Quanta Services Inc
- Industry
- Power Engineering
- Exchange
- US
- Country
- USA
- IPO date
- Feb 12, 1998
- Employees
- 69,500
- Website
- www.quantaservices.com
Composite valuation range · conservative $180–$250 / fair $280–$380 / optimistic $450–$550. At $620.28, Above the optimistic ceiling · future growth overdrawn.
At publication $723.44 (May 25, 2026)
Data from EODHD, shown in the reporting currency; for reference only, not investment advice.
Quanta Services, Inc. offers infrastructure solutions for the electric and gas utility, power generation, load center, manufacturing, communications, pipeline, and energy industries. The company's Electric Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings. This segment offers aviation; emergency aerial firefighting services; emergency restoration; and other engineering and technical services; design and construction solutions to wireline and wireless communications, cable multi-system operators, technology companies, and other customers; engineering, procurement, new construction, and repair and maintenance services for renewable generation facilities; and training for electric workers, as well as training for the gas distribution and communications industries. Its Underground Utility and Infrastructure Solutions segment is involved in the transportation, distribution, storage, development, and processing of natural gas, oil, and other products, as well as owns and operates large load centers. This segment also engages in the design, engineering, procurement, construction, upgrade, and repair and maintenance services for natural gas systems; pipeline protection, integrity testing, rehabilitation, and replacement services; and catalyst replacement, high-pressure and critical-path turnaround, instrumentation and electrical, piping, fabrication, and storage tank services. The company was formerly known as Fabal Construction, Inc. and changed its name to Quanta Services, Inc. in November 1997. The company was incorporated in 1997 and is headquartered in Houston, Texas.
History
Quanta Services, Inc. was incorporated in 1997 and was formerly known as Fabal Construction, Inc., changing its name to Quanta Services, Inc. in November 1997. The company completed its IPO on February 12, 1998. Its capital deployment in recent years centered on acquisitions: it completed the acquisition of Cupertino Electric in 2024 and Dynamic Systems in 2025. Beginning in 2025, the company reports under two segments, Electric Infrastructure Solutions and Underground Utility and Infrastructure Solutions. In May 2026, it announced a new $1 billion share repurchase authorization and an annualized dividend of $0.44 per share.
Industry position
Quanta Services is one of the most significant infrastructure services companies in North America, serving customers across the United States, Canada, and Australia. In 2025 it generated revenue of $28.48 billion, with the Electric Infrastructure Solutions segment contributing $23.0 billion (80.8%) and the Underground Utility and Infrastructure Solutions segment $5.48 billion (19.2%). Its services span design, engineering, procurement, construction, upgrade, repair, and maintenance for electric and gas utilities, power generation, data centers, communications, pipelines, and energy. At year-end 2025 it had roughly 69,500 employees, including about 55,700 hourly workers, with around 36% covered by collective bargaining agreements; its largest customer accounted for 8% of revenue and the top ten for 30%. The company describes its industry as highly competitive with relatively low barriers to entry in some areas.