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Company Directory - Quanta Services, Inc.

Company Details - Quanta Services, Inc.

Quanta Services, Inc. Logo

Quanta Services, Inc.

Website

Houston, United States

NYSE: PWR 

Quanta Services, Inc. is a leading provider of specialized infrastructure services for the utility and energy sectors. The company offers a comprehensive range of services related to the design, installation, and maintenance of pipeline, electric, and communications infrastructure. Quanta Services operates through various subsidiaries and focuses on providing high-quality solutions across North America.

CCI Score

CCI Score: Quanta Services, Inc.

-26.92

Latest Event

Quanta Services Lobbying Disclosure Q1 2025

Quanta Services disclosed that it spent $30,000 on lobbying activities in Q1 2025, addressing issues including general aerial firefighting concerns with the USFS and energy infrastructure policy debates. This filing raises concerns about the influence of corporate interests in shaping public policy.

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ACCOMPLICE

Quanta Services, Inc. is currently rated as an Accomplice.

-20 to -29 CCI Score
These companies profit from authoritarian practices through their business dealings. Although they may not be directly enforcing oppressive policies, their actions contribute to the economic and operational sustenance of authoritarian regimes.

Latest Events

  • Quanta Services Lobbying Disclosure Q1 2025 Logo
    MAY
    09
    2025

    Quanta Services disclosed that it spent $30,000 on lobbying activities in Q1 2025, addressing issues including general aerial firefighting concerns with the USFS and energy infrastructure policy debates. This filing raises concerns about the influence of corporate interests in shaping public policy.

  • -40

    Political Contributions and Lobbying Efforts

    May 31

    The $30,000 lobbying disclosure indicates Quanta Services’ engagement in influencing legislative priorities, particularly regarding aerial firefighting and energy-related issues. From an anti-fascist perspective, such corporate lobbying can be seen as a means to secure regulatory advantages that may undermine democratic oversight and worker rights, hence the negative score.

    Lobbying Update: $30,000 of QUANTA SERVICES INC. lobbying was just disclosed

  • NLRB Complaint Filed Against Quanta Services Logo
    APR
    21
    2025

    The NLRB docket lists multiple filings, including a complaint and subsequent amended charges against Quanta Services Inc. d/b/a William E. Groves Construction, LLC. The documents, dated as recently as 04/21/2025, detail allegations of interference with employee rights under the NLRA, highlighting potential violations of established labor standards.

  • -60

    Labor Relations and Human Rights Practices

    May 31

    The docket activity reveals that Quanta Services, operating as William E. Groves Construction, LLC, is facing multiple charges from the NLRB related to alleged interference with employee rights. This suggests problematic labor practices and failure to uphold worker rights protections, which is a significant negative indicator from an anti-fascist perspective focused on the protection of labor rights.

    Quanta Services Inc. d/b/a William E. Groves Construction, LLC

  • Quanta Services PAC Contributions to Federal Candidates Logo
    FEB
    06
    2025

    Quanta Services PAC contributed a total of $84,400 to federal candidates during the 2023-2024 election cycle, with $48,400 (57.35%) going to Republicans and $36,000 (42.65%) to Democrats, as detailed by FEC data released on February 06, 2025.

  • -30

    Political Contributions and Lobbying Efforts

    May 31

    The PAC contributions reveal a tilt towards supporting Republican candidates, which in the current political climate can be associated with backing policies that may enhance authoritarian tendencies. Allocating a higher proportion of contributions to Republicans raises concerns about corporate alignment with far-right political agendas.

    Quanta Services PAC Contributions to Federal Candidates

  • Quanta Services Releases 2023 Sustainability Report Logo
    SEP
    30
    2024

    Quanta Services announced the release of its 2023 Sustainability Report 'Forging the Future', which outlines ambitious climate targets including renewable energy capacity expansion and carbon intensity reductions, along with a commitment to employee and community well-being.

  • +60

    Business Practices and Ethical Responsibility

    May 31

    The sustainability report demonstrates a commitment to environmental and social responsibility by setting clear climate-related goals and emphasizing positive impacts on communities and employees. These progressive actions align with ethical business practices and advance a sustainable, inclusive future.

    Quanta Services Releases 2023 Sustainability Report - PR Newswire

  • Judge Upholds 401(k) Lawsuit Against Quanta Services Logo
    OCT
    03
    2023

    A federal judge in Houston denied Quanta Services' motion to dismiss a lawsuit filed by former employees, who allege that the company’s 401(k) plan offered high-cost, underperforming investment options, potentially violating ERISA. The decision allows the legal process to continue, highlighting concerns over the company’s stewardship of employee retirement funds.

  • -50

    Labor Relations and Human Rights Practices

    May 31

    Quanta Services' attempt to dismiss a lawsuit concerning its 401(k) plan—accused of offering high-cost, poorly performing investment options—raises serious concerns about its commitment to protecting employee financial interests and retirement security. Such actions reflect a disregard for labor rights and cast doubts on the firm's ethical business practices.

    Judge denies Quanta Services' request to toss 401(k) suit

  • Ex-Quanta Workers File Class Action Over 401(k) Fund Choices Logo
    SEP
    29
    2023

    Former Quanta Services employees have advanced a class action lawsuit alleging that the company inappropriately selected risky target date funds as the default investment option in its retirement plan. The lawsuit, which was allowed to proceed by a judge in the Southern District of Texas on September 29, 2023, raises concerns over the company's management of employee benefits.

  • -40

    Labor Relations and Human Rights Practices

    May 31

    The class action lawsuit highlights issues in the company’s treatment of employee retirement benefits. By allegedly choosing inappropriate and high-risk default investment funds, Quanta Services appears to have neglected its duty to safeguard the financial well-being of its workers. This action undermines labor rights and raises serious concerns about ethical business practices.

    Ex-Quanta Workers Advance Lawsuit Over Fidelity 401(k) Funds

  • Quanta Services Lobbying Expenditure in 2023 Logo
    MAR
    31
    2023

    Quanta Services, Inc. spent $340,000 on lobbying activities during 2023, as reported by OpenSecrets based on Senate Office of Public Records data downloaded on May 14, 2025.

  • -50

    Political Contributions and Lobbying Efforts

    May 31

    The reported $340,000 lobbying expenditure in 2023 reflects a commitment to influencing political processes that can favor corporate interests over democratic accountability. From an anti-fascist perspective, such lobbying efforts may help reinforce oligarchic and authoritarian structures, thereby earning a negative score.

    Quanta Services Lobbying Profile

Corporate Financials

Revenue
2024
$3.60B
Total Assets
2024
$5.00B
Operating Income
2024
$300.00M
Total Equity
2024
$1.50B

Employees: 8,000

Industries

237130
Power and Communication Line and Related Structures Construction
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Electrical Contractors and Other Wiring Installation Contractors
561210
Facilities Support Services