Quanta Services company profile
- CEO
- Earl C. Austin Jr.
- Employees
- 69,500
- Headquarters
- 2727 North Loop West, Houston, TX 77008, US
- Sector
- Industrials
- Industry
- Engineering & Construction
- IPO date
- 12 Feb 1998
- Stock exchange
- NYSE
- ISIN
- US74762E1029
Website:quantaservices.com
About the company
Quanta Services, Inc. is a global provider of specialized contracting solutions. The company operates through three main business segments: The Electric Power Infrastructure Solutions division is dedicated to designing, procuring, constructing, upgrading, repairing, and maintaining critical infrastructure for electric power transmission, distribution networks, and substation facilities. This includes executing projects on live electrical systems for installation, upkeep, and modernization, as well as integrating advanced smart grid technologies. The segment also handles commercial and industrial wiring from design through repair. Furthermore, it furnishes aviation services, vital emergency restoration support, and various other engineering and technical assistance. Quanta Services extends its design and construction expertise to the telecommunications sector, serving wireline and wireless carriers, cable multi-system operators, and other clients. Professional development programs for electric utility personnel, as well as those in gas distribution and telecommunications, are also offered. The Renewable Energy Infrastructure Solutions segment concentrates on the full lifecycle of renewable energy assets. This encompasses engineering, procurement, construction, modernization, repair, and maintenance for facilities generating power from wind, solar, and hydroelectric sources, alongside battery storage systems. Additionally, it delivers engineering and construction for associated substations, switchyards, transmission lines, and other electrical infrastructures integral to renewable projects. The Underground Utility and Infrastructure Solutions division furnishes comprehensive services covering the design, engineering, construction, enhancement, repair, and ongoing maintenance of systems for transporting, distributing, storing, and processing natural gas, oil, and various other commodities. This includes the fabrication of essential pipeline support structures and related facilities. The segment is also responsible for the engineering and construction of extensive pipeline networks, storage facilities, and crucial compressor and pump stations. Originally incorporated in 1997 as Fabal Construction, Inc., the company adopted the name Quanta Services, Inc. in November of that year and maintains its corporate headquarters in Houston, Texas.
Employees
Quanta Services had about 69,500 employees at the end of fiscal year 2025 (31 December 2025), by its annual report. That is 19.0% more than a year before.
Employees at each fiscal year end, as the company reports them in its annual report (10-K); revenue and net income per employee are the fiscal year's over that count.
Who owns Quanta Services
Institutions such as funds, banks and insurers held 89.7% of Quanta Services's shares on 30 June 2026, 2,016 of them reporting holdings to the SEC; the rest is held by individual investors and other shareholders.
Shares free to trade
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
How Quanta Services pays its executives
The chief executive was paid 15.70M USD for fiscal 2025, 70% of it in shares and options.
| Name and position | Salary | Stock awards | Cash incentive | Other pay | Total pay |
|---|---|---|---|---|---|
| Earl C. (Duke) Austin, Jr. President & Chief Executive Officer | 1.41M USD | 11.05M USD | 2.71M USD | 532.74K USD | 15.70M USD |
| Jayshree Desai Chief Financial Officer | 861.00K USD | 3.25M USD | 1.22M USD | 88.66K USD | 5.42M USD |
| Karl Studer President – Electric Power | 835.34K USD | 2.63M USD | 1.18M USD | 293.76K USD | 4.94M USD |
| Gerald A. (BJ) Ducey, Jr. President – Strategic Operations | 735.00K USD | 1.63M USD | 931.98K USD | 106.39K USD | 3.40M USD |
| Donald C. Wayne Executive Vice President and General Counsel | 623.15K USD | 1.24M USD | 750.65K USD | 95.85K USD | 2.71M USD |
FY2025 · From the company's proxy statements to the SEC: what each named executive was paid for the fiscal year, shares and options at their value when granted. The latest filing
Common questions about Quanta Services
Source: Financial Modeling Prep
