Primoris Services Corp Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Primoris Services Corp quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Primoris Services Corp Operating Margin for the quarter ending June 30, 2024 was 4.88 %, a 18.5% increase year-over-year.
  • Primoris Services Corp annual Operating Margin for 2023 was 4.43 %, a 0.23% increase from 2022.
  • Primoris Services Corp annual Operating Margin for 2022 was 4.42 %, a 9.25% decline from 2021.
  • Primoris Services Corp annual Operating Margin for 2021 was 4.86 %, a 3.62% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 4.43 +0.01 +0.23% Jan 1, 2023 Dec 31, 2023
2022 4.42 -0.45 -9.25% Jan 1, 2022 Dec 31, 2022
2021 4.86 +0.17 +3.62% Jan 1, 2021 Dec 31, 2021
2020 4.7 +0.16 +3.53% Jan 1, 2020 Dec 31, 2020
2019 4.54 +0.1 +2.25% Jan 1, 2019 Dec 31, 2019
2018 4.44 -0.03 -0.67% Jan 1, 2018 Dec 31, 2018
2017 4.47 +1.57 +54.3% Jan 1, 2017 Dec 31, 2017
2016 2.89 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.