Saturday 17 October 2026 Export PRIM’s income statement to Excel — free account

Primoris Services Corporation

PRIM Industrials Engineering & Construction

Primoris Services Corporation’s revenue for fiscal 2025 (year ended December 2025) was $7.6 billion, up 19.0% from fiscal 2024. In the quarter to June 2026, revenue fell 10.7%, EPS fell 128.9%, free cash flow fell 149.1% and total debt rose 32.2%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for ten; insiders bought in the last twelve months.

73.21 0.54 −0.73%

Follow PRIM

Alert me

Market cap: $4.0B
P/E: 28.4×
Fwd P/E: 30.5×
Dividend yield: 0.44%
F-score: 6/9
Altman Z: 4.07
Beneish M: −2.71
Dividend safety: 93/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 1.01

Total sells 9.67

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	1	—	—	1	1	—	1	—	—	—
Sell	2	2	—	—	—	—	2	—	—	—	—	—

Insider Ownership 1.41%

Capital & Financial Ratios $m

Market Cap 3,970.00

Revenue 7,284.20

Net Income 139.60

Free Cash Flow 118.40

Net Debt 578.80

Current Ratio 1.18

Debt/Equity 0.50

P/E ratio 28.38

Fwd P/E 30.50

P/S ratio 0.54

P/B ratio 2.46

Past 5Y EPS Growth 18.37%

This Y EPS Growth (62.01%)

Next Y EPS Growth 144.48%

Next Y revenue growth (4.13%)

Next 5Y EPS Growth 3.50%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 83.86%

10-year low 10-year high

P/S against its own 10 years 62.81%

10-year low 10-year high

P/B against its own 10 years 73.35%

10-year low 10-year high

EV/Sales against its own 10 years 67.75%

10-year low 10-year high

EV/FCF against its own 10 years 77.53%

10-year low 10-year high

Dividends

Payout Ratio 0.13

Annual Dividend Rate 0.32

Annual Dividend Yield 0.44%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.32	0.08 0.08 0.08
2025	0.32	0.08 0.08 0.08 0.08
2024	0.26	0.06 0.06 0.06 0.08
2023	0.24	0.06 0.06 0.06 0.06
2022	0.24	0.06 0.06 0.06 0.06
2021	0.24	0.06 0.06 0.06 0.06
2020	0.24	0.06 0.06 0.06 0.06
2019	0.24	0.06 0.06 0.06 0.06
2018	0.24	0.06 0.06 0.06 0.06
2017	0.28	0.06 0.06 0.06 0.06 0.06
2016	0.22	0.06 0.06 0.06 0.06

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	218	456	536	218
Receivables	685	834	723	839
Inventory	—	—	—	—
Other	846	774	937	938
	1,885	2,160	2,334	2,163

	2023	2024	2025	Q'26
Payables	629	624	744	692
ST’ Debt	73	75	61	45
Other	366	617	634	683
	1,335	1,671	1,849	1,831

Compound Annual Growth %

	10y	5y	3y
Sales	14.66%	16.75%	19.66%
Cash Flow	25.54%	8.49%	78.04%
Earnings	22.25%	21.23%	27.38%
Book Value	13.27%	18.65%	14.88%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1,560	1,688	—	—	—
’25	1,648	1,891	2,178	1,858	7,575
’24	1,413	1,564	1,649	1,741	6,367
’23	1,257	1,413	1,529	1,516	5,715
’22	784	1,023	1,284	1,329	4,421
’21	818	882	913	884	3,498
’20	743	908	943	897	3,491

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(123)	(9)	—	—	—
’25	66	78	183	143	470
’24	(28)	16	222	298	508
’23	(115)	35	74	206	199
’22	7	(98)	(11)	185	83
’21	8	(2)	9	64	80
’20	(5)	66	131	122	313

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(143)	(26)	—	—	—
’25	33	53	161	127	373
’24	(24)	51	182	272	481
’23	(122)	22	58	201	159
’22	(22)	(124)	(13)	188	30
’21	(9)	(37)	3	38	(5)
’20	(8)	59	104	116	270

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.32	(0.45)	—	—	—
’25	0.81	1.54	1.73	0.95	5.02
’24	0.35	0.91	1.07	0.99	3.31
’23	0.02	0.72	0.89	0.69	2.33
’22	(0.03)	0.93	0.80	0.77	2.47
’21	0.12	0.67	0.81	0.54	2.17
’20	(0.08)	0.68	0.90	0.66	2.16

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	16.13	21.83	17.99	17.80	9.42	21.47	15.90	21.88	30.95	49.10	Analyst estimates 2026–2028 Powerpack
	High	25.25	30.00	28.90	23.98	29.02	41.76	27.94	36.19	84.97	146.16
People
People	Employees	7,926	7,102	10,600	9,700	10,414	10,810	12,802	14,058	15,716	18,526
	Revenue/emp, $m	0.25	0.34	0.28	0.32	0.34	0.32	0.35	0.41	0.41	0.41
Income, $m
Income, $m	Revenue	1,997	2,380	2,939	3,106	3,491	3,498	4,421	5,715	6,367	7,575
	Gross margin, %	10.08	11.70	11.08	10.65	10.60	11.91	10.34	10.28	11.04	10.73
	EBT	49	105	113	118	146	152	159	178	255	384
	EBT margin, %	2.45	4.42	3.86	3.80	4.17	4.34	3.60	3.11	4.00	5.07
	Net income	28	77	88	84	105	116	133	126	181	275
	Depreciation	71	67	79	85	82	106	99	107	96	92
Per share, $
Per share, $	Revenue	38.58	46.23	57.24	61.17	72.28	66.40	83.09	107.23	118.78	140.28
	Earnings	0.52	1.41	1.51	1.62	2.17	2.19	2.50	2.37	3.37	5.09
	Cash flow	1.21	3.67	2.47	2.34	6.48	1.51	1.57	3.72	9.48	8.71
	Capex	(0.94)	(1.38)	(1.92)	(1.30)	(0.88)	(1.60)	(1.00)	(0.74)	(0.51)	(1.80)
	Free cash flow	0.27	2.29	0.55	1.05	5.60	(0.09)	0.56	2.99	8.98	6.91
	Book value	9.63	10.92	11.82	12.40	14.80	18.80	20.84	23.19	26.30	31.13
	Shares, m	52	51	51	51	48	53	53	53	54	54
Valuation, ×
Valuation, ×	P/E	44.56	19.49	12.67	13.73	12.72	11.05	8.84	13.91	22.74	24.39
	P/S	0.60	0.59	0.33	0.36	0.38	0.36	0.27	0.31	0.64	0.89
	P/B	2.41	2.52	1.62	1.79	1.87	1.28	1.06	1.42	2.91	3.99
	EV/Sales	0.66	0.63	0.41	0.44	0.38	0.49	0.47	0.44	0.69	0.88
	EV/FCF	93.61	12.75	42.41	25.63	4.89	(379.17)	69.11	15.64	9.09	17.80
Cash, $m
Cash, $m	Operating cash flow	63	189	127	119	313	80	83	199	508	470
	Capex	(48)	(71)	(99)	(66)	(43)	(84)	(53)	(39)	(27)	(97)
	Free cash flow	14	118	28	53	270	(5)	30	159	481	373
Balance, $m
Balance, $m	Working capital	281	288	303	242	351	423	566	550	489	485
	Total debt	261	259	368	351	317	661	1,143	958	735	470
	Net debt	126	88	217	231	(10)	461	895	740	279	(66)
	Shareholders’ equity	499	562	607	630	715	990	1,109	1,236	1,410	1,681
Returns, %
Returns, %	ROA	2.32	5.96	5.44	4.81	5.53	5.13	4.37	3.42	4.51	6.39
	ROIC	5.78	10.21	9.90	10.23	14.54	7.33	6.09	8.00	11.75	15.92
	ROE	5.44	13.64	13.25	13.32	15.62	13.58	12.68	10.76	13.68	17.79

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
AGX Argan, Inc.	$5.2B	26.9×	58.0×	+61.51% (above 0%: growing)	+47.86% (above 0%: growing)	+178.70% (above 0%: growing)	19.33%	14.79%	Compare
LGN Legence Corp.	$4.9B	— (loss-making)	13.0×	+110.74% (above 0%: growing)	n/m	+106.83% (above 0%: growing)	17.45%	(0.52%)	Compare
GVA Granite Construction Incorporated	$4.8B	— (loss-making)	26.2×	+29.30% (above 0%: growing)	n/m	+755.66% (above 0%: growing)	16.40%	8.71%	Compare
ROAD Construction Partners, Inc.	$4.7B	32.2×	38.5×	+28.25% (above 0%: growing)	+33.75% (above 0%: growing)	−19.66% (below 0%: shrinking)	16.85%	10.94%	Compare
KBR KBR, Inc.	$4.6B	11.0×	9.6×	+1.64% (above 0%: growing)	+33.93% (above 0%: growing)	−83.25% (below 0%: shrinking)	14.77%	8.67%	Compare
MYRG MYR Group, Inc.	$4.5B	26.4×	39.8×	+20.15% (above 0%: growing)	+88.24% (above 0%: growing)	−283.31% (below 0%: shrinking)	13.19%	6.28%	Compare
TPC Tutor Perini Corporation	$4.1B	32.9×	19.8×	+19.17% (above 0%: growing)	+228.95% (above 0%: growing)	−35.14% (below 0%: shrinking)	12.91%	7.19%	Compare
PRIM Primoris Services Corporation	$4.0B	28.4×	30.5×	−10.71% (below 0%: shrinking)	n/m	−149.14% (below 0%: shrinking)	4.88%	(1.59%)
EXPO Exponent, Inc.	$3.4B	32.2×	26.3×	+20.89% (above 0%: growing)	+15.38% (above 0%: growing)	−14.24% (below 0%: shrinking)	86.74%	16.33%	Compare
Median of peers	$4.7B	29.5×	26.3×	+24.57%	+40.90%	−16.95%	16.63%	8.69%

All 51 Engineering & Construction stocks →

Primoris Services Corporation (PRIM) key facts

Strength: Primoris Services Corporation’s revenue for fiscal 2025 (year ended December 2025) was $7.6 billion, up 19.0% from fiscal 2024.
Strength: Net income was $274.9 million, or $5.09 per share (basic), a net margin of 3.63%.
Primoris Services Corporation (PRIM) is an Engineering & Construction company in the Industrials sector, listed on the New York Stock Exchange.
As of October 16, 2026, PRIM traded at $73.21, a market capitalization of $4.0 billion.
At that price the stock trades at 28.4× trailing-twelve-month earnings and 0.5× sales; its P/E is higher than 84% of its own readings over the past ten years.
Primoris Services Corporation pays an annual dividend of $0.32 per share, a yield of 0.44%, with a payout ratio of 12.6%.
Return on equity was 17.8% and debt-to-equity 0.50.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 4.07 (safe zone) for fiscal 2025.