PWRNEUTRAL

PWR Debt-to-Equity Ratio Analysis

0.63x

Higher than 52% of Industrials sector peers

Updated 201h ago·SEC filings & market data

Key Takeaway

Quanta Services’s debt-to-equity ratio of 0.63x means the company carries $0.63 of debt for every $1 of shareholder equity, a common measure of financial leverage.

Sector Performance

52th percentile

PWR

0.63x

Sector Median

0.62x

Sector Avg

0.69x

Prior Period

0.65x(Jul 2026)

↑ Improving

📊

Deep Analysis

Quanta Services’s debt-to-equity ratio of 0.63x means the company carries $0.63 of debt for every $1 of shareholder equity, a common measure of financial leverage.

This matches the Industrials sector median of 0.63x exactly, and the 48th percentile rank places it near the middle of its peers. The year-over-year change is not available, but the quarter-over-quarter change shows a 3.1% decline from the prior reading of 0.65x, indicating a slight reduction in leverage. The combination of a sector-average level and a small downward move suggests stable financial risk with no emerging pressure. For investors, this offers a neutral risk profile—neither highly leveraged nor unusually conservative. The metric supports the overall NEUTRAL verdict, as the debt position is in line with industry norms and shows no directional concern.

Frequently Asked Questions

What does the Debt-to-Equity Ratio tell investors about PWR?

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.

How is the Debt-to-Equity Ratio calculated?

Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.

How does PWR's Debt-to-Equity Ratio compare to its sector?

PWR's Debt-to-Equity Ratio of 0.63x compares to a Industrials sector median of 0.62x, placing it in the 52th percentile.

Who are PWR's closest peers by Debt-to-Equity Ratio?

The closest Industrials peers by Debt-to-Equity Ratio include: ADP (0.63x), ROP (0.61x), RTX (0.56x), CHRW (0.79x), JOBY (0.36x).

📚

Learn More About Debt-to-Equity Ratio

How to Spot a Debt Problem Before It Hits the Stock Price

Learn how to spot a debt problem in stocks using D/E, interest coverage, and net debt/EBITDA ratios. Real examples from META and MSFT, plus danger thresholds you need to know.

Debt/Equity Ratio: How Much Debt Is Too Much?

The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.

The Formula

Total Debt / Shareholders' Equity

Why It Matters

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.