Quanta Services Inc (PWR) - Net Assets
Based on the latest financial reports, Quanta Services Inc (PWR) has net assets worth $9.03 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($24.93 Billion) and total liabilities ($15.90 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Quanta Services Inc (PWR) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $9.03 Billion |
| % of Total Assets | 36.22% |
| Annual Growth Rate | 27.0% |
| 5-Year Change | 76.43% |
| 10-Year Change | 170.08% |
| Growth Volatility | 268.59 |
Quanta Services Inc - Net Assets Trend (1997–2025)
This chart illustrates how Quanta Services Inc's net assets have evolved over time, based on quarterly financial data. Also explore PWR asset base for the complete picture of this company's asset base.
Annual Net Assets for Quanta Services Inc (1997–2025)
The table below shows the annual net assets of Quanta Services Inc from 1997 to 2025. For live valuation and market cap data, see PWR market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $9.03 Billion | +23.17% |
| 2024-12-31 | $7.33 Billion | +16.65% |
| 2023-12-31 | $6.28 Billion | +16.38% |
| 2022-12-31 | $5.40 Billion | +5.51% |
| 2021-12-31 | $5.12 Billion | +17.66% |
| 2020-12-31 | $4.35 Billion | +7.28% |
| 2019-12-31 | $4.05 Billion | +12.44% |
| 2018-12-31 | $3.61 Billion | -5.01% |
| 2017-12-31 | $3.80 Billion | +13.55% |
| 2016-12-31 | $3.34 Billion | +8.25% |
| 2015-12-31 | $3.09 Billion | -31.77% |
| 2014-12-31 | $4.53 Billion | +6.70% |
| 2013-12-31 | $4.24 Billion | +12.44% |
| 2012-12-31 | $3.77 Billion | +11.29% |
| 2011-12-31 | $3.39 Billion | +0.66% |
| 2010-12-31 | $3.37 Billion | +8.24% |
| 2009-12-31 | $3.11 Billion | +17.03% |
| 2008-12-31 | $2.66 Billion | +21.64% |
| 2007-12-31 | $2.19 Billion | +199.71% |
| 2006-12-31 | $729.08 Million | +3.60% |
| 2005-12-31 | $703.74 Million | +6.10% |
| 2004-12-31 | $663.25 Million | +0.02% |
| 2003-12-31 | $663.13 Million | +8.41% |
| 2002-12-31 | $611.67 Million | -49.31% |
| 2001-12-31 | $1.21 Billion | +12.89% |
| 2000-12-31 | $1.07 Billion | +41.23% |
| 1999-12-31 | $756.90 Million | +344.45% |
| 1998-12-31 | $170.30 Million | +1420.54% |
| 1997-12-31 | $11.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Quanta Services Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 56459.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $6.67 Billion | 74.67% |
| Common Stock | $2.00K | 0.00% |
| Other Comprehensive Income | $-307.21 Million | -3.44% |
| Other Components | $2.57 Billion | 28.77% |
| Total Equity | $8.94 Billion | 100.00% |
Quanta Services Inc Competitors by Market Cap
The table below lists competitors of Quanta Services Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trane Technologies plc
F:2IS
|
$87.59 Billion |
|
State Bank of India
F:SID
|
$87.65 Billion |
|
Intercontinental Exchange Inc
NYSE:ICE
|
$87.66 Billion |
|
Zurich Insurance Group AG
F:ZFI1
|
$87.82 Billion |
|
Samsung Electronics Co Pref
KO:005935
|
$86.82 Billion |
|
Johnson Controls International PLC
NYSE:JCI
|
$86.82 Billion |
|
National Grid PLC ADR
NYSE:NGG
|
$86.46 Billion |
|
National Australia Bank Ltd
AU:NAB
|
$86.11 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Quanta Services Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,317,731,000 to 8,938,249,000, a change of 1,620,518,000 (22.1%).
- Net income of 1,028,428,000 contributed positively to equity growth.
- Dividend payments of 60,416,000 reduced retained earnings.
- Share repurchases of 134,555,000 reduced equity.
- Other comprehensive income increased equity by 65,497,000.
- Other factors increased equity by 721,564,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.03 Billion | +11.51% |
| Dividends Paid | $60.42 Million | -0.68% |
| Share Repurchases | $134.56 Million | -1.51% |
| Other Comprehensive Income | $65.50 Million | +0.73% |
| Other Changes | $721.56 Million | +8.07% |
| Total Change | $- | 22.15% |
Book Value vs Market Value Analysis
This analysis compares Quanta Services Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 12.60x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 2862.81x to 12.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $0.26 | $742.21 | x |
| 1998-12-31 | $4.01 | $742.21 | x |
| 1999-12-31 | $8.99 | $742.21 | x |
| 2000-12-31 | $13.96 | $742.21 | x |
| 2001-12-31 | $15.42 | $742.21 | x |
| 2002-12-31 | $7.57 | $742.21 | x |
| 2003-12-31 | $5.98 | $742.21 | x |
| 2004-12-31 | $5.77 | $742.21 | x |
| 2005-12-31 | $6.03 | $742.21 | x |
| 2006-12-31 | $6.19 | $742.21 | x |
| 2007-12-31 | $13.06 | $742.21 | x |
| 2008-12-31 | $13.49 | $742.21 | x |
| 2009-12-31 | $15.44 | $742.21 | x |
| 2010-12-31 | $15.89 | $742.21 | x |
| 2011-12-31 | $15.87 | $742.21 | x |
| 2012-12-31 | $17.70 | $742.21 | x |
| 2013-12-31 | $19.70 | $742.21 | x |
| 2014-12-31 | $20.55 | $742.21 | x |
| 2015-12-31 | $15.81 | $742.21 | x |
| 2016-12-31 | $21.23 | $742.21 | x |
| 2017-12-31 | $24.13 | $742.21 | x |
| 2018-12-31 | $23.37 | $742.21 | x |
| 2019-12-31 | $27.45 | $742.21 | x |
| 2020-12-31 | $29.91 | $742.21 | x |
| 2021-12-31 | $35.17 | $742.21 | x |
| 2022-12-31 | $36.38 | $742.21 | x |
| 2023-12-31 | $42.15 | $742.21 | x |
| 2024-12-31 | $48.77 | $742.21 | x |
| 2025-12-31 | $58.93 | $742.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Quanta Services Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.51%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.63%
- • Asset Turnover: 1.14x
- • Equity Multiplier: 2.79x
- Recent ROE (11.51%) is above the historical average (3.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 22.32% | 3.28% | 2.13x | 3.19x | $1.38 Million |
| 1998 | 8.93% | 4.92% | 0.92x | 1.97x | $-1.83 Million |
| 1999 | 7.12% | 5.82% | 0.80x | 1.53x | $-21.79 Million |
| 2000 | 9.89% | 5.90% | 0.96x | 1.75x | $-1.17 Million |
| 2001 | 7.11% | 4.26% | 0.99x | 1.69x | $-34.91 Million |
| 2002 | -101.29% | -35.39% | 1.28x | 2.23x | $-680.72 Million |
| 2003 | -5.28% | -2.13% | 1.12x | 2.21x | $-101.30 Million |
| 2004 | -1.39% | -0.57% | 1.11x | 2.20x | $-75.52 Million |
| 2005 | 4.20% | 1.59% | 1.20x | 2.21x | $-40.82 Million |
| 2006 | 2.40% | 0.82% | 1.30x | 2.25x | $-55.43 Million |
| 2007 | 6.22% | 5.12% | 0.78x | 1.55x | $-82.54 Million |
| 2008 | 6.27% | 4.41% | 1.06x | 1.34x | $-99.06 Million |
| 2009 | 5.22% | 4.89% | 0.81x | 1.32x | $-148.76 Million |
| 2010 | 4.55% | 3.90% | 0.91x | 1.29x | $-183.38 Million |
| 2011 | 3.92% | 2.87% | 0.98x | 1.39x | $-205.68 Million |
| 2012 | 8.14% | 5.18% | 1.15x | 1.36x | $-70.03 Million |
| 2013 | 9.49% | 6.16% | 1.13x | 1.37x | $-21.50 Million |
| 2014 | 6.57% | 3.78% | 1.24x | 1.40x | $-154.73 Million |
| 2015 | 10.08% | 4.11% | 1.45x | 1.69x | $2.36 Million |
| 2016 | 5.94% | 2.59% | 1.43x | 1.60x | $-135.56 Million |
| 2017 | 8.31% | 3.33% | 1.46x | 1.71x | $-64.18 Million |
| 2018 | 8.14% | 2.63% | 1.58x | 1.96x | $-67.07 Million |
| 2019 | 9.93% | 3.32% | 1.45x | 2.06x | $-2.99 Million |
| 2020 | 10.26% | 3.98% | 1.33x | 1.93x | $11.18 Million |
| 2021 | 9.51% | 3.74% | 1.01x | 2.51x | $-25.27 Million |
| 2022 | 9.12% | 2.88% | 1.27x | 2.50x | $-47.16 Million |
| 2023 | 11.87% | 3.57% | 1.29x | 2.59x | $117.46 Million |
| 2024 | 12.36% | 3.82% | 1.27x | 2.55x | $173.05 Million |
| 2025 | 11.51% | 3.63% | 1.14x | 2.79x | $134.60 Million |
Industry Comparison
This section compares Quanta Services Inc's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,104,036,845
- Average return on equity (ROE) among peers: -9.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Quanta Services Inc (PWR) | $9.03 Billion | 22.32% | 1.76x | $87.09 Billion |
| Arcosa Inc (ACA) | $2.18 Billion | 11.25% | 0.53x | $5.50 Billion |
| Aecom Technology Corporation (ACM) | $2.37 Billion | 16.97% | 4.09x | $10.87 Billion |
| Argan Inc (AGX) | $41.87 Million | -7.66% | 2.48x | $6.36 Billion |
| Ameresco Inc (AMRC) | $289.54 Million | 1.03% | 1.52x | $1.09 Billion |
| Api Group Corp (APG) | $2.87 Billion | 5.33% | 1.65x | $19.15 Billion |
| Concrete Pumping Holdings Class A (BBCP) | $267.11 Million | -22.93% | 1.90x | $342.26 Million |
| Topbuild Corp (BLD) | $1.93 Billion | 28.81% | 1.39x | $12.32 Billion |
| Blink Charging Co (BLNK) | $7.43 Million | -129.79% | 0.61x | $95.19 Million |
| Bowman Consulting Group Ltd (BWMN) | $122.86 Million | 4.07% | 1.08x | $483.57 Million |
| Cadeler A/S (CDLR) | $959.04 Million | 1.20% | 0.31x | $2.10 Billion |
About Quanta Services Inc
Quanta Services, Inc. offers infrastructure solutions for the electric and gas utility, power generation, load center, manufacturing, communications, pipeline, and energy industries. The company's Electric Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation… Read more