PWRQUANTA SERVICES, INC.
Electrical Work
- Revenue
- $28.5B
- 20% YoY
- Operating margin
- 5.7%
- 0.5% YoY
- EBITDA
- $2.0B
- 19% YoY
- Market cap
- $93.5B
- Employees
- 69,500
- $410K revenue each
- Net debt / EBITDA
- 2.0×
- $4.0B net debt
- AI in 10-K
- 0.3
- mentions per 10K words
Takeover score 2 of 13
Fixable underperformance 0 of 7
- TSR below peersNo0 of 5 years3+ of last 5 years
- High CEO pay despite TSRNo$15M medianMedian CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo214% of net incomeCash flow under 80% of net income
- Dilutive SBCNo1% of revenueOver 10% of revenue
- Payouts exceed cash flowNo9% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo25% of assetsOver 40% of assets
- Shareholder dissentNo90% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo$410K · 63rd pctBottom quartile of its SIC industry
- Quiet on AIYes0.3 per 10K words · 16th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo2.0× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedNo$93.5B market capMarket cap $500M–$5B
Catalysts 1 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingYes−$138M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $13.0B | $17.1B | $20.9B | $23.7B | $28.5B | 20% |
| Operating income | $664M | $872M | $1.1B | $1.3B | $1.6B | 20% |
| Net income | $492M | $512M | $751M | $927M | $1.0B | 12% |
| Operating cash flow | $582M | $1.1B | $1.6B | $2.1B | $2.2B | 7.1% |
| Capex | $386M | $428M | $435M | $604M | $609M | 0.8% |
| Stock-based comp | $88M | $106M | $127M | $151M | $182M | 21% |
| Buybacks | $67M | $128M | $350K | $0 | $135M | |
| Dividends | $34M | $41M | $48M | $54M | $60M | 11% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $138M · 35
- Net
- −$138M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $16M | $63M | 591 | 280 |
| FY2024 | $16M | $28M | 442 | 236 |
| FY2023 | $15M | $38M | 302 | 165 |
| FY2022 | $12M | $40M | 199 | 144 |
| FY2021 | $11M | $48M | 160 | 140 |