Quanta Services (MEX:PWR) Altman Z-Score: 5.56 (As of Jun. 28, 2026) — 49% Above Median


MEX:PWR Quanta Services Inc MEX:PWR
66 GF Score
Price MXN12,347.12
GF Value MXN7,151.91
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Quanta Services Altman Z-Score?

Quanta Services MEX:PWR 66 Altman Z-Score is 5.56 as of Jun. 28, 2026, which is 49% above its 10-year median of 3.74. GuruFocus rates MEX:PWR with a GF Score™ of 66/100 and a GF Value™ of MXN7,151.91 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,753 Construction companies, Quanta Services ranks better than 87.56% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Good Sign:

Altman Z-score of 5.56 is strong.

Quanta Services has a Altman Z-Score of 5.56, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Quanta Services's Altman Z-Score or its related term are showing as below:

MEX:PWR' s Altman Z-Score Range Over the Past 10 Years
Min: 2.94   Med: 3.74   Max: 5.56
Current: 5.56

During the past 13 years, Quanta Services's highest Altman Z-Score was 5.56. The lowest was 2.94. And the median was 3.74.


Quanta Services  (MEX:PWR) Altman Z-Score Explanation

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Quanta Services Altman Z-Score Related Terms


Quanta Services Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Quanta Services's Altman Z-Score 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.

Quanta Services Altman Z-Score Chart

Quanta Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.01 3.61 4.01 4.53 4.18

Quanta Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.03 4.92 4.54 4.18 4.80

MEX:PWR vs FIX, EME, MTZ: Altman Z-Score Comparison

For the Engineering & Construction subindustry, Quanta Services's Altman Z-Score, along with its competitors' market caps and Altman Z-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Quanta Services Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, Quanta Services's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Quanta Services's Altman Z-Score falls into.


MEX:PWR
66GF Score
Quanta Services Inc MEX:PWR
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quanta Services Altman Z-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Quanta Services's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.0493+1.4*0.2671+3.3*0.0685+0.6*6.1882+1.0*1.1862
=5.56

* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was MXN464,281 Mil.
Total Current Assets was MXN192,096 Mil.
Total Current Liabilities was MXN169,219 Mil.
Retained Earnings was MXN124,026 Mil.
Pre-Tax Income was 4622.791 + 7554.994 + 8483.165 + 5999.416 = MXN26,660 Mil.
Interest Expense was -1321.202 + -1363.896 + -1317.224 + -1121.825 = MXN-5,124 Mil.
Revenue was 142003.672 + 141199.763 + 139992.075 + 127530.303 = MXN550,726 Mil.
Market Cap (Today) was MXN1,852,811 Mil.
Total Liabilities was MXN299,410 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(192095.807 - 169219.38)/464281.039
=0.0493

X2=Retained Earnings/Total Assets
=124026.044/464281.039
=0.2671

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(26660.366 - -5124.147)/464281.039
=0.0685

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1852810.667/299409.559
=6.1882

X5=Revenue/Total Assets
=550725.813/464281.039
=1.1862

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Quanta Services has a Altman Z-Score of 5.56 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 5.56 mean?
Quanta Services (MEX:PWR) has a Altman Z-Score of 5.56 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Quanta Services and its competitors. This is 49% above median its historical median of 3.74. Over the past decade, Quanta Services' Altman Z-Score has ranged from 2.94 to 5.56. According to the industry distribution chart, Quanta Services ranks #218 out of 1753 companies in the Construction industry, placing it in the top 12.4%.
Is Quanta Services' Altman Z-Score too high?
Quanta Services' current Altman Z-Score of 5.56 is 49% above median its 10-year median of 3.74. Over the past 10 years, this metric has ranged from a low of 2.94 to a high of 5.56. The Construction industry median Altman Z-Score is 2.33. Quanta Services' value of 5.56 is 138.6% above this industry median. Based on the distribution chart, Quanta Services ranks #218 out of 1753 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Quanta Services has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Quanta Services' Altman Z-Score compare to FIX and EME?
According to the Construction industry distribution chart, Quanta Services ranks #218 out of 1753 companies for Altman Z-Score. This places Quanta Services in the top 12% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.33. Quanta Services' value of 5.56 is 138.6% above this benchmark. Historically, Quanta Services' own Altman Z-Score has ranged from 2.94 to 5.56 over the past decade. While the company's 10-year median is 3.74 vs. the industry median of 2.33, Quanta Services has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z-Score for a Construction company?
The median Altman Z-Score among Construction companies is 2.33, based on 1,753 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Quanta Services's current Altman Z-Score of 5.56 is 138.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Quanta Services and its competitors. For the Construction industry, the median Altman Z-Score is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quanta Services's current Altman Z-Score is 5.56, which is 49% above median its own 10-year median of 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quanta Services stock overvalued right now?
Based on GuruFocus' analysis, Quanta Services (MEX:PWR) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN7,151.91, compared to a current price of MXN12,347.12 — trading 72.6% above its estimated fair value. The current Altman Z-Score is 5.56, which is 49% above median its 10-year median of 3.74 and 138.6% above the Construction industry median of 2.33. Quanta Services' overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Quanta Services (MEX:PWR), the current Altman Z-Score is 5.56 as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Quanta Services (MEX:PWR) Overvalued in 2026?

Based on GuruFocus' analysis, Quanta Services stock appears to be overvalued. The current stock price of MXN12,347.12 is trading 72.6% above its estimated GF Value™ of MXN7,151.91. GuruFocus considers Quanta Services to be Significantly Overvalued.

Key valuation signals for MEX:PWR:

  • Altman Z-Score: 5.56 (49% above median its 10-year median of 3.74)
  • GF Value™: MXN7,151.91 vs. price of MXN12,347.12 (72.6% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 138.6% above the Construction median (#218 of 1753)

No single metric tells the full story. See the MEX:PWR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Quanta Services Business Description

Address 2727 North Loop West, Houston, TX, USA, 77008
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 two segments: electric and underground utility and infrastructure.
66GF Score

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Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN12,347.12
Price
MXN7,151.91
GF Value