AI load growth requires transmission, substation, and grid-hardening work.
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Price
$671.86
1D change
+0.60%
Market cap
$101.01B
Sector
Industrials
| Metric | PWR |
|---|---|
| Price | $671.86 |
| 1D Change | +0.60% |
| Market Cap | $101.01B |
| Enterprise Value | $107.21B |
| Trailing P/E | 77.0 |
| Forward P/E | 35.0 |
| PEG Ratio | 1.84x |
| Price / Sales | 3.1 |
| EV / Revenue | 3.3 |
| Revenue Growth | 41.1% |
| Earnings Growth | 94.7% |
| Gross Margin | 15.5% |
| Operating Margin | 7.2% |
| Net Margin | 4.0% |
| ROE | 15.3% |
| Free Cash Flow | $1.96B |
| FCF Margin | 5.9% |
| Debt / Equity | 0.68x |
| Current Ratio | 1.10x |
| Dividend Yield | 0.07% |
| Next Earnings | Oct 29, 2026 |
| Quarterly Revenue | $9.56B |
| Revenue QoQ | +21.4% |
| Quarterly Net Income | $451.4M |
| Net Income QoQ | +104.6% |
PWR thesis lens
Grid construction and electrification services
Why it could benefit
- AI load growth requires transmission, substation, and grid-hardening work.
- Quanta is a major contractor for electric power, utility, and energy infrastructure.
- It gives the dashboard exposure to the labor and project layer behind AI power demand.
Moat / edge
- Scale in specialty utility contracting.
- Long relationships with utilities and infrastructure customers.
- Backlog tied to grid modernization and electrification.
What to watch
- Electric power backlog growth.
- Labor availability and project execution.
- Utility capex tied to data-center interconnection.
Key risks
- Weather, labor, and project timing can affect results.
- Infrastructure spending cycles may not map cleanly to AI demand.