Quanta Services (PWR)财务
NYSE · Industrials · Engineering & Construction · 员工69,500人 · CEO Earl C. Austin Jr.
- 股价
- $620.73 -2.28%
- 市值
- $935亿
- 企业价值
- $987亿
- 最近财报
- Q3 '26 2026-10-29提交
- 下次财报
- 2027-02-18 EPS预期 $5.01
营收(TTM)$373亿+37.8% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)6.8%+0.9 百分点 对比去年同期营业利润 $25.4亿
净利润(TTM)$16.9亿+66.3% 对比去年同期税后,含营业外收益
自由现金流(TTM)$31.6亿+152.1% 对比去年同期资本支出 $9.13亿
稀释EPS(TTM)$11.04+63.6% 对比去年同期最近4个季度之和
净现金-$52亿+3.9% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $935亿 EV $987亿
- 营收
- $373亿 过去12个月
- 营收增速
- +44% FY2026年一致预期
- 净利润率
- 4.5% 净利润 / 营收,TTM
- P/E
- 55.5× 预期 35.2×(FY2026)
- P/S
- 2.5× 股价 / 营收,TTM
- EV / EBITDA
- 26.9× TTM
- 自由现金流
- $31.6亿 过去12个月
- 净利润
- $16.9亿 过去12个月
- 营收预期
- $407亿 FY2026年一致预期
- 盈利
- 2027-02-18 营收预期 $117亿
- 股息
- $0.44 每股,过去12个月
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-10-29):营收超预期8.9%,EPS 超预期20.7%营收$120亿,预期$110亿(+8.9%);EPS $6.06,预期$5.02(+20.7%)。
- 营收增长加速:同比60.1%Q3 '26营收$120亿,此前四个季度的平均值为25.7%。
- 营业利润率6.8%(TTM),较去年同期+0.9 百分点营收增长37.8%,营业利润增长59.0%。
- 税前利润的12.5%被营业外亏损吞噬税前利润$22.6亿,营业利润$25.4亿(TTM)。股权投资亏损等一次性项目压低了净利润和EPS,营业利润更能反映业务本身。
- 资本支出占营收的2.4%(去年为2.1%)最近4个季度投入$9.13亿(同比+62.2%)。自由现金流$31.6亿,相当于净利润的186.4%。
- 股东回报$2.24亿 = 自由现金流的7.1%回购$1.58亿(去年为$1.75亿),股息$6590万,股权激励$2.47亿(TTM)。
- 稀释股数一年内增加0.8%Q3 '26稀释股数1.53亿,一年前为1.51亿。
- 净债务 $52亿现金 + 短期投资 $23.2亿,含租赁债务 $75.1亿;一年前净债务 $54.1亿。
上一季度:Q3 '26
截至2026-09-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q3 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $120亿 | $75.1亿 | +60.1% |
| 毛利率 | 16.7% | 14.5% | +2.2 百分点 |
| 营业利润 | $10.3亿 | $5.17亿 | +98.5% |
| 营业利润率 | 8.5% | 6.9% | +1.7 百分点 |
| 净利润 | $6.95亿 | $3.39亿 | +104.7% |
| 稀释EPS | $4.55 | $2.24 | +103.1% |
| 经营现金流 | $14.5亿 | $5.63亿 | +158.0% |
| 资本支出 | $2.68亿 | $1.42亿 | +88.1% |
| 自由现金流 | $11.9亿 | $4.21亿 | +181.6% |
| R&D | $0 | $0 | – |
| 股权激励费用 | $6790万 | $4690万 | +44.8% |
实际 vs 一致预期
2026-10-29| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $120亿 | $110亿 | +8.9% |
| EPS(一致预期口径) | $6.06 | $5.02 | +20.7% |
来自2026-10-29发布的Q3 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q3 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Electric Power Infrastructure | – | – | – | – | – | |
| Electric | – | – | – | – | – | |
| Underground Utility and Infrastructure Solutions | $22.2亿 | +51.8% | 100.0% | – | – | |
| Underground and Infrastructure | – | – | – | – | – |
按地区划分的营收
占总额比例| 分部 | Q3 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| United States | $114亿 | +60.7% | 95.1% | $352亿 | +39.6% | |
| CANADA | $3.37亿 | +22.2% | 2.8% | $11.2亿 | +15.7% | |
| AUSTRALIA | $2.21亿 | +9.6% | 1.8% | $8.37亿 | +13.9% | |
| Non-US | $2800万 | -31.4% | 0.2% | $1.31亿 | -51.8% |
分部利润
取自每份10-Q / 10-K分部附注的各披露分部营业利润(多数数据源缺少的利润拆分)。
Q3 '24分部
| 分部 | 营收 | 同比 | 营业利润 | 同比 | 利润率 | 去年同期利润率 | TTM营业利润 |
|---|---|---|---|---|---|---|---|
| Electric Power | – | – | $3.55亿 | – | – | – | – |
| Renewable Energy | – | – | $2.22亿 | – | – | – | – |
| Underground Infrastructure | – | – | $9400万 | – | – | – | – |
| Corporate (unallocated) | – | – | -$2.39亿 | – | – | – | – |
各分部营业利润
季度各分部营业利润率
季度利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $40.7亿
- 资本支出
- -$9.13亿
- 股票回购
- -$1.58亿
- 股息
- -$6590万
- 收购
- -$23.2亿
- 债务净发行
- $13.2亿
- 股权激励费用
- $2.47亿
- 自由现金流
- $31.6亿
- 股东回报 / FCF
- 7.1%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 55.5× | 45.9× | 33.2× – 61.4× |
| EV / EBITDA | 26.9× | 20.8× | 16.3× – 27.1× |
| EV / 营收 | 2.6× | 1.8× | 1.4× – 2.5× |
| 股价 / FCF | 29.6× | 42.0× | 27.5× – 82.5× |
| 股价 / 净资产 | 8.9× | 5.1× | 3.2× – 7.2× |
| FCF收益率 | 3.4% | 2.8% | 1.2% – 3.6% |
| 投入资本回报率 | 9.6% | 7.0% | 5.5% – 8.0% |
| 净资产收益率 | 17.7% | 10.9% | 9.1% – 12.4% |
分析师
一致目标价 $805.29 (+29.7%)
区间 $684.00 – $960.00 · 评级 Buy
强烈买入0
买入27
持有9
卖出0
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $407亿 | +43.6% | $17.65 | +159.6% | 35.2× | 14 |
| FY2027 | $476亿 | +16.9% | $20.86 | +18.2% | 29.8× | 19 |
| FY2028 | $543亿 | +14.1% | $24.74 | +18.6% | 25.1× | 11 |
| FY2029 | $620亿 | +14.3% | $28.38 | +14.7% | 21.9× | 4 |
| FY2030 | $674亿 | +8.7% | $31.46 | +10.9% | 19.7× | 4 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Quanta Services, Inc.在近期10-Q / 10-K文件中标记的全部288项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| $291万2026-03-31 | $384万 | -24.3% | – | – | – | |
| $10亿2026-05-21 | – | – | – | – | – | |
| Accounts Payable and Accrued Liabilities, Current | $71.9亿 | $43.9亿 | +63.6% | $45.8亿 | $37.2亿 | +23.0% |
| Accounts Payable, Trade, Current | $42.6亿 | $27.8亿 | +53.0% | $28.3亿 | $21亿 | +35.1% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $101亿 | $63.6亿 | +59.6% | $68.5亿 | $51.7亿 | +32.4% |
| Accounts Receivable, Allowance for Credit Loss | $1220万 | $1600万 | -23.7% | $1570万 | $1520万 | +3.4% |
| Accounts Receivable, Credit Loss Expense (Reversal) | $103万 | $89.7万 | +14.5% | $372万 | $428万 | -13.1% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$3.35亿 | -$3.26亿 | -2.8% | -$3.07亿 | -$3.73亿 | +17.6% |
| Additional Paid in Capital, Common Stock | $47.6亿 | $40.4亿 | +17.9% | $42.8亿 | $34.4亿 | +24.2% |
| Amortization of Intangible Assets | $1.89亿 | $1.33亿 | +41.6% | $4.99亿 | $3.83亿 | +30.2% |
| Assets | $327亿 | $227亿 | +44.0% | $249亿 | $187亿 | +33.4% |
| Assets, Current | $157亿 | $94.7亿 | +65.9% | $99亿 | $78.5亿 | +26.1% |
| Business Acquisition, Pro Forma Revenue | $120亿 | $86.4亿 | +39.4% | $306亿 | $282亿 | +8.3% |
| Business Combination, Acquisition Related Costs | $1430万 | $1950万 | -26.7% | – | – | – |
| Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability | $1980万 | $680万 | +191.1% | $3120万 | $706万 | +341.7% |
| Business Combination, Contingent Consideration, Liability | $8.37亿 | $4.94亿 | +69.5% | $5.94亿 | $3.45亿 | +72.1% |
| Business Combination, Contingent Consideration, Liability, Current | $1.62亿 | – | – | $347万2020-12-31 | $7760万 | -95.5% |
| Business Combination, Contingent Consideration, Liability, Noncurrent | $6.75亿 | – | – | – | – | – |
| Capital Expenditures Incurred but Not yet Paid | – | – | – | $2690万 | $2730万 | -1.5% |
| Cash and Cash Equivalents, at Carrying Value | $23.2亿 | $6.1亿 | +279.3% | $4.4亿 | $7.42亿 | -40.8% |
| Cash Equivalents, at Carrying Value | $9.08亿 | $3.6亿 | +152.3% | $2.28亿 | $3.48亿 | -34.5% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $23.2亿 | $6.14亿 | +278.3% | $4.43亿 | $7.46亿 | -40.6% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $18.1亿 | $1.01亿 | +1,692.7% | -$3.03亿 | -$5.49亿 | +44.8% |
| Common Stock, Dividends, Per Share, Declared | $0.11 | $0.10 | +10.0% | $0.41 | $0.37 | +10.8% |
| Common Stock, Par or Stated Value Per Share | $0.00 | $0.00 | 0.0% | $0.00 | $0.00 | 0.0% |
| Common Stock, Shares Authorized | 6亿 | 6亿 | 0.0% | 6亿 | 6亿 | 0.0% |
| Common Stock, Shares, Issued | 1.81亿 | 1.79亿 | +1.0% | 1.8亿 | 1.77亿 | +1.6% |
| Common Stock, Shares, Outstanding | 1.51亿 | 1.49亿 | +1.0% | 1.5亿 | 1.48亿 | +1.3% |
| Common Stock, Value, Issued | $2000 | $2000 | 0.0% | $2000 | $2000 | 0.0% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | $1210万 | $342万 | +252.5% | $1350万 | $2250万 | -39.7% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $7.01亿 | $3.12亿 | +124.5% | $10.9亿 | $8.15亿 | +34.2% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $7.13亿 | $3.16亿 | +125.9% | $11.1亿 | $8.38亿 | +32.2% |
| Contract with Customer, Asset, after Allowance for Credit Loss, Current | $17.1亿 | $15.6亿 | +9.5% | $15.2亿 | $12.1亿 | +25.9% |
| Contract with Customer, Liability, Current | $55.4亿 | $24.5亿 | +126.4% | $32.6亿 | $21.5亿 | +51.6% |
| Contract with Customer, Liability, Revenue Recognized | $2.3亿 | $2.5亿 | -8.0% | $19.8亿 | $14.2亿 | +39.4% |
| Contract with Customer, Receivable, after Allowance for Credit Loss, Current | $13.6亿 | $8.64亿 | +57.4% | $9.94亿 | $6.67亿 | +49.2% |
| Contract with Customer, Receivable, after Allowance for Credit Loss, Noncurrent | $3.95亿 | $1.7亿 | +132.8% | $2.29亿 | $1.44亿 | +59.3% |
| Cost of Goods and Services Sold | $100亿 | $64.1亿 | +56.0% | $242亿 | $202亿 | +20.1% |
| Current Federal Tax Expense (Benefit) | – | – | – | $1.84亿 | $1.85亿 | -0.6% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $6690万 | $5200万 | +28.5% |
| Current Income Tax Expense (Benefit) | – | – | – | $3.1亿 | $2.93亿 | +5.8% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $5900万 | $5570万 | +5.9% |
| Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net | $5580万 | $4270万 | +30.7% | $4080万 | $3150万 | +29.4% |
| Debt, Current | $6.39亿 | $9740万 | +556.7% | $7.64亿 | $6270万 | +1,118.7% |
| Decrease in Unrecognized Tax Benefits is Reasonably Possible | $1430万2025-09-30 | $1130万 | +26.5% | $1190万2020-12-31 | $630万 | +88.9% |
| Deferred Compensation Arrangement with Individual, Common Stock Reserved for Future Issuance | 10.9万 | 13.5万 | -19.5% | 11.9万 | 15.5万 | -23.1% |
| Deferred Compensation Liability, Classified, Noncurrent | $1.39亿 | $1.26亿 | +10.4% | $1.26亿 | $1.1亿 | +14.4% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $6300万 | $3450万 | +82.6% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | -$3160万 | -$5740万 | +44.9% |
| Deferred Income Tax Assets, Net | $9240万2025-12-31 | $6310万 | +46.5% | $9240万 | $6310万 | +46.5% |
| Deferred Income Tax Expense (Benefit) | -$3580万2025-12-31 | -$648万 | -453.1% | $3760万 | -$833万 | +551.7% |
| Deferred Income Tax Liabilities, Net | $5.41亿 | $4.52亿 | +19.7% | $5.03亿 | $3.53亿 | +42.3% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $620万 | $1460万 | -57.4% |
| Deferred Tax Assets, Equity Method Investments | $1140万2025-12-31 | $675万 | +69.2% | $1140万 | $675万 | +69.2% |
| Deferred Tax Assets, Goodwill and Intangible Assets | $1800万2025-12-31 | $312万 | +476.4% | $1800万 | $312万 | +476.4% |
| Deferred Tax Assets, Gross | $5.53亿2025-12-31 | $4.99亿 | +10.9% | $5.53亿 | $4.99亿 | +10.9% |
| Deferred Tax Assets, Net of Valuation Allowance | $5.18亿2025-12-31 | $4.56亿 | +13.6% | $5.18亿 | $4.56亿 | +13.6% |
| Deferred Tax Assets, Operating Loss Carryforwards | $1.23亿2025-12-31 | $1.79亿 | -31.5% | $1.23亿 | $1.79亿 | -31.5% |
| Deferred Tax Assets, Other | $422万2025-12-31 | $1480万 | -71.4% | $422万 | $1480万 | -71.4% |
| Deferred Tax Assets, Tax Credit Carryforwards | $2150万2025-12-31 | $1460万 | +47.1% | $2150万 | $1460万 | +47.1% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
数据截至 2026-11-01