Quanta Services (Quanta Services) Interest Expense : $-187 Mil (TTM As of Dec. 2023)

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What is Quanta Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Quanta Services's interest expense for the three months ended in Dec. 2023 was $ -50 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-187 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Quanta Services's Operating Income for the three months ended in Dec. 2023 was $ 317 Mil. Quanta Services's Interest Expense for the three months ended in Dec. 2023 was $ -50 Mil. Quanta Services's Interest Coverage for the quarter that ended in Dec. 2023 was 6.41. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Quanta Services Interest Expense Historical Data

The historical data trend for Quanta Services's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Quanta Services Interest Expense Chart

Quanta Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-66.89

-45.01

-68.90

-124.36

-186.91

Quanta Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-37.43	-41.69	-48.19	-47.53	-49.50

Quanta Services Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-187 Mil.

Quanta Services (NYSE:PWR) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Quanta Services's Interest Expense for the three months ended in Dec. 2023 was $-50 Mil. Its Operating Income for the three months ended in Dec. 2023 was $317 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $3,851 Mil.

Quanta Services's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	317.367	/	-49.5
	=	6.41

The higher the ratio, the stronger the company's financial strength is.

Quanta Services (Quanta Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Quanta Services Inc (NYSE:PWR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

QAA:Germany QAA:Germany Q1UA34:Brazil

Address

277 North Loop West, Houston, TX, USA, 77008

Website

https://www.quantaservices.com

Quanta Services is a leading provider of specialty contracting services, delivering comprehensive infrastructure solutions for the electric and gas utility, communications, pipeline, and energy industries in the United States, Canada, and Australia. Quanta reports its results under three reportable segments: electric power, renewables infrastructure, and underground utility and infrastructure. In 2021, the company acquired Blattner, a provider of comprehensive engineering, procurement, and construction solutions to customers in the renewable energy industry.

Executives

Donald Wayne	officer: EVP and General Counsel	2727 NORTH LOOP WEST, HOUSTON TX 77008-1044
Raul Javier Valentin	director	ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Dorothy Upperman	officer: VP Tax	2727 NORTH LOOP WEST, HOUSTON TX 77008-1044
Bernard Fried	director	QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008
Worthing F Jackman	director	QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008
Ducey Gerald A Jr	officer: Pres. - Strategic Operations	2727 NORTH LOOP WEST, HOUSTON TX 77008
Austin Earl C. Jr.	director, officer: President, CEO and COO	QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008-1044
James Redgie Probst	officer: President - Electric Power	2727 NORTH LOOP WEST, HOUSTON TX 77008-1044
Derrick A Jensen	officer: Chief Financial Officer	QUANTA SERVICES, INC., 2800 POST OAK BLVD., SUITE 2600, HOUSTON TX 77056-6175
Robert Scott Rowe	director	1333 WEST LOOP SOUTH, SUITE 1700, HOUSTON TX 77027
Vincent D Foster	director	QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008
Paul Nobel	officer: Chief Accounting Officer & VP	C/O QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008-1044
John Michal Conaway	director	QUANTA SERVICES, INC., 2800 POST OAK BLVD., SUITE 2600, HOUSTON TX 77056-6175
Holli C. Ladhani	director	2800 POST OAK BLVD., SUITE 4500, HOUSTON TX 77056
Nicholas M Grindstaff	officer: VP - Finance and Treasurer	QUANTA SERVICES, INC., 2800 POST OAK BLVD., SUITE 2600, HOUSTON TX 77056-6175