Back to top

Image: Bigstock

If You Invested $1000 in Quanta Services a Decade Ago, This is How Much It'd Be Worth Now

Read MoreHide Full Article

For most investors, how much a stock's price changes over time is important. Not only can it impact your investment portfolio, but it can also help you compare investment results across sectors and industries.

Another factor that can influence investors is FOMO, or the fear of missing out, especially with tech giants and popular consumer-facing stocks.

What if you'd invested in Quanta Services (PWR - Free Report) ten years ago? It may not have been easy to hold on to PWR for all that time, but if you did, how much would your investment be worth today?

Quanta Services' Business In-Depth

With that in mind, let's take a look at Quanta Services' main business drivers.

Quanta Services, Inc. is a leading provider of specialty contracting and infrastructure solutions for the electric and gas utility, power generation, large load center, manufacturing, communications, pipeline and energy industries. Quanta has operations in the United States, Canada, Australia and other selected international markets.

Starting from the first quarter of 2025, Quanta reports results under two reportable segments: Electric Infrastructure Solutions and Underground Utility and Infrastructure Solutions. The move highlights efficient allocation of resources and better management of the strategies and comprehensive solutions for its growing and increasingly converging addressable markets.

Electric Infrastructure Solutions segment (accounting for 80.8% of total 2025 revenues): This segment is the amalgamation of the previously reported Electric Power Infrastructure Solutions and the Renewable Energy Infrastructure Solutions segments. This new segment indulges in comprehensive services for the electric power, renewable energy, technology and communications markets. A few of its core services include the design, procurement, new construction, upgrade and repair and maintenance services for electric power transmission and distribution infrastructure; solar and hydropower generation facilities and battery storage facilities; and installation of “smart grid” technologies on electric power networks.

Underground Utility and Infrastructure Solutions segment (19.2%): This segment provides solutions to customers involved in the transportation of natural gas, oil and other pipeline products. Services include design, installation, repair and maintenance of oil and gas transmission and distribution systems, and related trenching and directional boring services. Also, this segment provides pipeline protection services, high-pressure and critical-path turnaround services to the downstream and midstream energy markets. 

Bottom Line

Putting together a successful investment portfolio takes a combination of research, patience, and a little bit of risk. For Quanta Services, if you bought shares a decade ago, you're likely feeling really good about your investment today.

According to our calculations, a $1000 investment made in May 2016 would be worth $31,109.99, or a gain of 3,011.00%, as of May 21, 2026, and this return excludes dividends but includes price increases.

In comparison, the S&P 500's gained 262.17% and the price of gold went up 248.68% over the same time frame.

Analysts are forecasting more upside for PWR too.

Quanta reported first-quarter 2026 results, with earnings and revenues beating the Zacks Consensus Estimate by 31.4% and 12.6%, respectively. The bottom and top lines increased 50.6% and 26.3% year over year, reflecting solid execution across both operating segments. Results were supported by rising utility and large-load customer spending on grid, substation and generation infrastructure. The company's higher 2026 outlook signals improving momentum, aided by expanding programmatic awards that extend beyond shorter-cycle projects. Quanta ended the first quarter with a record backlog of $48.5 billion, up from $35.3 billion a year ago, including a 12-month backlog of $28.2 billion, up 45.4%, reinforcing strong multiyear revenue visibility. Despite execution and project-timing risks, Quanta shares have outperformed the industry year to date.

The stock has jumped 15.66% over the past four weeks. Additionally, no earnings estimate has gone lower in the past two months, compared to 8 higher, for fiscal 2026; the consensus estimate has moved up as well.

Zacks' 7 Best Strong Buy Stocks (New Research Report)

Valued at $99, click below to receive our just-released report predicting the 7 stocks that will soar highest in the coming month.

Click Here, It's Really Free

Published in