Quanta Services debt and dilution43

Borrowings, liquidity, share count and stock-based dilution.

Total debt

USD millions

$6,104.884M

Cash & equivalents

USD millions

$506.431M

Net debt

USD millions

$5,598.453M

Debt / equity

0.63×

Debt / assets

21.58%

Net debt / EBITDA

× · TTM

1.83×

Debt / FCF

× · TTM

2.55×

Interest coverage

× · TTM

6.92×

Current ratio

1.1×

Diluted shares

Million shares

152.44M shares

Basic shares

Million shares

150.21M shares

Share count growth

1.19%

Share repurchases

USD millions

$0M

Quarterly data

Quanta Services capital history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal period	Ended	Total debtUSD millions	Cash & equivalentsUSD millions	Net debtUSD millions	Debt / equity×	Debt / assets%	Net debt / EBITDA×	Debt / FCF×	Interest coverage×	Current ratio×	Diluted sharesMillion shares	Basic sharesMillion shares	Share count growth%	Share repurchasesUSD millions
FY 2026 Q2	Jun 30, 2026	6,104.88	506.43	5,598.45	0.63×	21.58%	1.83×	2.55×	6.92×	1.1×	152.44	150.21	1.19%	0
FY 2026 Q1	Mar 31, 2026	5,891.61	364.76	5,526.85	0.64×	22.88%	2.06×	3.5×	6.1×	1.14×	152.09	149.78	1.02%	0
FY 2025 Q4	Dec 31, 2025	5,994.91	439.51	5,555.4	0.66×	24.05%	2.2×	3.7×	6.16×	1.14×	151.77	149.38	1.08%	0
FY 2025 Q3	Sep 30, 2025	5,629.6	610.39	5,019.22	0.67×	24.75%	2.05×	4.5×	6.52×	1.34×	151.5	149.04	1.12%	0
FY 2025 Q2	Jun 30, 2025	4,740.63	509.46	4,231.17	0.6×	23.83%	1.82×	3.49×	6.49×	1.37×	150.92	148.45	1.27%	16
FY 2025 Q1	Mar 31, 2025	4,433.72	520.56	3,913.16	0.59×	23.17%	1.77×	3.09×	6.62×	1.31×	150.96	148.27	1.6%	118.57
FY 2024 Q4	Dec 31, 2024	4,162.44	741.96	3,420.48	0.57×	22.28%	1.64×	2.82×	6.64×	1.3×	150.49	147.79	1.55%	0
FY 2024 Q3	Sep 30, 2024	4,688.08	764.07	3,924.01	0.66×	24.85%	2.06×	2.6×	6.21×	1.23×	150.56	147.39	1.33%	0
FY 2024 Q2	Jun 30, 2024	3,522.78	518.14	3,004.64	0.54×	22.12%	1.64×	2.28×	6.46×	1.3×	149.79	146.58	0.8%	0
FY 2024 Q1	Mar 31, 2024	3,720.72	531.06	3,189.67	0.58×	23.94%	1.79×	2.78×	6.21×	1.36×	149.35	145.94	1.02%	0
FY 2023 Q4	Dec 31, 2023	4,198.71	1,290.25	2,908.46	0.67×	25.86%	1.67×	3.68×	6.03×	1.47×	149.04	145.53	1.62%	0.35
FY 2023 Q3	Sep 30, 2023	3,981.92	305.36	3,676.56	0.66×	26.22%	2.22×	5.38×	6.09×	1.61×	148.79	145.46	1.47%	0
FY 2023 Q2	Jun 30, 2023	4,257.77	361.97	3,895.81	0.74×	28.88%	2.55×	5.99×	5.91×	1.68×	148.77	145.42	1.09%	0
FY 2023 Q1	Mar 31, 2023	4,124.1	217.12	3,906.98	0.75×	29.38%	2.62×	6.02×	6.23×	1.63×	148.66	144.47	0.65%	0
FY 2022 Q4	Dec 31, 2022	3,729.93	428.51	3,301.42	0.69×	27.7%	2.18×	5.31×	7.01×	1.63×	147.68	143.21	0.24%	12.65
FY 2022 Q3	Sep 30, 2022	3,918.87	215.4	3,703.47	0.75×	29.47%	2.59×	12.77×	6.66×	1.6×	147.68	143.35	2.39%	20.75
FY 2022 Q2	Jun 30, 2022	3,898.46	150.65	3,747.8	0.76×	29.87%	2.81×	307.67×	7.39×	1.56×	148.21	143.85	2.55%	84.89
FY 2022 Q1	Mar 31, 2022	3,834.28	238.26	3,596.02	0.75×	29.46%	3.02×	29.59×	8.22×	1.51×	148.08	143.54	2.44%	9.48
FY 2021 Q4	Dec 31, 2021	3,753.64	229.1	3,524.54	0.73×	29.2%	3.25×	19.1×	9.63×	1.5×	148.12	142.87	1.55%	0
FY 2021 Q3	Sep 30, 2021	2,954.65	1,696.21	1,258.44	0.64×	27.68%	1.22×	10.46×	12.91×	2.41×	144.3	140.01	-0.38%	17.76
FY 2021 Q2	Jun 30, 2021	1,364.72	212.47	1,152.25	0.3×	15.65%	1.13×	3.38×	14.46×	1.75×	144.61	140.28	0.3%	29.45
FY 2021 Q1	Mar 31, 2021	1,358.27	200.22	1,158.05	0.31×	15.87%	1.21×	1.84×	14.82×	1.72×	144.45	140.12	-3%	19.47
FY 2020 Q4	Dec 31, 2020	1,189.06	184.62	1,004.44	0.27×	14.16%	1.1×	1.39×	13.58×	1.68×	146.03	140.7	-3.55%	47.25
FY 2020 Q3	Sep 30, 2020	1,211.65	216.94	994.71	0.29×	14.55%	1.13×	0.97×	11.1×	1.69×	144.36	140.54	-3.68%	0
FY 2020 Q2	Jun 30, 2020	1,387.39	530.67	856.72	0.35×	17.15%	1.02×	1.15×	9.2×	1.74×	143.52	139.86	-4.17%	0
FY 2020 Q1	Mar 31, 2020	1,662.74	377.21	1,285.54	0.44×	20.21%	1.6×	2.89×	7.7×	1.78×	146.79	144.45	-0.45%	200
FY 2019 Q4	Dec 31, 2019	1,367.06	164.8	1,202.27	0.34×	16.41%	1.44×	5.16×	8.3×	1.69×	148.9	145.88	-2.51%	0
FY 2019 Q3	Sep 30, 2019	1,886.23	80.04	1,806.19	0.48×	21.28%	2.19×	—	9.31×	1.82×	147.44	145.91	-4.36%	0
FY 2019 Q2	Jun 30, 2019	1,570.13	73.36	1,496.78	0.42×	19.57%	1.88×	—	10.66×	1.97×	147.24	145.94	-4.82%	0.16
FY 2019 Q1	Mar 31, 2019	1,389.34	85.42	1,303.92	0.37×	18.16%	1.56×	—	13.27×	2×	146.46	145.11	-7.31%	19.93
FY 2018 Q4	Dec 31, 2018	1,106.18	78.69	1,027.49	0.31×	15.63%	1.31×	16.97×	14.62×	1.84×	151.34	149.63	—	226.49
FY 2018 Q3	Sep 30, 2018	975.7	113.52	862.17	0.26×	13.57%	—	—	—	1.86×	153.69	152.56	—	26.76
FY 2018 Q2	Jun 30, 2018	856.24	120.36	735.88	0.23×	12.61%	—	—	—	1.82×	154.6	153.33	—	15.99
FY 2018 Q1	Mar 31, 2018	885.57	101.74	783.83	0.24×	13.31%	—	—	—	1.91×	157.56	156.55	—	173.91

Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.

Market prices: Yahoo Finance · PWR, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Total debt: Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
Cash & equivalents: Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
Net debt: Total debt − cash and equivalents. Negative means net cash.
Debt / equity: Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
Debt / assets: Total debt / total assets × 100.
Net debt / EBITDA: Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
Debt / FCF: Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
Interest coverage: TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
Current ratio: Current assets / positive current liabilities.
Diluted shares: Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
Basic shares: Reported weighted average basic shares, normalized for subsequent recorded stock splits.
Share count growth: Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
Share repurchases: Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.

SEC company facts · CIK 1050915