Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $8,398 | $12,855 | $13,464 | $16,237 | $18,684 |
Liabilities | $4,049 | $7,738 | $8,066 | $9,954 | $11,354 |
Equity | $4,344 | $5,112 | $5,383 | $6,272 | $7,318 |
Edwyn
Over the last 5 years, Quanta Services, Inc. has seen significant growth in its financial position, as evidenced by the steady increase in total assets. From 2020 to 2024, the company's total assets have more than doubled, indicating robust expansion and investment activities. This growth in assets is accompanied by a corresponding increase in both total liabilities and stockholders' equity, reflecting the company's financing structure and capital management. One noteworthy trend is the continuous rise in both liabilities and equity, although liabilities have generally increased at a faster rate. This suggests that Quanta Services has been leveraging its capital structure to fund its growth initiatives. The substantial increase in equity also indicates that the company has been successful in generating shareholder value and maintaining a strong financial position. These trends align with the construction and engineering industry's characteristics, where companies often require significant capital investments to support project growth and expansion. Overall, Quanta Services' financial performance indicates a healthy balance sheet and strategic financial management amidst its growth trajectory.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.