.200.000.9470.000.000.004-0.0570.011
call9400.004.205.000.97326.000.000.004-0.0570.010
call9500.004.200.000.9900.000.000.004-0.0570.010
call9600.004.1013.001.0131360.000.003-0.0570.010
call9800.004.200.001.0570.000.000.003-0.0580.010
call1,0000.004.200.971.0986.000.000.003-0.0580.010
call1,0200.004.201.201.1406.000.000.003-0.0580.009
call1,0400.004.200.201.17910.000.000.003-0.0590.009
call1,0600.004.206.301.21612.000.000.003-0.0590.009
call1,0800.004.200.651.2483090.000.003-0.0600.009
call1,1000.004.205.101.2893.000.000.003-0.0600.008
call1,1200.004.200.051.3223.000.000.003-0.0600.008
call1,1400.004.200.501.3515.000.000.003-0.0610.008
put2800.004.200.302.34710.000.00-0.010-0.3300.025
put2900.004.201.201.9660.000.00-0.005-0.1410.013
put3000.004.200.301.8843.000.00-0.005-0.1410.013
put3100.004.300.401.8056.000.00-0.005-0.1400.014
put3200.004.200.631.9825.000.00-0.012-0.3230.029
put3300.004.200.561.6524.000.00-0.005-0.1380.015
put3400.004.200.331.5815.000.00-0.006-0.1370.016
put3500.004.201.761.51310.000.00-0.006-0.1370.016
put3600.004.302.111.64914.000.00-0.014-0.3120.034
put3700.004.301.321.64932.000.00-0.018-0.3920.043
put3800.004.101.421.31321.000.00-0.007-0.1340.018
put3900.003.000.051.43858.000.00-0.016-0.3060.038
put4000.001.200.151.3651070.00-0.017-0.3030.040
put4100.004.300.601.12433.000.00-0.008-0.1310.021
put4200.004.300.301.0641780.00-0.008-0.1290.022
put4300.004.300.401.00742.000.00-0.009-0.1280.023
put4400.050.300.191.10570.006.00-0.020-0.2910.048
put4500.001.650.481.0971420.00-0.027-0.3630.060
put4600.004.401.731.01479.000.00-0.029-0.3540.064
put4700.004.404.500.9691650.00-0.030-0.3530.066
put4800.054.502.500.9031730.00-0.032-0.3470.069
put4900.051.150.600.8422085.00-0.034-0.3400.073
put5000.052.202.300.8771,1660.00-0.054-0.5150.106
put5100.402.051.370.8082055.00-0.058-0.5020.113
put5200.054.304.500.7612370.00-0.066-0.5240.125
put5300.752.252.150.6976351.00-0.072-0.5090.133
put5401.702.652.070.65527665.00-0.087-0.5530.153
put5502.453.603.110.63949914.00-0.115-0.6570.187
put5603.705.204.500.64386212.00-0.154-0.8160.230
put5705.306.906.000.63195815.00-0.197-0.9420.269
put5807.308.808.200.6153,146331-0.239-1.0130.301
put5909.9011.7011.100.60822638.00-0.301-1.1420.337
put60013.6014.8014.200.59335023.00-0.366-1.2580.364
put61017.7020.0020.620.6174934.00-0.429-1.2560.380
put62022.2025.8023.210.63744119.00-0.496-1.2780.386
put63026.2032.0049.070.6521670.00-0.563-1.2470.381
put64032.0036.8036.930.6122025.00-0.635-1.1280.364
put65038.9045.0076.000.6501110.00-0.693-1.0680.340
put66045.0053.00107.40.67045.000.00-0.757-0.9030.303
put67054.6061.0083.500.67991.000.00-0.812-0.7500.261
put68063.6069.8090.400.71673.000.00-0.852-0.6340.224
put69071.8078.90187.910.75132.000.00-0.897-0.4480.173
put70080.3088.00194.750.7551.000.00-0.918-0.3840.147
put71089.8097.70179.240.8122.000.00-0.929-0.3510.131
put720101.3107131.50.8820.000.00-0.934-0.3610.125
put730109117181.40.8850.000.00-0.945-0.3090.108
put740119.312779.900.9350.000.00-0.979-0.0700.049
put750129.1137125.20.9840.000.00-0.980-0.0710.047
put760138.3147.6165.11.0280.000.00-0.981-0.0720.045
put770148.3157.899.101.0740.000.00-0.982-0.0730.043
put780158.3167.81401.1250.000.00-0.9940.0340.016
put790169177125.41.1660.000.00-0.9940.0350.015
put800180187166.971.2090.000.00-0.9950.0360.015
put810188.3197.8168.31.2530.000.00-0.9950.0360.014
put820198.3207.8125.31.2890.000.00-0.9950.0370.014
put830208.3217.8132.91.3350.000.00-0.9950.0380.013
put840218.3227.8145.861.3750.000.00-0.9950.0380.013
put850228.3237.8251.51.4130.000.00-0.9950.0390.013
put860238.3247.81491.4520.000.00-0.9960.0400.012
put870248.3257.50.001.4890.000.00-0.9960.0410.012
put880258.3267.70.001.5260.000.00-0.9960.0410.012
put890268.3277.80.001.5620.000.00-0.9960.0420.012
put900278.3287.80.001.5970.000.00-0.9960.0430.011
put910288.3297.80.001.6320.000.00-0.9960.0440.011
put920298.3307.80.001.6670.000.00-0.9960.0450.011
put930308.3317.70.001.7010.000.00-0.9960.0460.011
put940318.3327.83121.7270.000.00-0.9960.0460.010
put950328.3337.80.001.7670.000.00-0.9960.0470.010
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put1,140518.3527.80.002.3060.000.00-0.9970.0650.008

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-10-298-KCurrent report2026-10-29SEC
2026-10-2910-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-09-158-KCurrent report2026-09-09SEC
2026-09-114Statement of changes in beneficial ownership of securities2026-09-09SEC
2026-09-113Initial statement of beneficial ownership of securities2026-09-09SEC
2026-08-068-KCurrent report2026-08-06SEC
2026-08-05424B5SEC
2026-08-048-KCurrent report2026-08-03SEC
2026-08-04FWPFiling under Securities Act Rule 163/433 of free writing prospectuses.SEC
2026-08-03424B5SEC
2026-07-308-KCurrent report2026-07-30SEC
2026-07-3010-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-06-034Statement of changes in beneficial ownership of securities2026-06-01SEC
2026-06-034Statement of changes in beneficial ownership of securities2026-06-01SEC
2026-06-034Statement of changes in beneficial ownership of securities2026-06-01SEC
2026-06-034Statement of changes in beneficial ownership of securities2026-06-01SEC
2026-06-034Statement of changes in beneficial ownership of securities2026-06-01SEC
2026-06-034Statement of changes in beneficial ownership of securities2026-06-01SEC
2026-06-034Statement of changes in beneficial ownership of securities2026-06-01SEC
2026-06-014Statement of changes in beneficial ownership of securities2026-05-28SEC
2026-06-01SDSpecialized Disclosure ReportSEC
2026-05-278-KCurrent report2026-05-21SEC
2026-05-264Statement of changes in beneficial ownership of securities2026-05-21SEC
2026-05-264Statement of changes in beneficial ownership of securities2026-05-21SEC
2026-05-264Statement of changes in beneficial ownership of securities2026-05-21SEC
2026-05-263Initial statement of beneficial ownership of securities2026-05-21SEC
2026-05-264Statement of changes in beneficial ownership of securities2026-05-21SEC
2026-05-264Statement of changes in beneficial ownership of securities2026-05-21SEC
2026-05-264Statement of changes in beneficial ownership of securities2026-05-21SEC
2026-05-264Statement of changes in beneficial ownership of securities2026-05-21SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-0500123.24M3
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110014.30M4

Institutional holders

Manager% owned
BlackRock, Inc.8.70%
VANGUARD CAPITAL MANAGEMENT LLC6.53%
VANGUARD PORTFOLIO MANAGEMENT LLC4.62%
STATE STREET CORP4.39%
JPMORGAN CHASE & CO3.54%
PECONIC PARTNERS LLC3.15%
GEODE CAPITAL MANAGEMENT, LLC2.40%
BANK OF AMERICA CORP /DE/2.11%
FMR LLC1.95%
MORGAN STANLEY1.54%

Funds

Fund% owned
Lord Abbett Short Duration Income Fund26.45%
Baird Short-Term Bond Fund20.26%
JPMorgan Core Bond Fund17.29%
LORD ABBETT BOND DEBENTURE FUND INC14.11%
Invesco Ultra Short Duration ETF13.33%
VANGUARD TOTAL BOND MARKET INDEX FUND12.02%
JPMorgan Short Duration Bond Fund10.90%
Transamerica Short-Term Bond9.91%
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND9.90%
VANGUARD TOTAL BOND MARKET II INDEX FUND7.95%

OakChart. PWR. Cached 15 minutes.