Primoris Services Corporation (PRIM)

NYSE Industrials Construction & Engineering S&P SmallCap 600

$65.40

+5.84 (+9.81%)

Close of Nov 06, 2026 · end-of-day data

Source: Primoris Services Corporation's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 04, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$2.00B	$2.38B	$2.94B	$3.11B	$3.49B	$3.50B	$4.42B	$5.72B	$6.37B	$7.57B
Cost of revenue	—	$2.10B	$2.61B	$2.78B	$3.12B	$3.08B	$3.96B	$5.13B	$5.66B	$6.76B
Gross profit	$201.31M	$278.43M	$325.74M	$330.93M	$370.21M	$416.66M	$456.88M	$587.50M	$703.20M	$813.10M
Selling, general & admin	$140.03M	$170.37M	$182.01M	$189.13M	$202.84M	$230.11M	$281.58M	$328.70M	$383.30M	$399.20M
Operating income	$57.75M	$106.29M	$130.47M	$140.88M	$163.95M	$170.15M	$195.34M	$253.10M	$317.40M	$411.50M
Interest expense	$8.91M	$8.15M	$18.75M	$20.10M	$20.30M	—	—	—	—	—
Pre-tax income	$48.87M	$105.28M	$113.36M	$117.91M	$145.64M	$151.86M	$159.29M	$177.60M	$254.90M	$384.00M
Income tax	$21.15M	$28.43M	$25.77M	$33.81M	$40.66M	$36.12M	$26.27M	$51.50M	$74.00M	$109.10M
Net income	$26.72M	$72.35M	$77.46M	$82.33M	$104.98M	$115.74M	$133.02M	$126.10M	$180.90M	$274.90M
EBITDA	$119.18M	$163.90M	$209.72M	$226.28M	$246.45M	$275.71M	$294.50M	$360.10M	$412.90M	$503.40M
EPS (basic)	$0.52	$1.41	$1.51	$1.62	$2.17	$2.19	$2.50	$2.37	$3.37	$5.09
EPS (diluted)	$0.51	$1.40	$1.50	$1.61	$2.16	$2.17	$2.47	$2.33	$3.31	$5.02
Diluted shares	51.99M	51.74M	51.67M	51.08M	48.63M	53.16M	53.76M	54.20M	54.60M	54.80M
Gross margin	10.1%	11.7%	11.1%	10.7%	10.6%	11.9%	10.3%	10.3%	11.0%	10.7%
Operating margin	2.9%	4.5%	4.4%	4.5%	4.7%	4.9%	4.4%	4.4%	5.0%	5.4%
Net margin	1.3%	3.0%	2.6%	2.7%	3.0%	3.3%	3.0%	2.2%	2.8%	3.6%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$135.82M	$170.38M	$151.06M	$120.29M	$326.74M	$200.51M	$248.70M	$217.80M	$455.80M	$535.50M
Short-term investments	$0	—	—	—	—	—	—	—	—	—
Receivables	$388.00M	$291.59M	$372.69M	$404.91M	$432.45M	$471.66M	$663.12M	$112.20M	$834.40M	$723.40M
Inventory	$49.20M	$40.92M	—	—	—	—	—	—	—	—
Total current assets	$731.11M	$743.21M	$924.45M	$912.71M	$1.12B	$1.18B	$1.70B	$1.89B	$2.16B	$2.33B
Goodwill	$127.23M	$153.37M	$206.16M	$206.16M	$215.10M	$581.66M	$871.81M	$857.70M	$856.90M	$856.90M
Total assets	$1.17B	$1.26B	$1.59B	$1.83B	$1.97B	$2.54B	$3.54B	$3.83B	$4.20B	$4.41B
Total current liabilities	$449.94M	$454.90M	$621.81M	$670.45M	$764.41M	$759.12M	$1.14B	$1.34B	$1.67B	$1.85B
Short-term debt	$58.19M	$65.46M	$62.49M	$55.66M	$47.72M	$67.23M	$78.14M	$72.90M	$74.60M	$60.90M
Long-term debt	$203.15M	$193.35M	$305.67M	$295.64M	$268.83M	$594.23M	$1.07B	$885.37M	$660.20M	$409.00M
Total debt	$261.34M	$258.81M	$368.16M	$351.30M	$316.56M	$661.46M	$1.14B	$958.27M	$734.80M	$469.90M
Total liabilities	$672.00M	$693.56M	$987.16M	$1.20B	$1.25B	$1.55B	$2.44B	$2.59B	$2.79B	$2.73B
Shareholders' equity	$498.57M	$562.18M	$606.98M	$629.53M	$714.79M	$990.05M	$1.11B	$1.24B	$1.41B	$1.68B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$62.58M	$188.94M	$126.81M	$118.95M	$313.00M	$79.75M	$83.35M	$198.50M	$508.30M	$470.40M
Capital expenditures	$58.03M	$79.78M	$110.19M	$94.49M	$64.36M	$133.84M	$94.69M	$103.00M	$126.50M	$129.90M
Free cash flow	$4.55M	$109.16M	$16.63M	$24.45M	$248.64M	-$54.09M	-$11.34M	$95.50M	$381.80M	$340.50M
Investing cash flow	-$59.42M	-$131.43M	-$209.15M	-$65.87M	-$42.51M	-$691.27M	-$481.94M	-$30.00M	-$27.20M	-$93.90M
Financing cash flow	-$28.45M	-$22.95M	$63.94M	-$83.28M	-$62.82M	$485.73M	$452.04M	-$205.30M	-$244.40M	-$296.30M
Dividends paid	$11.38M	$11.33M	$12.34M	$12.21M	$11.59M	$12.56M	$12.78M	$12.80M	$12.90M	$17.30M
Share buybacks	$5.00M	$5.00M	$20.00M	—	$11.45M	$14.72M	$5.99M	—	—	—
Stock-based compensation	$1.63M	$1.13M	$1.25M	$1.58M	$2.27M	$10.46M	$7.44M	$11.80M	$15.10M	$20.60M
Depreciation & amortization	$61.43M	$57.61M	$79.25M	$85.40M	$82.50M	$105.56M	$99.16M	$107.00M	$95.50M	$91.90M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$1.52B	$1.41B	$1.56B	$1.65B	$1.74B	$1.65B	$1.89B	$2.18B	$1.86B	$1.56B	$1.69B	$1.95B
Cost of revenue	$1.36B	$1.28B	$1.38B	$1.45B	$1.56B	$1.48B	$1.66B	$1.94B	$1.68B	$1.43B	$1.61B	$1.75B
Gross profit	$156.60M	$133.40M	$186.70M	$198.50M	$184.60M	$170.70M	$231.70M	$235.70M	$175.00M	$134.70M	$82.40M	$204.70M
Selling, general & admin	$80.72M	$88.59M	$100.12M	$98.11M	$96.49M	$99.50M	$104.60M	$97.70M	$97.50M	$105.80M	$106.30M	$109.00M
Operating income	$74.87M	$44.24M	$86.07M	$99.55M	$87.54M	$70.40M	$126.60M	$137.00M	$77.50M	$24.40M	-$26.80M	$94.90M
Pre-tax income	$52.97M	$26.68M	$69.78M	$82.31M	$76.14M	$62.30M	$118.70M	$131.00M	$71.90M	$19.90M	-$36.60M	$80.60M
Income tax	$15.36M	$7.74M	$20.24M	$23.87M	$22.16M	$18.10M	$34.40M	$36.40M	$20.20M	$2.50M	-$12.40M	$29.30M
Net income	$37.66M	$18.90M	$49.60M	$58.40M	$54.00M	$44.20M	$84.30M	$94.60M	$51.80M	$17.40M	-$24.20M	$51.30M
EBITDA	$100.42M	$68.82M	$111.76M	$122.22M	$110.09M	$91.80M	$149.10M	$160.80M	$101.70M	$48.20M	$3.90M	$128.90M
EPS (basic)	$0.71	$0.35	$0.92	$1.09	$1.00	$0.82	$1.56	$1.75	$0.96	$0.32	$-0.45	$0.96
EPS (diluted)	$0.69	$0.35	$0.91	$1.07	$0.99	$0.81	$1.54	$1.73	$0.95	$0.32	$-0.45	$0.95
Diluted shares	54.38M	54.40M	54.70M	54.70M	54.70M	54.70M	54.80M	54.80M	54.80M	54.80M	54.00M	54.10M
Gross margin	10.3%	9.4%	11.9%	12.0%	10.6%	10.4%	12.3%	10.8%	9.4%	8.6%	4.9%	10.5%
Operating margin	4.9%	3.1%	5.5%	6.0%	5.0%	4.3%	6.7%	6.3%	4.2%	1.6%	-1.6%	4.9%
Net margin	2.5%	1.3%	3.2%	3.5%	3.1%	2.7%	4.5%	4.3%	2.8%	1.1%	-1.4%	2.6%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$217.80M	$177.60M	$207.36M	$352.66M	$455.80M	$351.60M	$390.30M	$431.40M	$535.50M	$361.50M	$218.20M	$203.50M
Receivables	$112.20M	$811.95M	$888.27M	$941.01M	$834.40M	$756.50M	$1.02B	$1.04B	$723.40M	$754.40M	$839.10M	$935.00M
Total current assets	$1.89B	$2.00B	$2.09B	$2.22B	$2.16B	$2.17B	$2.46B	$2.57B	$2.33B	$2.14B	$2.16B	$2.16B
Goodwill	$857.70M	$857.65M	$857.65M	$857.65M	$856.90M	$856.87M	$856.87M	$856.87M	$856.90M	$856.90M	$1.05B	$1.05B
Total assets	$3.83B	$3.95B	$4.05B	$4.24B	$4.20B	$4.22B	$4.54B	$4.65B	$4.41B	$4.21B	$4.64B	$4.63B
Total current liabilities	$1.34B	$1.45B	$1.48B	$1.61B	$1.67B	$1.78B	$2.02B	$2.14B	$1.85B	$1.67B	$1.83B	$1.89B
Short-term debt	$72.90M	$89.53M	$89.27M	$76.75M	$74.60M	$68.06M	$78.08M	$63.84M	$60.90M	$57.20M	$45.00M	$42.50M
Long-term debt	$885.37M	$862.22M	$843.76M	$827.00M	$660.20M	$543.92M	$524.98M	$422.20M	$409.00M	$396.30M	$752.00M	$741.80M
Total debt	$958.27M	$951.75M	$933.03M	$903.75M	$734.80M	$611.99M	$603.06M	$486.04M	$469.90M	$453.50M	$797.00M	$784.30M
Total liabilities	$2.59B	$2.71B	$2.75B	$2.88B	$2.79B	$2.77B	$3.00B	$3.02B	$2.73B	$2.53B	$3.03B	$3.07B
Shareholders' equity	$1.24B	$1.25B	$1.30B	$1.36B	$1.41B	$1.45B	$1.53B	$1.63B	$1.68B	$1.68B	$1.61B	$1.56B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$205.65M	-$28.46M	$16.07M	$222.45M	$298.25M	$66.20M	$78.40M	$182.90M	$142.90M	-$122.60M	-$8.70M	$140.20M
Capital expenditures	$20.50M	$10.43M	$24.20M	$63.70M	$28.16M	$40.60M	$33.10M	$34.50M	$21.70M	$27.80M	$22.50M	$42.10M
Free cash flow	$185.15M	-$38.90M	-$8.14M	$158.75M	$270.08M	$25.60M	$45.30M	$148.40M	$121.20M	-$150.40M	-$31.20M	$98.10M
Investing cash flow	-$4.38M	$4.19M	$35.11M	-$40.18M	-$26.31M	-$33.20M	-$25.90M	-$19.10M	-$15.70M	-$12.70M	-$418.50M	-$36.90M
Financing cash flow	-$145.28M	-$15.11M	-$24.00M	-$34.92M	-$170.38M	-$137.20M	-$14.50M	-$122.90M	-$21.70M	-$38.60M	$283.20M	-$118.50M
Dividends paid	$3.22M	$3.20M	$3.22M	$3.22M	$3.26M	$4.30M	$4.30M	$4.30M	$4.40M	$4.30M	$4.40M	$4.30M
Share buybacks	—	—	—	—	—	—	—	—	—	—	—	$100.00M
Stock-based compensation	$2.85M	$2.41M	$3.95M	$3.99M	$4.75M	$5.00M	$5.40M	$4.50M	$5.70M	$7.70M	$3.20M	$4.70M
Depreciation & amortization	$25.55M	$24.58M	$25.69M	$22.67M	$22.55M	$21.40M	$22.50M	$23.80M	$24.20M	$23.80M	$30.70M	$34.00M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.