PWR · NYSEIndustrials — Infrastructure Construction
The economic chain
Follow the chain left → right, from inputs to end demand. Tap any company to trace its links.
Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
—
Company details
Market cap
~$84B
P/E ratio
~70×
Div yield
~0.1%
Revenue
$28.5B
Net income
~$1.0B
Rev. growth
+20%
Total backlog
~$44B
Profit margin
~3.6%
In plain English
Quanta Services is the largest specialty contractor that physically builds and maintains the electric grid in North America — stringing high-voltage transmission lines, upgrading substations, connecting solar and wind farms, and increasingly wiring the giant electrical plants that power AI data centres. It owns no power; it is the labour-and-engineering machine the utilities and developers hire to get steel in the ground.
In simple terms
What Quanta Services really sells
Quanta Services is the largest specialty contractor that physically builds and maintains the electric grid in North America — stringing high-voltage transmission lines, upgrading substations, connecting solar and wind farms, and increasingly wiring the giant electrical plants that power AI data centres. It owns no power; it is the labour-and-engineering machine the utilities and developers hire to get steel in the ground.
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