FairValueLabs Valuation System Value-Speculation
PWR

Quanta Services, Inc. (PWR) Stock Analysis — Fair Value, Risk & Moat Rating

NYQ · Industrials · Engineering & Construction

$605.89 Overvalued 0.92 (0.1%) As of Apr 20, 2026 Not a buy/sell recommendation. See disclaimer.
Overall Verdict Caution
5.22
Altman Z-ScoreSafe Zone
$372.80
Fair ValueOvervalued (-62.5%)
3.0
Moat RatingNarrow moat
TL;DR · Audit Summary

Is Quanta Services, Inc. a safe investment right now?

Trading at $605.89, Quanta Services, Inc. (PWR) in the Industrials sector carries a FairValueLabs fair value estimate of $372.80 — a margin of safety of -62.5%, placing it in the Overvalued. An Altman Z-Score of 5.22 confirms the company is in the safe zone — financial distress is unlikely near-term. Our moat rating stands at 3.0/5 stars (Narrow moat), indicating moderate competitive positioning. On the income side, PWR currently pays a dividend with a safety grade of .

Section 01 · Financial Health

Could Quanta Services, Inc. go bankrupt? Altman Z-Score analysis

5.22

Z-Score of 5.22 is above 3.0, indicating the company is financially healthy by this metric.

  • Below 1.8 — Distress Zone (high bankruptcy risk)
  • 1.8 to 3.0 — Gray Zone (elevated uncertainty)
  • Above 3.0 — Safe Zone (financially healthy)

What drives PWR's Z-Score?

Altman Z-Score components for PWR
ComponentFormulaValueWeightContribution
A · Working Capital / Total AssetsWC / TA0.04761.20.06
B · Retained Earnings / Total AssetsRE / TA0.26771.40.37
C · EBIT / Total AssetsEBIT / TA0.06623.30.22
D · Market Cap / Total LiabilitiesMCap / TL5.71850.63.43
E · Revenue / Total AssetsRev / TA1.14251.01.14

How has PWR's financial health changed over time?

3.0 Safe1.8 Distress0.02.55.17.610.22022202320242025
PWR Z-Score history
YearZ-ScoreZone
20228.86Safe
20237.6Safe
20246.87Safe
20255.22Safe

Source: Calculated from PWR's latest 10-K filing on SEC EDGAR.

Section 02 · Fair Value Estimate

What is Quanta Services, Inc. actually worth?

FVL Fair Value$372.80
vs
Market Price$605.89
Overvalued -62.5% Stock trades 62.5% above our estimated fair value of $372.80.

How we calculated this

FVL Valuation Model
InputValueSource
Predicted EPS (α)$9.32Proprietary blend of reported actuals + analyst consensus, weighted by α
Last Year EPS$6.80Annual report (SEC EDGAR)
Analyst Consensus EPS (This Year)$13.1124 analysts consensus
Trailing P/E89.2xCurrent market pricing
Fair P/E (β discount)40.0xTrailing PE adjusted by value discount factor β, hard-capped
Earnings Trend (γ)AcceleratingDirectional signal: predicted vs trailing EPS

Wall Street Reference: Analyst consensus target price is $600.67 (24 analysts). This is shown for reference only and is not used in our valuation model.

Source: Earnings data from SEC EDGAR filings. Market data via Yahoo Finance.

Section 03 · Competitive Moat

Does Quanta Services, Inc. have a durable competitive advantage?

★★★☆☆
Narrow moat

Moat rating: 3.0/5.

What makes up PWR's moat score?

ROIC Stability

★★★☆☆

ROIC variability over the past decade. Score: 3/5.

Gross Margin Trend

★★★☆☆

Gross margin trajectory over the past decade. Score: 3/5.

Switching Costs

★★★☆☆

Estimated customer lock-in based on margin level. Score: 3/5.

How stable is PWR's return on invested capital?

0%-5%1%6%12%17%2022202320242025
PWR ROIC history
YearROICTrend
20229.1%
202311.1%Rising
202412.3%Rising
202511.1%Declining

Source: ROIC calculated from SEC EDGAR filings.

Section 04 · Dividend Safety

Is Quanta Services, Inc.'s dividend safe?

A Dividend Safety Grade
Yield7.0%
Payout Ratio6.0%
Consecutive Years9
5Y Growth Rate4.1%

Can Quanta Services, Inc. afford its dividend?

Payout ratio is 6.0%. FCF covers the dividend 17.1x. 9 consecutive years of payments.

Section 05 · Financial Summary

Quanta Services, Inc.'s key financial metrics

PWR financial summary
MetricLatest1Y Ago3Y AgoTrend
Revenue $28.5B $23.7B $17.1B Rising
Net Income $1.0B $0.9B $0.5B Rising
Free Cash Flow $1.6B $1.5B $0.7B Rising
Gross Margin 15.0% 14.8% 14.8% Stable
Section 06 · FAQ

Common questions about Quanta Services, Inc.

Is Quanta Services, Inc. at risk of going bankrupt?

Quanta Services, Inc.'s Altman Z-Score of 5.22 places it in the safe zone. This metric uses balance sheet ratios to predict bankruptcy probability within 2 years. A score below 1.8 signals distress, while above 3.0 indicates safety.

What is Quanta Services, Inc.'s estimated fair value?

Our valuation model estimates Quanta Services, Inc.'s fair value at $372.80 per share. The current margin of safety is -62.5%. This estimate uses a PE-based approach with analyst consensus earnings.

Does Quanta Services, Inc. have a competitive moat?

Quanta Services, Inc. receives a moat rating of 3.0 out of 5 stars, based on ROIC stability, gross margin trends, and estimated switching costs. A rating above 3.5 suggests a durable competitive advantage.

Is Quanta Services, Inc.'s dividend safe?

Our dividend safety analysis examines payout ratio, free cash flow coverage, and the company's streak of consecutive dividend payments to determine whether the current payout is sustainable.

FairValueLabs Disclaimer

All valuations, scores, ratings, and classifications on this page are produced by the FairValueLabs internal valuation system. They do not represent actual market value, guaranteed outcomes, or professional investment advice. These are analytical estimates for educational and research purposes only.

This is not financial advice. All data is sourced from SEC EDGAR public filings. Always consult a qualified financial advisor before making investment decisions.

Last updated: Apr 20, 2026. Data sources: SEC EDGAR (financial statements), Yahoo Finance (market data, analyst consensus). Data may not reflect the most recent quarter.

PWR analysis methodology: How we calculate fair value, Z-Scores, and moat ratings