Quanta Services Inc - Company Profile
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Quanta Services Inc (Quanta) is a provider of contracting services and infrastructure solutions. It designs, installs, upgrades, repairs and maintains infrastructure of electric power transmission and distribution networks, substation facilities, renewable energy facilities, pipeline transmission and distribution systems and facilities, and related infrastructure. The company also provides emergency restoration services, upgrade of electric power infrastructure; designs, installs and maintains renewable energy generation facilities including solar, wind and certain types of natural gas; and oil and gas pipeline protection, integrity testing, rehabilitation and replacement, and fabrication of pipeline support systems and related structures and facilities. Quanta serves to electric power and oil and gas companies; offshore and inland water energy markets and commercial, industrial and governmental entities. It operates in the US, Canada, and Australia. Quanta is headquartered in Houston, Texas, the US.
Headquarters
United States of America
Address
2727 North Loop West, Houston, Texas, 77008-1044
Website
www.quantaservices.com
Telephone
1 713 6297600
No of Employees
52,500
Industry
Construction
Ticker Symbol & Exchange
PWR (NYSE)
Revenue (2023)
$20.9B
22.3%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
51.6%
(2023 vs 2022)
Market Cap*
$36.9B
Net Profit Margin (2023)
XYZ
24.0%
(2023 vs 2022)
* As of and is in US$
Quanta Services Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Electric Power |
| Installation and maintenance of Transmission Systems, Distribution Facilities and Substations |
| Installation of Smart Grid Facilities |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Acquisitions/Mergers/Takeovers | In February, the company completed the acquisition of Evergreen North America Industrial Services from The Sterling Group. |
| 2023 | Contracts/Agreements | In May, the company and Hitachi Energy selected by Pattern Energy Group LP to provide comprehensive infrastructure solutions for the SunZia Transmission and SunZia Wind projects. |
| 2023 | Contracts/Agreements | In May, the company entered into a partnership with Navistar under which Navistar will provide International Truck and IC Bus customers with a comprehensive vehicle and charging infrastructure solution. |
Competitor Comparison
| Key Parameters | Quanta Services Inc | Jacobs Solutions Inc | Fluor Corp | AECOM | EMCOR Group Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Houston | Dallas | Irving | Dallas | Norwalk |
| State/Province | Texas | Texas | Texas | Texas | Connecticut |
| No. of Employees | 52,500 | 60,000 | 30,187 | 52,000 | 38,300 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| David M. McClanahan | Chairman | Executive Board | 2017 | 72 |
| Earl C. Austin, Jr. | Director; Chief Executive Officer; President | Executive Board | 2016 | - |
| Jayshree Desai | Chief Financial Officer | Senior Management | - | - |
| Redgie Probst | Chief Operating Officer | Senior Management | 2022 | - |
| Paul Gregory | Chief Strategy Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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