PWR (Quanta Services) ROCE % : 15.38% (As of Sep. 2024)

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What is Quanta Services ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Quanta Services's annualized ROCE % for the quarter that ended in Sep. 2024 was 15.38%.

Quanta Services ROCE % Historical Data

The historical data trend for Quanta Services's ROCE % 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 ROCE % Chart

Quanta Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.27

10.00

8.67

8.39

10.97

Quanta Services Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															14.51	12.31	6.93	11.72	15.38

Quanta Services ROCE % Calculation

Quanta Services's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	1156.869	/	( ( (13464.337 - 3406.194)	+	(16237.225 - 5213.116) )	/ 2 )
	=	1156.869	/	( (10058.143	+	11024.109)	/ 2 )
	=	1156.869	/	10541.126
	=	10.97 %

Quanta Services's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	1765.568	/	( ( (15929.15 - 5315.993)	+	(18866.3 - 6525.338) )	/ 2 )
	=	1765.568	/	( ( 10613.157	+	12340.962 )	/ 2 )
	=	1765.568	/	11477.0595
	=	15.38 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

Quanta Services (NYSE:PWR) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Quanta Services ROCE % Related Terms

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Quanta Services Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

PWR:Mexico 0KSR:UK QAA:Germany QAA:Germany Q1UA34:Brazil

Address

2727 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.

Executives

Austin Earl C. Jr.	director, officer: President, CEO and COO	QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008-1044
Ducey Gerald A Jr	officer: Pres. - Strategic Operations	2727 NORTH LOOP WEST, HOUSTON TX 77008
James Redgie Probst	officer: President - Electric Power	2727 NORTH LOOP WEST, HOUSTON TX 77008-1044
Donald Wayne	officer: EVP and General Counsel	2727 NORTH LOOP WEST, HOUSTON TX 77008-1044
Margaret B Shannon	director	5500 NORTHWEST CENTRAL DRIVE, HOUSTON TX 77092
Bernard Fried	director	QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008
Vincent D Foster	director	QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008
Derrick A Jensen	officer: Chief Financial Officer	QUANTA SERVICES, INC., 2800 POST OAK BLVD., SUITE 2600, HOUSTON TX 77056-6175
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
Worthing F Jackman	director	QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008
Robert Scott Rowe	director	1333 WEST LOOP SOUTH, SUITE 1700, HOUSTON TX 77027
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