Company Description
Quanta Services, Inc. (NYSE: PWR) is a specialty contracting company that provides specialized infrastructure solutions to the utility, renewable energy, technology, communications, pipeline and energy industries. According to multiple company press releases, Quanta’s services focus on designing, installing, repairing and maintaining energy, technology and communications infrastructure across a broad geographic footprint.
The company’s common stock trades on the New York Stock Exchange under the symbol PWR, as disclosed in its current reports on Form 8-K. Quanta is incorporated in Delaware, and its principal executive offices are located in Houston, Texas, based on information in recent SEC filings.
Business focus and infrastructure solutions
Across its communications and investor materials, Quanta describes itself as an industry leader in specialized infrastructure solutions for critical energy and communications networks. Its stated capabilities include:
- Designing energy, technology and communications infrastructure.
- Installing new infrastructure for utilities and other large customers.
- Repairing and maintaining existing energy and communications systems.
Quanta highlights that it serves utility, renewable energy, technology, communications, pipeline and energy industries, which positions the company at the intersection of power delivery, communications networks and related infrastructure needs.
Geographic reach and project scale
In repeated “About Quanta Services” disclosures, the company states that it has operations throughout the United States, Canada, Australia and select other international markets. Quanta emphasizes that it has the manpower, resources and expertise to complete projects that are local, regional, national or international in scope, indicating experience with both smaller, localized work and large, multi-region infrastructure programs.
Business segments
In its third quarter 2025 results press release, Quanta explains that beginning with the quarter ended March 31, 2025, it reports under two reportable segments:
- Electric Infrastructure Solutions (Electric)
- Underground Utility and Infrastructure Solutions (Underground and Infrastructure)
The company indicates that certain prior period amounts have been recast to conform to this segment structure. Quanta also notes that remaining performance obligations and backlog for certain projects, such as its engagement with NiSource for power generation and grid infrastructure solutions, are expected to be primarily reflected in the Electric Infrastructure Solutions segment.
Role in power generation and grid infrastructure
Quanta’s public communications describe a growing focus on a total solutions power generation platform. In an October 2025 press release and related earnings commentary, the company states that this platform builds upon its craft-skilled labor capabilities and decades of experience constructing power generation through renewable energy and battery energy storage solutions, as well as other forms of generation. The platform is described as being focused on providing a fully integrated solution to high-quality customers for their power generation development strategies.
Quanta reports that this platform is intended to address growing power generation and infrastructure needs driven by increasing demand for electricity associated with data centers, manufacturing and reshoring, industrialization, electrification and power grid expansion. The company also notes a joint venture with Zachry Group to provide combined cycle gas generation solutions for NiSource, with Quanta having a 50% ownership interest in that joint venture.
Transmission and high-voltage capabilities
In a joint announcement with American Electric Power (AEP), Quanta is described as having a proven track record of large-scale project execution and as the most experienced 765 kV constructor in the United States. Under a Cooperation and Commitment Agreement, AEP and Quanta plan to collaborate on the design, engineering, procurement and construction of 765 kV and other high-voltage transmission facilities. This partnership is presented as combining AEP’s operational and development expertise with Quanta’s execution capabilities for high-voltage transmission infrastructure.
Capital structure and financing activities
Quanta’s Form 8-K filings and related press releases describe several capital markets and corporate finance activities. In August 2025, the company entered into an underwriting agreement and subsequently issued senior notes due 2028, 2031 and 2035 with stated interest rates and maturity dates, under an existing base indenture and supplemental indentures. These notes are characterized as senior unsecured obligations of the company and are not guaranteed by its subsidiaries.
The company has also disclosed the use of proceeds from these notes offerings to repay existing indebtedness, including borrowings under its commercial paper program and senior credit facility. In addition, Quanta reports that it maintains a stock repurchase program and has repurchased shares of its common stock in the open market, as described in its third quarter 2025 results press release.
Acquisitions and growth initiatives
Quanta’s SEC filings and news releases indicate that acquisitions are part of its growth strategy. In a July 2025 Form 8-K, the company reports that a wholly owned subsidiary acquired Dynamic Systems (DSI), LLC from FGI Group, Inc. under a Purchase and Sale Agreement. The filing describes the aggregate purchase price, the mix of cash and Quanta common stock used as consideration, and the potential earnout structure tied to Dynamic Systems’ financial performance.
In the third quarter 2025 results press release, Quanta characterizes Dynamic Systems as a premier, turnkey mechanical, plumbing and process infrastructure solutions provider with a diversified customer base and exposure to technology, semiconductor, healthcare and other load center markets. The company notes that the financial contribution from Dynamic Systems will be primarily included in the Underground and Infrastructure segment.
Dividends and shareholder returns
Quanta’s press releases in August and November 2025 state that its Board of Directors has declared quarterly cash dividends to stockholders, with details on per-share amounts, payable dates and record dates. The November 2025 release notes that the annualized dividend rate represented an increase from the prior quarterly dividend. These announcements indicate that the company uses cash dividends, along with share repurchases, as part of its capital allocation approach.
Investor communications and conferences
The company regularly communicates with investors through earnings releases, operational and financial commentary, webcasts and conference participation. Quanta has announced earnings release dates and webcast schedules, and it notes that supplemental earnings materials, including operational and financial commentary, are posted in the Investor Relations section of its website. The company also discloses participation in events such as the UBS Global Industrials and Transportation Conference, where management meets with institutional investors and participates in fireside chats that are broadcast via webcast.
Community and sponsorship activities
In a September 2025 press release, Quanta announces that it is an Official Supporter of Houston World Cup 26 Host City. The company indicates that, in this role, it will support Houston’s efforts to host the event and contribute to initiatives focused on safety, workforce and culture, community and sustainability. Quanta describes this partnership as reflecting its roots in Houston and its interest in supporting resilient communities.
Regulatory reporting and corporate structure
Quanta’s SEC filings identify it as a Delaware corporation with common stock registered under Section 12(b) of the Securities Exchange Act of 1934 and listed on the New York Stock Exchange. The company files current reports on Form 8-K to disclose material events, including quarterly financial results, acquisitions, securities offerings and other significant transactions. These filings also reference the use of non-GAAP financial measures such as adjusted net income, adjusted diluted earnings per share, EBITDA and adjusted EBITDA, with reconciliations provided in accompanying tables.
Position within the construction and infrastructure sector
Based on the industry classification provided and the company’s own descriptions, Quanta operates within the construction and infrastructure services sector, particularly in areas related to electrical contractors and other wiring installation contractors. Its focus on utility, renewable energy, technology, communications, pipeline and energy infrastructure places it in a specialized segment of the construction market that supports power generation, transmission, distribution and communications networks.
FAQs about Quanta Services, Inc. (PWR)
- What does Quanta Services, Inc. do?
According to its press releases, Quanta Services provides specialized infrastructure solutions to the utility, renewable energy, technology, communications, pipeline and energy industries. Its services include designing, installing, repairing and maintaining energy, technology and communications infrastructure.
- In which industries does Quanta Services operate?
Quanta states that it serves the utility, renewable energy, technology, communications, pipeline and energy industries. These markets involve critical energy and communications infrastructure projects.
- Where does Quanta Services operate geographically?
Company disclosures indicate that Quanta has operations throughout the United States, Canada, Australia and select other international markets. It notes that it can complete projects that are local, regional, national or international in scope.
- On which exchange is Quanta Services stock listed and what is its ticker?
Quanta’s common stock is registered under Section 12(b) of the Exchange Act and is listed on the New York Stock Exchange under the trading symbol PWR, as shown in its recent Forms 8-K.
- How does Quanta describe its main business segments?
In its third quarter 2025 results press release, Quanta explains that it reports results under two segments: Electric Infrastructure Solutions (Electric) and Underground Utility and Infrastructure Solutions (Underground and Infrastructure).
- What is Quanta’s total solutions power generation platform?
Quanta describes an expanded total solutions power generation platform that builds on its craft-skilled labor capabilities and experience constructing power generation through renewable energy and battery energy storage solutions, as well as other forms of generation. The platform is focused on providing fully integrated power generation and related infrastructure solutions for customers’ development strategies.
- How is Quanta involved in high-voltage transmission projects?
In a joint press release with American Electric Power, Quanta is described as the most experienced 765 kV constructor in the United States. Under a Cooperation and Commitment Agreement, AEP and Quanta plan to collaborate on the design, engineering, procurement and construction of 765 kV and other high-voltage transmission facilities.
- What recent acquisition activity has Quanta reported?
In a July 2025 Form 8-K, Quanta reports that a wholly owned subsidiary acquired Dynamic Systems (DSI), LLC from FGI Group, Inc. The company describes Dynamic Systems as a premier, turnkey mechanical, plumbing and process infrastructure solutions provider, with its financial contribution expected to be primarily reflected in the Underground and Infrastructure segment.
- Does Quanta Services pay dividends?
Press releases dated August 28, 2025 and November 18, 2025 state that Quanta’s Board of Directors declared quarterly cash dividends to stockholders, with specified per-share amounts, payable dates and record dates. These announcements indicate that Quanta returns capital to shareholders through cash dividends.
- How does Quanta communicate financial results to investors?
Quanta announces its quarterly results through press releases and Form 8-K filings, and it schedules webcasts and conference calls to discuss performance. The company also posts Operational and Financial Commentary and other supplemental materials in the Investor Relations section of its website.
- What is Quanta’s involvement with Houston World Cup 26 Host City?
In a September 2025 press release, Quanta states that it is an Official Supporter of Houston World Cup 26 Host City. The company notes that it will support initiatives related to safety, workforce and culture, community and sustainability as part of this partnership.