Quanta Services Cash Flow Statement
NYSE: PWRIndustrialsEngineering & ConstructionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Quanta Services free cash flow
In fiscal 2025, Quanta Services generated $2.23 billion of operating cash flow and spent $609.2 million on capital expenditures. That left free cash flow of $1.62 billion, a free-cash-flow margin of 5.7% of revenue. Free cash flow was up 9.7% from the prior year's $1.48 billion.
Quanta Services returned $195.0 million to shareholders: $60.4 million in dividends and $134.6 million in share repurchases, equal to 12% of free cash flow. Free cash flow covered dividend payments 26.8 times.
Summary generated from market data by MetaCap's automated system. Methodology
Quanta Services cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 1.04B | 927.28M | 750.69M | 511.64M | 491.98M | 451.96M | 406.81M | 296.01M | 318.23M | 200.10M |
| Net Income growth (YoY) | +12.36% | +23.52% | +46.72% | +4.00% | +8.86% | +11.10% | +37.43% | -6.98% | +59.03% | -37.82% |
| Depreciation & Amortization | 411.54M | 359.36M | 324.79M | 290.65M | 255.53M | 225.26M | 218.11M | 202.52M | 183.81M | 170.24M |
| Stock-Based Compensation | 181.95M | 150.53M | 126.76M | 105.60M | 88.26M | 91.64M | 52.01M | 52.48M | 46.45M | 42.84M |
| Change in Working Capital | 462.20M | 374.46M | 205.59M | -229.72M | -457.68M | 327.37M | -156.81M | -400.53M | -241.76M | -48.67M |
| Operating Cash Flow | 2.23B | 2.08B | 1.58B | 1.13B | 582.39M | 1.12B | 526.55M | 358.79M | 371.89M | 390.75M |
| Capital Expenditures | -609.15M | -604.08M | -434.80M | -427.63M | -385.85M | -260.05M | -261.76M | -293.60M | -244.65M | -212.56M |
| Investing Cash Flow | -3.83B | -2.29B | -989.65M | -617.19M | -2.90B | -499.32M | -617.60M | -402.67M | -572.08M | -264.38M |
| Dividends Paid | -60.42M | -54.20M | -47.75M | -41.06M | -34.02M | -28.89M | -23.24M | 0 | 0 | — |
| Share Repurchases | -134.56M | 0 | -350.00K | -127.76M | -66.69M | -247.25M | -20.09M | -443.15M | -50.00M | 0 |
| Debt Issued | — | — | 0 | 0 | 1.49B | 990.13M | 0 | 0 | — | — |
| Debt Repaid | 0 | -500.00M | 0 | 0 | — | — | — | — | — | — |
| Financing Cash Flow | 1.27B | -305.64M | 268.50M | -311.07M | 2.36B | -601.37M | 177.69M | -16.57M | 227.76M | -133.84M |
| Net Change in Cash | -303.19M | -549.03M | 861.83M | 201.33M | 45.08M | 17.06M | 86.49M | -60.52M | 29.36M | -14.36M |
| Free Cash Flow | 1.62B | 1.48B | 1.14B | 702.68M | 196.54M | 855.92M | 264.79M | 65.19M | 127.24M | 178.19M |
This table shows 10 annual periods of Quanta Services's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow PWR's reporting calendar. What is a cash flow statement?