Quanta Services, Inc. (PWR, Financial) has announced the adoption of its 2025 annual incentive plan, long-term incentive plan for senior leadership, and a discretionary plan for all employees. These plans, collectively referred to as the "Incentive Plan," were approved by the Compensation Committee of the Board of Directors on February 27, 2025.
The Incentive Plan is designed to reward certain employees, including all executive officers, with incentive compensation awards. These awards may be payable in cash, restricted stock units, and/or performance stock units. The Compensation Committee has set specific target incentive amounts for the executive officers to ensure alignment with the company's strategic goals.
Equity-based awards under the Incentive Plan will be issued pursuant to the Quanta Services, Inc. 2019 Omnibus Equity Incentive Plan, as amended, and the relevant award agreements. The plan also allows for other plans that may be approved by the Board or stockholders in the future.
The performance metrics for the 2025 annual incentives include EBITDA, EBITDA margin, and safety. For the long-term incentives, covering the period from January 1, 2025, to December 31, 2027, the metrics include return on invested capital, earnings per share, and total stockholder return.
These incentive plans are part of Quanta Services' strategy to drive performance and align the interests of its employees and executives with those of its shareholders. By focusing on key financial and operational metrics, Quanta aims to enhance its overall performance and shareholder value.
Should you invest in Quanta Services Inc (PWR, Financial) right now? Before you do it, it’s important to understand the business profitability and stock valuations, and find out what the warning signs are about. See the in-depth Quanta Services Inc (PWR) stock research here.
