Quanta Services Debt-to-Assets Ratio Growth & History (PWR)
Quanta Services's debt-to-assets ratio was 0.26 for fiscal 2025.
View full Quanta Services company overviewQuanta Services annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.26 | 0.02 | +7.42% |
| 2024 | 2024-12-31 | 0.24 | −0.04 | −12.80% |
| 2023 | 2023-12-31 | 0.27 | −0.02 | −6.89% |
| 2022 | 2022-12-31 | 0.30 | −0.02 | −5.16% |
| 2021 | 2021-12-31 | 0.31 | 0.14 | +79.95% |
| 2020 | 2020-12-31 | 0.17 | −0.03 | −12.96% |
| 2019 | 2019-12-31 | 0.20 | 0.04 | +27.04% |
| 2018 | 2018-12-31 | 0.16 | 0.05 | +50.51% |
| 2017 | 2017-12-31 | 0.10 | 0.04 | +52.54% |
| 2016 | 2016-12-31 | 0.07 | −0.03 | −27.16% |
| 2015 | 2015-12-31 | 0.09 | 0.08 | +609.10% |
| 2014 | 2014-12-31 | 0.01 | 0.01 | +1610.77% |
| 2013 | 2013-12-31 | 0.00 | 0.00 | +43953.04% |
| 2012 | 2012-12-31 | 0.00 | 0.00 | — |
| 2011 | 2011-12-31 | 0.00 | 0.00 | — |
| 2010 | 2010-12-31 | 0.00 | — | — |
Quanta Services quarterly debt-to-assets ratio
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.23 | −0.02 | −9.10% |
| Q1 2026 | 2026-03-31 | 0.25 | −0.00 | −1.08% |
| Q4 2025 | 2025-12-31 | 0.26 | 0.02 | +7.42% |
| Q3 2025 | 2025-09-30 | 0.26 | −0.00 | −0.30% |
| Q2 2025 | 2025-06-30 | 0.26 | 0.02 | +7.13% |
| Q1 2025 | 2025-03-31 | 0.25 | −0.01 | −3.74% |
| Q4 2024 | 2024-12-31 | 0.24 | −0.04 | −12.80% |
| Q3 2024 | 2024-09-30 | 0.27 | −0.01 | −5.10% |
| Q2 2024 | 2024-06-30 | 0.24 | −0.07 | −21.77% |
| Q1 2024 | 2024-03-31 | 0.26 | −0.05 | −17.41% |
| Q4 2023 | 2023-12-31 | 0.27 | −0.02 | −6.89% |
| Q3 2023 | 2023-09-30 | 0.28 | −0.03 | −10.64% |
| Q2 2023 | 2023-06-30 | 0.31 | −0.01 | −3.36% |
| Q1 2023 | 2023-03-31 | 0.31 | −0.00 | −0.47% |
| Q4 2022 | 2022-12-31 | 0.30 | −0.02 | −5.16% |
| Q3 2022 | 2022-09-30 | 0.31 | 0.01 | +4.58% |
| Q2 2022 | 2022-06-30 | 0.32 | 0.13 | +71.45% |
| Q1 2022 | 2022-03-31 | 0.31 | 0.12 | +65.85% |
| Q4 2021 | 2021-12-31 | 0.31 | 0.14 | +79.95% |
| Q3 2021 | 2021-09-30 | 0.30 | 0.12 | +67.80% |
| Q2 2021 | 2021-06-30 | 0.18 | −0.02 | −10.44% |
| Q1 2021 | 2021-03-31 | 0.19 | −0.05 | −20.41% |
| Q4 2020 | 2020-12-31 | 0.17 | −0.03 | −12.96% |
| Q3 2020 | 2020-09-30 | 0.18 | −0.07 | −27.45% |
| Q2 2020 | 2020-06-30 | 0.21 | −0.03 | −10.83% |
| Q1 2020 | 2020-03-31 | 0.24 | 0.02 | +8.42% |
| Q4 2019 | 2019-12-31 | 0.20 | 0.04 | +27.04% |
| Q3 2019 | 2019-09-30 | 0.25 | 0.11 | +80.95% |
| Q2 2019 | 2019-06-30 | 0.23 | 0.11 | +83.30% |
| Q1 2019 | 2019-03-31 | 0.22 | 0.09 | +64.29% |
| Q4 2018 | 2018-12-31 | 0.16 | 0.05 | +50.51% |
| Q3 2018 | 2018-09-30 | 0.14 | 0.02 | +17.71% |
| Q2 2018 | 2018-06-30 | 0.13 | 0.04 | +49.07% |
| Q1 2018 | 2018-03-31 | 0.13 | 0.06 | +73.53% |
| Q4 2017 | 2017-12-31 | 0.10 | 0.04 | +52.54% |
| Q3 2017 | 2017-09-30 | 0.12 | 0.03 | +28.52% |
| Q2 2017 | 2017-06-30 | 0.08 | 0.01 | +9.08% |
| Q1 2017 | 2017-03-31 | 0.08 | −0.00 | −1.54% |
| Q4 2016 | 2016-12-31 | 0.07 | −0.03 | −27.16% |
| Q3 2016 | 2016-09-30 | 0.09 | 0.02 | +35.41% |
| Q2 2016 | 2016-06-30 | 0.08 | 0.04 | +112.96% |
| Q1 2016 | 2016-03-31 | 0.08 | 0.06 | +262.90% |
| Q4 2015 | 2015-12-31 | 0.09 | 0.08 | +609.10% |
| Q3 2015 | 2015-09-30 | 0.07 | 0.05 | +388.58% |
| Q2 2015 | 2015-06-30 | 0.04 | 0.04 | +5097.66% |
| Q1 2015 | 2015-03-31 | 0.02 | 0.02 | +2650.99% |
| Q4 2014 | 2014-12-31 | 0.01 | 0.01 | +1610.77% |
| Q3 2014 | 2014-09-30 | 0.01 | — | — |
| Q2 2014 | 2014-06-30 | 0.00 | — | — |
| Q1 2014 | 2014-03-31 | 0.00 | — | — |
| Q4 2013 | 2013-12-31 | 0.00 | 0.00 | +43953.04% |
| Q4 2012 | 2012-12-31 | 0.00 | 0.00 | — |
| Q3 2012 | 2012-09-30 | 0.00 | 0.00 | — |
| Q2 2012 | 2012-06-30 | 0.00 | 0.00 | — |
| Q1 2012 | 2012-03-31 | 0.00 | 0.00 | — |
| Q4 2011 | 2011-12-31 | 0.00 | 0.00 | — |
| Q3 2011 | 2011-09-30 | 0.00 | — | — |
| Q2 2011 | 2011-06-30 | 0.00 | — | — |
| Q1 2011 | 2011-03-31 | 0.00 | — | — |
| Q4 2010 | 2010-12-31 | 0.00 | — | — |
Quanta Services debt-to-assets ratio trends
Over the last five fiscal years, Quanta Services's debt-to-assets ratio increased from 0.17 to 0.26, a change of 0.08. The latest reported quarter, Q2 2026, shows 0.23.
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Quanta Services source filings ↗Community posts
Quanta raises annual forecasts after revenue and earnings accelerate
Quanta Services ($PWR) increased its 2026 revenue forecast to $41.3–41.6 billion and its adjusted EPS outlook to $17.90–18.30. Third-quarter 2026 revenue reached $12.01 billion, compared with $7.63 billion a year earlier. Net income attribu ...