Primoris Services Corporation

PRIM

NASDAQ

125.66

USD

-0.20(-0.16%)

As of today

Overview Financials Dividends Ratios Discussions Analysis

Primoris Services Corporation fundamentals

Overview Income Statement Balance Sheet Cash Flow

Key ratios

P/E Ratio

24.88

Price/Book

4.16

Debt/Equity

24.14%

Return on Equity

18.42%

Dividend Yield

0.25%

EBITDA

415.75M

Primoris Services Corporation, a specialty contractor company, provides a range of construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. It operates through three segments: Utilities, Energy/Renewables, and Pipeline Services. The Utilities segment offers installation and maintenance services for new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The Energy/Renewables segment provides a range of services, including engineering, procurement, and construction, as well as retrofits, highway and bridge construction, demolition, site work, soil stabilization, mass excavation, flood control, upgrades, repairs, outages, and maintenance services to renewable energy and energy storage, renewable fuels, petroleum, refining, and petrochemical industries, as well as state departments of transportation. The Pipeline Services segment offers a range of services comprising pipeline construction, maintenance, facility, and integrity services; installation of compressor and pump stations; and metering facilities for entities in the petroleum and petrochemical industries, as well as gas, water, and sewer utilities. The company was founded in 1960 and is headquartered in Dallas, Texas.

Statements Highlights

AnnualQuarterly

Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Total Revenue	3,491,497,000	3,497,632,000	4,420,599,000	5,715,309,000	6,366,838,000
Gross Profit	370,214,000	416,660,000	456,885,000	587,491,000	703,245,000
Operating Income	163,949,000	170,151,000	195,338,000	253,073,000	317,452,000
Net Income	104,983,000	115,739,000	133,021,000	126,145,000	180,888,000
Total Assets	1,969,580,000	2,543,327,000	3,544,020,000	3,827,427,000	4,195,868,000
Total Current Liabilities	764,415,000	759,118,000	1,138,064,000	1,335,035,000	1,670,686,000
Total Equity	714,792,000	990,055,000	1,108,838,000	1,236,092,000	1,409,533,000
Free Cash Flow	247,570,000	-54,095,000	-11,344,000	95,547,000	381,758,000
Cash from Operations	311,927,000	79,747,000	83,346,000	198,552,000	508,313,000
Cash from Investing	-42,506,000	-691,268,000	-481,939,000	-30,010,000	-27,232,000
Cash from Financing	-62,823,000	485,733,000	452,043,000	-205,279,000	-244,358,000
Net Change in Cash	206,458,000	-125,332,000	53,348,000	-35,449,000	237,887,000