What is Primoris Services Corporation's earnings per share (EPS)?

Primoris Services Corporation (PRIM) reported diluted earnings per share of $5.02 for fiscal year 2025. This represents a 51.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Primoris Services Corporation (PRIM) Financials

PRIM

Trailing 12 months to June 30, 2026

Revenue $7.3B +5.1% YoY

Net Income $139.6M -42.1% YoY

EPS (Diluted) $2.55 -42.2% YoY

Free Cash Flow $88.0M -82.4% YoY

Market Cap $4.4B as of Oct 9, 2026

Price / Sales 0.6x on $7.3B revenue, trailing 12 months to June 30, 2026

Price / Earnings 31.9x on $139.6M net income, trailing 12 months to June 30, 2026

Price / Book 2.8x on $1.6B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 5, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PRIM SEC filings page.

Primoris Services Corporation (PRIM) reported $7.3B in revenue over the twelve months to Jun 30, 2026, up 5.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI PRIM FY2025 2026-10-04

Primoris is scaling profitably while converting earnings into cash and using that cash to reduce financial leverage.

Between FY2023 and FY2025, operating margin widened from 4.4% to 5.4% while gross margin stayed broadly stable, pointing more to overhead absorption than a major change in direct-cost economics. The pattern indicates that a larger operation is retaining more profit after its direct project costs.

In FY2025, operating cash flow of $470M exceeded net income of $275M, showing reported earnings were backed by cash rather than primarily noncash accounting effects. Free cash flow was $341M after capital spending, so reinvestment consumed part, but not all, of that internally generated cash.

The balance sheet became less debt-dependent: debt-to-equity fell from 0.5x in FY2024 to 0.2x in FY2025. At the same time, the current ratio eased to 1.3x, implying leverage improved while the cushion between short-term assets and obligations narrowed.

Financial Health Signals

Financial Health Score 63/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Primoris Services Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Primoris Services Corporation has an operating margin of 5.4%, meaning the company retains $5 of operating profit per $100 of revenue. This results in a moderate score of 60/100, indicating healthy but not exceptional operating efficiency. This is up from 5.0% the prior year.

Growth

Primoris Services Corporation's revenue surged 19.0% year-over-year to $7.6B, reflecting rapid business expansion. This strong growth earns a score of 76/100.

Leverage

Primoris Services Corporation carries a low D/E ratio of 0.24, meaning only $0.24 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 92/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Primoris Services Corporation's current ratio of 1.26 indicates adequate short-term liquidity, earning a score of 32/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Primoris Services Corporation has a free cash flow margin of 4.5%, earning a moderate score of 42/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Primoris Services Corporation earns a strong 16.4% return on equity (ROE), meaning it generates $16 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 77/100. This is up from 12.8% the prior year.

Altman Z-Score Safe

3.58

Primoris Services Corporation scores 3.58, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

6/9

Primoris Services Corporation passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

1.71x

For every $1 of reported earnings, Primoris Services Corporation generates $1.71 in operating cash flow ($470.4M OCF vs $274.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

14.34x

Primoris Services Corporation earns $14.34 in operating income for every $1 of interest expense ($411.5M vs $28.7M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.7B

YoY-10.7%

QoQ+8.2%

5Y CAGR+13.9%

10Y CAGR+14.0%

Primoris Services Corporation generated $1.7B in revenue in Q2 2026. This represents a decrease of 10.7% from the same quarter a year earlier. Against the prior quarter it is up 8.2%.

EBITDA

$3.9M

YoY-97.4%

QoQ-91.9%

Primoris Services Corporation's EBITDA was $3.9M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 97.4% from the same quarter a year earlier. Against the prior quarter it is down 91.9%.

Net Income

-$24.2M

YoY-128.7%

QoQ-239.1%

Primoris Services Corporation reported -$24.2M in net income in Q2 2026. This represents a decrease of 128.7% from the same quarter a year earlier. Against the prior quarter it is down 239.1%.

EPS (Diluted)

-$0.45

YoY-129.2%

QoQ-240.6%

Primoris Services Corporation earned -$0.45 per diluted share (EPS) in Q2 2026. This represents a decrease of 129.2% from the same quarter a year earlier. Against the prior quarter it is down 240.6%.

Cash & Balance Sheet

Free Cash Flow

-$31.2M

YoY-168.9%

QoQ+79.3%

Primoris Services Corporation recorded an outflow of $31.2M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 168.9% from the same quarter a year earlier. Against the prior quarter it is up 79.3%.

Cash & Debt

$218.2M

YoY-44.1%

QoQ-39.6%

5Y CAGR+4.2%

10Y CAGR+8.4%

Primoris Services Corporation held $218.2M in cash against $752.0M in long-term debt as of Q2 2026.

Dividends Per Share

$0.08

YoY0.0%

QoQ0.0%

5Y CAGR+5.9%

Primoris Services Corporation paid $0.08 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

54M

YoY-0.3%

QoQ-0.8%

5Y CAGR0.0%

10Y CAGR+0.4%

Primoris Services Corporation had 54M shares outstanding in Q2 2026. This represents a decrease of 0.3% from the same quarter a year earlier. Against the prior quarter it is down 0.8%.

Margins & Returns

Gross Margin

4.9%

YoY-7.4pp

QoQ-3.8pp

5Y change-7.9pp

10Y change-4.6pp

Primoris Services Corporation's gross margin was 4.9% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 7.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.8 percentage points.

Operating Margin

-1.6%

YoY-8.3pp

QoQ-3.1pp

Primoris Services Corporation's operating margin was -1.6% in Q2 2026, reflecting core business profitability. This is down 8.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.1 percentage points.

Net Margin

-1.4%

YoY-5.9pp

QoQ-2.6pp

5Y change-5.5pp

10Y change-2.5pp

Primoris Services Corporation's net profit margin was -1.4% in Q2 2026, showing the share of revenue converted to profit. This is down 5.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.6 percentage points.

Return on Equity

-1.5%

YoY-7.0pp

QoQ-2.5pp

5Y change-5.4pp

10Y change-2.5pp

Primoris Services Corporation's ROE was -1.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 7.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.5 percentage points.

Capital Allocation

Capital Expenditures

$22.5M

YoY-32.0%

QoQ-19.1%

5Y CAGR-12.4%

10Y CAGR-2.8%

Primoris Services Corporation invested $22.5M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 32.0% from the same quarter a year earlier. Against the prior quarter it is down 19.1%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

PRIM Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

PRIM quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$7.3B	$7.6B+19.0%	$6.4B+11.4%	$5.7B+29.3%	$4.4B+26.4%	$3.5B+0.2%	$3.5B+12.4%	$3.1B+5.7%	$2.9B+23.5%	$2.4B+19.2%	$2.0B+3.5%	$1.9B-7.5%	$2.1B+7.3%	$1.9B+26.1%	$1.5B+5.6%	$1.5B
Cost of Revenue	N/A	$6.8B+19.4%	$5.7B+10.4%	$5.1B+29.4%	$4.0B+28.7%	$3.1B-1.3%	$3.1B+12.5%	$2.8B+6.2%	$2.6B+24.4%	$2.1B	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	$627.8M	$813.1M+15.6%	$703.2M+19.7%	$587.5M+28.6%	$456.9M+9.7%	$416.7M+12.5%	$370.2M+11.9%	$330.9M+1.6%	$325.7M+17.0%	$278.4M+38.3%	$201.3M-8.4%	$219.9M-6.8%	$236.0M-7.8%	$256.0M+32.8%	$192.7M+4.1%	$185.2M
SG&A Expenses	N/A	$399.2M+4.1%	$383.3M+16.6%	$328.7M+16.7%	$281.6M+22.4%	$230.1M+13.4%	$202.8M+7.2%	$189.1M+3.9%	$182.0M+6.8%	$170.4M+21.7%	$140.0M-7.7%	$151.7M+14.7%	$132.2M+1.1%	$130.8M+35.6%	$96.4M+11.9%	$86.2M
Operating Income	N/A	$411.5M+29.6%	$317.4M+25.4%	$253.1M+29.6%	$195.3M+14.8%	$170.2M+3.8%	$163.9M+16.4%	$140.9M+8.0%	$130.5M+22.8%	$106.3M+84.1%	$57.7M-14.8%	$67.8M-34.7%	$103.8M-17.1%	$125.2M+30.1%	$96.3M-2.7%	$99.0M
EBITDA	N/A	$503.4M+21.9%	$412.9M+14.7%	$360.1M+22.3%	$294.5M+6.8%	$275.7M+11.9%	$246.4M+8.9%	$226.3M+7.9%	$209.7M+21.5%	$172.6M+37.2%	$125.8M-5.4%	$133.0M-18.0%	$162.2M-7.4%	$175.1M+32.8%	$131.9M-0.7%	$132.8M
Interest Expense	N/A	$28.7M-56.0%	$65.3M-16.5%	$78.2M+99.4%	$39.2M+112.0%	$18.5M-8.9%	$20.3M+1.0%	$20.1M+7.2%	$18.7M+130.1%	$8.1M-8.6%	$8.9M+15.9%	$7.7M+19.5%	$6.4M+9.2%	$5.9M+62.8%	$3.6M-33.4%	$5.4M
Income Tax	N/A	$109.1M+47.4%	$74.0M+43.7%	$51.5M+96.1%	$26.3M-27.3%	$36.1M-11.2%	$40.7M+20.2%	$33.8M+31.2%	$25.8M-9.4%	$28.4M+34.5%	$21.1M-11.7%	$23.9M-38.0%	$38.6M-13.9%	$44.9M+32.7%	$33.8M-11.4%	$38.2M
Net Income	$139.6M	$274.9M+52.0%	$180.9M+43.5%	$126.1M-5.2%	$133.0M+14.9%	$115.7M+10.2%	$105.0M+27.5%	$82.3M+6.3%	$77.5M+7.1%	$72.4M+170.8%	$26.7M-27.5%	$36.9M-42.1%	$63.7M-14.7%	$74.7M+28.2%	$58.3M-0.5%	$58.6M
EPS (Basic)	N/A	$5.09+51.0%	$3.37+42.2%	$2.37-5.2%	$2.50+14.2%	$2.19+0.9%	$2.17+34.0%	$1.62+7.3%	$1.51+7.1%	$1.41+171.2%	$0.52-26.8%	$0.71-41.8%	$1.22-9.6%	$1.35+22.7%	$1.10-4.3%	$1.15
EPS (Diluted)	$2.55	$5.02+51.7%	$3.31+42.1%	$2.33-5.7%	$2.47+13.8%	$2.17+0.5%	$2.16+34.2%	$1.61+7.3%	$1.50+7.1%	$1.40+174.5%	$0.51-28.2%	$0.71-41.8%	$1.22-9.6%	$1.35+22.7%	$1.10-3.5%	$1.14
Diluted Shares (Avg)	N/A	55M+0.4%	55M+0.7%	54M+0.8%	54M+1.1%	53M+9.3%	49M-4.8%	51M-1.1%	52M-0.1%	52M-0.5%	52M+0.4%	52M+0.1%	52M+0.3%	52M+0.4%	51M+0.5%	51M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-K	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-K
Revenue	$1.7B-10.7%	$1.6B-5.4%	$1.9B+6.7%	$2.2B+32.1%	$1.9B+20.9%	$1.6B+16.7%	$1.7B+14.9%	$1.6B+7.8%
Cost of Revenue	$1.6B-3.2%	$1.4B-3.5%	N/A	$1.9B+33.9%	$1.7B+20.5%	$1.5B+15.5%	N/A	$1.5B+7.0%
Gross Profit	$82.4M-64.4%	$134.7M-21.1%	$175.0M-5.2%	$235.7M+18.7%	$231.7M+24.1%	$170.7M+28.0%	$184.6M+17.9%	$198.5M+14.1%
SG&A Expenses	$106.3M+1.6%	$105.8M+6.3%	N/A	$97.7M-0.4%	$104.6M+4.5%	$99.5M+12.3%	N/A	$98.1M+16.2%
Operating Income	-$26.8M-121.2%	$24.4M-65.3%	N/A	$137.0M+37.6%	$126.6M+47.1%	$70.4M+59.1%	N/A	$99.5M+12.6%
EBITDA	$3.9M-97.4%	$48.2M-47.5%	N/A	$160.8M+31.6%	$149.1M+33.4%	$91.8M+33.4%	N/A	$122.2M+6.2%
Interest Expense	$10.6M+41.3%	$4.6M-41.0%	N/A	$7.0M-61.1%	$7.5M-56.2%	$7.8M-56.6%	N/A	$17.9M-15.2%
Income Tax	-$12.4M-136.0%	$2.5M-86.2%	N/A	$36.4M+52.7%	$34.4M+70.0%	$18.1M+133.9%	N/A	$23.9M+21.4%
Net Income	-$24.2M-128.7%	$17.4M-60.6%	$51.8M-4.1%	$94.6M+62.0%	$84.3M+70.0%	$44.2M+133.9%	$54.0M+43.4%	$58.4M+21.3%
EPS (Basic)	-$0.45-128.8%	$0.32-61.0%	$0.96-4.0%	$1.75+60.6%	$1.56+69.6%	$0.82+134.3%	$1.00+40.8%	$1.09+21.1%
EPS (Diluted)	-$0.45-129.2%	$0.32-60.5%	$0.95-4.0%	$1.73+61.7%	$1.54+69.2%	$0.81+131.4%	$0.99+43.5%	$1.07+20.2%
Diluted Shares (Avg)	54M-1.5%	55M+0.2%	55M+0.2%	55M+0.2%	55M+0.2%	55M+0.6%	55M+0.6%	55M+0.6%

Not reported in any period shown, so not listed: R&D Expenses.

PRIM Balance Sheet

PRIM quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$4.4B+5.1%	$4.2B+9.6%	$3.8B+8.0%	$3.5B+39.3%	$2.5B+29.1%	$2.0B+7.6%	$1.8B+14.8%	$1.6B+26.9%	$1.3B+7.3%	$1.2B+3.4%	$1.1B+3.2%	$1.1B+4.5%	$1.1B+12.8%	$931.2M+27.8%	$728.4M
Current Assets	$2.3B+8.1%	$2.2B+14.5%	$1.9B+10.6%	$1.7B+44.2%	$1.2B+6.0%	$1.1B+22.2%	$912.7M-1.3%	$924.4M+24.4%	$743.2M+1.7%	$731.1M+6.4%	$686.8M+3.0%	$666.8M+1.1%	$659.8M+16.9%	$564.6M+22.8%	$459.9M
Cash & Equivalents	$535.5M+17.5%	$455.8M+109.3%	$217.8M-12.4%	$248.7M+24.0%	$200.5M-38.6%	$326.7M+171.6%	$120.3M-20.4%	$151.1M-11.3%	$170.4M+25.4%	$135.8M-15.7%	$161.1M+15.5%	$139.5M-28.9%	$196.1M+24.5%	$157.6M+31.0%	$120.3M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0-100.0%	$31.0M+65.9%	$18.7M+443.0%	$3.4M-85.0%	$23.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$40.9M-16.8%	$49.2M-27.4%	$67.8M+16.7%	$58.1M+12.1%	$51.8M+39.4%	$37.2M+16.5%	$31.9M
Accounts Receivable	N/A	N/A	$112.2M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$856.9M0.0%	$856.9M-0.1%	$857.7M-1.6%	$871.8M+49.9%	$581.7M+170.4%	$215.1M+4.3%	$206.2M0.0%	$206.2M+34.4%	$153.4M+20.6%	$127.2M+2.5%	$124.2M+4.0%	$119.4M+0.7%	$118.6M+1.4%	$116.9M+24.2%	$94.2M
Total Liabilities	$2.7B-2.1%	$2.8B+7.5%	$2.6B+6.4%	$2.4B+56.8%	$1.6B+23.8%	$1.3B+4.5%	$1.2B+21.7%	$987.2M+42.3%	$693.6M+3.2%	$672.0M+3.6%	$648.8M+0.8%	$643.8M-1.3%	$652.2M+9.0%	$598.6M+32.0%	$453.5M
Current Liabilities	$1.8B+10.6%	$1.7B+25.1%	$1.3B+17.3%	$1.1B+49.9%	$759.1M-0.7%	$764.4M+14.0%	$670.4M+7.8%	$621.8M+36.7%	$454.9M+1.1%	$449.9M+8.1%	$416.2M-0.7%	$419.3M-2.6%	$430.3M+2.3%	$420.7M+21.9%	$345.0M
Non-Current Liabilities	$878.3M-21.3%	$1.1B-11.2%	$1.3B-3.1%	$1.3B+63.3%	$794.2M+61.9%	$490.4M-7.6%	$530.5M+45.2%	$365.4M+53.1%	$238.7M+7.5%	$222.1M-4.5%	$232.6M+3.6%	$224.5M+1.2%	$221.9M+24.8%	$177.9M+64.0%	$108.5M
Long-Term Debt	$409.0M-38.0%	$660.2M-25.4%	$885.4M-16.9%	$1.1B+79.3%	$594.2M+121.0%	$268.8M-9.1%	$295.6M-3.3%	$305.7M+58.1%	$193.4M-4.8%	$203.2M-7.6%	$219.9M+7.8%	$204.0M+6.8%	$191.1M+48.8%	$128.4M+129.8%	$55.9M
Total Equity	$1.7B+19.3%	$1.4B+14.0%	$1.2B+11.5%	$1.1B+12.0%	$990.1M+38.5%	$714.8M+13.5%	$629.5M+3.7%	$607.0M+8.0%	$562.2M+12.8%	$498.6M+3.1%	$483.5M+6.5%	$453.8M+13.9%	$398.4M+19.8%	$332.6M+21.0%	$274.9M
Retained Earnings	$1.4B+22.8%	$1.1B+17.4%	$961.0M+13.4%	$847.7M+16.5%	$727.4M+16.4%	$624.7M+17.6%	$531.3M+15.2%	$461.1M+16.4%	$396.0M+18.1%	$335.2M+4.8%	$319.9M+8.9%	$293.6M+23.3%	$238.2M+35.7%	$175.5M+40.5%	$124.9M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-K	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-K
Total Assets	$4.6B+2.3%	$4.2B-0.1%	$4.4B+5.1%	$4.6B+9.7%	$4.5B+12.0%	$4.2B+6.7%	$4.2B+9.6%	$4.2B+11.5%
Current Assets	$2.2B-12.0%	$2.1B-1.5%	$2.3B+8.1%	$2.6B+15.4%	$2.5B+17.6%	$2.2B+8.7%	$2.2B+14.5%	$2.2B+17.5%
Cash & Equivalents	$218.2M-44.1%	$361.5M+2.8%	$535.5M+17.5%	$431.4M+22.3%	$390.3M+88.2%	$351.6M+98.0%	$455.8M+109.3%	$352.7M+119.4%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$1.1B+22.7%	$856.9M0.0%	$856.9M0.0%	$856.9M-0.1%	$856.9M-0.1%	$856.9M-0.1%	$856.9M-0.1%	$857.6M0.0%
Total Liabilities	$3.0B+1.0%	$2.5B-8.7%	$2.7B-2.1%	$3.0B+4.9%	$3.0B+9.1%	$2.8B+2.5%	$2.8B+7.5%	$2.9B+10.6%
Current Liabilities	$1.8B-9.3%	$1.7B-6.3%	$1.8B+10.6%	$2.1B+32.8%	$2.0B+36.0%	$1.8B+23.1%	$1.7B+25.1%	$1.6B+24.2%
Non-Current Liabilities	$1.2B+22.4%	$858.9M-13.1%	$878.3M-21.3%	$881.4M-30.6%	$981.7M-22.4%	$988.5M-21.3%	$1.1B-11.2%	$1.3B-2.9%
Long-Term Debt	$752.0M+43.2%	$396.3M-27.1%	$409.0M-38.0%	$422.2M-48.9%	$525.0M-37.8%	$543.9M-36.9%	$660.2M-25.4%	$827.0M-18.4%
Total Equity	$1.6B+4.7%	$1.7B+16.5%	$1.7B+19.3%	$1.6B+19.9%	$1.5B+18.1%	$1.4B+15.7%	$1.4B+14.0%	$1.4B+13.5%
Retained Earnings	$1.4B+9.8%	$1.4B+19.8%	$1.4B+22.8%	$1.3B+24.1%	$1.2B+22.0%	$1.2B+19.6%	$1.1B+17.4%	$1.1B+16.4%

Not reported in any period shown, so not listed: Inventory, Accounts Receivable.

PRIM Cash Flow Statement

PRIM quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$194.5M	$470.4M-7.5%	$508.3M+156.1%	$198.5M+138.2%	$83.3M+4.5%	$79.7M-74.5%	$313.0M+163.1%	$118.9M-6.2%	$126.8M-32.9%	$188.9M+201.9%	$62.6M+29.4%	$48.4M+34.0%	$36.1M-53.6%	$77.8M-21.0%	$98.4M+149.1%	$39.5M
Depreciation & Amortization	N/A	$91.9M-3.8%	$95.5M-10.7%	$107.0M+7.9%	$99.2M-6.1%	$105.6M+28.0%	$82.5M-3.4%	$85.4M+7.8%	$79.3M+19.5%	$66.3M-2.5%	$68.0M+4.3%	$65.2M+11.6%	$58.4M+17.1%	$49.9M+40.0%	$35.6M+5.4%	$33.8M
Stock-Based Compensation	N/A	$20.6M+36.4%	$15.1M+28.0%	$11.8M+58.6%	$7.4M-28.9%	$10.5M+360.1%	$2.3M+44.0%	$1.6M+26.0%	$1.3M+11.3%	$1.1M-30.8%	$1.6M+55.0%	$1.1M+12.4%	$934K+154.5%	$367K	N/A	N/A
Capital Expenditures	$106.5M	$129.9M+2.7%	$126.5M+22.8%	$103.0M+8.8%	$94.7M-29.3%	$133.8M+108.0%	$64.4M-31.9%	$94.5M-14.2%	$110.2M+38.1%	$79.8M+37.5%	$58.0M-13.5%	$67.1M-23.7%	$88.0M+1.0%	$87.0M+132.8%	$37.4M+28.7%	$29.1M
Free Cash Flow	$88.0M	$340.5M-10.8%	$381.8M+299.8%	$95.5M+941.9%	-$11.3M+79.0%	-$54.1M-121.8%	$248.6M+916.9%	$24.5M+47.1%	$16.6M-84.8%	$109.2M+2299.1%	$4.5M+124.3%	-$18.7M+63.9%	-$51.9M-457.7%	-$9.3M-115.2%	$61.0M+483.8%	$10.4M
Investing Cash Flow	-$466.0M	-$93.9M-245.2%	-$27.2M+9.3%	-$30.0M+93.8%	-$481.9M+30.3%	-$691.3M-1526.3%	-$42.5M+35.5%	-$65.9M+68.5%	-$209.2M-59.1%	-$131.4M-121.2%	-$59.4M-22.5%	-$48.5M	N/A	N/A	N/A	N/A
Financing Cash Flow	$100.0M	-$296.3M-21.2%	-$244.4M-19.0%	-$205.3M-145.4%	$452.0M-6.9%	$485.7M+873.2%	-$62.8M+24.6%	-$83.3M-230.3%	$63.9M+378.6%	-$22.9M+19.4%	-$28.5M-230.5%	$21.8M	N/A	N/A	N/A	N/A
Dividends Paid	$17.4M	$17.3M+34.1%	$12.9M+0.8%	$12.8M+0.2%	$12.8M+1.7%	$12.6M+8.4%	$11.6M-5.1%	$12.2M-1.1%	$12.3M+9.0%	$11.3M-0.5%	$11.4M+16.1%	$9.8M+31.1%	$7.5M+45.1%	$5.2M-33.0%	$7.7M+44.7%	$5.3M
Share Buybacks	N/A	N/A	N/A	N/A	$6.0M-59.3%	$14.7M+28.5%	$11.5M	N/A	$20.0M+300.1%	$5.0M0.0%	$5.0M	N/A	$2.8M	N/A	$1.0M	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-K	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-K
Operating Cash Flow	-$8.7M-111.1%	-$122.6M-285.2%	$142.9M-52.1%	$182.9M-17.8%	$78.4M+388.0%	$66.2M+332.6%	$298.2M+45.0%	$222.5M+201.9%
Depreciation & Amortization	$30.7M+36.4%	$23.8M+11.2%	$24.2M+7.2%	$23.8M+5.1%	$22.5M-12.4%	$21.4M-12.9%	$22.6M-11.7%	$22.7M-15.1%
Stock-Based Compensation	N/A	$7.7M+54.0%	N/A	N/A	N/A	$5.0M+107.8%	N/A	N/A
Capital Expenditures	$22.5M-32.0%	$27.8M-31.5%	$21.7M-22.8%	$34.5M-45.9%	$33.1M+36.8%	$40.6M+289.1%	$28.2M+37.4%	$63.7M+58.8%
Free Cash Flow	-$31.2M-168.9%	-$150.4M-687.5%	$121.1M-55.1%	$148.5M-6.5%	$45.3M+656.8%	$25.6M+165.8%	$270.1M+45.9%	$158.8M+372.8%
Investing Cash Flow	-$418.5M-1515.8%	-$12.7M+61.7%	-$15.7M+40.3%	-$19.1M+52.5%	-$25.9M-173.8%	-$33.2M-892.9%	-$26.3M-500.8%	-$40.2M-151.2%
Financing Cash Flow	$283.2M+2053.1%	-$38.6M+71.9%	-$21.7M+87.3%	-$122.9M-252.0%	-$14.5M+39.6%	-$137.2M-808.2%	-$170.4M-17.3%	-$34.9M-84.7%
Dividends Paid	$4.4M+2.3%	$4.3M0.0%	$4.4M+33.7%	$4.3M+35.0%	$4.3M+33.5%	$4.3M+34.3%	$3.3M+1.3%	$3.2M+0.6%

Not reported in any period shown, so not listed: Share Buybacks.

PRIM Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

PRIM quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	10.7%-0.3pp	11.0%+0.8pp	10.3%-0.1pp	10.3%-1.6pp	11.9%+1.3pp	10.6%-0.1pp	10.7%-0.4pp	11.1%-0.6pp	11.7%+1.6pp	10.1%-1.3pp	11.4%+0.1pp	11.3%-1.9pp	13.2%+0.7pp	12.5%-0.2pp	12.7%
Operating Margin	5.4%+0.4pp	5.0%+0.6pp	4.4%0.0pp	4.4%-0.4pp	4.9%+0.2pp	4.7%+0.2pp	4.5%+0.1pp	4.4%0.0pp	4.5%+1.6pp	2.9%-0.6pp	3.5%-1.5pp	5.0%-1.5pp	6.4%+0.2pp	6.3%-0.5pp	6.8%
Net Margin	3.6%+0.8pp	2.8%+0.6pp	2.2%-0.8pp	3.0%-0.3pp	3.3%+0.3pp	3.0%+0.4pp	2.6%0.0pp	2.6%-0.4pp	3.0%+1.7pp	1.3%-0.6pp	1.9%-1.1pp	3.0%-0.8pp	3.8%+0.1pp	3.8%-0.2pp	4.0%
Return on Equity	16.4%+3.5pp	12.8%+2.6pp	10.2%-1.8pp	12.0%+0.3pp	11.7%-3.0pp	14.7%+1.6pp	13.1%+0.3pp	12.8%-0.1pp	12.9%+7.5pp	5.4%-2.3pp	7.6%-6.4pp	14.0%-4.7pp	18.7%+1.2pp	17.5%-3.8pp	21.3%
Return on Assets	6.2%+1.9pp	4.3%+1.0pp	3.3%-0.5pp	3.8%-0.8pp	4.5%-0.8pp	5.3%+0.8pp	4.5%-0.4pp	4.9%-0.9pp	5.8%+3.5pp	2.3%-1.0pp	3.3%-2.5pp	5.8%-1.3pp	7.1%+0.8pp	6.3%-1.8pp	8.0%
Current Ratio	1.260.0x	1.29-0.1x	1.41-0.1x	1.50-0.1x	1.56+0.1x	1.46+0.1x	1.36-0.1x	1.49-0.1x	1.630.0x	1.620.0x	1.65+0.1x	1.59+0.1x	1.53+0.2x	1.340.0x	1.33
Debt-to-Equity	0.24-0.2x	0.47-0.2x	0.72-0.2x	0.96+0.4x	0.60+0.2x	0.38-0.1x	0.470.0x	0.50+0.2x	0.34-0.1x	0.410.0x	0.450.0x	0.450.0x	0.48+0.1x	0.39+0.2x	0.20
Asset Turnover	1.72+0.2x	1.520.0x	1.49+0.2x	1.25-0.1x	1.38-0.4x	1.77+0.1x	1.70-0.1x	1.84-0.1x	1.90+0.2x	1.710.0x	1.70-0.2x	1.90+0.1x	1.85+0.2x	1.66-0.3x	2.00
FCF Margin	4.5%-1.5pp	6.0%+4.3pp	1.7%+1.9pp	-0.3%+1.3pp	-1.6%-8.7pp	7.1%+6.3pp	0.8%+0.2pp	0.6%-4.0pp	4.6%+4.4pp	0.2%+1.2pp	-1.0%+1.5pp	-2.5%-2.0pp	-0.5%-4.4pp	4.0%+3.2pp	0.7%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-K	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-K
Gross Margin	4.9%-7.4pp	8.6%-1.7pp	9.4%-1.2pp	10.8%-1.2pp	12.3%+0.3pp	10.4%+0.9pp	10.6%+0.3pp	12.0%+0.7pp
Operating Margin	-1.6%-8.3pp	1.6%-2.7pp	N/A	6.3%+0.2pp	6.7%+1.2pp	4.3%+1.1pp	N/A	6.0%+0.3pp
Net Margin	-1.4%-5.9pp	1.1%-1.6pp	2.8%-0.3pp	4.3%+0.8pp	4.5%+1.3pp	2.7%+1.3pp	3.1%+0.6pp	3.5%+0.4pp
Return on Equity	-1.5%-7.0pp	1.0%-2.0pp	3.1%-0.8pp	5.8%+1.5pp	5.5%+1.7pp	3.1%+1.5pp	3.8%+0.8pp	4.3%+0.3pp
Return on Assets	-0.5%-2.4pp	0.4%-0.6pp	1.2%-0.1pp	2.0%+0.6pp	1.9%+0.6pp	1.1%+0.6pp	1.3%+0.3pp	1.4%+0.1pp
Current Ratio	1.180.0x	1.28+0.1x	1.260.0x	1.20-0.2x	1.22-0.2x	1.22-0.2x	1.29-0.1x	1.38-0.1x
Debt-to-Equity	0.47+0.1x	0.24-0.1x	0.24-0.2x	0.26-0.3x	0.34-0.3x	0.38-0.3x	0.47-0.2x	0.61-0.2x
Asset Turnover	0.36-0.1x	0.370.0x	0.420.0x	0.47+0.1x	0.420.0x	0.390.0x	0.410.0x	0.390.0x
FCF Margin	-1.8%-4.3pp	-9.6%-11.2pp	6.5%-9.0pp	6.8%-2.8pp	2.4%+2.9pp	1.6%+4.3pp	15.5%+3.3pp	9.6%+7.4pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Primoris Services Corporation PRIM	FY2025	$7.6B	$274.9M	3.6%	$4.4B	63/100
Construction Partners, Inc. ROAD	FY2025	$2.8B	$101.8M	3.6%	$5.0B	54/100
Fluor Corporation FLR	FY2025	$15.5B	-$51.0M	-0.3%	$6.8B	38/100
KBR, Inc. KBR	FY2025	$7.8B	$415.0M	5.3%	$4.3B	50/100
Dycom Industries, Inc. DY	FY2026	$5.5B	$281.0M	5.1%	$8.5B	39/100
IES Holdings, Inc. IESC	FY2025	$3.4B	$306.0M	9.1%	$13.1B	71/100

Where Primoris Services Corporation Ranks

Frequently Asked Questions

What is Primoris Services Corporation's annual revenue?

Primoris Services Corporation (PRIM) reported $7.6B in total revenue for fiscal year 2025. This represents a 19.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Primoris Services Corporation's revenue growing?

Primoris Services Corporation (PRIM) revenue grew by 19.0% year-over-year, from $6.4B to $7.6B in fiscal year 2025.

Is Primoris Services Corporation profitable?

Yes, Primoris Services Corporation (PRIM) reported a net income of $274.9M in fiscal year 2025, with a net profit margin of 3.6%.

What is Primoris Services Corporation's EBITDA?

Primoris Services Corporation (PRIM) had EBITDA of $503.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Primoris Services Corporation have?

As of fiscal year 2025, Primoris Services Corporation (PRIM) had $535.5M in cash and equivalents against $409.0M in long-term debt.

What is Primoris Services Corporation's gross margin?

Primoris Services Corporation (PRIM) had a gross margin of 10.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Primoris Services Corporation's operating margin?

Primoris Services Corporation (PRIM) had an operating margin of 5.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Primoris Services Corporation's net profit margin?

Primoris Services Corporation (PRIM) had a net profit margin of 3.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Primoris Services Corporation pay dividends?

Yes, Primoris Services Corporation (PRIM) paid $0.32 per share in dividends during fiscal year 2025.

What is Primoris Services Corporation's return on equity (ROE)?

Primoris Services Corporation (PRIM) has a return on equity of 16.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Primoris Services Corporation's free cash flow?

Primoris Services Corporation (PRIM) generated $340.5M in free cash flow during fiscal year 2025. This represents a -10.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Primoris Services Corporation's operating cash flow?

Primoris Services Corporation (PRIM) generated $470.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Primoris Services Corporation's total assets?

Primoris Services Corporation (PRIM) had $4.4B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Primoris Services Corporation's capital expenditures?

Primoris Services Corporation (PRIM) invested $129.9M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Primoris Services Corporation have outstanding?

Primoris Services Corporation (PRIM) had 54M shares outstanding as of fiscal year 2025.

What is Primoris Services Corporation's current ratio?

Primoris Services Corporation (PRIM) had a current ratio of 1.26 as of fiscal year 2025, which is considered adequate.

What is Primoris Services Corporation's debt-to-equity ratio?

Primoris Services Corporation (PRIM) had a debt-to-equity ratio of 0.24 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Primoris Services Corporation's return on assets (ROA)?

Primoris Services Corporation (PRIM) had a return on assets of 6.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Primoris Services Corporation's P/E ratio?

Primoris Services Corporation (PRIM) trades at 31.9x earnings, its market capitalization divided by net income of $139.6M net income, trailing 12 months to June 30, 2026. The market capitalization is $4.4B as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Primoris Services Corporation's price-to-sales ratio?

Primoris Services Corporation (PRIM) trades at 0.6x sales, its market capitalization divided by revenue of $7.3B revenue, trailing 12 months to June 30, 2026. The market capitalization is $4.4B as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Primoris Services Corporation's Altman Z-Score?

Primoris Services Corporation (PRIM) has an Altman Z-Score of 3.58, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Primoris Services Corporation's Piotroski F-Score?

Primoris Services Corporation (PRIM) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Primoris Services Corporation's earnings high quality?

Primoris Services Corporation (PRIM) has an earnings quality ratio of 1.71x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Primoris Services Corporation cover its interest payments?

Primoris Services Corporation (PRIM) has an interest coverage ratio of 14.34x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Primoris Services Corporation?

Primoris Services Corporation (PRIM) scores 63 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.