QUANTA SERVICES, INC.

PWR

Quality scores

Data as of Sep 5, 2026

5 / 9

Neutral

5/9 — middling fundamentals (neutral zone).

PassROA > 0 — ROA last year = 4.13 %
PassFCF > 0 — FCF last year = 1,620.82 mill.
PassFCF > net income (accrual quality) — FCF 1,620.82 vs. net income 1,028.38 (mill.)
FailRising ROA — ROA 4.13 % vs. prior year 4.84 %

PassLower long-term leverage — long-term debt/assets 0.21 vs. prior 0.22
FailRising current ratio (more liquidity) — Current ratio 1.14 vs. prior 1.30
FailNo dilution (shares do not grow) — Shares 149.58 mill. vs. prior 147.68 mill.

Z-Score (original)

5.26

Safe zone

Z''-Score (non-manufacturing)

5.46

Safe zone

Ratio	Value
X1 — Working capital / Total assets	0.05
X2 — Retained earnings / Total assets	0.27
X3 — EBIT / Total assets	0.06
X4 — Market cap / Total liabilities	5.78
X4 — Book equity / Total liabilities	0.56
X5 — Sales / Total assets	1.14