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Industrials & Aerospace

Quanta Services Executive Compensation (FY25)

PWR · Houston, TX · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Earl Austin
Latest say-on-pay support
=
May 21, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of November 5, 2026Latest filing (8-K): May 27, 2026
17 filings cited on this page
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288 figures on this page: 277 cited to the filing that reported them, 11 calculated from figures it prints. See the citations

More on Quanta Services

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Earl Austin: $15,626,189 → $15,699,684 (0.5% higher)
Say-on-pay support: 93.4% → 94.1% (0.7 points higher)
CEO pay ratio: 135:1 → 154:1 (14.1% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Quanta Services' chief executive and what were they paid?
Earl Austin was paid $15,699,684 in total compensation as President and Chief Executive Officer for fiscal 2025. Austin's total moved 0.5% higher from the $15,626,189 reported for fiscal 2024.
What was Quanta Services' say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 94.1% of votes cast for or against in favor at the meeting held May 21, 2026.
Which companies are in Quanta Services' peer group?
The disclosed peer group includes Builders FirstSource, Inc., Corning Incorporated, Cummins, Inc., Eaton Corporation and EMCOR Group, Inc., among others.
What is Quanta Services' chief executive pay ratio?
The company reported a chief executive pay ratio of 154:1 for fiscal 2025, against median employee compensation of $102,192.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Earl C. Austin, Jr.
President and Chief Executive Officer
◇—◇—◇—◇— not reconciled
Paul C. Gregory
Chief Strategy Officer
◇—◇—◇—◇◇
J. Redgie Probst
Chief Operating Officer
◇—◇—◇—◇◇
Derrick Jensen
Executive Vice President Business Operations
◇—◇—◇—◇◇
Jayshree Desai
Chief Financial Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Earl C. Austin, Jr.
President and Chief Executive Officer
◇—◇—◇—◇◇
J. Redgie Probst
Chief Operating Officer
◇—◇—◇—◇◇
Jayshree Desai
Chief Financial Officer
◇—◇—◇—◇◇
Paul C. Gregory
Former Chief Strategy Officer
Departed during or after this year
◇—◇———◇◇
Derrick Jensen
Executive Vice President Business Administration
◇—◇—◇—◇◇
Gerald A. Ducey, Jr.
President Strategic Operations
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Earl Austin
President & Chief Executive Officer
◇—◇—◇—◇◇
Redgie Probst
Chief Operating Officer
◇—◇—◇—◇◇
Jayshree Desai
Chief Financial Officer
◇—◇—◇—◇◇
Karl Studer
President – Electric Power
◇—◇—◇—◇◇
Derrick Jensen
Executive Vice President – Business Administration
◇—◇—◇—◇◇
Gerald Ducey
President – Strategic Operations
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Earl Austin
President and Chief Executive Officer
◇—◇—◇—◇◇
Jayshree Desai
Chief Financial Officer
◇—◇—◇—◇◇
Karl Studer
President – Electric Power
◇—◇—◇—◇◇
Gerald Ducey
President – Strategic Operations
◇—◇—◇—◇◇
Donald Wayne
Executive Vice President and General Counsel
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Donald C. WayneRSU◇——◇——◇
Donald C. WaynePSU◇—◇—◇—◇
Elyse AustinPSU◇—◇—◇—◇
Elyse AustinRSU◇——◇——◇
Gerald DuceyPSU◇—◇—◇—◇
Gerald DuceyRSU◇——◇——◇
Jayshree S. DesaiPSU◇—◇—◇—◇
Jayshree S. DesaiRSU◇——◇——◇
Karl W. StuderRSU◇——◇——◇
Karl W. StuderPSU◇—◇—◇—◇
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Earl AustinPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Jayshree DesaiPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Karl StuderPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Gerald DuceyPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Donald WaynePSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Donald Wayne
Executive Vice President and General Counsel · Terms as described in the company’s compensation discussion
Benefits continuation on change in control◇
Benefits continuation◇
Jayshree Desai
Chief Financial Officer · Employment agreement
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Doyle N. Beneby
Board chair
◇◇————◇
Worthing F. Jackman
◇◇————◇
Warner L. Baxter
◇◇————◇
R. Scott Rowe
◇◇————◇
Holli C. Ladhani
◇◇————◇
Martha B. Wyrsch
◇◇————◇
Jo-ann M. dePass Olsovsky
◇◇————◇
Bernard Fried
◇◇————◇
Raúl J. Valentín
◇◇————◇
Earl C. (Duke) Austin Jr, Joseph Kim and Vincent D. Foster served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Board meeting fee◇
Committee meeting fee◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Builders FirstSource, Inc. BLDR
  • Corning Incorporated GLW
  • Cummins, Inc. CMI
  • Eaton Corporation ETN
  • EMCOR Group, Inc. EME
  • Emerson Electric Co. EMR
  • Fluor Corporation FLR
  • GE Vernova Inc. GEV
  • Illinois Tool Works Inc. ITW
  • Jacobs Solutions Inc. J
  • Johnson Controls International PLC JCI
  • L3Harris Technologies, Inc. LHX
  • Leidos Holdings, Inc. LDOS
  • MasTec, Inc. MTZ
  • PACCAR Inc. PCAR
  • Parker-Hannifin Corporation PH
  • Textron Inc TXT

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 21, 2026=◇◇◇
2024May 22, 2025=◇◇◇
2023May 24, 2024=◇◇◇
2022May 23, 2023=◇◇◇
2021May 27, 2022=◇◇◇
2020May 27, 2021=◇◇◇
2019May 28, 2020=◇◇◇
2018May 23, 2019=◇◇◇
2017May 24, 2018=◇◇◇
2016May 24, 2017=◇◇◇
2015May 26, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Earl Austin (President and Chief Executive Officer), FY2025 total compensation $15,699,684 (base salary $1,406,250) [exec_comp, SEC accession 0001193125-26-150293, filed 2026-04-10]

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What this page does not include

Everything above is a fact Quanta Services disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Quanta Services sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
288 figures on this page: 277 cited to the filing that reported them, 11 calculated from figures it prints.
277 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001193125-26-241989
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001193125-26-150293
    2025 Summary Compensation Table · Director Compensation · Grants of Plan-Based Awards
  4. 0001193125-25-130598
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0001193125-25-078453
  6. 0001193125-24-151797
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0001193125-24-093877
    2023 Summary Compensation Table
  8. 0001193125-23-202254
    EX-10.11
  9. 0001193125-23-156591
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001193125-23-099832
    2022 Summary Compensation Table
  11. 0001193125-22-164013
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001193125-21-179954
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001193125-20-158581
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001193125-19-157174
    Item 5.07 Submission of Matters to a Vote of Security Holders
  15. 0001193125-18-178558
    Item 5.07 Submission of Matters to a Vote of Security Holders
  16. 0001193125-17-185772
    Item 5.07 Submission of Matters to a Vote of Security Holders
  17. 0001193125-16-610109
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Quanta Services executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/PWR (accessed 2026).
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The paid brief for Quanta Services

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$500 for the Executive Compensation Report. Both reports for $900.
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17 filings cited on this page
Method: intel.velarion.ai/methodology
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Published by Velarion Company Intelligence
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Industrials & Aerospace rankings

Chief executive pay — Industrials & AerospaceCEO pay ratio — Industrials & AerospaceSay-on-pay support — Industrials & Aerospace

Peers Quanta Services discloses

The companies named in PWR's own disclosed peer group.

Builders FirstSource, Inc.Corning IncorporatedCummins, Inc.Eaton CorporationEMCOR Group, Inc.Emerson Electric Co.Fluor CorporationGE Vernova Inc.Illinois Tool Works Inc.Jacobs Solutions Inc.Johnson Controls International PLCL3Harris Technologies, Inc.Leidos Holdings, Inc.MasTec, Inc.PACCAR Inc.Parker-Hannifin CorporationTextron Inc

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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