Quanta Services (PWR)
Market Price (12/27/2025): $432.67 | Market Cap: $64.5 BilSector: Industrials | Industry: Construction & Engineering
Quanta Services (PWR)
Market Price (12/27/2025): $432.67Market Cap: $64.5 BilSector: IndustrialsIndustry: Construction & Engineering
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 19% | Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 40x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 36x, P/EPrice/Earnings or Price/(Net Income) is 63x |
| Low stock price volatilityVol 12M is 40% | Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.5% |
| Megatrend and thematic driversMegatrends include Renewable Energy Transition, Smart Grids & Grid Modernization, Electrification of Everything, 5G & Advanced Connectivity, Show more. | Key risksPWR key risks include [1] regulatory and permitting delays impeding the conversion of its substantial project backlog into revenue, Show more. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 19% |
| Low stock price volatilityVol 12M is 40% |
| Megatrend and thematic driversMegatrends include Renewable Energy Transition, Smart Grids & Grid Modernization, Electrification of Everything, 5G & Advanced Connectivity, Show more. |
| Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 40x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 36x, P/EPrice/Earnings or Price/(Net Income) is 63x |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.5% |
| Key risksPWR key risks include [1] regulatory and permitting delays impeding the conversion of its substantial project backlog into revenue, Show more. |
Why The Stock Moved
Qualitative Assessment
AI Analysis | Feedback
Here are the key points for the approximate 14.5% stock movement of Quanta Services (PWR) from August 31, 2025, to December 27, 2025:
<b>1. Strong Q3 2025 Financial Results.</b> Quanta Services reported robust third-quarter 2025 earnings on October 30, 2025, with an Earnings Per Share (EPS) of $3.33, surpassing analysts' consensus estimates of $3.24. Additionally, quarterly revenue increased by 17.5% year-over-year to $7.63 billion, exceeding analyst expectations.
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<b>2. Positive Outlook and Expected Double-Digit Earnings Growth.</b> The company demonstrated optimism for its future performance, projecting consistent double-digit earnings growth throughout 2025. This positive outlook, coupled with a track record of strong performance, contributes to investor confidence in Quanta Services' continued financial success.
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<b>3. Robust Backlog Indicating Strong Future Demand.</b> Quanta Services maintained a substantial total backlog, which stood at $34.54 billion at the end of 2024, representing a 14.7% year-on-year increase. This significant backlog provides strong visibility into future revenue and reflects sustained demand for its infrastructure solutions.
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<b>4. Strategic Positioning in High-Growth Infrastructure Sectors.</b> The company is strategically positioned within booming markets, including electric infrastructure, renewable energy, and data center development. Quanta's efforts in installing over 12GW of renewable energy capacity in 2024 and its selection by NiSource to deliver power generation highlight its role in these expanding areas, particularly with the increasing demand from data centers and AI-related grid investments.
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<b>5. Consistent Profitability and Strong Cash Flow Generation.</b> Quanta Services has demonstrated sustained financial health, with 2025 anticipated to mark its sixth consecutive year of profitability. The company also achieved a record free cash flow of $1.6 billion for the full year 2024, underscoring its operational efficiency and ability to generate significant cash, further appealing to investors.
Show moreStock Movement Drivers
Fundamental Drivers
The 6.7% change in PWR stock from 9/26/2025 to 12/26/2025 was primarily driven by a 4.4% change in the company's Total Revenues ($ Mil).| 9262025 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 405.44 | 432.67 | 6.72% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 26052.93 | 27191.17 | 4.37% |
| Net Income Margin (%) | 3.73% | 3.74% | 0.37% |
| P/E Multiple | 61.93 | 63.34 | 2.28% |
| Shares Outstanding (Mil) | 148.45 | 149.04 | -0.40% |
| Cumulative Contribution | 6.71% |
Market Drivers
9/26/2025 to 12/26/2025| Return | Correlation | |
|---|---|---|
| PWR | 6.7% | |
| Market (SPY) | 4.3% | 66.6% |
| Sector (XLI) | 3.0% | 69.6% |
Fundamental Drivers
The 13.5% change in PWR stock from 6/27/2025 to 12/26/2025 was primarily driven by a 9.3% change in the company's Total Revenues ($ Mil).| 6272025 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 381.07 | 432.67 | 13.54% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 24874.31 | 27191.17 | 9.31% |
| Net Income Margin (%) | 3.74% | 3.74% | 0.06% |
| P/E Multiple | 60.71 | 63.34 | 4.34% |
| Shares Outstanding (Mil) | 148.27 | 149.04 | -0.52% |
| Cumulative Contribution | 13.54% |
Market Drivers
6/27/2025 to 12/26/2025| Return | Correlation | |
|---|---|---|
| PWR | 13.5% | |
| Market (SPY) | 12.6% | 58.1% |
| Sector (XLI) | 7.5% | 63.2% |
Fundamental Drivers
The 31.0% change in PWR stock from 12/26/2024 to 12/26/2025 was primarily driven by a 18.7% change in the company's Total Revenues ($ Mil).| 12262024 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 330.22 | 432.67 | 31.02% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 22903.32 | 27191.17 | 18.72% |
| Net Income Margin (%) | 3.54% | 3.74% | 5.79% |
| P/E Multiple | 60.04 | 63.34 | 5.49% |
| Shares Outstanding (Mil) | 147.39 | 149.04 | -1.12% |
| Cumulative Contribution | 31.01% |
Market Drivers
12/26/2024 to 12/26/2025| Return | Correlation | |
|---|---|---|
| PWR | 31.0% | |
| Market (SPY) | 15.8% | 59.2% |
| Sector (XLI) | 18.3% | 61.5% |
Fundamental Drivers
The 201.9% change in PWR stock from 12/27/2022 to 12/26/2025 was primarily driven by a 64.0% change in the company's Total Revenues ($ Mil).| 12272022 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 143.32 | 432.67 | 201.89% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 16580.82 | 27191.17 | 63.99% |
| Net Income Margin (%) | 2.61% | 3.74% | 43.23% |
| P/E Multiple | 47.40 | 63.34 | 33.62% |
| Shares Outstanding (Mil) | 143.35 | 149.04 | -3.97% |
| Cumulative Contribution | 201.41% |
Market Drivers
12/27/2023 to 12/26/2025| Return | Correlation | |
|---|---|---|
| PWR | 100.9% | |
| Market (SPY) | 48.0% | 60.3% |
| Sector (XLI) | 41.3% | 60.4% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| PWR Return | 78% | 60% | 25% | 52% | 47% | 37% | 979% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 150% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 114% |
Monthly Win Rates [3] | |||||||
| PWR Win Rate | 75% | 67% | 67% | 83% | 67% | 58% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| PWR Max Drawdown | -42% | -5% | -15% | -5% | -10% | -25% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL. See PWR Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)
How Low Can It Go
| Event | PWR | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -24.8% | -25.4% |
| % Gain to Breakeven | 33.0% | 34.1% |
| Time to Breakeven | 43 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -42.4% | -33.9% |
| % Gain to Breakeven | 73.6% | 51.3% |
| Time to Breakeven | 74 days | 148 days |
| 2018 Correction | ||
| % Loss | -29.9% | -19.8% |
| % Gain to Breakeven | 42.7% | 24.7% |
| Time to Breakeven | 105 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -69.6% | -56.8% |
| % Gain to Breakeven | 228.5% | 131.3% |
| Time to Breakeven | 1,929 days | 1,480 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
Quanta Services's stock fell -24.8% during the 2022 Inflation Shock from a high on 9/1/2023. A -24.8% loss requires a 33.0% gain to breakeven.
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AI Analysis | Feedback
Here are 1-3 brief analogies to describe Quanta Services (PWR):
Quanta Services is like the Caterpillar of essential infrastructure services; instead of selling heavy equipment, they build and maintain the massive physical networks that deliver electricity, natural gas, and communications.
They are the premier infrastructure builder and maintenance provider for utility companies like NextEra Energy and telecom giants like Verizon, similar to how a large engineering firm like Bechtel constructs major industrial projects.
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- Electric Power Infrastructure Services: Provides engineering, procurement, construction, and maintenance for electric power transmission, distribution, substations, and renewable energy facilities.
- Natural Gas and Pipeline Infrastructure Services: Offers design, construction, and maintenance services for pipelines transporting natural gas, crude oil, and refined products, along with related facilities.
- Telecommunications Infrastructure Services: Delivers services for the design, installation, and maintenance of wireline and wireless communications infrastructure, including fiber optic networks.
AI Analysis | Feedback
Quanta Services (PWR) primarily sells its services to other companies rather than individuals. Due to the diversified nature of its business, Quanta Services typically serves a broad customer base, with no single customer accounting for 10% or more of its consolidated revenues in recent years. However, its major customers are leading companies within the **electric power, oil & gas, and communications infrastructure** industries. Below are representative examples of the types of major public companies that utilize Quanta Services' expertise for their critical infrastructure needs:- Electric Utilities: These companies require services for power transmission and distribution, substation construction, and grid modernization.
- NextEra Energy (NEE)
- Duke Energy (DUK)
- Southern Company (SO)
- American Electric Power (AEP)
- Oil & Gas Pipeline Operators and Midstream Companies: These customers need services for pipeline construction, integrity management, and related infrastructure.
- Kinder Morgan (KMI)
- Enbridge (ENB)
- TC Energy (TRP)
- Williams Companies (WMB)
- Telecommunications Companies: These companies rely on Quanta for fiber optic network deployment, wireless infrastructure, and broadband expansion.
- AT&T (T)
- Verizon (VZ)
- Comcast (CMCSA)
- Lumen Technologies (LUMN)
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- Valmont Industries (VMI)
- Corning Inc. (GLW)
- Eaton Corporation (ETN)
- Tenaris (TS)
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Earl C. "Duke" Austin, Jr. President and Chief Executive Officer
Duke Austin has served as President and Chief Executive Officer of Quanta Services since March 2016. He joined Quanta in 2001 as President of North Houston Pole Line, L.P., an electric power and natural gas specialty contractor that is now a Quanta subsidiary, and held that role until 2009. He later served as President of Quanta's Oil and Gas Division and then concurrently as President of both the Electric Power Division and Oil and Gas Division before becoming Chief Operating Officer in January 2013. Austin played a fundamental role in Quanta's significant growth in its key markets and has been instrumental in transforming Quanta Services into a Fortune 300 company.
Jayshree Desai Chief Financial Officer
Jayshree Desai serves as the Chief Financial Officer of Quanta Services, a position she assumed in July 2022. She oversees the company's finance and accounting, mergers and acquisitions, treasury, and IT functions. Prior to her CFO role, she was Quanta's Chief Corporate Development Officer, joining the company in early 2020. Before Quanta, Desai was President of ConnectGen LLC, a private-equity-backed developer of utility-scale wind, solar, and battery storage projects. She also served as Chief Operating Officer of Clean Line Energy Partners LLC from 2010 to 2018. Earlier in her career, Desai was Chief Financial Officer of EDP Renewables North America (EDPR NA), where she was involved in multiple recapitalizations, including the 2005 sale of EDPR NA's predecessor company to Goldman Sachs Group Inc., the 2007 sale to Energias de Portugal for $2.7 billion, and the 2008 initial public offering of EDP's renewable energy subsidiary.
BJ Ducey President — Strategic Operations
BJ Ducey serves as President of Strategic Operations for Quanta Services. In this role, he supports Quanta's extensive business portfolio and leads a team that evaluates technologies, assets, projects, and opportunities. Ducey has been a key driver of growth and innovation within the company and previously served as Quanta's Senior Vice President of Operations from 2017 through 2023. He has held various other management roles within Quanta since 2012 and was Vice President — Operations and Business Development at Dashiell Corporation, a Quanta operating company, from 2006 through 2012.
Karl Studer President, Electric Power
Karl Studer serves as President of Electric Power for Quanta Services. He is responsible for directly overseeing all of Quanta's electrical operations across the United States, Canada, and Australia. His leadership has significantly contributed to the strategic growth of Quanta Services in all areas of electrical engineering and construction. Prior to this, Studer was Regional Vice President of Quanta Services and also served as President and Chief Executive Officer of the Probst Group, which consists of Quanta-owned operating units specializing in electrical infrastructure construction across the U.S.
Donald Wayne Executive Vice President – General Counsel
Donald Wayne serves as Executive Vice President and General Counsel of Quanta Services. With over 25 years of legal experience, including more than two decades as General Counsel to energy and construction companies, he provides legal advice tailored to the energy infrastructure industry. Before joining Quanta, Wayne worked as an attorney with the law firm Akin, Gump, Strauss, Hauer & Feld LLP. He also held roles as Vice President and General Counsel of U.S. Concrete Inc., and later as Senior Vice President, General Counsel, and Corporate Secretary for Archrock Inc.
AI Analysis | Feedback
The key risks to Quanta Services (PWR) are primarily related to project execution, financial exposure, and the broader economic and regulatory environment impacting infrastructure development.
- Regulatory and Permitting Delays and Dependence on Large Infrastructure Investments: Quanta Services' business heavily relies on large-scale infrastructure projects, including "green" energy initiatives. A significant risk is the potential for regulatory and permitting delays, particularly for extensive, cross-state transmission lines, which can impede the conversion of their substantial project backlog into revenue.
- Exposure to Fixed-Price Contracts and Cost Overruns: The company's business model includes exposure to fixed-price contracts. This creates a risk of cost overruns due to unforeseen inflation, wage pressures, supply chain challenges, or project delays, which can negatively impact profit margins. The variability in project performance and profitability, especially for larger, more complex undertakings, also poses a risk.
- Financial Risks, including Debt and Interest Rate Fluctuations: Quanta Services carries a significant amount of debt. Its variable-rate indebtedness exposes the company to interest rate risk, meaning increased interest rates could raise debt service obligations and reduce net income and cash flows. Furthermore, there is a risk that the company's credit rating could be lowered or withdrawn, which could impact its financing capabilities.
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Quanta Services (NYSE: PWR) operates in several key infrastructure sectors. The addressable markets for their main products and services in North America are substantial:
- Electric Power Infrastructure Services: The North America Electric Power Transmission and Distribution Equipment Market was valued at approximately USD 87.05 billion in 2024 and is projected to reach USD 121.59 billion by 2030. Additionally, the broader North America Transmission Infrastructure Market, which includes design, installation, upgrade, repair, and maintenance, was valued at USD 235.94 billion in 2024 and is anticipated to reach USD 541.32 billion by 2035.
- Renewable Energy Infrastructure Solutions: The North America Renewable Energy Market size was valued at approximately USD 341.32 billion in 2024.
- Pipeline Infrastructure Services: The North America Gas Pipeline Infrastructure Market was valued at approximately USD 1,478.1 billion in 2024. The North America Pipeline Transportation Market, which includes oil and gas, was valued at USD 8.91 billion in 2023.
- Communications Infrastructure Services: The North America Telecom Network Infrastructure Market accounted for more than 38% of the global market share, with revenues amounting to approximately USD 37.8 billion in 2023.
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Expected Drivers of Future Revenue Growth for Quanta Services (PWR)
Over the next 2-3 years, Quanta Services (PWR) is expected to experience revenue growth driven by several key factors:
- Electric Grid Upgrades and Modernization: Increasing demand for power grid upgrades and modernization, driven by an aging infrastructure, growing load, and the integration of new energy sources, is a significant revenue driver. This includes high-voltage transmission projects aimed at improving resilience and reliability. Approximately 50% of Quanta's 2024 revenue was from electric grid and utility services, with an expected growth of 5-10% in 2025.
- Renewable Energy Infrastructure Development: Quanta Services is a key player in the expansion of renewable energy infrastructure, including utility-scale solar and battery energy storage projects. This growth is bolstered by policy support, such as the Inflation Reduction Act (IRA), and rising demand for clean energy integration. This segment is projected to see 20-25% revenue growth in 2025.
- Data Center Infrastructure Expansion: The accelerating demand for artificial intelligence (AI) and cloud computing is leading to substantial capital expenditure in data center infrastructure. Quanta is strategically expanding its exposure to this fast-growing market, partly through recent acquisitions like Cupertino Electric and Dynamic Systems. The technology and load centers segment, heavily influenced by data centers, is expected to grow by 100-105% in 2025, largely due to these acquisitions.
- Strategic Acquisitions and Service Diversification: Quanta's consistent strategy of making strategic acquisitions and diversifying its service offerings enables cross-selling into high-growth markets and strengthens its competitive advantage. Recent acquisitions such as Cupertino Electric and Dynamic Systems are anticipated to contribute significantly to revenue by expanding capabilities and market reach.
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Share Repurchases
- On May 23, 2023, Quanta's Board of Directors authorized a stock repurchase program allowing the company to purchase up to $500 million of its outstanding common stock through June 30, 2026.
- As of June 30, 2024, $499.7 million remained available under this repurchase program.
- Under a previous program approved in August 2020, Quanta acquired approximately 1.4 million shares for a total cost of approximately $155 million.
Share Issuance
- In connection with earned and vested Performance Share Units (PSUs), 0.3 million shares of common stock were issued during the six months ended June 30, 2024, with an approximate fair value of $75.4 million.
- For the six months ended June 30, 2023, 0.7 million shares of common stock were issued related to earned and vested PSUs, with an approximate fair value of $115.5 million.
- Quanta Services' shares outstanding increased slightly from 0.148 billion in 2022 to 0.149 billion in 2023, and to 0.15 billion in 2024.
Outbound Investments
- In January and February 2025, Quanta acquired two businesses: one in the United States specializing in civil solutions (primarily for the Underground and Infrastructure segment) and another in Australia focusing on electrical engineering and industrial technology solutions (for Electric Infrastructure Solutions and Underground Utility and Infrastructure Solutions segments).
- Aggregate upfront consideration for these 2025 acquisitions was approximately $562.1 million in cash and stock.
- Quanta completed the acquisition of Cupertino Electric, Inc. (CEI) in 2024, enhancing its exposure to the data center market.
Capital Expenditures
- Quanta Services' capital expenditures have shown an increasing trend, from $260.1 million in 2020 to $604.1 million in 2024.
- For fiscal year 2024, capital expenditures were approximately $604 million, supporting a surge in free cash flow to $1.48 billion.
- Projected capital expenditures are expected to continue to increase, with plans for $665 million in 2025, $737 million in 2026, and $825 million in 2027, primarily focused on supporting infrastructure solutions for utilities, renewable energy, communications, and data centers.
Latest Trefis Analyses
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Trade Ideas
Select ideas related to PWR. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | CNM | Core & Main | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 18.3% | 18.3% | -1.6% |
| 11212025 | VRRM | Verra Mobility | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 5.5% | 5.5% | -1.2% |
| 11212025 | LII | Lennox International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 7.1% | 7.1% | 0.0% |
| 11212025 | ADP | Automatic Data Processing | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 2.9% | 2.9% | -1.2% |
| 11212025 | CW | Curtiss-Wright | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 5.7% | 5.7% | -0.4% |
Research & Analysis
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Peer Comparisons for Quanta Services
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 175.78 |
| Mkt Cap | 174.7 |
| Rev LTM | 56,496 |
| Op Inc LTM | 7,584 |
| FCF LTM | 7,327 |
| FCF 3Y Avg | 7,366 |
| CFO LTM | 8,590 |
| CFO 3Y Avg | 8,697 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.4% |
| Rev Chg 3Y Avg | 3.2% |
| Rev Chg Q | 9.4% |
| QoQ Delta Rev Chg LTM | 2.1% |
| Op Mgn LTM | 12.1% |
| Op Mgn 3Y Avg | 11.9% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 14.6% |
| CFO/Rev 3Y Avg | 17.1% |
| FCF/Rev LTM | 11.6% |
| FCF/Rev 3Y Avg | 12.1% |
Segment Financials
Revenue by Segment| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Electric Power | 9,697 | 8,940 | 7,624 | 6,468 | 7,122 |
| Renewable Energy | 6,170 | 3,779 | 1,825 | 1,305 | |
| Underground and Infrastructure | 5,015 | 4,355 | 3,531 | 3,429 | 4,990 |
| Total | 20,882 | 17,074 | 12,980 | 11,203 | 12,112 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Electric Power | 1,013 | 959 | 865 | 648 | 591 |
| Renewable Energy | 477 | 304 | 182 | 178 | |
| Underground and Infrastructure | 378 | 318 | 150 | 170 | 332 |
| Corporate and non-allocated costs | -741 | -709 | -534 | -385 | -368 |
| Total | 1,128 | 872 | 664 | 611 | 555 |
Price Behavior
| Market Price | $432.67 | |
| Market Cap ($ Bil) | 64.5 | |
| First Trading Date | 02/12/1998 | |
| Distance from 52W High | -7.3% | |
| 50 Days | 200 Days | |
| DMA Price | $442.73 | $375.15 |
| DMA Trend | up | up |
| Distance from DMA | -2.3% | 15.3% |
| 3M | 1YR | |
| Volatility | 35.9% | 40.3% |
| Downside Capture | 235.07 | 151.85 |
| Upside Capture | 220.27 | 157.13 |
| Correlation (SPY) | 66.8% | 59.3% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.70 | 1.64 | 1.63 | 1.39 | 1.21 | 1.27 |
| Up Beta | 1.07 | 1.06 | 0.90 | 0.99 | 1.01 | 1.19 |
| Down Beta | 3.70 | 1.17 | 1.16 | 1.27 | 1.12 | 1.21 |
| Up Capture | 175% | 250% | 267% | 194% | 209% | 347% |
| Bmk +ve Days | 12 | 25 | 38 | 73 | 141 | 426 |
| Stock +ve Days | 12 | 27 | 37 | 71 | 133 | 404 |
| Down Capture | 148% | 171% | 171% | 138% | 122% | 105% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 7 | 14 | 25 | 54 | 115 | 346 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of PWR With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| PWR | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 31.9% | 19.3% | 17.8% | 72.1% | 8.6% | 4.4% | -8.3% |
| Annualized Volatility | 40.1% | 18.8% | 19.4% | 19.3% | 15.2% | 17.0% | 35.0% |
| Sharpe Ratio | 0.79 | 0.80 | 0.72 | 2.70 | 0.34 | 0.09 | -0.08 |
| Correlation With Other Assets | 61.5% | 59.2% | 6.7% | 24.5% | 26.8% | 34.6% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data
| Comparison of PWR With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| PWR | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 44.7% | 13.8% | 14.7% | 18.7% | 11.5% | 4.6% | 30.8% |
| Annualized Volatility | 34.5% | 17.2% | 17.1% | 15.5% | 18.7% | 18.9% | 48.7% |
| Sharpe Ratio | 1.15 | 0.65 | 0.70 | 0.97 | 0.50 | 0.16 | 0.57 |
| Correlation With Other Assets | 63.5% | 58.5% | 9.6% | 23.9% | 42.0% | 25.3% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of PWR With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| PWR | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 36.4% | 13.5% | 14.8% | 15.3% | 7.0% | 5.3% | 69.2% |
| Annualized Volatility | 33.0% | 19.9% | 18.0% | 14.7% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 1.03 | 0.60 | 0.71 | 0.86 | 0.32 | 0.22 | 0.90 |
| Correlation With Other Assets | 68.6% | 62.2% | 3.6% | 30.2% | 47.1% | 13.7% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/30/2025 | 1.1% | 1.1% | 0.8% |
| 7/31/2025 | -1.2% | -5.7% | -6.1% |
| 5/1/2025 | 10.0% | 10.6% | 17.0% |
| 2/20/2025 | -3.7% | -8.0% | -7.2% |
| 10/31/2024 | -3.2% | -0.3% | 10.6% |
| 8/1/2024 | -4.0% | -6.4% | 2.1% |
| 5/2/2024 | -0.4% | 3.5% | 7.8% |
| 2/22/2024 | 10.3% | 13.0% | 21.3% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 14 | 16 | 19 |
| # Negative | 10 | 8 | 5 |
| Median Positive | 5.9% | 5.5% | 10.6% |
| Median Negative | -2.4% | -6.1% | -6.1% |
| Max Positive | 10.6% | 15.7% | 34.8% |
| Max Negative | -4.0% | -10.6% | -15.1% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 10302025 | 10-Q 9/30/2025 |
| 6302025 | 7312025 | 10-Q 6/30/2025 |
| 3312025 | 5012025 | 10-Q 3/31/2025 |
| 12312024 | 2202025 | 10-K 12/31/2024 |
| 9302024 | 10312024 | 10-Q 9/30/2024 |
| 6302024 | 8012024 | 10-Q 6/30/2024 |
| 3312024 | 5022024 | 10-Q 3/31/2024 |
| 12312023 | 2222024 | 10-K 12/31/2023 |
| 9302023 | 11022023 | 10-Q 9/30/2023 |
| 6302023 | 8032023 | 10-Q 6/30/2023 |
| 3312023 | 5042023 | 10-Q 3/31/2023 |
| 12312022 | 2232023 | 10-K 12/31/2022 |
| 9302022 | 11042022 | 10-Q 9/30/2022 |
| 6302022 | 8042022 | 10-Q 6/30/2022 |
| 3312022 | 5052022 | 10-Q 3/31/2022 |
| 12312021 | 2252022 | 10-K 12/31/2021 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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