NYSE · Financial Statements

Primoris Services Corporation (PRIM) Financial Statements

$65.03 NYSE: PRIM Market Cap $3.53B

Primoris Services Corporation most recently reported annual revenue of $7.6B, net profit of $275.0M. Revenue grew at an average annual rate of 16.8% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.

Primoris Services Corporation: Revenue rose from $2.0B in 2016 to $7.6B in 2025, a change of +279.3% over 9 years; net profit was positive in all 10 reported years; operating margin moved from 2.9% to 5.5%, a shift of +2.6 percentage points; the most recent year shows net profit of $275.0M.

Income Statement — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Revenue$2.0B$2.4B$2.9B$3.1B$3.5B$3.5B$4.4B$5.7B$6.4B$7.6B
Operating Expenses$1.9B$2.3B$2.8B$3.0B$3.3B$3.3B$4.2B$5.5B$6.0B$7.2B
Operating Profit$58.0M$106.0M$130.0M$141.0M$164.0M$170.0M$195.0M$253.0M$317.0M$414.0M
Operating Margin2.9%4.5%4.4%4.5%4.7%4.9%4.4%4.4%5.0%5.5%
Other Income$-9.0M$-1.0M$-17.0M$-23.0M$-18.0M$-18.0M$-36.0M$-75.0M$-63.0M$-30.0M
Interest$9.0M$8.0M$19.0M$19.0M$14.0M$18.0M$39.0M$78.0M$65.0M$29.0M
Depreciation$68.0M$66.0M$79.0M$85.0M$82.0M$106.0M$99.0M$107.0M$96.0M$92.0M
Profit Before Tax$49.0M$105.0M$113.0M$118.0M$146.0M$152.0M$159.0M$178.0M$255.0M$384.0M
Tax$43.3M$27.0M$22.7M$28.7M$27.9M$23.8M$16.5M$29.0M$29.0M$28.4M
Net Profit$27.0M$72.0M$77.0M$82.0M$105.0M$116.0M$133.0M$126.0M$181.0M$275.0M
EPS$0.51$1.40$1.50$1.61$2.16$2.17$2.47$2.33$3.31$5.02
Dividend Payout0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

Quarterly Results — Last 12 Quarters (USD millions)

8 duplicate period labels in the source data were collapsed.

MetricSep '23Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26
Revenue$1.5B$1.5B$1.4B$1.6B$1.6B$1.7B$1.6B$1.9B$2.2B$1.9B$1.6B$1.7B
Operating Expenses$1.4B$1.4B$1.4B$1.5B$1.6B$1.7B$1.6B$1.8B$2.0B$1.8B$1.5B$1.7B
Operating Profit$88.0M$75.0M$44.0M$86.0M$100.0M$88.0M$70.0M$127.0M$138.0M$78.0M$29.0M$-27.0M
Operating Margin5.8%4.9%3.1%5.5%6.0%5.0%4.3%6.7%6.3%4.2%1.9%-1.6%
Interest$21.0M$22.0M$18.0M$17.0M$18.0M$12.0M$8.0M$8.0M$7.0M$6.0M$5.0M$11.0M
Profit Before Tax$68.0M$53.0M$27.0M$70.0M$82.0M$76.0M$62.0M$119.0M$131.0M$72.0M$20.0M$-37.0M
Tax$29.0M$29.0M$29.0M$29.0M$29.0M$29.1M$29.0M$29.0M$27.8M$28.1M$12.6M$33.9M
Net Profit$48.0M$38.0M$19.0M$50.0M$58.0M$54.0M$44.0M$84.0M$95.0M$52.0M$17.0M$-24.0M
EPS$0.89$0.69$0.35$0.91$1.07$0.99$0.81$1.54$1.73$0.94$0.32$-0.45

Over the 10 years reported for Primoris Services Corporation, borrowings increased from $262.0M in 2016 to $1.3B in 2025, cash stood at $541.0M in the latest year, shareholders' equity was $0, current assets covered current liabilities 1.26 times.

Balance Sheet — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Total Assets$1.2B$1.3B$1.6B$1.8B$2.0B$2.5B$3.5B$3.8B$4.2B$4.4B
Current Assets$731.0M$743.0M$924.0M$913.0M$1.1B$1.2B$1.7B$1.9B$2.2B$2.3B
Cash$136.0M$170.0M$151.0M$120.0M$327.0M$201.0M$249.0M$218.0M$456.0M$541.0M
Inventory$49.0M$41.0M$0$0$0$15.0M$22.0M$0$49.0M$56.0M
Receivables$527.0M$518.0M$711.0M$750.0M$758.0M$880.0M$663.0M$1.5B$1.6B$1.6B
Fixed Assets$277.0M$312.0M$376.0M$618.0M$564.0M$592.0M$697.0M$836.0M$949.0M$1.0B
Capital Work in Progress$0$0$0$0$0$0$0$0$0$0
Investments$0$0$0$0$0$0$0$2.0M$0$0
Other Assets$127.0M$153.0M$206.0M$215.0M$215.0M$582.0M$872.0M$858.0M$857.0M$857.0M
Total Liabilities$672.0M$694.0M$987.0M$1.2B$1.3B$1.6B$2.4B$2.6B$2.8B$2.7B
Current Liabilities$450.0M$481.0M$622.0M$670.0M$764.0M$759.0M$1.1B$1.3B$1.7B$1.8B
Borrowings$262.0M$259.0M$368.0M$597.0M$528.0M$821.0M$1.3B$1.3B$1.2B$1.3B
Other Liabilities$410.0M$434.0M$619.0M$604.0M$727.0M$732.0M$1.1B$1.3B$1.6B$1.4B
Equity$0$0$0$0$0$0$0$0$0$0
Reserves$497.0M$556.0M$604.0M$629.0M$715.0M$990.0M$1.1B$1.2B$1.4B$1.7B

For Primoris Services Corporation, operating cash flow was positive in 10 of 10 reported years; free cash flow in the latest year was $341.0M; free cash flow was positive in 8 of 10 years.

Cash Flow Statement — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Operating Cash Flow$63.0M$189.0M$127.0M$119.0M$312.0M$80.0M$83.0M$199.0M$508.0M$470.0M
Investing Cash Flow$-117.0M$-211.0M$-319.0M$-160.0M$-107.0M$-825.0M$-577.0M$-133.0M$-154.0M$-224.0M
Financing Cash Flow$-4.0M$-5.0M$-35.0M$-56.0M$-17.0M$-28.0M$-12.0M$-6.0M$-7.0M$50.0M
Net Cash Flow$-25.0M$35.0M$-19.0M$-30.0M$206.0M$-125.0M$53.0M$-35.0M$238.0M$80.0M
Free Cash Flow$5.0M$109.0M$17.0M$24.0M$248.0M$-54.0M$-11.0M$96.0M$382.0M$341.0M

Valuation & Return Ratios

MetricValue
PEG Ratio-0.72
EV / EBITDA16.91
FCF Yield2.05%
Quick Ratio1.18
Interest Coverage11.25
Return 1Y-38.67%
Return 3Y112.04%
Return 5Y211.04%

Primoris Services Corporation (PRIM) financials — frequently asked questions

What is Primoris Services Corporation's annual revenue?

Primoris Services Corporation (PRIM) reported annual revenue of $7.6B in its most recent fiscal year.

What is Primoris Services Corporation's net profit?

Primoris Services Corporation (PRIM) reported net profit of $275.0M in its most recent fiscal year.

What is PRIM EV/EBITDA?

Primoris Services Corporation's enterprise value to EBITDA (EV/EBITDA) ratio is 16.91.

Popular Stocks

Apple (AAPL)Microsoft (MSFT)NVIDIA (NVDA)Alphabet (GOOGL)Amazon (AMZN)Meta (META)Tesla (TSLA)Broadcom (AVGO)Eli Lilly (LLY)JPMorgan (JPM)

Related stock screens

High ROE Industrials StocksLow P/E Industrials StocksHigh Net Margin Industrials StocksDividend Industrials StocksLow Debt Industrials StocksHigh ROE StocksLow P/E StocksHigh Net Margin StocksDividend StocksLow Debt StocksNYSE High ROE StocksAll stock screens
PRIM Overview PRIM Dividend Run Stock Screener

Data for information only, not investment advice. Figures may be delayed or inaccurate; verify against company filings. See our disclaimer.