Quanta Services Free Cash Flow (FCF) History (PWR)
Quanta Services reported $1.62B in free cash flow for fiscal 2025, an increase of 9.73% from the previous fiscal year, with a free cash flow margin of 5.69%.
View full Quanta Services company overviewQuanta Services free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.62B | $143.7M | +9.73% | +5.69% |
| 2024 | 2024-12-31 | $1.48B | $336.0M | +29.44% | +6.24% |
| 2023 | 2023-12-31 | $1.14B | $438.5M | +62.40% | +5.46% |
| 2022 | 2022-12-31 | $702.7M | $506.1M | +257.53% | +4.12% |
| 2021 | 2021-12-31 | $196.5M | −$659.4M | −77.04% | +1.51% |
| 2020 | 2020-12-31 | $855.9M | $591.1M | +223.25% | +7.64% |
| 2019 | 2019-12-31 | $264.8M | $199.6M | +306.16% | +2.19% |
| 2018 | 2018-12-31 | $65.2M | −$62.0M | −48.76% | +0.58% |
| 2017 | 2017-12-31 | $127.2M | −$51.0M | −28.59% | +1.34% |
| 2016 | 2016-12-31 | $178.2M | −$240.5M | −57.44% | +2.33% |
| 2015 | 2015-12-31 | $418.7M | $418.2M | +79497.15% | +5.53% |
| 2014 | 2014-12-31 | $526,000 | −$148.1M | −99.65% | +0.01% |
| 2013 | 2013-12-31 | $148.6M | $191.2M | — | +2.32% |
| 2012 | 2012-12-31 | −$42.6M | −$98.4M | — | −0.72% |
| 2011 | 2011-12-31 | $55.7M | −$40.5M | −42.06% | +1.33% |
| 2010 | 2010-12-31 | $96.2M | −$115.7M | −54.60% | +2.65% |
| 2009 | 2009-12-31 | $211.9M | $155.1M | +272.66% | +6.39% |
| 2008 | 2008-12-31 | $56.9M | −$34.4M | −37.72% | +1.50% |
| 2007 | 2007-12-31 | $91.3M | — | — | +3.44% |
Quanta Services quarterly free cash flow
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $864.5M | $709.1M | +456.44% | +9.05% |
| Q1 2026 | 2026-03-31 | $171.7M | $61.2M | +55.43% | +2.18% |
| Q4 2025 | 2025-12-31 | $934.0M | $368.9M | +65.30% | +11.91% |
| Q3 2025 | 2025-09-30 | $421.0M | −$106.4M | −20.17% | +5.52% |
| Q2 2025 | 2025-06-30 | $155.4M | −$74.5M | −32.41% | +2.29% |
| Q1 2025 | 2025-03-31 | $110.4M | −$44.4M | −28.67% | +1.77% |
| Q4 2024 | 2024-12-31 | $565.0M | −$329.1M | −36.81% | +8.62% |
| Q3 2024 | 2024-09-30 | $527.4M | $260.6M | +97.69% | +8.12% |
| Q2 2024 | 2024-06-30 | $229.9M | $207.7M | +938.43% | +4.11% |
| Q1 2024 | 2024-03-31 | $154.8M | $196.7M | — | +3.08% |
| Q4 2023 | 2023-12-31 | $894.1M | — | — | +15.46% |
| Q3 2023 | 2023-09-30 | $266.8M | $29.4M | +12.38% | +4.75% |
| Q2 2023 | 2023-06-30 | $22.1M | $25.0M | — | +0.44% |
| Q1 2023 | 2023-03-31 | −$41.9M | −$17.1M | — | −0.95% |
| Q3 2022 · Sep 30 | 2022-09-30 | $237.4M | $294.1M | — | +5.32% |
| Q2 2022 · Jun 30 | 2022-06-30 | −$2.8M | −$116.9M | — | −0.07% |
| Q1 2022 | 2022-03-31 | −$24.8M | −$67.0M | — | −0.63% |
| Q3 2021 · Sep 30 | 2021-09-30 | −$56.7M | −$120.8M | — | −1.69% |
| Q2 2021 · Jun 30 | 2021-06-30 | $114.0M | −$335.3M | −74.62% | +3.80% |
| Q1 2021 · Mar 31 | 2021-03-31 | $42.1M | −$117.3M | −73.58% | +1.56% |
| Q3 2020 · Sep 30 | 2020-09-30 | $64.1M | $39.2M | +157.11% | +2.12% |
| Q2 2020 · Jun 30 | 2020-06-30 | $449.3M | $630.8M | — | +17.93% |
| Q1 2020 · Mar 31 | 2020-03-31 | $159.4M | $310.8M | — | +5.77% |
| Q3 2019 · Sep 30 | 2019-09-30 | $24.9M | $60.0M | — | +0.74% |
| Q2 2019 · Jun 30 | 2019-06-30 | −$181.4M | −$256.2M | — | −6.39% |
| Q1 2019 · Mar 31 | 2019-03-31 | −$151.4M | −$110.6M | — | −5.39% |
| Q3 2018 | 2018-09-30 | −$35.0M | −$145.6M | — | −1.17% |
| Q2 2018 | 2018-06-30 | $74.7M | $128.2M | — | +2.81% |
| Q1 2018 | 2018-03-31 | −$40.8M | $9.9M | — | −1.69% |
| Q4 2017 | 2017-12-31 | $120.8M | $3.3M | +2.81% | +4.87% |
| Q3 2017 | 2017-09-30 | $110.6M | $215.0M | — | +4.24% |
| Q2 2017 | 2017-06-30 | −$53.4M | −$60.4M | — | −2.43% |
| Q1 2017 | 2017-03-31 | −$50.7M | −$208.8M | — | −2.33% |
| Q4 2016 | 2016-12-31 | $117.5M | −$75.5M | −39.11% | +5.59% |
| Q3 2016 | 2016-09-30 | −$104.4M | −$165.3M | — | −5.11% |
| Q2 2016 | 2016-06-30 | $7.0M | −$36.7M | −84.06% | +0.39% |
| Q1 2016 | 2016-03-31 | $158.1M | $37.0M | +30.54% | +9.23% |
| Q4 2015 | 2015-12-31 | $193.0M | −$2.6M | −1.34% | +10.16% |
| Q3 2015 | 2015-09-30 | $60.9M | $78.2M | — | +3.14% |
| Q2 2015 | 2015-06-30 | $43.6M | $89.5M | — | +2.33% |
| Q1 2015 | 2015-03-31 | $121.1M | $253.1M | — | +6.51% |
| Q4 2014 | 2014-12-31 | $195.6M | $78.9M | +67.55% | +9.65% |
| Q3 2014 | 2014-09-30 | −$17.2M | −$49.3M | — | −0.80% |
| Q2 2014 | 2014-06-30 | −$45.9M | −$59.2M | — | −2.50% |
| Q1 2014 | 2014-03-31 | −$132.0M | −$118.4M | — | −7.60% |
| Q4 2013 | 2013-12-31 | $116.8M | −$19.0M | −13.99% | +6.84% |
| Q3 2013 | 2013-09-30 | $32.1M | $159.8M | — | +1.95% |
| Q2 2013 | 2013-06-30 | $13.2M | −$28.2M | −68.03% | +0.90% |
| Q1 2013 | 2013-03-31 | −$13.5M | $78.6M | — | −0.85% |
| Q4 2012 | 2012-12-31 | $135.7M | $40.0M | +41.76% | +8.11% |
| Q3 2012 | 2012-09-30 | −$127.7M | −$125.4M | — | −8.34% |
| Q2 2012 | 2012-06-30 | $41.4M | $37.5M | +947.88% | +2.99% |
| Q1 2012 | 2012-03-31 | −$92.1M | −$50.4M | — | −6.93% |
| Q4 2011 | 2011-12-31 | $95.8M | −$135.8M | −58.65% | +6.87% |
| Q3 2011 | 2011-09-30 | −$2.3M | $84.1M | — | −0.21% |
| Q2 2011 | 2011-06-30 | $4.0M | $12.8M | — | +0.44% |
| Q1 2011 | 2011-03-31 | −$41.7M | −$1.5M | — | −5.32% |
| Q4 2010 | 2010-12-31 | $231.6M | $177.4M | +327.44% | +20.93% |
| Q3 2010 | 2010-09-30 | −$86.4M | −$158.3M | — | −7.16% |
| Q2 2010 | 2010-06-30 | −$8.8M | −$24.7M | — | −1.01% |
| Q1 2010 | 2010-03-31 | −$40.2M | −$110.1M | — | −5.37% |
| Q4 2009 | 2009-12-31 | $54.2M | — | — | +5.50% |
| Q3 2009 | 2009-09-30 | $71.9M | $106.9M | — | +9.21% |
| Q2 2009 | 2009-06-30 | $15.9M | $57.7M | — | +1.95% |
| Q1 2009 | 2009-03-31 | $69.9M | — | — | +9.47% |
| Q3 2008 | 2008-09-30 | −$35.0M | — | — | −3.32% |
| Q2 2008 | 2008-06-30 | −$41.9M | — | — | −4.36% |
Quanta Services free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $855.9M to $1.62B, a compound annual growth rate of 13.62%. Quanta Services's latest reported quarter, Q2 2026, generated $864.5M in free cash flow, an increase of 456.44% year over year.
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
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