Quanta Tax Provision from 2010 to 2024

PWR Stock  USD 261.66  6.47  2.54%   
Quanta Services Tax Provision yearly trend continues to be relatively stable with very little volatility. Tax Provision is likely to drop to about 149.7 M. Tax Provision is the amount set aside by Quanta Services to cover any estimated taxes for the current period. It reflects Quanta Services' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
77.5 M
Current Value
75.8 M
Quarterly Volatility
27.2 M
 
Covid
Check Quanta Services financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quanta main balance sheet or income statement drivers, such as Depreciation And Amortization of 644.5 M, Interest Expense of 196.3 M or Selling General Administrative of 1.6 B, as well as many exotic indicators such as Price To Sales Ratio of 1.16, Dividend Yield of 0.0027 or PTB Ratio of 3.19. Quanta financial statements analysis is a perfect complement when working with Quanta Services Valuation or Volatility modules.
  
This module can also supplement Quanta Services' financial leverage analysis and stock options assessment as well as various Quanta Services Technical models . Check out the analysis of Quanta Services Correlation against competitors.
To learn how to invest in Quanta Stock, please use our How to Invest in Quanta Services guide.

Latest Quanta Services' Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Quanta Services over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Quanta Services' Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Quanta Services' overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Quanta Tax Provision Regression Statistics

Arithmetic Mean124,134,476
Geometric Mean115,294,729
Coefficient Of Variation36.75
Mean Deviation36,028,437
Median107,246,000
Standard Deviation45,621,445
Sample Variance2081.3T
Range179.5M
R-Value0.68
Mean Square Error1213.1T
R-Squared0.46
Significance0.01
Slope6,909,803
Total Sum of Squares29138.4T

Quanta Tax Provision History

2024149.7 M
2023215 M
2022192.2 M
2021130.9 M
2020119.4 M
2019165.5 M
2018161.7 M

About Quanta Services Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Quanta Services income statement, its balance sheet, and the statement of cash flows. Quanta Services investors use historical funamental indicators, such as Quanta Services's Tax Provision, to determine how well the company is positioned to perform in the future. Although Quanta Services investors may use each financial statement separately, they are all related. The changes in Quanta Services's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Quanta Services's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Quanta Services Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Quanta Services. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision215 M149.7 M

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When determining whether Quanta Services is a strong investment it is important to analyze Quanta Services' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Quanta Services' future performance. For an informed investment choice regarding Quanta Stock, refer to the following important reports:
Check out the analysis of Quanta Services Correlation against competitors.
To learn how to invest in Quanta Stock, please use our How to Invest in Quanta Services guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running Quanta Services' price analysis, check to measure Quanta Services' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Quanta Services is operating at the current time. Most of Quanta Services' value examination focuses on studying past and present price action to predict the probability of Quanta Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quanta Services' price. Additionally, you may evaluate how the addition of Quanta Services to your portfolios can decrease your overall portfolio volatility.
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Is Quanta Services' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Quanta Services. If investors know Quanta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Quanta Services listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.281
Dividend Share
0.33
Earnings Share
5
Revenue Per Share
143.795
Quarterly Revenue Growth
0.31
The market value of Quanta Services is measured differently than its book value, which is the value of Quanta that is recorded on the company's balance sheet. Investors also form their own opinion of Quanta Services' value that differs from its market value or its book value, called intrinsic value, which is Quanta Services' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Quanta Services' market value can be influenced by many factors that don't directly affect Quanta Services' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Quanta Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Quanta Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quanta Services' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.