
Primoris Services Corporation Income Statement 2025-2008 | PRIM
Brief overview of revenue and earnings at Primoris Services Corporation
The comparison covers a five-year financial horizon. The revenue attributed to Primoris Services Corporation moved from $3.5 billion to $1.9 billion between the two endpoints. The cumulative result was −46.8%, corresponding to roughly −11.9% per year. The business finished the period with a smaller revenue base.
The gross result shifted from $370 million to $175 million, or −52.7%. Costs absorbed a larger share of revenue over the period. The gross margin was 10.6% at the start and 9.4% at the end. The relationship between gross profit and revenue changed only slightly.
EBITDA changed from 246 million dollars to 503 million dollars (+104.3%). EBITDA expanded faster than the top line. At the operating-margin level, the figure shifted from 7.1% to 27.1%. The business generated more EBITDA from each unit of revenue.
Over the period, net income shifted from 105 million dollars to 51.8 million dollars (−50.7%). Profit pressure may reflect higher operating, financing, or tax costs.
Over the period, capitalization shifted from 1.4 billion dollars to 6.3 billion dollars (+351.9%). The share-price trend moved ahead of the financial performance.
Summary assessment
Signs of deterioration dominate the five-year picture. The positive side is supported by higher operating efficiency. The most visible risks are lower net income, pressure from direct costs and weak sales momentum. The key question is whether sales can be converted into sustainable profit.
Annual Income Statement Primoris Services Corporation
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
6.35 B | 6.31 B | 6.27 B | 6.25 B | 1.32 B | 1.4 B | 1.12 B | 1.02 B | 1.34 B | 1.29 B | 1.05 B | 969 M | 1.63 B | 985 M | 804 M | 291 M | 191 M | - |
Shares |
54 M | 53.7 M | 53.3 M | 53.2 M | 52.7 M | 48.3 M | 50.8 M | 51.4 M | 51.5 M | 51.8 M | 51.6 M | 51.6 M | 51.5 M | 51.4 M | 50.7 M | 42.7 M | 31.9 M | - |
Historical Prices |
118 | 118 | 118 | 118 | 25.7 | 28.9 | 20.9 | 19.3 | 25 | 23.6 | 19.2 | 17.5 | 29.4 | 17.6 | 14.5 | 6.82 | 5.99 | - |
Net Income |
51.8 M | 54 M | 126 M | 133 M | 116 M | 105 M | 82.3 M | 77.5 M | 72.4 M | 26.7 M | 36.9 M | 63.2 M | 69.7 M | 56.8 M | 58.6 M | 33.6 M | 25.9 M | - |
Revenue |
1.86 B | 1.74 B | 5.72 B | 4.42 B | 3.5 B | 3.49 B | 3.11 B | 2.94 B | 2.38 B | 2 B | 1.93 B | 2.09 B | 1.94 B | 1.54 B | 1.46 B | 1.57 M | - | - |
Cost of Revenue |
6.76 B | 5.66 B | 5.13 B | 3.96 B | 3.08 B | 3.12 B | 2.78 B | 2.61 B | 2.1 B | - | - | - | - | - | - | - | - | - |
Gross Profit |
175 M | 185 M | 588 M | 457 M | 417 M | 370 M | 331 M | 326 M | 278 M | 201 M | 220 M | 236 M | 256 M | 193 M | 185 M | 123 M | 75.6 M | - |
Operating Income |
412 M | 317 M | 253 M | 195 M | 170 M | 164 M | 141 M | 130 M | 106 M | 57.7 M | 67.8 M | 104 M | 125 M | 96.3 M | 99 M | 57.8 M | 40.4 M | - |
Interest Expense |
1.3 M | 100 K | 1.6 M | 2.07 M | 299 K | 20.3 M | 20.1 M | 18.7 M | 8.15 M | 8.91 M | 7.69 M | 6.43 M | 5.89 M | 3.62 M | 5.43 M | 6.2 M | 1.98 M | - |
EBITDA |
503 M | 413 M | 360 M | 294 M | 276 M | 246 M | 226 M | 223 M | 173 M | 128 M | 133 M | 162 M | 175 M | 132 M | 133 M | 75.7 M | 48.7 M | - |
Operating Expenses |
- | - | - | - | - | 203 M | 190 M | 182 M | 172 M | 141 M | 152 M | 132 M | 131 M | 96.4 M | 86.2 M | - | - | - |
General and Administrative Expenses |
399 M | 383 M | 329 M | 282 M | 230 M | 203 M | 190 M | 182 M | 172 M | 141 M | 152 M | 132 M | 131 M | 96.4 M | 86.2 M | 65 M | 34.8 M | - |
All numbers in USD currency
Quarterly Income Statement Primoris Services Corporation
| 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
54.1 M | 54 M | 54 M | 53.8 M | 53.7 M | 53.6 M | 53.5 M | 53.3 M | 53.3 M | 53.2 M | - | - | 53.3 M | 53.2 M | 53.2 M | 53.8 M | 53.7 M | 49.5 M | 48.1 M | 48.3 M | 48.3 M | 48.6 M | 50.5 M | 51 M | 50.9 M | 50.8 M | 51 M | 51.4 M | 51.5 M | 51.5 M | 51.4 M | 51.4 M | 51.4 M | 51.6 M | 51.8 M | 51.8 M | 51.8 M | 51.7 M | 51.7 M | 51.7 M | 51.7 M | 51.6 M | 51.6 M | 51.6 M | 51.7 M | 51.6 M | 51.6 M | 51.6 M | 51.6 M | 51.5 M | 51.4 M | 51.4 M | 51.4 M | 51.1 M | 51.1 M | 51.1 M | 51 M | 49.7 M |
Net Income |
17.4 M | 94.6 M | 84.3 M | 44.2 M | 58.4 M | 49.5 M | 18.9 M | 48.1 M | 39 M | 1.31 M | - | - | 50.2 M | -1.67 M | 29.4 M | 44.1 M | 36.3 M | 5.85 M | 31.8 M | 43.9 M | 33 M | -3.74 M | 26.9 M | 35.6 M | 17.8 M | 1.95 M | 32.4 M | 32.7 M | 11.7 M | 688 K | 22.5 M | 20.6 M | 21.5 M | 7.69 M | 14.5 M | 4.5 M | 5.06 M | 2.69 M | 12.7 M | 19.1 M | 3.69 M | 1.67 M | 9.02 M | 27.4 M | 16 M | 11.3 M | 25.6 M | 23.2 M | 15.9 M | 10 M | 17.9 M | 17.9 M | 11.9 M | 10.5 M | 12.5 M | 19.3 M | 14.5 M | 12.3 M |
Revenue |
1.56 B | 2.18 B | 1.89 B | 1.65 B | 1.65 B | 1.56 B | 1.41 B | 1.53 B | 1.41 B | 1.26 B | - | - | 1.02 B | 784 M | 884 M | 913 M | 882 M | 818 M | 897 M | 943 M | 908 M | 743 M | 790 M | 865 M | 790 M | 662 M | 878 M | 909 M | 649 M | 504 M | 579 M | 608 M | 631 M | 562 M | - | - | - | - | - | - | - | - | - | 5.25 M | 14 K | 14 K | - | 113 K | -213 K | 269 K | - | -159 K | -47 K | 1.1 M | - | 2.08 M | 4.4 M | 826 K |
Cost of Revenue |
1.43 B | 1.94 B | 1.66 B | 1.48 B | 1.45 B | 1.38 B | 1.28 B | 1.36 B | 1.26 B | 1.16 B | - | - | 931 M | 728 M | - | 786 M | 769 M | 738 M | - | 819 M | 807 M | 695 M | - | 757 M | 709 M | 609 M | - | 802 M | 577 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
135 M | 236 M | 232 M | 171 M | 199 M | 187 M | 133 M | 174 M | 157 M | 99.7 M | - | - | 92.1 M | 56.5 M | 96 M | 127 M | 113 M | 80.2 M | 97.8 M | 124 M | 101 M | 47.8 M | 89.5 M | 108 M | 80.5 M | 52.5 M | 103 M | 107 M | 71.4 M | 44.6 M | 68.5 M | 70.4 M | 84.5 M | 55.1 M | 68.6 M | 50.1 M | 43.3 M | 39.3 M | 63.7 M | 71.6 M | 46.5 M | 38 M | 49.6 M | 75.5 M | 61.2 M | 49.8 M | 74.9 M | 75.5 M | 59.5 M | 46.1 M | 54.8 M | 56.3 M | 44 M | 37.6 M | 51 M | 52.1 M | 41.4 M | 40.6 M |
Operating Income |
24.4 M | 137 M | 127 M | 70.4 M | 99.6 M | 86.1 M | 44.2 M | 88.4 M | 70.8 M | 19 M | - | - | 67.3 M | 708 K | - | 65.3 M | 54.8 M | 12.9 M | - | 66.6 M | 49.5 M | 3.42 M | - | 58.6 M | 31.8 M | 9.53 M | - | 51.1 M | 20.3 M | 5.91 M | - | 27.9 M | 38.5 M | 15.2 M | - | 11.4 M | 10.8 M | 6.62 M | - | 33.1 M | 7.95 M | 4.24 M | - | 39.3 M | 28 M | 20 M | - | 39 M | 28 M | 17.5 M | - | 30.3 M | 20.6 M | 17.3 M | - | 32 M | 20.9 M | 20.8 M |
Interest Expense |
100 K | 134 K | 32 K | 16 K | 61 K | 81 K | -126 K | 467 K | 713 K | 331 K | - | - | 155 K | -9 K | - | 181 K | 379 K | 4.72 M | - | 4.73 M | 3.69 M | 9.11 M | - | 5.19 M | 6.72 M | 5.59 M | - | 6.45 M | 3.19 M | 2 M | - | 2.2 M | 2.14 M | 2.26 M | - | 2.25 M | 2.24 M | 2.27 M | - | 1.9 M | 1.74 M | 1.92 M | - | 1.78 M | 1.2 M | 1.67 M | - | 1.58 M | 1.5 M | 1.42 M | - | 937 K | 1.01 M | 1.1 M | - | 1.52 M | 1.35 M | 1.37 M |
EBITDA |
48.2 M | 161 M | 149 M | 91.8 M | 172 M | 136 M | 68.8 M | 170 M | 126 M | 46.8 M | - | - | 108 M | 20.9 M | - | 69.9 M | 107 M | 37.7 M | - | 129 M | 91.4 M | 25 M | - | 123 M | 75.2 M | 31.2 M | - | 98.8 M | 50.3 M | 20.3 M | - | 70.9 M | 66.6 M | 29.3 M | - | 57.8 M | 41.6 M | 21.9 M | - | 76.6 M | 36.5 M | 18.1 M | - | 76.4 M | 51.9 M | 31.8 M | - | 70 M | 47.9 M | 27 M | - | 51 M | 34.2 M | 23.7 M | - | 49.9 M | 33 M | 26.7 M |
General and Administrative Expenses |
106 M | 97.7 M | 105 M | 99.5 M | 98.1 M | 100 M | 88.6 M | 84.4 M | 85.6 M | 78 M | - | - | 59.7 M | 55.5 M | - | 61.7 M | 57.7 M | 53.4 M | - | 57 M | 51.4 M | 44.4 M | - | 49.8 M | 48.7 M | 42.9 M | - | 51.6 M | 43.5 M | 37 M | - | 42.3 M | 44.9 M | 39.9 M | - | 36 M | 32.5 M | 32.7 M | - | 38.5 M | 38.5 M | 33.8 M | - | 36.2 M | 33.2 M | 29.7 M | - | 36.5 M | 31.6 M | 28.6 M | - | 26 M | 23.4 M | 20.3 M | - | 20.1 M | 20.5 M | 19.8 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Primoris Services Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.
Reports on the profits and losses of other stocks in the Engineering construction industry
| Issuer | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|
|
Atlas Technical Consultants
ATCX
|
- | 0.66 % | $ 487 M | ||
|
Aegion Corporation
AEGN
|
- | - | $ 922 M | ||
|
ПАОДжиТиЭл
GTLC
|
- | - | - | ||
|
ENGlobal Corporation
ENG
|
- | -15.62 % | $ 5.57 M | ||
|
Jacobs Engineering Group
J
|
$ 151.98 | 0.9 % | $ 18.5 B | ||
|
EMCOR Group
EME
|
$ 740.17 | 1.39 % | $ 33.3 B | ||
|
Hill International
HIL
|
- | - | $ 191 M | ||
|
Infrastructure and Energy Alternatives
IEA
|
- | - | $ 667 M | ||
|
NV5 Global
NVEE
|
- | - | $ 1.39 B | ||
|
Fluor Corporation
FLR
|
$ 53.27 | 0.54 % | $ 8.74 B | ||
|
Granite Construction Incorporated
GVA
|
$ 122.52 | 0.58 % | $ 5.35 B | ||
|
Comfort Systems USA
FIX
|
$ 1 518.73 | 0.08 % | $ 53.7 B | ||
|
Quanta Services
PWR
|
$ 602.7 | 0.83 % | $ 89.7 B | ||
|
Construction Partners
ROAD
|
$ 110.1 | 0.17 % | $ 6.05 B | ||
|
IES Holdings
IESC
|
$ 309.8 | 0.66 % | $ 6.17 B | ||
|
MasTec
MTZ
|
$ 241.0 | 0.96 % | $ 18.8 B | ||
|
Sterling Construction Company
STRL
|
$ 470.52 | 1.8 % | $ 14.4 B | ||
|
MYR Group
MYRG
|
$ 294.42 | 0.18 % | $ 4.61 B | ||
|
APi Group Corporation
APG
|
$ 39.69 | 0.07 % | $ 16.5 B | ||
|
TopBuild Corp.
BLD
|
- | - | $ 10.8 B | ||
|
Orion Group Holdings
ORN
|
$ 9.27 | 4.29 % | $ 367 M | ||
|
Argan
AGX
|
$ 417.74 | 1.06 % | $ 5.75 B | ||
|
RCM Technologies
RCMT
|
$ 41.84 | 2.12 % | $ 312 M | ||
|
DIRTT Environmental Solutions Ltd.
DRTT
|
- | -0.36 % | $ 28.9 M | ||
|
Tetra Tech
TTEK
|
$ 36.54 | 0.08 % | $ 9.58 B | ||
|
Willdan Group
WLDN
|
$ 87.99 | 0.14 % | $ 1.29 B | ||
|
KBR
KBR
|
$ 38.03 | 0.13 % | $ 4.91 B | ||
|
Dycom Industries
DY
|
$ 294.34 | 0.65 % | $ 8.55 B | ||
|
Great Lakes Dredge & Dock Corporation
GLDD
|
- | - | $ 1.14 B | ||
|
AECOM
ACM
|
$ 69.17 | 4.42 % | $ 9.16 B | ||
|
Ameresco
AMRC
|
$ 21.99 | 3.38 % | $ 1.15 B | ||
|
Limbach Holdings
LMB
|
$ 41.34 | 0.05 % | $ 479 M | ||
|
Tutor Perini Corporation
TPC
|
$ 88.84 | 0.02 % | $ 4.68 B | ||
|
Concrete Pumping Holdings
BBCP
|
$ 9.21 | 0.12 % | $ 480 M | ||
|
Johnson Controls International plc
JCI
|
$ 139.59 | 0.01 % | $ 91 B | ||
|
Stantec
STN
|
$ 74.79 | 0.11 % | $ 8.53 B |