Quanta services reports fourth quarter and full-year 2024 results

Full-year 2025 guidance reflects double-digit growth in revenues, net income, adjusted ebitda and earnings per share ability to achieve record backlog in 2025 fourth quarter 2024 results include: consolidated revenues of $6.55 billion* gaap diluted eps of $2.03* and adjusted diluted eps of $2.94* net income attributable to common stock of $305.1 million* adjusted ebitda of $737.8 million* cash flow from operations of $712.0 million and free cash flow of $575.4 million year-end remaining performance obligations (rpo) of $16.76 billion* and total backlog of $34.54 billion* year-end renewable energy infrastructure solutions segment rpo and total backlog reach all-time highs* full-year 2024 results include: consolidated revenues of $23.67 billion* gaap diluted eps of $6.03* and adjusted diluted eps of $8.97* net income attributable to common stock of $904.8 million* adjusted ebitda of $2.33 billion* cash flow from operations of $2.08 billion* and free cash flow of $1.55 billion* * = record quarterly or record fourth quarter or full year result houston , feb. 20, 2025 /prnewswire/ -- quanta services, inc. (nyse: pwr) today announced results for the three and twelve months ended december 31, 2024. revenues in the fourth quarter of 2024 were $6.55 billion compared to revenues of $5.78 billion in the fourth quarter of 2023, and net income attributable to common stock was $305.1 million, or $2.03 per diluted share, in the fourth quarter of 2024 compared to net income attributable to common stock of $210.9 million, or $1.42 per diluted share, in the fourth quarter of 2023.
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