Primoris Services Corp
Primoris Services Corp
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 218 | 362 | 536 | 431 | 390 | 352 | 456 | 353 | 207 | 178 | 218 | 161 | |||||
Receivables Net Current | 839 | 754 | 723 | 1,041 | 1,020 | 757 | 834 | 941 | 888 | 812 | 685 | 852 | |||||
Contract With Customer Asset Net Current | 938 | 917 | 937 | 959 | 921 | 939 | 774 | 806 | 873 | 872 | 846 | 744 | |||||
Prepaid Expense And Other Assets Current | 168 | 108 | 138 | 134 | 128 | 127 | 96 | 123 | 123 | 138 | 136 | 135 | |||||
Assets Current | 2,163 | 2,141 | 2,334 | 2,566 | 2,459 | 2,174 | 2,160 | 2,223 | 2,091 | 1,999 | 1,885 | 1,891 | |||||
Property Plant And Equipment Net | 543 | 536 | 531 | 530 | 526 | 507 | 488 | 484 | 446 | 463 | 476 | 489 | |||||
Operating Lease Right Of Use Asset | 492 | 486 | 489 | 484 | 475 | 455 | 461 | 448 | 421 | 394 | 361 | 308 | |||||
Intangible Assets Net Excluding Goodwill | 375 | 186 | 190 | 194 | 199 | 203 | 208 | 213 | 217 | 222 | 228 | 233 | |||||
Goodwill | 1,052 | 857 | 857 | 857 | 857 | 857 | 857 | 858 | 858 | 858 | 858 | 858 | |||||
Other Assets Noncurrent | 13 | 8 | 7 | 18 | 20 | 22 | 22 | 16 | 16 | 18 | 21 | 24 | |||||
Assets | 4,639 | 4,214 | 4,408 | 4,650 | 4,536 | 4,217 | 4,196 | 4,240 | 4,050 | 3,954 | 3,827 | 3,803 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 692 | 647 | 744 | 946 | 826 | 795 | 624 | 489 | 584 | 632 | 629 | 500 | |||||
Contract With Customer Liability Current | 683 | 572 | 634 | 627 | 674 | 555 | 617 | 657 | 484 | 440 | 366 | 388 | |||||
Accrued Liabilities Current | 407 | 391 | 405 | 500 | 437 | 360 | 350 | 386 | 325 | 283 | 263 | 322 | |||||
Dividends Payable Current | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | |||||
Long Term Debt Current | 45 | 57 | 61 | 64 | 78 | 68 | 75 | 77 | 89 | 90 | 73 | 85 | |||||
Liabilities Current | 1,831 | 1,671 | 1,849 | 2,141 | 2,020 | 1,783 | 1,671 | 1,612 | 1,485 | 1,448 | 1,335 | 1,298 | |||||
Long Term Debt Noncurrent | 752 | 396 | 409 | 422 | 525 | 544 | 660 | 827 | 844 | 862 | 885 | 1,014 | |||||
Operating Lease Liability Noncurrent | 315 | 313 | 326 | 329 | 331 | 320 | 333 | 327 | 308 | 287 | 263 | 223 | |||||
Deferred Income Tax Liabilities Net | 55 | 71 | 71 | 65 | 65 | 64 | 64 | 59 | 59 | 59 | 60 | 29 | |||||
Other Liabilities Noncurrent | 80 | 78 | 72 | 65 | 61 | 60 | 58 | 56 | 55 | 48 | 48 | 43 | |||||
Liabilities | 3,033 | 2,530 | 2,727 | 3,022 | 3,001 | 2,772 | 2,786 | 2,882 | 2,751 | 2,705 | 2,591 | 2,606 | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Common Stock Value | 0 | 0 | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital Common Stock | 239 | 288 | 297 | 292 | 287 | 282 | 286 | 282 | 279 | 275 | 276 | 273 | |||||
Retained Earnings Accumulated Deficit | 1,370 | 1,399 | 1,386 | 1,338 | 1,248 | 1,168 | 1,128 | 1,078 | 1,023 | 977 | 961 | 927 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -3 | -2 | -2 | -2 | -1 | -4 | -4 | -2 | -3 | -2 | -1 | -3 | |||||
Stockholders Equity | 1,606 | 1,684 | 1,681 | 1,628 | 1,535 | 1,446 | 1,410 | 1,358 | 1,299 | 1,249 | 1,236 | 1,197 | |||||
Liabilities And Stockholders Equity | 4,639 | 4,214 | 4,408 | 4,650 | 4,536 | 4,217 | 4,196 | 4,240 | 4,050 | 3,954 | 3,827 | 3,803 | |||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0.1 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0.1 | 0 | |||||
Common Stock Shares Authorized | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | |||||
Common Stock Shares Issued | 54 | 54 | 54 | 54 | 54 | 54 | 54 | 54 | 54 | 54 | 53 | 53 | |||||
Shares Outstanding | 54 | 54 | 54 | 54 | 54 | 54 | 54 | 54 | 54 | 54 | 53 | 53 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 24.25% | -8.02% | -14.47% | - | - | - | - | - | - | - | - | - |
| 2025 | 10.77% | 22.96% | 42.74% | 9.17% | 22.87% | 31.19% | -1.14% | 0.89% | 15.74% | -8.62% | 8.55% | -25.36% |
| 2024 | 9.11% | -0.48% | 12.01% | 10.84% | 14.08% | 19.98% | 13.35% | 5.25% | 17.16% | -9.77% | -19.83% | 7.23% |
| 2023 | - | - | - | 6.85% | -2.29% | -12.95% | 1.36% | 8.05% | 5.84% | 8.40% | 15.45% | 37.49% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.18 | 1.28 | 1.26 | 1.20 | 1.22 | 1.22 | 1.29 | 1.38 | 1.41 | 1.38 | 1.41 | 1.46 | |||||
| Quick Ratio | 1.09 | 1.22 | 1.19 | 1.14 | 1.15 | 1.15 | 1.24 | 1.30 | 1.33 | 1.29 | 1.31 | 1.35 | |||||
| Working Capital | 332.00M | 470.70M | 485.10M | 425.08M | 439.27M | 390.64M | 488.80M | 610.16M | 606.46M | 551.09M | 550.20M | 593.22M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 1.89 | 1.50 | 1.62 | 1.86 | 1.96 | 1.92 | 1.98 | 2.12 | 2.12 | 2.17 | 2.10 | 2.18 | |||||
| Interest Coverage TTM | 7.42 | 14.33 | 14.34 | 12.19 | 8.45 | 6.23 | 4.86 | 4.08 | 3.77 | 3.58 | 3.24 | 3.19 | |||||
| Debt Ratio | 0.65 | 0.60 | 0.62 | 0.65 | 0.66 | 0.66 | 0.66 | 0.68 | 0.68 | 0.68 | 0.68 | 0.69 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 1.59 | 1.78 | 1.76 | 1.68 | 1.61 | 1.62 | 1.59 | 1.53 | 1.55 | 1.57 | 1.55 | 1.52 | |||||
| Days Sales Outstanding TTM | 46.59 | 36.83 | 37.53 | 48.50 | 50.27 | 43.36 | 43.57 | 53.27 | 51.72 | 48.44 | 43.06 | 50.82 | |||||
| Receivables Turnover TTM | 7.83 | 9.91 | 9.73 | 7.53 | 7.26 | 8.42 | 8.38 | 6.85 | 7.06 | 7.53 | 8.48 | 7.18 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 2.59 | 4.53 | 5.02 | 5.06 | 4.40 | 3.77 | 3.31 | 3.01 | 2.82 | 2.64 | 2.33 | 2.39 | |||||
| Free Cash Flow Per Share TTM | 1.63 | 3.04 | 6.31 | 9.06 | 9.25 | 8.30 | 7.12 | 5.53 | 3.20 | 3.47 | 1.79 | 1.44 | |||||
| Dividend Per Share TTM | 0.32 | 0.32 | 0.32 | 0.30 | 0.28 | 0.26 | 0.24 | 0.24 | 0.24 | 0.24 | 0.24 | 0.24 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 8.62% | 10.38% | 10.73% | 11.03% | 11.34% | 11.22% | 11.04% | 11.00% | 10.80% | 10.58% | 10.28% | 10.57% | |||||
| Operating Profit Margin TTM | 2.91% | 4.88% | 5.43% | 5.65% | 5.54% | 5.20% | 4.99% | 4.96% | 4.88% | 4.74% | 4.43% | 4.32% | |||||
| Net Profit Margin TTM | 1.92% | 3.31% | 3.63% | 3.72% | 3.48% | 3.12% | 2.84% | 2.68% | 2.56% | 2.45% | 2.21% | 2.35% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 5.12% | 13.40% | 18.97% | 21.45% | 15.07% | 12.45% | 11.40% | 11.07% | 13.97% | 19.99% | 29.29% | 39.06% | |||||
| Net Income Growth (1Y) | -42.05% | 20.35% | 51.96% | 68.36% | 56.14% | 43.39% | 43.41% | 26.61% | 23.55% | 5.72% | -5.17% | 7.37% | |||||
| EPS Growth (1Y) | -42.05% | 19.68% | 50.84% | 67.35% | 55.10% | 42.56% | 42.60% | 25.78% | 22.77% | 5.11% | -5.34% | 7.06% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 38.34 | 31.17 | 24.35 | 26.72 | 17.42 | 14.93 | 22.52 | 18.83 | 17.22 | 15.71 | 13.90 | 13.28 | |||||
| P/B TTM | 3.33 | 4.59 | 3.98 | 4.55 | 2.74 | 2.13 | 2.89 | 2.28 | 2.05 | 1.81 | 1.42 | 1.44 | |||||
| P/S TTM | 0.73 | 1.03 | 0.88 | 0.99 | 0.61 | 0.47 | 0.64 | 0.50 | 0.44 | 0.38 | 0.31 | 0.31 | |||||
| Market Cap | 5.35B | 7.73B | 6.69B | 7.40B | 4.20B | 3.08B | 4.07B | 3.10B | 2.66B | 2.26B | 1.75B | 1.73B | |||||
| Enterprise Value | 5.93B | 7.82B | 6.62B | 7.45B | 4.40B | 3.33B | 4.35B | 3.64B | 3.38B | 3.03B | 2.49B | 2.66B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 88.00M | 164.50M | 340.50M | 489.44M | 499.73M | 446.30M | 381.80M | 296.91M | 171.74M | 185.83M | 95.55M | 76.74M | |||||
| Net Debt | 573.10M | 86.30M | -71.40M | 48.73M | 206.86M | 254.79M | 273.40M | 545.47M | 720.04M | 767.90M | 734.73M | 932.21M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
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| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
Primoris Services Corp (PRIM) — SEC Financial Statements & Analysis
Primoris Services Corp (PRIM) is a water, sewer, pipeline, comm & power line construction company, incorporated in DE. Primoris Services Corp trades on NYSE as: PRIM. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), Primoris Services Corp reported a 5.12% year-over-year revenue growth, a Gross Profit Margin of 8.62% (TTM), a Debt-to-Equity ratio of 1.89x, a Price-to-Sales (P/S) ratio of 0.73x (TTM), a Price-to-Book (P/B) ratio of 3.33x (TTM), at a market cap of $5.35B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 5.12%
- Gross Profit Margin TTM
- 8.62%
- Debt To Equity
- 1.89x
- P/S TTM
- 0.73x
- P/B TTM
- 3.33x
- Market Cap
- $5.35B
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Primoris Services Corp in?
Primoris Services Corp (PRIM) operates in the Water, Sewer, Pipeline, Comm & Power Line Construction industry.
What is PRIM's market cap?
Primoris Services Corp (PRIM) has a market capitalization of $5.35B as of 2026-06-30.
What is PRIM's P/E ratio?
Primoris Services Corp (PRIM)'s trailing twelve month P/E ratio is 38.34x as of 2026-06-30.
What exchange does PRIM trade on?
Primoris Services Corp (PRIM) trades on the NYSE.
Where is Primoris Services Corp incorporated?
Primoris Services Corp is incorporated in DE.