QUANTA SERVICES INC
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
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FY2023 · Filed Feb 22, 2024
PWR$591.48+9.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In thousands, except share information)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $1,290,248 | $428,505 |
| Accounts receivable, net | 4,410,829 | 3,674,525 |
| Contract assets | 1,413,057 | 1,080,206 |
| Inventories | 175,658 | 103,265 |
| Prepaid expenses and other current assets | 387,105 | 249,569 |
| Total current assets | 7,676,897 | 5,536,070 |
| Property and equipment, net | 2,336,943 | 2,030,464 |
| Operating lease right-of-use assets | 249,443 | 229,691 |
| Other assets, net | 565,625 | 622,736 |
| Other intangible assets, net | 1,362,412 | 1,458,631 |
| Goodwill | 4,045,905 | 3,586,745 |
| Total assets | $16,237,225 | $13,464,337 |
| LIABILITIES AND EQUITY | ||
| Current Liabilities: | ||
| Current maturities of long-term debt | $535,202 | $37,495 |
| Current portion of operating lease liabilities | 77,995 | 74,052 |
| Accounts payable and accrued expenses | 3,061,242 | 2,153,129 |
| Contract liabilities | 1,538,677 | 1,141,518 |
| Total current liabilities | 5,213,116 | 3,406,194 |
| Long-term debt, net of current maturities | 3,663,504 | 3,692,432 |
| Operating lease liabilities, net of current portion | 186,996 | 171,512 |
| Deferred income taxes | 254,004 | 227,861 |
| Insurance and other non-current liabilities | 636,250 | 567,519 |
| Total liabilities | 9,953,870 | 8,065,518 |
| Commitments and Contingencies | ||
| Equity: | ||
| Common stock, $0.00001 par value, 600,000,000 shares authorized, 173,949,011 and 170,638,525 shares issued, and 145,508,549 and 142,930,598 shares outstanding | 2 | 2 |
| Additional paid-in capital | 3,002,652 | 2,718,988 |
| Retained earnings | 4,858,066 | 4,163,212 |
| Accumulated other comprehensive loss | (282,945) | (310,677) |
| Treasury stock, 28,440,462 and 27,707,927 common shares | (1,305,534) | (1,188,061) |
| Total stockholders’ equity | 6,272,241 | 5,383,464 |
| Non-controlling interests | 11,114 | 15,355 |
| Total equity | 6,283,355 | 5,398,819 |
| Total liabilities and equity | $16,237,225 | $13,464,337 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.