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Side-by-side financial comparison of Quanta Services (PWR) and Universal Health Services (UHS). Click either name above to swap in a different company.

Quanta Services is the larger business by last-quarter revenue ($7.8B vs $4.5B, roughly 1.7× Universal Health Services). Universal Health Services runs the higher net margin — 8.0% vs 4.0%, a 3.9% gap on every dollar of revenue. On growth, Quanta Services posted the faster year-over-year revenue change (19.7% vs 8.2%). Over the past eight quarters, Quanta Services's revenue compounded faster (24.8% CAGR vs 7.3%).

Quanta Services is a U.S. corporation that provides infrastructure services for the electric power, pipeline, industrial and communications industries. Its capabilities include planning, design, installation, program management, maintenance and repair of most types of network infrastructure. The company has grown organically since its founding, but it has also acquired over 150 companies in the electrical contracting industry.

Universal Health Services, Inc. (UHS) is an American Fortune 500 company that provides hospital and healthcare services, based in King of Prussia, Pennsylvania. In 2024, UHS reported total revenues of $15.8 billion.

PWR vs UHS — Head-to-Head

Bigger by revenue
PWR
PWR
1.7× larger
PWR
$7.8B
$4.5B
UHS
Growing faster (revenue YoY)
PWR
PWR
+11.5% gap
PWR
19.7%
8.2%
UHS
Higher net margin
UHS
UHS
3.9% more per $
UHS
8.0%
4.0%
PWR
Faster 2-yr revenue CAGR
PWR
PWR
Annualised
PWR
24.8%
7.3%
UHS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PWR
PWR
UHS
UHS
Revenue
$7.8B
$4.5B
Net Profit
$316.6M
$358.7M
Gross Margin
15.5%
Operating Margin
6.2%
11.2%
Net Margin
4.0%
8.0%
Revenue YoY
19.7%
8.2%
Net Profit YoY
2.0%
11.5%
EPS (diluted)
$2.08
$5.65

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PWR
PWR
UHS
UHS
Q1 26
$4.5B
Q4 25
$7.8B
$4.5B
Q3 25
$7.6B
$4.5B
Q2 25
$6.8B
$4.3B
Q1 25
$6.2B
$4.1B
Q4 24
$6.6B
$4.1B
Q3 24
$6.5B
$4.0B
Q2 24
$5.6B
$3.9B
Net Profit
PWR
PWR
UHS
UHS
Q1 26
$358.7M
Q4 25
$316.6M
$445.9M
Q3 25
$339.4M
$373.0M
Q2 25
$229.3M
$353.2M
Q1 25
$144.3M
$316.7M
Q4 24
$310.3M
$332.4M
Q3 24
$293.2M
$258.7M
Q2 24
$188.2M
$289.2M
Gross Margin
PWR
PWR
UHS
UHS
Q1 26
Q4 25
15.5%
Q3 25
15.9%
Q2 25
14.9%
Q1 25
13.4%
Q4 24
16.2%
Q3 24
15.6%
Q2 24
14.5%
Operating Margin
PWR
PWR
UHS
UHS
Q1 26
11.2%
Q4 25
6.2%
11.5%
Q3 25
6.8%
11.6%
Q2 25
5.5%
11.7%
Q1 25
3.8%
11.1%
Q4 24
6.9%
11.5%
Q3 24
6.6%
9.7%
Q2 24
5.5%
11.2%
Net Margin
PWR
PWR
UHS
UHS
Q1 26
8.0%
Q4 25
4.0%
9.9%
Q3 25
4.4%
8.3%
Q2 25
3.4%
8.2%
Q1 25
2.3%
7.7%
Q4 24
4.7%
8.1%
Q3 24
4.5%
6.5%
Q2 24
3.4%
7.4%
EPS (diluted)
PWR
PWR
UHS
UHS
Q1 26
$5.65
Q4 25
$2.08
$7.01
Q3 25
$2.24
$5.86
Q2 25
$1.52
$5.43
Q1 25
$0.96
$4.80
Q4 24
$2.03
$4.94
Q3 24
$1.95
$3.80
Q2 24
$1.26
$4.26

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PWR
PWR
UHS
UHS
Cash + ST InvestmentsLiquidity on hand
$439.5M
$119.0M
Total DebtLower is stronger
$5.2B
$4.7B
Stockholders' EquityBook value
$8.9B
$7.5B
Total Assets
$24.9B
$15.7B
Debt / EquityLower = less leverage
0.59×
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PWR
PWR
UHS
UHS
Q1 26
$119.0M
Q4 25
$439.5M
$137.8M
Q3 25
$610.4M
$112.9M
Q2 25
$509.5M
$137.6M
Q1 25
$520.6M
$126.8M
Q4 24
$742.0M
$126.0M
Q3 24
$764.1M
$106.1M
Q2 24
$518.1M
$128.8M
Total Debt
PWR
PWR
UHS
UHS
Q1 26
$4.7B
Q4 25
$5.2B
$4.8B
Q3 25
$5.5B
$4.7B
Q2 25
$4.7B
$4.6B
Q1 25
$4.4B
$4.6B
Q4 24
$4.1B
$4.5B
Q3 24
$4.1B
$4.7B
Q2 24
$3.0B
$4.5B
Stockholders' Equity
PWR
PWR
UHS
UHS
Q1 26
$7.5B
Q4 25
$8.9B
$7.3B
Q3 25
$8.4B
$7.2B
Q2 25
$7.9B
$7.0B
Q1 25
$7.5B
$6.8B
Q4 24
$7.3B
$6.7B
Q3 24
$7.1B
$6.6B
Q2 24
$6.6B
$6.5B
Total Assets
PWR
PWR
UHS
UHS
Q1 26
$15.7B
Q4 25
$24.9B
$15.5B
Q3 25
$22.7B
$15.3B
Q2 25
$19.9B
$15.0B
Q1 25
$19.1B
$14.9B
Q4 24
$18.7B
$14.5B
Q3 24
$18.9B
$14.4B
Q2 24
$15.9B
$14.1B
Debt / Equity
PWR
PWR
UHS
UHS
Q1 26
0.63×
Q4 25
0.59×
0.65×
Q3 25
0.66×
0.66×
Q2 25
0.59×
0.65×
Q1 25
0.58×
0.68×
Q4 24
0.56×
0.68×
Q3 24
0.58×
0.71×
Q2 24
0.45×
0.69×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PWR
PWR
UHS
UHS
Operating Cash FlowLast quarter
$1.1B
$401.6M
Free Cash FlowOCF − Capex
$934.0M
FCF MarginFCF / Revenue
11.9%
Capex IntensityCapex / Revenue
2.5%
4.8%
Cash ConversionOCF / Net Profit
3.56×
1.12×
TTM Free Cash FlowTrailing 4 quarters
$1.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PWR
PWR
UHS
UHS
Q1 26
$401.6M
Q4 25
$1.1B
$574.7M
Q3 25
$563.5M
$380.7M
Q2 25
$295.7M
$549.0M
Q1 25
$243.2M
$360.0M
Q4 24
$712.0M
$658.4M
Q3 24
$739.9M
$333.0M
Q2 24
$391.3M
$679.3M
Free Cash Flow
PWR
PWR
UHS
UHS
Q1 26
Q4 25
$934.0M
$293.5M
Q3 25
$421.0M
$151.8M
Q2 25
$155.4M
$283.0M
Q1 25
$110.4M
$121.0M
Q4 24
$565.0M
$412.5M
Q3 24
$527.4M
$85.0M
Q2 24
$229.9M
$437.9M
FCF Margin
PWR
PWR
UHS
UHS
Q1 26
Q4 25
11.9%
6.5%
Q3 25
5.5%
3.4%
Q2 25
2.3%
6.6%
Q1 25
1.8%
3.0%
Q4 24
8.6%
10.0%
Q3 24
8.1%
2.1%
Q2 24
4.1%
11.2%
Capex Intensity
PWR
PWR
UHS
UHS
Q1 26
4.8%
Q4 25
2.5%
6.3%
Q3 25
1.9%
5.1%
Q2 25
2.1%
6.2%
Q1 25
2.1%
5.8%
Q4 24
2.2%
6.0%
Q3 24
3.3%
6.3%
Q2 24
2.9%
6.2%
Cash Conversion
PWR
PWR
UHS
UHS
Q1 26
1.12×
Q4 25
3.56×
1.29×
Q3 25
1.66×
1.02×
Q2 25
1.29×
1.55×
Q1 25
1.69×
1.14×
Q4 24
2.29×
1.98×
Q3 24
2.52×
1.29×
Q2 24
2.08×
2.35×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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