
Quanta Services Revenue Surges 22.3% to $20.88 Billion Amid Renewables Boom
Quanta Services, Inc.Description
What this story covers
Quanta Services reported 20 point 88 billion dollars in 2023 revenues, up 22 point 3 percent, driven by renewables growth (63 point 3 percent) and strong segments. Net income rose 51 point 6 percent to 744 point 7 million dollars, with robust liquidity (2 point 81 billion dollars) supporting acquisitions and 450 million dollars capex. Risks include climate hazards, labor shortages, and regulatory shifts, but diversification aids resilience.
Story snapshot
CompanyQuanta Services, Inc.
TickerPWR
VariantStandard detailed
Duration24:00
Filing type10-K
PeriodAnnual 2023
IndustryIndustrials & Manufacturing
Accession0001050915-24-000009
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