YOLFTbeta
Primoris Services Corporation

Primoris Services Corporation

PRIM · NYSE · Industrials / Engineering & Construction

69.30USD-2.25 (-3.14%)

Price History

Full chart

Market Stats

Previous Close71.55
Open72.64
Day Range67.42 – 72.65
52-Week Range64.95 – 205.33
Volume1.20M
Market Cap3.94B
P/E (TTM)28.49
Forward P/E13.07
EPS2.55
Dividend Yield0.44%
Beta1.44
50-Day Avg79.61
200-Day Avg120.68

About

Primoris Services Corporation provides infrastructure services primarily in the United States and Canada. The company operates in two segments: Utilities and Energy. The Utilities segment offers installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems, and communications systems. The Energy segment provides engineering, procurement, construction, and maintenance services for entities in the energy, renewable energy and energy storage, renewable fuels, and petroleum and petrochemical industries, as well as state departments of transportation. The company also provides replacement services. Primoris Services Corporation was founded in 1960 and is headquartered in Dallas, Texas.

Company Details

  • SectorIndustrials
  • IndustryEngineering & Construction
  • CEOMr. Koti Vadlamudi
  • Employees18.53K
  • Headquarters2300 N. Field Street, Dallas, TX, United States, 75201, USA
  • Websitehttps://www.prim.com

Leadership

  • Mr. Koti VadlamudiCEO, President &Director · b. 1971
  • Mr. Kenneth M. Dodgen CPAExecutive VP & CFO · b. 1966
  • Mr. John M. Perisich J.D.Executive VP, Chief Legal & Administrative Officer and Secretary · b. 1965
  • Mr. Travis L. StrickerChief Accounting Officer & Senior VP of Finance · b. 1971
  • Mr. Chad HaxtonChief Information Officer
  • Mr. Blake HolcombSenior Vice President of Investor Relations
  • Mr. Brad SmithChief Human Resources Officer
  • Mr. Timothy R. HealyInterim President of Renewables · b. 1960
  • Mr. Scot KathmannChief Client Relationship Officer
  • Mr. Heath MoncriefPresident of Energy

Financials

Income Statement

Currency: USD2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-547.70M609.07M467.01M941.76M1.46B1.54B1.94B2.09B1.93B2.00B2.38B2.94B3.11B3.49B3.50B4.42B5.72B6.37B7.57B
Growth (%)--+11.21%-23.32%+101.66%+55.04%+5.59%+26.11%+7.30%-7.52%+3.50%+19.18%+23.51%+5.68%+12.40%+0.18%+26.39%+29.29%+11.40%+18.97%
Cost of Revenue-488.30M538.63M391.44M818.98M1.27B1.35B1.69B1.85B1.71B1.80B2.10B2.61B2.78B3.12B3.08B3.96B5.13B5.66B6.76B
Gross Profit-59.40M70.44M75.58M122.79M185.20M192.71M256.01M236.04M219.87M201.31M278.43M325.74M330.93M370.21M416.66M456.88M587.49M703.25M813.10M
Gross Margin-10.85%11.57%16.18%13.04%12.68%12.50%13.17%11.31%11.40%10.08%11.70%11.08%10.65%10.60%11.91%10.34%10.28%11.05%10.73%
Operating Expense-59.63M35.57M35.17M64.98M86.20M96.42M130.78M132.25M152.10M143.56M172.15M195.27M190.05M206.26M246.51M261.55M334.42M385.79M399.20M
Operating Income-230.00K-230.00K34.87M40.40M57.80M99.00M96.29M125.24M103.79M67.77M57.75M106.29M130.47M140.88M163.95M170.15M195.34M253.07M317.45M413.90M
Operating Margin--0.04%5.73%8.65%6.14%6.78%6.25%6.44%4.98%3.51%2.89%4.47%4.44%4.54%4.70%4.86%4.42%4.43%4.99%5.46%
EBITDA-230.00K-230.00K50.18M58.75M86.36M135.97M131.35M175.36M167.18M133.99M125.81M179.73M208.22M222.45M248.06M275.91M297.65M362.88M415.75M504.60M
EBITDA Margin--0.04%8.24%12.58%9.17%9.31%8.52%9.02%8.01%6.94%6.30%7.55%7.08%7.16%7.10%7.89%6.73%6.35%6.53%6.66%
Net Income351.10K351.10K36.43M25.91M33.62M58.56M56.76M69.66M63.16M36.87M26.72M72.35M77.46M82.33M104.98M115.74M133.02M126.14M180.89M274.90M
Net Income Margin-0.06%5.98%5.55%3.57%4.01%3.68%3.58%3.03%1.91%1.34%3.04%2.64%2.65%3.01%3.31%3.01%2.21%2.84%3.63%
Interest Expense654.05K1.77M856.00K1.98M6.20M5.43M3.62M5.89M6.43M7.69M8.91M8.15M18.75M19.14M14.10M18.50M39.21M78.17M65.31M28.70M
Interest Expense % of Total Revenue-0.32%0.14%0.42%0.66%0.37%0.23%0.30%0.31%0.40%0.45%0.34%0.64%0.62%0.40%0.53%0.89%1.37%1.03%0.38%

Balance Sheet

Currency: USD2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets40.50M41.00M252.21M476.03M704.22M728.41M931.21M1.05B1.11B1.13B1.17B1.26B1.59B1.83B1.97B2.54B3.54B3.83B4.20B4.41B
Total Liabilities8.44M8.59M196.78M332.07M495.99M453.48M598.57M652.25M657.40M648.79M672.23M693.56M987.16M1.20B1.25B1.55B2.44B2.59B2.79B2.73B
Total Equity32.07M32.41M55.43M143.96M208.23M274.93M331.13M397.42M453.82M483.25M497.35M556.47M604.22M628.50M714.75M990.05M1.11B1.24B1.41B1.68B
Cash515.24K202.01K73.02M90.00M115.44M120.31M157.55M196.08M139.47M161.12M135.82M170.38M151.06M120.29M326.74M200.51M248.69M217.78M455.82M541.30M
Total Debt-23.80M34.84M99.05M308.17M240.62M155.38M225.11M245.25M275.29M261.77M259.14M368.16M596.56M527.50M821.11M1.35B1.32B1.19B1.28B
Net Debt-515.24K-202.01K-38.18M9.05M192.73M120.32M-2.17M29.03M105.78M114.16M125.95M88.76M217.09M476.28M200.76M620.60M1.10B1.10B734.39M735.20M

Cash Flow

Currency: USD2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-315.17K-315.17K66.09M25.93M80.97M40.15M98.39M77.75M36.10M48.38M62.58M188.94M126.81M117.98M311.93M79.75M83.35M198.55M508.31M470.40M
Investing Cash Flow--39.28M-23.91M5.73M-54.18M-22.61M-95.01M-97.12M-102.60M-48.52M-59.42M-131.43M-209.15M-65.87M-42.51M-691.27M-481.94M-30.01M-27.23M-93.90M
Financing Cash Flow40.11M40.11M-32.13M-14.50M-1.36M-12.67M33.86M57.89M9.89M21.80M-28.45M-22.95M63.94M-83.28M-62.82M485.73M452.04M-205.28M-244.36M-296.30M
Capital Expenditure02.20M10.13M9.31M23.64M29.05M37.40M87.05M87.95M67.10M58.03M79.78M110.19M94.49M64.36M133.84M94.69M103.00M126.56M129.90M
Free Cash Flow-315.17K-315.17K55.96M16.61M57.33M11.10M61.00M-9.30M-51.85M-18.72M4.55M109.16M16.63M23.49M247.57M-54.09M-11.34M95.55M381.76M340.50M
Dividends Paid-16.80M749.00K8.13M4.40M5.32M7.70M5.16M7.48M9.81M11.38M11.33M12.34M12.21M11.59M12.56M12.78M12.78M12.87M17.30M
FCF to OCF100.00%100.00%84.67%64.07%70.81%27.64%61.99%-11.96%-143.63%-38.70%7.27%57.77%13.11%19.91%79.37%-67.83%-13.61%48.12%75.10%72.39%
Dividend Paid to FCF--5330.47%1.34%48.96%7.68%47.93%12.62%-55.47%-14.43%-52.40%250.20%10.38%74.24%51.99%4.68%-23.23%-112.64%13.38%3.37%5.08%

Earnings

Report DateMar 31, 2007Jun 30, 2007Sep 30, 2007Dec 31, 2007Mar 31, 2008Aug 11, 2008Nov 17, 2008Mar 17, 2009May 13, 2009Aug 11, 2009Nov 12, 2009Mar 10, 2010May 10, 2010Aug 9, 2010Nov 9, 2010Mar 16, 2011May 10, 2011Aug 4, 2011Nov 8, 2011Mar 1, 2012May 9, 2012Aug 8, 2012Nov 6, 2012Mar 7, 2013May 7, 2013Aug 7, 2013Nov 5, 2013Feb 28, 2014May 6, 2014Aug 7, 2014Nov 6, 2014Mar 3, 2015May 5, 2015Aug 6, 2015Nov 5, 2015Feb 25, 2016May 5, 2016Aug 4, 2016Nov 8, 2016Feb 28, 2017May 8, 2017Aug 8, 2017Nov 6, 2017Feb 26, 2018May 8, 2018Aug 7, 2018Nov 6, 2018Feb 28, 2019May 7, 2019Aug 6, 2019Nov 4, 2019Feb 25, 2020May 5, 2020Aug 4, 2020Nov 5, 2020Feb 22, 2021May 5, 2021Aug 3, 2021Nov 8, 2021Feb 28, 2022May 9, 2022Aug 8, 2022Nov 7, 2022Feb 27, 2023May 9, 2023Aug 7, 2023Nov 7, 2023Feb 26, 2024May 8, 2024Aug 5, 2024Nov 4, 2024Feb 24, 2025May 5, 2025Aug 4, 2025Nov 3, 2025Feb 24, 2026May 5, 2026Aug 4, 2026Nov 2, 2026
EPS Estimate-----0.150.140.150.080.140.160.150.150.160.170.220.220.240.200.220.240.220.330.300.180.290.420.390.200.310.490.490.130.170.370.300.060.220.260.320.140.340.330.230.020.300.580.620.010.290.670.53-0.010.320.670.43-0.050.710.760.560.140.650.910.72-0.120.620.860.670.260.861.030.750.661.081.350.990.84-0.420.68
EPS Actual0.140.240.490.280.330.280.230.200.170.260.230.190.150.160.180.240.240.280.380.350.200.230.340.330.190.300.420.440.210.310.530.170.030.070.370.240.050.100.220.280.150.420.400.250.010.310.690.630.040.350.700.53-0.080.680.900.660.120.670.890.540.010.481.120.770.180.801.020.690.471.041.221.130.981.681.881.080.59-0.30-
Surprise-----86.67%64.29%33.33%112.50%85.71%43.75%26.67%0.00%0.00%5.88%9.09%9.09%16.67%90.00%59.09%-16.67%4.55%3.03%10.00%5.56%3.45%0.00%12.82%5.00%0.00%8.16%-65.31%-76.92%-58.82%0.00%-20.00%-16.67%-54.55%-15.38%-12.50%7.14%23.53%21.21%8.70%-50.00%3.33%18.97%1.61%300.00%20.69%4.48%0.00%-700.00%112.50%34.33%53.49%340.00%-5.63%17.11%-3.57%-92.86%-26.15%23.08%6.94%250.00%29.03%18.60%2.99%80.77%20.93%18.45%51.23%48.48%55.56%39.26%8.85%-29.76%28.57%-
Timing-----After-hoursPre-market-Pre-market-Pre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market-Pre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap3.94B
Enterprise Value5.05B
Trailing P/E28.49
Forward P/E13.07
PEG Ratio1.22
Price / Sales0.54
Price / Book2.48
EPS2.55
Book Value29.84
Revenue (TTM)7.28B
Gross Profit (TTM)627.80M
EBITDA321.70M
Profit Margin1.92%
Operating Margin-1.56%
Return on Equity8.89%
Return on Assets2.99%
Shares Outstanding54.25M
Shares Float53.20M
Beta1.44
Dividend Yield0.44%
Dividend Rate0.32
Payout Ratio9.85%

Analyst Ratings

Strong Buy
Based on 11 analystsTarget 117.80
  • Strong Buy
    7
  • Buy
    3
  • Hold
    1

Ownership Breakdown

Institutions
104.35%
Insiders
1.16%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    8.34M15.49%
  • Wellington Management Company LLP
    4.68M8.69%
  • Vanguard Portfolio Management, LLC
    3.65M6.79%
  • Fuller & Thaler Asset Management Inc
    2.97M5.51%
  • Vanguard Capital Management, LLC
    2.34M4.34%
  • First Trust Advisors L.P.
    2.23M4.15%
  • State Street Corp
    2.06M3.83%
  • Millennium Management LLC
    1.49M2.77%
  • Geode Capital Management, LLC
    1.46M2.71%
  • Southpoint Capital Advisors LP
    1.40M2.60%
  • Amvescap Plc.
    1.40M2.59%
  • Dimensional Fund Advisors, Inc.
    1.18M2.20%
  • Nordea Investment Mgmt Bank Demark A/s
    887.33K1.65%
  • American Century Companies Inc
    884.64K1.64%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    3.31M6.14%
  • First Trust RBA Amer Indl RenaisTM ETF
    3.00M5.57%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.64M3.05%
  • Vanguard Small Cap Index
    1.19M2.20%
  • Vanguard Explorer Inv
    1.00M1.87%
  • Vanguard MStar Small Cap Value Index
    753.15K1.40%

Dividends

20263×
0.08Sep 30, 20260.08Jun 30, 20260.08Mar 31, 2026
20254×
0.08Dec 31, 20250.08Sep 30, 20250.08Jun 30, 20250.08Mar 31, 2025
20244×
0.08Dec 31, 20240.06Sep 27, 20240.06Jun 28, 20240.06Mar 27, 2024
20234×
0.06Dec 28, 20230.06Sep 28, 20230.06Jun 29, 20230.06Mar 30, 2023
20224×
0.06Dec 29, 20220.06Sep 29, 20220.06Jun 29, 20220.06Mar 30, 2022
20214×
0.06Dec 30, 20210.06Sep 29, 20210.06Jun 29, 20210.06Mar 30, 2021
20201×
0.06Dec 30, 2020