Primoris Services Corp financial data

Symbol
PRIM on NYSE
Industry
Water, Sewer, Pipeline, Comm & Power Line Construction
Location
2300 N. Field Street, Suite 1900, Dallas, Texas
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Rhapsody Acquisition Corp. (to 8/15/2008)
Latest financial report
10-Q - Q2 2024 - Aug 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 141 % -5.07%
Debt-to-equity 214 % -3.28%
Return On Assets 3.95 % +12.5%
Operating Margin 4.88 % +18.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 53.7M shares +0.65%
Common Stock, Shares, Outstanding 53.7M shares +0.65%
Entity Public Float 1.6B USD +38.6%
Common Stock, Value, Issued 6K USD 0%
Weighted Average Number of Shares Outstanding, Basic 53.6M shares +0.64%
Weighted Average Number of Shares Outstanding, Diluted 54.7M shares +0.61%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 6.02B USD +14%
Operating Income (Loss) 294M USD +35.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 217M USD +40.1%
Income Tax Expense (Benefit) 63M USD +108%
Net Income (Loss) Attributable to Parent 154M USD +23.5%
Earnings Per Share, Basic 2.88 USD/shares +23.1%
Earnings Per Share, Diluted 2.84 USD/shares +22.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 207M USD +69%
Accounts Receivable, after Allowance for Credit Loss, Current 112M USD
Assets, Current 2.09B USD +11.8%
Deferred Income Tax Assets, Net 7.21M USD +276%
Property, Plant and Equipment, Net 446M USD -7.13%
Operating Lease, Right-of-Use Asset 421M USD +68.7%
Intangible Assets, Net (Excluding Goodwill) 217M USD -8.68%
Goodwill 858M USD 0%
Other Assets, Noncurrent 16.4M USD -35.4%
Assets 4.05B USD +8.81%
Accounts Payable, Current 584M USD +13.7%
Employee-related Liabilities, Current 145M USD +18.1%
Accrued Liabilities, Current 325M USD +16.6%
Contract with Customer, Liability, Current 484M USD +15.8%
Liabilities, Current 1.48B USD +15.2%
Deferred Income Tax Liabilities, Net 59.4M USD +96.7%
Operating Lease, Liability, Noncurrent 308M USD +79.7%
Other Liabilities, Noncurrent 54.6M USD +22.3%
Liabilities 2.75B USD +6.93%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2.68M USD -138%
Retained Earnings (Accumulated Deficit) 1.02B USD +16%
Stockholders' Equity Attributable to Parent 1.3B USD +13%
Liabilities and Equity 4.05B USD +8.81%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -28.5M USD +75.3%
Net Cash Provided by (Used in) Financing Activities -15.1M USD +58.7%
Net Cash Provided by (Used in) Investing Activities 4.19M USD
Common Stock, Shares Authorized 90M shares 0%
Common Stock, Shares, Issued 53.7M shares +0.65%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -39.7M USD +75%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 213M USD +65.9%
Interest Paid, Excluding Capitalized Interest, Operating Activities 6.83M USD -60.7%
Deferred Tax Assets, Valuation Allowance 10.2M USD -22%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability 416M USD +64.6%
Payments to Acquire Property, Plant, and Equipment 10.4M USD -24.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 153M USD +24.3%
Lessee, Operating Lease, Liability, to be Paid 407M USD +84%
Property, Plant and Equipment, Gross 945M USD -2.23%
Operating Lease, Liability, Current 107M USD +32.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 91M USD +81.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 113M USD +43.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +53.9%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 46.7M USD +165%
Lessee, Operating Lease, Liability, to be Paid, Year Three 80.5M USD +173%
Deferred Tax Assets, Operating Loss Carryforwards 41.8M USD -10.7%
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 9.22M USD -9.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four 60.7M USD +155%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 20.7M USD -17.9%
Depreciation, Depletion and Amortization 24.6M USD -11.4%
Deferred Tax Assets, Net of Valuation Allowance 158M USD +37.7%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%