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What is PWR's Provision For Income Taxes?

  Quanta Services Inc ( PWR ) |
1998 - 2021 (24 years)

Provision For Income Taxes is 
$122.2M (1Y -22.3% )

PWR Stock Price & Provision For Income Taxes

Provision For Income Taxes for PWR competitors.
MYRG PRIM MTZ EME DY FLR IESC
Note: Stonk = Stock. Both words are used interchangeably. 🙂

Historical (All-Time) Stats for Provision For Income Taxes

chevron_right 2021 0.0 -1.0x
( -100.0% / year avg)
chevron_left 1998 $7.4M
vertical_align_top Peak $212.7M +12.9x *
vertical_align_bottom Bottom -$17.9M
arrow_drop_up # Up Years 12 12 of 24
years up.
arrow_drop_down # Down Years 12
Up Years = Positive (0%+) YoY change
Down Years = Zero or Negative (0% or less) YoY change

Key Points (Stonk Price Comparison)

  • PWR's stock price has rallied +558% from $7.89 in 1998 , or -4.59x faster than it's provision for income taxes over the same period.
  • If PWR shrinks it's stock at the same rate as it's provision for income taxes (-100.0%/year) , it's stock price will shrink 0% and hit $0.0 over the next 10 years.
  • PWR's stock price has gone up 9 of the 12 years (+75%) it's provision for income taxes were also up.
* A modified method (see: here) is used to calculate changes that involve negative numbers.
  • PWR Historical Provision For Income Taxes Table
    in $ million
    * A modified method (see: here) is used to calculate changes that involve negative numbers.
    Year Provision For Income Taxes YoY % Change* Stock Price YoY % Change (Stock Price)
    4/1/2021 $0 -100.0% $51.97 0.0%
    4/1/2020 $145 -31.1% $51.97 25.3%
    4/1/2019 $210 903.6% $41.47 19.2%
    4/1/2018 $21 -83.8% $34.8 -7.4%
    4/1/2017 $129 22.9% $37.58 12.4%
    4/1/2016 $105 -21.5% $33.43 52.9%
    4/1/2015 $134 -36.8% $21.86 -27.7%
    4/1/2014 $212 25.0% $30.24 3.0%
    4/1/2013 $170 24.3% $29.36 14.5%
    4/1/2012 $136 93.7% $25.64 25.6%
    4/1/2011 $70 -26.0% $20.41 16.9%
    4/1/2010 $95 26.8% $17.46 -6.1%
    4/1/2009 $75 -27.9% $18.59 15.3%
    4/1/2008 $104 240.2% $16.12 -40.6%
    4/1/2007 $30 -30.0% $27.15 49.4%
    4/1/2006 $43 331.2% $18.17 29.5%
    4/1/2005 $10 -160.2% $14.03 83.5%
    4/1/2004 $-16 9.6% $7.64 0.8%
    4/1/2003 $-15 -14.1% $7.58 107.9%
    4/1/2002 $-17 -128.7% $3.65 -79.5%
    4/1/2001 $62 -31.1% $17.84 -63.3%
    4/1/2000 $90 177.2% $48.58 67.0%
    4/1/1999 $32 341.9% $29.08 245.1%
    4/1/1998 $7 - $8.43 -

  • About
    Industry: Engineering & Construction
    Sector: Industrials
    Country: US
    IPO Date: 2/12/1998
    Stonk Exchange: NYSE
    • Quanta Services, Inc
    • engages in the provision of specialty contracting services, offering infrastructure solutions to the electric power, oil and gas, and communication industries.
    • The company is headquartered in Houston, Texas and currently employs 8,400 full-time employees.
    • The firm operates through two segments: Electric Power Infrastructure Services, which provides network solutions to customers in the electric power industry, and Oil and Gas Infrastructure Services, which provides network solutions to customers involved in the development and transportation of natural gas, oil and other pipeline products.
    • The services it provides include the design, installation, upgrade, repair and maintenance of infrastructure within each of the industries it serves, such as electric power transmission and distribution networks, substation facilities, renewable energy facilities, pipeline transmission and distribution systems and facilities, and infrastructure services for the offshore and inland water energy markets.

  • A provision for income taxes is the estimated amount that a business or individual taxpayer expects to pay in income taxes for the current year. The amount of this provision is derived by adjusting the firm's reported net income with a variety of permanent differences and temporary differences.

    For more detailed definitions, please see Investopedia.