Quanta Services' Record Backlog and Strong Quarter: Implications for Investors
ByAinvest
Wednesday, Dec 3, 2025 1:22 pm ET1min read
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Quanta Services reported strong Q4 results, with double-digit growth in revenue, adjusted EBITDA, and adjusted EPS. The company's record $39.20 billion backlog is driven by accelerating demand in its Electric segment. The backlog and strong performance support the thesis of sustained Electric segment demand, with long-term agreements with American Electric Power being a key catalyst. However, potential project delays or cancellations remain a risk.
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