Primoris Services Corporation financials

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PRIM CIK 0001361538

Source: EDGAR filings · Built 2026-06-02T03:52:23Z

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Free Cash Flow 340.50M 381.80M 95.50M -11.34M -54.09M 248.64M
EBITDA 503.40M 412.90M 360.10M 294.50M 275.71M 246.45M
Working Capital 485.10M 488.80M 550.20M 566.32M 422.97M 350.85M
Net Debt 415.40M 734.40M 1.10B 1.10B 620.60M 200.76M
Gross Margin 10.73% 11.04% 10.28% 10.34% 11.91% 10.60%
Operating Margin 5.43% 4.99% 4.43% 4.42% 4.86% 4.70%
Net Margin 3.63% 2.84% 2.21% 3.01% 3.31% 3.01%
Return on Equity (ROE) 16.35% 12.83% 10.20% 12.00% 11.69% 14.69%
Return on Assets (ROA) 6.24% 4.31% 3.29% 3.75% 4.55% 5.33%
Current Ratio 1.26× 1.29× 1.41× 1.50× 1.56× 1.46×
Debt-to-Equity 0.57× 0.84× 1.07× 1.21× 0.83× 0.74×
Effective Tax Rate 28.41% 29.03% 29.00% 16.49% 23.78% 27.92%
Cash Conversion Ratio 1.71× 2.81× 1.57× 0.63× 0.69× 2.98×
Accruals Ratio -0.04× -0.08× -0.02× 0.01× 0.01× -0.11×
SBC % of Revenue 0.27% 0.24% 0.21% 0.17% 0.30% 0.07%
CapEx Coverage 3.62× 4.02× 1.93× 0.88× 0.60× 4.86×
Free Cash Flow Per Share $6.21 $6.99 $1.76 $-0.21 $-1.02 $5.11

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
P/E Trailing (Diluted) 24.73× 23.08× 14.25× 8.88× 11.05× 12.78×
P/FCF 19.98× 10.93× 18.85× — — 5.40×
FCF Yield 5.01% 9.15% 5.31% — — 18.52%
EV / EBITDA 14.15× 11.72× 7.98× 7.69× 6.88× 6.20×
P/S 0.89× 0.64× 0.31× 0.26× 0.36× 0.38×
P/B 3.99× 2.91× 1.43× 1.05× 1.29× 1.86×

Income Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue from Contract with Customer, Excluding Assessed Tax 7.57B 6.37B 5.72B 4.42B 3.50B 3.49B
Cost of Goods and Services Sold 6.76B 5.66B 5.13B 3.96B 3.08B 3.12B
Gross Profit 813.10M 703.20M 587.50M 456.88M 416.66M 370.21M
Selling, General and Administrative Expense 399.20M 383.30M 328.70M 281.58M 230.11M 202.84M
Operating Income (Loss) 411.50M 317.40M 253.10M 195.34M 170.15M 163.95M
Income Tax Expense (Benefit) 109.10M 74.00M 51.50M 26.27M 36.12M 40.66M
Net Income (Loss) Attributable to Parent 274.90M 180.90M 126.10M 133.02M 115.74M 104.98M
Earnings Per Share, Basic $5.09 $3.37 $2.37 $2.50 $2.19 $2.17
Weighted Average Number of Shares Outstanding, Basic 54.00M 53.60M 53.30M 53.20M 52.67M 48.30M
Earnings Per Share, Diluted $5.02 $3.31 $2.33 $2.47 $2.17 $2.16
Weighted Average Number of Shares Outstanding, Diluted 54.80M 54.60M 54.20M 53.76M 53.16M 48.63M

Balance Sheet

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash and Cash Equivalents, at Carrying Value 535.50M 455.80M 217.80M 248.70M 200.51M 326.74M
Assets, Current 2.33B 2.16B 1.89B 1.70B 1.18B 1.12B
Assets 4.41B 4.20B 3.83B 3.54B 2.54B 1.97B
Long-term Debt 469.90M 734.80M 958.27M 1.14B 661.46M 316.56M
Liabilities, Current 1.85B 1.67B 1.34B 1.14B 759.12M 764.41M
Long-term Debt, Excluding Current Maturities 409.00M 660.20M 885.37M 1.07B 594.23M 268.83M
Liabilities 2.73B 2.79B 2.59B 2.44B 1.55B 1.25B
Stockholders' Equity Attributable to Parent 1.68B 1.41B 1.24B 1.11B 990.05M 714.79M
Common Stock, Shares, Outstanding 54.05M 53.74M 53.37M 53.12M 53.19M 48.11M

Cash Flow Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash Provided by (Used in) Operating Activities 470.40M 508.30M 198.50M 83.35M 79.75M 313.00M
Payments to Acquire Property, Plant, and Equipment 129.90M 126.50M 103.00M 94.69M 133.84M 64.36M
Net Cash Provided by (Used in) Investing Activities -93.90M -27.20M -30.00M -481.94M -691.27M -42.51M
Payments for Repurchase of Common Stock — — — 5.99M 14.72M 11.45M
Net Cash Provided by (Used in) Financing Activities -296.30M -244.40M -205.30M 452.04M 485.73M -62.82M

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

Most recent filing shown by default.

Compare filings side-by-side

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Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

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Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (PRIM CIK 0001361538), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.

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