Quanta Services
Quanta Services returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | 11.41% | 12.96% | 13.31% | 15.17% | 5.51% | 3.7 pp |
| FY 2026 Q1 | Mar 31, 2026 | 10.14% | 11.6% | 7.2% | 13.39% | 4.92% | 2.4 pp |
| FY 2025 Q4 | Dec 31, 2025 | 9.54% | 11.17% | 4.65% | 12.65% | 4.72% | 1.8 pp |
| FY 2025 Q3 | Sep 30, 2025 | 9.66% | 11.26% | 10.33% | 13.16% | 4.89% | 2 pp |
| FY 2025 Q2 | Jun 30, 2025 | 10.46% | 12.18% | 9.14% | 13.47% | 5.43% | 2.8 pp |
| FY 2025 Q1 | Mar 31, 2025 | 10.35% | 11.99% | 11.05% | 13.48% | 5.37% | 2.7 pp |
| FY 2024 Q4 | Dec 31, 2024 | 10.33% | 11.37% | 10.08% | 13.32% | 5.18% | 2.6 pp |
| FY 2024 Q3 | Sep 30, 2024 | 9% | 10.42% | 8.45% | 12.42% | 4.76% | 1.3 pp |
| FY 2024 Q2 | Jun 30, 2024 | 9.42% | 10.98% | — | 12.86% | 5.15% | 1.7 pp |
| FY 2024 Q1 | Mar 31, 2024 | 9.29% | 10.86% | 178.7% | 12.94% | 5.19% | 1.6 pp |
| FY 2023 Q4 | Dec 31, 2023 | 9.76% | 10.7% | 48.64% | 12.78% | 5.01% | 2.1 pp |
| FY 2023 Q3 | Sep 30, 2023 | 8.8% | 10.17% | 31.39% | 12.45% | 4.89% | 1.1 pp |
| FY 2023 Q2 | Jun 30, 2023 | 7.59% | 9.14% | 18.91% | 10.68% | 4.17% | -0.1 pp |
| FY 2023 Q1 | Mar 31, 2023 | 7.19% | 8.63% | 17.55% | 9.42% | 3.71% | -0.5 pp |
| FY 2022 Q4 | Dec 31, 2022 | 7.31% | 8.83% | 186.84% | 9.36% | 3.73% | -0.4 pp |
| FY 2022 Q3 | Sep 30, 2022 | 7.8% | 8.24% | -0.06% | 8.82% | 3.62% | 0.1 pp |
| FY 2022 Q2 | Jun 30, 2022 | 7.75% | 8.7% | -0.03% | 9.4% | 4.15% | 0.1 pp |
| FY 2022 Q1 | Mar 31, 2022 | 7.45% | 8.21% | 0.29% | 10.11% | 4.46% | -0.2 pp |
| FY 2021 Q4 | Dec 31, 2021 | 7.49% | 8.32% | 1.23% | 10.28% | 4.57% | -0.2 pp |
| FY 2021 Q3 | Sep 30, 2021 | 10.48% | 9.67% | 20.3% | 12.55% | 5.8% | 2.8 pp |
| FY 2021 Q2 | Jun 30, 2021 | 10.83% | 11.01% | 17.92% | 12.85% | 6.42% | 3.1 pp |
| FY 2021 Q1 | Mar 31, 2021 | 9.84% | 10.25% | 34.83% | 12.17% | 5.92% | 2.1 pp |
| FY 2020 Q4 | Dec 31, 2020 | 9.12% | 9.92% | 91.65% | 10.62% | 5.33% | 1.4 pp |
| FY 2020 Q3 | Sep 30, 2020 | 7.88% | 9.22% | — | 9.77% | 4.61% | 0.2 pp |
| FY 2020 Q2 | Jun 30, 2020 | 8.13% | 9.09% | — | 9.54% | 4.58% | 0.4 pp |
| FY 2020 Q1 | Mar 31, 2020 | 7.19% | 8.61% | -53.46% | 8.52% | 4.07% | -0.5 pp |
| FY 2019 Q4 | Dec 31, 2019 | 7.98% | 9.79% | 7.22% | 10.5% | 5.22% | 0.3 pp |
| FY 2019 Q3 | Sep 30, 2019 | 6.64% | 9.37% | — | 8.82% | 4.28% | -1.1 pp |
| FY 2019 Q2 | Jun 30, 2019 | 6.96% | 9.63% | — | 8.82% | 4.49% | -0.7 pp |
| FY 2019 Q1 | Mar 31, 2019 | 8.26% | 10.65% | — | 10.21% | 5.29% | 0.6 pp |
| FY 2018 Q4 | Dec 31, 2018 | — | — | — | — | — | — |
| FY 2018 Q3 | Sep 30, 2018 | — | — | — | — | — | — |
| FY 2018 Q2 | Jun 30, 2018 | — | — | — | — | — | — |
| FY 2018 Q1 | Mar 31, 2018 | — | — | — | — | — | — |
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.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · PWR, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.