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% | — |
| 2014 | 2014-12-31 | $526,000 | −$148.1M | −99.65% | — |
| 2013 | 2013-12-31 | $148.6M | $191.2M | — | — |
| 2012 | 2012-12-31 | −$42.6M | −$98.4M | — | — |
| 2011 | 2011-12-31 | $55.7M | −$40.5M | −42.06% | — |
| 2010 | 2010-12-31 | $96.2M | −$115.7M | −54.60% | — |
| 2009 | 2009-12-31 | $211.9M | $155.1M | +272.66% | — |
| 2008 | 2008-12-31 | $56.9M | −$34.4M | −37.72% | — |
| 2007 | 2007-12-31 | $91.3M | — | — | — |
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 | $401.2M | +81.38% | +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% |
| Q4 2022 | 2022-12-31 | $493.0M | $395.9M | +407.71% | +11.16% |
| Q3 2022 | 2022-09-30 | $237.4M | $294.1M | — | +5.32% |
| Q2 2022 | 2022-06-30 | −$2.8M | −$116.9M | — | −0.07% |
| Q1 2022 | 2022-03-31 | −$24.8M | −$67.0M | — | −0.63% |
| Q4 2021 | 2021-12-31 | $97.1M | −$86.0M | −46.96% | +2.47% |
| Q3 2021 | 2021-09-30 | −$56.7M | −$120.8M | — | −1.69% |
| Q2 2021 | 2021-06-30 | $114.0M | −$335.3M | −74.62% | +3.80% |
| Q1 2021 | 2021-03-31 | $42.1M | −$117.3M | −73.58% | +1.56% |
| Q4 2020 | 2020-12-31 | $183.1M | −$389.6M | −68.03% | +6.29% |
| Q3 2020 | 2020-09-30 | $64.1M | $39.2M | +157.11% | +2.12% |
| Q2 2020 | 2020-06-30 | $449.3M | $630.8M | — | +17.93% |
| Q1 2020 | 2020-03-31 | $159.4M | $310.8M | — | +5.77% |
| Q4 2019 | 2019-12-31 | $572.7M | $506.4M | +763.62% | +18.40% |
| Q3 2019 | 2019-09-30 | $24.9M | $60.0M | — | +0.74% |
| Q2 2019 | 2019-06-30 | −$181.4M | −$256.2M | — | −6.39% |
| Q1 2019 | 2019-03-31 | −$151.4M | −$110.6M | — | −5.39% |
| Q4 2018 | 2018-12-31 | $66.3M | −$54.5M | −45.12% | +2.13% |
| 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% | — |
| Q3 2017 | 2017-09-30 | $110.6M | $215.0M | — | +4.24% |
| Q2 2017 | 2017-06-30 | −$53.4M | −$60.4M | — | — |
| Q1 2017 | 2017-03-31 | −$50.7M | −$208.8M | — | — |
| Q4 2016 | 2016-12-31 | $117.5M | −$75.5M | −39.11% | — |
| Q3 2016 | 2016-09-30 | −$104.4M | −$165.3M | — | — |
| Q2 2016 | 2016-06-30 | $7.0M | −$36.7M | −84.06% | — |
| Q1 2016 | 2016-03-31 | $158.1M | $37.0M | +30.54% | — |
| Q4 2015 | 2015-12-31 | $193.0M | −$2.6M | −1.34% | — |
| Q3 2015 | 2015-09-30 | $60.9M | $78.2M | — | — |
| Q2 2015 | 2015-06-30 | $43.6M | $89.5M | — | — |
| Q1 2015 | 2015-03-31 | $121.1M | $253.1M | — | — |
| Q4 2014 | 2014-12-31 | $195.6M | $78.9M | +67.55% | — |
| Q3 2014 | 2014-09-30 | −$17.2M | −$49.3M | — | — |
| Q2 2014 | 2014-06-30 | −$45.9M | −$59.2M | — | — |
| Q1 2014 | 2014-03-31 | −$132.0M | −$118.4M | — | — |
| Q4 2013 | 2013-12-31 | $116.8M | −$19.0M | −13.99% | — |
| Q3 2013 | 2013-09-30 | $32.1M | $159.8M | — | — |
| Q2 2013 | 2013-06-30 | $13.2M | −$28.2M | −68.03% | — |
| Q1 2013 | 2013-03-31 | −$13.5M | $78.6M | — | — |
| Q4 2012 | 2012-12-31 | $135.7M | $40.0M | +41.76% | — |
| Q3 2012 | 2012-09-30 | −$127.7M | −$125.4M | — | — |
| Q2 2012 | 2012-06-30 | $41.4M | $37.5M | +947.88% | — |
| Q1 2012 | 2012-03-31 | −$92.1M | −$50.4M | — | — |
| Q4 2011 | 2011-12-31 | $95.8M | −$135.8M | −58.65% | — |
| Q3 2011 | 2011-09-30 | −$2.3M | $84.1M | — | — |
| Q2 2011 | 2011-06-30 | $4.0M | $12.8M | — | — |
| Q1 2011 | 2011-03-31 | −$41.7M | −$1.5M | — | — |
| Q4 2010 | 2010-12-31 | $231.6M | $177.4M | +327.44% | — |
| Q3 2010 | 2010-09-30 | −$86.4M | −$158.3M | — | — |
| Q2 2010 | 2010-06-30 | −$8.8M | −$24.7M | — | — |
| Q1 2010 | 2010-03-31 | −$40.2M | −$110.1M | — | — |
| Q4 2009 | 2009-12-31 | $54.2M | $89.1M | — | — |
| Q3 2009 | 2009-09-30 | $71.9M | $113.8M | — | — |
| Q2 2009 | 2009-06-30 | $15.9M | — | — | — |
| Q1 2009 | 2009-03-31 | $69.9M | — | — | — |
| Q3 2008 | 2008-09-30 | −$35.0M | — | — | — |
| Q2 2008 | 2008-06-30 | −$41.9M | — | — | — |
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 SEC-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.
Review Quanta Services filings at SEC.gov ↗