QUANTA SERVICES, INC. (PWR)

Electrical Work

Latest Price

$650.58

TTM P/E

74.52

Normalized P/E

118.42

Div Yield

0.07%

Book Value

64.26

P/B Ratio

10.12

Valuation metrics

EPS: $6.80

Book value / share: $59.76

Formula: √(22.5 × EPS × BVPS)

Graham Number

$95.62

85% downside

Norm. op. income: $872M (median of 7yr)

Tax rate: 23%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$7.46

99% downside

Base FCF: $1.1B (median of recent 5yr)

Growth: 25%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$530.64

18% downside

EPS: $6.80

Target P/E: 75×

Formula: EPS × P/E

P/E Fair Value

$510.00

22% downside

89.6% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	13.06M	$9.40B	8.69%	-989.3K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	9.80M	$7.06B	6.52%	--	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	6.93M	$4.99B	4.61%	--	2026-06-30
STATE STREET CORP	6.58M	$4.74B	4.38%	+296.9K	2026-06-30
JPMORGAN CHASE & CO	5.31M	$3.79B	3.53%	-653.3K	2026-06-30
PECONIC PARTNERS LLC	4.72M	$3.40B	3.14%	-287.0K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	3.52M	$2.52B	2.34%	-667.2K	2026-06-30
FMR LLC	3.51M	$2.53B	2.34%	-620.6K	2026-06-30
BANK OF AMERICA CORP /DE/	3.17M	$2.28B	2.11%	-272.0K	2026-06-30
MORGAN STANLEY	2.31M	$1.66B	1.54%	+164.9K	2026-06-30