Quanta Services Inc (PWR) — Working Capital to Net Assets Ratio
Quanta Services Inc (PWR) has a Working Capital to Net Assets ratio of 13.9% as of March 2026. Working capital of $1.27 Billion (current assets of $10.65 Billion minus current liabilities of $9.38 Billion) is measured against net assets of $9.14 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Quanta Services Inc's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Quanta Services Inc Working Capital to Net Assets (1997–2025)
This chart shows how Quanta Services Inc's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1997 to 2025. As of March 2026, the ratio stands at 13.9%, reflecting working capital of $1.27 Billion against net assets of $9.14 Billion USD. Check PWR intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Quanta Services Inc (1997–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Quanta Services Inc from 1997 to 2025, covering 29 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see PWR company net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 13.2% | $1.19 Billion | $9.03 Billion | $9.90 Billion | $8.72 Billion | ▼ -11.7 pp |
| 2024 | 24.9% | $1.82 Billion | $7.33 Billion | $7.85 Billion | $6.03 Billion | ▼ -14.3 pp |
| 2023 | 39.2% | $2.46 Billion | $6.28 Billion | $7.68 Billion | $5.21 Billion | ▼ -0.2 pp |
| 2022 | 39.5% | $2.13 Billion | $5.40 Billion | $5.54 Billion | $3.41 Billion | ▲ +8.8 pp |
| 2021 | 30.6% | $1.57 Billion | $5.12 Billion | $4.73 Billion | $3.16 Billion | ▼ -2.7 pp |
| 2020 | 33.3% | $1.45 Billion | $4.35 Billion | $3.59 Billion | $2.14 Billion | ▼ -5.3 pp |
| 2019 | 38.7% | $1.57 Billion | $4.05 Billion | $3.83 Billion | $2.26 Billion | ▼ -3.5 pp |
| 2018 | 42.2% | $1.52 Billion | $3.61 Billion | $3.33 Billion | $1.81 Billion | ▲ +5.9 pp |
| 2017 | 36.3% | $1.38 Billion | $3.80 Billion | $2.87 Billion | $1.49 Billion | ▲ +3.9 pp |
| 2016 | 32.4% | $1.08 Billion | $3.34 Billion | $2.29 Billion | $1.21 Billion | ▼ -2.4 pp |
| 2015 | 34.8% | $1.07 Billion | $3.09 Billion | $2.28 Billion | $1.20 Billion | ▲ +3.5 pp |
| 2014 | 31.3% | $1.42 Billion | $4.53 Billion | $2.55 Billion | $1.14 Billion | ▲ +1.4 pp |
| 2013 | 29.9% | $1.27 Billion | $4.24 Billion | $2.31 Billion | $1.04 Billion | ▼ -5.1 pp |
| 2012 | 35.0% | $1.32 Billion | $3.77 Billion | $2.20 Billion | $881.18 Million | ▲ +6.0 pp |
| 2011 | 29.0% | $984.08 Million | $3.39 Billion | $1.77 Billion | $781.08 Million | ▼ -3.5 pp |
| 2010 | 32.6% | $1.10 Billion | $3.37 Billion | $1.60 Billion | $500.39 Million | ▼ -2.4 pp |
| 2009 | 34.9% | $1.09 Billion | $3.11 Billion | $1.58 Billion | $495.69 Million | ▼ 0.0 pp |
| 2008 | 35.0% | $929.69 Million | $2.66 Billion | $1.38 Billion | $451.80 Million | ▲ +9.9 pp |
| 2007 | 25.0% | $547.33 Million | $2.19 Billion | $1.30 Billion | $757.43 Million | ▼ -65.0 pp |
| 2006 | 90.0% | $656.17 Million | $729.08 Million | $990.63 Million | $334.46 Million | ▲ +8.6 pp |
| 2005 | 81.4% | $572.94 Million | $703.74 Million | $831.01 Million | $258.07 Million | ▲ +9.2 pp |
| 2004 | 72.2% | $478.98 Million | $663.25 Million | $700.04 Million | $221.06 Million | ▲ +0.3 pp |
| 2003 | 71.9% | $476.70 Million | $663.13 Million | $676.09 Million | $199.39 Million | ▲ +20.0 pp |
| 2002 | 51.9% | $317.36 Million | $611.67 Million | $529.50 Million | $212.14 Million | ▲ +24.1 pp |
| 2001 | 27.8% | $335.59 Million | $1.21 Billion | $577.12 Million | $241.53 Million | ▼ -4.9 pp |
| 2000 | 32.7% | $349.97 Million | $1.07 Billion | $602.41 Million | $252.44 Million | ▲ +11.0 pp |
| 1999 | 21.7% | $164.20 Million | $756.90 Million | $335.10 Million | $170.90 Million | ▼ -11.1 pp |
| 1998 | 32.8% | $55.90 Million | $170.30 Million | $104.70 Million | $48.80 Million | ▲ +13.2 pp |
| 1997 | 19.6% | $2.20 Million | $11.20 Million | $16.70 Million | $14.50 Million | — |