- Houston-based contractor Quanta Services reported close to $24 billion in revenues in 2024; its shares are currently trading at $274. In its latest annual financial report to investors, the infrastructure-services provider noted tariff and immigration policies could impact its business.
Quanta Services chief executive Earl “Duke” Austin, Jr. earned more in 2024 than he did a year earlier but took it on the chin when it came to his cash bonus.
Austin took home a bonus of about $1.6 million last year compared to more than $2 million each year during the prior two years. In 2024, Austin’s total compensation—including, cash salary and bonus, stock and perquisites—was valued at nearly $16 million, the latest proxy statement filed April 11 revealed. In the two years prior, his total compensation was valued at about $15 million and $12 million, respectively.
