QUANTA SERVICES INC
For the period ended Sep 30, 2024. Filed Oct 31, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 31, 2024
PWR$583.14-1.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Equity
(In thousands, except share data)
| Accumulated | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Additional · Other · Total · Non- | |||||||||
| Common Stock · Paid-In · Retained · Comprehensive · Treasury · Stockholders’ · Controlling · Total | |||||||||
| Shares | Amount | Capital | Earnings | Income (Loss) | Stock | Equity | Interests | Equity | |
| Balance, December 31, 2023 | 145,508,549 | $2 | $3,002,652 | $4,858,066 | $(282,945) | $(1,305,534) | $6,272,241 | $11,114 | $6,283,355 |
| Other comprehensive loss | — | — | — | — | (30,740) | — | (30,740) | — | (30,740) |
| Acquisitions | 250,539 | — | 51,768 | — | — | — | 51,768 | — | 51,768 |
| Stock-based compensation activity | 625,122 | — | 35,822 | — | — | (77,351) | (41,529) | — | (41,529) |
| Dividends declared ($0.09 per share) | — | — | — | (13,477) | — | — | (13,477) | — | (13,477) |
| Distributions to non-controlling interests | — | — | — | — | — | — | — | (8,199) | (8,199) |
| Net income | — | — | — | 118,360 | — | — | 118,360 | 7,731 | 126,091 |
| Balance, March 31, 2024 | 146,384,210 | $2 | $3,090,242 | $4,962,949 | $(313,685) | $(1,382,885) | $6,356,623 | $10,646 | $6,367,269 |
| Other comprehensive loss | — | — | — | — | (9,058) | — | (9,058) | — | (9,058) |
| Acquisitions | 35,886 | — | 9,054 | — | — | — | 9,054 | — | 9,054 |
| Stock-based compensation activity | 23,935 | — | 37,119 | — | — | (739) | 36,380 | — | 36,380 |
| Dividends declared ($0.09 per share) | — | — | — | (13,521) | — | — | (13,521) | — | (13,521) |
| Distributions to non-controlling interests | — | — | — | — | — | — | — | (934) | (934) |
| Net income | — | — | — | 188,159 | — | — | 188,159 | 3,725 | 191,884 |
| Balance, June 30, 2024 | 146,444,031 | $2 | $3,136,415 | $5,137,587 | $(322,743) | $(1,383,624) | $6,567,637 | $13,437 | $6,581,074 |
| Other comprehensive income | — | — | — | — | 17,694 | — | 17,694 | — | 17,694 |
| Acquisitions | 930,973 | — | 230,240 | — | — | — | 230,240 | — | 230,240 |
| Stock-based compensation activity | 226,539 | — | 38,457 | — | — | (63,064) | (24,607) | — | (24,607) |
| Dividends declared ($0.09 per share) | — | — | — | (13,532) | — | — | (13,532) | — | (13,532) |
| Distributions to non-controlling interests | — | — | — | — | — | — | — | (865) | (865) |
| Net income | — | — | — | 293,185 | — | — | 293,185 | 5,836 | 299,021 |
| Balance, September 30, 2024 | 147,601,543 | $2 | $3,405,112 | $5,417,240 | $(305,049) | $(1,446,688) | $7,070,617 | $18,408 | $7,089,025 |
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY
(In thousands, except share data)
| Accumulated | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Additional · Other · Total · Non- | |||||||||
| Common Stock · Paid-In · Retained · Comprehensive · Treasury · Stockholders’ · Controlling · Total | |||||||||
| Shares | Amount | Capital | Earnings | Income (Loss) | Stock | Equity | Interests | Equity | |
| Balance, December 31, 2022 | 142,930,598 | $2 | $2,718,988 | $4,163,212 | $(310,677) | $(1,188,061) | $5,383,464 | $15,355 | $5,398,819 |
| Other comprehensive income | — | — | — | — | 1,100 | — | 1,100 | — | 1,100 |
| Acquisitions | 1,018,946 | — | 123,503 | — | — | — | 123,503 | — | 123,503 |
| Stock-based compensation activity | 1,210,615 | — | 26,650 | — | — | (104,247) | (77,597) | — | (77,597) |
| Dividends declared ($0.08 per share) | — | — | — | (12,100) | — | — | (12,100) | — | (12,100) |
| Distributions to non-controlling interests | — | — | — | — | — | — | — | (8,741) | (8,741) |
| Net income | — | — | — | 95,046 | — | — | 95,046 | 1,924 | 96,970 |
| Balance, March 31, 2023 | 145,160,159 | $2 | $2,869,141 | $4,246,158 | $(309,577) | $(1,292,308) | $5,513,416 | $8,538 | $5,521,954 |
| Other comprehensive income | — | — | — | — | 23,917 | — | 23,917 | — | 23,917 |
| Stock-based compensation activity | 36,299 | — | 34,487 | — | — | (4,893) | 29,594 | — | 29,594 |
| Dividends declared ($0.08 per share) | — | — | — | (11,893) | — | — | (11,893) | — | (11,893) |
| Distributions to non-controlling interests | — | — | — | — | — | — | — | (1,177) | (1,177) |
| Net income | — | — | — | 165,899 | — | — | 165,899 | 685 | 166,584 |
| Balance, June 30, 2023 | 145,196,458 | $2 | $2,903,628 | $4,400,164 | $(285,660) | $(1,297,201) | $5,720,933 | $8,046 | $5,728,979 |
| Other comprehensive loss | — | — | — | — | (31,995) | — | (31,995) | — | (31,995) |
| Acquisitions | 43,462 | — | 8,018 | — | — | — | 8,018 | — | 8,018 |
| Stock-based compensation activity | 28,118 | — | 32,562 | — | — | (2,613) | 29,949 | — | 29,949 |
| Dividends declared ($0.08 per share) | — | — | — | (12,430) | — | — | (12,430) | — | (12,430) |
| Distributions to non-controlling interests | — | — | — | — | — | — | — | (195) | (195) |
| Net income | — | — | — | 272,836 | — | — | 272,836 | 689 | 273,525 |
| Balance, September 30, 2023 | 145,268,038 | $2 | $2,944,208 | $4,660,570 | $(317,655) | $(1,299,814) | $5,987,311 | $8,540 | $5,995,851 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.