[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"app-context":3,"blog-quanta-services-stock-what-a-1-7-billion-acquisition-quarter-means-for-2026-EN":150},{"languages":4,"categories":41,"products":125,"competitors":149},[5,9,13,17,21,25,29,33,37],{"name":6,"code":7,"id":8},"English","EN","TGFuZ3VhZ2U6ZW4=",{"name":10,"code":11,"id":12},"Español","ES","TGFuZ3VhZ2U6ZXM=",{"name":14,"code":15,"id":16},"Português","PT","TGFuZ3VhZ2U6cHQ=",{"name":18,"code":19,"id":20},"日本語","JA","TGFuZ3VhZ2U6amE=",{"name":22,"code":23,"id":24},"한국어","KO","TGFuZ3VhZ2U6a28=",{"name":26,"code":27,"id":28},"Deutsch","DE","TGFuZ3VhZ2U6ZGU=",{"name":30,"code":31,"id":32},"Italiano","IT","TGFuZ3VhZ2U6aXQ=",{"name":34,"code":35,"id":36},"Français","FR","TGFuZ3VhZ2U6ZnI=",{"name":38,"code":39,"id":40},"中文 (中国)","ZH","TGFuZ3VhZ2U6emg=",[42,73,104],{"icon":43,"slug":44,"title":45,"description":46,"featuredLinks":47},"mingcute:stock-line","stock-market-basics","Stock Market Basics","\u003Cp>Beginners' guides and practical tips for understanding stock market investing.\u003C\u002Fp>\n",[48,53,58,63,68],{"url":49,"title":50,"description":51,"ogImage":52},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-makes-stocks-go-up-and-down","What Makes Stocks Go Up and Down | TIKR.com","Understanding what makes stock prices go up and down can help investors better navigate investing. Click to learn more!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-makes-stocks-go-up-and-down-banner\u002FWhat-makes-stocks-go-up-and-down-banner.jpg?_i=AA",{"url":54,"title":55,"description":56,"ogImage":57},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fdividend-yield-meaning-formula-example","Dividend Yield: Meaning, Formula, Example | Tikr.com Blog | TIKR.com","The dividend yield is a key metric for investors looking to gauge the income potential of their investments. It measures how much a company pays out in","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FDividend-yield\u002FDividend-yield.png?_i=AA",{"url":59,"title":60,"description":61,"ogImage":62},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fmarket-capitalization-definition-formula-and-why-it-matters","Market Capitalization: Definition, Formula, and Why It Matters | TIKR.com","Long-term investors often look at various valuation metrics when deciding whether to invest in a particular company. One helpful metric to evaluate is","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FMarket-Capitalization-Definition-Formula-and-Why-It-Matters\u002FMarket-Capitalization-Definition-Formula-and-Why-It-Matters.png?_i=AA",{"url":64,"title":65,"description":66,"ogImage":67},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fearnings-per-share-definition-formula-and-why-eps-matters","Earnings Per Share: Definition, Formula, and Why EPS Matters | TIKR.com","Earnings Per Share (EPS) represents the portion of a company's net earnings allocated to each share. Click to learn more!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FEPS-Defiinition-formula-and-why-EPS-matters-1\u002FEPS-Defiinition-formula-and-why-EPS-matters-1.png?_i=AA",{"url":69,"title":70,"description":71,"ogImage":72},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-stock-price-target","What Is a Stock Price Target? | TIKR.com","A price target is a stock's estimated future price. It can help investors quickly find undervalued stocks. Learn more now!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-Stock-Price-Target-2\u002FWhat-is-a-Stock-Price-Target-2.png?_i=AA",{"icon":74,"slug":75,"title":76,"description":77,"featuredLinks":78},"material-symbols:analytics-outline","fundamental-analysis","Fundamental Analysis","\u003Cp>In-depth resources and financial metrics to help you evaluate companies like a pro.\u003C\u002Fp>\n",[79,84,89,94,99],{"url":80,"title":81,"description":82,"ogImage":83},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fshare-repurchase-why-do-companies-buy-back-their-stock","Share Repurchase: Why Do Companies Buy Back Their Stock? | TIKR.com","Share repurchases, or share buybacks, have gained popularity in the last two decades. According to a report from Goldman Sachs, stock buybacks initiated","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FTIKR-BLOG-COVER-PHOTOS-3_544a7f4e\u002FTIKR-BLOG-COVER-PHOTOS-3_544a7f4e.png?_i=AA",{"url":85,"title":86,"description":87,"ogImage":88},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-good-return-on-invested-capital","What Is a Good Return on Invested Capital? | TIKR.com","Learning about Return on Invested Capital (ROIC) can help investors spot highly profitable stocks that can drive long-term returns. Learn more now!","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-good-return-on-Invested-capital\u002FWhat-is-a-good-return-on-Invested-capital.png?_i=AA",{"url":90,"title":91,"description":92,"ogImage":93},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-good-return-on-equity-ratio","What is a Good Return on Equity Ratio | Tikr.com Blog | TIKR.com","Return on Equity (ROE) is a financial ratio that reflects a company's profitability in relation to the equity invested by shareholders. It basically","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-good-return-on-equity-ratio-1\u002FWhat-is-a-good-return-on-equity-ratio-1.jpg?_i=AA",{"url":95,"title":96,"description":97,"ogImage":98},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-a-good-p-e-ratio","What Is a Good P\u002FE Ratio? | TIKR.com","Financial analysts and investors look at various metrics before deciding whether a stock is a buy. One of the metrics is the price-to-earnings ratio (P\u002FE","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-a-good-PE-ratio-1\u002FWhat-is-a-good-PE-ratio-1.jpg?_i=AA",{"url":100,"title":101,"description":102,"ogImage":103},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Ftop-6-metrics-for-investing-in-reits","Top 6 Metrics for Investing in REITs | TIKR.com","Real estate has been one of the greatest asset classes for wealth creation in history, and investing in Real Estate Investment Trusts (REITs) can allow","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FGroup-10\u002FGroup-10.png?_i=AA",{"icon":105,"slug":106,"title":107,"description":108,"featuredLinks":109},"hugeicons:investigation","investing-lingo","Investing Lingo","\u003Cp>A comprehensive glossary of investing terms and jargon so you can speak the language of the markets confidently.\u003C\u002Fp>\n",[110,115,120],{"url":111,"title":112,"description":113,"ogImage":114},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fenterprise-value-definition-and-calculation","Enterprise Value: Definition and Calculation | Tikr.com Blog | TIKR.com","Enterprise value (EV) is a financial metric that offers a comprehensive snapshot of a company's total value. Unlike market capitalization which solely","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FEnterprise-Value-Definition-and-Calculation_37576e40\u002FEnterprise-Value-Definition-and-Calculation_37576e40.png?_i=AA",{"url":116,"title":117,"description":118,"ogImage":119},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Febitda-definition-formula-how-to-use-it","EBITDA: Definition, Formula, How to Use It | TIKR.com","EBITDA stands for earnings before interest, taxes, depreciation and amortization. It's a financial metric commonly used to evaluate a company's financial","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FEBITDA-Definition-Formula-How-to-Use-It\u002FEBITDA-Definition-Formula-How-to-Use-It.png?_i=AA",{"url":121,"title":122,"description":123,"ogImage":124},"https:\u002F\u002Fwww.tikr.com\u002Fblog\u002Fwhat-is-the-free-cash-flow-formula-and-why-does-it-matter","What is the Free Cash Flow Formula and Why Does It Matter | TIKR.com","Free cash flow, or FCF, is the cash a company generates after it accounts for outflows required to maintain business operations and support capital","https:\u002F\u002Fwww.tikr.com\u002Fimages\u002FWhat-is-the-free-cash-flow-formula\u002FWhat-is-the-free-cash-flow-formula.png?_i=AA",[126,130,134,137,141,145],{"slug":127,"modified":128,"title":129},"valuation-model-builder","2025-07-03T00:18:53","Value Stocks Quickly and Accurately",{"slug":131,"modified":132,"title":133},"stock-portfolio-tracking","2024-12-02T22:21:28","Monitor Your Portfolio",{"slug":75,"modified":135,"title":136},"2025-01-21T22:10:52","Instantly Analyze Companies with In-Depth Metrics",{"slug":138,"modified":139,"title":140},"stock-screener","2024-12-02T22:13:31","Find the Best Stocks to Buy",{"slug":142,"modified":143,"title":144},"investor-stock-portfolio","2025-01-21T22:02:56","Follow Investment Moves of Top Investors",{"slug":146,"modified":147,"title":148},"analyze-stocks","2025-07-23T16:04:24","Analyze Stocks",[],{"post":151,"seo":186,"relatedPosts":192,"suggestedPosts":270},{"id":152,"title":153,"date":154,"modified":155,"excerpt":156,"content":157,"wordCount":158,"lang":159,"uri":160,"slug":161,"cloudinaryAssetId":162,"featuredImageOriginalUrl":163,"featuredImageMetadata":164,"author":166,"editor":172,"categories":177,"relatedPosts":183,"seo":184},102050,"Quanta Services Stock: What a $1.7 Billion Acquisition Quarter Means for 2026","2026-04-20T15:20:00","2026-04-19T01:13:56","\u003Cp>Quanta posted record revenue, EPS, and free cash flow for 2025. The question is whether the stock already prices in what comes next.\u003C\u002Fp>\n","\n\u003Ch3 class=\"wp-block-heading\" id=\"h-key-stats\">\u003Cstrong>Key Stats\u003C\u002Fstrong>\u003C\u002Fh3>\n\n\n\n\u003Cul class=\"wp-block-list\">\n\u003Cli>\u003Cstrong>Current price:\u003C\u002Fstrong> $602\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>Full-year 2025 revenue:\u003C\u002Fstrong> $28.5 billion, +20% YoY\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>Full-year 2025 adjusted diluted EPS: \u003C\u002Fstrong>$10.75, +20% YoY\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>Q4 2025 revenue:\u003C\u002Fstrong> $7.8 billion (record quarter)\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>Q4 2025 adjusted diluted EPS:\u003C\u002Fstrong> $3.16 (record quarter)\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>Full-year 2026 revenue guidance:\u003C\u002Fstrong> double-digit growth expected\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>Full-year 2026 adjusted EPS guidance: \u003C\u002Fstrong>opportunity for over 20% growth\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>TIKR model price target: \u003C\u002Fstrong>$846\u003C\u002Fli>\n\n\n\n\u003Cli>\u003Cstrong>Implied upside: \u003C\u002Fstrong>+41% over 5 years (~8% annualized)\u003C\u002Fli>\n\u003C\u002Ful>\n\n\n\n\u003Cp>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003Cstrong>\u003Cem>Quanta stock is up big and still 40% below the TIKR model price. Check the assumptions yourself with professional-grade tools, for free →\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fa>\u003C\u002Fp>\n\n\n\n\u003Ch2 class=\"wp-block-heading\" id=\"h-quanta-services-stock-delivers-a-record-year-across-every-major-metric\">Quanta Services Stock Delivers a Record Year Across Every Major Metric\u003C\u002Fh2>\n\n\n\n\u003Cp>Quanta Services stock (\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fstock\u002Fabout?cid=33509&amp;tid=2641432&amp;ref=q2enxr\">PWR\u003C\u002Fa>) capped 2025 with full-year revenue of $28.5 billion, up 20% year-over-year, while adjusted diluted EPS grew 20% to $10.75, both records for the company.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fstock\u002Ftranscript?cid=33509&amp;tid=2641432&amp;e=1981220160&amp;ts=3666767&amp;ref=q2enxr\">Q4\u003C\u002Fa> alone produced $7.8 billion in revenue and $3.16 in adjusted diluted EPS, both fourth-quarter records.\u003C\u002Fp>\n\n\n\n\u003Cp>Cash generation matched the earnings story: full-year cash flow from operations hit $2.2 billion and free cash flow reached $1.7 billion, each a record.\u003C\u002Fp>\n\n\n\n\u003Cp>CEO Duke Austin framed the result plainly: &#8220;2025 was another year of significant achievement and advancement for Quanta. Again, we delivered record results as we generated double-digit growth in revenues, adjusted EBITDA and adjusted earnings per share, along with record free cash flow and backlog.&#8221;\u003C\u002Fp>\n\n\n\n\u003Cp>Adjusted EBITDA for the full year reached $2.9 billion, another record, with Q4 EBITDA of $845 million.\u003C\u002Fp>\n\n\n\n\u003Cp>The company&#8217;s total backlog ended the year at $44 billion, with data center and large load customers representing the fastest-growing segment of that backlog, currently running at roughly 10% of the total.\u003C\u002Fp>\n\n\n\n\u003Cp>Quanta completed three acquisitions in Q4 alone: Tri-City Group, Wilson Construction Company, and Billings Flying Service, for aggregate upfront consideration of approximately $1.7 billion funded through cash and stock.\u003C\u002Fp>\n\n\n\n\u003Cp>Despite that capital deployment following the earlier Q3 acquisition of Dynamic Systems, the company maintained a leverage ratio below 2x.\u003C\u002Fp>\n\n\n\n\u003Cp>For 2026, management guided to continued double-digit growth in revenues, net income, and adjusted EBITDA, with the opportunity to deliver over 20% growth in adjusted EPS.\u003C\u002Fp>\n\n\n\n\u003Cp>Free cash flow guidance for 2026 stands at $1.8 billion at the midpoint, which includes $250 million to $350 million in capital expenditures tied to the company&#8217;s vertical supply chain expansion into high-voltage transformers and breakers.\u003C\u002Fp>\n\n\n\n\u003Cp id=\"h-what-happened\">At its March 2026 Investor Day, management raised the long-term target: adjusted EPS of $21.60 to $26.75 by 2030, representing a 15% to 20% CAGR off the 2025 base, with organic revenue CAGR of 7% to 10%.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003Cstrong>\u003Cem>Nine consecutive record EPS years and a $44 billion backlog. See if Quanta Services stock still has room to run on TIKR, free →\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fa>\u003C\u002Fp>\n\n\n\n\u003Ch2 class=\"wp-block-heading\" id=\"h-quanta-services-stock-what-the-income-statement-says\">Quanta Services Stock: What the Income Statement Says\u003C\u002Fh2>\n\n\n\n\u003Cp>Quanta Services stock is backed by an income statement showing consistent revenue acceleration throughout 2025, with quarterly YoY growth rates of 24%, 21%, ~18%, and about 20% across the four quarters.\u003C\u002Fp>\n\n\n\n\u003Cfigure class=\"wp-block-image size-large\">\u003Cimg width=\"1024\" height=\"681\" data-public-id=\"images\u002Fimage-529_1020543b432\u002Fimage-529_1020543b432.png\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1024,h_681,c_scale\u002Ff_webp,q_auto\u002Fv1776561023\u002Fimages\u002Fimage-529_1020543b432\u002Fimage-529_1020543b432.png?_i=AA\" alt=\"quanta services stock financials\" class=\"wp-post-102050 wp-image-102054\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1776561023\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1024,h_681,c_scale\u002Ff_webp,q_auto\u002Fv1776561023\u002Fimages\u002Fimage-529_1020543b432\u002Fimage-529_1020543b432.png?_i=AA 1024w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_200,c_scale\u002Ff_webp,q_auto\u002Fv1776561023\u002Fimages\u002Fimage-529_1020543b432\u002Fimage-529_1020543b432.png?_i=AA 300w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_768,h_511,c_scale\u002Ff_webp,q_auto\u002Fv1776561023\u002Fimages\u002Fimage-529_1020543b432\u002Fimage-529_1020543b432.png?_i=AA 768w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1776561023\u002Fimages\u002Fimage-529_1020543b432\u002Fimage-529_1020543b432.png?_i=AA 600w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1200,h_798,c_scale\u002Ff_webp,q_auto\u002Fv1776561023\u002Fimages\u002Fimage-529_1020543b432\u002Fimage-529_1020543b432.png?_i=AA 1200w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1400,h_931,c_scale\u002Ff_webp,q_auto\u002Fv1776561023\u002Fimages\u002Fimage-529_1020543b432\u002Fimage-529_1020543b432.png?_i=AA 1400w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1776561023\u002Fimages\u002Fimage-529_1020543b432\u002Fimage-529_1020543b432.png?_i=AA 1488w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">PWR Stock Financials \u003Cstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fstock\u002Ffinancials?cid=33509&amp;tid=2641432&amp;tab=is&amp;ref=q2enxr\">(TIKR)\u003C\u002Fa>\u003C\u002Fstrong>\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp>Gross margin held in a tight band across the year, ranging from ~13% in Q1 to 16% in Q3, with Q4 gross margin landing at around 16%.\u003C\u002Fp>\n\n\n\n\u003Cp>Gross profit grew about 15% YoY in Q4 to $1.22 billion, consistent with the 20%-plus gross profit gains seen in Q1 through Q3.\u003C\u002Fp>\n\n\n\n\u003Cp>Operating income for Q4 came in at $410 million, a slight year-over-year decline of around 1% from Q4 2024&#8217;s $420 million.\u003C\u002Fp>\n\n\n\n\u003Cp>Q4 operating margin contracted to ~5% from ~6% in the prior-year quarter, reflecting higher SG&amp;A of $660 million versus $510 million a year earlier, driven in part by acquisition-related activity.\u003C\u002Fp>\n\n\n\n\u003Cfigure class=\"wp-block-image size-large\">\u003Cimg width=\"1024\" height=\"679\" data-public-id=\"images\u002Fimage-530_102055c3229\u002Fimage-530_102055c3229.png\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1024,h_679,c_scale\u002Ff_webp,q_auto\u002Fv1776561166\u002Fimages\u002Fimage-530_102055c3229\u002Fimage-530_102055c3229.png?_i=AA\" alt=\"quanta services stock operating income growth\" class=\"wp-post-102050 wp-image-102055\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1776561166\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1024,h_679,c_scale\u002Ff_webp,q_auto\u002Fv1776561166\u002Fimages\u002Fimage-530_102055c3229\u002Fimage-530_102055c3229.png?_i=AA 1024w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_199,c_scale\u002Ff_webp,q_auto\u002Fv1776561166\u002Fimages\u002Fimage-530_102055c3229\u002Fimage-530_102055c3229.png?_i=AA 300w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_768,h_509,c_scale\u002Ff_webp,q_auto\u002Fv1776561166\u002Fimages\u002Fimage-530_102055c3229\u002Fimage-530_102055c3229.png?_i=AA 768w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1200,h_795,c_scale\u002Ff_webp,q_auto\u002Fv1776561166\u002Fimages\u002Fimage-530_102055c3229\u002Fimage-530_102055c3229.png?_i=AA 1200w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1400,h_928,c_scale\u002Ff_webp,q_auto\u002Fv1776561166\u002Fimages\u002Fimage-530_102055c3229\u002Fimage-530_102055c3229.png?_i=AA 1400w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Ff_webp,q_auto\u002Fv1776561166\u002Fimages\u002Fimage-530_102055c3229\u002Fimage-530_102055c3229.png?_i=AA 1494w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">PWR Stock Operating Income Growth \u003Cstrong>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fstock\u002Ffinancials?cid=33509&amp;tid=2641432&amp;tab=is&amp;ref=q2enxr\">(TIKR)\u003C\u002Fa>\u003C\u002Fstrong>\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp>The full-year operating trajectory remains strong: operating income grew ~61%, ~19%, and 22% in Q1 through Q3, with Q4 absorbing the one-quarter drag from the concentrated acquisition spend.\u003C\u002Fp>\n\n\n\n\u003Cp id=\"h-what-does-the-valuation-model-say\">Management guided to 10% to 11% adjusted EBITDA margins by 2030, representing up to 80 basis points of expansion from the 2026 guidance midpoint, citing performance improvements in underground operations, Canadian operations, and growing contribution from fabrication and MEP capabilities.\u003C\u002Fp>\n\n\n\n\u003Ch2 class=\"wp-block-heading\">Valuation Model Take\u003C\u002Fh2>\n\n\n\n\u003Cp>The TIKR model prices Quanta Services stock at $846, implying roughly 41% total upside from the current price of $602 over the next 5 years, or ~8% annualized.\u003C\u002Fp>\n\n\n\n\u003Cp>The mid-case model runs on an 12% revenue CAGR and a 7% net income margin, assumptions that sit inside the range management reaffirmed at its \u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fstock\u002Ftranscript?cid=33509&amp;tid=2641432&amp;e=1988981664&amp;ts=3688782&amp;ref=q2enxr\">March 2026 Investor Day.\u003C\u002Fa>\u003C\u002Fp>\n\n\n\n\u003Cp>The Q4 result and the full-year 2025 delivery reinforce both pillars of that model: revenue growth came in at exactly 20% for the full year, and the company&#8217;s cash generation profile shows free cash flow conversion improving, with management targeting 55% to 60% adjusted EBITDA conversion by 2030.\u003C\u002Fp>\n\n\n\n\u003Cp>With a $44 billion backlog, a 9-year consecutive record on adjusted EPS, and a freshly issued 5-year plan that management has framed as a personal commitment, the Quanta Services stock investment case enters 2026 in a stronger position than it did a year ago.\u003C\u002Fp>\n\n\n\n\u003Cfigure class=\"wp-block-image size-large\">\u003Cimg width=\"1024\" height=\"832\" data-public-id=\"images\u002FPWR_valuation_model-2\u002FPWR_valuation_model-2.webp\" loading=\"lazy\" decoding=\"async\" src=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1024,h_832,c_scale\u002Ff_webp,q_auto\u002Fv1776560303\u002Fimages\u002FPWR_valuation_model-2\u002FPWR_valuation_model-2.webp?_i=AA\" alt=\"quanta services stock valuation model results\" class=\"wp-post-102050 wp-image-102052\" data-format=\"webp\" data-transformations=\"f_webp,q_auto\" data-version=\"1776560303\" data-seo=\"1\" srcset=\"https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1024,h_832,c_scale\u002Ff_webp,q_auto\u002Fv1776560303\u002Fimages\u002FPWR_valuation_model-2\u002FPWR_valuation_model-2.webp?_i=AA 1024w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_300,h_244,c_scale\u002Ff_webp,q_auto\u002Fv1776560303\u002Fimages\u002FPWR_valuation_model-2\u002FPWR_valuation_model-2.webp?_i=AA 300w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_768,h_624,c_scale\u002Ff_webp,q_auto\u002Fv1776560303\u002Fimages\u002FPWR_valuation_model-2\u002FPWR_valuation_model-2.webp?_i=AA 768w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1536,h_1248,c_scale\u002Ff_webp,q_auto\u002Fv1776560303\u002Fimages\u002FPWR_valuation_model-2\u002FPWR_valuation_model-2.webp?_i=AA 1536w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_2048,h_1663,c_scale\u002Ff_webp,q_auto\u002Fv1776560303\u002Fimages\u002FPWR_valuation_model-2\u002FPWR_valuation_model-2.webp?_i=AA 2048w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1200,h_975,c_scale\u002Ff_webp,q_auto\u002Fv1776560303\u002Fimages\u002FPWR_valuation_model-2\u002FPWR_valuation_model-2.webp?_i=AA 1200w, https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_1400,h_1137,c_scale\u002Ff_webp,q_auto\u002Fv1776560303\u002Fimages\u002FPWR_valuation_model-2\u002FPWR_valuation_model-2.webp?_i=AA 1400w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \u002F>\u003Cfigcaption class=\"wp-element-caption\">PWR Stock Valuation Model Results \u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fstock\u002Fabout?cid=21127&amp;tid=2621295&amp;ref=tikrblog\">\u003Cstrong>(TIKR)\u003C\u002Fstrong>\u003C\u002Fa>\u003C\u002Ffigcaption>\u003C\u002Ffigure>\n\n\n\n\u003Cp>The central tension for Quanta Services stock is whether the market will re-rate the multiple faster than earnings grow, or whether a 30x-plus P\u002FE already prices in the next several years of compounding.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cstrong>Bull Case\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Cul class=\"wp-block-list\">\n\u003Cli>Record $44 billion backlog with data center and large load representing the fastest-growing segment, with management projecting that pocket alone scales to a $5 billion to $7 billion opportunity per NiSource-type customer\u003C\u002Fli>\n\n\n\n\u003Cli>Management&#8217;s 5-year EPS target of $21.6 to $26.75 by 2030 implies the company doubles 28 years of earnings in five, supported by 7% to 10% organic revenue CAGR\u003C\u002Fli>\n\n\n\n\u003Cli>$500 million to $700 million vertical supply chain investment in high-voltage transformers and breakers creates a differentiated, in-house sourcing advantage no competitor can replicate quickly\u003C\u002Fli>\n\n\n\n\u003Cli>Free cash flow of $10 billion to $12 billion projected over the 5-year plan period, giving management significant flexibility to acquire, return capital, and compound ROIC toward 12% to 15%\u003C\u002Fli>\n\u003C\u002Ful>\n\n\n\n\u003Cp>\u003Cstrong>Bear Case\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Cul class=\"wp-block-list\">\n\u003Cli>Q4 operating margin contracted to ~5% from ~6% a year earlier, with SG&amp;A creeping toward $660 million per quarter as acquisition integration costs pressure near-term margins\u003C\u002Fli>\n\n\n\n\u003Cli>Data center remains only 10% of total backlog today; if large load bookings disappoint in 2026 or hyperscaler capex cycles slow, the fastest-growing segment narrative deflates quickly\u003C\u002Fli>\n\n\n\n\u003Cli>The 765-kilovolt transmission build that management expects to drive a &#8220;full stack&#8221; upside scenario is not yet in backlog and is not expected to start in 2026, creating a multi-year wait for one of the clearest catalysts\u003C\u002Fli>\n\n\n\n\u003Cli>Leverage below 2x post-acquisition looks healthy but reflects $1.7 billion in Q4 acquisition spend; any acceleration of the deal pipeline toward $10 billion over 5 years again demands sustained free cash flow execution with no misses\u003C\u002Fli>\n\u003C\u002Ful>\n\n\n\n\u003Cp>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003Cstrong>\u003Cem>Management is targeting $21.6 to $26.75 EPS by 2030. Model it yourself using TIKR&#8217;s valuation tools, for free →\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fa>\u003C\u002Fp>\n\n\n\n\u003Ch2 class=\"wp-block-heading\" id=\"h-should-you-invest-in-quanta-services-inc\">\u003Cstrong>Should You Invest in Quanta Services, Inc.?\u003C\u002Fstrong>\u003C\u002Fh2>\n\n\n\n\u003Cp>The only way to really know is to look at the numbers yourself. TIKR gives you free access to the same institutional-quality financial data that professional analysts use to answer exactly that question.\u003C\u002Fp>\n\n\n\n\u003Cp>Pull up PWR stock and you&#8217;ll see years of historical financials, what Wall Street analysts expect for revenue and earnings in the quarters ahead, how valuation multiples have moved over time, and whether price targets are trending up or down.\u003C\u002Fp>\n\n\n\n\u003Cp>You can build a free watchlist to track Quanta Services, Inc. alongside every other stock on your radar. No credit card required. Just the data you need to decide for yourself.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Ca href=\"https:\u002F\u002Fapp.tikr.com\u002Fregister?ref=tikrblog\">\u003Cstrong>\u003Cem>Access Professional Tools to Analyze PWR stock on TIKR for Free →\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fa>\u003C\u002Fp>\n",1231,"en","\u002Fblog\u002Fquanta-services-stock-what-a-1-7-billion-acquisition-quarter-means-for-2026","quanta-services-stock-what-a-1-7-billion-acquisition-quarter-means-for-2026","images\u002FSustainability-Environment-Facilities\u002FSustainability-Environment-Facilities","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1776560897\u002Fimages\u002FSustainability-Environment-Facilities\u002FSustainability-Environment-Facilities.jpg?_i=AA",{"altText":153,"imageCredit":165},"TIKR",{"name":167,"slug":168,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":171},"Gian Estrada","giantikr","author","",[],{"name":173,"slug":174,"role":175,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":176},"David Hanson","davidtikr","editor",[],[178],{"name":179,"slug":180,"uri":181,"description":170,"postsCount":182},"Earnings Updates","earnings-updates","\u002Fblog\u002Fcategory\u002Fearnings-updates",0,[],{"title":153,"metaDesc":185,"opengraphDescription":185,"twitterTitle":153,"twitterDescription":185},"Quanta posted record revenue, EPS, and free cash flow for 2025. The question is whether the stock already prices in what comes next.",{"title":153,"description":185,"twitterTitle":153,"twitterDescription":185,"author":167,"articlePublisher":187,"articlePublishedTime":154,"articleModifiedTime":155,"twitterLabel1":188,"twitterData1":189,"ogTitle":153,"ogDescription":185,"ogUrl":160,"ogImage":163,"ogImageWidth":190,"ogImageHeight":191,"ogImageSecureUrl":163,"ogImageAlt":153,"twitterImage":163},"TIKR.com","Est. reading time","7 minutes",1200,630,[193,208,223,238,255],{"id":182,"title":194,"date":195,"excerpt":196,"wordCount":197,"uri":198,"slug":199,"cloudinaryAssetId":200,"featuredImageOriginalUrl":201,"featuredImageMetadata":202,"author":203,"categories":205,"relatedPosts":207},"Freshworks Stock Posts First GAAP Profitable Year as EX Crosses $500M ARR","2026-04-20 13:40:00","Freshworks turned GAAP profitable for the first time ever in 2025. The question is whether the stock has priced any of it in.",1347,"\u002Fblog\u002Ffreshworks-stock-posts-first-gaap-profitable-year-as-ex-crosses-500m-arr","freshworks-stock-posts-first-gaap-profitable-year-as-ex-crosses-500m-arr","images\u002FFEATURED-IMAGE-MAKER-346_1020584a937\u002FFEATURED-IMAGE-MAKER-346_1020584a937","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1776562015\u002Fimages\u002FFEATURED-IMAGE-MAKER-346_1020584a937\u002FFEATURED-IMAGE-MAKER-346_1020584a937.png?_i=AA",{"altText":194},{"name":167,"slug":168,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":204},[],[206],{"name":179,"slug":180,"uri":181,"description":170,"postsCount":182},[],{"id":182,"title":209,"date":210,"excerpt":211,"wordCount":212,"uri":213,"slug":214,"cloudinaryAssetId":215,"featuredImageOriginalUrl":216,"featuredImageMetadata":217,"author":218,"categories":220,"relatedPosts":222},"Travelers Companies Stock Posts Record Business Insurance Quarter as Core Income Hits $1.7 Billion","2026-04-20 12:20:00","Travelers posted $7.71 in core EPS and record Business Insurance income. The question now is whether pricing holds as margins peak.",1289,"\u002Fblog\u002Ftravelers-companies-stock-posts-record-business-insurance-quarter-as-core-income-hits-1-7-billion","travelers-companies-stock-posts-record-business-insurance-quarter-as-core-income-hits-1-7-billion","images\u002FFEATURED-IMAGE-MAKER-353_102152c9246\u002FFEATURED-IMAGE-MAKER-353_102152c9246","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1776600528\u002Fimages\u002FFEATURED-IMAGE-MAKER-353_102152c9246\u002FFEATURED-IMAGE-MAKER-353_102152c9246.png?_i=AA",{"altText":209},{"name":167,"slug":168,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":219},[],[221],{"name":179,"slug":180,"uri":181,"description":170,"postsCount":182},[],{"id":182,"title":224,"date":225,"excerpt":226,"wordCount":227,"uri":228,"slug":229,"cloudinaryAssetId":230,"featuredImageOriginalUrl":231,"featuredImageMetadata":232,"author":233,"categories":235,"relatedPosts":237},"Is Garmin Stock a Buy After Its Best Year on Record?","2026-04-20 12:15:00","Garmin closed 2025 with records across every segment. The valuation model says the market still hasn't noticed.",1064,"\u002Fblog\u002Fis-garmin-stock-a-buy-after-its-best-year-on-record","is-garmin-stock-a-buy-after-its-best-year-on-record","images\u002FFEATURED-IMAGE-MAKER-340_10198650fe3\u002FFEATURED-IMAGE-MAKER-340_10198650fe3","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1776494294\u002Fimages\u002FFEATURED-IMAGE-MAKER-340_10198650fe3\u002FFEATURED-IMAGE-MAKER-340_10198650fe3.png?_i=AA",{"altText":224},{"name":167,"slug":168,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":234},[],[236],{"name":179,"slug":180,"uri":181,"description":170,"postsCount":182},[],{"id":182,"title":239,"date":240,"excerpt":241,"wordCount":242,"uri":243,"slug":244,"cloudinaryAssetId":245,"featuredImageOriginalUrl":246,"featuredImageMetadata":247,"author":248,"categories":252,"relatedPosts":254},"Ally Financial Stock Gains 8% As Earnings Beat Offsets Revenue Miss","2026-04-20 09:45:00","Ally Financial stock jumps 5% after Q1 EPS of $1.11 crushed estimates, with record auto applications and improving credit quality driving investor confidence.",687,"\u002Fblog\u002Fally-financial-nyse-stock-gains-8-as-earnings-beat-offsets-revenue-miss","ally-financial-nyse-stock-gains-8-as-earnings-beat-offsets-revenue-miss","images\u002FALLY-stock_102239a86f5\u002FALLY-stock_102239a86f5","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1776671749\u002Fimages\u002FALLY-stock_102239a86f5\u002FALLY-stock_102239a86f5.png?_i=AA",{"altText":239},{"name":249,"slug":250,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":251},"Aditya Raghunath","adityatikr",[],[253],{"name":179,"slug":180,"uri":181,"description":170,"postsCount":182},[],{"id":182,"title":256,"date":257,"excerpt":258,"wordCount":259,"uri":260,"slug":261,"cloudinaryAssetId":262,"featuredImageOriginalUrl":263,"featuredImageMetadata":264,"author":265,"categories":267,"relatedPosts":269},"Badger Meter Stock Falls 24% After Earnings Report Misses Analyst Expectation","2026-04-20 08:59:00","Badger Meter stock drops after Q1 EPS fell to $0.93 from $1.30 a year ago, as project timing gaps and weaker short-cycle orders weighed on revenue. ",691,"\u002Fblog\u002Fbadger-meter-nyse-bmi-stock-falls-24-after-earnings-report-misses-analyst-expectation","badger-meter-nyse-bmi-stock-falls-24-after-earnings-report-misses-analyst-expectation","images\u002FBMI-stock\u002FBMI-stock","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1776666017\u002Fimages\u002FBMI-stock\u002FBMI-stock.png?_i=AA",{"altText":256},{"name":249,"slug":250,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":266},[],[268],{"name":179,"slug":180,"uri":181,"description":170,"postsCount":182},[],[271,289,303,320,335,350,368,382,398,413,427,443,458],{"id":182,"title":272,"date":273,"excerpt":274,"wordCount":275,"uri":276,"slug":277,"cloudinaryAssetId":278,"featuredImageOriginalUrl":279,"featuredImageMetadata":280,"author":281,"categories":283,"relatedPosts":288},"Fortinet Posted 40% SASE Billings Growth in Q4: Does the Math Support  Street's $120 High Target?","2026-04-20 14:50:00","40% SASE billings growth. A May 6 earnings call. And a forward multiple near a decade low. Worth a closer look?",1424,"\u002Fblog\u002Ffortinet-posted-40-sase-billings-growth-in-q4-does-the-math-support-streets-120-high-target","fortinet-posted-40-sase-billings-growth-in-q4-does-the-math-support-streets-120-high-target","images\u002FFEATURED-IMAGE-MAKER-348_1020720a610\u002FFEATURED-IMAGE-MAKER-348_1020720a610","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1776572090\u002Fimages\u002FFEATURED-IMAGE-MAKER-348_1020720a610\u002FFEATURED-IMAGE-MAKER-348_1020720a610.png?_i=AA",{"altText":272},{"name":167,"slug":168,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":282},[],[284],{"name":285,"slug":286,"uri":287,"description":170,"postsCount":182},"Stock Reviews","reviews","\u002Fblog\u002Fcategory\u002Freviews",[],{"id":182,"title":290,"date":210,"excerpt":291,"wordCount":292,"uri":293,"slug":294,"cloudinaryAssetId":295,"featuredImageOriginalUrl":296,"featuredImageMetadata":297,"author":298,"categories":300,"relatedPosts":302},"Why American Tower Stock is Currently Trading at a Discount With No Sells on Wall Street","American Tower derisked DISH entirely from its 2026 guidance. April 28 reveals whether CoreSite's AI leasing surge shows up in Q1 numbers. ",1425,"\u002Fblog\u002Fwhy-american-tower-stock-is-currently-trading-at-a-discount-with-no-sells-on-wall-street","why-american-tower-stock-is-currently-trading-at-a-discount-with-no-sells-on-wall-street","images\u002FFEATURED-IMAGE-MAKER-337_101967f2740\u002FFEATURED-IMAGE-MAKER-337_101967f2740","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1776482738\u002Fimages\u002FFEATURED-IMAGE-MAKER-337_101967f2740\u002FFEATURED-IMAGE-MAKER-337_101967f2740.png?_i=AA",{"altText":290},{"name":167,"slug":168,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":299},[],[301],{"name":285,"slug":286,"uri":287,"description":170,"postsCount":182},[],{"id":182,"title":304,"date":305,"excerpt":306,"wordCount":307,"uri":308,"slug":309,"cloudinaryAssetId":310,"featuredImageOriginalUrl":311,"featuredImageMetadata":312,"author":313,"categories":317,"relatedPosts":319},"Common Size Financial Statements: How to Compare Companies of Any Size","2026-04-19 15:56:58","The most useful financial comparisons aren't about which company is bigger, they're about which one is better structured, and common size statements are how you find out.",1537,"\u002Fblog\u002Fcommon-size-financial-statements-how-to-compare-companies-of-any-size","common-size-financial-statements-how-to-compare-companies-of-any-size","images\u002FCommon-Size-Featured-\u002FCommon-Size-Featured-","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1776527781\u002Fimages\u002FCommon-Size-Featured-\u002FCommon-Size-Featured-.png?_i=AA",{"altText":304},{"name":314,"slug":315,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":316},"David Beren","davidberentikr",[],[318],{"name":285,"slug":286,"uri":287,"description":170,"postsCount":182},[],{"id":182,"title":321,"date":322,"excerpt":323,"wordCount":324,"uri":325,"slug":326,"cloudinaryAssetId":327,"featuredImageOriginalUrl":328,"featuredImageMetadata":329,"author":330,"categories":332,"relatedPosts":334},"7 Limitations of Financial Statements Every Stock Investor Should Know","2026-04-19 14:29:43","Financial statements are the foundation of fundamental analysis, but the investors who use them best are the ones who understand exactly where they fall short.",1808,"\u002Fblog\u002F7-limitations-of-financial-statements-every-stock-investor-should-know","7-limitations-of-financial-statements-every-stock-investor-should-know","images\u002FFinancial-Statement-Featured-1\u002FFinancial-Statement-Featured-1","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1776523492\u002Fimages\u002FFinancial-Statement-Featured-1\u002FFinancial-Statement-Featured-1.png?_i=AA",{"altText":321},{"name":314,"slug":315,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":331},[],[333],{"name":285,"slug":286,"uri":287,"description":170,"postsCount":182},[],{"id":182,"title":336,"date":337,"excerpt":338,"wordCount":339,"uri":340,"slug":341,"cloudinaryAssetId":342,"featuredImageOriginalUrl":343,"featuredImageMetadata":344,"author":345,"categories":347,"relatedPosts":349},"Classified Balance Sheet Explained: How to Read a Company's Assets, Liabilities, and Equity","2026-04-19 12:56:00","Most investors focus on the income statement, but the balance sheet reflects a business's actual financial health.",1543,"\u002Fblog\u002Fclassified-balance-sheet-explained-how-to-read-a-companys-assets-liabilities-and-equity","classified-balance-sheet-explained-how-to-read-a-companys-assets-liabilities-and-equity","images\u002FBalance-Sheet-Featured_102018b85aa\u002FBalance-Sheet-Featured_102018b85aa","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1776519936\u002Fimages\u002FBalance-Sheet-Featured_102018b85aa\u002FBalance-Sheet-Featured_102018b85aa.png?_i=AA",{"altText":336},{"name":314,"slug":315,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":346},[],[348],{"name":285,"slug":286,"uri":287,"description":170,"postsCount":182},[],{"id":182,"title":351,"date":352,"excerpt":353,"wordCount":354,"uri":355,"slug":356,"cloudinaryAssetId":357,"featuredImageOriginalUrl":358,"featuredImageMetadata":359,"author":360,"categories":362,"relatedPosts":367},"TopBuild Stock Soars 19% After QXO Announces $17 Billion Acquisition","2026-04-20 14:10:00","TopBuild stock surges after QXO announces a $17 billion acquisition, creating North America's second largest publicly traded building products distributor.",685,"\u002Fblog\u002Ftopbuild-nyse-19-stock-soar-after-qxo-announces-17-billion-acquisition","topbuild-nyse-19-stock-soar-after-qxo-announces-17-billion-acquisition","images\u002FBLD-stock\u002FBLD-stock","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1776692893\u002Fimages\u002FBLD-stock\u002FBLD-stock.png?_i=AA",{"altText":351},{"name":249,"slug":250,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":361},[],[363],{"name":364,"slug":365,"uri":366,"description":170,"postsCount":182},"General Investing","general-investing","\u002Fblog\u002Fcategory\u002Fgeneral-investing",[],{"id":182,"title":369,"date":370,"excerpt":170,"wordCount":371,"uri":372,"slug":373,"cloudinaryAssetId":374,"featuredImageOriginalUrl":375,"featuredImageMetadata":376,"author":377,"categories":379,"relatedPosts":381},"TJX Stock Crosses $60 Billion in Sales: Does the Street High Target of $193 Hold Up?","2026-04-20 14:00:00",1147,"\u002Fblog\u002Ftjx-stock-crosses-60-billion-in-sales-does-the-street-high-target-of-193-hold-up","tjx-stock-crosses-60-billion-in-sales-does-the-street-high-target-of-193-hold-up","images\u002FFEATURED-IMAGE-MAKER-339-1\u002FFEATURED-IMAGE-MAKER-339-1","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1776492418\u002Fimages\u002FFEATURED-IMAGE-MAKER-339-1\u002FFEATURED-IMAGE-MAKER-339-1.png?_i=AA",{"altText":369},{"name":167,"slug":168,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":378},[],[380],{"name":364,"slug":365,"uri":366,"description":170,"postsCount":182},[],{"id":182,"title":383,"date":370,"excerpt":384,"wordCount":385,"uri":386,"slug":387,"cloudinaryAssetId":388,"featuredImageOriginalUrl":389,"featuredImageMetadata":390,"author":391,"categories":395,"relatedPosts":397},"KeyCorp Beat Q1 2026 Earnings Estimates. What a $25 Street Target Means for Investors","KeyCorp just posted its strongest Q1 in years, raised guidance, and is buying back stock at a record pace. The market barely moved. That disconnect is exactly what investors are focused on right now.",1115,"\u002Fblog\u002Fkeycorp-beat-q1-2026-earnings-estimates-what-a-25-street-target-means-for-investors","keycorp-beat-q1-2026-earnings-estimates-what-a-25-street-target-means-for-investors","images\u002F7-3_102164f96c3\u002F7-3_102164f96c3","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1776644006\u002Fimages\u002F7-3_102164f96c3\u002F7-3_102164f96c3.png?_i=AA",{"altText":383},{"name":392,"slug":393,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":394},"Wiltone Asuncion","wiltonetikr",[],[396],{"name":364,"slug":365,"uri":366,"description":170,"postsCount":182},[],{"id":182,"title":399,"date":400,"excerpt":401,"wordCount":402,"uri":403,"slug":404,"cloudinaryAssetId":405,"featuredImageOriginalUrl":406,"featuredImageMetadata":407,"author":408,"categories":410,"relatedPosts":412},"Travelers Companies Had a Record Q1 2026. Here's Why the Stock May Have More Room to Run","2026-04-20 13:50:00","Travelers Companies just posted its seventh consecutive quarter of $1 billion-plus in after-tax underwriting income, beat earnings estimates, and raised its dividend 14%. Yet TRV barely moved. The TIKR model suggests the Street may be underestimating this franchise.",1220,"\u002Fblog\u002Ftravelers-companies-had-a-record-q1-2026-heres-why-the-stock-may-have-more-room-to-run","travelers-companies-had-a-record-q1-2026-heres-why-the-stock-may-have-more-room-to-run","images\u002F6-3_10216345f5c\u002F6-3_10216345f5c","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1776643996\u002Fimages\u002F6-3_10216345f5c\u002F6-3_10216345f5c.png?_i=AA",{"altText":399},{"name":392,"slug":393,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":409},[],[411],{"name":364,"slug":365,"uri":366,"description":170,"postsCount":182},[],{"id":182,"title":414,"date":195,"excerpt":415,"wordCount":416,"uri":417,"slug":418,"cloudinaryAssetId":419,"featuredImageOriginalUrl":420,"featuredImageMetadata":421,"author":422,"categories":424,"relatedPosts":426},"U.S. Bancorp Stock Beats Q1 Earnings: What the Amazon Deal Means for Investors","U.S. Bancorp rose 2.6% after its Q1 2026 earnings beat, but the stock still trades below its 52-week high. With the Amazon card partnership converting in Q3 and BTIG closing imminently, the question is whether the market is underpricing what USB is building. ",1192,"\u002Fblog\u002Fu-s-bancorp-stock-beats-q1-earnings-what-the-amazon-deal-means-for-investors","u-s-bancorp-stock-beats-q1-earnings-what-the-amazon-deal-means-for-investors","images\u002F5-3_102162bc966\u002F5-3_102162bc966","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_400,c_scale\u002Ff_webp,q_auto\u002Fv1776643988\u002Fimages\u002F5-3_102162bc966\u002F5-3_102162bc966.png?_i=AA",{"altText":414},{"name":392,"slug":393,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":423},[],[425],{"name":364,"slug":365,"uri":366,"description":170,"postsCount":182},[],{"id":182,"title":428,"date":429,"excerpt":430,"wordCount":431,"uri":432,"slug":433,"cloudinaryAssetId":434,"featuredImageOriginalUrl":435,"featuredImageMetadata":436,"author":437,"categories":439,"relatedPosts":442},"Amer Sports Stock Delivers 27% Revenue Growth as Salomon Crosses $2 Billion in Sales","2026-04-19 12:40:00","Amer Sports grew 27% in 2025 with three brand engines firing. The question is whether the margin investment in Salomon is temporary or structural.",1247,"\u002Fblog\u002Famer-sports-stock-delivers-27-revenue-growth-as-salomon-crosses-2-billion-in-sales","amer-sports-stock-delivers-27-revenue-growth-as-salomon-crosses-2-billion-in-sales","images\u002FFEATURED-IMAGE-MAKER-347_102065dfae9\u002FFEATURED-IMAGE-MAKER-347_102065dfae9","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1776566743\u002Fimages\u002FFEATURED-IMAGE-MAKER-347_102065dfae9\u002FFEATURED-IMAGE-MAKER-347_102065dfae9.png?_i=AA",{"altText":428},{"name":167,"slug":168,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":438},[],[440],{"name":76,"slug":75,"uri":441,"description":170,"postsCount":182},"\u002Fblog\u002Fcategory\u002Ffundamental-analysis",[],{"id":182,"title":444,"date":445,"excerpt":446,"wordCount":447,"uri":448,"slug":449,"cloudinaryAssetId":450,"featuredImageOriginalUrl":451,"featuredImageMetadata":452,"author":453,"categories":455,"relatedPosts":457},"Helios Technologies Q4 2025: EPS Up 145%, Dividend Raised for the First Time Ever","2026-04-18 15:00:00","Helios Technologies returned to revenue growth for the first time in three years. Whether the momentum holds through 2026 is a harder question.",1307,"\u002Fblog\u002Fhelios-technologies-q4-2025-eps-up-145-dividend-raised-for-the-first-time-ever","helios-technologies-q4-2025-eps-up-145-dividend-raised-for-the-first-time-ever","images\u002FFEATURED-IMAGE-MAKER-341_101995d387e\u002FFEATURED-IMAGE-MAKER-341_101995d387e","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1776497160\u002Fimages\u002FFEATURED-IMAGE-MAKER-341_101995d387e\u002FFEATURED-IMAGE-MAKER-341_101995d387e.png?_i=AA",{"altText":444},{"name":167,"slug":168,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":454},[],[456],{"name":76,"slug":75,"uri":441,"description":170,"postsCount":182},[],{"id":182,"title":459,"date":460,"excerpt":461,"wordCount":462,"uri":463,"slug":464,"cloudinaryAssetId":465,"featuredImageOriginalUrl":466,"featuredImageMetadata":467,"author":468,"categories":470,"relatedPosts":472},"Amazon's P\u002FE Ratio: Current Levels, Historical Trends, and Outlook","2026-04-17 12:00:00","Amazon's 10-year average P\u002FE was 105x. Amazon stock now trades at 35x. The earnings era has arrived.",2693,"\u002Fblog\u002Famazon-pe-ratio","amazon-pe-ratio","images\u002FFEATURED-IMAGE-MAKER-327_10179767c52\u002FFEATURED-IMAGE-MAKER-327_10179767c52","https:\u002F\u002Fres.cloudinary.com\u002Ftikr\u002Fimages\u002Fw_600,h_360,c_scale\u002Ff_webp,q_auto\u002Fv1776394372\u002Fimages\u002FFEATURED-IMAGE-MAKER-327_10179767c52\u002FFEATURED-IMAGE-MAKER-327_10179767c52.png?_i=AA",{"altText":459},{"name":167,"slug":168,"role":169,"roleTitle":170,"biography":170,"avatar":170,"socialMediaLinks":469},[],[471],{"name":76,"slug":75,"uri":441,"description":170,"postsCount":182},[]]