Quanta Services, Inc. (PWR) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 391.74M | 1.13B | 563.5M | 295.71M | 243.2M | 712.01M | 739.91M | 391.31M | 237.96M | 1B | 406.59M | 127.41M | 38.41M | 583.13M | 343.36M | 118.73M | 85.09M | 249.95M | 17.88M | 188.95M |
| Operating CF Margin % | 4.97% | 14.38% | 7.51% | 4.37% | 3.9% | 10.86% | 11.4% | 6.99% | 4.73% | 17.35% | 7.23% | 2.52% | 0.87% | 13.2% | 7.7% | 2.81% | 2.15% | 6.37% | 0.53% | 6.3% |
| Operating CF Growth % | 61.08% | 58.36% | -23.84% | -24.43% | 2.2% | -29.05% | 81.98% | 207.12% | 519.53% | 72.1% | 18.41% | 7.31% | -54.86% | 133.3% | 1820.8% | -37.16% | -32.26% | -9.47% | -84.44% | -62.02% |
| Net Income | 231.43M | 315.45M | 339.42M | 233.52M | 148.97M | 310.29M | 299.02M | 191.88M | 126.09M | 210.91M | 273.52M | 166.58M | 96.97M | 174.14M | 156.32M | 96.16M | 85.03M | 106.3M | 175.4M | 118.97M |
| Depreciation & Amortization | 265.68M | 253.68M | 237.07M | 211.9M | 207.68M | 212.65M | 200.4M | 162.87M | 166.41M | 160.26M | 152.85M | 149.9M | 150.78M | 135.36M | 140.65M | 181.9M | 186.71M | 169M | 84.39M | 84.05M |
| Stock-Based Compensation | 62.63M | 52.83M | 46.9M | 44.07M | 38.15M | 39.71M | 38.23M | 37.25M | 35.33M | 32.1M | 32.6M | 34.61M | 27.45M | 27.87M | 26.65M | 28.09M | 22.99M | 24.01M | 21.64M | 23.92M |
| Deferred Taxes | 0 | -73.43M | 79.17M | -12.63M | 6.89M | -6.48M | 3.52M | -601K | -4.76M | -10.49M | 27.95M | 8.27M | -12M | 2.44M | 39.22M | 8.49M | -8.1M | 11.83M | -2.5M | 14.25M |
| Other Non-Cash Items | -66.31M | 62.78M | 1.18B | 6.39M | 4.4M | 19.65M | 2.1M | 5.18M | -3.71M | 7.01M | -19.95M | 1.46M | 22.53M | 8.68M | 9.22M | 50.92M | -12.71M | 24.32M | -13.36M | 12.8M |
| Working Capital Changes | -101.68M | 516.26M | -1.32B | -187.54M | -162.88M | 136.19M | 196.64M | -5.27M | -81.4M | 603.74M | -60.38M | -233.41M | -247.33M | 234.64M | -28.7M | -246.83M | -188.83M | -85.5M | -247.69M | -65.04M |
| Change in Receivables | -745.88M | 30.64M | -608.05M | -87.75M | -84.65M | 72.69M | -345.19M | -341.13M | 441.24M | 256.51M | -303.31M | -391.36M | 27.87M | -33.23M | -314.01M | -189.12M | 25.18M | 51.41M | -411.89M | 76.51M |
| Change in Inventory | -76.75M | -50.92M | -45.14M | -22.91M | -2.77M | 11.21M | 0 | 0 | -34.99M | 0 | -475.84M | -163.79M | 1.06M | -4.89M | -2.58M | -2.38M | -9.49M | 7.56M | 5K | -5.71M |
| Change in Payables | 120.99M | -46.78M | -647.25M | 0 | -54.49M | -278.84M | 388.45M | 292.68M | 0 | -4.64M | 475.84M | 334.27M | -33.62M | -143.67M | 229.99M | 115.8M | -57.9M | -194M | 230.63M | 63.98M |
| Cash from Investing | -221.41M | -1.55B | -1.31B | -459.93M | -520.62M | -167.17M | -1.54B | -202.65M | -386.61M | -267.33M | -154.96M | -78.74M | -488.62M | -141.44M | -264.73M | -117.95M | -93.07M | -2.48B | -96.54M | -96.37M |
| Capital Expenditures | -220.09M | -193.59M | -149.2M | -140.35M | -132.76M | -146.99M | -212.5M | -161.46M | -83.14M | -101.37M | -146.71M | -106.03M | -80.7M | -90.92M | -106.02M | -121.64M | -110.21M | -153.2M | -74.81M | -75.22M |
| CapEx % of Revenue | 2.79% | 2.47% | 1.99% | 2.07% | 2.13% | 2.24% | 3.27% | 2.89% | 1.65% | 1.75% | 2.61% | 2.1% | 1.82% | 2.06% | 2.38% | 2.87% | 2.78% | 3.9% | 2.23% | 2.51% |
| Acquisitions | -22.94M | -1.36B | -1.05B | -340.15M | -394.26M | -30.56M | -1.35B | -66.73M | -384.07M | -180.01M | -21.27M | -134K | -457.74M | -74.78M | -176.93M | -13.14M | -8.32M | -2.37B | -38.41M | -35.68M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 21.62M | 7.76M | -146.54M | 20.57M | 6.4M | 10.37M | 20.86M | 22.86M | 54.03M | 14.05M | -133.69M | -81.82M | 16.24M | 77.98M | 18.22M | 24.72M | 9M | 43.19M | 16.69M | 11.72M |
| Cash from Financing | -248.46M | 243.57M | 844.66M | 134.39M | 52.35M | -533.06M | 1.03B | -203.25M | -603.04M | 237.45M | -305.24M | 93.61M | 242.69M | -227.35M | -12.81M | -87.47M | 16.55M | 766.05M | 1.56B | -81.75M |
| Debt Issued (Net) | -54.17M | 306.5M | -609.04M | 286.41M | 271.4M | -539.77M | 1.15B | -202.55M | -504.46M | 228.15M | -291.04M | 111.08M | 380.64M | -198.96M | 28.25M | 72.32M | 50.22M | 783.78M | 1.6B | -3.2M |
| Equity Issued (Net) | -143.52M | 0 | 0 | -15.99M | -118.57M | -14.93M | -62.83M | -2.09M | -75.71M | -350K | 0 | -2.08M | 0 | -16.6M | -20.75M | -149.85M | -9.48M | 0 | -17.76M | -29.45M |
| Dividends Paid | -17.16M | -15.03M | -15.07M | -14.85M | -15.46M | -13.43M | -13.76M | -13.26M | -13.74M | -11.69M | -11.56M | -11.68M | -12.82M | -10.06M | -10.07M | -10.09M | -10.84M | -8.39M | -8.41M | -8.41M |
| Share Repurchases | -143.52M | 0 | 0 | -15.99M | -118.57M | -14.93M | -62.83M | -2.09M | -75.71M | -350K | 0 | -2.08M | -108.69M | -12.65M | -20.75M | -84.89M | -9.48M | 0 | -17.76M | -29.45M |
| Other Financing | -33.6M | -47.9M | 1.47B | -121.18M | -85.02M | 35.06M | -44.39M | 14.64M | -9.13M | 21.35M | -2.96M | -3.72M | -125.13M | -1.73M | -10.24M | 147K | -13.35M | -9.34M | -8.8M | -40.69M |
| Net Change in Cash | -72.99M | -170.85M | 99.52M | -10.48M | -222.78M | -22.76M | 247.02M | -11.63M | -761.66M | 985.15M | -58.42M | 144.19M | -209.09M | 214.88M | 64.97M | -87.47M | 8.95M | -1.47B | 1.48B | 12.1M |
| Free Cash Flow | 171.65M | 933.97M | 421.05M | 155.36M | 110.44M | 565.03M | 527.42M | 229.86M | 154.82M | 894.13M | 259.88M | 21.38M | -42.29M | 492.21M | 237.34M | -2.9M | -25.12M | 96.75M | -56.94M | 113.73M |
| FCF Margin % | 2.18% | 11.91% | 5.61% | 2.29% | 1.77% | 8.62% | 8.12% | 4.11% | 3.08% | 15.46% | 4.62% | 0.42% | -0.95% | 11.14% | 5.32% | -0.07% | -0.63% | 2.47% | -1.7% | 3.79% |
| FCF Growth % | 55.43% | 65.3% | -20.17% | -32.41% | -28.67% | -36.81% | 102.94% | 974.9% | 466.07% | 81.66% | 9.5% | 836.11% | -68.35% | 408.73% | 516.86% | -102.55% | -159.63% | -47% | -188.85% | -74.69% |
| FCF per Share | 1.13 | 6.16 | 2.78 | 1.03 | 0.73 | 3.75 | 3.50 | 1.53 | 1.04 | 6.00 | 1.75 | 0.14 | -0.28 | 3.34 | 1.61 | -0.02 | -0.17 | 0.65 | -0.39 | 0.79 |
| FCF Conversion (FCF/Net Income) | 1.69x | 3.57x | 1.66x | 1.29x | 1.69x | 2.33x | 2.52x | 2.08x | 2.01x | 4.76x | 1.49x | 0.77x | 0.40x | 3.59x | 2.20x | 1.35x | 1.01x | 2.39x | 0.10x | 1.61x |
| Interest Paid | 0 | 0 | 0 | 0 | 57.99M | 47.38M | 38.15M | 51.8M | 29.01M | 62.34M | 34.67M | 61.17M | 17.61M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 123.52M | -119.42M | 17.64M | 79.54M | 22.24M | 77.32M | 42.28M | 111.54M | 17.39M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |